Find Relief From The Timeshare Scams

With all the talk about timeshare exit solution companies looking to scam various timeshare owners, it is a good feeling to hear about Timeshare Relief. This company is different because they provide a real and helpful service to timeshare owners who are looking for ways to get out of their timeshare situation. So many owners are seeking a timeshare exit solution and it makes sense that a company like Timeshare Relief would finally be able to provide timeshare owners with assistance. This company will provide a service that they specify before you ever sign up to do business with them.

Timeshare Relief will give its clients a 100% guarantee in writing specifically stating the services that they will provide a timeshare owner that is looking for assistance. This clears up any confusion that could possibly occur when a timeshare owner agrees to sign up with a company that offers timeshare assistance. Timeshare owners decide to look for a timeshare exit solution for many different reasons and it is difficult for them to find a company that can provide quality help for them.

These different reasons can be anything from financial trouble to just realizing that you no longer visit the timeshare and don’t feel the need to own it anymore. People’s lives change constantly and owning a timeshare is something that a person decides is no longer important to them. Timeshare Relief provides people with an opportunity to get help out of their timeshare situations and receive some much desired relief. By delivering 100% guaranteed results, Timeshare Relief can prove to potential new clients and skeptics alike that they are the best at providing assistance. Timeshare owners all over the world are looking for ways to get rid of timeshare or to cancel timeshares. This is nearly impossible to do on your own and Timeshare Exit Solution is available to help these people.

Timeshare Relief takes into account each timeshare owners specific situation and goes from there. Every person has a different place that they are coming from and a different reason for wanting to sell their timeshare and it is important to Timeshare Relief to know exactly what position the person is in and the best way to provide assistance to the owner. The company is very understanding and versatile. They have helped 43,000 timeshare owners out and this has given them a large amount of knowledge in the area. Having helped so many people means that they have encountered almost every situation and are capable of helping out timeshare owners in many different ways.

Searching For Ways To Get Rid Of Timeshares?

So many people are searching for ways to get rid of timeshares and ways to sell timeshares. The market is becoming flooded with timeshare owners that are searching for ways to cancel timeshare contracts. People are in possession of timeshare property that they no longer feel fits their lifestyle or that they can no longer afford. Timeshare Exit Solution is a company that can provide assistance to timeshare owners that no longer wish to own their timeshare for whatever reason. Timeshare owners may feel that their maintenance fees or special assessment taxes are too high and need to find a way to get rid of their timeshare. Timeshare Exit Solution will help timeshare owners find a solution to their situation that best fits the owner.

There are a large number of dissatisfied timeshare owners who are looking for ways out of their timeshare contract. These people can work with Timeshare Exit Solution to find a way to solve their situation and not encounter a large amount of trouble. The company offers a 100% guarantee in writing about the services that they provide timeshare owners and the various ways that they can help. Timeshare Exit Solution is different from other timeshare companies that offer help because they provide a very specific service to owners that cannot be matched.

Owning a timeshare can seem like a very glorious thing to someone. This is a reality for some owners, but also unreal for some whose lives have changed and now no longer use their timeshare or want it. Timeshare Exit Solution is a company that provides assistance to these people who have come to the realization that owning a timeshare is no longer the right thing for them. Timeshare Exit Solution knows that timeshare owners lives can change at any time and people may need to get out of their timeshare situation if it no longer fits the individual.

Timeshare Exit Solution provides help to various timeshare owners that cannot sell or cancel timeshare contracts by themselves. Timeshare owners are desperate for help and need companies like Timeshare Exit Solution to assist them in taking care of their timeshare situations. Timeshare owners that are trying to get rid of their timeshare on their own will encounter many problems that cannot be solved individually. Working with a company like Timeshare Exit Solution that can truly provide an owner with quality assistance is very helpful for a person who needs help. The situation can get really stressful and help is very useful.

End Maintenance Fees With Timeshare Relief

When you are looking for a way out from being piled under maintenance fees, contact Timeshare Relief for guaranteed timeshare exit solutions. In the great recession, you are not alone; everyone is looking to cut costs and luxuries are logically first on the chopping block. Vacations can be expensive, and if you do not want to pay to take one, there is very little purpose in keeping a timeshare property that is charging maintenance fees on a scheduled basis.

Timeshare properties are packaged with a perpetuity clause on the contracts, which makes the contract virtually unbreakable. When the owners pass away, the property and the fees are inherited by their heirs. The only way to cancel the contract is to transfer the property to somebody else, or some other entity. There are a few ways to do that, many of them time consuming and expensive timeshare exit solutions.

Timeshares are very hard for private resellers to get rid of. The resale market is small with few buyers, and the competition is massive, and not just from other timeshare owners. People looking to buy timeshares from resale are also in the market for new timeshares from timeshare resorts. Timeshare resorts, as you already know, have professional sales staff, enormous marketing budgets, and limitless free weekends to give tours and trials of the property. Timeshare owners selling their property have none of these resources. While they are trying to sell the timeshare, they are still responsible for the maintenance fees and special assessments and other legal and financial obligations associated with the timeshare.

The reasons why people come to Timeshare Relief always boil down to the maintenance fees. Whether owners are no longer using the property, or the timeshare resort does not have the weeks or destinations available to conveniently fit their schedules, it all comes down to paying maintenance fees for something that does not work for them. People purchase timeshares because the properties did fit their lifestyles at that time, but lives change. People move, change jobs, change schedules, have children who grow up, find new interests, new investments, and many other deciding factors for people to look for timeshare exit solution.

Regardless of your new situation, your timeshare property will not adapt to it. It is up to you to adapt your life to the timeshare, and one of the better ways to adapt is to contact Timeshare Relief to get rid of it once it starts becoming a problem. There is very little reason to keep paying for something that does not fit your lifestyle.

When Maintenance Fees Become Too Much

When your timeshare maintenance bills are becoming burdensome, give Timeshare Exit Solution a call. In this period of recession, you are not alone; luxuries are being cut by people of all backgrounds. Timeshare properties are luxuries, make no mistake about it, they are very hard to make a return on if you are trying to use them as investment properties. On the list of luxuries to cut, they are nearly always at the top.

Vacations are expensive, even when you are discounting the cost of the timeshare maintenance fees. Timeshare properties usually need to be traveled to because there is little point to own and regularly pay for a vacation property that you can only use a few weeks out of the year right next to your home. Transportation cost to the destination comes from airfare, train fare, and rising gas prices. Then there is the car rental or taxi fare, if you did not drive all the way to get to your timeshare. After you have that taken care of, there are still expenses for food, activities, and other things you need to do to take full advantage of the vacation location. Most people have very little reason to go on vacation if they are just going to sit around in their timeshare property doing nothing, and it has become increasingly hard to set a budget for all these things, not to mention the time and hassle to pack, book, and schedule a vacation.

Sometimes, the timeshare weeks or destinations that owners want are not available. The weeks they wanted might have been regularly available when they first bought the timeshare property, but their lifestyles and schedules changed in the interim. Even though they cannot use the property, they still have to pay for the maintenance fees as stated in their contract.

The only way out of the contract is to transfer ownership of the property. Owners cannot cancel their contract or just stop paying their maintenance fees, which goes to collections if left unpaid long enough. Timeshare contracts usually come with a perpetuity clause, meaning the property and the fees pass on to your heirs when you pass away.

Unfortunately, there are very few viable methods in transferring ownership. Most people will want to try to sell the timeshare, in order to recoup some of its costs. The process of selling the timeshare, however, takes a long time and a lot of money. Instead of risking that for very little chance of return, let Timeshare Exit Solution solve your problem.

Disney Timeshares Offer Relief!

Disney is getting ramped up for their new seasonal events at their theme parks throughout California and in Orlando. For this years Halloween festivities Disney has been encouraging and promoting the use of Disney timeshares for the months of September through November.
Owning a timeshare can provide amazing experiences for your vacations, and now with a Disney timeshare near the parks you will be able to enjoy all of the Halloween festivities with no problems. Some of the promoted features of this years seasonal events will be a new parade featuring only Disney villains including the very scary Headless Horseman. Other activities will be the option to trick-or-treat all through the park.
Guests of the park during these October months will be encourages to show up in full costumes and can go up to any Disney character they find in the park and trick-or-treat them to get some free candy! This limited Disney event will be full of fun filled activities and shows. So make sure to take some timeshare relief with a Disney vacation this Halloween year.
And of course, if you are already a timeshare owner don't forget about the Timeshare Relief proven timeshare exit strategy. While timeshares can be the perfect vacation experience for some they also have the potential to cause a drain on certain individuals and family finances. For these owners we have the Timeshare Relief guaranteed timeshare exit solution.

Bahamian Resort Developers Offer Timeshare Relief

The senior director for the Bahamian Ministry of Tourism has said that he timeshare resort model would work beautifully for their domestic tourism. The Ministry official, Gary Young has also suggested that the timeshare and fractional ownership developments are a great opportunity for Bahamians to create property that will have a high potential for year-round occupancy and higher per-unit expenditures for the community.

While the Bahamas predict that they would greatly benefit from timeshares there is just one problem in that for the most part, timeshare and fractional developments seem largely uninterested in setting up these properties.

The Bahamas do have timeshare legislation, however, it is beginning to seem as though the Bahamian Government agencies that enforce these legislations do not completely understand the timeshare industry. And as of now there is no particular interest in developing these properties, to match that non-interest there is little to no action taken on the governments behalf to make these timeshare and fractional developments come to be.

What is so strange about the delay in developments in the Bahamas is that the region is one of the most desired locations to spend a vacation with a whopping 35% of surveyed vacationers saying they would like to visit the area within two years. This statistic makes the future of Bahamian timeshare bright, but despite this desire to visit the region the high costs of airfare to many of the locations on the Bahamas seems to be enough to cancel this advantage of being the closest island to the US out completely.

These high airfare costs could be cause for many timeshare owners with properties in the Bahamas to cancel their timeshares and look for legitimate timeshare exit solutions in the near future. When it comes time for a timeshare owner to get rid of their timeshare then Timeshare Relief has the perfect timeshare exit solutions and can have you out in no time.

Timeshare Owners’ Journey

Situations have come to worst yet it is still shocking for people to know that you still haven’t got ridden of your timeshare unit despite the ongoing crisis. As for me, I cannot blame your desire to keep it as it became you and your family’s haven whenever you wanted to gather your family together even once in awhile. In as much as you want to, circumstances don’t permit you to continue holding on to that unit. So, before you see yourself indebted with so much about it, it is necessary to let go of your timeshares.

And letting go is in fact never easy. The widespread of frauds around the timeshare industry has scared owners even more. Timeshare owners’ eagerness to get out of their responsibilities prompted them to engage with unscrupulous resale companies. Resale companies ask for additional charges which are deemed unnecessary and unethical. They can charge at least a thousand dollars or more depending on the unit. As a result, the number of timeshare victims surpassed those of the mortgages according to the reports from the Attorney General’s Office.

The problem seems to repeat all over again despite the reminders of the concern agencies. To address the ongoing problem, Attorney Generals, Better Business Bureau, and the federal courts took the initiative to gather timeshare owners and be reminded once again of the possible schemes spreading thought the community.

Some have tried to rent out their unit. Though it can somehow answer their problems, the method still wasn’t the answer since a lot of owners still suffer from the maintenance fees whenever there’s no renter.

Charities don’t accept such sweet offers anymore. They know for a fact that keeping such an expensive vacation plan will not in anyhow help their institution. It will only give more financial responsibilities and thus may be a cause of more problems in the future.

Owners are still in the process of finding out which timeshare exit solution can be fully of help to them. They still have a long journey to walk through to completely get rid of those timeshares forever.

What You Ought To Know About Timeshare Reselling

Timeshare owners already felt the need to escape from the hardships that their timeshare units have brought them. Their problem is how they free themselves from it permanently. In as much as they wanted to immediately turn away from it, they just couldn’t knowing that the steps are easy to follow yet hard to do.

First choice owners may think about is to resell the unit. But with reselling comes the long wait and the risks of being scammed. As we all know, the recession brought a tremendous influx of resale units. It would be a miracle for your unit to get noticed since there are many options to choose from. And each unit varies in terms of facilities, amenities as well as perks. The cheaper you are, the more you are seen though it is not always the case. Sometimes, the cheaper you are, the more doubtful the potential buyers would be. Waiting will take you years and within that span of time, you are still indebted with the maintenance fees.

And since you don’t know how to market your own unit, you most likely would hire a timeshare broker. Timeshare brokers are hardly found. They are only spotted in timeshare key cities like Florida. Other than those key cities, you most likely wouldn’t be able to spot one. Don’t mistake them as real estate brokers since the former and the latter’s field are totally different.

Legitimate timeshare brokers are found in of course legitimate timeshare resale companies. But reselling is also as hard as finding that reputable resale company that will give you the best results. Many of the resale companies have been engaged with unsound business practices. They ask for upfront fees first to cover the advertising costs of the unit. Many of the timeshare owners have succumbed to this but failed in the long run and were lining at Attorney General Offices to file complaints against these unscrupulous timeshare resale companies. Owners have continued to ask for a reimbursement of the fees they have paid that amounted to thousands of dollars each.

Reselling is indeed not a sure timeshare relief.

Smart Timeshare Reminders

Gone are the days when owners enjoyed timeshare vacations’ benefits. Owning a timeshare before was a gift from the heavens since it was only with this kind of ownership that people experience a lifetime of pure enjoyment and relaxation. A timeshare unit offers a spacious suite that could accommodate family members and their friends. No need to book for another room and so everybody can have a small gathering similar to home. Each and everyone of you can use the resort’s amenities like indoor and outdoor pools, saunas, spas, tennis courts, golf courses, gym for free. You don’t have to go far away since all the things you need are just surrounding you. It is even more convenient than your personal home. All these and more are just few of the timeshare privileges you get once you are willing to pay for the costs.

Speaking of costs, those perks I’ve mentioned amount to thousands of dollars once you purchase the unit. Aside from that, there are maintenance fees that you should think about after you’ve signed the contract. The maintenance fees are intended for the upkeep and functionality of the unit. This is required by the developer and there are no exemptions to this. Since it’s recession, almost all industry prices be it services or commodities has gone up. Tendency is that owners are forced to pay for hefty maintenance fees. And when the economic crisis badly hit you, there’s no way you can pay those in thousands of dollars. So the question is, where do you go? Who do you seek for help? Will they be able to help you out of your problem?

The immediate option for desperate timeshare owners is to head towards a resale company. But they don’t have to do it anymore since the resale companies themselves go after them. Owners must not be thankful of this since many of the resale companies are now engaged into unsound business practices. That means owners are more prone to falling into their dirty tactics. What can be dirtier than being rubbed out of money?

I suggest to seek the best timeshare relief available in the market. Don’t just settle for resale companies. Find and know better options.

Timeshares: Now and Then

Timeshares are considered a must have in the 70s. Since it was spotted in an hotelier located at the French Alps, the notion of luxurious vacation hasn’t stopped. The concept, ‘why rent a room? buy the hotel’, have reached across nations, continued to discover the world’s wonderful vacation places and opened it to the public.

Many were once in loved with it. Who wouldn’t be? The suites are ideally for family and friends where they can celebrate and hold small occasions. They can sleep together in one unit since the bedrooms can fit them and so there’s no need asking for more rooms. It is equipped with the necessities you need in order to have a hassle free vacation. The convenience is similar to your home it’s just that it’s located in a first class resort. It also has a kitchen for those who don’t want to dine out because of health and financial reasons.

Owning a timeshare gives you an access to the resort’s facilities like swimming pools, spas, tennis courts, etc. Unlike the regular vacation packages, the payments for those are separate which means you need extra money to experience it.

Well indeed the benefits and perks are good but really are deceiving. These are all paid not just hundreds but thousands of dollars and yet you don’t use it as much and as often as you can. It seems practical to retain such expenses these days especially that every consumer is experiencing recession.

Consumers opt to resell their units but the problem sets in when resale companies try to dig into your pockets without you noticing it. Resale companies disguise as the real thing and contact you via phone. The negotiation is done through phone in which the content of the contract are read. The payments are done through credit card system. Some timeshare owners still do not know the danger of negotiating through phone and so they would easily be tempted to go with it.

Did you know that reselling is not the only choice? A timeshare relief through the title transfer system lets you out of your timeshares as soon as possible and so you won’t have to think about maintenance fees. The system doesn’t require upfront fees but only a certification that the unit you owned is paid in full and that maintenance fees are of current standing.

A Timeshare Exit Solution

It’s been a tough ride for timeshare owners as they have been scourged with their timeshare ownership. Even though they wanted to get out of the problems that timeshare brings, they simply cannot do it. Though reselling is an option, it doesn’t actually solve any of their problems. As a matter of fact, it attracts timeshare scammers once owners decide to give it up.

Scammers have been surrounding the timeshare community. In fact, they are in disguise just so they can use their strategies without you knowing it. Little did the owners know that even timeshare resale companies have been using these dirty tactics just so they can get some cash. Resale companies require the owners to purchase tickets or any other promotional materials in exchange of a faster reselling of timeshares. Others falsely inform the owner of a promise that there is a sure buyer waiting for their units. Most of the timeshare resale companies ask for upfront fees for the advertising costs. But even after units aren’t sold within the specified time, refunds are still not granted. It even got to the point that resale companies do not answer back the calls made by these owners and ghost resale companies merely vanished.

Attorney generals, Better Business Bureau (BBB), and the US federal courts have been alarmed of the increasing frauds. The scammers have significantly collected a lump sum of money. With this it affected the industry. Timeshare developers tried to calm down desperate owners about the situation. Though there was a noted increase of sales this year, it did not compensate the losses the industry has been gaining for the past 2 and a half year.

There is another suggested solution to keep those timeshares away from the owners. The transfer titles system shall give a timeshare relief for life. The system has been proven by those who have availed of the services. It lets you out of your timeshares completely. Plus, you won’t have to worry about maintenance fees. Just make sure that you were able to pay the property in full and that the maintenance fees are paid up to date.

The Hassles of Timeshares

The timeshare industry was once a great deal of vacation experience for families who love to go on trips. The facilities and amenities timeshare offers are exquisite. The convenience of throwing up a party with families and friends is possible unlike staying in an ordinary suite. Everything that composes a convenient home is with timeshares. It is even greater than the usual home since you get to avail of the resort’s indoor and outdoor pools, spas, state of the art gym equipments, golf course, etc.

But of course everything has a price. The first payment you provide is just the first of the many payments you shall submit as long as the unit is under your name. The first few years may be fine but what about the succeeding years. Will you be able to sustain such a price given that it’s increasing and you’re paying for something you don’t use as much as you want?

Talking about maintenance fees, these fees are intended for the upkeep of the unit. It is used to maintain the unit’s surroundings as well as pay for those utility bills such as water, electricity, and telephone. These fees increase based on the decision of the timeshare organization. The fees started to skyrocket when the recession started in 2008 and it continues annually.

For timeshare owners, their one wish would be to put to an end paying those heavy maintenance fees. But said to say, it isn’t that easy at all.

The first option of timeshare owners is to resell the unit. Naturally, when people feel the need to dispatch their units, they think it is easy to find a buyer. And we all know it is not. Resort developers tend to compete with timeshare owners. The former has the greater privilege since they can obtain travel discounts which their prospective buyers can avail. They even rent out their units cheaper than the cost of a timeshare resale which is practical in the sense that renters don’t have the obligation to pay for maintenance fees.

But there is still hope for you to be able to stop this dilemma. Timeshare Relief is the answer to that. The company has been helping timeshare owners in transferring titles out of their hands since 2004. In a short span of time, they were able to help more than 40,000 people out of the units. Call Timeshare Relief now and bring back your normal life.

More Lawsuits Filed Against Timeshare Resale Companies

Over the last two and a half years, the timeshare community has felt a traumatic experience when the money they paid for timeshare reselling companies to help in the reselling process are not refunded.

These timeshare reselling companies have been pretty harsh to timeshare owners in terms of offering options in getting rid of their timeshares. Their hard selling tactics directly influenced timeshare owners to pay upfront fees in the hope of losing their units completely. Sad to say, it the other way around and these companies refused to give back the upfront fees paid.

As a result, more and more timeshare owners file complaints in their respective Attorney General Offices. According to the Attorney General of Florida, the number of cases is getting higher and higher that it outnumbered the complaints filed in the mortgage aspect. Attorney Generals continue to note the resale companies who are deliberately continuing their unsound business practices.

Better Business Bureau (BBB) has also been doing its part as they rate the business practices of these timeshare resale companies. F rating is given to companies that make use of unethical ways and methods in forcing owners to sign up the contract. For those interested with timeshares, you may locate BBB’s website to identify which companies have malpracticed business ethics.

Even if you the company was not able to dig up some cash from you, as long as they have employed and committed to some hard selling schemes on you, you still should complain about this so others would also know and be likewise protected.

Timeshare resale companies were charged in those unlawful cases and asked to repay back the owners. Federal courts obliged them to stop further their dirty selling ventures on timeshare owners and put on hold those empty promises. There are still companies that are under the surveillance of BBB.

The reason why timeshare owners result to these offers is because they do not know who to contact and where to go just so they can unload their timeshares. Reselling the unit may be an option to totally forget about paying those dues. But there is another way in which the title of your unit is being transferred. Timeshare Relief has been doing it and more and more timeshare owners around the world are availing of this service.

Timeshare Pros and Cons

There will always be pros and cons in this world. One of which is to own a timeshare. Well, as you know, owning a timeshare is one of the best vacation gifts you can give for yourself and for your family. But due to economic downturn, it is not quite shocking to hear timeshare owners to resell their property.

With timeshares, you get your own property. Go for the deeded timeshare. It’s like owning a real property and that you can will it to your beneficiaries.

The exchange program lets you experience a grand vacation in a different timeshare location. Regardless of where you may be, you can trade the rights to use someone else’s unit. This applies when companies are affiliated with each other and that they belong to one exchange company.

You get to save in the long run. This is in the form of cost savings and vacation usage. If you are looking for profitability, then might as well drop the case.

Timeshares are vacation plans. It is very ideal for those who wanted to have a vacation year after year so you won’t have to worry about bookings. The fixed week entitles you an assurance to get a reservation of that week the following year. Aside from those, you won’t have to worry about the resort facilities since you already are familiar with the place.

Its flexibility has captured the interests of vacation lovers. When you are unavailable on your designated week, you can still find some other available weeks with the help of the timeshare exchange companies.
On the contrary, timeshares do not appreciate even if it has a deed. Timeshares are not real estate investments. It depreciates later on.

Regular fees should be observed when purchasing timeshares. This is in the form of maintenance fees. Maintenance fees are intended for your unit to work properly even if you’re not around. This includes property management, housekeeping, bills and maintenance of appliances. The payments will also be used in case there is an approved improvement of the place where it needs to be remodeled, fixed, or replaced. These fees vary depending on the size of your property, location of the unit, and the amenities constructed.

Scams have deliberately emerged these days and they keep on producing more and more victims as shown by the reports of the Better Business Bureau and Attorney General Offices. Salespersons can also be annoying.

Resales are pretty hard to do. There are not much people who are now in line with owning a timeshare. But even so, there is Transfer Smart who can handle the transfer of ownership effectively.

Be Smart. Choose Transfer Smart

A lot of timeshare owners think that by clinging to what the outside agencies promise them would keep them away from being broke. But it’s always the other way around. These companies have been known for incorporating unsound business practices that lets timeshare owners’ fall into their pits. Obviously, it is not a good idea for timeshare owners to let these companies fool them.

The 2007 economic phenomenon has affected all, even the timeshare industry, for example, has lost billions of dollars. And as commodities and services become higher, so are the timeshare annual maintenance fees. This became a burden to the families who were also affected with the recession. As a result, these timeshare owners decide to sell their units at a minimal cost—or even in a much lesser price. Usually, timeshares resales are priced between 30%-50% of its original price. And some are even lower than this range just to sell that burdensome unit. Real timeshare brokers do not ask for upfront fees. Timeshare brokers who ask clients for upfront fees are usually scammers.

The blame is not solely placed on timeshare owners for allowing themselves to become preys of deceitful scammers. Because these owners are overwhelmed by their desperate need to get rid of their timeshare so they tend to agree with small offers. And often, these small offers are not really a solution. Chances are, they spend money for naught and still end up paying for that maintenance fees.

And what these people ask for is to unload their timeshare obligations. Worry no more as Transfer Smart shall help you with the transferring your timeshares successfully. The said organization was founded by a mother with a timeshare. She has witnessed how timeshare fees became a problem for her mother and her family. Soon, she was able to help her own mother get rid of her timeshare. All you have to do is to fit with their requirements.

Avail of this privilege by calling Transfer Smart. You will then be presented with a list of requirements and qualifications for you to be successfully free from paying your timeshare fees. The best thing about this is that they don’t ask for upfront fees.

Forget about trusting other timeshare resale companies that make empty promises. Try Transfer Smart. It is the best and ultimate way to become timeshare free.

How To Sell Your Timeshare

It is sad to say but, more and more people want to get rid of their timeshare properties these days. More people want to sell their properties to gain back the money that they have wasted during their timeshare ownership. Here are tips on how to sell your timeshare property and how to protect yourself while you’re on the way of selling it.

Before selling your timeshare, you should be able to contact the company or person who sold you your timeshare property. They know the dos and don’ts that come along with your timeshare contract. You should all have the papers prepared.

When finding out about the worth of your timeshare, you can also ask some help from the timeshare developer. Other than that, you can ask help from your financial adviser, and of course, get answers from your instincts. You have spent so much for your timeshare property and you would know their worth.

Understand that you won’t get more out of your timeshare resale. Usually, timeshare for resale lose their value. The price also depends on its location, time of the year, size, age, and the amenities that go with it. Again, research on its value or ask the timeshare developer who sold it to you.

Typically, timeshare owners ask help from independent timeshare brokers or timeshare resale companies for their timeshare sale. Because of that, people selling their timeshares become the target of scammers. Before availing of a timeshare resale company or an independent broker’s services, check that he or she is a licensed broker. You also need to research about the broker, not just ask him or her of his/her qualifications. More than anything, you can contact your state Attorney General or the Better Business Bureau to check whether that person is legal or not.
Consider other ways to sell your timeshare. While asking for help from timeshare resale companies, you might as well help them spread your sale. For more savings, you can just do it yourself. You need not pay a broker or a resale company.

You can post your sale at several websites on the internet. You can bid on EBay. There are also websites that really cater to timeshare owners selling their properties and potential buyers of second-hand timeshare properties. You can post your sale at Craigslist, RedWeek, and other websites that target timeshare sellers and buyers. Utilize the worldwide web.

Once you already have a buyer, make sure that you go to your lawyer for the transaction and the closing process. If you can’t afford your lawyer’s charges, there are low cost options for you. You can opt for Timeshare Transfer. Through timeshare transfer, your timeshare contract and property will be transferred to your buyer and can complete the transaction. Just make sure all your documents are ready for the Timeshare Transfer transaction. With that, you can spend less in your closing process.

Another option is to buy a Timeshare Resale Document Kit that has forms, instructions for timeshare resale, and many more. There are several timeshare resale kits available in the market these days because of the significant number of timeshare owners wanting to get rid of their timeshare properties. You can search the internet for the best brands available for you.

Timeshares Continue to Drop

The opening of 2008 has been a real crash for businesses especially for the timeshare industries. The recession has influenced the rising of goods and commodities’ prices as well as the services rates. It tightened the belts of many timeshare owners and so they think it is just fully sane to withdraw from their precious timeshare properties.

The popularity of timeshares in the 1970s has slowly died down. According to Howard Nusbaum, American Resort Development Association President and Chief Executive Officer, that timeshare sale may drop up to 30 per cent this year. The market for timeshares within the next 18 months will greatly be a challenge according to Patrick Scholes, FBR Capital Markets & Co. Senior Equity Research Analyst.

Deutsche Bank Securities New York Analyst, Chris Woronka, said that timeshares are considered to be discretionary items in which people are afraid to pay for it. He also stressed that the main obstacle faced by the industry will be “a semi-permanent reduction in demand” since people are not eligible to have it due to low credit scores and so timeshare buyers are lesser.
So far, the highest timeshare sales drop was in 2007 with $10.6 billion. This was the first downfall of the industry since it started its concept in 1975. Last year, it dropped to 8.5 per cent equivalent to $9.7 billion losses according to an Ernst & Young LLP study prepared for ARDA. In effect, there were jobs slashed down.

Three notable timeshare major hotels have been affected with the crisis. Marriott International Inc., have cut prices, stopped further constructions, and sold their underdeveloped lands. Senior Vice President of Marriott’s Investor Relations, Laura Paugh said in a phone interview that there will be no more developments given the risks, yet still they plan to finish the inventory made.

Wyndham Worldwide Corp., considered to be the largest seller of timeshare units, plans to cut 40 per cent sales made in 2009. Starwood Hotels & Resorts Worldwide Inc., sales dropped at 48 per cent as reported last January. With it, they have shut down nine sales centers across the world and slashed down 900 employees since early 2008. Scholes said that the industry is being tied up with the availability and/ or lack of financing for the timeshare units.

These are just some of the little news. The timeshare resale market keeps increasing day in and day out. Listings are being posted on websites so many can avail of the services that these timeshares have to offer.

Transfer America’s ‘Get Rid of My Timeshare’ Seminars

Timeshare owners had never been so grateful to Transfer America for their complimentary seminars on ‘Get Rid of My Timeshare’ held in cities such as Alabama, North Carolina, Arizona, Tennessee, Georgia, Oklahoma, and Arkansas last June 11-14.

The seminar was intended for frustrated timeshare owners who wanted to cut their expenses badly through giving up their timeshares due to economic recession. The financial downfall urged these owners to surrender their properties since they no longer can sustain the fees associated with it. There is also an oversupply of timeshare resales with few potential buyers. Charities don’t easily accept timeshares for donations since it would also cause problems to them. Renting doesn’t work either since it is quite impossible too because of the lack of market. Escaping from paying the fees is never a solution as companies may sue and charge you with more additional fees and penalties as well as bring you before a court for criminal liabilities.

In the said seminar, the timeshare owners were able to know how the downfall of economy affected timeshare owners and resulted to the influx of timeshare secondary market. It also revealed the timeshare industry’s tactics and strategies to let you fall in that timeshare trap. Total calculation impact of keeping a timeshare, used or not, in one’s finances were discussed. Main-stream media, governmental agencies, and other print publication’s documented researches of timeshares were shown. And lastly, the seminar presented solutions on how to be 100% timeshare free for the rest of their lives.

These seminars were possible because of the many complaints of timeshare owners about their timeshares. Carolyn & Larry MCullen tried to sell their RV timeshare at a very low price of $295 yet still nobody wants to have it. John Payne questioned himself whether he needed a timeshare that is believed to be an investment but in the long run is considered a liability.

Timeshare owners who were invited across the U.S. that badly needed an exit solution strategy attended the complimentary seminars. A pre-registration was required before attending the event. The specified times and locations were only provided during the registration period.

In my point of view, the said seminar will also enlighten the owners, despite their desperation, not to go to an outside agency that might use their hard-earned money. Scammers have spread across the world and are surrounding these potential timeshare victims.

275 Salesmen Sue Timeshare Companies

Pennsylvania – 275 timeshare salesmen got together to sue timeshare developers they were working for before. According to them, the timeshare developers classified them as independent dealers instead of identifying them as employers to the companies. Their lawsuit was granted by a judge of Philadelphia County last week.

The salespeople want to be properly-compensated. They have sacrificed and gave all their time and effort to be able to sell timeshare properties but the timeshare developers and companies did not give them the benefits they deserved for more than 3 years of their service (June 2005 to December 2008). It is said that the timeshare companies ceased to give them benefits that are estimated to cost up to $2.1 million. The salespeople also have to be paid in compensation for being misclassified.

Among the timeshare developers that were sued are Vacation Charters Ltd. And Split Rock Resort. The two salesmen who are leading the lawsuit against the companies are Albert Whitehead and Austin Miller-Orteneau. Their cases have been filed since 2008 by 2 Elliot Greenleaf lawyers.

Despite his services, Miller-Orteneau was not paid by Vacation Charters because according to the company, he was not their official employer. Miller-Orteneau got confused with that, so he asked IRS if his status was really non-employee. IRS said that he should have been employed by the company.

After hearing about the first two complaints, several salespeople also joined their lawsuit. The other salespeople were hired as independent dealers. As a result, they got exploited. They were the ones who paid for their own federal income taxes. They also did not receive any benefits that they worthy of, like medical insurance.

After the allegations, Vacation Charters changed their terms and classified all salesmen as their official employees in early 2009.

Fraudulent Timeshare Company Faces Timeshare Charges

Another Nevada-based company was found guilty after asking the Vermont timeshare consumers to surrender their units to them.

Fifteen of the timeshare Vermont consumers were asked to exchange their units for cash. The consumers were asked to attend a meeting in March and May 2009 at Courtyard Burlington Harbor in Burlington and Capitol Plaza Hotel in Montpelier which were outside Vermont’s premises. The transfer of ownership promised the consumers a relief from paying their timeshare units’ financial obligations such as maintenance fees, taxes, and other rates. But instead of receiving cash, they were then asked to pay thousands of dollars in exchange of their timeshares.

Aside from the transfer of ownership, the owners were told to offset their payment to the company though filing a federal income tax deduction for their timeshare investment losses. It was said that the value of such were equal to or greater than the payment given to Apex. The said action was denied by the consumers since their timeshare units were bought for personal and not for investment purposes in which it exempted them for a tax deduction.
Also, Apex violated the state’s consumer law that states “the buyer must be given three days to cancel the transaction.

Aside from the 15 consumers, they also have to face the state of Vermont for having violated their laws. Attorney General William H. Sorrell said that any company that interferes with the state’s laws shall face serious consequences. With this, Apex was vowed to pay $65,000 to the state and $64,000 to the 15 consumers as penalties.

With this, consumers must be careful with their properties. Though, you wanted to get away with the financial obligations that you have, it is still advisable to look for agencies like Timeshare Relief that can solve your problems fast and safe.

Timeshare Relief is a company that helps timeshare owners legally and professionally transfers timeshare ownerships. It was founded in 2004 by Cindy MacMillan and David MacMillan, both were former owners of a timeshare unit. The said founders likewise felt the financial burdens timeshares have brought them.

Timeshare Relief was given the Torrance Award for two consecutive years because of its outstanding performance in building a positive image on small businesses through dedication in service and improvement in the over-all community. The Torrance Award is given by the U.S. Commerce Association (USCA).

Tips for Timeshare Relief in Florida

We all know that Florida is one of the most popular and in demand vacations destinations in the world. It is also the reason why several companies and resort owners built several units in there for the concept of timeshare. A lot of people can enjoy what Florida has to offer while saving up a lot of money in their vacation through the timeshare concept.

Since Florida is perfect for summer because of its several beaches perfect for relaxation and sports, more and more people buy, trade, or rent timeshare properties in there. If you are one of those people who wants to experience all the benefits and enjoyment that Florida has to offer while saving a lot of money, here are tips for you to be able to find great timeshare deals and experience relief in owning, trading, or renting a property in Florida:

1. Aside from getting only real estate properties, you can also get timeshare properties for an automobile and vacation slots in Florida. Great deal right?

2. Choose what timeshare property is your number one: the automobile, real estate, or the vacation slot

3. If you want to save up more money, then you can rent timeshare properties instead.

4. If you already have a timeshare property in a different state and you want to enjoy Florida too, you can trade your timeshare property with a person who has a property in Florida. There are several companies that can help you with timeshare exchange.

5. Be wary of companies and independent dealers who approach you and offer you great deals. If they ask for an upfront fee right away, especially more than $100, then they are illegal and timeshare scammers.

6. Do your research. If you don’t want to regret in the end, you should look for great deals and resorts in Florida that fits well with your needs and budget.

The Return of the Timeshare

Timeshare has its share of good and bad news. When it just started, you could only hear positive news about it. But when recession has started, multiple numbers of malevolent news came out. However, nowadays, it seems like the European Union has regulations that could make using timeshare during vacation a wonderful option.

Usually, there is what we call the seasonal or shared ownership or holiday membership club type of owning timeshare. This is the practice of having a specific time in using their timeshare units every year. But then, this kind of ownership still requires us to pay somehow an average amount of between £4,000 to 10,000 every year. On the other hand, despite the price, we are assured that we can experience the lifestyle of owning a timeshare for the meantime. But what happens if you cannot use the timeshare for a year?

According to an article by Liz Rowlinson, entitled Are Timeshares making a comeback? , there are many people who can buy timeshare units as their second home. But on one second thought, they would love to buy it if the timeshare arrangement is flexible for both parties, especially with regards to the timeshare exchange programs. This is due to the fact that most owners would save money for the future then would want to change their timeshare units for another when it already gets boring to visit.

Though we know that holiday exchange programs in United States are already prevalent, Dimitris Manikis of RCI’s Business Development thinks otherwise for United Kingdom. Though people from UK also like the program, they prefer to look for timeshares in their country rather than to its outside boundaries. This is what they called staycation.

Dimitris said that this trend only started last year simply because of the heavy consequences of the recession. This trend has become more prevalent due to uncertainty issues of air travel. And at the present, in UK, RCI has 105 affiliated timeshare resorts with its 105 members who can use them. It is also offering cottages for rent with ski and beach resorts as well as golfing estates and health spas.

Some of the timeshares available there are the Hever Hotel & Country Club, which can give you the time of your life playing tennis and golf in its countryside; the five- star golfing resort of Gleneagles in Perthshire, Scotland with apartments that you can pass on to your other family members; and the Forest Holidays’ Membership Club which can give you an extravagant experience of staying in a luxurious big log cabin.

On the other hand, with regards to the problems facing the reselling of timeshare which is still prevalent, there is now what we call the existing regulated channels for guidance. No worries anymore because of this EU regulation.

Vermont Timeshare Owners Find Relief

Timeshare owners in Vermont are said to be one of the happiest timeshare customers as reported this year by the company, Timeshare Relief. Consumers from this place were considered among the wisest and well-informed clients about timeshare around the world.

Vermont timeshare owners find relief after getting rid of their timeshares successfully. This means no more worrying about maintenance fees, mortgage and other expenses brought by their timeshares. This is credited to a company that has been helping people around the world to get out of their timeshares since 2004. Timeshare Relief, Inc. Company has captured the trust of many timeshare consumers in helping them get rid of their timeshares. Unlike most of the companies promising to get you out of timeshare immediately, Timeshare Relief does not charge upfront fees. Vermont consumers are among the tens of thousands that the company has helped by providing guaranteed financial relief and peace of mind out of their timeshares.

Timeshare Relief believes one of the ways to prevent timeshare clients from getting victimized by dubious resale companies or getting tangled with paying timeshare expenses is proper information. The company conducts yearly a series of seminar that aims to educate consumers around the country of the essential information regarding their timeshare and the timeshare industry itself. Vermont is fortunately one of the States visited to conduct the seminar. It is with this kind of programs that the company is extending their hands to reach out in helping timeshare consumers get relief.

What also makes Vermont timeshare consumers successful in getting rid of their timeshare is how they are committed to it. According to the company for their help to be effective entails that the other party, its client, should also do its part in the process.

With the right source of help, proper attitude and proper information, Vermont timeshare owners find relief.

An Interview with the Wyndham CEO – USA Today

A business travel correspondent from USA Today, Barbara de Lollis, has interviewed the chief executive officer of Wyndham regarding the recent downswing in the timeshare business and how it has affected the company – Wyndham.

There was one particular question which was asked that gave away a striking answer. This question was about the reason why their company has laid-off about 4,000 employees. This interesting question was then answered by the CEO in that every business across the world felt the pressure of the recent turn-up of the macroeconomic environment. No company – or their company for that matter was even resistant to it. The event where the tightness of the capital markets became seeming, it has created an environment where they have to take the sales down. When they sell timeshare, they let people lend the people some money for 50% of the time to buy it. Then the company goes to the insurance companies and banks so that Wyndham could lend money. Unfortunately, the lenders shut down. Because of what happened, their company was left with no choice since it has narrowed down the amount of capital where they had to make available to the buyers, who their company sells timeshares to.

With this, now we know that half of the timeshare owners, who buy with Wyndham, buy the properties with corresponding loans. It seems like there is a very high number and points pointing to the fact that many timeshare owners might not know what they are purchasing. The paying interest on a timeshare is the same as paying someone to make more of the consumer’s money. With the existence of maintenance fees, special assessments on top of a mortgage, people who own a timeshare are not only paying a huge amount of money but also contractually compelled to pay for a long time. It could have been hassle-free for a lot of people not to buy time share properties and just pay for their vacations individually.

This may seem to be very unfortunate, but still a lot of time share owners believe that they are making a very good deal in investing their money in time share. After all, having the right to own a property and having all the fun and leisure just within reach despite their very frantic schedule seems to be really rewarding. This means, that paying a whole lot of fees is not really a big deal anymore.

Hilton Hawaiian Village Two-Tower Expansion

Since Hilton timeshare been so experiencing such a great success at the Hilton Grand Waikikian Tower, the timeshare company has announced that it has been planning a two-tower expansion with 550 rooms at the Hilton Hawaiian Village which will be entirely dedicated to timeshare.

Last 2008, the Hilton Grand Waikikian Tower timeshare was completed and is currently providing timeshare units for the 22-acre Hilton Hawaiian Village. Ted Middleton, who is Hilton’s Senior Vice-President of development in the Americas is seeing the adding of a new timeshare at the famous resort can be is a potential and could be a good business. In an interview, he said that the expansion will give an ample amount of product to sell well tho the coming decades. It is of great importance to have a new inventory to check into its growing demand.

This new Hilton timeshare project that is self-financed will almost double the timeshare accommodation capacity at the Hilton Hawaiian Village Beach Resort. The project will be able to bring about an expected number of roughly 700 jobs to the area excluding the number of workers who will be working for the construction during the phase of the project.

Midweek.com recently reported that timeshare has become so important to Hawaii since it touches some 34,420 workers. A study conducted in 2007 divulged that the economic impact of timeshare was in a rough estimate of 4.5 billion dollars having 500 million dollars for their tax revenue.

Owners and renters of timeshare that are having a vacation in Hawaii timeshare spend an average amount of 4202 dollars every time they visit. This means that an astounding eighty-six percent of these dollars do not only end up just in the busiest Hawaii timeshare destinations such as the Waikiki timeshare or Kannapali timeshare but also being spent from the resorts in malls, grocery stores, entertainment, restaurants, and even convenience stores.

News has been saying that everything has been going so well and that future jobs for the people are coming soon is a really good thing to hear and is something to look forward to or even celebrated. But this doesn’t mean that people never want to appear that they try to minimize the situation of unemployment today because life doesn’t change overnight even if there is a strong need for it. At least, the number of people unemployed and hopefully, if any expansions are coming up – then, once again, other people will be given a chance to have jobs and earn.

What is Timeshare Vacation

Timeshare vacation. Still many people want to experience this one. It is like owning an apartment where you can be free to do anything or simply to relax. Since the season is summer, ‘tis the best season to avail of timeshare.

If you want to own your timeshare for the vacation, you must buy one. Of course, one should know that owning a timeshare is quite expensive. Remember that owning one goes with paying its maintenance fees, taxes and other fees annually. But when you own one, rest assured you will have a relaxing place to stay during vacation.

What if you do not have enough money to own one? According to a blog post of Clark Kinney entitled Planning Your Summer Timeshare Vacation, if you do not want to exert a lot of effort in spending your money in a timeshare during vacation, you can always opt to rent one. In fact, nowadays, there are websites where you can select a timeshare you want to rent, whatever location would benefit you. If you really want to see the place before even thinking of renting it, you can always opt to visit it first.

Moreover, the advantage of renting a timeshare with owning one is that you do not have to pay for the fees of the same timeshare annually. You get to choose what timeshare to rent during vacations. You are not trapped with choosing to stay in the same timeshare if you own one. You would not have any problems of ditching it if you do not like or appreciate it anymore.

On the other hand, with owning a timeshare, you have to think a lot of times. Most importantly, like what was mentioned above, you have to think if you can sustain the payment of annual fees when owning one.

Whichever way, you may enjoy your timeshare vacation. Just be wise in choosing how you would like to have your timeshare vacation.

About Buying Timeshare Villas

Of all the vacation properties offered through timeshare, villas are quite in demand these days. Villas are upper class country houses that were influenced by the Roman Empire. A lot of people love to live in villas during the 1-week vacation they have because villas give them a different experience that they can never get when they are just in the comfort of their own homes. If you are one of those people who want to experience living in a villa, then here is important information you should know when choosing the timeshare villas.

There are different kinds of timeshare villas. Some of them may be of your taste, while some of them would not. The types of villas will depend on the timeshare companies you choose. Many of these companies can help you exchange your timeshare for other timeshare villas via point systems or on a week for a week basis.

Aside from getting help from timeshare companies, you can also try searching for independent timeshare owners who sell or who want to trade their timeshare. Timeshare sale on the internet can give you some discount or some haggling opportunities. Just make sure to choose the right sellers and the more credible ones.

Think twice. Be open to more options. Make sure you really need a timeshare villa and you can afford all its payment demands. Good luck and enjoy!

The Good Things About Timeshare Rentals

Everyone wants to spend a nice getaway on a foreign place and experience the adventures and excitement. However, because of the high cost on travelling and accommodations, not all people can have that kind of vacation. Timeshare rentals are good options to achieve such deserving break. People can enjoy the luxury of an amazing accommodation while only paying a minimal cost. Timeshare is basically sharing the total price with other parties over a period of time. This is one practical option to dive in into your dream escapade, without thinking much on the expense.

As the name suggests, timeshare is sharing of a property over a specific interval of time. Cost sharing is not really new to us. A lot of people have already been enjoying this kind of accommodations. From time to time, the property is used from individual to another individual, thus cost of the property’s maintenance minimizes. A person may own the property for a couple of weeks or for years. This is like your home away from home but with exciting perks.

However, no matter how appealing this can be, as an investor, you have to take heed for some problems that might arise upon purchasing such timeshare investments. With all those wonderful benefits for these rentals, you have to take consideration the security of such asset. Since some of these timeshares are located miles away, it would be hard to assess the physical area of the units you want to assume. Payment is also another factor you need to consider. Just to resolve all these doubts, it is better to visit online timeshare caretakers over the net. There are a lot of credible sites on the net that caters such concerns. A lot of these websites offer timeshare assistance and referencing homeowners, potential buyers and sellers. These sites are private and secure. However, to ensure your defence, certify first if the services offered are genuine and dependable. You can do this by reading reviews of the site and some have testimonials.

Luxury St. Lucia resort Cap Maison Now Open to Timeshare Owners

Luxury-loving timeshare owners, rejoice: Cap Maison, the award-winning luxury resort on the Caribbean island of St. Lucia, has partnered with timeshare exchange giant Interval International.

Interval is a recognized worldwide provider of vacation exchange ownership membership programs and services. Based in Florida, the timeshare company operates in 16 countries and has an exchange network of 2,500 resorts in over 75 nations.

Cap Maison was awarded the Condé Nast Johansens 2010 Most Excellent Hotel Award, and also made the Condé Nast Traveler Hot List last year.

The heavenly timeshare haven is located on a former sugar plantation in Cap Estate. It has its own yacht for private tours around the island.

“We are thrilled to add this tranquil hideaway to our resort network, so that our members will have the opportunity to enjoy an unforgettable Caribbean holiday,” said David Gilbert, Interval’s executive vice president of resort sales and marketing.

Influenced by Spanish Caribbean architecture, the resort has colonial-style courtyards, fountains, terracotta roof tiles, and spacious balconies and terraces.

Timeshare owners can stroll along the five acres of lush landscaped gardens that encircle the bedroom units bedecked with designer furniture and plush fabrics. The units offer breathtaking views of nearby Pigeon Island and Martinique.

Adam Gobat, CEO of Cap Maison Limited said, “It was our hope to create an exceptional resort that would be sought-after by the most discriminating travelers and enjoyed by others, as it has been by us. Now, our owners will have the best of both worlds – they can come home to Cap Maison or travel the globe when they trade their time for a vacation at one of Interval’s high-quality properties.”

Timeshare owners can savor the selections at the gourmet restaurant, wine cellar, and three bars, invigorate themselves at the cliff-top infinity pool, fitness center, and at the beauty spa, or simply enjoy good reads at the library.

There are also numerous water sports, including kite surfing, snorkelling, windsurfing, sailing, and kayaking. Others can opt for trail running, hiking, or taking a tour of the island on the resort’s yacht. The timeshare resort is just a few minutes away from St. Lucia Golf and Country Club, and Rodney Bay, the island’s nightlife center.

The Miami Herald Warns Against Timeshare Resale Scams

The state of Florida, filled to the brim with resorts, is home to one-third of all the timeshares in the United States. With the current state of the economy, thousands of troubled shared vacation property owners are anxious to resell their properties, which is why more and more timeshare resale companies are now entering the field.

The Miami Herald is advising property sellers to be wary of companies that claim to already have timeshare buyers waiting for the property.

These bogus resale companies usually contact timeshare owners and inform them that they have a buyer lined up. However, the owner will only have access to the buyer upon payment of a processing fee.

The article quotes the creator and operator of a legitimate timeshare listing website, who says counterfeit companies convince desperate sellers to give out their credit card number or send a check, to pay for the processing fee.

Companies usually promise that in case the property cannot be sold within a few months, they will refund the fee. But once the said fee is paid, the resale company vanishes, and the owner realizes there was never any real prospective buyer. The owner is then still left with the vacation property and has also been duped out of hundreds or thousands of dollars.

Worse, the article says, there are also companies offering to help sellers who have been previously scammed, only to scam the seller a second time. When a bogus resale company closes, it usually resurfaces under a different name, but with the same customer list.

The Florida Attorney General, the newspaper says, has investigated the practices of about 17 resale companies, and has sued three and reached settlements with seven more. The settlements have reportedly reached $1.6 million in customer refunds.

The Herald also said the attorneys general in Arkansas, Massachusetts, North Carolina, and Oklahoma have issued their own warnings regarding timeshare resales.

To ensure you don’t fall for these scams, never pay a substantial processing fee in advance when dealing with a timeshare resale company. Pay only after the resale has been completed.

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.

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.

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.