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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: , ,

Sell A Timeshare — No Upfront Fees!

October 10, 2011 By

Are you looking to sell a timeshare with no upfront fee?

We personally know how difficult selling a timeshare can be. Sure, there are many places that will promise to take care of it for you, and all they ask is an innocent upfront fee. As it turns out, once all is said and done, that fee might just end up costing you hundreds of dollars – and guess what; your timeshare couldn’t get sold!

So many companies out there offer their services, but for a price. The dirty secret they don’t want you to know is that as soon as you pay an upfront fee, those companies stop working for you. They may try to list your property, but that’s the extent of their service. You’ve essentially thrown money away at this point. The key is to finding the right company to do business with, and we can help.

We’ve been in this business a long time, so we know what to look out for. If you allow us to help sell your timeshare property, we will go through only the most credible timeshare resale companies in order to help you shed the burden of ownership and expensive annual payments.

Stop falling for companies that overpromise and underachieve. We will put you in contact with legitimate buyers, all of whom deal with most of the major resorts and timeshare developers in the industry. Best yet, we promise to never charge upfront fees of any kind.

As it happens, the only thing we don’t promise is to have your timeshare sold over night. While we have access to many buyers and resources, we know that getting rid of a timeshare is more difficult than buying one. We have been burned, so we know exactly what you’re going through. Sadly for us (but luckily for you) we know no what we didn’t know back then.

Stop paying upfront fees, and let us help you. All you have to do is fill out the information below to start your journey to relief.

 

 

Filed Under: Sell Timeshare Tagged With: ,

Sell Your Timeshare in California — Stop Paying Maintenance Fees Today!

October 6, 2011 By

Selling a timeshare in California can be one of the easiest tasks in this industry. Much like Florida, California is a vacationer’s dream – and it has its very own Disney Theme Park, not to mention Lego Land! There are ample sites to see beaches, vineyards, Hollywood… the list goes on and on.

Unfortunately, no matter how cool a place can be at first, you can find yourself getting very tired of the same old thing. When this happens, you might consider getting rid of your timeshare in California. When it’s time to move on, it’s time to move on, right? Why pay maintenance fees for something you aren’t using?

Remember back to when you bought your timeshare, and the salesperson mentioned that you could always exchange your current resort or destination for another one down the line? If you have tried to do this, you might just know exactly how hard a task this can be. After all, you were talked into buying a timeshare week, not timeshare points.

 

 

The downside to owning a timeshare in California is that may others do as well. This is unfortunate if you would like to exchange your week, as other owners might not feel the same. However, there is a silver lining to this cloud.

You see, given how in-demand timeshares in California are, you should have almost no problem selling yours. Many tourists here in the US and abroad are chomping at the bit to visit California. This is due in part to its being very different from, say, the East Coast in terms of attitudes and weather. It draws in crowds, many of whom would like to own a vacation property.

On Ebay alone California makes up the 2nd highest timeshare resale territory in the US. There’s clearly a demand for your property. All you have to do is use our resources and follow our advice. We can help you by finding a reputable timeshare resale company. You’ll have that timeshare in California sold in no time, and you won’t have to worry about Maintenance Fees ever again.

 

Filed Under: Destinations, Sell Timeshare, Timeshare Tips, Top Travel Tagged With: ,

The Only Timeshares FAQ You Need to Read

October 6, 2011 By

Timeshares FAQ: Learn How to Sell Before You Sell

We know firsthand that Timeshares can be confusing, and frankly many feel that they are much more intimidating than they have any right to be. To an extent this is true, but part of the intimidation comes from a lack of knowledge. Below is an FAQ loaded with the most common questions regarding the sale of timeshares.

 

  • Q: I bought a timeshare. That means I am stuck with it, right?
  • A: Actually, no. Timeshares may sound like a life-long commitment, and maybe that’s how they’ve been sold to you, but in reality there are numerous ways to getting rid of your timeshare.
  • Q: How can I get rid of my timeshare then?
  • A: An owner can get out of a timeshare contract in many ways. For starters, owners can send a Rescission Letter if they are still within their contracted Rescission Period (check your contract to see how long you have, as rescissions vary from state to state, as well as from country to country).
  • Q:What if I am past my rescission period? Am I stuck?
  • A: No. While it becomes more difficult (and expensive) to get out of timeshare ownership once a rescission period has passed, owners are far from stuck. They can still sell their properties, and in some cases they can donate them.
  • Q:How can I sell my Timeshare?
  • A: If you’re looking to sell a timeshare you no longer want, there are two main options. You can either sell on your own (using classified ads in newspapers, ebay, and so forth), or you can use an intermediary Resale Company that specializes in the resale of timeshares.
  • Q: I still owe payments on my timeshare. Will this hinder my sale?
  • A: No, it will not. Once you sell a timeshare, the buyer takes over the payments. Just be kind and make a mention in your listing if a payment is coming up. That way however buys your timeshare knows in advance when the next payment is to be made.
  • Q:How should I go about picking a reliable Resale Company?
  • A: By and large, most resale companies are the same. All the same, finding the right timeshare resale company is like anything else: You want to shop around. Check online for testimonials, read forums where former timeshare owners share their experiences (good and bad). Do your research. The best way is to follow the tips listed here on timesharesecrets.com, as we are experts with this sort of thing.
  • Q:I already got scammed into buying my timeshare, how do I know I can trust you when it comes times to sell?
  • A: We have been scammed as well. That’s why we started this company in the first place. We know how expensive timeshares can be, and we wouldn’t wish that burden on any one. Add to that we are listed by the Online Business Bureau as a legitimate business, and have been since we first opened our online doors.
  • Q:Do I need an appraisal before I can sell my timeshare?
  • A: No, you do not need to have your timeshare appraised before selling it. This is because timeshares are not technically your property. The resorts and developers who sell them in the first place own the property you’re sharing. You merely own a timeslot, and as such need not worry about such things.
  • Q:The resale company I spoke with told me I needed an appraisal, and that they would do it for me for a fee. Should I listen to them?
  • A: No, you should not. Resale companies know how these sales work, so they already know appraisals aren’t necessary. If the company you are speaking with demands any kind of upfront fee before they list your timeshare, they are likely only trying to rip you off. Find a new company.
  • Q:I found a company that told me they already have a buyer lined up. Is this too good to be true?
  • A: Unfortunately it is too good to be true. Selling timeshares is a tough process, and can take weeks – sometimes even months in rare circumstances. If a company promises you an immediate sale, they’re likely lying. They will charge you an upfront fee for listing, and then you’ll never find a buyer.
  • Q:You mentioned earlier that I could donate my timeshare?
  • A: We did, but we should make clear that this should always be your last option. You see, donating a timeshare can be a difficult process. With the economy as it is, and with the poor reputations these rented vacations have, many organizations will not accept such donations. Also, there are many cases in which people have donated their properties only to find that they still own the contract, but that some one else is using them for free. If you do intend to donate your timeshare, make sure to deal only with a reputable and well known organization.

 

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