Monday, September 6, 2010
Are Timeshares Really That Valuable?
A timeshare property is considered one of the most valuable possessions a family could have. Aside from its monetary value, timeshare ownership’s main purpose of existence is to provide cost-effective, less hassle, and high standard vacation get away for you and your family. It centers into the idea of quality vacation experience that is greater than the monetary value.
But there’s nothing more valuable than to save your family from further and future financial obligations. A timeshare unit’s payments don’t happen only once but several times. Say you would be paying for as much as one thousand dollars in the first five years of your ownership. The payment doesn’t guarantee you of the same price as it may increase in your 6th, 7th , 8th , etc. year of your ownership. If you have acquired a deeded property, you will forever suffer the maintenance costs and this responsibility may be passed on to your children once you depart.
And so before you could feel the hardships timeshare ownership brings, it is best to settle your property as soon as possible. What I mean of settling here is to give up your timeshare ownership since it won’t do good on you and your family’s finances in this times of crisis and in the future. I’m sure your method of settling would be to resell your unit.
The dangers of reselling are obvious these days. And so why should I encourage you on that? Reselling through illegal resale companies will again add to your burden since they require upfront fees for ‘advertising’ yet they don’t do anything at all. They often say they would reimburse your investment after the period of which the unit should already be sold. They eventually won’t honor their promises and yes they don’t put it on paper so you won’t have anything to defend.
There is a timeshare relief that will surely be the answer to your needs. A transfer title system assures you of a lifetime of timeshare freedom. All you have to do is to comply the first two requirements which are to pay the unit in full and keep the maintenance fees up to date. You will find yourself free from it the moment it is successfully transferred.
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