Timeshare Albatross Almost Gone

[wesdaniel]

Back in about 2007, I had a chance to "buy" a timeshare in Ormond Beach, FL (where I grew up and where my mom lived) for $1 plus transfer fees.

It's an every-odd-year-use timeshare and the maintenance fees were pretty cheap (~$350 per year).

I would occasionally use it, plus the developer gave us "bonus time" (suites at $25 per night when available), and I would let regularly let my family members use it for trips to Florida.

But, I really mostly stopped using it in around 2017. In 2019, I joined RCI and deposited it which proved to be good timing as, in 2020, I was able to use my deposited points to travel to Sedona for a week and to take friends to Las Vegas for a week while most of the world was shut down.

Mom passed away last year and I haven't used the timeshare or the points now since 2020. Beyond that, my husband works for Hilton, so we get Hilton employee rates around the world and that's definitely preferable in my experience to a timeshare.

So, now it's just an annual expense (nominal as it may be) that, like herpes, seems to be with you forever.

Fortunately, I found someone today who already owns a week at that resort and wants another week and will take the week and pay all transfer fees!

Anyway, I'm glad that I'll be getting rid of this thing.

But, just curious if anybody else owns timeshares? Any regrets?