Usless scheme

Do not buy timeshare or so called fractional ownership from these con artists. I bought a fractional ownership 5 years ago and regret the decision on an annual basis. It was sold to me as this pipe dream of going on holiday to nice places AND having the option of being able to put your unit in a rental pool and earn rental income if you didn't want to use the week. For the first few years we used the points to go to their resorts, some of them are ok but really not worthwhile unless you bank the points into the registry collection. It is very frustrating trying to get anything worthwhile because apparently those reports are never available. This year we decided that we would put the unit in the rental pool for end of September (our allocated week) to earn some money. Upon following up, the Touch Down agent firstly cannot tell me if it was rented out. IF it wasn't, it sounds like we not only don't get rental income but lose the points as well. Secondly, even if we get rental income, it cannot be withdrawn, it stays in your levy account to pay levies for the next year even if your levies are paid up. Levies go up every year by 10-15%, which means its 12k currently for a weeks accommodation which I can most of the time get for cheaper booking it myself. Even worse, before they tell me whether I have made any sort of "return" into my levy account, I must pay the levies for next year upfront! I have asked numerous times for them to buy this fractional ownership back and they say they cannot assist and I must market it privately. Problem is, nobody wants to buy this product! The call centre agents are less than useless and do not care to make it even worse. Stay away!