Jul 15
David MacMillan
David MacMillan is the President/Owner of Timeshare Relief, Inc.
Timeshare Relief before Foreclosure

Timeshare Relief Before Foreclosure

With the economy continuing to sputter, timeshare owners, like you, may want to consider getting rid of their timeshares in order to save their homes.  Timeshare relief may be the only saving grace between being obligated to pay maintenance fees and special assessments versus keeping homes from foreclosure.

Many people are having a tough time right now because they are struggling with paying their mortgage, the bills, and the ever-rising cost of gasoline among other things.  Others have to contend with layoffs, pay cuts, reduction in benefits or other crises that may result in less disposable income.  We have all heard stories about people – some that we know – who have lost homes due to foreclosures in record numbers.

If you own a timeshare, you may be facing an even tougher uphill battle to get your finances under control.  On top of the other bills that can stack up, you have maintenance fees that you have to pay annually on your timeshare that consistently increase over time.   Incredibly, those maintenance fees may not be the only timeshare fees.  Special assessments can come at any time.  You do not want that crushing financial blow at a time of difficulty.  When you put all that together, it seems that there has never been a better time than now to get rid of your timeshare.   Doing so can cut down on the financial hassle your household may be dealing with right now.

Timeshare Relief can help with this burden.  Just call 1-866-797-0535 to speak to one of our friendly and expert representatives who can tell you more about the Timeshare Relief service.  We can transfer the ownership of your timeshare so that it is no longer in your name, thereby alleviating you of the timeshare fee obligations.

Since you probably financed your timeshare, the best thing to do will be to pay it off quickly to get rid of all those high interest payments.  If you cannot pay it off, at least attempt to transfer the debt to another source, like a credit card or borrow from a friend or family member.  Timeshares with liens on them are next to impossible to dump.

The market is currently flooded with timeshares that don’t have mortgages. It’s hard enough to find a buyer for a timeshare that is currently paid off, so if you have an existing mortgage on the timeshare you will experience great difficulty selling it.

Timeshare Relief can only take timeshares that are completely paid in full.  Clients pay Timeshare Relief a fee for this service.

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Jul 13
David MacMillan
David MacMillan is the President/Owner of Timeshare Relief, Inc.

Universal Studios in Orlando has a new attraction as of June 18th.  The Wizarding World of Harry Potter has been a huge success so far.  The $200 million attraction, 20 acre park features three themed attractions: Harry Potter and the Forbidden Journey, Flight of the Hippogriff and Dragon Challenge.

According to Examiner.com, this new attraction is advantageous for timeshare owners in the Orlando area, but is it really?

First of all, Orlando has been experiencing near record-breaking heat this summer.  The heat index has been reaching 100 degrees since the attraction opened to the public.  It’s a little hard to enjoy the festivities in the midst of a heatstroke.

Plus, let’s say you are a true Harry Potter fan, and it just so happens you own a timeshare in Orlando.  Are you really saving money?

Universal Studios has their own vacation packages that you can tailor to your own needs.  For instance, A family of 4 can get hotel, transportation, park tickets and discounts for $829.  That’s just one of many packages.  Not to mention there are travel agencies and other websites that can get the perfect package for you for even less.  How much is your timeshare going to cost you whether you use it or not?

The best thing to do is get rid of the timeshare and plan your vacations the way you want them when you want them.  No more worrying about if you can get away during that one week you have your timeshare.  No more annoying maintenance fees that have probably doubled since you purchased your timeshare.  No more timeshare headaches, period.  Let Timeshare Relief get you out of your timeshare and start enjoying those much needed vacations.

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May 25
David MacMillan
David MacMillan is the President/Owner of Timeshare Relief, Inc.

Timeshare Relief bungalowsMany of us have been bombarded with free all expenses paid offers of three-day and two-night vacations just for agreeing to sit through a 90-minute timeshare presentation.  There is a lucrative business industry whose only function is to give timeshare companies and travel clubs these incentive vacations and other promotional material. You can get certificates and vouchers for such things as cruises, plane trips, free vacations, etc.  On the surface, these deals sound fantastic and the certificates can’t be beat.

Look a little closer, though, and you find out that many of the certificates have very restrictive guidelines that you must follow to redeem them. For instance, you may have to do one of the following things to redeem them:

  • You will have to travel on specific dates, usually during the week or off-peak times.
  • Make sure you fill out the form on the certificate exactly as it says and mail in the form.  Otherwise it could be disqualified as a claim to the free gift.
  • You may have to return a voucher for the certificate to allow you to take the trip first.
  • Pay a fee to upgrade to improved accommodations.

Click here for a story about an incentive promotion that didn’t even give away a gift.  It’s an entry to a sweepstakes.  In other words, the recipient receives only a small percentage chance of receiving a gift.

Always read the fine print on these promotions. Realize that the certificates cannot be redeemed unless you follow the rules that apply to them. If you follow them, you should be able to use them. Don’t be surprised if you don’t wind up with the fantastic free trip promised to you during the 90-minute presentation, though.

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May 12
David MacMillan
David MacMillan is the President/Owner of Timeshare Relief, Inc.

Well-known financial radio talk show host Dave Ramsey has been very vocal about his DISLIKE of timeshares.  He recently received a question from a listener who wanted to know about attending a timeshare presentation in order to receive a free dinner.  If you like timeshares, stop reading…

Question: Diane from Facebook asks how Dave feels about the free trip and dinner while listening to pitches for a timeshare. Is it playing with fire? Dave says yes, and then some.

Dave Ramsey podcast timeshare presentation

Dave Ramsey’s advice: No, it’s playing with fire while sitting in a puddle of gasoline. That’s what it is. It’s stupid.

By the way, the place you stay and the dinner is not that good anyway. How cheesy are you? Really. Honestly. This is not like five-star accommodations here.

There is nothing good—zero, zippo—about a timeshare. Nothing. It has no redeeming value. It is one of the few consumer products that has a 97% dissatisfaction rate. It’s almost impossible to find someone who’s glad they bought one. You want to spend an entire day of your vacation putting up with some twerp that couldn’t get a job working somewhere else arm-twisting you so you get a free dinner or a place to stay? How stupid and cheap are you? No, it’s a dumb idea. Stay away from it–really.

Here’s the problem: You sit there long enough, you get lulled to sleep, you’ll wake up owning one of those things, and then you’ll be calling me. You can’t get rid of it. Nobody wants the stupid things. You’re stuck. And you did it to yourself. No. No. No. Timeshares suck. Stay away from them. Gosh, I hope I wasn’t unclear.

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Apr 12
David MacMillan
David MacMillan is the President/Owner of Timeshare Relief, Inc.

Wayne Stenehjem timeshareWe found an interesting guest column piece about timeshares by Wayne Stenehjem, the Attorney General of North Dakota at www.consumeraffairs.com.  If you don’t know, Mr. Stenehjem has been quite active in investigating the minority of timeshare companies for misleading sales claims and violations of certain solicitation & telemarketing laws in the state.  So, he has some experience with timeshares and how they are sold.

In the article, Mr. Stenehjem describes what a timeshare is.  He reiterates some common knowledge that timeshares should not be viewed as investments but as vacation destinations, and that the resale value of a timeshare “may not be as high as what you paid for the plan in the first place as there are so many options available today.”

He then describes how people typically use timeshares and vacation interval plans.  The concept of maintenance fees is brought up an it’s pointed out that the “fees are likely to increase every year.”

The article concludes with a number of tips on how to avoid timeshare scams.  Most are common sense recommendations, but are also forgotten easily when prospective buyers are swept up in the hoopla of buying a timeshare (paraphrased):

  • Don’t buy a timeshare on the initial offer.  Take time to review it.
  • Read the contract.  Have an attorney look at it.
  • Research the timeshare industry & the seller.  Know what you are buying.
  • Inquire about your ability to cancel.  Different states have different laws.
  • Use an escrow account for the transaction.
  • Be aware that laws may apply to you that are different than in your home state if you purchase out of your state.
  • US laws may not apply if you purchase a timeshare outside of the country.

For more, go to http://www.consumeraffairs.com/news04/2010/04/timeshare_alert.html

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