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Cost of Timeshare Maintenance Fees

December 26, 2011 By

The number one complaint that timeshare owners have about their properties is the cost of timeshare maintenance fees. It is also the number one reason that people eventually decide to try and get rid of their timeshare, since these fees often tend to go up and rarely will go back down once they do.

Maintenance fees are exactly what they sound like – money that is used to maintain a timeshare property. They can be used for routine maintenance, landscaping, pest control, utilities, and other everyday costs of running a timeshare. They also sometimes include special assessments, which are tacked on to maintenance fees to update facilities and amenities and for repairs not covered by insurance. Developers usually assess and announce these fees at the end of each year and divide them among all owners of the property.

While they are a necessary part of timeshare ownership, the cost of timeshare maintenance fees are what tend to cause people to get angry because they are often a guess of what things will cost for the next year and often tend to go up each year. Maintenance fees vary depending on the type of timeshare you own and how many weeks you have purchased, and can be as little as $100 or as much as several thousand. Since these are rarely covered in detail during timeshare sales presentations, new owners are often surprised when they receive their first bill. Failing to pay timeshare maintenance fees can result in timeshare foreclosure and serious damage to your credit, which is why many people often choose to get rid of their timeshare before they get in over their head.

If the cost of timeshare maintenance fees has gotten to be more than you can handle, or you can no longer warrant paying these fees for a property you rarely get to use, we can help. The timeshare resale companies we proudly recommend have been helping timeshare owners just like you get out of their timeshares for several years. These highly rated and reputable professionals can assess your timeshare and recommend the best way to sell your timeshare quickly in order to avoid having to pay any future fees or assessments on your property, and they do so without charging any upfront fees. This means that you don’t owe them a dime until you no longer have possession of your timeshare and your satisfaction is 100% guaranteed!

Our consultation is absolutely free, so you have nothing to lose when you contact one of our experience timeshare resale specialists. They will review your situation and recommend the best timeshare company to suit your unique needs. The road to timeshare freedom is only a click away!

 

Filed Under: Timeshare Tips Tagged With: , , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

What Is the Average Cost of Timeshares?

November 16, 2011 By

For families who want to enjoy exciting vacation opportunities around the world, many consider purchasing timeshares. But what is the average cost of timeshares? How much do they cost to buy, own, and sell should you find yourself unable to use or pay for your property in the future? These are all questions that you should ask yourself before you decide to purchase one of these vacation properties.

The price of your a timeshare is dependent on a variety of factors. Location, amenities, and size all compromise what your timeshare will cost. Because of those factors, timeshares can range from a few thousand dollars to over $100,000. Timeshare prices can often be high because they are meant to be life-long commitments, and are priced to be considered something that can be enjoyed (and paid for) over several years. Since prices can fluctuate drastically, the average purchase cost of timeshares is usually around $20,000.

If you really do intend to use your timeshare for a long-time, this may seem like a great deal! You family can enjoy a lifetime of vacations for Hawaii for $10,000? Who wouldn’t turn that down? However, it is the hidden cost of timeshare ownership that often gets propel frustrated. Maintenance fees and special assessments often start off low, but can quickly balloon out of control, especially if your timeshare is paid off. Average cost of fees for timeshares is around $800 per year – a cost may families are often unable to afford.

Add to these the costs of exchange club memberships, travel costs, interest and fees on possible mortgages, and the annual average cost of timeshares can be nearly $1,200, if not more.

For many families, this is money they can’t afford to lose. It is a mortgage payment, an investment for college, or savings for retirement. Because of this, many timeshare owners are turning to timeshare resale in order to relieve the financial burden of these properties.

We know first hand how frustrating owning and selling a timeshare can be. There’s no reason that people should struggle to own or sell timeshares, which is why we created TimeshareSecrets.com. We gather trustworthy and reputable timeshares resale companies who not only help people sell their timeshares for fair prices, but offer their services without upfront fees. You don’t pay a cent until you no longer have possession of your timeshare.

Whether the average cost of your timeshare has become too much to handle or you simply no longer can justify paying for a property you get little use out of, the companies we recommend can help you get out of your timeshare quickly and with zero hassle to you!

Filed Under: Timeshare Tips Tagged With: , , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Understanding Timeshare Sales

November 7, 2011 By

Timeshares can be extremely confusing for new buyers, especially because timeshares sales representative use evasive techniques to get you to buy these properties without fully disclosing all of the responsibilities associated with timeshares. Understanding timeshares sales is extremely necessary before you even consider buying one of these properties, and we are here to help you make educated decisions about your timeshare ownership before, during, and after your purchase.

When it comes to understanding timeshares sales, there are two main aspects you need to be aware of – length of and terms of contract, and fees and interest. In order to sell you a timeshare property, the sales person will tell you everything you want to hear while side stepping the sometimes less luxurious side of timeshare ownership. Owning a piece of property in an exciting location that your family can use for the rest of their lives is exciting, paying high interest rates and ever increasing maintenance fees for the rest of your life is not.

The fact of the matter is that timeshares are designed to be owned for the rest of your life, and beyond that in some case as they are often inherited by family members. Interest rates on timeshare mortgages are often very high, making paying them off difficult in some cases. Add to that the maintenance fees on the property that usually increase each year, and many owners find themselves paying more in fees and interest over the course of their timeshare ownership than the unit is even worth. Understanding this about timeshare sales often cause owners to want to look into selling their timeshares to avoid having to pay for a property they find themselves unable to use for the long haul.

To assist with timeshare resales and provide timeshare owners just like you a resource for finding reputable and successful professionals, we created TimeshareSecrets.com. Here you can find timeshare resale companies and other timeshare professionals who can help you get rid of your timeshares fast and affordably. The companies we proudly recommend handle all aspects of your timeshare sale and never charge upfront fees for their services. Should you choose to sell your timeshare, you don’t owe them a penny until you no longer have possession of your timeshare and are free of the hidden burdens of these properties.

Understanding timeshare sales and selling your timeshare once you have had your fill doesn’t have to be a confusing mess of paperwork and empty promises. Our companies and timeshare specialists can help you get rid of your timeshare fast, in as little as 24 hours in some cases, to help you relieve yourself of your property and the hidden costs that come with it.

Filed Under: Timeshare Tips Tagged With: , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Understanding Timeshares – What You Need to Know!

November 2, 2011 By

Timeshares can be a great opportunity for a family to have an affordable vacation place away from their homes, but they also hold the overwhelming opportunity to confuse and frustrate people. Understanding timeshares before you buy them can help you avoid having to sell your property later on as well as give you insight into what you can expect should you choose to get rid of your timeshare at some point.

The first step to understanding timeshares is to realize that these are not designed to be temporary purchases. Timeshares are meant to be lifetime commitments, and even longer in most cases as your family inherits them once you pass. However, many owners think they can just get a timeshare for a few years, get adequate use of them, and then dump the property. Timeshares can be extremely difficult, and even expensive, to get rid of so you should not be looking into purchasing a timeshare if you can’t make a long-term commitment to the property and the financial burdens that come with it.

Another large aspect of understanding timeshares is that even though you may have gotten a great deal on the initial price of the property, there are other financial commitments attached to the agreement as well. At the forefront are maintenance fees. These fees are assessed on a yearly basis by the developer or HOA and used in the upkeep of the property. These may also contain special assessments for unforeseen costs that are not covered by insurance, such as unit upgrades, storm damage, and pest control. This means that maintenance fees often increase each year and rarely go back down once they have. This fact alone causes many timeshare owners to want to sell their property, since over the course of your ownership you can potentially pay more in fees than you did for your timeshare.

Despite having a good understanding of timeshares, a large amount of timeshare owners still find themselves purchasing and then wanting to get rid of their timeshare at some point. Whether they don’t use the property as much as they anticipated or no longer can or want to pay the mounting maintenance fees, selling timeshares has becoming a popular trend in recent years.

Unfortunately, selling timeshares can be extremely complicated. The market is flooded with resale properties, and without the right professionals working on your side it can take months, even years to sell your timeshare. That’s why we created TimeshareSecrets.com. We know how tricky and frustrating this process can be, which is why we gathered the industry’s most reputable and successful companies into one convenient location to best serve you.

The BBB top rated companies we recommend handle everything for you, from communicating with you developer to transferring the title and everything in between – and they do so without charging upfront fees! And if they can’t sell your timeshare, they will refer you to someone who can help you. No other company will make you a no hassle, zero risk offer like that!

Filed Under: Timeshare Tips Tagged With: , , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Timeshare Foreclosure Laws – Are You at Risk of Timeshare Foreclosure?

October 19, 2011 By

As people reevaluate their family budgets and cut the fat to save money for more important things, timeshares are often the first to go. However, many owners don’t realize that timeshares are subject to foreclosure laws, just like other pieces of property, and that in order to avoid the havoc this can wreak on your credit you must take the property steps to get rid of your timeshare if you no longer want it.

One of the biggest misconceptions that people have about timeshares is that they are not actual pieces of property. Timeshare law views these units as owned pieces of property, even though you only own a portion of it. When people no longer use or can no longer afford their timeshare, many simply quit making payments on the property. Even if you have paid off your timeshare mortgage, if you fail to pay the maintenance fees you can be subject to timeshare foreclosure law and all the consequences that come with it, including a foreclosure on your credit report which can cost you as much as 300 points!

If you are unaware of timeshare foreclosure laws and feel you may be as risk of foreclosure on your property, there is still hope. Many developers don’t want to deal with the hassle of listing a timeshare as a foreclosure and will work with you to get caught up on your payments. Even if you no longer want or can afford to keep your property, staying out of timeshare foreclosure is an absolute must, as you cannot sell a foreclosed timeshare.

In order to help you stay out of timeshare foreclosure and help you sell your property as quickly as possible, we have gathered the most reputable and experienced timeshare attorneys and timeshare resale specialists in the industry to help you. These timeshare law experts are well versed in timeshare foreclosure law and can help you avoid this costly process. They have built strong relationships with timeshare developers and can keep you from doing serious damage to your credit. The companies we recommend can also help you sell your timeshare fast – in as little as 24 hours in some cases – to keep you out of foreclosure and get rid of your timeshare for good.

Each timeshare company we recommend maintains an A+ rating with the Better Business Bureau and never charge upfront fees for their services. With years of experience working with timeshare developers and owners, the timeshare attorneys and specialists we offer have a proven track record of helping owners just like you become aware of timeshare foreclosure laws and selling even the most difficult timeshares. And if they can’t help you, they will refer you to someone who can. Where else will you find a better offer than that?

Filed Under: Timeshare Tips Tagged With: , , , , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Timeshare Law – What Do You Need to Know?

October 18, 2011 By

When people decide to buy a timeshare, it is usually a split decision. In many cases they have attended a very persuasive sales presentation in which the representative has outlined all the wonderful benefits of owning a timeshare, but of course left out the less exciting part, including timeshare law and what you need to know before you buy into one of these properties. You wouldn’t buy a house or anything else without first knowing the rules and regulations behind ownership, what your responsibilities are, and what happens to you if you don’t hold up your end of the bargain, would you? So why do so many people do this with timeshares?

The fact of the matter is that timeshares are considered to be pieces of real estate, just like a house, and fall subject to many of the same laws. Where timeshare law is a little different is that you only own a portion of the property, however, this does not exclude it from many of the laws surrounding any other real estate property, including foreclosure if you fail to pay. Also complicating the matter is that timeshare contracts often contain a lot of fine print and it can be very easy think you know what is going on. Timeshare agreements make it very difficult for you to get out of them, can be very easy to breech, and timeshare developers are often not liable for anything since they make it a point to protect themselves from loss and trouble first and foremost.

Because timeshare law is so tricky, it is often recommended that you consult with a timeshare attorney before you buy so that they can review your contract to ensure it is something you actually agree with. Timeshare lawyers are often real estate attorneys who specialize in timeshare law in order to protect people from making bad decisions. However, as is the case most of the time, people usually don’t seek the help of timeshare attorneys until they run into some hot water. Timeshare foreclosure, trouble selling the property or getting out of the agreement, and even grievances with the developer all are common reasons that people decide to contact these law professionals after they have already signed the agreement.

We understand how easy it can be to get pressured into buying a timeshare before you have had time to get proper advice and how quickly you can spot problems in your contract after the fact. This is why we have found some of the industry’s most successful timeshare law experts to help you. These experienced and diligent professionals can review your case and determine the best course of action to take in order to quickly and efficiently solve your problem starting today!

Filed Under: Timeshare Tips Tagged With: , , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Picking a Timeshare Resale Company – What to Look Out For

October 17, 2011 By

What should I look for in a timeshare resale company?

This is an all-too-common question, but it is probably the most important one to ask if you’re looking to resell your timeshare. After all, the Internet (as well as the timeshare industry as a whole) is crawling with companies that over promise and under deliver. How do you keep yourself from picking the wrong resale company?

Investigate

The first thing you should do before paying any one – no matter what their service – is to investigate/research the company. It isn’t hard to make yourself sound good on a website, pamphlet, or business card. As such, you should never take any company or person by their word alone.

Here is some vital information you should research:

  • How long has this company been in business?
  • Have neither the Better Business Bureau, nor the Online Business Bureau, certified this company as being legitimate?
  • Do they promise the immediate sale of your timeshare?
  • Do they ask for upfront fees?
  • Do they pressure you into making decisions?

All of these traits are characteristic of shady timeshare resale companies. They want to get your money by any means necessary, and often they will promise what they cannot deliver: the immediate resale of your timeshare for close to what you paid for it. If anything remotely similar to that promise comes out of their mouths, take your business elsewhere.

So many resale outfits crop up online because it’s easier to fake their services that way. They can woo you with an idealistic approach to selling timeshares, but once they get your money your property goes on a listing and they never pay attention to it again. They can still tell you that they’re advertising your timeshare, so as far as they’re concerned they’ve lived up to their end of the agreement. The problem is that they won’t actively pursue finding you a buyer, which is what you need.

So, what should I look for then?

When choosing a resale company, you want honesty over anything else. Legitimate companies will promise one thing: that they will try to find you a buyer. They will tell you how good/bad your chances are, and they will support their claim using current market data, but they will never guarantee a sale until the work has been done.

You should also look for a company that does not pressure you into acting on any deal on the spot. Legitimate companies will advise you, but they won’t force you to do anything. Again, anything they tell you can be supported by current market data; all you have to do is ask for it.

We only provide our customers with information on companies that have earned their good reputations within the industry. If you would like to get rid of your timeshare without getting duped or lied to, fill out the form below. We’ll put you in touch with a timeshare specialist who will help you get the ball rolling.

 

Filed Under: Sell Timeshare, Timeshare Tips Tagged With:

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Proven Timeshare Exit Strategies

October 13, 2011 By

Are you a timeshare owner looking for an exit strategy?

If you are looking to get rid of a timeshare that has been draining your finances, we can offer you relief. Despite what people tell you there are ways to get out of your contract. Some are more expensive than others, but every method is guaranteed to save you money in the long run.

Rescission Period? Get out today!

The cheapest and easiest way to remove the burden of rental properties is to cancel your contract within your rescission period. The only downside to this method is that it is extremely time sensitive, and may only be useful to recent owners.

A rescission period is an allotted “cool off” timeframe that lies hidden in all timeshare sales contracts. It guarantees the potential buyer has a short period (usually between 3-15 days, depending upon location) to cancel a contract without incurring any financial loss. Most salespeople skip this section of the contract entirely during presentations, so it’s important that you take the time to thoroughly read your copy of the contract.

In order to act upon the rescission period, all you have to do is write a formal letter to the developer stating your intent to cancel. Make sure to include your name is it appears on the contract, the date you signed the contract, as well as your contract number. To ensure the developer does not try to claim you did not send the letter within your rescission period always send the letter via certified mail.

Resell Your Property

One of the benefits of the Internet is that there are numerous avenues to explore if you want to resell a timeshare. From Ebay to certified resale companies, no matter how long you have owned a property, there are ways to connect with potential buyers.

Sites like ebay are good for owners on a tight budget. The listing fee is nominal, and you have the benefit of the site’s million+ users who might see your listing. The downside lies in the competitive nature of these sites. They are flooded with listings, and to ensure your sale you will have to take massive losses on your asking price.

If you opt to use a resale company you’re bound to have better luck. While this is a more expensive method, you can rest easy knowing that professionals are handling your sale. Just make sure to avoid any company that asks for upfront fees, and always stick with a company with a solid reputation.

There are many untrustworthy companies out there, so we would advise you to let us set you up with a company in good standing within the timeshare resale industry.

Donate Your Timeshare

This is the last option we would recommend to you, but when you have exhausted all other resources donating a timeshare is an option if nothing else. The thing to watch out for is that some charities accept timeshare deeds, but fail to legally transfer the title once the deal is done. This can result in you paying for a timeshare you technically no longer own.

If you’re going to pursue this means, we strongly suggest doing so through a timeshare attorney. He/She will make sure that all paperwork and transfers are taken care of.

 

If you want to leave your timeshare contract behind, fill out the form at the bottom of this page. We’ll set you up with a specialist who will provide a free consultation, as well as help you decide the right course of action.

 

Filed Under: Sell Timeshare, Timeshare Donation, Timeshare Tips Tagged With: , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Timeshare Attorneys in Florida – Escape Your Contract NOW

October 13, 2011 By

If you live in Florida and are looking for a timeshare attorney to help you break free from your rental property contract, we can help.

Now, obviously there are going to be some expenses related to working with a timeshare attorney. The important thing is that you find a group that provides free consultations, and will not over charge you for their services. You also want a timeshare attorney who will take your situation seriously, and act in the utmost professional manner possible.

 

 

Keep in mind that you should refrain from working with attorneys who ask for upfront fees. It is also important to find a law group with a solid reputation, and who won’t tack on extra fees on top of the necessary costs involved with this procedure.

(INSERT PHOTO OF GAVEL)

Finding such an attorney in Florida is actually quite simple, and this should not come as a surprise to any one. Florida is the rental property capital of the United States, after all. As a side effect of this, timeshare law has become quite a specialty in the area.

We work closely with several attorneys who focus on helping people like you get rid of your timeshare burden, and we guarantee that we will not put you into contact with any group who hasn’t met both out standards – as well as the strict standards of the state of Florida. When you enlist our help, we promise to do all that we can to aid you in your journey to normality.

Whether you’re looking to sell a timeshare, or simply want to cancel your contract with as little stress as possible, it is imperative that you get in contact with a timeshare attorney today. As we mentioned earlier the services will cost you, but any fee an attorney asks of you is arguably less than the money you’ve already spent on your timeshare.

We have helped countless people in your situation find the right attorney for their needs, and we believe we can do the same for you. Whether you want an attorney who specializes in timeshare resales, or you need some one who can help you cancel your contract, our specialists can lead you in the right direction.

Fill out the form at the bottom of this page and get started on the road to recovery today.

Filed Under: Sell Timeshare, Timeshare Tips Tagged With: ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

Sell Your Timeshare Without Paying Upfront Fees

October 12, 2011 By

There are many options available to any one who wants to sell a timeshare, but finding the right option is another thing altogether. Don’t let your desperation or anxiety drive you to pay upfront fees in order to accomplish your goal. We know it’s scary looking down the barrel of the loaded gun that is timeshare ownership, but stay composed. We can help.

You see, in spite of what the well-trained salesperson told you, you are never locked in a contract with no hope of escaping down the line. Getting rid of a timeshare can be as simple as selling it, and there are plenty of resale companies out there willing to help you. Only, the problem is, some want you to use their services for an expensive upfront fee.

Fees should never be paid to any company until a job is done– no matter their services – because they are essentially asking you to pay for them to take a shot in the dark. And make mo mistake that is the perfect metaphor for how these companies do business. They are profiting off of doing the very least amount of work possible.

The company I spoke to say they guarantee my timeshare will sell. They just want a standard upfront fee.

This couldn’t be further from the truth. Timeshare resale companies that ask for upfront fees generally operate the same way. They tell you they already have a buyer lined up, or that they will advertise your timeshare property tirelessly. Any legitimate company will be upfront and honest by telling you that there are no guarantees when it comes to timeshare sales or resales.

Selling these properties is an endeavor that relies on the patience of both the owner and the resale company. There is no such thing as a “sure thing” in this industry, even for the resort developers selling timeshares in the first place. When a company tells you they already have a buyer lined up, what that really means is, “Give us some money, we’ll post it on a listing page, and we’ll see what happens”. That is the extent of the service these companies provide.

You’ve already lost money on your timeshare, so don’t lose any more trying to get rid of it without results. Fill out the form below (or on our homepage) for a free consultation, and we can set you up with a certified specialist who will help get things started. And, best of all, we promise none of the companies we work with will ask for upfront fees.

Filed Under: Sell Timeshare, Timeshare Tips Tagged With: , ,

Enough Lies! Learn the Truth About Selling Your Timeshare!

Timeshare Secrets Dan and Donna Connelly

As former timeshare owners, we remember how hard it was to find practical advice on selling our timeshares.

You probably feel the same way. You don’t want some sleazy salesman pushing yet another “listing service” which only ends up taking more money out your wallet.

In other words, you don’t want hype… you want results.

Learn more…

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