Turning Your House in to a Timeshare

Timeshare is a type of joint ownership of property where there are as a many as 52 owners. The owners receive the use of a certain property such as a condominium unit, a house and the likes. They use it for a specified period each year such as one or more weeks.

Before you turn your house into a timeshare, you should analyze a few things about your house and how marketable it can be as a timeshare. You might have to ask yourself a few questions regarding this decision.

First, taking photographs of your abode should mark as your start in transforming your house into a timeshare. These are needed for you to post on websites such as http://timesharerelief360.com/blog or www.sellmytimesharefast.org and to be placed in the newspapers.


Next, tidy out the things in your home that you don't want your guests to be touched or used. You can also purchase a safety vault box for some of things that have a large monetary value, but this can be too costly for you if you acquire one. You can find a closet or place in the house to put your things away in and get a lock for that place to protect those things and/or valuables.

Now, you have to make sure that your home is marketable in the business of timeshare home rentals and vacation homes. One of the factors in buying a house and a lot is, as they say, is "location, location, location". Survey the area where your home is situated in if it has anything to offer to its visitors like tourist attractions and nice beaches.

Moving on, hire a timeshare professional agent to take a look over your home and give you an idea of the cost you should charge your guests to rent out your timeshare. He/she may even give you tips on how to improve your timeshare.

Next, arrange a schedule by figuring out on what time of the year you want your home to be a timeshare and what time of the year you will want to stay there. You can rent your timeshare home throughout the whole year if you have another home.

Lastly, promote your timeshare by advertising it in newspapers, in magazines and on the Internet. Your timeshare should be clean and has everything to accommodate your guests and their needs while staying in your home.

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.