Timeshare Relief 360

Timeshare Relief – Get Rid of Your Timeshare Today

Nov 17

Can I Donate My Timeshare?

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Learn more about the benefits of donating your timeshare!

This may seem like a simple question to answer on your own but the truth is that most timeshare owners are still unsure about the answer. There are just so many timeshare owners that are searching for a way to eliminate their financial timeshare obligations once and for all. While this may seem like an easy question to answer it is actually very difficult to find a solution that allows you to donate your timeshare. Up until recently it was well known that virtually all charitable organizations would not accept a donated timeshare due to the fact that it would become a serious financial liability should the charity be unable to quickly resell the unit. This created the common misconception that you simply cannot donate a timeshare because there are no charities that will take it.

Luckily there are now options that allow you to legitimately donate your timeshare to a qualified charity that will be able to put the timeshare to use. While you may not have been able to find any organization that would accept a donated timeshare in the past, now you can. There are services that allow you to qualify and donate your timeshare to a charity. This is a great solution because not only will you be getting rid of all of your financial timeshare obligations but you will also be able to help others in need.

If you are a timeshare owner that is looking to get rid of a timeshare then you should seriously consider using a donate timeshares solution. Once you have donated your timeshare you will not only have helped out those in need but you may also receive a tax deduction based on the value of your timeshare.

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Sep 01

Know The Rescission Period To Cancel Your Timeshare Contract

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Have you ever had that feeling of “Buyer’s Remorse”? On the surface you felt as if you had to have something you wanted, but deep down you knew you really didn’t want it or have to have it. Then you bought that item anyway. Later, you knew you paid too much for it, and when you really got down to it, it was something you didn’t want after all.

There is something like that in the timeshare industry. Buyers have a rescission period after they sign a timeshare contract that allows them to cancel the contract without paying penalties. Some companies only give you 3 days to think about your purchase, but many companies will give you about a week to rescind your purchase. A rare few offer up to 21 days. Check your contract for the number of days that you have for a rescission.

Cancellation of a timeshare contract normally requires that you make a written request to the timeshare resort (the party listed in the timeshare contract). If you come to the conclusion that you do not want the timeshare, prepare the written request right away.

It’s not enough to send the letter off and wait to hear something back. The most effective way to ensure the cancellation goes through is to personally deliver the cancellation request to the timeshare sales office. Take down names and as much contact information as possible. Write this information down.

A better idea is to bring two copies of the request and walk it through to get the required signatures. The signatures you will need to have are from the people in charge. Have that person(s) sign the copies as proof of acceptance and make sure you provide them with one of the copies.

Although hand delivering the letter is the best method, you can mail the cancellation letter. Don’t leave things to chance with standard mail. Use certified mail with return receipt. Keep the return receipt as proof of when you mailed the letter to the timeshare company. The receipt is also proof of when the letter was received. Get in the habit of using certified mail when communicating with any company officially, especially if you are dealing with cash. If you aren’t careful, the timeshare company can say that they never received your letter. Then you’ll have one of the worst cases of “Buyer’s Remorse” you ever had.

If you’ve followed all this advice and are still having problems, it may be time to contact an attorney.
This blog is not to be construed as legal advice. Please contact your attorney for specific information involving your case.

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Tagged with: cancel my timeshare • rescission period • timeshare cancellation • timeshare contract

Aug 31

There is No “Best Way” to Sell a Timeshare

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With the number of fraudulent companies appearing in the timeshare resale industry, timeshare owners should take a close look at their options if they want to get rid of their timeshare.

First of all, there is not a “best way” to sell a timeshare. Timeshares are simply very difficult to sell. First, there are few buyers that want a timeshare on a day-to-day basis. Even though the timeshare industry is a multi-billion dollar industry, most buyers buy at the resorts where they can see, smell and experience the timeshare that they are buying. To buy a timeshare sight unseen is like buying a home without ever being in it.

The second part to this is that there are many people trying to sell timeshares. People’s lifestyles change. They no longer want to use their timeshare or cannot use it at all. For example, the kids go to college, or a loss of a job, or health issues arise. So, as the maintenance fee bills come in every year, it becomes more of a burden than a vacation getaway.

You’ll find people willing to give away their timeshares for free (minus the closing costs) or for very low costs just to eliminate these fees and the contractual obligation that timeshares place on owners. But, this leads to a flood of inventory on the market. Looking on some popular timeshare selling websites, there are easily tens of thousands for sale just on single websites alone. There are some estimates that millions of timeshares are either on sale or want to be put on sale. So, every timeshare starts to look the same and with buyers not wanting to buy something they’ve never seen or experienced, very few transactions get done.

The last point to think about when selling a timeshare is the amount of money that goes into the marketing and sales of timeshares by the timeshare resorts. For every timeshare that is sold at a resort, roughly 33% to 60% of that goes to marketing and sales of the timeshare. That’s an incredible amount! Some of the best salespeople in the world sell timeshares because of how lucrative it is. But, as a single owner who has little budget or time, is it even possible to compete with the resorts themselves?

Selling any type of real estate is especially difficult right now with the recession. Timeshare sales are down several billion dollars from their record highs in 2008. Typical timeshare owners do not gain any equity on their timeshare, so it makes for a harder deal than other forms of real estate.

Although it may seem self-serving, Timeshare Relief would prefer timeshare owners not go through some of the trials and tribulations of trying to sell a timeshare. It really pains us to see owners paying out so much money for so little in return. If you would like more information about how to avoid the timeshare resale industry entirely, give our friendly expert advisors a call at the special Timeshare Relief hotline: 1-866-797-0535. There is no obligation and we want to provide all the information you need to make a good decision for you.

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Tagged with: Get Rid of Timeshare • sell a timeshare • timeshare for sale • Timeshare Relief • timeshare rental • timeshare resales • timeshare sales • timeshare scam

Aug 30

Are You Going to Use Your Timeshare Now That The Kids (and Grandkids) Are Back in School?

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The end of August typically ends the summer vacation for most children across the US. Now that all the family trips and travels are done, the kids are now heading back to school. (In California, some have been back for almost two weeks already!) It’s a return to a “normal” schedule – kids to school, parents to work, not much time to think.

That is until the bills come.

The one that many timeshare owners dislike the most is the hefty one called the timeshare maintenance fee bill, or worse the special assessment. Come to the end of the year, we advise timeshare owners to start setting aside money for these bills. The financial obligation is spelled out quite clearly in most timeshare contracts that they must be paid regardless whether the timeshare will be used or not.

Be honest with yourself, with the kids in school, the chances of exchanging your timeshare for another during the school year are slim to none. Also, with the scheduling rules of timeshares of advanced booking sometimes a year in advance, it’s not easy to get the place that you want.

If you’re thinking of ending the financial obligation for your timeshare, give Timeshare Relief a call. The special hotline is 1-866-797-0535. There’s no obligation to use our service and the information that you receive could save you thousands or even tens of thousands of dollars in future timeshare fees. Take the worry off your mind, so that all you need to really worry about is what your kids are learning at school.

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Tagged with: 866-797-0535 • back to school • financial obligation • Get Rid of Timeshare • maintenance fee • special assessment • timeshare owner • Timeshare Relief

Aug 23

Timeshare Owner Dilemma – To Pass Along a Timeshare to Heirs Or Not

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One common theme of some Timeshare Relief clients is a timeshare dilemma of whether to pass their timeshares and the associated fees and debt onto their children and heirs. What they don’t understand is that a majority of the children do not want the timeshares, especially if they come with fees and debt. Inherited timeshares are normally older, require more maintenance and upkeep and may have fallen out of favor in terms of modern amenities and location.

Ron & Joyce faced the timeshare dilemma recently. They had seen a Timeshare Relief presentation before, yet came again to analyze the Timeshare Relief option once more. They were not sure about paying to get rid of their timeshare. They wanted something back for a timeshare after spending too much money on the timeshare in the first place. But, they did not want to pay any more and certainly did not want their children to pay for the timeshare.

As they spent more time consulting with Timeshare Relief representatives, they realized that over time they would save a lot more money over the years by not paying the annual maintenance fees on their timeshares. The maintenance fees were a point of contention for the couple, having doubled within the last five years. In 2009 alone, the maintenance fees were over $5000. They worried that the fee hike constituted a trend. It was hard to imagine the impact on their finances if that happened again over the next five years, or worse what it meant should the timeshares be inherited by their children. Ron & Joyce felt that they really needed to get out of making those payments if they could.

The couple worried about passing the debt on to their heirs. They wanted to work with Timeshare Relief to prevent this from happening. This is a valid concern for many timeshare owners. Many couples, such as Ron & Joyce search for answers to help them with this problem. They come to Timeshare Relief with the question: if our timeshare is passed on to our heirs, who is responsible for the payments from then on? After other stops with people that couldn’t answer that question, couples such as Ron & Joyce, go to Timeshare Relief to see if they can get help to keep this from happening. Ron & Joyce felt better about having a chance to work with Timeshare Relief to consider their options for this problem.

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