Chimney
Keepers Garner NC 27529 (919)772-8110 office (919)779-9136 Fax (919)606-1434 mobile Carl Newton, Owner |
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Timesharing 2-5-01 (be
sure to check updates at bottom of page)
The concept is simple. You buy a "week" at one resort but you can trade it to stay at another resort in a different area or different county if you want. You pay a maintenance fee for each week you own to your original resort. Most resorts in Myrtle Beach area run from $300-500 per week. You only pay the maintenance fee once a year. There are thousands of resorts worldwide. Places like Hawaii, Mexico, Greece, Florida and my favorite Virginia Beach, VA., just to name a few. The trick is to (1.) Buy somewhere you like to go to every year or (2.) buy at a resort that has good trading power with low up front cost along with low maintenance fee's. With this timeshare you can go somewhere different every year. I have owned my South African timeshare "week" for 3 years now. The first year ('99)we went to Atlantic Beach NC. (PepperTree Resort at Atlantic Beach) Last year("00) we did "Disney" and stayed in Lake Buena Vista at Cypress Pointe Grande Villas located less than a mile from Disney Downtown area. This year ('01) we are going to Historic Williamsburg. Next year we may try something in NC mountains during summer or Myrtle Beach or Aurba or Cancun. The possibilities are endless. Simple Sounding, but somewhat hard to do. Luckily, I found a site on the net several years ago called "Timeshare Users Group" TUG for short. Through "TUG" and the great BBS's they have, I was able to figure out what makes for a good "cheap" resort to own at and some of the insiders tips for getting great exchanges through RCI (Resorts Condo International). RCI is the largest Resort exchange company in the world. They manage all the trades I and hundreds more request and complete from one resort to another. One "great trader" resort I found is called Dikhololo. Another one is called Mount Amanzi. There are more, but I was most familiar with these two. Both are in South Africa, both are great traders with low yearly maintenance fees. There are several brokers selling weeks in south africa some are located state side and other are in SA. Best place to find out about the different brokers on on TUG web site. Once you join the BBS you can go into the south africa section and search on brokers. What makes DIK or Mt A. such a great buy?? First was the price. Most weeks in a place like Hilton Head or Florida can cost $10-15,000.00+ for a prime red week. (Prime means high time, like summer in Myrtle Beach or Feb. in Colorado ski areas.) My South Africa week cost a total of $2300.00. (they can be gotten for $500-700 a week now!) Second, the low maintenance fees. Dik and other South Africa resorts have low maintenance fees due a strong US dollar. The yearly maintenance fees run $115-$160.00 with the South African Rand at 10-1 USD. Third, this resort has great exchange power. Exchange power is relative to your home resort. If your "home" resort is popular (ie, Hilton Head, Hawaii, Myrtle Beach) you can get better exchanges due to the fact that others exchangers want to trade into your area. South Africa is very popular with Europeans wanting to experience the game land or bushvel experience as they say in SA. I have heard of other SA owners getting exchanges into Hawaii, Cancun, St. Marteen and other great resort areas world wide. You can find other low cost timeshare units in places like Florida and Mexico. You have to be careful of buying in Mexico. Why you ask? Most Mexican resorts operate on a 'right to use" plan the runs for 15-25 years. After the time is up the unit goes back to the developer. Most resorts state side and in other area's have the phrase "use of property is in perpetuity". That means it yours until you sell the unit or don't pay the maintenance fees and the unit is foreclosed on. This is real property, you can will to your kids sell it or just use the week every year having some great vacations along the way. The concept of timesharing is a lot
like computer usage in the early days. Most people or company's could
not afford to buy or did not have a need for a computer on a full
time basis. So, companies would buy a "share" of the computing
time. In this way its more affordable. Timeshare is very similar.
You get to spend a week at a luxurious resort but not have to pay
for the other 51 weeks of the year you are not there. Timesharing
has come a long way in the past 10 years. You how have big name players
entering the arena like Disney, Embassy, Fairfield,
Marriott, Ramada, Hilton and more are getting into
timeshare all the time. The resort themselves are getting larger and
more upscale. Its nice to check in and have all the service of a 5
star hotel your entire stay. One of the great features of becoming
a TUG member (cost only 15.00 per year.)
is a database of resorts rankings. (click
here to see actual reviews.) Here can read comments from others
Timeshare traders whom may have stayed at a resort you are think about
trading into or maybe somewhere you would like to trade into in the
future. Another Great resource:
The options on both TUG and in TimeShare
Today magazine are by people just like you and me. You get
the good, bad and otherwise about these resorts. Want to know
the best resorts in the world? You can find out on TUG. To see a listing
of the Top Ten Resorts in the world click
here. I appreciate these fine reports and make sure I submit
mine when returning from my vacation. RCI also sends me a report
card of sorts to fill out. This is there way of making sure a "Gold
Crown*" resort is living up to "GC" standards. Hope to see you at the beach, the golf course or ski slopes some day. peace, Carl 2.5-01 *Gold Crown Resorts are equivalent to 5 star hotels (Update 7-6-01. I found a really good article on Timeshare, how it started how it works and more. Click here to see the entire page. Be sure to close the window that pops up when you are finished reading this great article.) (update 7-24-02 To find a list of timeshare resellers follow this link. Not all resellers can get South African weeks. a couple of names like TimeshareSpecials.com and TimeShareCheap.com are highly rated brokers in the TUG community. (update Nov 2002) Bought a another week of South African timeshare for a total cost of $637.00 that included the week, maintenance fees and 10 yrs of RCI membership. I have already traded it for a week at Mossy Creek at Sugar Mountain in Jan 04 in a 3 bd rm condo unit. (My SA week is only a 1 bd rm white (off season) week). Go figure... (updated 9-30-03) This year we
stayed for a older resort on the Gulf coast at Englewood. The resort
"Sea Oats Beach Club" was a great place to spend the week. We
had a two bedroom unit overlooking the gulf with heated Pool and hot tub
all out our rear view. Located below Sarasota, above Naples we had a
great location to do none thing all week. (I did get out to play golf once
or twice) This place was older but in great shape and right on the beach.
We did not have to deal with the "red tide" thing at all. All in
all it was a great "no stress" week at the beach. (updated
10-08) WOW it been a couple year since i update this page so I
will try to bring it all up to date.
2005 Mid Feb stay at Chetola Resort in BLowing Rock NC was nice.. right on a nice and frozen lake complete with swans and ducks. THe location is near Application Ski area but a good 30 or so min ride to sugar mt and almost a hr to Beech Mtn..Again large units with lots of space.. the resort offers a nice indoor pool hot tub rec area and planned activities for kids and adults alike. Blowing Rock is such a beautiful area of the mtns for sure.
2006 End of Jan at MountainSide Villa's at Massanutten VA resort for snow skiing. large 2 bedroom with space for 8 person and right on the golf course. Deer all over the place and lots of stuff to do with snow skiing, snow tubing, hot tubs, swimming pools, huge indoor water park and golf. Oct we stayed in Hilton Grand Vacation Club at Seaworld.. what a nice place indeed. just up the road from seaworld park you can see the tall ride with huge flag on top from the unit. This place was 5 star quality for sure.. You know Hilton :)
2007 Feb we stayed in Blue Ridge Village right near Sugar Mtn. Our units was a large 2 bedroom unit that would sleep 8.. nice pool/ hot tub area and just a short drive to the ski mtn.. nice but older place but worth of a return trip.
2008 In early Oct we traveled to Orlando staying at Orange Lake County Club Resort in the "East Village" Units on the Championship Golf course that is onsite. The unit a large 3 bedroom place was on second floor overlooking hole #5 of the Reserve at Orange Lake Course.. We were also beside the pool area with hot tub and we use it a bit.. Check in as sunday and Monday we headed to Seaworld for the day.. man that place has changed in the past 20 or so year since my last visit. Very nice and lots of great thing to do and see.. Next on tue we went to Bush Gardens Africa in Tampa.. The tickets include a bus ride over and back at no cost.. even better.. Bush Gardens was very good I must say.. more rides and such than SW.. Overall both are good places to go.. Wed we chilled out and I played golf with my son in orlando on the course we were staying.. Kinda forget about where we were staying and went right by the condo as they all look alike. This the second time staying at OLCC and we plan to go back.. unfortunately they have this 1-4 rule, we can only stay once every 4 years.. 2009 Sept took us up into the Poconos s of PA.. Ski Side Village is not quite at the base of CamelBack Ski Mtn but close enough to see most of the slopes. the units are older but in very good shape and recently updated with new carpet, appliances and most furnishings. This are of PA is nice with the mountains but not as nice as the Boone/ Blowing Rock/ Banner Elk area of NC.. Signs around tell of love in the Poconos and we found the place.. Ceasers Palace a couple only resort tucked back off the road but well known.. first time I had seen a 8 foot champagne glass.. 2010
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