Tuesday, October 30, 2012

Avoid Timeshare Resale Companies!



Timeshares are a tricky thing. At first, they seem like such a great purchase. Who wouldn’t want to reserve a few weeks at a vacation condo by splitting the cost with hundreds of other buyers?

Unfortunately, like most things in life, there’s a catch. When you consider the hefty initial payment, consistently rising maintenance fees, and special assessments that blindside owners, timeshare ownership far exceeds the cost of conventional vacations. These fees are so outlandish due, in large part, to the fact that the resort’s marketing campaigns are responsible for nearly 50% of the final timeshare price. These wildly aggressive strategies lead to a huge mark-up in your costs.

On top of the costs associated with owning a timeshare, it’s important to remember that they can also be extremely expensive to sell. Most resale agencies require a significant upfront sum to list your property, and they continue to charge monthly fees until your timeshare sells. Overall, listing your timeshare will cost you thousands, and they rarely sell, even after your financial commitment.

Of course, timeshares rarely sell due to a number of factors, not the least of which is that the reseller has little motivation to do so as long as their clients continue to line their pockets. Coupled with the fact that a large number of these companies are nothing more than fronts for scam artists, timeshare resale companies simply aren’t the way to go. Usually, people only turn to them when they’re desperate to dispose of their contract, only to lose hundreds, if not thousands, more in the process. In fact, according to The South Florida Sun-Sentinel, complaints about timeshare resale companies doubled in 2009 to become the most frequent complaint reported to the state’s Attorney General.

These fraudulent companies do an excellent job of disguising their true nature, so here are a few suggestions to help you determine the soundness of the company:

·         Verify the business’ physical address: This is a surefire way to determine the validity of the business.
·         Do your research: A simple way to ascertain the legitimacy of the company in question is to contact the Better Business Bureau and the state Attorney general.
·         Look for the guarantee: If the reseller doesn’t offer a full and guaranteed money-back refund of your money if you aren’t satisfied with their service, DO NOT COMMIT to anything in writing!!

Considering the many drawbacks of listing agencies and the fact that many of them are illegitimate, I strongly urge you not to enlist their help. The surest way to avoid being scammed by a resale company is to not seek out their assistance in the first place. But there is an expedient, affordable, and sensible way to end your timeshare ownership.

The best option for timeshare owners who are looking to dispose of their timeshare contract is to enlist the help of Newton Group Transfers for a guaranteed exit from your timeshare. Unlike resellers, we offer the following features to keep you confident and informed throughout the process:

  • ·         All pertinent information is documented in writing.
  • ·         An immaculate track record that can be referenced and verified via the BetterBusiness Bureau.
  • ·         A swift transfer of your timeshare property with a nominal, one-time fee.
  • ·         Every detail of the terms and conditions of the service offered.

We urge you to be diligent in your search for an efficient and expedient timeshare exit solution. We realize that most timeshare owners have dealt with less that reputable individuals and organizations in the past, and we understand the hesitation to move forward with an exit solution that requests an upfront fee. However, the bullets above speak volumes about our credibility and our honest commitment to our customers. We have our client’s best interests in mind, and we will work tirelessly and honestly to remove you from your timeshare obligation. So please contact us today at 1-877-354-4321 or visit us online at www.newtongrouptransfers.com to liberate yourself from your timeshare contract.

Tuesday, October 23, 2012

Relieve Yourself of Timeshare Stress

Are you a timeshare owner who feels like you’ve been manipulated?  Are you looking for relief from your timeshare burden?  Regardless of why you are feeling dissatisfied, removing your family from a timeshare obligation can be a difficult task.

It seems as though there are several viable options for removing yourself from your timeshare: selling your timeshare outright through a listing company, donating your timeshare to a charitable organization, or simply abandoning your obligation.  However, given the state of the timeshare market, none of these solutions are as feasible as you might think.  Therefore, the best option for a rapid, convenient, and affordable exit solution to your timeshare obligation is to contact Newton Group Transfers.

Removing yourself from a timeshare contract is nearly impossible to do on one’s own.  Unfortunately, when individuals begin to despair over their attempts to end their timeshare burden, they choose to contact real estate agents and listing companies who simply cannot deliver on their lofty promises.  However, their dishonest practices will not deter them from charging you absurd fees for their unresolved work.

Even if you try to make a charitable donation of your timeshare, the truth is that they most likely will not accept it.  Charitable organizations will gladly accept gifts of assets, but since timeshares are considered a liability, they usually deny your donation. Like most individuals and families, charities are discovering that timeshares are nearly impossible to sell, and they don’t want to be burdened by the increasing maintenance fees and special assessments while waiting to move the timeshare…

A new trend in the timeshare industry is the practice of developers renting vacant timeshare inventory for significantly less than the actual owner’s high maintenance fees.  Obviously, this new strategy by the developers has infuriated thousands of timeshare owners.  This unfair business practice places the resort in direct competition with the timeshare owners that they once claimed to care about.  In most cases, the actual timeshare owner is unable to match the discounted rates that the resort offers.  Thus the owners are forced to lower their rent considerably, which basically defeats their chances at collecting any significant return on their “investment” through renting.  When families can afford to rent to cheaply, it makes no sense to buy.  Therefore, the market for purchasing a timeshare has bottomed out over the last several years.

Not only are the resorts and developers eroding the resale industry, but the slumping economy itself has also dealt a large blow to the resale market for timeshares.  As most family’s incomes have been decreasing, so to have their travel options.  Vacations are viewed as a luxury that many families simply don’t have right now.  Those families that are able to vacation, use their time and money to visit with relatives and friends rather than resort destinations.  This shift in vacation philosophy has largely contributed to the current timeshare crisis.

With so few buyers on the market due to low rental rates and a change in vacation culture due to the slumping economy, competition for the few buyers that do exist has become a veritable battleground.  So when listing your timeshare doesn’t work, when donating your timeshare doesn’t work, and when renting your timeshare doesn’t work, don’t despair.  After all of your frustrations, you have come to the most viable option for timeshare disposal… Newton Group Transfers.

We guarantee that we will transfer the timeshare from your name, effectively eliminating all future maintenance fees and special assessments.  Please call or contact us either by phone at 1-877-354-4321, or by entering your information in the space provided on the website to avoid any further maintenance fees or special assessments.  At Newton Group Transfers, we know that removing yourself and your family from your timeshare burden can be a stressful endeavor, so please contact us today and be rid of your timeshare obligation once and for all!