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Marriott Vacation Club / timeshare

1 United States

Marriott Vacation Club is BY FAR the worst investment I have ever made. I 'own' a unit at Marriott Desert Springs in Palm Desert, CA. I paid-off the mortgage, so have no monthly principal / interest. Even without a loan payment it is a horrible investment. Between the 'maintenance fees' and property tax, I pay in excess of $1, 900 per year for one week at this resort in a suite (two bdrms, living room, kitchen). You also have to 'wait in line' to schedule the unit for a desirable season (despite the fact I paid extra for a 'Platinum' membership). The unit is close to worthless if you try and sell it. MVC makes sure of that by not allowing you to pass on any benefits of value. If you manage to get 25% of what you paid your are fortunate. I cannot imagine any scenario where you can benefit from this, if you are paying financing plus the ~$1, 900 year 'maintenance and taxes'. Stay away

Ta
Nov 6, 2017

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