Monday, August 23, 2010

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.

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