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Timeshares’ Imperfections


Timeshare ownership seems impeccable—especially when you bought it during its peak years in the 70s and onwards. The concept originated in the French Alps by a French hotelier. It became the answer to the vacation needs of middle classmen. Owning a vacation house as well as traveling was once necessities. It was also that time wherein commercial planes started to fly.

The timeshare phenomenon continued and spread across nations. It showcased the many beautiful vacation hotspots of the world from the US to Europe and to the rest of the world. Assurance for a vacation in a certain time of the year lessens the clients’ booking time. No more questions to be asked since owners already know what to expect. Timeshare expectations are always high and developers never failed to do it since they are the top hotels, resorts, etc. in their respective places. In here, you are also assured of high standards in terms of facilities, amenities, as well as services.

As time goes by, innovation was incorporated to suit the needs and the desires of timeshare owners in the form of perks. Flexibility became a word fixture that best describes timeshares as it ventured into Exchange programs wherein clients could have a timeshare experience in another location and thus is not limited to their purchased unit.

These and more are just few of the timeshare privileges. But these privileges are paid not just once but many times in your entire life.

A deeded timeshare requires the owner to pay the unit’s maintenance fees throughout his lifetime. Since it is deeded, it can be passed on the immediate beneficiaries who could be the owners’ children. The responsibility of paying the maintenance fees are now in the hands of the children. The scenario may not seem to be a problem but later on you’ll discover that the payments may be a burden to you. It will be since almost all the commodities and services’ rates increased due to recession and that includes the rising of maintenance fees. Whether you like it or not, or whether your income couldn’t sustain those expenses are not the problem of the developers.

So you might as well give it up as early as now. Why waste your money on a unit that you don’t use that often? You don’t want to get stuck on its fees, do you?

Resource: http://www.timesharereliefnow.com , Timeshare Relief`s official website.

Timeshare’s Unpleasant Surprises


In many occasions, timeshare has been there to assist you in making it more memorable and meaningful. A timeshare unit allows you and your family to stay as one just like at home though in a different set-up. Nevertheless, it made even more exciting to see your love ones on vacation with less booking hassles, overnight hotel expenses, and a place away from home.

Since the 60s it became a popular vacation spot of the world. From a simple hotelier in the French Alps, the timeshare concept have spread throughout the US and Europe and eventually to the rest of the world. It opened new discoveries on the many beautiful vacation hotspots located across nations. Many have patronized this vacation plan for the purpose of fun, adventure and at the same time cost-saving leisure.

This was the scenario a few years back where commercial planes started to fly and when traveling became a necessity rather than a luxury. It is no doubt that with its development, millions of people contributed to the success of the timeshare industry making it one of the biggest economic sources especially in the US.

Who would have thought that such a big industry can be affected with the global financial crisis?

As a result of the recession, timeshare industries’ sales weren’t good during the last 3 years. Millions of dollars were declared as timeshare losses. Though a ten percent increase was noted in the early part of 2010, it still did not cover the major amounts that needed to be replenished as soon as possible.

Recession gave way for big time unscrupulous people to use the desperation of timeshare owners to surrender their units in exchange of advertising costs. But on there was no advertising activities whatsoever that these resale companies had implemented. Instead, they were speedy in gathering money and later on refuse to reimburse or worst, fly somewhere else so no one can see them.

Timeshare relief seems unlikely these days. But I assure you of a system called transfer title wherein it allows you to completely stay away from your vacation house. So that means, the benefits of not having to pay anymore for that hefty fees are already visible.

Spot Those Illegal Timeshare Representatives

Consumers have been anxious about the increasing number of timeshare scams that amounted to 17 billion dollars. What else do we hate is when someone just rub out money from our pockets. Worst is that it’s hard to recover that hard earned money.

Here are a few things that you should be doubtful of whenever a representative asks you to turn over your timeshares with pay.

The representative contacts you via phone. No reputable resale company would just convince you to resell a serious property. Though there are a few exemptions on the use of phones in negotiating an agreement, but then it is improper for a company to do such marketing method.

A resale company that promises you of a ready buyer is deceiving you for sure. This is one example of too good to be true promises. Timeshare resales do not mark on the market. It is because prospective buyers have realized its impracticality plus the hardships of the recession that brought consumers too much financial obligations. The competition in the resale market is high. And in order for you to be seen in the market, you might as well lower down the price of the unit even more. Timeshare resales cost around 30%-50% of its original price and it’s just not worth it to resell your unit much lower than 30% of its original price. Such phenomenon could be attributed to the buyers swho are not interested on high paying vacation houses. Or it could possibly be that they prefer to rent out units directly from the developer since it has more perks and benefits rather than owning a second hand timeshare unit.

Illegal resale representatives ask for upfront fees. It is not advisable to pay even a small amount just so you can get away from your unit. Tendency is that the representative might just ran away especially if he has already a hold of your credit card number. Whether you have seen the office or not, it is still discouraged to pay additional charges for advertisement fees because in the first place advertising timeshare resales still won’t work.

Just so you can avoid these scamming activities, make sure to choose the right timeshare relief. It might be that reselling is not the answer but rather a transfer title would click better since it doesn’t require of fees.

Timeshare Sales Boost in 2010 is Nothing


Wyndham Worldwide Corp. reports a sales increase of timeshares, lodging and other vacation exchange businesses by 10.1 percent. Though there was a momentum on terms of sales, financial analysts find it still not worthy of the losses the timeshare industry had gained.

Prior to the great recession that struck the industry, developers had invested millions of dollars yet they ended up broke and urged their companies to take actions for the salvation of the businesses. Millions of dollars were put to waste since potential timeshare buyers no longer considered to purchase one. The buyers have realized that owning such a vacation property entails a lot of financial burdens knowing that the economy is unstable right now. The timeshare owners likewise feel the need of getting rid of it since the maintenance fees kept soaring high. Payments were tolerable in the first few years but then it has been the other way around these times.

The resale market naturally increased since many of the timeshare owners wanted to at least get a little profit from their units. Sad to say, they cannot profit that much unlike the real estate were the value increases in due time. Timeshare units are not capable of appreciation. Timeshares are only vacation plans. Owning a timeshare entitles you of the rights to use it in a specific time and not own the physical property itself. So there’s no way you can have that as one of your assets though it can be knowing that you are paying for a luxurious item.

There have been negative feedbacks regarding timeshare resales since resale companies have been into unsound business practices. Most of them have engaged in requiring timeshare owners for additional payments to finance their respective unit’s advertising costs. Attorney Generals, Better Business Bureau (BBB), and the federal courts have worked hand in hand to end this timeshare crisis.

In order to get a timeshare relief, units must be paid in full as well as maintenance fees should have no remaining balance.

The transfer title system will take care of the units just so you can get out of the maintenance fee schemes.

Timeshare sales increase should not give hope to anybody. At least it should let you ponder on the thought of not considering it and/ or dispatching it the soonest time possible.

Transfer Title: An Alternative to Timeshare Reselling


Vacation packages excite each member of the family. It is even more exciting to know if you’re heading to a timeshare unit where facilities are grand and usage of amenities are unlimited. People might say owners who have timeshares are lucky since the only thing to think of is the travel expenses when going there.

This should not fool people outside the timeshare community since these timeshare owners are experiencing a nightmare of the unit they have purchased. The maintenance fees have gone higher and it is burdening on their part. This was attributed to the ongoing recession that struck the world economy thereby increasing service and commodity rates.

Timeshare owners think that the only solution to their timeshare problems is to resell it. But actually, that’s where the problem comes in. Timeshare resale companies utilize unbalanced business practices and add further harm to the timeshare owners by asking too much upfront fees and most of the time does not reimburse such payment even though the selling period has expired. These companies also propose promises that there is already a buyer waiting for the unit that is really not true.

Better Business Bureau (BBB) has been eyeing these timeshare resale companies and rates them as F which means that there have been a great number of complaints against their services. Attorney Generals likewise note the complaints of timeshare owners and pursue a case against them with the help of the federal courts. The three agencies have been helping timeshare owners be wary of the probable injure that timeshare resale companies may cause them. Information dissemination campaigns were also launched in different timeshare states so as to inform the general public about the ongoing situation.

An alternative was developed in a form of a transfer title. It is a timeshare relief that will aid owners to end their obligatory fees. The system does not encourage additional charges which is the root cause of frauds. In order to avail of this kind of service, the unit must be fully paid and the maintenance fees are current. The system gives timeshare owners the freedom that they want for themselves and would certainly last for a lifetime. There are fewer worries and less hassle.

Timeshares: When All Other Options Fail


You may have been wondering now why you bought your timeshares. Few years back when you loved it so much because of its unique package that enables families and friends to experience one of a kind vacation paradise. This was when traveling became a major hit in the 1960s and since the people back then wanted a vacation house. The concept has evolved from a simple slogan, “why rent a room, buy a hotel”, to a more flexible offer like the exchange program that lets family spend vacation into another location with the same ambiance and convenience.

And now reality bites that you have to give up that timeshare you have. Giving up means getting rid of payments—the maintenance fees. Maintenance fees are what timeshare owners dislike. It keeps on increasing. The sad part here is that owners could not just leave it behind. Or else they will be summoned for delinquent payments. Once you have signed the contract, there is no easy way out. But if you have fully paid your unit and that the fees are current in standing then there is an easier way to unload timeshares.

The answer is because of the initiative of David and Cindy MacMillan, owners of Timeshare Relief. They too had a timeshare unit yet experienced the hassles of owning it. In 2004 and up to know, they have helped 45,000 people out of their 52,000 units. They have received the Best Torrance Award for two consecutive years. This was because of their dedication and passion to aid in transferring the titles of the owners’ timeshares.

There are corresponding qualifications in order for you to avail of their services. Your unit must be paid in full. Maintenance fees should be updated. Or if you only have either of the two just contact Timeshare Relief to know more of other qualifications. Timeshare Relief Hotline: 1-866-797-0535. Or you may visit their new website. The website was designed to further answer the necessary questions a timeshare owner and reseller must know. The topics were further segregated in such a way that a customer could directly target what he/she needs.

Timeshare Transfer Title


What can be more devastating than to keep something that eats a big chunk of a family’s budget? Well, some says it can be easily eradicated—but not with timeshares. It’s not like a junk food wrapper that you can just throw anywhere. Or it’s not even a wonderful gift to receive.

Owning a timeshare can be both rewarding and upsetting. It is rewarding in the sense that you get to experience a wonderful vacation much more convenient than your home. You get to have your own bathrooms, living room, dining room and bedrooms which can accommodate at least ten family members. So, you don’t have to pay for another room. Everyone can be inside one unit. It allows you to host small gatherings for your family and friends. It also has a kitchen of its own so you won’t have to worry about dining outside. Another privilege is that you’ll have an access to the resorts amenities such as swimming pools, golf courses, tennis courts, fitness gyms, spas, etc.

On the other hand, it is upsetting to pay for something that you only get to use in a couple of days in a year. Alongside timeshare ownership is your responsibility towards the unit and that is through the maintenance payment schemes. These fees are for the upkeep of your unit so that the facilities would still be functioning once you come back the following year. It also goes to other utility payments such as phone, electric, water, cable t.v., etc. The distressing part here is that the maintenance fees escalates each year and you don’t have the control over it. And since you have signed in the contract, you have no choice but to pay for it. Otherwise, you might be penalized for being a delinquent when it comes to timeshare payments.

There is one solution to stop for further payment on a hefty maintenance fee. It is neither timeshare resale nor rent since this will still depend on the potential buyers interested in your unit which still would take time and thus prolong your agony. The smart way of getting rid of your timeshares is through timeshare transfer title and Timeshare Relief has done it for the last five years. Timeshare Relief has been committed to help timeshare owners out of timeshare financial responsibilities through title transfer. Eligibility requirements are met so as to avail on the said services. Call Timeshare Relief now and be relieved of all timeshare payments.

The Way Out of Your Timeshare Property


The economic condition of the world today hinders a lot of timeshare owners in wanting to continue owning their unit. As timeshare owners, they are required to pay the annual maintenance fees and taxes of their timeshare properties every year. Because of that, most of these owners just want to get rid of their timeshare properties.

If you are one of them, then expect to do a lot of research and choose among options on how to completely get rid of your timeshare property. The options are as follows:

1. Renting your timeshare – While this is not the most common way that timeshare owners do, it really does a lot of help in paying for the annual fees and getting some profit, especially if the timeshare property has great amenities and accommodations. Renting your timeshare property is not a bad idea at all.

2. Selling your timeshare – Most timeshare owners go for this option that is why as of the moment, there are more people selling timeshare properties than people wanting to buy. Thus, there is more competition. It depends on the marketing and the product itself if the timeshare owner would be able to sell the property or not.

3. Donate your timeshare – For some, this is considered a fallback because of desperation. It is a noble thing to do to donate anything. However, if you donate because of getting rid of a timeshare property, it means that you are passing the responsibilities of the annual fees to the beneficiary. Passing to him/her the burden of paying those. Unless he/she wants the property so much, you would be successful of completely getting rid of your timeshare.

4. Bringing your timeshare to an exit solution or transfer company – This option is also quite good if you are already very desperate in getting rid of your timeshare. It would cost you some money, but that would be better than continually paying for the annual fees that come along with your contract. Make sure that the company you avail of the services is reliable and has a good history of the services they have done to the people. One of the best companies for timeshare exit solution is Transfer Smart Incorporated.

Tips for a successful timeshare resale


It’s indeed true that a lot of people have settled in buying timeshare properties rather than just paying hotel accommodations or pay-per-day apartment for their vacation lodging. With the timeshare concept, they can save more. Timeshare properties are already fully-equipped with several bedrooms, bathrooms, kitchen, laundry areas, plus spas, tennis courts, fitness centers, swimming pools, bars, and even golf courses. It’s really perfect for a vacation, that’s why it is really not advised for people to share their timeshare properties.

However, several problems arise in maintaining a timeshare unit so people do not have a choice but sell their timeshare properties. If you are one of those people who continually pay for the annual fees that go with your timeshare property but cannot use your property anymore, then choosing to just sell it is indeed rational.

There are things to keep in mind before selling your timeshare properties:

In a traditional sale, what sellers are really up for is, of course, the profit. However, the timeshare resale industry is entirely a different thing. Most timeshare owners sell their timeshare properties because they want to get rid of it. Most of them just want to take back what they have lost, but not actually expecting profit. Once timeshare properties are used, they often lose their value. Hence, it’s still better to be able to sell your property at a low price than continue facing problems brought by the annual fees you are responsible of.

The price of your timeshare is dependent on its age, location, size, time of the year, and its several amenities. You can also take into consideration the annual fees which you have spent for it. What you need to do is to go and ask help from the timeshare developer or company who sold you the property. They will be able to help you find the real value of your property for the resale.

Most people ask timeshare resale companies for help in reselling their properties. Be wary of the agents and companies who approached you or those you found on the internet. Timeshare owners selling their properties have been the target of scammers these days. Do your research or ask some help from your state Attorney General for the legality of the companies or agents.

If you can do it yourself, go for it. You can save a lot of money and all the money you got on your sale goes to you. You need not pay agents or companies for services they rendered in selling your timeshare. With a lot of research, you can have a successful sale. You can also buy a timeshare resale kit. Those kits have everything you need in selling your timeshare property.

Rocksure Property’s Capital Fund Offers Great Amenities Along With Its Success

The Rocksure Property’s real estate fund for timeshare ownership, Capital fund has reached its progress in the 10 cities in Europe. All its records have reached up to $2.5 million which is $1.1 million of the offer that were invested by the company in the last 2 months.

Capital fund is the main backbone of some real estate properties in Paris and Vienna. These were the two places that contributed to the success of the company. The apartments in Paris offer a lot of amenities to its guests. It has two big guest rooms with bathrooms. The property will be available for the shareholders on late summer this year.

Overall, Rocksure’s Capital Fund offers cheap ownership to several properties in Vienna, Paris, Florence, London, Prague, Rome, Cannes, Marbella, and Barcelona. Since Capital Fund has reached its Milestone, one of the properties will be on hold to the Capital Fund, but after that, that property will be sold and the sale will be divided to all the shareowners of the property.

On the other hand, properties of full units at $138,000 will be available for the timeshare owners for 2 weeks every year. For the half units at half units at $69,000 will be available for the timeshare owners for 1 week per year. The timeshare owners are offered several benefits and amenities with their ownership. They can choose several packages of their 1 or 2 weeks of stay in the property.

Rocksure and Capital Fund will also offer what they call the Inter-fund booking. With that, the timeshare owners can easily exchange their timeshare property with other timeshare owners under Rocksure, but this time, they can exchange it with timeshare properties outside Europe. Rocksure Property is connected to 9 villas around the world.

Timeshare Resales 101

Eventhough its recession time and everyone is tightening their belts, spending for a vacation still has something to shell out from one’s pocket. And what better way to celebrate freedom from the workloads that you left is to go to your timeshare property. The question is, do you have one?

Worry no more as there are already resales on timeshare units. We know that these timeshares are only second hand since they belong to the previous owners who bought it straight from a timeshare company. Nevertheless, if you chose one from a resale site, you still could experience the same first class services as this still belongs to that first class timeshare company member.

What you must do is to determine which timeshare resale company is legal. You may want to view some resales on eBay or meet up with independent timeshare brokers. There are plenty of sites to choose from since there are many owners who wanted to sell their timeshares because they no longer can afford to pay for its maintenance fees. But you must make sure that these companies are true. Visit the Better Business Bureau for a list of existing and legitimate reputable resale companies.

The price for a timeshare resale would cost you around 30%-50% of its original price. So you can already save a lot from it than purchasing from a timeshare company. But remember that even though it is a resale you are not exempted of the possible increase of its maintenance fees.
And by the way, timeshares are not investments. They simply are vacation places that you should enjoy. It is not like houses that increase in value. That’s why we have resales sold much cheaper than its original price.

Whichever timeshare resales you want, make sure that you are dealing with the legitimate one. With the increase of timeshare resales, scammers have tricked some owners to pay for upfront fees in exchange of selling their timeshares in the shortest time possible. There have been so many complaints received by the Attorney General Offices in many states. There were those who were lucky regain their money while some weren’t able to retrieve since the companies they dealt with were ghost ones.

Timeshare Relief in Vermont - Designed for Relaxation and Fun


Finding timeshare relief in Vermont is not really a difficult thing. With 20 timeshare resorts in Vermont, relief, relaxation and fun are not far away. It's wise to rent a timeshare first before owning which can lead to headaches down the road. Luckily companies like Timeshare Relief can help with this. By giving your Vermont timeshare the relief you need the people at Timeshare Relief will provide 100% satisfaction.

Going on winter vacation in Vermont can be so exciting and relaxing when it's done right. But if you ruin it by being the owner of a timeshare property it can become a disaster. If you took a trip to a resort such as the Smugglers' Notch Resort or the Sugarbush resort, located just 45 minutes from an international airport, you could easily make unforgettable fun filled memories. But being weighed down by the major hassle of a timeshare and seeing those upkeep and maintenance fees come year after year can put a damper on your fun.

The high risk that a timeshare will become an unreasonable financial burden and stressfully occupy your mind when you are on vacation is just not worth it. If you are the owner of a Vermont timeshare you need relief so you can fully appreciate what Vermont has to offer you. The only thing you should have in your head during vacation is what fun new aspect of Vermont you want to experience next.

When going to Vermont ensuring timeshare relief is just a call away and can save your vacation from becoming a miserable experience. A timeshare property is a lifelong commitment and you will be reminded of it year after year even when not on vacation. Is it really worth it to have this burden all year long when you only get to use it for one week?

Owning a timeshare is a serious commitment, but if you've already entered into a timeshare contract there is hope yet. The timeshare title transfer experts at Timeshare Relief can help you get the financial freedom you need and deserve so that you can fully appreciate a Vermont vacation. The truth of the matter is that in Vermont Timeshare Relief is just the way to go if you want to get the most out of a winter vacation experience and save yourself the stress of owning a timeshare.

A Vermont timeshare is just as expensive as a hotel or resort package would be in the market today. There is no sense making a lifelong commitment to your future vacationing in Vermont when you get the same enjoyment through a different method of planning your vacation. Being able to fully appreciate Vermont and have timeshare relief if the best way to enjoy your vacation getaway. So go talk to an expert at Timeshare Relief and find out for yourself how relaxing and worry free a Vermont vacation can truly be.

The Benefits of Timeshare Exchange

Over the years, timeshares have evolved. From the simple “why rent a hotel, buy the hotel’ slogan of French Alps in the 1960s to the additional amenities constructed for you to enjoy your unit. Today, the real deal with timeshares—timeshare exchange. This has been a fad for vacation lovers since it gives them the chance to experience a different vacation hotspot but still having the best facilities, amenities and vacation accommodations. This is the flexibility that timeshare offers that entices vacationers to avail this.

But not all timeshares are exchangeable. So if you want to avail this, you have to ask the company where you intend to purchase if they have this kind of promo. Some companies have tie-ups with other timeshare exchange companies. When you have signed their contracts, you automatically can avail of the exchange program. Usually, the first year is free. The succeeding years already require payments.

So, how does it work? The owner is entitled to trade his own property with a different timeshare property of a different timeshare resort. The units to be trade should be equivalent to the previous one. Say for example, if your current unit only has one bedroom, you cannot trade two bedrooms for this. But if you have two bedrooms and you intend to make it one this time, then there’s no problem at all. In short, it is advised to choose the unit that is quite similar to the present. This program gives you the kind of freedom to search for a comparable vacation spot without too much of a hassle since you can visit the unit at any time of the year.

There are two ways to do this. One is to go to the developer. The other one is to go straight to the company. Internal International (II) and RCI are two of the world’s popular companies that offer timeshare exchange programs. But if you prefer other companies, make a background check. The timeshare industry, like any other industry, is surrounded by scammers and frauds that are waiting for you.

Remember that depositing your timeshare unit to the inventory of timeshare company’s available weeks is not simple. The exchange only takes place when the requested week is in the inventory and the offered week by the owner is the ideal exchangeable week. It is very advantageous for owners who own timeshares in peak seasons since “they can request exchange both in peak time and off peak time periods”. Those with off peak timeshares also go with off peak timeshare exchange. Situations may vary because of some factors.

You are on their waiting list if you cannot avail of the program. They shall contact you only when there is an available exchange.

Selling Timeshares Through Legitimate Brokers

Timeshares have constantly served families through a paradise of vacation. What more can you ask for if you are being served with the best of the best facilities and amenities to make your vacation experience the most memorable and fruitful event of your year. You don’t easily give up such pleasures in life unless circumstances push you to do so. Just like the increasing maintenance fees associated with it.

Timeshare owners have continuously suffered in paying for their annual maintenance fees. These owners find ways in getting rid of their unit. Others have signed up to all social networking sites just so their property can be seen by millions of people. Some opted to hire a good timeshare broker who can make the greatest deal in the market.

Since the owner is new in the business, it is necessary to know the updates of the value of his/ her timeshare market. That means, the owner must be able to feed himself/ herself with the knowledge it brings so as to make the best deal of his/ her timeshare. But this takes time for first timers to understand the nature of how the timeshare market goes. And so, the best way is to hire timeshare brokers.

Timeshare brokers serve as a link between the timeshare owner and the client. Hiring an expert lets you save time and money in selling your timeshare. With their presence it will make transactions quick and fast.

But before purchasing transactions such as this, you must know what to look for in a timeshare broker. The broker must come from a reputable timeshare selling company. The broker presents the current situation of the timeshare market and tells the owner that it takes time to sell a timeshare due to the current financial dilemma. The broker must not hide any information that will be of help to the owner. Also, the broker makes sure that the price is the greatest value your timeshare could possibly be sold at.

Selling timeshare has never been easy, but if you entrust your timeshares to a legitimate timeshare broker, then it would not be a problem for you.

Interval International Exchange Network puts another resort in their Portfolio; This time it is from Bangladesh

San Pearl Beach, a timeshare property in Bangladesh was recently built to add option in the timeshare industry vacation destinations. This new resort stole the hearts of the Interval International Exchange Network (IINE) directors. Thus, it is now included in the resorts IIEN recommend. San Pearl Beach also becomes the first resort in Bangladesh to yield to the timeshare industry.

According to Interval International’s executive director for Asia Joe Hickman, they expect San Pearl Beach to become a popular vacation hot spot. With its great amenities, it is impossible that vacationers around the world will be able to resist it.

This resort offers all-in-one package, from the basic necessities to the most luxurious entertainment and relaxation purposes. The resort has a cinema house, fitness gym, tennis court and club, clubhouse, several swimming pools, and restaurants. Owning a timeshare in there will give you great views and attractions. In each property, there are one or two rooms that have good view of the sea. The rooms depend on the choice of package.

Aside from the man-made rooms, San Pearl Beach also boasts of the natural and cultural things that Bangladesh offers, like the pagodas, temples, coastlines, coral reefs, waterfalls, to name just a few.

Timeshare Vermont : A Waste

Since it first emerged in the French Alps with the slogan “No need to rent the room, but the hotel”, it became a hit for vacation-lovers and spread across US and Europe. As time goes by, the benefits just kept getting better like the ‘flexibility’ that they offer such as trading your unit with other timeshare properties, selling the unit, or renting the unit for additional income. A vacation exchange company such as RCI was established to guide and protect the clients. It made a lot of wealth that big time hotel chains such as Marriott, Wyndham, Starwood, Sheraton, Disney, Hilton, Hyatt, Ramada, Westin, and Ritz-Carlton invested into developing more and more timeshare units.

Owning a timeshare entitles you the rights to ownership. The rights here is boxed in which the said property is not actually under your name literally but rather you are entitled to the “rights to use” it.

Vermont, home of the maple syrup and maple sugar industry, also boasts for its luxurious, comfortable, convenient, affordable and a lifetime of unforgettable vacation. You will experience such at their maple syrup, dairy farms, covered bridges, and the green mountains.

Did you read it right? AFFORDABLE?

Since 2008, timeshare was doing no good at all. Top hotel chains had a serious drop on their timeshare sales. Some of them stopped further construction of the units. Others closed their sales offices and it prompted them to lay off some of their employees including the local workers.

Timeshare sales kept on getting worse each day as people have realized how impractical it is to obtain a timeshare property. Though there was a slight 10 per cent increase of sales in the early 2010, this was not noted significantly since timeshare unit itself depreciates every now and then.

Probably, the people have known that its upfront fee will do no good for their dream vacation but rather it would sort of be a nightmare for them in the future. Not to mention the escalating maintenance fees that they will be paying in the succeeding years. Maintenance fees are compulsory since this will take care of the upkeep of the unit from the cleanliness of the place to the utility bills. Maintenance fees let you not worry on updating your financial obligations.

But then again, who would want to pay for something that you only get to use for some couple of weeks in a year? Certainly not those who have work hard to get their hard-earned money.
Timeshare is more than just a waste of money. It could also waste your family if everybody is indebted with timeshare.

So instead of choosing any timeshare such as timeshare Vermont, think first of these and you might be enlightened.

Timeshare No More

Have you ever thought of purchasing a timeshare just because you wanted to experience a luxurious vacation? Now, think again after reading this article.

First you must know what timeshare is all about. Timeshare was conceptualized for the middle-class. This was in the 1960s in which these families wanted to own a vacation house. It gained popularity in the 1970s and more people were fascinated with it year after year.

But sad to say, in the year 2008, when the world experienced financial crisis, the timeshare industry was affected. Only a few people have subscribed to it. And many wanted to get rid of their units since they can no longer sustain the increasing annual maintenance fees. Are you more than willing to pay thousands of dollars for that timeshare unit which you can only try for one or two weeks in a year? Isn’t it impractical?

Plus timeshare owners are already tired of seeing the same place year after year. But then timeshare offers you the advantage of trading with other timeshare owners. Well lucky for you if you can spot for an available timeshare location. But most often, it is very difficult to locate one. So you’ll end up staying at your timeshare for the rest of your contract.

The major hotel chains such as Starwood, Marriott, and Wyndham have closed thousands of jobs and sales offices and laid off even local workers. Starwood and Wyndham have stopped the construction of timeshare units and decided to convert some of its units. On the other hand, Marriott continued building it since it is already at the end phase of the construction and they believe it would be better to finish it rather than abandon it.

Though for this year timeshare sales have raised a little bit, the increase is not that significant such that it encourages a significant number of people to patronize it again. We must consider the millions of dollars of timeshare loss noted for the past years especially in the last quarter of 2009.

Purchasing timeshare is not an investment. You don’t own it. You are only entitled of the rights to use the place in a specific span of time usually for 1 or 2 weeks time in a year. You won’t own that timeshare property forever.

Many people have misconceptions regarding timeshare as a tax-free property. Certainly it is not, as it is a capital asset just like that of the real estate property. In timeshare, you actually gain profits from it. Your timeshare unit will be income-tax qualified once it is owned for at least 1 year.

These are just some of the things that you should ponder upon before buying a timeshare. Be wise enough to spend your hard-earned money.

Timeshare Rings an Alarm in Florida

The number of scams regarding timeshare resales rings an alarm specifically in Florida. Florida has become a fertile soil where timeshare scams flourish. With many timeshare owners wanting to get rid of their timeshare, many resale companies are setting alluring traps for these timeshare owners.

One victim who fell for the trap was Sheila Newman, a client who became unhappy about her timeshares and decided to get her properties listed in timeshare selling websites. Two companies based in Florida responded telling her that all she needed to do was send a check since there are already buyers. It turned out to be a scam

Newman's case is nothing new. In 2009, most complaints that are mortgage related received by the Attorney General in Florida, Bill McCollum, is accounted for timeshare resales. These cases doubled in 2009 from 2008, specifically, there has been 2,719 complaints.

Another case is how a flight attendant was tricked into paying $600 upfront with a reseller, which has listed her unit for $18,000 on its website and printed fliers that she's never seen. This kind of fees can even reach to $5000.

With the cases of timeshare scams piling up, Atty. McCollum's office is reported investigating 17 companies in Florida who are engaging in anomalous practices in timeshare. The attorney general's office is said to conduct more investigations this year.

Late in 2009, two companies have been sued for allegedly accumulated $ 4 million monthly in fees alone from customers through Internet and telemarketing calls. Involved are Universal Marketing Solutions and Creative Vacation Solutions. These two were said to require "hundreds of clients" to pay $1,500 each and promising that they "would market and/or advertise their time share in an attempt to resell it, when in the truth is the time share was merely placed on a website, to which no Web traffic was directed."

The good news is that 1.6 million has been recovered out of customer refunds. The year 2009 made a record-breaking performance for consumer recoveries from timeshare.

The state of Florida being the hotbed for timeshare scams is not a surprise since there are a lot of timeshare properties found in Florida. Around 25% of timeshares are found in Florida. But these cases are not limited to the state of Florida. Attorneys general in Arkansas, Massachusetts, North Carolina and Oklahoma are also on the lookout for issues about the timeshare resale industry.

Satisfaction With Owning a Timeshare

Summer is already coming. People may plan their vacations as early as now—where to go, what to do, etc. Most probably, resorts are now famous again in the minds of people who want to have a relaxing vacation. It is no wonder why owning a timeshare has become famous.

However, there are people who do not want to own their timeshare units anymore. It is because of its high maintenance fees, other fees, etc. With this, it seems like they are not happy and satisfied in owning their timeshares. Even if this is the case, there are still some people who remain satisfied and happy with owning one.

As mentioned, despite the costs, there are still people who buy timeshares. According to Andrew Gooch, a researcher who wrote about Update on Profile of Timeshare Owners Today, there are motivating factors that persuade these people to buy timeshare units. Specifically in USA, summer is already coming. In short, many people from there would want to visit resorts that could make them relax. And it will be a plus for them if they own a timeshare, since they already have a place to stay.

Gooch even mentioned that recent owners of timeshare are satisfied with what they bought. One of their reasons is they can have a vacation away from their homes. In short, these people most probably want to stay away from their houses during vacation to feel more relaxed with their timeshare atmosphere.

With this, one can see that despite the occurring problems with owning timeshares, people still see the benefits of owning one. As a matter of fact, Gooch also mentioned in his research that despite the current economy we have, that is an economy with recession issues, some people still think of not giving up their timeshare even with its increasing maintenance costs. However, more people are thinking otherwise.

More or less, despite the many people who are becoming quite unhappy with owning timeshare, there are still those who remain satisfied with their timeshare and do not want to give it up. It is only just a matter on how people value the timeshare they own.

How to Sell Your Timeshare Online

Timeshares give owners the opportunity to take vacations every year, whether in the properties they own, or by exchanging their weeks in another shared vacation property. But nowadays, there are more and more owners who no longer want their timeshares and wish to give these up. Some give them up for financial reasons, while others do so because they no longer have the time to take vacations and utilize the timeshare yearly. Whatever the reasons, the fact is there are many shared vacation properties that go back on the market. And because of this surplus of options, an owner wishing to sell faces challenges in finally getting rid of the timeshare property.

Here are some ideas to help you when you decide to sell your timeshare online:

1. List Your Timeshare

The fastest and most convenient listing option is online, whether on your own website, on blogs, on social networking sites, or through a timeshare company. Explore various companies to find the one with the lowest listing and selling costs.

2. Post Photos of the Property

They say a picture is worth a thousand words, and when selling property, it can be worth thousands of dollars too. By putting up photos of the property for sale, you are already enticing potential buyers to take the next step. Since most vacation exchange companies already have stock photos of popular resorts, you can simply ask them to put the photos up.

3. Grab the Reader's Attention

While the pictures can convince prospective buyers to purchase, what will lead them to your page in the first place are the words you use. Employ a variety of styles and formatting options plus your descriptive talents to make the most eye-catching and convincing ads. For example, instead of saying “beautiful two-bedroom unit in Barbados,” say “breathtaking two-bedroom beachfront unit in Barbados.”

4. Ensure the Ad Contains All the Essential Details

These include information about the property, such as the exact location, the price, the number of bedrooms, the season and the week, as well as the yearly maintenance fees.

5. Convince the Reader to Purchase your Timeshare

While you may have squeezed all your creative juices to make your property as marketable as possible, so have other sellers. But what makes yours stand out from everyone else’s? Is it located near a mall, is it in the nearest resort from the airport, or can I bring my dog there? Sure, everyone’s timeshare property is “beautiful” or “luxurious” with “complete amenities” but what makes your timeshare unique? Why should buyers choose it over the others on the market?

6. Reply to Inquiries Immediately

Make sure you have answers to probable questions ready. Delaying client response by even a day or two may cost you the possible buyer already, so try to respond to questions within the day. Also, since most buyers usually ask the same questions, you can make a list of FAQs to save them the hassle of asking, and save you the trouble of replying to the same questions.

7. Be Willing to Negotiate your Price to Facilitate a Faster Sale

You can also be open to making concessions for the buyer if only to ensure the deal. For example, if the buyer cannot pay up front, offer to waive the initial year's maintenance fees provided he or she adds $500 to the timeshare’s selling price, to be paid over time.

Horse Country Resort affiliates with Interval International

Interval International, a global provider of timeshare vacation services and an operating arm of Interval Leisure Group (Nasdaq: IILG), has added Horse Country Resort, a resort that regularly hosts important horse shows and competitions, to its list of affiliates.

The timeshare resort is located along the west coast of the autonomous Italian region of Sardinia, the second largest island in the Mediterranean. It is a few meters from the beach and is surrounded by the lush greenery of the Arcidano and the Giara di Gesturi nature reserve, where Europe’s rare “small horses of the Giara” still run.

“Horse Country Resort is a truly unique vacation spot in one of Italy’s most appealing destinations,” said Darren Ettridge, Interval International’s vice president of resort sales and service for Europe, Middle East, and Africa. “The resort’s pristine setting and array of vacation amenities will appeal to a wide range of our members and is a strong addition to Interval’s vacation exchange network.”

Timeshare vacationers who are sports and horse enthusiasts will enjoy this equestrian hideaway, with its Equestrian Centre that includes courtyard stables, a practice area, and indoor and outdoor riding arenas.

Timeshare units have resort amenities, including swimming pools, restaurants, and a wellness spa. Timeshare vacationers can explore on horseback the beaches and the immediate environment populated by pink flamingos and other animals. The resort offers lessons in English and Western riding styles. There is also an authentic Western Village with a saloon, and a Tex-Mex restaurant.

Said Dr. Ettore Giachino, managing director of Horse Country Resort, “This is a place where inexperienced horse lovers can become expert riders over the years. But, it’s also where guests can simply enjoy watching skilled equestrians, relax in a natural setting, play sports, or indulge in spa treatments.”

“We chose to affiliate our resort with Interval International because of its high standards of quality and services and the professionalism of its sales team.”

“After several years experience in the tourism industry, the Horse Country timesharing project is the next step for us and we are convinced that Interval is the right partner to help us succeed in our goals,” Dr. Giachino added

Interval International, a pioneer in timeshare membership programs for vacationers worldwide, has an exchange network of over 2,500 resorts in over 75 nations.

Top 3 Timeshare Resorts

Resorts are popular timeshare vacations. Here is the top 3 resorts voted by most timeshare users:

Number one on the list is Disney’s Beach Club Villas. It is located at Lake Buena Vista, Florida which boasts its Crescent Lake where you can enjoy the waterfalls, the circular river, the waterslide, and the tanning deck. It is also ideal for catching fish. To keep you fit, it has its Ship Shape Health Club with saunas, steam rooms, and massage therapy. Fine dining is also served at the Yachtsman Steakhouse. The Villas’ architecture is in itself a good sight to see. Children can have fun at the playground, at the high-tech game room, or at the Sandcastle Club while their parents relax after a long day. The place is also conducive for business meetings which are held at the Disney’s Yacht and Beach Club Convention Center

Next on the list of the best timeshare resorts is Disney's BoardWalk Villas which is also located in Florida. Likewise, the place is good for water activities such as fishing, water fun riding, and swimming. It has its own Muscles & Bustle Health Club. Sights and sounds of games and performances from artists fill the night. You can also drink and dine at Kouzzine and Big River Grille & Brewing Works. Like the Beach Club Villas, it also features playgrounds for children and accommodates business meetings.

The 3rd best timeshare resort is the hotel-like residence Manhattan Club of New York. The resort offers an easy access to the city’s destinations. You can enjoy its spacious suites and take breakfast or cocktail parties at the private lounge overlooking New York’s architectural designs. Its knowledgeable staff guides can arrange your day’s schedule from acquiring theater tickets to reserving dinners or any other special arrangements that will suit your needs. The state-of-the art fitness center can maintain your fitness routines. While on vacationing, you no longer worry about office works as it also provides you high-speed internet and other technologies necessary for work.

You can pick one now. Just be very careful to know the wise way in buying timeshare.

Hilton Hawaii to Devote Two New Buildings to Timeshares

Officials of the renowned resort company announced last week that the planned two-tower 550-room expansion at The Hilton Hawaiian Village will be entirely timeshare units. Shared vacation ownership has become a fast-growing sector of the lodging industry.

The move comes at the heels of the success of the Grand Waikikian Tower, a timeshare projected completed in 2008 inside the Hilton Hawaiian Village. With the Waikikian tower having recently surpassed USD 1 billion in sales, officials believe it is only logical to look into getting more timeshare opportunities while the demand remains strong.

At a news conference announcing the project, Hilton’s Senior Vice President of Development for America Ted Middleton said, "This expansion will give us enough product to sell well into the next decade."

The first tower, a 37-story building with 300 units, will be built on the site of a bus-loading area along Kalia Road. Construction is slated to begin in 2013. Meanwhile, construction on the second tower, a 25-story, 250-room building on the site of the current shopping area beside the resort's parking garage, is projected to start five years later. Swimming pools and retail space will also be included in the two towers.

In recent years, hotel companies have been adjusting their room mix to include a larger share of timeshare units. Shared vacation ownership memberships give hotels higher occupancy rates, and therefore a more steady revenue stream, even during off seasons, because these units are prepaid.

Similarly, the Disney resort being constructed at the Ko Olina Resort will have a combination of 480 shared ownership units and 350 traditional hotel rooms. Kyo-ya Hotels & Resorts says the refurbishment of the Princess Kaiulani Hotel in Waikiki will also have shared ownership units.

There has been a sharp rise in Hawaii’s shared vacation ownership industry over the past decade. From about 4,815 units in 2002, there are now more than 8,000 units today.

"Timeshare obviously is one of the growth areas for the state," said Joseph Toy, president and chief executive officer of Hospitality Advisors LLC, a local visitor industry consulting firm.

"Previously most of the timeshare inventory had been concentrated in Kaua'i, and indeed we're now seeing the expansion of the timeshare market to the other islands."

Timeshare Owners searching for Relief because of Fraud reaches Europe

In 2009, Claims Directive has received evidence that some European timeshare developers were still running illegal buy-sell stings. Every week the Claims Directive report on the timeshare buy-sell scam that was estimated to be catching over 400 European timeshare owners. This caused a lot of timeshare owners in Europe searching for timeshare relief.

Usually, most promises of a sale are made verbally by the persons involved. The sales pitch now involves a complex screen of smokes and mirrors in some of the contracts shown to Claims Directive, three of which are identified: First it may have the promise of buying a number of weeks to sell on at a profit within 12 months. Second is a rent out for a yearly income which has been loaded into the purchase price. Third is to be traded in for a profit in equity against Real Estate properties.

Those who have fallen for this scam have been left in the unfortunate position of being hit by a triple whammy. They have paid up to an estimate of 100,000 € to purchase extra timeshares. Then they find out that they cannot sell or rent leaving a maintenance bill of up to almost 10,000 € a year. Lastly is that they still own the original timeshare.

The resale value for timeshare in Europe is now at an all time low. Most of the developers don’t even wish to receive unwanted timeshares back for free. Real Estate prices in 2010 are still falling.

Almost everywhere, timeshare fraud easily spreads. Those owners wanting to get rid of their timeshares are easy targets. So when on a timeshare presentation, extreme caution should be used when offered a quick profit solution for time for timeshare disbursement.

Online Study Reveals Timeshare Owners are Happy and Does Not Require Relief

Interval International conducted a survey over some US members in their database and a vast majority are happy with their timeshares and are not in any way contemplating finding timeshare relief any time soon. A third of the respondents are even said to be contemplating on buying additional timeshare for their yearly vacation.

The study revealed that the owners of these timeshares have income that exceeds $125,000. Around 88 percent of these owners are satisfied with their timeshares and 33 percent are thinking of purchasing additional holiday timeshare packages. As of writing, the US members of the Interval International spend around 23 nights for their leisure time and they spend it away from their homes making it convenient to own timeshares.

With this information, timeshare companies can be confident that there are still a number of vacationers who are considering timeshares as a good option for their vacations. It really is especially if the vacationer is able to find a good timeshare company, one that really cares for its clients. However, such circumstance can be a difficult task to do. Various considerations should be taken into by the timeshare prospective buyer. Doing so can be the best way for the vacationer to enjoy the vacation.

Timeshares are a plenty in the market right now. But finding a good company where the timeshare owner can find satisfaction with their timeshares is not that easy to do. That is why some owners end up getting rid of their timeshares without other options.

Shedding Light on Timeshare Maintenance Fees for the Relief of Owners

Timeshare owners have a never-ending confusion wanting to know what the so called maintenance fees they have been paying for. These fees have been drastically increasing year after year resulting to people seeking for timeshare relief.

A recent posted item in Disney had shed light on what’s considered as maintenance.

Maintenance fees include the refinishing of wood floors, replacing of carpets, repainting of units, replacing of blinds or drapery, reupholstering of sofas and love seats, adding of twin sleeper chair to all one bedroom and larger units, changing of new granite countertops and new hardware for cabinetry of the kitchen, replacing ceiling fans, adding new lamps in master and living rooms, television to be upgraded to flat panel units.

In addition, here are some other references from the web of what maintenance fees cover, spending for furnishings and carpet, property taxes, insurance, cable television, and phone and utilities.

All timeshare developers should be transparent to all timeshare owners. These owners need to know why maintenance fees are increasing almost year after year, aside from the fact that they have the right to know it, developers will not be able to hide anything about what they are using the money for.

The reason for all the cover up could be because developers don’t want to give owners the option to examine these costs carefully and they don’t want to be checked on what and where they would be spending the money.

If and only there will just be transparency, then maybe the percentage for people wanting to get rid of timeshare will be lessened.

Find Relief from Timeshare Rentals

A number of people are interested to get their own timeshares even if they know that other timeshare owners are trying to get timeshare relief. These people believe that luxurious vacation can best be achieved with a timeshare which is partly true.

Timeshare packages truly provide luxurious vacation. However, with the problems in the marketing of these packages, some timeshare owners receive more burdens than relief from their vacation package. They end up paying for packages with sky rocketing annual fees and special assessments. Some don’t get to use their packages because of unavailability of the resort.

The good thing is the availability of another option. Timeshare prospective buyers are actually better off with timeshare rentals. Choosing this option enables one to enjoy a timeshare without having to bother themselves of the annual fees and special assessments. With timeshare rental, they can get the timeshare in the location that they desire any time they want without having a timeshare contract attached to them for several years. That means they can choose any timeshare location they want to visit without availing of timeshare exchange. Timeshare rentals can be found online. A number of owners have posted online their timeshares for rent. Some companies also offer such timeshares.

Those who want to get a timeshare package can opt for timeshare rental. These timeshares are more affordable and convenient to own compared to the traditional timeshare package. With this option from timeshare owners who want to get rid of their timeshares, vacationers can enjoy a vacation at a luxurious timeshare property.

Timeshare Gym for the Relief of Health Buffs

Health buffs can enjoy a timeshare gym with their friends and love ones. Timeshare owners seeking for timeshare relief may also find it beneficial to avail of such services.

Chris Burnard, one of the club partners, shared that the concept is an entirely new one in the area. He said that, "We have researched it quite thoroughly and there is nothing else like this."

The gym is 650 sq. ft. with all the amenities that a fitness gym can offer. The whole facility is comfortable and the environment can be assessed as attractive, particularly for health buffs. Gym enthusiasts can rent it for themselves. They can also opt to use it together with friends or families. It can be used by a group of two to at most four people.

Burnard added, "It costs £60 per month and that gets you one set hour per week, which if you share with friends is a very good rate." The gym is conducive for friends and love ones to get together and motivate each other as they strive to attain the best of health for themselves. Doing so ensures that every gym session is fun and exciting for everyone. Each client can look forward to being together as they attain their health goals.

Some local hotels and companies have signified their interest to block certain sessions. Personal trainers are also taking in sessions to improve their health businesses. So, if you are interested to try out the gym, feel free to schedule an appointment and check out this fabulous timeshare gym facility.

This type of timeshare is a relief for health buffs since aside from the good health that they can get from going to the gym, they can also avail of the savings that such a gym offers. Hopefully, they will not end up getting rid of their timeshares because it sure will be difficult to do.

Senior Citizens Clamor for Timeshare Relief

Senior citizens who want to get out of their timeshare contracts are often the ones who experience troubles with fraudulent timeshare companies. Seeking for timeshare relief proves difficult for these people because they are often the ones who are desperate to get rid of their timeshare contracts. Whenever an opportunity knocks at their doorstep to do so, they almost always try to grab it.

Timeshare contracts are often difficult to cancel because not too many people are willing to avail of this vacation package at this time. Owning a timeshare, especially during the financial crisis, requires financial stability. It has associated fees that never decrease in time. It even continues to increase. With that, owning a timeshare is not that easy to do.

A practicing attorney in Washington, D.C. and Maryland, Benny L. Kass, received a query from a senior citizen in his website. The man had troubles with regards to their efforts in seeking for timeshare relief. This timeshare owner shared his difficulty in getting rid of their timeshare because of their transactions with several listing companies who promise service yet fail to deliver them. He declared his desire for the attorney general of Florida to take actions since most fraudulent activities happen in the state.

Kass responded that the best way to make the office of the attorney general do something on the matter is to keep on sending complaints. Timeshare owners with difficulty in getting rid of their timeshare contracts should do it make their clamor reach the appropriate agencies.

Timeshares in the Emirates Gaining a Name as a Relief Provider


Lately, the timeshare industry in the US has seen a number of timeshare owners seeking for timeshare relief. Timesharing may have been introduced almost 50 years ago in the French Alps and it may have seen great changes since then but the timeshare system is just gaining a name in the Emirates.

The timeshare system enables the owners of the timeshare packages to stay in their timeshare units for a week or more. It has gained enough following in the US and other European countries with the opportunity it provides vacationers. Unfortunately, because of the increasing maintenance fees, some timeshare owners are opting to get out of their timeshare contracts. And the financial crunch worsened this scenario.

But in the Emirates, the financial crisis is causing the boom of timesharing. This is because people in these countries have discovered the benefits that timesharing offers. They are finding it an opportune time to lower expenses especially for luxurious expenses by sharing the costs.

Wael Hussein Amer of the Arabian Falcon, a timeshare company in Dubai, stated that the main attraction of timeshare is cost sharing. People are finding it beneficial not to purchase holiday homes at its full cost and using it for over a couple of days alone. While with timeshare, people can spend less because they get to share the full cost of the resort.

Timeshare is no doubt beneficial but only if it is property carried out. If the other unbeneficial practices being done in the US is also carried out in the Emirates, owners will also later find it beneficial to get rid of their timeshares. Hopefully, timesharing will be implemented properly in that side of the world.

Timeshare Relief for Companies were Achieved through Write Downs

The timeshare industry experienced several write downs with the financial crisis that was felt by the whole world. Timeshare owners found timeshare relief by reselling their timeshare units or renting them out while timeshare companies found their relief by writing down some of its capital expenditures.

The write down started with Marriott International, Inc. last 5 months ago. And just last Thursday, Starwoods Hotels and Resorts Worldwide, inc. announced its fourth quarter earnings as well as its write down. It amounted to $362 million with the cessation of the timeshare constructions.

The chief Financial Officer of Starwood, Vasant Prabhu, shared their views on their timeshare engagement. They are currently cutting off their timeshare expenditures because the current market is not capable of earning them as much as they expected. They started out with their timeshare as an adjunct to their hotel business with the high rates of return they were seeing.

These write downs are revealing the difficulties that timeshare companies experienced with the financial meltdown. Timeshare companies may continue to stop some of their capitalization and timeshare developments. They will surely need to see the betterment of the economy until they once ago work with their timeshare plans.

Once the economy recovers, vacationers will once again look for vacation options for their convenience. They may still look for timeshare as a good vacation provider. Timeshare companies may find that a good opportunity to get back with their timeshare business even if there are still timeshare owners getting rid of their timeshare packages.

Timeshare Battles with the Recession for its Relief

The timeshare industry is not only having troubles with the timeshare owners who are trying to find ways to gain timeshare relief. It is also battling with the ill - effects of the recession causing much of the decrease of its sales and closure of its other sales offices.

Timeshare owners who are seldom using their timeshares are considering getting out of their timeshare contracts. These contracts bind them to a responsibility of paying the maintenance fees as well as other special assessments that their timeshare companies will charge them. And that is regardless if they were able to use the package within the year.

However, this is not the only predicament that the industry is facing. It is also badly hit by the recession causing it to lose much of its sales. Its sales in 2008 decreased by 48 percent while in 2009, it dropped 40 percent. The CEO of American Resort Development Association (ARDA), Howard Nusbaum estimates that the sales of timeshare this year will be flat.

This is caused by the stringent standards and requirements newly implemented by financing companies making it more difficult for timeshare buyers to get independent financing. The industry itself is also struggling to repackage and resell the mortgages they offer.

Timeshare companies can continue with their ways even with the current dilemma but it would be more beneficial for them to adjust with the recession as well as the need of the timeshare owners who are trying to get rid of their timeshares. They may be able gain more if they accommodate the market better.

Timeshare Relief During Calamities Like Haiti Earthquake


Timeshare owners, particularly those who are trying to find timeshare relief, are surely in a dilemma if the locations of their timeshares are battered out by calamities. If you are a timeshare owner and you are in such a position, what would you do?

Timeshare owners only get to benefit from their timeshares if they will be able to use their vacation package. If they won’t be able to enjoy their vacation in their resorts, they will be wasting away the maintenance fees and special assessments that they paid for their timeshares that year.

So if the location of your timeshare is under a calamity like the Haiti earthquake, you won’t be able to use your timeshare. You will also not be able to sell the package since vacation goers who would want to avail of a timeshare will surely want to buy a package that they will be able to use. Nobody will be interested to pay for the package even if you sell it out in a very low price. Renting it out will also not work since people won’t be too interested to visit the place.

If you have been trying to get rid of your timeshare because you find no use in it and you also experienced this calamity, it will be best to go to a timeshare title transfer company like timeshare relief. They will be able to transfer the title of the contract to their company to free you from your package for a minimal fee. So, don’t lose hope because timeshare relief is possible.

Craigslist as a Source of Relief for Timeshare Owners

Some timeshare owners today got their timeshares through Craigslist. The site offers a number of timeshares at very low rates from timeshare owners seeking for timeshare relief making vacation goers absolutely attracted to buy the package at a location they really love to visit.

However, timeshare being a package that allows people to use the same vacation location every year, some owners end up feeling fed up with their vacation destination every year. And so others ended up buying other timeshare units in other locations. But then again, they also end up fed up with the new location and the cycle goes on and on. Some vacation goers then wake up with much timeshares under their name, too much for them to sustain. And so they also discover the need to get out of some of their timeshare contracts. To whom do they turn too?

Again, they end up in Craigslist. But this time, not as buyers but as sellers. They acquire the service of Craigslist to be able to list their timeshares for resale. Reselling timeshares through Craigslist is one of the options of timeshare owners who want to get rid of their timeshares.

With their timeshares in Craigslist, there is a good probability that their timeshares can be sold out to other vacation goers. However, they end up cutting the price of the timeshare to a very low amount just to have the package sold in the timeshare resale market.

Vacation Goers can Find Relief in Croatia’s Timeshares

A study from a research group working for Travel Weekly revealed that UK and Europe will be the vacation location option for 2010. The travel plans of the respondents may still change depending on other concerns but timeshare owners seeking for timeshare relief may as well make use of the information.

Among the many countries in Europe and UK, Croatia is one of the promising vacation locations. More people are expected to visit Croatia because of the variety of views and activities it offers. The country is composed of 1,000 islands each of which have their own sites to boast of. Each island has much to offer and vacation goers can also opt to go on island hoping to visit more than one island during their travel.

Timeshare owners whose timeshare properties are in Croatia can fully enjoy the benefits of their one week stay in the country. They can spend as much time going from one island to another depending on their capability to spend during their vacation. If the owner is not available to use the package this year, he can opt to rent it out to other interested vacation goers. That way, he is able to receive money from his timeshare without having to totally get rid of the timeshare. The money may not be sufficient to pay for the package for the whole year but at least it can help him do so. Besides, timeshares in Croatia can be one of the best locations for vacation this 2010.

Timeshare Relief Continues to Help Timeshare Owners

2010 is a promising year to start off with our lives again. The financial difficulty is almost off our radars and this year is believed to be the beginning of economic revival. This projection should make timeshare owners who want to be free of their vacation packages to look forward for a timeshare relief. If they found the past year a difficult time to sell off, rent out or even donate their timeshares, they can easily opt to go to Timeshare Relief, Inc for their rescue this year.

Timeshare Relief is very willing to assist timeshare owners to be free from their contract. Its owners, David MacMillan and Cindy Martin MacMillan know the difficulties these timeshare owners go through just to be free of their timeshares. This fact drives the whole company to provide the best service they can to timeshare owners.

Once a timeshare owner seeks for the assistance of Timeshare Relief, they can easily find their timeshare contracts off their names. The company transfers off the title to its closing services company to free the owner. It only requires that the timeshare is fully paid for it to be transferred immediately.

Getting rid of a timeshare through a timeshare title transfer company is a lot easier to do than to sell the property. Minimal payment is required and the property is immediately transferred. Just make sure to go to a reliable title transfer company to ensure that you will not be scammed. You can check their reliability through regulating agencies like BBB for sure timeshare relief.