The timeshare industry has collapsed. There are no two ways about it. Just take a look at the market: why are thousands of timeshares being auctioned off, if the industry was truly hot and booming?
The simple answer is: it's not. Ever since the credit crunch, a lot of timeshare owners have suddenly found themselves unable to pay their annual fees. Some cant even afford vacations just to use their properties. The bad part is, whether utilized or not, the maintenance fees just pile on year after year.
In a bid to educate our timeshare readers and raise consumer awareness, below are some popular myths often touted by sales and marketing reps:
1. Timeshares are convenient - Not true. In fact, timeshares can even dictate when you have a vacation. What if your week falls on a hectic date?
To solve this problem, exchange companies have sprouted up to allow week-swapping. However, this is still on first-come first-served basis, and you need to find an owner with an ideal week willing to trade with yours.
2. Timeshares are cost-effective - Are they? Sure, its less than the cost of buying a second home. But keep in mind: its a commitment. Those maintenance bills keep rising year after year. And if clubs need more money, they can hit you with that dreaded "special assessment charge".
Want to hire the services of an exchange company? Those will cost you another extra, too.
3. Timeshares are an investment - If they are, how come owners are selling them on eBay for less than $1? And even at that amount, there are no bids! Timeshares are NOT a monetary investment. Just like a used car, its value depreciates very quickly due to the number of people using it. In fact, even charities refuse timeshares as donations!
There you have it. Be in the know. Do your research. Remember that you can only be scammed if you let them.
Thursday, September 30, 2010
Wednesday, September 22, 2010
A Guide to Timeshare Transfer Companies
In the freewheeling days before the recession, the timeshare industry has become a nest for scammers looking to separate gullible buyers from their hard-earned cash. Ever since the recession and subsequent meltdown of the industry, the scammers’ tactics have shifted to timeshare resale, by baiting unwitting timeshare owners desperate to end their contracts.
One of the main reasons for the rush to get out of timeshare is the unfulfilled expectations. Cutting corners on maintenance, poor amenities, unprofessional services and misleading brochure information are just some of the reasons why many timeshare owners have to regret ever signing that contract.
For others still, inflexible weeks and rising annual fees have become a pain instead of an aid during vacation. Rather than having a good time, the burden of having a timeshare unit instead causes worries, and much planning and checkbook-balancing.
In such a sink-or-swim situation, timeshare transfer companies can be your lifeboat. Such businesses, staffed with professional agents from the field, will take care of the necessary paperwork and coordination with the resort and various government agencies. Moreover, such service is typically just a fraction of what real estate agents cost. Before rushing off to find one, however, one should follow these practical steps to avoid the numerous scams lurking in the timeshare (and timeshare transfer) market today.
Upfront Fees: Other companies call them deposits or advance pay. Whatever they’re called, paying these fees does not guarantee a successful transfer. Most companies will tell you that they are used to initiate the process and cover the cost for the primary paper work. However, it still pays to read the fine print stated on the contract. Do your part and find out if the company is legitimate in the first place. Also, make sure that there are clauses that guarantee a successful transfer or at least some percent of your money back in case the transaction does not succeed.
Peruse the Process: Don't be in the dark. Timeshare transfer is not a dark art reserved for priests or professionals. As the title owner, ask the company about the processes involved in the transfer. Do your own research so you can ask probing questions and gauge the company's competence. In doing so, you can have a rough understanding of the steps involved and how long and how much it will take to close the transaction. While these companies use professional agents well-versed in the field, a little homework will allow you to be informed without being led around by unexplained delays and miscellaneous charges.
Hear from actual clients: Having real people speak for the company is the best way to understand their reputation. Ask for names and possibly contact numbers of people they’ve serviced before so you can do your own personal digging. Additionally, it is important to research about the company’s background on the net. If the company was somehow involved in any scam or was accused of such, you’d probably see that on the net. Check for more information and then clarify them with the company’s agent.
One of the main reasons for the rush to get out of timeshare is the unfulfilled expectations. Cutting corners on maintenance, poor amenities, unprofessional services and misleading brochure information are just some of the reasons why many timeshare owners have to regret ever signing that contract.
For others still, inflexible weeks and rising annual fees have become a pain instead of an aid during vacation. Rather than having a good time, the burden of having a timeshare unit instead causes worries, and much planning and checkbook-balancing.
In such a sink-or-swim situation, timeshare transfer companies can be your lifeboat. Such businesses, staffed with professional agents from the field, will take care of the necessary paperwork and coordination with the resort and various government agencies. Moreover, such service is typically just a fraction of what real estate agents cost. Before rushing off to find one, however, one should follow these practical steps to avoid the numerous scams lurking in the timeshare (and timeshare transfer) market today.
Upfront Fees: Other companies call them deposits or advance pay. Whatever they’re called, paying these fees does not guarantee a successful transfer. Most companies will tell you that they are used to initiate the process and cover the cost for the primary paper work. However, it still pays to read the fine print stated on the contract. Do your part and find out if the company is legitimate in the first place. Also, make sure that there are clauses that guarantee a successful transfer or at least some percent of your money back in case the transaction does not succeed.
Peruse the Process: Don't be in the dark. Timeshare transfer is not a dark art reserved for priests or professionals. As the title owner, ask the company about the processes involved in the transfer. Do your own research so you can ask probing questions and gauge the company's competence. In doing so, you can have a rough understanding of the steps involved and how long and how much it will take to close the transaction. While these companies use professional agents well-versed in the field, a little homework will allow you to be informed without being led around by unexplained delays and miscellaneous charges.
Hear from actual clients: Having real people speak for the company is the best way to understand their reputation. Ask for names and possibly contact numbers of people they’ve serviced before so you can do your own personal digging. Additionally, it is important to research about the company’s background on the net. If the company was somehow involved in any scam or was accused of such, you’d probably see that on the net. Check for more information and then clarify them with the company’s agent.
Wednesday, September 15, 2010
Inconveniences of Timeshare Property
Perhaps, you’re one of those people who once thought or is currently mulling over purchasing a timeshare property. Timeshare asset may sound good, since this is a secured place where you can stay every time you opt to move away from the daily activities that you encounter in your work in the city. These timeshare properties, which are also known as vacation ownership are havens in form of condo units, cabins, townhouses, cabanas, or villas that are located in the different parts of the world.
Timeshare or vacation ownership may have benefits but this type of asset is not advisable for everyone, especially if the traveler is a type of person who doesn’t take annual vacation. Timeshare owners are bound to the parameters stated in the contract and it includes the payment of maintenance fees. Failure to comply with the statements that are should be followed on the signed agreement would practically lead to judgments in courts.
Whether you like it or not, these maintenance fees that are required to ensure the quality and safety of your vacation houses have impact on your budget. Aside from the feeling of being obliged to pay for these prices, these fees are more likely to increase for as much as 4% annually.
The industry has also become a magnet for professional scammers and shell companies. People carried away by slick sales pitches, “gifts” or high-pressure sales tactics may end up losing their money due to scams. At the very least, they may end up with a property that’s a far cry from what they saw in the brochure.
Having a vacation property may also sound posh but the thing is people who own timeshare assets are obliged to travel to the same vacation every year in order to maximize the money shelled out for the property. It is a common knowledge that having a vacation getaway should be fun and exciting yet going to the same destination annually can be boring and restrictive. Sure, some people are just after the idea of having a secured place to relax once they book their holiday but being in a similar place every vacation robs the enjoyment and experience that they can have in other places around the world.
Timeshare or vacation ownership may have benefits but this type of asset is not advisable for everyone, especially if the traveler is a type of person who doesn’t take annual vacation. Timeshare owners are bound to the parameters stated in the contract and it includes the payment of maintenance fees. Failure to comply with the statements that are should be followed on the signed agreement would practically lead to judgments in courts.
Whether you like it or not, these maintenance fees that are required to ensure the quality and safety of your vacation houses have impact on your budget. Aside from the feeling of being obliged to pay for these prices, these fees are more likely to increase for as much as 4% annually.
The industry has also become a magnet for professional scammers and shell companies. People carried away by slick sales pitches, “gifts” or high-pressure sales tactics may end up losing their money due to scams. At the very least, they may end up with a property that’s a far cry from what they saw in the brochure.
Having a vacation property may also sound posh but the thing is people who own timeshare assets are obliged to travel to the same vacation every year in order to maximize the money shelled out for the property. It is a common knowledge that having a vacation getaway should be fun and exciting yet going to the same destination annually can be boring and restrictive. Sure, some people are just after the idea of having a secured place to relax once they book their holiday but being in a similar place every vacation robs the enjoyment and experience that they can have in other places around the world.
Saturday, August 28, 2010
Trust your Timeshare Transaction with Direct Transfers

There will come a time that you will think about selling your timeshare because of various reasons. When you finally do decide to put your asset on the market, make sure that you choose the right company that will assist you to fulfill your aim.
There are a lot of companies that are more than willing to aid you in selling your timeshare property. However, you should take note that there are unscrupulous businesses that would just lure you so you would let them handle the transaction, when in fact there’s none . Bear in mind that assets such these, where a considerable sum is involved, is always a ripe target for professional scams.
One thing that you must know about crooked companies is that, they typically target their victims via phone, direct mails, or emails. Sales representatives behind these tactics will tell you things like there are a high-demand for timeshare resale, although the truth is the rise and fall of demand in this business depends on the place and season. Moreover, they will entice you with money-back guarantees just to make you trust them on the said business.
And because nobody wants to end up being swindled, it is important to become extra-meticulous when choosing companies that will aid you to resell your timeshare company. Plus, bear in mind that a thorough research matters. Ask everything about the company to learn all the policies, commissions, charges, and even penalties - every bit of information matters since your asset is at stake. It is your right to seek for the license of the company too, just to make sure that you have asked the help of a credible company to complete your transaction.
With that in mind, make sure that you go to Direct Transfers in order to successfully share your timeshare. This company is run by experts in the industry who all provide consultation and solution services to polish the contract of the shared property.
Direct transfers assures their customers that they provide convenient and comprehensive transactions, which are all legal in order to have a smooth business deal during the process of exiting your timeshare contract.
Tuesday, August 3, 2010
Direct Transfers: Take one big leap towards Timeshare Liberation
Direct Transfers is a company dedicated to guide their customers to liberate themselves from timeshare bonds in a legal manner. The company’s team experts takes in the ownership directly, along with its financial obligations, so you can easily wave goodbye to the annual membership dues, maintenance charges, and miscellaneous property fees that hurt your pockets and bank accounts.
The concept of having a timeshare property might be overwhelming. The privileges and amenities of having a secured spot during vacation might be good enough to make you sign the contract to own one.
Nonetheless, the idea of being a timeshare-holder must be clear. It’s not just about enjoying the benefits. These properties are limited for a period of time during vacations, say for a week or 10 days. There’s also a particular time for spending your break with your family or loved ones in these places.
Unfortunately, you might also want to experience your holiday in other places, thus, you pay for hotels and other charges, as well as the yearly expenses of timeshare. And because of these obligations, some choose to sell their timeshare, even at a lower price.
Sadly, the fees that you pay annually such as maintenance, taxes, and other charges make the total cost of property acquisition greater than the profit that you deserve to gain when you sell your timeshare. Moreover, there are terms and conditions that are included in the contract that makes the whole process more complicated. There may be agents who are willing to help you get through with the timeshare selling procedures but more charges will be required for their service.
You also have to understand that timeshare cannot be treated as inherited property. Actually, the returns are very less and good buyers are hard to find.
With direct transfers, you don’t have to worry when you decided to free yourselves from timeshare contracts. Contact Direct Transfers now.
Saturday, July 24, 2010
The Proficiency of Timeshare Reselling is Possible with Direct Transfers

That’s it. You finally decided to put your timeshare property up for sale. After several years of keeping your favorite spot during holidays, you are now giving it up because you realize that it’s time to rake in profit from the investment that once bothered your savings and bank accounts because of the extra charges that you have to pay.
There are a lot of companies that offer help to sell your timeshare; however, their effort is just about advertising your property along with all the other timeshare assets that are being sold by other title-holders. It’s actually hard to imagine how this thing would work, since you have competitors who take the risks of lowering the prices of their timeshares, even though the return of investment is inadequate.
Direct Transfers defies the common strategies that other companies do. By taking on the actual ownership, along with its financial commitment, Direct Transfer gives extra effort to set you free from timeshare contracts.
Direct Transfers is a company dedicated to helping timeshare-holders from binding investments that do nothing but add burden to your pockets. With the expertise of the company in this field, financial headaches will be stopped as soon as you let them handle the business – without the worries of fraud.
Bear in mind that you will not be able to get the profits of the investment if you gamble on reselling your timeshare property in a very low price. Although you might be tempted to do this move just because buyers are hard to find in this market, it’s important to consider asking for professional help to straighten out the dilemma and Direct Transfers offers this service.
Your investment should be worth investing for. And you will only feel that factuality once you do the right move. With Direct Transfers, the annoyance and fear will be insignificant factors to consider because their proficiency and credibility will surely make the whole process hassle-free.
There are a lot of companies that offer help to sell your timeshare; however, their effort is just about advertising your property along with all the other timeshare assets that are being sold by other title-holders. It’s actually hard to imagine how this thing would work, since you have competitors who take the risks of lowering the prices of their timeshares, even though the return of investment is inadequate.
Direct Transfers defies the common strategies that other companies do. By taking on the actual ownership, along with its financial commitment, Direct Transfer gives extra effort to set you free from timeshare contracts.
Direct Transfers is a company dedicated to helping timeshare-holders from binding investments that do nothing but add burden to your pockets. With the expertise of the company in this field, financial headaches will be stopped as soon as you let them handle the business – without the worries of fraud.
Bear in mind that you will not be able to get the profits of the investment if you gamble on reselling your timeshare property in a very low price. Although you might be tempted to do this move just because buyers are hard to find in this market, it’s important to consider asking for professional help to straighten out the dilemma and Direct Transfers offers this service.
Your investment should be worth investing for. And you will only feel that factuality once you do the right move. With Direct Transfers, the annoyance and fear will be insignificant factors to consider because their proficiency and credibility will surely make the whole process hassle-free.
Thursday, July 22, 2010
Becoming Detailed on the Minute Details of Timeshare Ownership
Timeshare properties are investment deals that provide a two-way benefit, because this is your long-term refuge for having a ho liday, away from the city busy life. And because we are talking about investment, monetary benefits and issues are always in line, because it is practically absurd to have an asset if you can’t even utilize and enjoy it.It is common knowledge that not a ll timeshare owners can afford the luxurious period of vacations; and it’s not always beca use of financial issues, but because there are times that they’re too busy to give themselves a break for a week or two. Thus, their untouched timeshare properties end up costing them payments.
So before purchasing a timeshare property, it is necessary to have a meticulous observation of all the guidelines to avoid paying additional costs. Make sure that you ask all the possible questions you can think of when you purchase. Ensure that the sales representative will walk you through the timeshare contract scrupulously. Unfortunately, there are sales people who tend to rush the whole process so they can claim their commission and proceed with their next customer. Don’t let them do the negotiation too quickly. You have spent your hard-earned money and they owe it to you, by carefully providing details that you have to know, as well as responding to your questions correctly.
Moreover, bear in mind that when you go home from a thorough meeting with the timeshare sales rep, that is not yet the end of learning the things that you have to know about your asset. Never let the manual rest on your shelf or cabinet. Take time to review everything, and make sure that you have understood the terms completely. This will help you draw more questions that are actually essential, because what you have bought is not just some top or jeans, but an investment. Also, by reading the policies and procedures, you can actually compare the things that the sales rep told you, as well as the closing agent who handles the final deal. That is why having the manual read from cover to cover matters.
Moreover, bear in mind that when you go home from a thorough meeting with the timeshare sales rep, that is not yet the end of learning the things that you have to know about your asset. Never let the manual rest on your shelf or cabinet. Take time to review everything, and make sure that you have understood the terms completely. This will help you draw more questions that are actually essential, because what you have bought is not just some top or jeans, but an investment. Also, by reading the policies and procedures, you can actually compare the things that the sales rep told you, as well as the closing agent who handles the final deal. That is why having the manual read from cover to cover matters.
Furthermore, give time to check the timeshare company website and check the policies and procedures provided on their site. There is a lot of information online that you might have overlooked on the printed manual. Double-checking the information regarding additional payments, fees, and even taxes is necessary to save yourself and your property from any possible hassle that might happen in the future.
You timeshare property is your responsibility, so never be negligent with all the aspects and information that you have to be aware of to keep your bank accounts and savings away from unnecessary expenditures.
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