Nassau Guardian recently published a write up on how to improve the regulations in Timeshare Bahamas and Caribbean that should help in boosting the sales of timeshare in the region. There seems to be a potential for high bulk of sales for timeshare since the Caribbean is just close in the US.
David Gilbert, the Interval International Executive Vice President of Resort Sakes and Marketing said in an interview that the one thing that the companies who are in the business for a very long time will be investing or have invested interest in the industry. In return they would like to see some results and progress in their developed projects which has a positive regulatory environment that the people believe in and respect. He also added that their company as well as other companies would like to see laws in a place where consumers are protected and it can be a very good step for the Caribbean countries to carry out a constructive and statute law that can not restrict the developers in building their establishment but instead, it would protect the avid and future consumers as well.
Mr. Gilbert also mentioned that the larger players in the timeshare industry, for one, look for a good regulatory environment since they don’t want to develop and put up a project next door that might eventually go bankrupt or close down which would result in losing all the money of the consumers. This kind of negative publicity, he added, is going to strike their project, so new comers which are interested in the industry are really looking for a place or an area that has put up standard laws so that their projects will be guarded as well as their future consumers.
This kind of idea is both beneficial for the consumers and developers since they believe that the people that have confidence in the system will good for the business. This way, the consumers will feel that their long term vacation accommodations are safely guarded. In addition, the developers would also be saved against some financial failure because without these regularizations, the worst situation would come out and negative publicity would arise which might result for a timeshare project in the area to become financially unworkable.
Taking precautions in putting up a business in the timeshare industry is a big must since a lot of people might get affected if something unfortunate comes up. A lot of timeshare businesses have already experienced major loss in their company due to the economic turndown and these regulations that timeshare is planning to have will probably help gain the consumer’s trust back and once again patronize the industry.
Monday, May 31, 2010
Monday, May 17, 2010
Timeshare Relief - the Solution to Get Away from Your Timeshare Problems
Once you have signed a timeshare contract, there is no turning back. As a timeshare owner, you get to enjoy the property you chose to purchase once a year. However, if something not so good comes up (say you are so busy with your new business that you have no time to spend your vacation at your timeshare, or let’s say you are one of those people who are suffering from the economic recession and you have a problem of paying the annual fees of the timeshare), you ought to get rid of your timeshare property and especially the contract right away.
Getting rid of your timeshare is really hard. A lot of people are still stuck with their annual fees, and still they pay a lot just to resell their timeshares or whatever ways they are trying to find just to be able to get rid of their timeshare. The past mistakes might come again, that is, if you have not found Timeshare Relief Incorporated.
If you are reading this at this very moment, then consider yourself very lucky. Today is day one of your timeshare solutions. A certified legal and award-winning company for small businesses, Timeshare Relief is the best solution to your timeshare problems. The company has already helped a lot of people get rid of their timeshare contracts and the annual fees that go along with their timeshare ownership. The company created a system that guarantees to help you get rid of your timeshare. Now don’t waste your time and check out their official website: www.timesharerelief.com.
Getting rid of your timeshare is really hard. A lot of people are still stuck with their annual fees, and still they pay a lot just to resell their timeshares or whatever ways they are trying to find just to be able to get rid of their timeshare. The past mistakes might come again, that is, if you have not found Timeshare Relief Incorporated.
If you are reading this at this very moment, then consider yourself very lucky. Today is day one of your timeshare solutions. A certified legal and award-winning company for small businesses, Timeshare Relief is the best solution to your timeshare problems. The company has already helped a lot of people get rid of their timeshare contracts and the annual fees that go along with their timeshare ownership. The company created a system that guarantees to help you get rid of your timeshare. Now don’t waste your time and check out their official website: www.timesharerelief.com.
Thursday, May 13, 2010
Timeshare Relief Assistance
We all love to go on vacations and spend time with our loved ones playing sports, picture-taking, going on museums or special spots, etc. However, the economic recession has made our pockets and made us refrain from enjoying these costly vacations. Little did we know that there is a solution to our problem and for us to be able to enjoy our vacation more with less costs. It is timeshare.
The increasing popularity of timeshare made more and more people avail with the concept. Also, more timeshare companies and independent dealers are doing their best and competing in order to get to sell the timeshares. With that, people are easily convinced and get lured by the promises of ease and convenience that they say timeshare can offer them.
However, people are not yet knowledgeable about the concept of timeshare. Some of the companies and independent dealers are only up for money and not for the convenience of their clients. They offer a lot of tempting promotions and speak about them a lot positive but the clients end up getting trapped and regretting their decision of buying the timeshare.
Now, even though the earlier part of this article spoke more of the negative things some companies and dealers do, there are still a few great companies that offer services that can help people get rid of their timeshare. If people already got trapped and still spend a lot on their timeshare that they rarely use or do not want to use anymore, this type of companies can offer assistance to the burden that timeshare brought the people.
One of these companies is Timeshare Relief. It is created a transfer system that can help timeshare owners get rid of the annual taxes, maintenance and other fees that are required of them. Not only can the owners get away with the annual fees, but also their timeshare contracts. The services are only at a very low price so the people can avail of them as early as possible.
Timeshare Relief can also help timeshare owners that have not completely paid their timeshares. The company requires a lot of files and things that are in lined with the ownership of the timeshare. If the timeshare owners are able to give the company the right information, then the company can help them as fast as they could, depending on the state of their timeshare ownership.
The increasing popularity of timeshare made more and more people avail with the concept. Also, more timeshare companies and independent dealers are doing their best and competing in order to get to sell the timeshares. With that, people are easily convinced and get lured by the promises of ease and convenience that they say timeshare can offer them.
However, people are not yet knowledgeable about the concept of timeshare. Some of the companies and independent dealers are only up for money and not for the convenience of their clients. They offer a lot of tempting promotions and speak about them a lot positive but the clients end up getting trapped and regretting their decision of buying the timeshare.
Now, even though the earlier part of this article spoke more of the negative things some companies and dealers do, there are still a few great companies that offer services that can help people get rid of their timeshare. If people already got trapped and still spend a lot on their timeshare that they rarely use or do not want to use anymore, this type of companies can offer assistance to the burden that timeshare brought the people.
One of these companies is Timeshare Relief. It is created a transfer system that can help timeshare owners get rid of the annual taxes, maintenance and other fees that are required of them. Not only can the owners get away with the annual fees, but also their timeshare contracts. The services are only at a very low price so the people can avail of them as early as possible.
Timeshare Relief can also help timeshare owners that have not completely paid their timeshares. The company requires a lot of files and things that are in lined with the ownership of the timeshare. If the timeshare owners are able to give the company the right information, then the company can help them as fast as they could, depending on the state of their timeshare ownership.
Thursday, April 29, 2010
What if Your Timeshare Won’t Sell?
Reality check: It is really hard to resell a timeshare property. Lucky are those who were able to sell their timeshare properties. Even though they were not able to get profit, still they get away from the annual maintenance, taxes, and other fees required of them.
If you are one of the unfortunate ones whose resell timeshares have still not been sold, then you might want to consider the following things:
1. Donate your Timeshare
Even if you already spent a lot of money for your timeshare property, reselling it won’t also gain you profit. However, this can be a solution if you don’t want to spend more and more money paying for the annual fees. If you really want to get rid of your timeshare, then this may be the solution to it.
2. Rent your Timeshare
While you are still looking for more solutions of getting rid of your timeshare, you can rent it for the mean time. There are a lot of reputable companies who offer rental of timeshares. By this way, you will be able to save up money and search for more options and solutions.
3. Go for the Exit Solution
By this solution, your timeshare can be transferred and all the maintenance, taxes, and other fees required on your ownership of the property will be gone. There are many companies who offer you this kind of service. The service is also very cheap. If you are left with no choice, then, this is the least you can do.
If you are one of the unfortunate ones whose resell timeshares have still not been sold, then you might want to consider the following things:
1. Donate your Timeshare
Even if you already spent a lot of money for your timeshare property, reselling it won’t also gain you profit. However, this can be a solution if you don’t want to spend more and more money paying for the annual fees. If you really want to get rid of your timeshare, then this may be the solution to it.
2. Rent your Timeshare
While you are still looking for more solutions of getting rid of your timeshare, you can rent it for the mean time. There are a lot of reputable companies who offer rental of timeshares. By this way, you will be able to save up money and search for more options and solutions.
3. Go for the Exit Solution
By this solution, your timeshare can be transferred and all the maintenance, taxes, and other fees required on your ownership of the property will be gone. There are many companies who offer you this kind of service. The service is also very cheap. If you are left with no choice, then, this is the least you can do.
Wednesday, April 28, 2010
Asking Questions Concerning a Timeshare Sale
Multi-ownership, space share, vacation ownership or vacation ownership are synonymous names for a timeshare.
When buying any real estate, asking important questions is relevant by knowing understanding the whole process involved in the purchase and getting as much information as possible.
First, you should know what type of timeshare agreement you're getting yourself into. One of these agreements is called "fixed weeks" where one can use and enjoy the property during a specific amount of time during the year. This is also the most often deeded ownerships. Another one is called "condo hotels" where rental profits are offered as well as the enjoyment days for the buyer of the timeshare. "Fractional ownership" refers to the type of agreement which lasts between five to 26 weeks.
Next, you should also know what you are paying for when you are buying a timeshare because this is your place for a vacation that you can use for a specific amount of time per year and days or weeks to use. This includes the maintenance on the property and the one-time purchasing fees, and some would include other vacation bonuses such as food, airfair and car rentals.
Now, determine how much your timeshare is worth since resale values on timeshares are not high. Researching the type of protection the buyer has where the timeshare is purchased and getting from the seller a plan that describes the specifics of the timeshare plan is very important. Before making the final purchase, research also on the company you are purchasing from. Also, keep in mind that timeshares are not to be purchased with the idea that it will make a high profit.
After that, you should know other costs that you are responsible for. As a timeshare owner, you are obligated to pay for the fees for maintenance and upkeep on the timeshare aside from the cost of the timeshare building.
Lastly, know what the due diligence period is. You are always free to terminate the contract if you feel that you no longer want to purchase.
When buying any real estate, asking important questions is relevant by knowing understanding the whole process involved in the purchase and getting as much information as possible.
First, you should know what type of timeshare agreement you're getting yourself into. One of these agreements is called "fixed weeks" where one can use and enjoy the property during a specific amount of time during the year. This is also the most often deeded ownerships. Another one is called "condo hotels" where rental profits are offered as well as the enjoyment days for the buyer of the timeshare. "Fractional ownership" refers to the type of agreement which lasts between five to 26 weeks.
Next, you should also know what you are paying for when you are buying a timeshare because this is your place for a vacation that you can use for a specific amount of time per year and days or weeks to use. This includes the maintenance on the property and the one-time purchasing fees, and some would include other vacation bonuses such as food, airfair and car rentals.
Now, determine how much your timeshare is worth since resale values on timeshares are not high. Researching the type of protection the buyer has where the timeshare is purchased and getting from the seller a plan that describes the specifics of the timeshare plan is very important. Before making the final purchase, research also on the company you are purchasing from. Also, keep in mind that timeshares are not to be purchased with the idea that it will make a high profit.
After that, you should know other costs that you are responsible for. As a timeshare owner, you are obligated to pay for the fees for maintenance and upkeep on the timeshare aside from the cost of the timeshare building.
Lastly, know what the due diligence period is. You are always free to terminate the contract if you feel that you no longer want to purchase.
Tuesday, April 27, 2010
St. Frances Timeshare Fraud
Barclays and GE Money were sued by a group of 300 people due to an alleged fraudulent timeshare investment scheme that costs £6 million of loans that they refused to cancel.
The money the group members borrowed were between £10,000 and £20,000 each to invest on timeshare points that they were promised they could exchange to luxury holidays on all the different places around the world. The timeshare investor responsible for this fraudulent scheme, which has since gone bust, that left about 2,500 people with promises and sizeable debts, is the St. Frances Marketing formally known as Easysave Finance Ltd.
St. Frances Marketing had made the sophisticated scheme that allowed customers to obtain loans from Barclay and GE Money during the sign-up process. St. Frances has been now placed in liquidation by the Trading Standards and other five former staff because of trading standards offenses and the two banks insisted on timeshare investors to pay their debts in full. The lawsuit that is filed in the High Court in London suggests that banks should cancel the loans made by the group members because it was taken out in concurrence with a fraudulent scheme. The group claims that the two banks acted as agents for St. Frances and should reimburse them as well as cancel the loans.
On a statement made by Barclays, they said that they are aware of the proceedings and will prove false of the claims of the group. GE Money also said that they will defend its position on the said lawsuit. The group demanded that the two banks should not give them negative credit ratings to other banks.
According to the scheme that St. Frances is offering, clients have the chance to travel to all the luxury resorts in the world by buying timeshare points. These include the places like Australia, Dominican Republic and other Mediterranean hotspots. The company guaranteed their buyers that they will buy back unused points and that the scheme is risk-free.
In a case study that was conducted, Sarah Barnes discovered St. Frances Marketing when she received a phone call from the company stating that she had won a holiday package. They were then introduced to a timeshare scheme that gave them luxury holidays and bought 60 timeshare points that costs £10,495. They signed a credit agreement with GE Money but as time passed by they had realized that they were duped. The interest was never paid and it amounted to about £14,000.
The money the group members borrowed were between £10,000 and £20,000 each to invest on timeshare points that they were promised they could exchange to luxury holidays on all the different places around the world. The timeshare investor responsible for this fraudulent scheme, which has since gone bust, that left about 2,500 people with promises and sizeable debts, is the St. Frances Marketing formally known as Easysave Finance Ltd.
St. Frances Marketing had made the sophisticated scheme that allowed customers to obtain loans from Barclay and GE Money during the sign-up process. St. Frances has been now placed in liquidation by the Trading Standards and other five former staff because of trading standards offenses and the two banks insisted on timeshare investors to pay their debts in full. The lawsuit that is filed in the High Court in London suggests that banks should cancel the loans made by the group members because it was taken out in concurrence with a fraudulent scheme. The group claims that the two banks acted as agents for St. Frances and should reimburse them as well as cancel the loans.
On a statement made by Barclays, they said that they are aware of the proceedings and will prove false of the claims of the group. GE Money also said that they will defend its position on the said lawsuit. The group demanded that the two banks should not give them negative credit ratings to other banks.
According to the scheme that St. Frances is offering, clients have the chance to travel to all the luxury resorts in the world by buying timeshare points. These include the places like Australia, Dominican Republic and other Mediterranean hotspots. The company guaranteed their buyers that they will buy back unused points and that the scheme is risk-free.
In a case study that was conducted, Sarah Barnes discovered St. Frances Marketing when she received a phone call from the company stating that she had won a holiday package. They were then introduced to a timeshare scheme that gave them luxury holidays and bought 60 timeshare points that costs £10,495. They signed a credit agreement with GE Money but as time passed by they had realized that they were duped. The interest was never paid and it amounted to about £14,000.
Sunday, April 18, 2010
Timesharing : A New and Easy Way to Enjoy Your Holiday
Nowadays, timesharing is making it big in the vacation/holiday industry, especially in the United States. It is now very competitive and is earning millions and millions of dollars. Since timesharing has become popular, more and more people are taking part of the growing industry. It even attracted celebrities like Matthew Broderick and Patton Oswalt, who recently rented a timeshare for the comedy sitcom Beach Lane.
Timesharing is a method of sharing and giving rights and ownership to use a property. The concept is usually used for holidays and vacations for resorts, condominiums, villas, and even homes where the sharers own for a specified period of time (usually for a week).
It is summer once again and a lot of people are looking for places where they can stay during their vacation. Timeshare can offer more comfort, plus it is also more affordable compared to living in hotels. It is almost worry-free and convenient to people planning for a vacation.
However, there are a lot of people who are taking advantage of this growing industry by deceiving a lot of sharers, especially the first-timers. It is a sad reality that not all interested people are informed about the mean reality and issues of timesharing.
If you are planning to do timesharing in the future, you must be a well-informed sharer by researching more on timeshare deals. You should be on the lookout for illegal organizations. You must not be hesitant in inquiring about the details of what the dealers are selling. In fact, it is highly encouraged that you ask all possible questions regarding the timeshare (added charges, housekeeping fees and maintenance) so that there is nothing that you will regret in the end.
There is a way to know whether a dealer is a legit or a fake. It is by observing how knowledgeable a dealer is on what he or she is selling. If the dealer does not know much about the thing he or she is selling, then he/she is most probably a fake.
If you’re ready to join the timesharing industry, you can visit any timeshare-related sites and choose dealers and organizations that suit your needs. Also, you can check out Better Business Bureau (BBB) to get to know more about the dealer you chose.
Timesharing is a method of sharing and giving rights and ownership to use a property. The concept is usually used for holidays and vacations for resorts, condominiums, villas, and even homes where the sharers own for a specified period of time (usually for a week).
It is summer once again and a lot of people are looking for places where they can stay during their vacation. Timeshare can offer more comfort, plus it is also more affordable compared to living in hotels. It is almost worry-free and convenient to people planning for a vacation.
However, there are a lot of people who are taking advantage of this growing industry by deceiving a lot of sharers, especially the first-timers. It is a sad reality that not all interested people are informed about the mean reality and issues of timesharing.
If you are planning to do timesharing in the future, you must be a well-informed sharer by researching more on timeshare deals. You should be on the lookout for illegal organizations. You must not be hesitant in inquiring about the details of what the dealers are selling. In fact, it is highly encouraged that you ask all possible questions regarding the timeshare (added charges, housekeeping fees and maintenance) so that there is nothing that you will regret in the end.
There is a way to know whether a dealer is a legit or a fake. It is by observing how knowledgeable a dealer is on what he or she is selling. If the dealer does not know much about the thing he or she is selling, then he/she is most probably a fake.
If you’re ready to join the timesharing industry, you can visit any timeshare-related sites and choose dealers and organizations that suit your needs. Also, you can check out Better Business Bureau (BBB) to get to know more about the dealer you chose.
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