Dec 3rd, 10
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In a settlement reached between BlueGreen Corp and the Pennsylvania Attorney General. BlueGreen has said they are satisfied with the settlement as it ended a two-year legal dispute. The case was over seriously misleading offers and incentives. These consumers were promised free gifts and timeshare incentives from BlueGreen Corp. that are often used to market for the sale of timeshares. However, these promises were extremely misleading and in many cases the “valuable prize” that these consumers received required pre purchases or included serious “fine print” statements that prevented them from using the free gift.
Timeshares are often sold solely because they offer so many free gifts just for attending a sales presentation. Often vacationers will get roped into a presentation and end up purchasing a timeshare when they otherwise wouldn’t. These new timeshare owners realize sooner or later what a mistake they made when they purchased the timeshare. For one reason or another timeshare ownership does not make sense for their specific budget or lifestyle. This is when they look for ways to get out of their timeshares.
Many timeshare owners will try to sell their timeshare when they realize what an expense it can be. But when they try to sell they will find out how difficult and costly trying to sell can be. This is when they come to the timeshare relief companies such as Transfer America. These are services that are necessary for the timeshare industry to function. People need a legitimate and secure way to get out of their timeshare contracts when it no longer suites their budget or lifestyle, this is what companies like Transfer America are for.
Nov 30th, 10
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One of the biggest timeshare companies, RCI, has announced some new featured to its 2 million members that own timeshare vacation properties. This new implementation is intended to promote customers to trade their scheduled weeks and exchange with other users. This is also in regards to a common complaint among timeshare owners that trading their weeks or exchanging their vacation property for a different one is far too difficult and sometimes nearly impossible.
The new system will incorporate “trading power value” which will be the new medium from which RCI members will use to exchange their vacations. In the past owners were given a list of similar to lesser valued properties to choose from. This new system will allow timeshare owners to receive credit for downgrading their vacation stays and also allows them to use future weeks up to two years in advance to stay at properties that are valued higher than the one they own.
This is a belated improvement upon the timeshare exchange systems to say the least. If you own a timeshare and are fed up with it or simply cannot afford to be an owner any longer you need to contact a timeshare relief service. Companies like Transfer America can help you exit a timeshare contract easily and safely without the worry of receiving timeshare fees anymore.
Oct 31st, 10
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Today I want to share the experience I had with Transfer America. I had a huge problem trying to get rid of my timeshare, probably just like anyone else who has tried it. I think you should know that the only solution I found out of this burdensome situation was to contact the kind people from Transfer America. I’m sure that practically everyone who has been in a similar situation knows how helpless you can feel after a while. Let me start at the beginning so you see how bad my timeshare worked out for me and how easy it can be for you to cancel your timeshare by considering Transfer America at your first choice.
I got a timeshare in Hawaii, which was always a dream for me and my husband. We went there with our children every summer and at the beginning, it was really nice. But then the maintenance fees started to rise and they never stopped. Additional my daughter moved to New York and because of the long distance, she was not able to spend the holydays with us. That’s why my husband and I made the decision to get rid of the timeshare. There was no reason for us to pay the increasing maintenance fee when we didn’t even use the timeshare and of course, we preferred to spend our holydays with our daughter who lives in New York.
Before thinking about contacting Transfer America, I tried just about every other possibility and I can say confidently that nothing else worked for us! If you were able to sell your timeshare for any kind of profit or even just rent it to get the maintenance fee back, I would call you unbelievably lucky. Without Transfer America, I would probably still be unnecessarily paying for something I didn’t use. Even worse is spending so much time trying to resell the timeshare. Toward the end, we came so close to paying a dubious real estate company that promised us they would sell our timeshare for us.
Luckily, we didn’t go through with it because we read about Transfer America which, to be honest, seemed like it was almost too easy at first. But I was really desperate at this time and didn’t know what else to do. After deciding to go with Transfer America, we finally got out of our timeshare. They are so trustworthy and I felt it was the right place for my issue. Transfer America helped me finally get rid of all my timeshare responsibilities without any problem. If I had contacted them before, I wouldn’t have had that much trouble. I learned my lesson about timeshares and the only way for me to get out of it was to contact Transfer America.
Oct 16th, 10
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Wyndham Worldwide Corporation, the largest provider of travel related services and products ranging from hotels to timeshare ownership, is re-entering the market with a sizable $250 million timeshare receivables backed bond.
This bond is what the timeshare industry has been waiting for to emerge from this economic downturn. Following ABS East, a conference held to address securitization as a method of revitalizing the economy, Whyndham Worldwide Corp. is distributing among the first of many bonds to be issued decided at this conference. Earlier this year, Wyndham has given two additional asset-backed bonds. This privately held bond is backed Royal Bank of Scotland, Credit Suisse, and Deutsche Bank.
Tom Conforti, Whyndham Worldwide’s chief financial officer, stated that the reason for issuing bonds now is that attractive borrowing rates are so low that now is the right time to offer these bonds. In September of this year, Wyndham already sold a 7 ½ year $250 million senior unsecure bond.
Whynham is the leading the timeshare industry out of this economy so vacationers should be optimistic about their taking time to enjoy their paradise. However for some, timeshare ownership may not suit their lifestyle regardless of the economic situation. There are services like Transfer America that can help you get out of timeshare ownership. With over 45,000 satisfied customers, Transfer America is the company to trust to get you out of your timeshare obligation.
Sep 1st, 10
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When you think of all the places that timeshare resorts pop up in one place that certainly does not come to mind is Cuba. However a surprising set of free-market decrees have been issued to allow for foreign investors to leave government land for up to 99 years. This was seemingly made with golf courses in mind as the country currently only has 2 courses nationwide, the Tourism Ministry has stated that they would like to build at least ten more golf courses. This should cause a lot of timeshare developers to jump at the chance of building fresh new resorts in a location that has been relativity off the map. With so much attention focused on these new prospects for timeshares in Cuba there is sure to be a lot of timeshare owners in the states who will be looking for ways to transfer america timeshares over to Cuba. Who knows what will come of this but hopefully we will be seeing Cuba in the news soon to find out.
