Timeshare Watch

Timeshare is no stranger to scams. Despite the numerous numbers of cases filed against timeshare companies and agents and in spite of the popularity of timeshare frauds, many still fall to these agents and companies. The primary reason often pointed out is the fact that most timeshare owners want to get rid of their unit immediately that they bite right away to whatever offering available. Of course, the fault lies in both sides. Yes, the blame is on these scammers but as a consumer, timeshare owners should also be able to protect themselves .

There are a lot companies and agents who offer timeshare exit solution but timeshare owners should be able to determine the real from the not. Many owners are carrying the burden of skyrocketing maintenance fees so they would do anything to get out of their timeshare. At these days, this task is seemingly insurmountable. If you want to sell your timeshare, you have yourself a lot of competition over a very small market. So you need an extra hand for your timeshare exit solution. But another problem arises, you are now aware of the prevalence of timeshare resale scam, that you became rather doubtful of resorting to asking help. The good news is there are still people who genuinely want to help you get rid of your timeshare. But how can you determine the real from the not? Here are simple guidelines to follow:

1. Do not say yes immediately. Before choosing the one to offer you timeshare exit solution, choose among at least three companies to help you out.

2. Check on the credibility of a person or a company you will deal with. As a start, be sure you know where the specific location of their office is. Make sure that they are licensed to run their business. See the Better Business Bureau (BBB), check if the company is accredited and have no past cases of frauds. It is always best if you seek help from a BBB Accredited Business.

3. Never make any deal on a phone or by simply verbal communication. Have all the terms and conditions written on a contract. Make sure you read the contract thoroughly before signing it.

4. Beware of sweet offerings. Many scammers will lure you to make business with them because they offer the fastest and most convenient timeshare exit solution. But when you encounter such, better back away for this is a typical strategy of a timeshare resale company that engaged in fraud.

These are only a few friendly reminders for timeshare owners. You have the power to have a timeshare exit solution that is effective, all you have to is do your research.

Timeshare Exit Solutions

Listing timeshares online is one idea to get rid of timeshares. But it isn’t a bright idea either. Letting someone rent your timeshare is another way. But still you get stuck up with maintenance fees once your unit is vacant. Reselling perhaps is the most popular yet news has spread about the ongoing resale scams and so most likely people don’t buy it.

What do you think is the problem of many timeshare owners who only wanted to be out of timeshare fee obligations for life?

Their first problem is about themselves who bought that unit right from the start. Why invest into a vacation plan that asks for thousands of dollars. Even so it somehow saves a family’s vacation overnight stays, still, timeshare ownership, should be the least choice for vacation. But since you already bought that unit, then, we’ll discuss about how to get away from it later.

Second, because they wanted to hide themselves from fees immediately, they think reselling could be the right one for them. What timeshares owner resort to are outside agencies that only ask for additional initial charges. Resale companies promise to reimburse these fees once the unit is sold. But in the end, they dishonor their promises and leave owners empty-handed. Despite the negative news about unscrupulous resale companies, owners still cling on to them.

The secondary market also didn’t go well in these changing times. A lot of resale units aren’t seen because of the increasing number of timeshare resales. And so, there are lesser chances for you to be bought. Most of the time, owners compromise too much their unit’s price just so they can do away with it for life.

Renting doesn’t even seem to be a brilliant idea since developers compete with them. Developers as we all know have more edge than them in terms of span and scope of advertising. In addition to that, they all have to means to reach the farthest potential buyer.

When all hopes are gone, there is only but one timeshare exit solution to this. Don’t dwell anymore on secondary procedures. Go for the sure way and that is the timeshare transfer title. Learn about this and you’ll be timeshare free.

Title Transfer Companies offer Timeshare Relief

Timeshare relief has been offered by a lot of timeshare-related companies nowadays. The most effective and legitimate companies which offer this kind of service are timeshare title transfer companies. For a certain fee, these companies provide timeshare owners freedom from their timeshare properties or units. Since the number of timeshare owners who are getting tired and are fed up with their timeshare vacation packages are rapidly increasing, the presence of these companies emerged in order to offer and give these people help. Timeshare title transfer companies dedicate their services to those timeshare owners who would really want to get rid of their unwanted and unbeneficial timeshares. They can do this job perfectly because these companies are legitimate business organizations and could legally transfer your timeshare contract away from you to a different party who wants it.

The conveyance of the timeshare possession from the timeshare owner to a private corporation or to another person who wants to have a timeshare is the business models of title transfer companies’ basic concept. Same as any individual person, lawful corporate organizations can also have the right to own a property, like a timeshare for example. This is because corporate entities are granted and given juridical personalities by corporate statuses in many territories. This kind of ownership is being shared at by the board of directors, officers, important staff, and stakeholders/shareholders of that certain corporation or organization.

Timeshare title transfer is done by the title transfer companies wherein they make sure that they could and would transfer your timeshare possession from you to a private corporation as created for that purpose specially. With that fact given, all the responsibilities specifically the financial ones of the timeshare owned by a person with also be transferred from the owner of the timeshare to that corporate organization. If this process is successfully achieved by the title transfer company, the timeshare owner is then guaranteed with total freedom from those financial burdens and liabilities that his or her timeshare property caused him or her.

It is also important that timeshare owners should still be on guard before they proceed into engaging with such transactions with title transfer companies. The reason for this caution is to make timeshare owners aware of some companies who offer these services but just appear as scams and fraudulent ones who deceive timeshare owners in availing for their services and make money out of it. To avoid transacting and doing business with a less than legitimate company, you should apply discretion and even proper zeal before committing with a transfer company. Finally, just make sure that you deal with a lawful title transfer company who could guarantee you timeshare relief forever.

The Timeshare Industry in a Global Scope

The Timeshare industry holds a strong market potential worldwide. This obvious manifestation supports the fact that the US Timeshare industry is still on a growth curve in spite of the fact that the US economy is experiencing a decline in the housing market or real estate and fuel prices increase. This served as an indication that the timeshare industry did not fall to the economic woes and is still doing well amidst the economic downfalls nowadays. Since change is inevitable, the trend for vacation do vary from time to time especially today that possible consumers are opting for alternative vacations that would only demand them less spending for travelling. This just means that they aim and would want to pursue vacations that would only require lesser or shorter time and expenses to travel and closer-to-home stays.

The effect of the financial crisis to the vacation ownership industry varies among the different continents around the globe. Europe is still facing a downside in their timeshare industry but they do desperately try amending some rules and regulations to intensify and help increase this industry in their area. It is therefore assumed by them that the resume of the growth of this industry would be the same as to what happened in the 1970s and 1980s.

There’s also a great potential that might emerge today on the vacation ownership markets in Asian countries. Examples of these countries would be India, Singapore, China, Malaysia and Indonesia. This has been said so because holiday destinations there are of higher demand due to the growing affluence of Asians and because of their region’s established low-cost airlines.

This is a report that shows the study on the dynamics of the timeshare industry internationally. It further reveals their analyzation on the expected regions that would experience a higher growth in the industry and the European region also that is struggling with some regulations that they need to establish and the likes to help further the vacation ownership there. It also gave a brief knowledge about the US timeshare industry’s high growth amidst an economic slowdown.

There are four major vacation ownership industries that are of competitive intensity- Wyndham Vacation Ownership (Wyndham Worldwide), Marriott Vacation Club Ownership (Marriott International), Hilton Grand Vacations Company (Hilton Hotels) and Starwood Vacation Ownership (Starwood Hotels & Resorts). Also a good add in this article would be those timeshare transfer companies that would help timeshare owners be freed if in case they want to get rid of their properties, Timeshare Relief, Inc. is one of the leading ones in these kinds of companies.

Timeshare Relief's New Website

Timeshare Relief is one of the biggest and widest companies that help us in curing our timeshare problems. It has been leading us into a timeshare problem-free life for almost 6 years now and still counting. As it launched its new, fresh, and enhanced website, we’d be getting access on it easier and more convenient with just a few clicks on our keyboards and mouses.

This newly and at full-sense redesigned website provides us ample speedy load times and an easier navigation system compared before. If you are a visitor and would want to have access on various information about the company and its services faster and easier, this refurbished site would definitely be of great help for you. The contents and information contained by the last site of theirs are now moved and divided up among more internal site pages. Thus, giving you the more specified information per page and the quicker load times you would need. They have also added more categories and topics to look for so that the users and the visitors of the site would find the things they want and need with less time. It offers quality searching in a lesser time. They understand the fast-changing technological phase happening around us nowadays where people are searching for things that would offer them more convenience and faster results. That is why timeshare relief consequently redesigned their website for your own better consumption.

As mentioned, there are a lot of changes that have been done in the site yet one of the most perceptible features that has been added there is a brief video on the homepage of the site. What is seen in the video is a brief and quick tour in Torrance, California’s company office headquarters. It went through inside the offices to give the viewers, visitors and possible clients a peak on who are the people behind Timeshare Relief and on who are those people that are pulling their hairs out just to extend their help to timeshare owners with their timeshare difficulties. Amidst the pressure and difficult problems they’re solving for and with you, they are happy enough to welcome you not just clients but also as members who play important parts and significance within the company.

There’s an assurance that everybody at Timeshare Relief is ecstatic enough to have launched this new site to cater all of you timeshare owners who have questions about your timeshare problems. So, what are you waiting for? Check out the new site now and see the changes for yourself at www.timesharerelief.com.

Reality Bites: Timeshares

Vacation time is coming. Unlike others who rush for bookings and accommodations, you are calm and ready for everything is all set. That is the beauty of having a timeshare. However, don’t you think it would be better to stop worrying about ever-increasing timeshare maintenance fees and special assessments? Time for you to get practical, time to get rid of your timeshare unit.

The economy is not just friendly to everyone and you are not exemption. Even the king of timeshare industry like Marriott International is greatly affected by the financial crisis.

Every commodity seems to be increasing in price. To cope up with this, you should prioritize necessities and drop luxuries like owning a timeshare unit.

Timeshares are coated with such a glamorous image that makes you feel like royalties having your own unit in a high-class hotel, resort or condominium. But just when you can get away from all the troubles of life, reality sinks in. You are now bombarded with too many fees that aren’t exactly compensated by the experience you had in spending time in your unit.

Owning a timeshare unit during these times is not practical. Picture this you are paying thousands of dollars for something that you only use for a very short period, and sometimes you don’t actually have the chance to use it. There is a specific period of time for you to enjoy your timeshare but it cannot be avoided that it might coincide with your work. Yes, you can book on other weeks but that would take a lot of money.

This is the time to be practical. Unload your timeshare unit. But be careful with timeshare resellers. Make sure you check with Better Business Bureau before transacting with a timeshare resale company. You would not want to end up among victims of scammers who will drain your money and at the end you still have your timeshare with you.

Getting out of your timeshare contract is not an easy thing to do. Selling your unit would take some time, especially these times when there are many owners who are also putting their units on sale. The image of timeshares has also suffered tremendously that people would hesitate to buy one.

More News on Timeshare Scams

Department of Agriculture and Consumer Services’ investigators recently raided an Ormond Beach-based timeshare sales office. The said investigators issued a search warrant to Buy Owner Resort Marketing. According to the agency’s spokesperson, Liz Compton, the investigation details are not yet available as of this time since it is still ongoing.

It was in March 2010 that the regulators told the said company to stop its telemarketing arm for the reason that it is not registered. But the said reason is not yet confirmed whether it is related to the warrant issued to them.

The above incident is just one of the consequences of many timeshare resale companies who have been doing unsound business practices.

Their hard selling tactics include calling up the timeshare owners and present to them the enticing offers. The usual circumstance at the end of the conversation is to ask for mailing payments through credit card. Desperate timeshare owners then grab the opportunity thinking that this is a one shot blessing to finally get away from the hassles of owning a timeshare. In effect, it did even create a financial disaster on them since a huge amount of money was busted by some merciless outsiders.

The truth of the matter is buyers and sellers are having a hard time looking for that legitimate timeshare resale company that will give the optimum results. With the ongoing influx of timeshare resale companies it is hard to choose which ones are just right for them.

There are so many things that a consumer has to be aware of when reselling timeshares. But let me give you some tips.

One, you have to be knowledgeable of what you are selling. Research is important for you to get the most out of your timeshare. Awareness on the total value of your timeshare will let you resell it much faster and easier though there are no guarantees of these. But at least you don’t wave out those potential buyers. The price of a resale unit usually falls between 30%-50% of its original price.

Real timeshare resale companies do not ask for initial charges. Most scammers reason out that these fees are intended for the advertising costs and/or mailing payments when in fact they are not.

To further validate whether the resale company is good or not, inquire at the Better Business Bureau. They have an online site where you can access and immediately determine whether a company is good or not.

Be smart enough to transfer that timeshare of yours.