Tuesday, May 26, 2009

Why Should You Sell Your Timeshares? by Ken Lang

All because of marketing, you were able to be one of their victims in buying a timeshare. This is normal, most of us are impulse buyers and we all know hot this goes. You buy something and eventually realize that you have just wasted your money on something that you do not need. These shares might promise to give you the best vacations that you will need. This is not true, in fact, you should now sell your timeshare… fast!

It has a contract, so it seems to be a trusted deal for your money. Wrong! You missed the most important part which is lifetime. These contracts do not come as plain contracts, they come as lifetime contracts. What does this entail? At a consumer's point of view, this seems like a great deal, imagine something which you can enjoy for a lifetime. What you do not know is that it also means a lifetime of liability. This means a continuous chain of people paying for the fees which is not good.

The fees included are increasing and is seems that the maintenance fees are endless. These fees are increasing annually causing you more money than you are willing to pay. There are also special assessment fees which goes up to thousands of dollars. These fees are not really needed if you think about it. These are just fees which can be a burden to pay, which you must pay because of your timeshares.

You can enjoy vacations even without timeshares. Other people do it so why can't you? Do not waste your time on spending so much money on timeshares which you do not actually use. Sell your timeshares and enjoy a whole new world of vacationing.

Thursday, April 30, 2009

The Timeshare Trap - How the Timeshare Industry Works by Kris Roadruck

What you see: Free tickets to Disneyland (or a show, or a cruise, or some other attractive bait) for listening to a two hour sales pitch on a timeshare. Only it might not be called a timeshare. It might be a vacation resort package, or a resort condominium, or a deeded unit, or a travel package, or any of a number of creative names.

What you don't see: The free items have been paid for by the front-end money the timeshare company got from a previous buyer under contract. In effect, front-end money is extra money they get as a down payment. The real money comes to them in perpetuity by way of maintenance and other fees. This leaves any front-end money free to use for incentives to get more bodies into the sales room. They leverage front-end money for marketing and make their profits on long term fees.

What you know: You know you're a skeptic. You've heard about timeshares and you aren't going to fall for the pitch. You are fairly successful at what you do and are confident in your ability to spot a scam. So, you know you are just going to sit and listen and not buy. You know you are resistant to high pressure sales.

What you don't know: Timeshare selling is about psychology. This is their expertise. If they can have an hour or two of your attention, they can reshape your feelings and change your mind. They know they aren't selling a timeshare as much as they are selling a life style. They are selling dreams, and they are very, very good at it.

Don't believe it? Have you ever watched an infomercial? Maybe a half hour commercial for something you have no use for? Why? Why did you watch it more than the 30 seconds it took to identify it as a sales pitch? Because they know how to grab your attention and make their product, not just reasonable, but indispensable. And be honest, didn't the product seem like a neat idea (at least) after your exposure to the script? Now, imagine how much better the presentation will be for, not just a $19.99 gadget, but a long term contract for thousands of dollars.

What you hear: You hear about value, investment, travel and ownership. You hear about discounts if you act immediately.

What you won't hear about: Worthless timeshares that people are willing to give away, just to get out from under the perpetual fees. Your ownership is virtual - in effect, you own the right to pay, and keep paying, under contract. All for a week-long opportunity to stay somewhere for more than you could stay a block down the road. You won't hear that promises made during the sales presentation are void - only the contract counts. You won't hear that all the discounts apply to the up front money (the initial 'investment') and it's the maintenance and other fees that generate profits for the timeshare company.

What they will get you to believe: You are buying an asset.

What you should believe: You are buying a liability. Why all the freebies to come listen to a presentation? If they had a worthwhile product, people would come to them.

An experiment - If you are the least bit attracted to a timeshare offer in any particular location, search the internet for timeshares for sale in that part of the world. Look for private people who have already been burned by the very 'deal' you are considering. The chances are that they will be willing to give you the 'opportunity' for nest to nothing - just to get out from under the contract they are in. The contract that doesn't die, but keeps them paying fees long after they have lost all interest in spending a week in sunny Florida every year.

The Outs: If you've already fallen victim to a timeshare scam, most of the above isn't news to you. The question becomes, "How do I get out from under?"

Unfortunately, it isn't always easy. Resellers are notorious for charging fees up front that don't turn into sales. Real estate brokers (those few that accept timeshares) charge as much as 35% to sell your 'investment'. Even the traditional dodge of giving a timeshare away to a charity (to at least recover something for the charitable donation) has fallen on hard times. Charities found out the 'value' wasn't real and quit accepting timeshares as gifts.

Monday, March 30, 2009

Vacation Ownership - The Best Way to See the World!

Vacation Ownership - The Best Way to See the World!

Want a better vacation? Try vacation ownership! With an increasing choice of accommodations, amenities, locations, pricing, use plans, and timeshare exchange companies, you can customize a vacation to perfectly match your lifestyle. Vacation ownership can allow you to see the world! With over 5,000 resorts in almost 100 countries, you can cover every corner of the globe.

You choose the type of vacation that you want in the location of your dreams. Is the crashing of the surf calling you? Is the tranquility of an exotic island calling your name? How does a cozy fireplace snuggle under a bear rug after a refreshing day of powdery winter snow sound? Do you want to revel in the hedonism of a pampering spa retreat? Or maybe it's the wild adventure of an African Safari that you need. Whatever your fantasy, your dreams really can come true.

Sound good? It is. Here's how it works:

Vacation ownership takes the hassle out of second home ownership. You purchase your future vacations at today's prices and choose the amount of time you need. You make a relatively small one-time purchase and pay a maintenance fee each year. Units of timeshare at a resort are divided into weekly intervals or days. The trend in vacation ownership today is a "points system" that increases your options for the use of your vacation time.

You'll either receive a deed or a right to use membership depending on how the plan you choose is structured and your accommodations will be priced according to unit size, amenities, location, and time of the year.

You own the vacation accommodations for the amount of time you choose, most traditional timeshares are typically for one or two weeks. If you purchase into a points system, you can stay as little as one night or as long as you have points to pay for your stay.

The traditional interval week program offers owners the use of their resort for a week, at a scheduled time. With a points-based program, you make a purchase of a week that has a points value attached and those points can be redeemed for nights at your home resort or resort locations around the world as well as other services related to travel. Many timeshare resort developers and exchange companies are affiliated with other lodging and travel programs, giving you even more choices.

Don't think that since you chose weeks instead of points that you don't have flexibility though…You are able to trade your week for a different vacation experience at resorts around the world.

Some resort companies offer owners the opportunity to exchange their timeshare with another property that they own. Most resorts are affiliated with an independent exchange company that will handle exchanges to other resorts for you. To perform an exchange, you place your interval into the exchange company's pool of available resort weeks and choose an available resort and week from that group of weeks. Exchange companies will charge you an exchange fee plus an annual membership fee. Often the new owner's first year membership fee is paid by the resort developer. So what are you waiting for? Get your vacation ownership today!

For a unique opportunity to test-drive a RCI Points timeshare for FREE for the next three years of usage with payment of the annual maintenance fee visit: www.FreeTimeshareGiveaway.com. by Robert J. Howells

Timeshare Deals - The Art of Buying Time

Timeshare Deals - The Art of Buying Time

Timeshare ownership is an attractive alternative to traditional vacationing. When you make a timeshare purchase, what you are really doing is purchasing 'time'. You are buying a specific period of time at a resort that often belongs to a larger group of resorts. Usually, time is divided into periods of weeks and you will often have the option to purchase additional weeks.

Timeshares are located almost everywhere. Travel industry growth helped develop certain locations into popular destinations. Resorts helped furbish many of these areas in ways that were attractive to the consumer, then over time the concept of timesharing was brought into the market.

When it comes to shopping, you don't even have to leave the comfort of your easy chair. The Internet is full of sites that advertise timeshare deals. Almost every timeshare deal that exists is somehow connected to the internet through a listing, promotion, company or agent. A search of the words "time share deals" will bring up hundreds of results. Take your time to get a good deal and take advantage of the good deals that are out there.

If you are a regular vacation traveler, you don't have to settle for an expensive hotel room with rates that go up each year. Good timeshare deals allow you to "lock in" your vacation cost at today's dollars and realize a lifetime of vacations for as long as you own the timeshare. Why commit to a vacation home, when for a small portion of what you would pay you'll receive a very comparable level of comfort while you only pay for the time you are actually using?

Plus, your timeshare vacation can be exchanged for other timeshares in countries all over the globe! Timeshare ownership gives you the luxury of vacationing in world-class resorts with the comforts and privacy of home. Almost every timeshare owner will tell you that taking advantage of timeshare deals is a really smart way to use your vacation dollars and is infinitely more enjoyable for you.

To figure out if the deal will really save money, compare prices to a vacation in the same area. Don't forget to add in the purchase price, combined with the accompanying fees and charges. Then ask yourself, "What would it cost to go once a year to a comparable resort for 20 years?" Or even longer depending on where you're at in life. Remember that this timeshare is yours, effectively for the rest of your life and then with most, you can pass it on to your heirs. In making your decision, figure out what part of the time share is most appealing, the travel options or a particular property you are considering.

There are so many good timeshare deals to take advantage of today. The advent of the timeshare points system has developed a concept that allows for a great deal of flexibility. Depending on the size of your point's portfolio each year, you can be in Tahoe skiing one weekend, on the beaches of the Costa del Sol on another weekend and taking in the sights of foggy London or romantic Paris on another. In the mood for a cruise? You can do that too! Timeshare deals are abundant and varied and give you incredible value for your travel dollars. The bonuses and perks are nothing short of amazing. You owe it to yourself to take the time to look at them in detail. It will be time well spent!

For a unique opportunity to test-drive a RCI Points timeshare for FREE for the next three years of usage with payment of the annual maintenance fee visit: www.FreeTimeshareGiveaway.com. by Robert J. Howells

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