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Timeshare Resale Scammers and Their Fraudulent Acts

Timeshare ReliefOn November 17, 2008, the BBC Watchdog broadcast an episode that established a strong link between the resale scammers and the bogus Holiday Pack companies. This program featured a couple who had been persuaded by an agent to pay nearly £1,000 in upfront fees to sell their Timeshare.

The scammer told the couple a few weeks later that the prospective buyer was in fact a corporate client. He added that they would have to fly to Spain for a meeting to seal the deal. The couple already paid a substantial sum but they also had to buy some plane tickets and then make their way to Spain to meet the buyer.

Upon arrival, they were met by a person who is not interested in buying their timeshare. The deal that enticed the couple who were very keen to sell their timeshare ended up being into a disaster and the only winners were the resale scam company and the con people who work for them.

The Office of Fair Trading sought evidences of timeshare resale scams to help the Spanish authorities in their enforcement actions. They published a set of guidelines to help protect consumers from these shady fraudsters. They warned timeshare owners to exercise caution if they will be approached by a company claiming to be able to sell their timeshare. Especially if these companies request an upfront fee such as an administration fee, VAT, land registry charge or insurance cover and offer them unrealistic purchase price, saying that they have a confirmed buyer waiting and who are asking you to go abroad to complete a sale.

The news may have happened a long time ago but it is a recurring story. It affects timeshare resellers and makes it all the more difficult to get rid of timeshare. However, do not lose hope. There are genuine companies out there who can help you sell your timeshare. Just don’t forget to check out first the company making the offer.

Timeshares Exposed – Part 1

Timeshare ReliefTimeshare is a concept known to many individuals and yet a few only really understand it. There are two primary types of timesharing plans. These are the deeded and non-deeded. In a deeded timeshare, it offers the consumers an ownership in the property while the non-deeded type only provide a predetermined amount of time to use the property to buyers. These plans are priced in proportion to the time of the year and the length of the time that the owner wants to purchase it.

The most important thing for a buyer is to understand exactly what owning a timeshare entails before signing any contracts. The proper knowledge, careful consideration and possibly professional advice should be combined together in order to determine whether a timeshare is right for you.

Most owners purchase timeshares to have a predetermined vacation destination. It is impractical to buy a timeshare if you won't be able to use these facilities on a regular basis. An interested buyer should evaluate whether the timeshare will have a unit available when and where you want to use it.

During sales presentations, the developers may already tell you about the investment probabilities of a timeshare. In reality, the future values of timeshares are uncertain and reselling it is nearly impossible. In other words, if you purchase a timeshare, it is unlikely that you will be able to sell it at all or at least for much less than you paid for it. Moreover, the fees associated with closing, brokers, and financing should also be considered as investment costs.

All You Need to Know About Timeshare

Timeshare ReliefTimeshare ownership, including those purchased as timeshare resale, usually has high maintenance fees. A lot of people who buy a timeshare forget to figure in the cost of the maintenance fees. These fees depend on the location and type of the timeshare property. More often, these fees also rise per year.

Some natural disasters like flood and hurricane depreciates the value of the timeshare property. Most new timeshares depreciate in value by thousands of dollars the minute you buy them. Other costs that go with timeshare purchase are taxes, closing fees and the salesman's commission.

With some of the advantages experienced by the owners, these timeshare units are resold for pennies usually half the original price by people desperate to dump a timeshare they can’t use.

Timeshare ownership has contracts that the owner might be locked into. Most timeshare resorts do not want you selling or renting your unit. With this, some timeshare contracts may stipulate that you can’t rent, exchange or sell your place for a certain period of the year or for a number of years. Moreover, your vacation schedule is not flexible. You may not be able to exchange your timeshare and be stuck having to visit it every year if you do not have a popular time of year or location.

The overall concept of timesharing is like a prepaid vacation. You will lose your opportunity to vacation if you can’t prepay them. The timeshare owner must pay upfront fees and also pay fees on time. Or you can seek for timeshare relief when the time comes that you can already do so.

Getting Timeshare Relief

Timeshare ReliefIn the United States alone, millions of people are timeshare investors. But with the economic turmoil that the world is experiencing, the need for timeshare relief has escalated.

Let me discuss some few things about timesharing. Timeshare is about investing in a property wherein you pay a certain percentage of ownership. You are not buying the whole property but rather, you are sharing it with people you may not know. With the investment, you are allowed to use all of the amenities included in the time shared property.

Since the management company that serves as brokers to find all potential investors spends a lot of money for the advertising, buyers are the ones who will pay for the expenses incurred. There will also be additional payments for the maintenance of the property. That is why timeshares must not be considered if you are expecting financial profit with your investment. It is just like renting a townhouse for a week except that you pay it for years. Then why do other investors consider timeshare relief?

Owning time shared properties can become a good investment if it is properly managed. Amenities that investors can get include the hassle-free bookings or reservations on hotels or resorts and even dining out depending on the terms of agreement. It is also possible to explore new places where timeshares are available. However, along with other luxurious benefits as well as the worthwhile fun and relaxation, expensive maintenance fees that increase over time can be a burden. That is why more and more people are considering to get rid of their timeshare investments with the help of timeshare relief.

Avoid Timeshare Trap

Timeshare ReliefWith an exciting sales presentation, vacation ownership can be considered a great offer to any potential buyer. This vacation package entitles the owner a full authority to use the resort at his/her advantage. Suddenly, they would realize that there are fees that keep coming and start escalating. Eventually, they would start considering getting rid of their timeshares.

Being able to realize that they are caught in a trap, many timeshare owners are disappointed about their timeshare purchase. How did that came that way lies in the sales presentation. The high pressure and interesting sales presentation have overwhelmed most of the buyers before they realize that they are in difficult zone later on.

The common tactic during sales presentation is showing financial incentives to participants. In this way, sales agents can entice people to attend a sales presentation. Typically, these incentives include items such as gift certificates, discounts on accommodations, or other amenities. During the presentation, they will show you pictures of this resorts that will surely seduce you to sign the contract.

In the long run, you'll realize that maintenance and other fees come up your way regularly. That is why most owners want to get rid of it and do all they can to get out of the trap. The best way you can do to avoid this problem is to simply think twice before jumping into any timeshare offers. Do not rush. Do a lot of research and try to consider the advantages and the disadvantages of this investment. By doing so, you do not have to worry anymore about that timeshare relief.

Timesharing Compared to Global Resorts Network Membership

Timeshare ReliefIf you are planning to purchase a timeshare for your family vacations and you are attracted to a timeshare unit because of the luxurious and comfortable amenities that it offers, here are some additional information before you spend your hard earned money. Some facts regarding alternatives of timeshare purchase will also be discussed.

There are two basic types of timeshare purchase and ownership, namely, traditional and points based. The traditional ownership offers a single timeshare property with the option to use it for a specific week during the year. With this type, you are limited to the same location every year for your vacations. On the other hand, the point-based timeshare ownership, you are purchasing points to redeem for access to a variety of resort locations and accommodations. Therefore, with this type, you can choose when and where to travel, as well as your timeframe. The traditional timeshare ownership usually ties the buyer to a specific resort at a specified time interval. But some traditional timeshare companies also offer exchange programs that allows the owners to trade their weeks for other locations.

Each type of traditional timeshare also, has two options. We have the certificate ownership and the deeded ownership. With certificate ownership, you have the contract for a pre-determined number of years. In deeded ownership, you own the property in perpetuity for as long as you want, for the specified week(s) purchased. This type can grant you the right to pass your timeshare property to your heirs.

Getting the Best Relief From Timeshare Property

Timeshare ReliefTimeshares actually mean an ownership of a certain property on a contractual basis. A company that owns a vacation property grant these individuals the opportunity to own it for a particular duration of time. As a result, both the parties share the use as well as the maintenance cost.

However, if you try to sell your timeshare, you are in a difficult zone. Usually, the supply of it is outstrips its demand. But it is still possible to sell it although it will not guarantee a profitable deal. In order to sell a timeshare property, you have to make extensive advertising and also charge a competitive price.

On the other hand, if you are planning to buy a timeshare, you have to consider some things before deciding over the actual price of the property. The type of the resort and size of the unit can be vital in this case. Also, do not forget to make an intensive survey of the deals available and compare them. You can use the internet as well as ask help from brokers.

In buying a timeshare properties, there are different types of contracts as well different durations have been offered. With this,it is better to buy in a certain season that have high demands.

In terms of buying the timeshare resell, you usually get it in a cheaper price. Now, if you are bored with the unit that you own, then you can exchange them with another.

Legal Structures of Timeshare

Timeshare ReliefWith the growing industry for timeshare, a number of models for handling the legal relationship have also emerged for the unit purchaser and the resort owner. There are three most common types of conveyance namely the deeded interests, the right to use, and the leasehold agreements.

In a deeded interest type, the buyer receives a title for the property that is being purchased from the timeshare developer. The owner buys the right to use that certain unit in perpetuity. It is therefore the owner’s rights to use it in perpetuity, sell it and pocket the proceeds and leave it to others as part of the estate. In effect, the resort developer sells the ownership of specified time period for each unit.

On the other hand, the right-to-use type is not associated with deeding of the real property to the purchaser. Instead, the buyer is just given the contractual rights to use the timeshare facilities for a specified period of time.

Lastly, a leasehold agreement is similar to a right-to-use contract in that the buyer has the right to inhabit the timeshare unit for a specified period of time. After the expiration of the lease, the property returns to the timeshare developer. Normally, the time period is shorter in leasehold agreement than with the right-to-use agreement.

Regardless of the legal agreement, the timeshare consumer is usually known as the owner. A timeshare owner’s legal rights to the property vary according to the nature of the contract established at the point of the initial sale. Not all agreements allow the owner to sell or give the property to heirs.

A Timeshare Relief Opportunity

Timeshare ReliefOwning a timeshare property but dying to get rid of your timeshare? Having difficulties disposing your timeshare as well as its corresponding liabilities?

Find time to consider this option and try to earn from your timeshare property.

A timeshare owner generally has a one-week schedule of vacation opportunity to timeshare properties. This is a guaranteed chance to be able to spend time in posh vacation sites, worldwide. And if you are a timeshare owner who is considering on saving or earning extra money either for your personal expenses or to be able to pay for your timeshare obligations, you can opt to lease your timeshare vacation schedule to other individuals. This idea takes into account the fact that there are a number of tourists who are set out to enjoy their vacation regardless of the cost as long as the experience will be worthwhile and enjoyable.

So, how do you start leasing your timeshare? It’s easy. Do the following steps and see what works best for you and your timeshare property:
  1. Prepare a good backgrounder of your timeshare property. If you have pictures of it, include it in the write up. Market your timeshare well with enough descriptions.

  2. Post your write up in internet listing and advertising sites.
  3. Make sure that you indicated your contact details to make it convenient for your prospective renters to contact you.
  4. Be certain that you are always accessible through the contact details that you stated in the write up.
  5. Be ready for any calls or queries regarding your site for lease.
  6. Once you are able to get calls, immediately schedule even the tentative dates of the scheduled vacation of your client to find out if the said schedule is available.
  7. Communicate all necessary information to your client to make sure that necessary adjustments are done.
  8. If the transaction is successful, seal the deal with an agreement that is beneficial for both parties.
The above steps should be enough to guide you in closing a lease deal. Go on and temporarily relieve yourself of your timeshare.

Sell your Timeshare Ownership: Tips for Timeshare Resellers

Timeshare Relief“Vacation ownership or timeshare ownership helps ensure planned vacations at luxurious resorts with amenities, services and ambiance that compete with any of the world’s top-rated vacation destinations,” get rid of your timeshare with this sales line. Further it by citing that current timeshare owners are satisfied with the standards of accommodations and services at the resorts or places at which they own and build on the cost effectiveness of this type of vacation ownership.

If your prospective buyers understand the benefits that vacation ownership offers, there is a greater chance that they will acquire this type of ownership. Paying for a fully-furnished vacation accommodations at a percentage of the cost of full ownership is actually inviting. Just don’t forget to mention as well that the one-time purchase price is not the end of it but that a yearly maintenance fee will also be collected regularly. This is because owners also share the use and costs of maintenance of their unit and the common grounds of the resort property.

Contrast it to hotel accommodations or rental room services which require payment for each day of use with rates that usually increase annually. Regular vacation goers would surely appreciate ownership of a timeshare property that enables them to enjoy a resort, year after year, for the lifetime of their ownership. They will have the opportunity to save on the increasing cost of vacation accommodations over the long term while enjoying all the comforts of a resort that feels just like their own home.

Timeshare ownership also provides the flexibility that suits the needs of any family size or group. Most of the units include a fully equipped kitchen with dining area, washer and dryer, stereo, televisions, VCR and a lot more that will meet the standards of any dream vacation. In addition, the resorts are also staffed with well-trained hospitality professionals to assist the owners with their vacation needs. So they won’t need anything else.

Putting all down the benefits that timeshare has to offer, the sole problem now lies at your justification for selling your own timeshare. You will surely find it difficult at first. But bear in mind that honesty pays well. So be open in saying that you actually can’t afford the luxury at the moment. But you think that they can, leading you to offer it to them instead, hoping that they won’t pass the opportunity off.

Avoid Timeshare Relief

Before you even require a timeshare relief, think well if you really need a timeshare.

A number of people who became timeshare Timeshare Reliefowners and later on wanted to let go of their timeshare properties started as persons who merely had thoughts of a yearly vacation. With that yearning, timeshare has captivated the market with their beautiful timeshare properties located in the best vacation sites in the world. Because of this attraction, people who were able to witness a timeshare orientation are enticed to grab the opportunity. The same goes with those who were able to learn about timeshare from people owning timeshare properties who are satisfied with timeshare services and amenities.

Prospective timeshare clients who continued with their purchase of timeshare properties always have good intentions for themselves and their loved ones. They acquire timeshares with the hope of bringing the whole family to a posh resort for a week of vacation. However, they fail in their lack of consideration regarding their financial capacity to be able to regularly pay all the obligations that are associated with owning a timeshare property. The obligations include annual fees, real estate taxes and maintenance fees. These rates also increase yearly making it all the more difficult to maintain the timeshare property. There are also special assessment fees that the company charges from time to time adding up to the burdens of the timeshare owner. So if you are not yet financially stable and you really don’t have extra funds to support yourself financially, it would be better to forego the purchase of the timeshare property than go through the process of seeking Timeshare relief.

Timeshare Relief for Financial Stability

Timeshare ReliefOwning a Timeshare property had always been inviting. And knowing owners trying to find relief from their timeshare responsibility seems an opportune occasion to acquire one. You consider your options and realize that there, indeed, is an allowance from your existing funds for a purchase of a Timeshare property and find your financial status stable enough to do so, you immediately go for the sale and spend on the acquisition.

Unfortunately, the current financial crisis took the best of you, leaving you with a meager income to sustain your daily needs, much more your financial obligations for the Timeshare you own. The dues continue to come without you gaining enough light with regards to your finances. The dues never stop coming. Options for Timeshare Relief abounds the market. Finding one is actually easy nowadays. But you reconsider getting rid of your Timeshare holding on to the fact that you personally acquired the property for an eventual yearly escapade for a great break over your busy schedule and heavy workload. The possibility that the current economic situation will also improve strengthens your resolve to keep your Timeshare.

Unfortunately, your financial obligations will continue to increase as you wait for those possibilities without the definite eventuality of such wishful thinking. Considering the responsibilities that are associated with being a Timeshare owner, one should be open-minded in taking-in other options. And accepting the fact that maintaining ownership of Timeshare is beyond your current capacity and existing condition may not be that easy, one should be well aware that reality will always come first before anything that comes in between. So before everything fails, decide to find assistance for a Timeshare relief. When the time come that all else is clear and certain, acquire a Timeshare again if you really find it a good property to keep. That way, you gain financial stability over all uncertainties.

Relief From Timeshare Vacation Rip-off

People love to be on a vacation, but aren't timeshare vacation supposed to give you relief? Learn from a vacation story that this couple have experienced.

Mr. Jym Rodriquez and his wife love to travel anywhere on the coast. So, when they got enticed by the presentation done by the Vacation Discount Club known as Utopian Travel, they were intrigued.

At first, they thought the offer was a win win for them. The deal was, since the Rodriguez' is currently paying for a timeshare in Texas, the company (Utopian travel) swore that they will take over the payments as long as the couple will take the offer for a price of $3, 000 upfront.

However, after the purchase was made, the couple have found out that payments weren't being made after three months and the deal seemed to be not a good deal at all. The worst thing that happened was when Mr. And Mrs. Rodriguez tried to cancel their timeshare, the travel company even pose threat on them about ruining their credit scores.

They soon discovered from the state attorney general's office that Utopian Travel has netted 91 complaints, over the years. See how timesharing can do to you these days?

Now, inorder to spare yourself from becoming a victim, here's what a consumer should do:

First, always have self-control over your wants and desires. When you are invited for a sales presentation, keep in mind that you are not obliged to buy anything from them. Make sure how long the presentation will last and once the time is up, leave! If salespeople will not allow you to leave the room, don' t worry about being rude. You'll see it pays to be one!

Don't give out any personal information most especially your credit card information. Lastly, always run a research about the timeshare company you are dealing with. You'll see that due diligence will give you a lifetime relief from future timeshare financial liabilities.

What To Do To Achieve Timeshare Relief

Timeshare ReliefGiven the economic situation today, many timeshare owners would only want to get rid of their timeshare and be relieved by the problems that went with the ownership. Who can blame them? In today's economic climate, no sane individual would carry on paying unending fees for a property that's no longer gaining you anything but financial burden. If you are in the same situation, of course you would want nothing else but to dispose of it.

Now, how are you going to get rid of your timeshare? Achieving that aim may not be that easy at the moment. There are plenty of probable and logical solutions that may cross your mind such as selling your timeshare, renting it out or even donating it to charities. However, as you try them out, you'll discover that none of them seems to pan out. You end up wasting more of your money, time and effort.

To finally dispose of your timeshare and end maintenance costs that's making you poorer every time, find a reliable timeshare transfer company to help you transfer the timeshare property from your name to others. Is this the best solution? Probably it's the only option left for you to do. With many agents of timeshare advertising companies over promising and under-delivering services for unreasonable upfront fees, perhaps this is the only available solution to end your timeshare nightmare. If you take a look around further, you will realize that it's getting harder and harder to find timeshare relief.

So, go for a sure thing even if it's your first try to find a timeshare relief. Stop wasting your resources and find a reliable timeshare transfer company to unburden you with timeshare troubles. Then, you'll never have to worry about maintenance costs from something that has become useless for you.

Relief On Tenerife Timeshare Scam

Timeshare ReliefTimeshares have become very popular over the years but, along with its popularity, comes the opportunistic individuals who take advantage of people wanting to purchase timeshares at a much cheaper deal. Lately the number of timeshare-related scams have been on the rise and victims could never be relieve until these timeshare scams are terminated.

Recently, a report was known about a timeshare fraud on Tenerife from which 7 people were arrested. The Interior Ministry said that it would have affected more than 50 people and brought the fraudsters up to 1.5 million €.

Nobody wants to be screwed by a scam, right? Now, to protect yourself against scams, read on and recognize how scam artists bait their unsuspecting victims.

Timeshare scams are usually conducted over the phone. These people have somehow managed to access a list of timeshare owners and their contact details, after which they are going to call and inform them about an interested buyer who is offering an irresistible amount of money in exchange of their timeshare property. This is what the timeshare scam in Tenerife have used in defrauding their victims.

Those who took the bait were charged around 30,000 € in taxes and the cost of transferring ownership. Then, after the fees were paid, the transaction ends. Yet, the timeshare owners have heard nothing further neither from the supposed buyer nor from the broker.

For timeshare owners, always remember to do your due diligence. If a deal is too good to be true, most of the time, it's not for real. It would bring you good relief about timeshares if you could run an Internet search regarding any timeshare offers that may come your way.

Late Michael Jackson Have Sought Relief In A Timeshare

Timeshare ReliefMichael Jackson’s death still has made people talking about their memories with him everywhere. A report from Orange Country, Florida where the king of pop used to visit in the 1980’s, have known about his sanctuary where he finds relief in this timeshare.

A timeshare of 26,000 square foot in area is where Michael Jackson stayed during the turmoil of his child molestation charges, for which he was later found not guilty. David Siegel and his wife Jacqueline, owners of this property known as Isleworth palace, shares their experience with the famous King of Pop.

“We told him it would be $15,000 a week. Now I'm sorry I didn't ask for more because he was accustomed to paying $100,000 a month for a house,” says Mr. Siegel.

“He said he'll take it under the condition that nobody knows he's here. I didn't tell anybody. He moves in. Within a day, he's up on top of the house waving at boaters!” he recalls.

Indeed, it attracted east coast paparazzi to the surrounding lake, but Michael Jackson still managed to enjoy his privacy. The 4-acre private island with a private gate, is what made him bought it. He had looked for a lot of homes around the area but only Isleworth palace proved convenient for him.

Mr. Siegel also shares about the King of Pop’s fondness of the game room and the pool. Moreover, Michael spent a lot of time in the master bedroom with his entourage.

Today, the world is in grief about his death but for the people who have acquainted with him, nothing compares to the remorse they are experiencing. The Siegels were deeply saddened about Michael Jackson’s death. He had been a great timeshare tenant to them and it was a great pleasure to have served one of the biggest and influential star in the history of the music industry. That experience and time shared are their relief from the sadness of his passing.

Timeshare Buying Options – Relief From The Dilemma of Buying Timeshares

If you so desire to own a timeshare but stuck with the dilemma in making up your purchasing decision, then find relief by reading this timeshare blog entry. Actually, acquiring one, two or three timeshares is so easy nowadays. Time and technology have indeed made timeshare buying very convenient. One can simply just go online and search for timeshare resales. Would-be-buyers can also opt to buy timeshares from timeshare developer companies and personally close the deal with them. Either way both have benefits and downturns. Find out on the list below:
  1. There is a wide variety of selections

    There is a wide selection of timeshare units on the resale market. This is due to the fact that many timeshare owners are listing their unwanted timeshares on advertising sites and sell it out. Although timeshare companies also has a wide selection of timeshares, the problem is timeshare buyers may have to jump from one company to another in search for the for a timeshare located at a destination of their choice.

  2. Cost Price is lesser

    Since it is a resale sale, the cost are lesser than brand new units. Prices of timeshares on the resale market are usually cut down half of its original price. Timeshares units from timeshare companies, on the other hand, are expensive considering that it is brand new. In fact, the price can reach to tens of thousands of dollars due to the advertising cost that timeshare developers shouldered in promoting them. However, there are extra benefits that timeshare companies offer for timeshare buyers. This extra benefits take the form of discounts, bonuses and freebies.

  3. Convenience in purchasing

    Nothing compares to the convenience that online buying brings. Timeshare buyers don’t have to personally visit timeshare resorts and sit in timeshare presentations just to acquire the one. With timeshare resales on the web, customers can browse more options of timeshare units and can even take there time in deciding for the best purchase.
Timeshare buying may it be from a resale market or directly from timeshare companies, may not come as necessary especially in this times where the economy is taking a breather. Would-be-buyers must take critical judgment in their purchase because the sad part is after having relief form the dilemma of making up your purchasing decision, you may now look for relief from the burden your timeshare may cause you afterwards.