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.
Oct 13th, 10
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A 92-year-old man filed a complaint with the Florida Department of Agriculture and Consumer Services against 24 telemarketers who promised to resell his timeshare. He paid them more than $74,000 in total, much more than the original cost of the timeshare property, and no one actually sold it for him. Some telemarketers have agreed to refund his money and the FDACS is seeking refunds from security bonds some of the other telemarketers charged have on file.
During tough times, “many people are trying to get rid of timeshares because they cannot afford to pay the monthly [maintenance fees and property taxes]“, said Anna Huddleston-Aycock, President of the North American Consumer Protection Investigators. If you want to sell a timeshare, avoid resale companies that take upfront fees even if the timeshare is never resold. Only deal with the ones that take a sales commission after the sale has closed.
If you have dealt with a company that took your money and did not render the service they advertised, call your state or local consumer agency for advice or, If you are interested in getting out of your timeshare and all its maintenance fees then make sure and go with a reputable company like Transfer America who has already helped thousands of timeshare owners.
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.