Tuesday, March 23, 2010

Tips for Relief from Timeshare Resale Company Scams

Where resale scams do came from? As a matter of fact, there are a lot of resale scams circulating today. Usual victims would be those in a hurry to be free from the burden they get from their timeshare. Like those timeshare owners who would like to have timeshare relief, not realizing they fall as victims of timeshare scams.

Follow the simple eight tips to make yourself be aware:

1. The infamous buyer waiting – don’t believe when a sales representative tells you that a buyer or renter is waiting unless you have the only timeshare for sale.

2. The crystal ball – don’t believe that your property can be sold at a specific or estimated time since they don’t have crystal balls that will predict when a piece of vacation property will sell.

3. Sales representatives don’t sell timeshares – they are not brokers or agents, all they do is simply include your properties in listings. They either wait for another seller or some buyer/renter.

4. Inventory manager close – this is where you are being handed to an inventory manager and quotes how much they need to have your property included in the listings.

5. Over valued scam – don’t believe if you’re told that your timeshare is worth thousands more, because chances are they are already worthless.

6. Unregulated fee scam – make sure you will not be paying more for your advertisement, if possible ask for a discount and not let the sales representative know you’re capable of paying much

7. The open house scam – this is one of the sales tactics that sales reps would use, saying there would be an open house during the weekend which is an ideal time for you to place your ad.

8. The deferred payment – this is where you’d be offered to pay your fees in installment if you sign up with them today. This is just a usual tactic to hurry you into the sale.

Don’t let anybody fool you, be vigilant enough to protect your interest. Even if you already want to get rid of your timeshare, make sure that you’ll be doing it right.

Tuesday, March 16, 2010

Taking Part in Choosing your Timeshare for Your Own Relief

Timeshare buyers today are much more acquainted with the important factors to consider before buying a timeshare. They are giving much attention on their decision because nobody wants to end up seeking timeshare relief. The next few details can be added to their checklist on what to do before buying a timeshare package.

1) After getting in close contact with the broker, check thoroughly the necessary information regarding the company that is offering the timeshare. You need to know the reputation of the firm since you will be making a big purchase from them. Who wouldn’t want to be in good hands, right?

2) Try to request information about the point system if they have any since some reputable firms sell timeshares at higher value if they have point system. This is needed so you will know if it’s much of an advantage to buy or it’s better for you to go for resale instead.

3) Its a must to see the actual unit; if you can’t do it personally ask a member of the family or a friend. Especially someone who lives nearby. In many cases, the descriptions given like the location and sizes are misleading, so better to check it out for yourself.

4) Then try to get references the moment your at the site by asking the neighbors what they can say about the management and amenities. Sometimes, it’s more convincing if you can hear details based on experience.

5) Lastly, make it your homework to figure out the prices in the area. Remember that resale units should cost cheaper for as low as half the developers price with no past dues on maintenance fees or property taxes. For new timeshares, take time to read everything in print before signing the contract.

With all these things taken-cared of, you will be doing a smart decision in buying a timeshare. A plus factor would be to minimize if not control the increasing number of timeshare owners who want to get rid of their timeshares.

Tuesday, March 9, 2010

Know Your Timeshare’s Worth for Your Own Relief

Timeshares are sometimes mistaken as investments. Most timeshare owners seeking for timeshare relief once thought of the vacation package that way but then later on realized that such is not true. Timeshare is not an investment because its worth continues to decrease in time.

Timeshares are bought at a high cost. The acquisition rate is high especially if it is a new package from a timeshare company. The cost of marketing of the property makes it more expensive than its supposed amount. But aside from that fact, the amount of a timeshare does not increase much after purchase.

A timeshare continues to decrease in worth the moment it is bought. It loses 40 percent to 75 percent of its market value the moment a contract is signed for its ownership. This is mainly because the salesperson and the company automatically receive their expected commissions.

The value of the property is all the more lost with time because improvements and renovations become minimal as years go by. Timeshare companies transfer the responsibility of up-keeping the units to the timeshare owners once they are sold. These units are already considered responsibility of the timeshare owners with the contracts they signed into and so they are bind to take care of the units. With such case, the property does not increase in value.

Timeshares seem a good buy especially for vacationers who regularly go on vacation. But timeshares do not increase in value and they never will. So it might be better if you get rid of your timeshare if you find it expensive to keep.

Tuesday, March 2, 2010

A Gym that Provides Timeshare Relief to Health Buffs

Timesharing has gone a long way since its inception in the French Alps. Several service providers have adopted the timesharing system to be able to entice more people to avail of their services. And this is despite the fact that other timeshare owners are seeking for timeshare relief after a while of maintaining their timeshares.

After the establishment of a timeshare healthcare center, another service provider offers its facility in a timesharing system. This time, it is a gym. A Diss – based gym offers its equipment in a timeshare manner. Heywood Sports and Racquet Club found it a good thing to offer its services through timesharing.

Chris Burnard, one of the club partners said they studied the system well and found that offering their gym through timesharing will be the first of its kind for the gym industry. He added that, "We have a 650 sq.ft. space with everything you would expect in a fitness gym in a comfortable and attractive environment. Clients can rent it for themselves or they might like to get together a group of two to four people. He pointed out that, “It costs £60 per month and that gets you one set hour per week, which if you share with friends is a very good rate."

Having a gym that offers some of the features of a timeshare is surely beneficial. It can spell convenience and savings especially for big groups. However, getting rid of a timeshare gym package is still yet to be established. If it won’t be necessary, it sure will be a relief to health buffs.