Timeshare Ownership: A Solution to a Dream Vacation

Timesharing has always been there to answer our dreamed getaways. For years now, people are still investing and enjoying this kind of ownership. The idea of trading weeks and having a chance to spend and try resorts almost on any places is a wonderful treat for yourself and to your family.

Timeshare units bring about wonderful experiences. These are resorts you own over a week. Imagine a slice of ownership, enjoyed in a once in a year blast, with minimal maintenance over taxes and other fees. It is like getting a mortgage but with a different twist.

Scout diligently market son timeshare over the internet. Prices might range from $500 to $5000 depending on the week you want, location, amenities and other details. This is actually cheaper compared to a on week rental in a resort in the same vicinity. Typically, you will only be paying a small amount upfront or will serve as a partial payment. The remaining fees will be collected on a yearly basis so as to pay the maintenance of your unit.

However, after a few years, if it comes that you no longer interested in your timeshare property, you can actually put it on resale over the net. There are lot of websites where you can post your resale. The trick is to have it on a reasonable price. This will attract potential buyers. The sooner you’ll get a buyer, the sooner you’ll earn from your timeshare.

After all, it’s all investment. Enjoying your timeshare opens you to a lot of adventures, options and experience just put up some yearly maintenance fee which is will actually cost you less than your average rental. You can even pass it on to your heir. In the end, if you feel like moving out, then you can always put it on sale and get the money back you have invested.

Timeshares are wonderful options available in the market. It’s worth a try.

Emerging Chinese Market a Good Sign for Hawaiian Timeshare Industry

The American tourism and timeshare industries have never given much attention to tourism from China. The Great Wall of China, the long fortress which kept the country’s enemies at bay thousands of years ago, is now also a symbol of how much the rest of the world is cut off from China in terms of communications and marketing.

Slowly however, with the increasing convenience of air travel, more and more Chinese tourists have been coming to North America, and the US tourism industry has noticed it.

The number of well-to-do Chinese vacationing in the United States is expected to rise by 15 percent this year. Majority of these more than half a million Chinese tourists will be headed to Hawaii.

Despite the negative effects on worldwide travel caused by the H1N1 flu pandemic last year, Chinese tourism to Hawaii has remained strong.

Honolulu Star Bulletin quoted Mike McCartney, president and chief executive of the Hawaii Tourism Authority as saying, “Chinese visitors have become Hawaii’s highest daily spenders, and recent bookings show that outbound travel from this growing market is picking up again.”

A sales and marketing team from the Hawaii Visitors and Convention Bureau is scheduled to fly to Shanghai within the month to promote Hawaii as a top meeting and convention destination.

This projected rise in visitors from China means there is an emerging new market for timeshare owners looking to resell or rent their Hawaiian timeshare weeks out to the tourists.

Timeshares in the islands of Hawaii have always been prime and exotic properties. However, with the current economy, most American vacationers now prefer holidays spent closer to home in order to save on airfare. This puts Hawaii vacations out of the question. But with international markets like the Chinese, should they prefer to travel out of their respective countries, Hawaii is always the perfect tropical getaway destination.

Interestingly, it seems Hawaiian timeshares have been gaining strength. Reports say lately, occupancy in Hawaiian timeshares has exceeded those of Hawaiian hotels.

Asian Timeshare Company Enters Caribbean Market

The Caribbean is the closest thing American travellers have to a foreign vacation because of its close proximity to the mainland USA. With its pristine turquoise waters, white sand beaches and warm sunshine, along with affordable yet quality entertainment and dining options, no wonder timeshares in the Caribbean group of islands is the foreign vacation destination of choice of most Americans. It has also become a popular choice for vacationers from Europe and South America.

The Karma Royal Group, considered the largest independent resort developer today, is now venturing into the Caribbean market. It recently announced the development of Karma Bahamas, an upscale Karma Resort, which will be the Asian timeshare company’s first foray into the Caribbean timeshare resort market.

Through an agreement Mango Bay Bahamas, the owners of Little Harbour Island, Karma Royal will develop the area as a Karma Resort Caribbean shared vacation ownership property. The resort will be accessible by an approximately five-minute boat or ferry ride from Harbour Island. Harbour Island houses stylish and elegant private homes and villas owned by international celebrities, sports personalities and Hollywood stars.

Construction on the luxurious and lavish Caribbean shared vacation property has already begun. The marina has been set in place and several villas for shared vacation owners are already complete. Upon completion, the Karma Bahamas Resort is expected to feature magnificent three and four bedroom timeshare villas. There will also be one, two and three bedroom townhouses for groups with fewer people. Hotel suites will also be made available. The resort will also have a spa, gym, clubhouse, numerous restaurants, and the best hotel amenities.

As this lush resort is yet to be completed, for now there are many other timeshare resales and Caribbean timeshare rentals around the Caribbean that offer reasonably priced luxury vacation opportunities for your perfect Caribbean vacation indulgence.

Timeshare Resale Scams being a No. 1 Fraud is Affecting a lot of Owner’s looking for Relief?

Timeshare resale scams turned out to be the number one fraud that was reported to the state attorney general’s office in the US. Timeshare owners who seek for timeshare relief are greatly affected with this situation. About 18 months ago, the attorney general’s office first noticed timeshare scam complaints to surge.

A lot of consumers already fell as victims of these scams, losing hundreds or thousands of money. This is because owners have been giving out money collected as fees by the resellers. These owners have been called up and convinced that prospective buyers are willing to buy their timeshares. The selling process can just be started as soon as owners start paying such listing or appraisal fees. Only to find out that in the end, there was no actual selling that happened but just a scammer pocketing the owner’s money.

Knowing that a reseller is having the intention to do a resale scam is simple. Resellers would just contact you even though the timeshare is not posted in the market and would ask for certain fees with a promise to be able to sell the property in no time.

Until now, this has remained to be a threat to owners. Authorities find it hard to track down or identify these scammers as they are like fly by night people. So rescale scams continue to have an increasing rate of offense against the law.

It’s just up to these owners to be watchful for these scams if they need to remain patronizing resale companies because of the desire to get rid of their timeshares.

Guidelines for Timeshare Owners Need not end for Relief

Why do timeshare buyers want to get the best? Of course, they will be investing their money, time and effort. No doubt they wanted to see that what they had bought would be worth it. They would take care of their investments as much as they would like to and never want to end up needing timeshare relief.

Aside from the part that timeshare buyers should have, let’s look into the other considerations
needed:

• A timeshare company must have a good reputation in the business industry, I doubt if anybody would want to be partners with a firm that is not taking good care of its name.

• Some reputable firms have point system which you can request to know about. Then you can check if they are selling the timeshares more if they have this point system. It will be your basis for deciding if you will go on with buying a new or a resale one.

• Checking the actual location and size of the unit is a must for all buyers. Brokers will be much happy to assist buyers in checking out the site because it will be an opportunity for them to convince buyers and hopefully to sell the property.

• The moment you are at the site, try to ask the neighbors what they have to say about the management and amenities. It’s an easy way of researching about the timeshare you are being offered.

• Finding out the prices in the area you intend to buy will be the last homework for you. You can do it over the Internet by checking eBay and bidshare.com auction sites. If you wanted to buy a resale, make sure that prices are half of the developer’s price. If buying a new one, read carefully the contract before signing it.

If all timeshare buyers will just take time in reading the guidelines above, lessening the increasing number of owners wanting to get rid of their timeshares will be possible.

Timeshare’s Real Worth for Your Relief

Timeshares are oftentimes considered as investments by common people. However, timeshares are not investments because its value actually decreases in time. Some timeshare owners are even forced to find timeshare relief because they realized that the package is more of an expense than a source of profit or earnings.

Timeshares are not investments because the moment a contract is signed by the timeshare prospective buyer, the timeshare becomes his responsibility. The upkeep of the property is barely attended to by the timeshare company and renovations and improvements are out of their priority. It is stated in the contract that timeshare owners are responsible for the maintenance of the units. The deterioration of the property is inevitable and so is the decrease in its market value.

Timeshare salespeople also receive the commission they expect the moment timeshare buyers sign their contracts. Timeshare companies get the amount they expect to earn from the timeshares they sell the moment the transaction is carried out. So the value of the property is immediately depleted by the process. Besides, the acquisition rate of a timeshare is high because of the cost of the marketing involved in selling timeshares and not solely by the components of the property.

Timeshares real worth does not increase, rather, it continues to decrease. It is therefore not to be considered an investment. If you are looking for an investment, you will end up getting rid of your timeshare contract. So before purchasing a timeshare, think well and be sure that you can take it even if its value decreases in time.

Gym as a Timeshare, a Relief for Health Buffs

Health buffs usually do everything they can to be able to stay in shape. Now, a gym is offering them a timeshare system for their benefit. May they see it as absolutely beneficial unlike other vacation lovers who purchased timeshares yet ended up seeking for timeshare relief.

Heywood Sports and Racquet Club, based in Diss, Norfolk found it a good business idea to offer their gym facilities and equipments in a timesharing manner. Club partner Chris Burnard shared that the concept is an entirely new idea to the area. He said, “We have researched it quite thoroughly and there is nothing else like this." He added, "We have a 650 sq.ft. space with everything you would expect in a fitness gym in a comfortable and attractive environment. Clients can rent it for themselves or they might like to get together a group of two to four people.

The cost of the timeshare gym package is at £60 per month for a one set hour per week. This set of time can be shared with friends and it will prove cheap and convenient for all health buffs. Aside from the convenience, it will also help them develop a healthy lifestyle with the motivation of friends and loved ones.

Timesharing can surely be beneficial especially for big groups who frequently avail of the timeshare package. They can share the expenses of the best facilities they require. Hopefully, these timeshare gym package owners will not end up wanting to get rid of their timeshares because doing so will surely prove difficult to do, much like the timeshare resorts.

Purchasing Timeshares In The Resale Market May Not Be The Relief That You Require

Some vacation goers are once again interested to purchase timeshares. Timeshares in the resale market from timeshare owners seeking for timeshare relief are normally priced lower than timeshares from timeshare companies. However, timeshare prospective buyers should be vigilant in purchasing timeshares from the resale market.

Timeshares from the resale market may not be the relief that you are seeking for if you end up buying a timeshare that was overly promoted. Such often happens to timeshares in the resale market. With the aim to have the timeshares sold, some features and amenities are overly stated to give a good picture of the timeshare unit.

To make sure that such problem will not hit you, it would be best to visit the site before finally purchasing the package. If the site is too far from you, ask a friend or a relative to do. Seeing the site first hand will assure you that what you will get from the purchase are exactly the things that you were expecting and the things that you needed. Consider the presence of malls, grocery outlets, and other similar establishments. Those will prove useful later on because you will surely need to purchase stuff during your vacation.

Do not purchase timeshares in haste. You might end up regretting your decision and doing so may require you to get rid of your timeshare. Doing that is not easy so make sure that you will not end up wanting to do just that.

Trading Timeshares In Provides Relief for Some Owners

Timeshare trading is a common form of relief for many timeshare owners. Some owners who want to get rid of their timeshares would also prefer to trade their timeshares in for new timeshare vacation experiences. Timeshare trading or timeshare swapping is also a trendy business concept for many timeshare companies of late. Nevertheless, timeshare trading still has its downsides like all other timeshare business models.

Some owners who wish to trade their timeshares in will find to their disappointment that trading timeshares are not that easy to accomplish. The reason is that timeshares in different locations have different preference levels. Owners of timeshares in off-peak locations will find that trading their timeshares in is far harder compared to owners of timeshares in peak vacation hotspots. It is an unfortunate fact that timeshares in Hawaii are more tradable than timeshares in Alaska. Owners of the most off-peak timeshares may have to wait years before a trading cohort can be located.

Moreover, as long as the perceived trade is still ineffectual, or has not yet taken place, the timeshare owner is still responsible for the recurring bills of his timeshare. Furthermore, off-peak location timeshare owners who have successfully traded their timeshares in for more hotspot locations will find that their timeshare bills have also become hotter as maintenance fees rise. Hence, timeshare trades, although convenient for some timeshare owners are not applicable to all timeshare owners. Owners who can no longer pay for their timeshares should definitely not trade their timeshares in but instead seek some other form of timeshare relief.

Donating Timeshares to Friends and Family Is a Relief for Unscrupulous Owners

A casual search online would turn up hundreds of comments from discontented timeshare owners anxious for any form of timeshare relief. These owners are distressed over the expensive payments required in order to maintain their timeshare vacation packages. Consequently, these owners are willing to do anything just to get rid of their timeshares and so be perpetually free from the chronic financial anguish caused by periodic timeshare bills. However, getting rid of timeshares is easier said than done as timeshares are based on contractual obligations.

One of the more popular modes for timeshare relief so as to circumvent timeshare contractual stipulations is the donation of timeshares. Donating timeshares is a legal way of conveying ownership from the owner donor to a donee individual or corporation. Upon the perfection of the donation, the ownership of the property is legally transferred from the donor owner to the donee. Hence, as timeshare bills are mutually inclusive of timeshare ownership, the donee will bear the full responsibility of paying the periodic timeshare bills following a successful donation.

However, timeshare owners today are encountering difficulties in donating their timeshare as decent donees are hard to be had. Most timeshare owners would naturally opt for their close kin and friends as likely timeshare donees. However, donee friends or family will have to bear the responsibility of paying timeshare bills hence seldom do owners actually donate their timeshares to their loved ones. Only the least scrupulous of timeshare owners would resort to passing responsibility for their timeshares to their close of kin just to get rid of their timeshare vacation packages.

Dissatisfied Owner Establishes Company to Provide Relief for Timeshare Owners

By simply browsing luxury vacation forums and timeshare relief discussions, one would be overwhelmed by the huge number of timeshare owners greatly disappointed over their timeshare vacation packages. The most rampant reason causing the disappointment of many a timeshare owner is the perpetual financial accountability for timeshare maintenance and upkeep. The existence of sporadic bills for special assessment as well as interest on any outstanding loan of the timeshare property also contributes highly to the dissatisfaction of many owners.

Linda Skidmore, founder of Transfer Smart, a company specializing in timeshare title transfer services, was once among the multitude of disappointed timeshare owners. Her mother would no longer avail of their timeshare week after the death of her father; however, they were still liable for the maintenance fees of their timeshare property which kept rising through the passing of time. Their family tried to sell the timeshare by securing the services of a local listing company and paying an expensive advertising fee. Nevertheless, the company did not live up to its promise in helping Linda and her family sell their timeshare and the maintenance fees kept piling up instead.

After several disappointments and setbacks in selling their timeshare, Linda decided to found Transfer Smart, a company specializing in timeshare title transfer. To date, Transfer Smart has helped hundreds of timeshare owners in getting rid of their timeshares. The excellent service of the company has resulted in a lot of positive feedback from a lot of satisfied customers. By virtue of Transfer Smart, timeshare owners now have a proven method in freeing themselves from their perpetual timeshare liabilities.