Can You Transfer a Timeshare to a Family Member? As tempting as the idea of vacation ownership sounded, years of paying annual maintenance fees, special assessments, and other costs sour the experience for many. Because selling timeshares is nearly impossible and getting timeshare companies to take their units back is
How to Negotiate With Timeshare Companies for a Contract Exit Though getting into timeshare ownership is fairly easy, getting out can be quite a bit more difficult. Timeshare cancellation does present a way to get out of a timeshare purchase agreement with relatively little difficulty (and a full refund), but
The Ultimate Guide to Exiting a Timeshare The timeshare developer lured you into a timeshare presentation, where a salesperson pressured you until you signed a contract. Maybe you even thought it was a good idea at the time, but as the annual fees and other timeshare expenses pile up, you
How to Negotiate a Timeshare Exit and Get Results Trying to extract yourself from timeshare ownership is no easy task. Standing in your way are the timeshare resorts — huge companies that have devoted millions of dollars and decades to crafting contracts that are tough to escape. When you’re up
Understanding the Financial Implications of Exiting a Timeshare When it comes to understanding the financial implications of exiting a timeshare, you may be thinking, “Of course I understand them! I am paying a fortune in annual maintenance fees and special assessments, and I can’t afford it!” That is a reasonable
Wondering How to Transfer a Timeshare to Someone Else? Timeshare owners who regret their purchases will often try a variety of timeshare exit strategies. One that is often discussed is the possibility of a timeshare transfer. While resale is often difficult or impossible (due to the lack of a serious
A Guide to Understanding Timeshare Maintenance Fees The idea of vacation ownership can sound attractive. Who wouldn’t want to have their own slice of paradise? But timeshare owners eventually learn it’s not that simple. Not only do you have a mortgage and other expenses, but you must also pay annual
A Guide to Understanding the Secondary Timeshare Market Most timeshares in the United States are sold via glitzy, high-pressure timeshare presentations by salespeople desperately trying to close. People who may be interested in a timeshare but not up for that kind of upsetting experience may be looking for another way.
Common Timeshare Scams and How to Avoid Them Every industry has scammers and cheats, but the vacation ownership industry tends to attract more than most. From predatory sales staff using high-pressure sales tactics to shady “timeshare resale companies” seeking huge upfront fees, forewarned is forearmed. To that end, in this
The Role of Arbitration in Timeshare Disputes Timeshares are among the most expensive, financially destructive products one can purchase. And, if you were tricked or defrauded into purchasing a timeshare, you might be thinking that you should hire a lawyer. But before you do that, you should learn a bit
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