State of New Jersey on the Watch for Timeshare Scammers

Timeshare scammers under New Jersey should be careful as the state is putting timeshare problems into its hands with expanded lawsuit against an individual and numerous travel companies falling under his name, for multiple counts of fraud and breach of contract.

One of the recent companies facing charges is the one owned by Daryl T. Turner named Blue Water and including other of his businesses, Dreamworks Vacation Club, Five Points Travel Company and Bentley Travel.

Evidences have been gathered to support the allegations of fraud found in the operations of Turner’s businesses including Vacation Clubs LLC doing business as La Bonne Vie Travel situated at 600 Park Avenue, Suite 200 in Manalapan.

“We’re continuing our investigation of Turner and his companies. This investigative effort has led us to La Bonne Vie Travel, which we’ve added as a defendant,” said David Szuchman, New Jersey’s Consumer Affairs Director.

Over 300 complaints against the defendants were received by The State of New Jersey’s Division of Consumer Affairs. One of the common complaints were the company’s failure to provide any services to clients after payment; misrepresentation of relationships with various hotels, airlines and car rental companies through the unauthorized use of their logos; and deceptive use of resorts, regions and packages in mailings and sales presentations, which in reality were not available.

The plaintiffs also listed the supposed free gifts in mailings covering free dinners, roundtrip airline tickets, car rentals, gas coupons and even seven-day cruises. They said that they were told to attend a 90-minute sales presentation for vacation packages to get the free gifts. But even after attending no gifts were handed.

Many have been victimized by companies engaged in timeshare like the company and businesses of the accused Turner. To avoid wasting money on scams related to timeshare check with the Better Business Bureau. The bureau rates timeshare companies and the said accused company gained the lowest rating of F. If you already have a timeshare unit and wish to dispose of it, it is also best to check with the Better Business Bureau before getting into any transaction with a company who offers services to help you get out of your timeshare. Do your research on timeshare exit solutions that are guaranteed to be effective and absolutely scam free. Stop whining about paying up maintenance fees when you can find the right timeshare exit solution.

Get-Rid Options Boil Down To Transfer Title

Anything that has something to do with timeshares today irritates me. Why shouldn’t I? I got tired of going the same place all over again. I cannot even use my exchange program because it’s difficult to book one and there are no equivalent units that are at least close to my unit’s value. For years it’s bothering me where to go to because I no longer can sustain the fees incorporated on it.

I applied every option I knew about. I tried, timeshare listing online. Yes, anybody can see my unit but there’s not even one who bothered to inquire me about it. Maybe because the price was unreasonable and so I lowered it down even more. But then, I felt like it was unfair for me as the previous investor to just receive a meager amount from what I’ve invested so hard in the past. Still, I pushed through that low price in order to be seen. There were inquiries but it would all boil down to nothing.

I sought for the help of charities as I thought they would like my unit. But they also refused my gift to them saying that the unit would be difficult for them to pay. I gave it for free yet still they refused my gift.

I did resell it and asked for the help of some resale companies. The problem was they were charging me with so many fees. They said that the fees would go directly to my unit’s advertising costs. I didn’t hesitate to shell out some cash. But I don’t think it were only ‘some’. It was because as time goes by they were charging again some fees which I found it very unnecessary already. After shelling out those bucks, I told myself that I’ve had enough of it. Still, my unit wasn’t sold. I tried to convince the resale company to give back what they owe me but they refused to. I filed a complaint in the Attorney General’s Office and it was passed on the federal courts for a lawsuit against the resale company.

And now, the only option I left is use the transfer title system which many timeshare owners have already used and were satisfied with the results. Though I wouldn’t gain any profits from it, but I am assured not to pay timeshare related fees anymore. It’s simply amazing.

Timeshares are Not that Bad

We all have the idea that timeshares are one of the best dream vacation experiences you could ever get. Also, we have already known for a fact that it has experienced tough times due to the economic recession, as all of us have been greatly affected by it. Despite the fact that the efforts of timeshare associations of rebuilding and regaining the whole image and reputation of the timeshare industry as a whole, media in particular still pushed through in making timeshare ownership be sensationalized and stuff. These journalists assumed and stated that the industry couldn’t bring itself up again even if there was somehow a slight increase in sales.

Compared from the journalists before, this generation’s news writers understand on how the industry tried to cope up from all the difficulties it experienced and on how it gives efforts in giving vacation seekers to experience timesharing benefits still. Timeshare industry had the reputation of pressuring people to sign up timeshare contracts. Amidst this branding, the new journalists asked the industry’s side and did not rely on its history so as to give a fair story about it. Yet the same perception remains from those journalists before.

The industry is making great efforts in recuperating the losses that they have encountered fro the past two years even if it’s been shaking and still struggling from all of it. The lack of buyers and customers for the primary and secondary market is one of the problems faced by the whole industry. Sales were very low that it really dropped timeshare sales harshly compared to its glory days. Timeshare resale, the secondary market, received and was faced with many controversies since a number of resale companies and some people appeared to be scammers and the likes. With that, a lot of timeshare owners felt so desperate in seeking for timeshare relief or in getting rid of their timeshares that they tried to do transactions with outside agencies which they did not know that it just worsen their situation.

These timeshare owners were then helped by Better Business Bureau or BBC in reselling their timeshare properties. The BBC makes lists of those timeshare reselling companies with the rates that they have awarded to it which is just between A and F; A means satisfactory and F as unsatisfactory. If the company that’s been teasing you to do business with them has an F rating, it just means that their reports are unreliable and their company as rubbish since they have committed mistakes and BBC received numerous complaints about it. But if the company you choose has an A rating, they are one of the best and you might want to work with them to really help your, as a timeshare owner, be relieved from your timeshare difficulties for sure or to have the best timeshare there is with reasonable costs and the likes. For more assurance and further information about scammers and their illegal, fraudulent operations, you could also approach the local state Attorney General Offices to help and guide you more.

There are many companies out there who could really give you the best service and help you to get rid of your timeshare and get timeshare relief for life. Ask and research for backgrounds and company profiles of such companies from those offices mentioned above (and don’t rely fully on what you read on the news) to make sure that you’re working with the right company who won’t deceive you.

Weighing The Timeshare Unloading Options

You’ve come to realize that reselling is as difficult as paying for those annual maintenance fees. Your hard work in learning the basics of trying to resell it yourself are not enough. But of course, you are competing with expert timeshare resellers that get noticed that instantly because of credibility and wise resale perks. And so you now choose to hire a timeshare broker of a resale company. The problem sets in when the broker asks for additional fees that will cover the advertising costs of your unit.

Whether the additional charges are affordable or not, that kind of offer should not be tolerated as that is where the scamming activities stem from. In reselling it is advisable not to shell out some cash. You can only give the part of the broker if the unit is already sold. Once there is money involved prior to closing the deal, the receiver might just escape and won’t come back.

And then, you thought of donating it to charities. Sad to say, charities no longer accept timeshares since the vacation plan is pretty hard to move. In addition, they are afraid that they might not be able to finance it once it reaches to its highest level which is really expected.

Why not let someone rent it? Surely, there are still those who wanted to experience a timeshare unit that they can enjoy without thinking about the maintenance fees. Owners would be able to use the rental fees to cover their maintenance fees. But the timeshare developers themselves are competing with the rental rates and perks. They have greater advantage than those independent resellers, or those who hired timeshare resellers since there promotions are well seen, well heard, and well updated. Plus, with the influx of timeshare units, there’s no way you can let others see what you want them to see.

Despite all these, there is still another timeshare relief that is worth trying. It is a guaranteed timeshare relief system that will enable you to finally free yourself from all timeshare fee obligations. All you have to secure is the proof that you already have paid the unit you own in full and that maintenance fees are current. No fees are required. It gives you the confidence that there’s no possibility of being tricked unlike those deceitful and unscrupulous timeshare resale companies.

Is Your Timeshare Worth the Cost?

When purchasing a timeshare, one might consider asking herself or himself of the amount that he or she will be spending in buying the property and as he avails it. Is it really worth the cost? Is it worthy enough for you to pay high amounts for? If it isn’t, think about it. Yet, if it does bother you, the answer of this question might be a yes or a no.

Yes in the sense that, it’s all yours. You can have the vacation of a lifetime with it without renting hotel rooms or townhouses. You can make everything and anything with it. Timeshare industry has already been growing by leaps and bounds. It’s no longer a small business since big resorts and hotels are into it nowadays. There is an estimation that it’s a 5 billion a year industry and the number of Americans purchasing timeshares reached at approximately 2 million. These are some of the reasons why they might have been so overwhelmed by timeshares and are convinced to purchase their own one.

When on a vacation, it’s already a given fact that you pay rent for a hotel room or a resort room. Let us say, you can have an average hotel cost of $900 for a week of vacation. If you are planning to stick with this kind of vacation pattern, let’s say for 30 years, you will spend a total of $27,000. On the other hand, if you are going buy a timeshare for $10,000 and pay its annual maintenance fee of $ 450, you will have a total cost of $23, 500 for the same 30 years. So if you would look at it, comparing both cases, you can actually save $3,500 if you would purchase a timeshare and stick with it rather than paying rents for a hotel room. Whatever the difference in costs, it can still be inferred that you could save much more money from buying timeshares.

Aside from that, you could experience the comfort home in a timeshare property. It has a lot of things to offer you from amenities, services and etc. You could be at ease and would not worry about fixing it up and taking care of it from time to time since the timeshare company would do that for you. Plus, you can always have the assurance of having a place to go to for a vacation a year. It’s heritable and as some would say, or as timeshare companies promise, it’s like money lying safely in your banks.

It may sound so great and all but don’t you think it’s all too good to be true? I’m not really cutting your daydream there but purchasing a timeshare might turn out as a nightmare for you. Here comes the “no” part answer of your question.

It might be a fact that timeshares can give you luxury, relaxation, comfort and etc but it’s not definitely a wise investment. You can purchase it by $10,000 maybe but the annual maintenance fee of $450 isn’t really consistent. It can reach up to $ 1000 a year and if you would stick with your timeshare for 30 years, it would reach up to $30,000 plus the $10,000 you’ve spent in buying it, that’s a total of $40,000. That’s almost $20,000 more than renting hotel rooms and the likes. So don’t just jump into things when you don’t have knowledge about it. If you could keep up with these payments, then you could definitely enjoy your timeshare that much but if you are financially incapable of this increasing rates and fees, you might as well drop off your timeshare soon enough before you go bankrupt.

One company that might help you transfer your timeshare contract out from your name is Timeshare Relief. It would give you a clean and easy exit solution from it. Reselling your timeshare is not its offered service. It gives you more than that. Contact them if you’re already drowning from the financial problems your timeshare is giving you, they’ll help you out.

Timeshare Relief: My Answered Prayer

Finally Timeshare Relief became the answer to put to an end the agony of most of our timeshare customers nowadays.

The economic downturn has held the neck of most of our timeshare owners because they cannot easily turn away and escape their fate with timeshares. In as much as they wanted to leave the piece of property alone, they just couldn’t do it since companies would sue and charge them more than paying for it religiously.

Selling it is the first action to make when we wanted to get rid of something. Well, yes it is true but sad to say reselling such vacation plans is really difficult. And sometimes a timeshare owner cannot help it but turn their heads to outside agencies that can help them. They even approve of paying for the advertisement costs in the hope of getting rid of the property. But sad to say, these deceitful resale companies have just vanished bringing along the money you paid.

The timeshare transfer title strategy is what Timeshare Relief is using. The unique system allows the owner to stop paying for maintenance fees permanently. Just as long as you fit to their requirements then the process of transfer is probable. Otherwise, look for other qualifications that will let you avail of their services.

Timeshare Relief has been in the business for 5 years and has helped 45,000 plus owners to leave their 52,000 units. It is not a resale company contrary to what others believe in. They do not ask for additional fees associated with advertising costs.

The said company was made possible through the initiative of Cindy and David MacMillan. Both were former timeshare owners whose concern then was to load off their units or else it may drown them in debts. Their passion to help others and dedication to improve the whole community transcended the beauty of service. That is why it is not so shocking that they were able to receive the Best Torrance Award for two consecutive years. This award was given by the U.S. Commerce Association.

What are you waiting for? Timeshare Relief is I’m sure an answered prayer. Call their hotline at 1-800-588-1582.

Recognizing Efforts in Timeshare Relief

It’s true that good deeds are not left unnoticed. Timeshare Relief recently earned two esteemed recognitions. This is a testimony that its efforts of helping many timeshare consumers are remarkable and praiseworthy.

Timeshare Relief is among the entrepreneurial superstars who made it on The Inc. 500. This is indeed remarkable taking into account that over 80% of small businesses fail around five years of existence. Being recognized as a superstar in the US business industry among all the businesses nationwide is a demonstration that the company is staying true to its mission of helping numerous timeshare owners get rid of their timeshare.

Timeshare relief deems that its leadership position is rooted from maintaining strong customer relationship and correct execution of the transfers. Throughout its five years existence, the company and its people are grateful for the trust and personal connection from their clients. They know that respect, affability and care are needed together with guaranteed service for customers are prerequisites in creating the goodwill of a business.

The company takes pride in its employees and staff who did a great job for all the clients.

Another recognition is given to Timeshare Relief this year. It earned the second best of Torrance Award. It wins back-to-back award sponsored by the US Commerce Association. This award is annually given to local businesses in the US that improve the positive image of small business through their commitment to customer service and community support.

This second award is unexpected but definitely appreciated as there is only a very small chance for small businesses nationwide to gain the same award repeatedly. This is a proof of the company’s commitment in providing excellent service that puts the client’s interest first.

Founder and president, David MacMilllan, expressed his appreciation in being honored by USCA, owing it to a small team who is committed to help dissatisfied timeshare owners get rid of their timeshares.

Timeshare Relief, Inc. was established by former timeshare owners, David and Cindy MacMillan, after finding out that there are many people who, liked them, wanted to get rid of their timeshares. Timeshare Relief helps thousands of timeshare owners get out of their timeshare contracts.

Timeshare Owners Complain on Companies with Unsound Business Practices

The wide spread of timeshare resale business practices throughout the world have threatened the timeshare community. The victims were complaining the said companies to the Better Business Bureau and to their respective Attorney Generals.

Recently, there were a total of 17 companies subpoenaed due to deceptive business practices. Orlando, Florida timeshare owner Ken Holstein was called up and was offered to sell his timeshare. The company that gave an enticing sales pitch is a Daytona Beach, Florida-based company, Seabreeze Advertising Corp.

The salesperson gave a hefty price tag for his timeshare that increased his interest in selling it. The representative was offering $15,500 which is doubling what he paid for $7,000.

He was asked to pay an advance of $884 for the advertising services and the referrals would follow.

Yet still, even when the reductions were active, nothing happened to his timeshare.

Instead of waiting, Holstein sold his unit for $4,000. He’s entitled to get a part of $884 which he paid upfront that they have agreed upon in their terms and conditions. Yet the company refuses to pay back.
With the help of the Better Business Bureau, they were rated as F. SBA Corp., had 51 complaints filed in BBB for the past 36 months.

Holstein has regretted doing business with them.

Attorney General Bill McCollum of Florida said that SBA Corp. has 31 consumer complaints.

Florida Attorney General Office Sandi Copes said that an ongoing investigation is looking out for these unscrupulous companies.
SBA Corp was called up by NBC’s I-Team. But the company did not return any calls.

Here are a few tips on how to protect yourself from these deceitful reselling companies.

Be wary of too-good to be true offers. This is a tactic where most people are trapped first.

Salespeople say that a timeshare is always in a hot market which in reality is not. Timeshares are hard to sell. There is few or almost no market for it.

Upfront fees are a big no no. A payment must only be settled right after the unit is sold. Otherwise, they might just get it and disappear.

Contact the timeshare licensing agencies to determine whether you are dealing with a true timeshare broker. Research on the company’s history as it might have received a lot of complaints. This is one smart way of transferring your timeshare.

Timeshare’s Wilting Deals

When someone decides to give up his timeshare nowadays, there is quite a hesitation to do so. Primarily because people love the timeshare benefits and privileges. The other reason why people stop advertising their timeshares is the ongoing scams surrounding the timeshare community.

Don Bishop from Mexico wishes to sell his Mexican timeshare yet the deal is not at all good for him. Bishop, who was from Tacoma, paid a company in order to list his condo. But all he got were stinky deals asking him to pay thousands of dollars in exchange of a word of mouth assurance of selling his unit as soon as possible. The caller asked $1900 for upfront fees and he fell into their pitfall.

Experts have been warning timeshare consumers to be aware of these enticing offers as this will only create another hassle with recuperating from financial losses.

Timeshare Sales and Agreements attorney, Douglas Wheeler, said that the best way to sell timeshares is to sell and advertise it yourself. It is much safer since you don’t have to pay anything for someone to do the so-called listing. Wheeler also suggests timeshare owners not to be desperate with getting rid of their units. He also recommended donating the timeshare to a charity.

Lucky for Don because he was able to get back the money he paid. Now, he has learned his lesson and he wants to share it to others telling them not to make the same mistake again since he knew how persistent these scammers were to him.

Once when Don was driving his car, a sales person tried to force him into a negotiation after calling him five times. The caller was relentless in performing his dirty tactics with Don.

The rising of scammers is inevitable and your only resort is to be careful on these deceitful people as they would really indulge themselves into your desperation.

A company named Transfer Smart helps timeshare owners in successfully transferring timeshare units. They have been in the business for quite sometime yet they were able to help 30,000 timeshare owners around the world. To avail of their services, one must be eligible to their requirements. Once you have passed, you are guaranteed of a 100% timeshare free life.

4 Things To Keep in Mind in Selling Timeshare Properties

So you want to sell your timeshare? I tell you, it is not just something you can easily achieve. First, it is very hard to sell. Whatever product you have, you should work hard for it to be sold. Here are for things you should keep in mind to be able to be successful in your timeshare sale.

1. More and more people want to get away with their timeshare contracts. All of you are given a lot of options, but more people opt for the timeshare resale industry for the obvious reason that they want to make little profit or at least take back what they have lost. The competition is already rising. You need to do everything from advertising, marketing, and customer service for your sale to stand out.

2. Do not expect a good amount of profit when selling timeshare that has been used. If you price your timeshare the same or more than what it cost you, then it’s possible that people who opt for used timeshares would not be interested in your property. Second-hand timeshare properties lose value. However, if your property is quite irresistible, then, you may be able to sell it easily with you getting bigger profit.

3. Beware of timeshare scammers. The increase of the number of timeshare owners who sell their timeshare properties made these owners the target of scams. People who have no conscience and victimize people are lurking around, doing everything just to get money out of the people who are desperate to sell their properties. Try doing the sale yourself and if you cannot do it alone, make sure that the company or the broker you ask help from is licensed and reliable.

4. Work hard and be patient. Closing timeshare property sales does not occur overnight. There will be more effort that’s needed from you more than what you can imagine. You also need to be patient for potential timeshare buyers and give them time to think. If the sale takes a longer time, continue being patient. Think positively. Soon a person would find that your property is perfect for him or her.

How to Sell a Timeshare in Just 1 Week

There are hundreds of timeshare owners wanting to get out of their timeshare properties out there. It is a sad reality that there are more people wanting to get rid of their properties than people wanting to acquire their own properties and people enjoying their properties. The timeshare resale market has increased.

Despite the timeshare owners’ hard work in selling their own timeshare properties, only a little percentage of them succeeded in their sale. It is now very clear that selling timeshare properties is not so easy as it may seem to some people.

For other people who were able to get rid of their properties by selling them, it is still quite sad that they did not get benefits or profits from it. At some point, they were even short-changed. However, they accept it as long as they completely got rid of their timeshare property contracts.

However, a lot of people are not aware that there is actually a way for timeshare owners to get the money they deserve for their sale. There is a reliable and legal company that can help timeshare owners get what they deserve.

My Timeshare 123 LLC can help timeshare owners price their timeshares according to its location, time of the year, size, age and the overall value for it. The company can also help timeshare owners target and search for the right buyers for their properties. The company makes sure that every transaction is processed completely and smoothly.

The great thing about this company is that they don’t ask payment from you. They ask from the timeshare buyers instead. They believe it’s the buyers’ responsibility to pay for their fees because when buying timeshare properties, marketing and advertising is, if you think about it, paid for by the buyers. The sellers add the amount they have spent in marketing and advertising to their timeshare sale. It makes sense right? So, if you are a timeshare owner who is selling your timeshare, contact My Timeshare 123 LLC now!

Looking For The Best Timeshare Broker

Timeshare properties are turning down. The fees associated with it kept increasing. Timeshare owners are desperate and have no choice but to get rid of it. And for them, the only way is to sell it.

Selling other properties such as houses, cars, are way easier than selling a timeshare. You must know that the recession felt since 2008 have added to the continuous influx of timeshare resales in the market. They are sold between 30%-50% of its original price. It may even go down if you don’t know anything about it.

Good thing, we still have those timeshare brokers. But wait, they are rare to find. They are not found in the streets like other real estate brokers are. They’re found only in high vacationing places like Florida, North and South Carolina. And you won’t find any in your contry apart from the places I’ve mentioned.
You’re not just looking for that timeshare broker, you are looking for the excellent timeshare broker that can make the best deal for your timeshare. They are responsible for determining and explaining to you the timeshare scenario and the real market value of your timeshare. He doesn’t tell you that timeshares are easily sold. Yes, timeshares are one of the most stressful property to sell since there are barely no market at all. He tells you if the average time your timeshare can be sold. Determine the possible selling strategies he would employ. Ask whatever you want to ask from them. And most importantly, he doesn’t ask for upfront fees or any excessive commission.

Of course, they come from top timeshare resales company. So most likely they won’t cheat on you since they are affiliated with the values of their reputable companies. And they too wouldn’t want to mess up their credibility, right?

To do the background check of both companies and brokers, ask the Better Business Bureau (BBB). Know their track records. Take note of the timeshare deals he had over the last years and how long did it take him to sell those. After gathering all the necessary information, compare them with other available timeshare brokers out there and choose from your own shortlist.

Tips While Owning That Timeshare

The economy has started to fall, and you are still paying for the fees of that 1980s timeshare of yours. You already got tired of paying for the mortgage and maintenance fees. Your last resort is to dispatch that timeshare as soon as possible.

Usually, writers write about tips before purchasing a timeshare. There should also be tips while owning that timeshare for you not to be scammed by unscrupulous individuals or companies.
You have to know that there is an agency at your timeshare location that goes by the name Real Estate Commission and the Correspondence Branch. The former organization answers questions regarding the timeshare unit that you currently have.

The influx of timeshare resale markets has also enticed dishonest companies to collect huge sums of money from you. Scamming companies with their respective scammer representatives have spread across the world and unfortunately are surrounding near timeshare owners. They usually ask for upfront fees with the promise to sell your timeshares the quickest and easiest way possible. Consult Better Business Bureau (BBB) and ask whether the company that offers you such promises owns a permit and shows a satisfactory rating.

Scammers usually deceive timeshare owners through over the phone talks. The talks may offer you another ‘hot’ resale market for your timeshares which is absolutely not true for timeshares that have limited market. Take note that the resale market is very weak. In fact, 870,000 U.S. timeshare units out of the 1.5 million are active on the list of the secondary market. 845,000 from the 870,000 are priced between 30%- 50% of its original prices. The scammer might ask for upfront fees, so beware of it.

To add up, only 3 percent of the timeshares were sold over the last 20 years. And of course, the prices of those timeshares are much lesser than the original cost. And so, it gives us a clear view of why scam resale companies’ hot resale deal is untrue.

In the first place, you purchased your timeshare because you wanted to have a secured vacation of your own. So, why must you give it up? But if you can’t help it, call the legitimate timeshare resale companies that do not require any advance fees to resell your timeshare. There are legitimate and available sites such as Resort Rentals By Owner (RRBO.com) that eases financial burden on your part by listing your company as available for rent. By that, renters who would love to experience timeshare can easily locate yours. And by that, you are assured with the payment for the cover-up expenses of your maintenance fees.

Timeshare Selling is the Answer

The year 2008 marked a significant sales drop in timeshare sales. Millions of dollars were declared as timeshare loss by some of the top hotel chains in the world such as Marriott Intl., Wyndham Resorts Worldwide, Starwood Hotels & Resorts Worldwide, Inc., Manhattan, etc. in 2009, timeshare continues to drop at 40 per cent according to the American Resort Development Association. The untoward incidents also decrease the chances of trusting timeshares once again. The events were simultaneous with timeshare owners who have been affected by the ongoing economic depression and this urged them to sell their timeshares.

Timeshare owners have been in a hurry to dispatch their units. Primarily because they no longer can sustain the mortgage fees and maintenance fees that are paid annually. Owners would do everything just to sell their timeshare as quick as they can. And so, many scammers take this opportunity to trick owners.

Here are some guidelines as to how you can safely and successfully resell your timeshare.

Many have been tricked with a deceptive dealer who calls up timeshare consumers and pretends to be from a reliable agency. Be extra careful on this. Do not right away give your credit card number for an upfront fee. You have to check the company that that person is representing. Check the Better Business Bureau’s (B.B.B.) Reliability Report at www.bbb.org.

Make sure that the timeshare reseller’s company exists. It means that scammers can use fake addresses or PO boxes to fool timeshare owners. Determine where exactly the company is operating. In the same way, verify the reseller’s company with the state licensing board.

When you sell something you actually want to get profits, right? And how can you profit if the timeshare reseller asks you for upfront fees that reaches a thousand dollar? The charges may not be reasonable at all. It is better to look for a company that does not charge of any selling fee.

When there are too good to be true offers, it’s best to ask for the salesperson to send you the hard copies. Remember that you are not pressured or even compelled to agree right away on the contract. In this part, when a salesperson tells you that there is a huge market for timeshare, it’s a clear indication that he or she wants to screw you up.

If you want Timeshare Relief, beware of One Stop Vacation and Not Entertain its Dealers

Because of the economic recession in the United States, vacation has indeed become a luxury. People are getting more practical by saving up for important things instead. Thus, the timeshare industry is greatly affected. More and more timeshare owners are having problems with their timeshare properties and seek timeshare relief. Most of these owners opt for timeshare resale.

A timeshare resale may seem the easiest way to get rid of your timeshare properties, that is, if you know all about it. There were already a number of timeshare owners who suffer more due to their wrong decisions and the deceptive timeshare companies whom they trusted and paid thousands of dollars.

One of these deceptive companies is the One Stop Vacation. It has been tracked that it is based in Cincinnati because a lot of non-government and government agencies like the Better Business Bureau were finding ways to get them and let them suffer for their evil doings. It is just so sad that the companies are still not able to find their offices.

What One Stop Vacation does is to approach timeshare owners and give them a list of the consumers who are interested in timeshare property resale. Before processing, they ask their clients an upfront fee of almost $500. They make their clients sign a contract for the transaction and provide more papers so that their clients may be able to believe and trust them. However, after weeks and months of waiting to get out of their timeshare property contracts, be able to see the transfer papers to the resale buyers, and most especially the payment of their timeshare property resale, they do not receive the money. The One Stop Vacation representatives are now nowhere to be found.

Introducing Timeshare Exchange

Timeshare exchange program is a new way to have more flexibility during vacation for the consumers of timeshare since it allows the owners of timeshare properties to swap their own units with other timeshare owners in other parts of the globe. This new option for the timeshare owners will become an all new vacation for them since it would give a brand new experience seeing and living in a whole new timeshare property apart from their own. Plus owners can venture to a whole new culture after being stucked and bored by the same property that they visit every vacation each year.

The new program from timeshare is also considered as a timeshare relief since it a little difficult for a lot of timeshare owners to get rid of their own timeshares because they need to spend more money and deal with a lot of regulations and people. As a result, timeshare owners opt to give up their own property and accepting the fact of loosing all their money they have spent for these units.

This new alternative for owners can brought about a lot of possibilities. However, it also has the same rules and regulations that needs to be followed just like owning a timeshare property. These timeshare traders still has to pay for the same fees such as maintenance, repair, taxes and other special fees including this time, the exchange fee. Although the exchange fee is not as expensive as one is expecting it to be, still this is some form of obligation and responsibility that the willing trader should face.

Good thing with this timeshare exchange options that that there is no need for timeshare owners to sign long term contracts since the owners are still spending the same amount of money - which may only vary from the travel fees and food but with an all new timeshare property and experience. Nevertheless, owners of timeshare properties should always do some follow up of their membership if the owners don't want to lose anything from their units.

Those interested timeshare owners who are willing to have this all new experience should think twice and make a decision as early possible when they finally want to apply for the tiemshare exchange. Upon deciding, they should make some appointment with the relief company. Timeshare owner who are interested with having some timeshare relief should always keep it on their toes and make sure that they fully understand where they are getting into since this kind of industry is very tricky and intricate. Without the sense of being sure what they want, owners may experience some short change and some of them who want to get out of their timeshare contract might become impossible to do so.

If owners of timeshare properties think and find this program and service as some kind of good news, then they should research as much as they can about the types of company that will be choosing which can help them with this timeshare relief choice. Once again, they should always do some follow-up and make sure of the decisions they will be making so that they can enjoy the vacation they want, need and deserve with a peace of mind.

Timeshare : The Vermont Experience

Have your family or friends tried and been to the green mountain state of Vermont? If not, then this might be the time to try some serious vacation relaxation. The beauty of Vermont is the ideal winter getaway which can be just the experience you need to have from the busy life of the city. In addition, having a timeshare property in one of the finest resorts can help you in providing the comfort of a Vermont timeshare relief that you deserve and need. There are quite a number of exquisite and opulent resorts that can offer you timeshare accommodations.

These elegant and high toned resorts have timeshares which are located just nearby the mountain ski slopes. It also has an even more astounding winter accommodations which can live up to your stay. The relief that is given by timeshare Vermont gives the best and can offer you a holiday getaway you won’t even forget. You also have the assurance of visiting your timeshare property every year and can avail of whatever or whichever Vermont season you would wish to enjoy that time.

Properties such as that of timeshare are designed to give the perfect vacation getaway for you and your friend and relatives. Owning a shared property in Vermont is just like having your own little piece of heaven and enjoying it as much once a year for a one week getaway. This kind of service can be a great solution for your family to get a chance to see all of what Vermont has to offer for all your vacation needs.

Some lovely resorts in Vermont would include the Smugglers’ Notch Resort which is a celebrated family resort that can be found in North America. The Sugarbush Resort on the other hand is also a high and richly accommodating timeshare facility and service which is located conveniently in a 45 minute ride from the international airport in Burlington. These delicate and keen resorts can offer you a vacation relief through the Vermont timeshare that you can enjoy as long as you want to for the years to come.

There are also quite a number of natural winter services and activities that you can enjoy and avail while having a holiday in Vermont. Having your own timeshare can give you your well deserved stress-free vacation that you want. You don’t even have to go into the troubles of your hotel accommodations and the price that you have to pay for each luxury individually. With a timeshare property, your gratification is well guaranteed that comes with all the fixings needed for your holiday escape. It makes no sense if you don’t take a visit to your timeshare in Vermont and enjoy the wonderful and exquisite scenery America has to offer in full luxury coming from a timeshare resort.

Still Happy With Your Timeshare?

We have read for the most part recently of the many customer complaints against timeshare. Facts and figures are there to stress the point. We have heard of big players in the industry halting timeshare developments primarily because they saw the lack of demand of such property in the economic downturn.

For a breath of fresh air, or to see the other side of the coin, let us visit how an online survey resulted more people are satisfied and even happy with having a timeshare. The study done this year had respondents coming from US alone. What resulted was different from the current trend. It showed that not at all are wishing to get rid of their timeshare and there are even more who wanted to purchase another timeshare.

In proving its validity, Interval International was the one conducting the survey among a sample of its US members derived from the database. There were no mentioned of how many percent of the total sample is from the total population. But what it did show is that Florida, California and Hawaii are the most popular destinations members said they wanted to visit within the next two years, with New York City the most popular urban destination. The survey is said to be an indication that the timeshare industry is recovering.

Another report pointing out towards the same timeshare industry’s recovery is released by Businesswire. Based on the report, the affirmation and Outlook revision by Starwood reflect the modestly improving recovery in lodging demand trends, Fitch's slightly improved macro-economic outlook over the past few months, management's continued efforts to support its balance sheet, the repositioning of its timeshare business, and the company's demonstrated willingness and ability to access the capital markets during difficult market conditions.

The report tells of how lower prices helped in improving the sales of timeshare. Starwood remains optimistic with this report stating how it was able to reduce its debt with $1 billion in 2009.

It is always a good thing to look at the two sides before formulating a judgment. It is up to you to judge which facts to believe in. In fact, it can be said that both sides can hold some truth to it. There are indeed people who still believed in timeshare but this does not dismiss the fact that there are numerous of people who want to get out of their timeshare properties.

Timeshare Developments In Dubai

You can choose a lot timeshares from all over the world. In fact, there are some countries which are considering to also making timeshare vacations on their own. If you are interested to visit and have a vacation in the Middle Eat, then opt for the Dubai states where you can have timeshare vacation soon.

According to an article entitled No Financial Crisis for Timeshares, Dubai has become the recent spots for a lot of people who want to invest and own timeshares. In fact, according to Jeff Tisdall, the managing director of RCI North Africa, Dubai now has developed and become a tourist spot for a lot of people. And despite the economic crisis every country is experiencing, the said state has maintained its richness.

Moreover, it is undeniably true that there are many places to visit in Dubai. There are annual sporting events like Dubai Festival of Horseracing at Nad Al Sheba, Dubai Tennis Championships, and the famous international cricket fixtures as well. The city has started to become famous as a concert venue for a lot of artists worldwide. There is even an event called Dubai Desert Rock Festival in the said city. It is so amazing that indeed Dubai has lots to offer for its tourists and for other people. There is always a surprise for them.

Further, despite the negative news being heard about the city, it still continues to flourish. In fact, the New York Times chose Dubai as their choice destination for partying in the year 2008. Added to this fact, the city has maintained its popularity with its diving place, Sharm El Sheik in Egypt. This is despite also the current economic crisis we still have. This has only made the city a good spot for timeshare owners and investors.

Before, Tisdall also mentioned in the article that it is difficult to build vacation clubs that would surely make money with the Dubai market. But nowadays, it is not anymore. As one can see, there is a bright future for timeshare owners and investors in the said city.

History of Timeshare Relief

Timeshare Relief, Inc. had humble beginnings. It was started by two timeshare owners who had grown tired of the struggle to use their $17,000 timeshare. Cindy Martin and David Macmillan had purchased their timeshare to experience luxury resort vacations with their family. However, something came up when the difficulty of booking and scheduling proved overwhelming and stressful.

Since a lot of timeshare owners today are confused on the actual process of timeshare transfers, here is a quick definition for you. Timeshare transfer is literally the transfer of full timeshare ownership rights from one party to another. Owners should be aware that timeshare transfer enfolds a number of elements from timeshare brokerage to timeshare public auctions. Those timeshare owners who are having a difficult time in relieving the burden of their timeshare vacation packages may secure the services of timeshare transfer companies.

One of the most renowned companies which provide the service of the transfer industry is the Timeshare Relief Inc. As one of the pioneers of this type of business, the company has caused the term timeshare relief to generally mean as a form of service to help owners free themselves from their timeshare properties.

Timeshare Relief’s interests is to help distressed timeshare owners who have realized that only a small percentage of timeshares have ever been sold on the timeshare resale market but have a need to get rid of their unwanted timeshare burden. Being in the business for 5 years, over 20,000 timeshare owners have gained peace of mind with our services and no longer have to pay a maintenance fee or special assessment ever again.

Moreover, a reliable timeshare transfer company has a good rating in the Better Business Bureau along with documents and license guaranteed in writing. The best thing about it is that there is a transparency of the people running the company. They should exude confidence and pride about the service they provide. The kind of timeshare relief that a good timeshare transfer company gives must be rooted from a felt-need over the timeshare nightmare the owners have experienced. This will be their driving force to help them get rid of their timeshare.

Timeshare Relief just recently received an award for the second straight year as 2010 Best of Torrance Award by the U. S. Commerce Association (USCA). Timeshare Relief opened its doors in 2004 and the company has proudly established an excellent rating from the Better Business Bureau through its focused approach to assist over 38,000 now-former timeshare owners transfer 52,000+ timeshare contracts.

On May 28, Timeshare Relief, Inc. will be sponsoring an exclusive Los Angeles film premiere, "Orphans of Apollo," which will be for the special benefit of Manna Energy Foundation's "Geeks without Frontiers," at the Historic Warner Grand Theatre in California.

How to Sell Timeshare and Get Away from Paying a Lot of Money

Because of lack of information and research, a lot of timeshare owners would want to sell their timeshare property that they were only able to use for a time or two, yet, they continually pay for. The same goes with people who have time to spend a week on their timeshare property every year, but because of crisis, cannot continually pay the quite pricy taxes, maintenance, and other fees required of them.

Most of these people have been easily lured by timeshare amenities. Moreover, these people have been given false assurance that they can make the most out of their timeshare properties and there are a lot of people out there who are willing to buy the timeshare. These false promises are given by third party dealers that only want to make money for themselves and don’t care what state their client would be in.

If you are one of these people, then you should think more and research more. Gather the proper information about how to sell your timeshare. In this way, you can avoid scams, and spending money and time that is just wasteful.

There are a lot of legal ways, and illegal ways of selling timeshare, but of course, let’s go to the right way: the legal way. Before inquiring to an agency or a timeshare company that you probably found on the internet, you better research about them first. There are a lot of sites that may be tracked by Google that may help you know them more. You can also ask help from other people about the agency or other reputable timeshare companies/agencies that they may recommend.

Don’t slack off. Research more. Inquire more. Be more meticulous. If you do all these, then you will be able to sell your timeshare without wasting a lot of time, money, and effort. Good luck!

Exchanging Timeshares

Picture this. You bought a timeshare resort 3 years ago for you and your family in your favourite summer destination every year. You enjoy the place so much that you visit it every year for 3 years. However, one of your children said that she would not spend summer for 1 week in that place where your timeshare property is. You ask her why and the obvious reason for your adventurous daughter is that she is getting bored with the place and she want to spend her summer on another place she has not seen before. Unsurprisingly, the rest of your children agreed to this.

The good news is that you still have another option for your timeshare if you don’t want to spend on the same place where you bought your timeshare every year. It is by swapping timeshare with other timeshare owners. You just need to find a timeshare owner from another place you want to visit who is willing to exchange his or her timeshare with you.

There are a lot of timeshare properties that are owned by timeshare companies. These companies offer you a lot of alternatives. This applies the point system and the flex system where you get to spend your points and book for slots for a week to spend at a particular timeshare.

There are also companies that can help people trade their timeshare to other willing traders whose needs and wants are perfect for each other’s timeshare. These are called exchange companies. All you have to do is contact the exchange company and give them the details of your timeshare, plus the times you want them to trade your timeshare with them. If there is a matching trader, then the exchange company will notify you right away.

Now isn’t this amazing? Just find someone who wants to exchange timeshare with you, and you and your whole family can gear up for a new and exciting place to spend your vacation on.

Smart Ways for Timeshare Plans

Timeshare is a property, like condominium units, that hold the privileges to multiple parties to use the property. These timeshare properties are in demand in the beginning, but after some time, it became a bad investment due to unprofitability to the owner. Many people purchased timeshares but relatively sold it because it is not a good and solid real estate investment. Timeshare investment is investing on a property that would never give any value or profits to the owner in time.

The selling and acquisition of a timeshare could involve a great deal of patience as it needs an appropriate time for the property to be purchased. The rate of these properties is not that hefty compared to other real estate investment, which is why some owners are looking for different alternatives to acquire timeshares. It used to be irresistible to acquire timeshare, so everything should be well planned and make studies or research before purchasing one to eliminate mistakes. Be sure to weigh all the risks and be observant to any information that would help you make a good and final purchase.

The meticulous research and analysis on real estate market is very important when dealing with timeshares. Physical condition of the timeshare property should be properly considered so you can have a good evaluation on how much would be the market value. This could mean that you should also take into consideration the many terms and conditions for you to be able to purchase the correct timeshare based on your needs. You need to have to legalize everything by hiring a representative as for him/her to take care on the important paperwork and documentation on the property that you will be purchasing. This is in order so you will be ensured that your purchase is in good hands.

With the research that you’ve made, it is also good to talk to those people who have timeshare properties to get tips and to relate to what they had experienced. Seeking advice and a good guidance could be helpful to ensure that you are on the right track to get a constructive deal out of your property.

The Timeshare Buyer in Today’s Market

Uncertainties in our economic stability make potential Timeshare buyers think on whether to invest or not to invest on Timeshare products. Some dealers might also be thinking that would they still be able to sell their Timeshare products given the effects of the economic downturn on the buying behavior of the consumers? In the process of cogitating about these things, one finds out that after all, all the things that we hear about the coming of the dreaded “staycation” has not really become the norm. Take a little stroll in a resort one afternoon, and you will find out that it is not a ghost town because it is still filled with busy people. Although the number of people travelling nowadays have cut their typical two week vacation down to ten days, we cannot deny the fact that there are still people travelling and going on vacations.

Today, many vacationers are looking for better deals on accommodations along with paring down the length of their trips. With this, travel experts are recommending vacationers to rent a timeshare because in this way, vacationers would save money while at the same time enjoy the quality of service that Timeshare products give them.

Now, there are potential Timeshare dealers who worry that there would be no more potential Timeshare buyers because of the effects of the economic downturn on the buying capability of people. The good news is, there’s no need to worry! Timeshare resales still have a strong market. Statistics show that there are seventy-eight million American “Baby Boomers” which rank as number one leisure travelers and their children, demographically classified as “Millenials” grew up in vacationing and consider taking a vacation to be their entitlement – a privilege they expect and will strive to protect if it is challenged.

Yes. There are Timeshare buyers. Timeshare owners should not worry about their investments on Timeshare products because there is still a strong market. People still travel and give themselves a break during vacations, and as long as people go on vacations, there is still a market for Timeshare.

Tips for Selling or Renting, Providing Relief to Timeshare Owners

It’s not easy to fall as victims of the resales scam or fraud. Aside the burden these timeshare owners have been dealing with their properties, they want nothing else when they want to have timeshare relief.

To help prepare, there are eight tips from experts while selling or renting timeshare.

1) Ask the timeshare developer, resort manager or owner's association first if they have Internet sites, newsletters or bulletin boards where owners can post to advertise their properties for sale, rent or trade.

2) Make sure that you are dealing with licensed real estate agents or brokers. Check out myfloridalicense.com and click on "Verify a License'' or call 850-487-1395 for some help.

3) Research some information from the Internet if there are complaints about the companies or their employees. Go to the same website, myfloridalicense.com and call the attorney general at 866-966-7226 or go to myfloridalegal.com. You can also check with the Better Business Bureau at bbb.org.

4) Beware of resale companies that charge up front fees. Opt for a company which offers to sell for a fee only after the timeshare is sold.

5) Find out the details of the resale company. Ask if they handle the entire closing and provides escrow services. Ask for names of licensed brokers, address and phone numbers of their other offices in other states.

6) Don't agree to anything that a reseller tells you over the phone. Some resale companies might claim your property is in demand and a buyer is already waiting. The abundance of timeshares on the market makes this situation unlikely; in fact there are more sellers than buyers.

7) File a complaint if you think you have been a victim of fraud. Go to the Better Business Bureau or the attorney general’s office.

8) Visit this site (http://www.vacationbetter.org/selling-your-timeshare) This American Resort Development Association offers advice and more tips.

These are just guides to help those who want to get rid of their timeshares. It’s within your prerogative to follow them.

Knowing What to Pay for Your Timeshare Gets You Away from Relief

If you’re sitting in on a presentation and offered to buy a timeshare, but you don’t have knowledge on the in and out process of this industry, how would you know what’s the best buy? Also leaving the doubt behind and not going to be one of many needing timeshare relief?

It’s simple, with a few guidelines you will know when to get it cheap or not.
• You need to estimate how often you would be in a vacation annually.
• You can compute the expenses each night per vacation.
• You can try to foresee how many years will you be doing a trip.
• You can have an inflation rate basis of 10 percent every year so you can adjust the cost for accommodations.
• You decide when will be the best time to travel in a year and where the best location is.
• Lastly, try to check the amount computed yearly times the total years estimated. Will it exceed the cost of the timeshare you intend to buy, plus other fees and interest? If the timeshare will cost lesser in the long run, they it may be advisable to go on buying timeshare.

You can also try to remember this tips and warnings before deciding to get timeshare.
• Learn to invest in timeshares from reputable or well known firms.
• If you’re being presented the prices, try to decline the first time and you’ll see there are lower price quotations in line.
• Buying a timeshare, aside from being an investment is also adding to your expenses, so make sure you have budget enough to pay monthly fees.
• Another thing is that don’t forget you’re also obliged to pay for maintenance fees annually no matter how much it will cost.
• Make use of the additional benefits from your timeshare, this also makes timeshare cheaper than other vacation trips.

This is just a practical way of helping you decide easily. And not letting you become one of those who want to get rid of their timeshares.

Timeshare Owners Receive Warning from Florida’s Attorney General

Timeshare owners, especially the ones seeking for timeshare relief often end up being victimized by scammers and fraudsters. Florida is one of the places where you can often here of timeshare owners trying to claim back money from illegal companies over their promises they failed to discover.

Because of this fact, the Attorney General of Florida, Bill McCollum gave out tips for every sector commonly perpetuated by scams and frauds during a statement he released for the National Consumer Protection Week in Florida. He first addressed timeshare owners as well as prospective ones with tips they should at least live by to avoid transacting with scammers and fraudsters.

Attorney General McCollum said, “Well-informed consumers can better protect themselves, their families, and their wallets.” If timeshare owners keep these tips in mind and continue to seek for more information regarding the industry, they gain that better chance of dealing with reliable and existing companies.

Timeshare owners were reminded that scams in this industry starts even with the sales of new timeshares. It does not solely happen with timeshares for resale or for rent. So, prospective timeshare buyers should also make it a point to be careful in their transactions.

Timeshare owners seeking for ways to get rid of their packages should be careful in their transactions. Timeshare frauds and scams are aplenty and being victimized by these illegal companies can be so daunting with all the wasted effort and money. So stay informed and vigilant with all your transactions involving timeshares.

Survey Results That Shows The Relief Owners Would Want From Their Timeshares

RedWeek.com conducted a survey to 650 timeshare owners with regards to the relief that they actually would want to experience from their timeshares. Timeshare relief seekers surely have much to say about these improvements to be able to stop them from getting out of their timeshare contracts. But as long as these matters are left unattended by timeshare companies, these owners may continue to get out of their timeshare contracts and find other more convenient vacation option.

The survey revealed the following desires of timeshare owners:

*Exchange availability - 34%
*High maintenance fees - 28%
*Honesty and less pressure - 14%
*Resale opportunities - 12%
*Resort improvements - 7%

The highest demand of timeshare owners is for a better exchange availability. This is related to the timeshare exchange option wherein timeshare owners can try to avail of other timeshare locations as long as their timeshares allow them to exchange with the ones that they are interested in, for a fee of course. Timeshare owners usually end up bored going to the same timeshare location every year. So they seek for timeshare exchange. Unfortunately, it is not that easy to avail of such.

The continuous increase of timeshare charges also alarms timeshare owners who continue to pay for their timeshare packages. And so they raised it as one of the things they would want to improve from their timeshare companies. The increase, unfortunately, seems necessary because of the increase of non - payment of other timeshare owners. If the amount remains unpaid, the timeshare property may end up at loss for timeshare funds to maintain the whole timeshare property.

Keeping these timeshare owners from getting rid of their timeshares may be easy with these improvements. Hopefully, timeshare companies can accommodate them so as to make them keep their timeshare contracts.

Timeshares from the Resale Market for Your Relief

Most vacation goers may find it interesting to purchase timeshares from the resale market. These timeshares are from timeshare owners seeking for timeshare relief. They normally price their timeshares at a lower rate than timeshares from timeshare companies. However, timeshare prospective buyers must exercise vigilance in purchasing timeshares from the resale market because fraudulent companies and individuals operate in the market.

No matter how affordable these timeshare packages are you should not take haste in buying one. You have to watch out for overly promoted timeshares in the resale market for your own relief. Some timeshares are described with more features and amenities than what they actually have to ensure successful selling of these packages.

Visit the timeshare property before finally purchasing the package. This is to make sure that such problem will not hit you. If the location is too far from you, you can ask a friend or a relative to do so. Seeing the timeshare property first hand will assure you that what you will get from the purchase is exactly what you were expecting. Also look for malls, grocery outlets, and other similar establishments. Those are useful for a more entertaining vacation because you will surely need to purchase some stuff that you forgot to bring along for your vacation.

Make sure that all amenities and features that you would want in a vacation location is available in the timeshare location that you are eyeing to purchase. This is to ensure convenience on your part. If you find it inconvenient to spend your vacation there, you may end up considering to get rid of your timeshare which is fairly inconvenient to do.

Timeshare is a Relief for Luxury – Lovers in the Emirates

The timeshare industry was a strong one before the financial crisis. It was not even a problem that some timeshare owners are getting rid of their timeshare packages. However, the economic crunch caused a decrease in timeshare sales. And so some timeshare companies decided to close down.

But timeshares in the Emirates showed an entirely different picture. A revival was experienced because luxury – lovers in the country became cautious with their expenses during the crisis. Wael Hussein Amer of the timeshare company Arabian Falcon said that people were attracted with timeshares because of the cost sharing that timeshares afford them.

People in the Emirates find it convenient and cost – effective to purchase timeshare packages instead of purchasing an entire luxury item or property. They enjoy the fact that they get to share the ownership of a property while also sharing the expenses for it. They find it rational since they usually use such properties for only a week or so. They don’t need it the whole year so they can share it.

This timeshare revival is a relief for the timeshare industry. They can now offer more luxurious properties like private planes and yacht. The 4Yacht Arabia will be offering its new 3 to 4 timeshare yacht by March and the people in the Emirates are expected to avail it.

This revival of the timeshare industry in the Emirates is a relief for the whole industry. They may see some timeshare owners in these countries seek for timeshare relief in the near future but they can manage that. They are happy with this revival since other countries are struggling with their timeshare businesses. They are in a better shape now, they cannot ask for more.

Financial Troubles Hit Timeshare Companies and Seeks for Relief

The financial crunch caused timeshare companies nowadays to announce write downs. This decision frees them from suffering from the ensuing financial difficulty they have with their timeshare businesses. This is akin to the decision of timeshare owners to seek for timeshare relief and get rid of their packages instead of keeping them during this financial breakdown.

The recent financial crisis revealed some timeshare companies closing down and others writing down some of their assets. Starwood Hotels and Resorts Worldwide, Inc. disclosed their $362 million write down in time with their announcement of their fourth quarter earnings last Thursday. The company is cancelling the construction of some of its timeshare resorts. The amount of a raw land was included in the write down. They will no longer use the land which they intended to use for timeshare complexes. The plan will be cancelled for the meantime.

Vasant Prabhu, Starwood’s chief Financial Officer, explained that they found it a beneficial adjunct to include timeshares in their business because of the good return of investment that timeshares was providing the company. It also offers them a good spread of their capital. However, with the financial crisis, the economy has seized to be receptive to the timesharing system. Nowadays, timeshare experiences a slowdown of its business. This made capitalization for timeshares not too viable causing Starwood to forego their timeshare business.

If the crisis will continue, timeshare owners will also keep on getting rid of their timeshares and timeshare companies will also seek for means to lessen the effect of the crisis to the point of writing down their assets.

Recession Affects Timeshare Industry Without Much Relief

The timeshare industry was badly hit be the recession. It did not only cause many timeshare owners to seek for timeshare relief but generally decreased the sales of the whole industry causing some timeshare companies to close down.

The recession made it unreasonable for timeshare owners to continue on maintaining their timeshares because of the financial responsibilities associated with the package. So, a number of them opted to get out of their timeshare contracts.

Other vacation goers were also not intent in going on vacation last year and so the buyers of timeshares was really low. The fact that financial institutions released a new, more stringent financing system also caused other prospective buyers from purchasing a timeshare. The system made it difficult for owners to get a personal financing for their supposed timeshare purchase. This greatly diminished the sales of the industry.

With all these problems, some timeshare companies were forced to close down other sales office. Some staff were also removed from their work so that the companies can continue on with their operations. They decreased their operational expenses to be able to sustain the other earning offices. Without these drastic moves, more timeshare companies will surely be unable to survive the financial crunch.

The timeshare industry can brush off the timeshare owners who get rid of their timeshares because they will always exist. There are various reasons why they are doing, not the crisis alone. So timeshare companies should make amend to continue on surviving the crisis because it may not last long but it is capable of toppling the industry down.

Timeshare Relief to Owners and the Community

The negative publicity on timeshare is evident especially in the World Wide Web. A number of timeshare owners are seeking for timeshare relief because of several reasons. Other people experienced being scammed by timeshare companies. However, timeshares remains beneficial though not as beneficial as the first reason for its establishment.

The timeshare industry is not a very friendly industry to be in. a number of timeshare owners are even getting out of their contracts because of the problems these properties are causing them. Some timeshare owners don’t get to use their vacation packages but the charges continue to be delivered on their doorsteps. Maintenance fees and other special assessments are being collected regularly regardless if the units are used.

Some timeshare owners who try to get rid of their timeshares are victimized by timeshare companies engaged in fraudulent transactions. They are being enticed to pay for certain services yet the services are not delivered according to their initial agreement. The owners are left at a loss.

Because of these circumstances, timesharing gained a negative image. It is far from the initial plan of the founder which is to provide a convenient and affordable vacation package. It also provides employment to the people who are going to manage the said properties. The vacation goers and the community gains from the setup as the timeshare company gains its share.

The Wyndham Vacation Ownership is a good example. They established the second timeshare property in Washington, DC providing not only earning for the community but they also donated a big sum to The Fishing School.

Timeshare owners may continue to find ways to get rid of their timeshares and the rest of the negative publicity about timeshares but it can also continue to help vacationers as well as other needy people with their profit.