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.