Showing posts with label timeshare resale. Show all posts
Showing posts with label timeshare resale. Show all posts

Wednesday, September 15, 2010

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.

Wednesday, September 8, 2010

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.

Wednesday, September 1, 2010

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.

Wednesday, August 25, 2010

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.

Wednesday, August 18, 2010

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.

Wednesday, August 11, 2010

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.

Wednesday, August 4, 2010

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.

Wednesday, July 28, 2010

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.

Wednesday, July 21, 2010

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.

Wednesday, July 14, 2010

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.

Wednesday, July 7, 2010

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!

Wednesday, June 30, 2010

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.

Wednesday, June 23, 2010

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.

Thursday, June 17, 2010

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.

Wednesday, June 9, 2010

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.

Thursday, February 25, 2010

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.

Wednesday, February 17, 2010

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.

Thursday, February 11, 2010

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.

Thursday, February 4, 2010

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.

Wednesday, January 6, 2010

Effective Tips to Obtain Relief from a Timeshare

Another year means another chance for timeshare owners who are seeking ways to find timeshare relief that still remains difficult to obtain. Timeshare owners have tried different ways of being free from their timeshare contracts over the past years, yet are still bound to it up to this moment. If you have your own timeshare and want to get rid of it, scrutinize some of the possible means that might give you relief. This way, you will be able to realize which among these ideas have you not used so far.

1. Sell timeshare - A very common approach, yet the hardest to do. This means you don’t only compete with other vacation options, but also with other timeshare owners as well as timeshare companies themselves. Though reselling vacation packages is so stiff, you can always give it a try.

2. Rent your timeshare - With this approach, there is a possibility that you can still use of your timeshare and possibly earn from it without totally losing ownership of the property. However, it also involves much competition.

3. Donate timeshare - This may seem so optional though. Even if they think you are helping them, some charitable organizations may or may not receive your property.

4. Give timeshare out as a gift – This may definitely work if you have friends or relatives who are willing and capable of maintaining a timeshare. They will love to receive it as a gift but you should inform them of the possible consequences.

5. Hire a timeshare title transfer company – Mainly, services that they offer is transferring contract name to their closing company. Hiring such companies mean you can be immediately free from your timeshare contract.

To get rid of your timeshare responsibilities, take the risk and get the chance to try any of these means, one step at a time. You can choose the one that best suits your current situation.

Timeshare Question Resolved