Timeshare Advisor and Solutions

Tag: Timeshare scam

timeshare problems

Survive Timeshare Problems

If common sense and clear thinking are applied then it’s easy to survive timeshare problems; in fact you could avoid them altogether with a little foresight!

A sound piece of advice when looking to avoid timeshare problems is to read your contract carefully. If possible you might also want to read it twice, just to be sure, because most of the problems reported in the first year are caused by a lack of awareness. All timeshare companies should provide you with their rules and regulations and, as such, you should also read them thoroughly because most timeshare problems occur because members lack familiarity with their contract and the timeshare regulations.

Paying your maintenance fees on time will also help you to avoid some of the more costly and inconvenient timeshare problems. One timeshare problem which arises from failing to pay maintenance fees is the inability to make use of your timeshare; in fact you will find you cannot stay at your timeshare unit unless your maintenance payments are up-to-date. Failure to pay any maintenance at all is likely to end in legal action.

To avoid finding that you cannot reserve the resort, dates or accommodation type than you want, booking well in advance is advised. Make sure you book your timeshare leaving plenty of time. Likewise, if you need to cancel your reservation, you should inform your timeshare company as soon as possible.

Finally, the best way keep timeshare problems at bay is to have good communication with members services for your timeshare operator. It is better to ask an agent directly if you have any doubts and refer to your rules and regulations for support.

Timeshare Cooling Off Period Explained

Every timeshare purchase comes with a cooling off period that immediately follows the moment you sign the contract. After this time you will be unable to cancel or change your timeshare contract unless you are going to upgrade to a more elite membership or luxurious property.

As the name suggests, once you have got over the initial excitement of buying a fraction of paradise, some people need to feel secure in their freedom to be able to cancel their timeshare before it is too late. In practice, few people actually cancel their timeshare during the cooling off period but just knowing that you can often brings about a sense of security and relief, just in case!

How much time is the cooling off period?

It is hard to give an exact time as each country has different laws regarding the cooling off period. Usually you have between 7 and 14 days, sometimes more, sometimes less to cancel your timeshare legally. If you wish to cancel during the cooling off period you will need to find out the requirements for the particular country where you bought your timeshare. Some countries ask for a special pro-forma. It is almost impossible to cancel a timeshare contract after this time has passed, unless you can prove that the timeshare company was fraudulent in some way or that your contract is illegal.

If in doubt, call the timeshare developer where you bought your unit and ask about the specific requirements

How do I cancel my timeshare?

Do you really want to cancel your timeshare?

If this is you, then you have come to the right article. Before you embark on finding a timeshare lawyer or respond to an add on the internet from a timeshare cancellation shark, read a little about what to expect and then decide on your next course of action.

Firstly, you really need to decide whether you no longer wish to use your timeshare, as canceling can be a long an expensive route to take if you have passed the cooling off window. For many, canceling a timeshare contract is more hassle than it is worth when you could be spending time enjoying great accommodations in amazing destinations.

However, if you are positive about canceling your timeshare then there are some steps you can take. Firstly, you need to find out how much time you have within the cooling off period which is the time just after you buy the timeshare. This window of opportunity to cancel your timeshare is different depending on the contract and the country where you bought the timeshare. Usually, the period is between 5 and 10 business days, so you don’t have long to set about canceling the contract.

The first thing you should do is contact the timeshare company that sold you the unit and ask what they require from you. Regardless of what they say, send written notification immediately stating that you want to cancel the contract within the cooling off period – make sure you have proof of posting.

If you do not fall into this category, then cancel your timeshare is going to be a lot more complicated and you will need to get a professional timeshare lawyer, preferably one that is recommended by someone you know. Beware specialist timeshare attorneys that advertize on the internet or anyone that approaches you unsolicited. There are many scams associated with timeshare cancellation and reselling of timeshare properties so it is wise to be cautious.

Finally, in the meantime, the best thing you can do is investigate the consumer laws for the country where you hold your timeshare and think carefully about whether or not you really want to give up on your investment.

5 WAYS TO AVOID A TIMESHARE NIGHTMARE

Happy Timeshare Tips

Fractional ownership and timeshare is supposed to be a positive experience. Those who claim otherwise have usually been subject to a scam or some kind of intentional ripoff. Even so, it is prudent to think about the benefits and disadvantages before buying a timeshare. Take a look at the top tips below to make sure your purchase is a success:

Destination

Choose a destination where you would like to return on a regular basis and one that would appeal to others. You never know when you may want to rent or sell your timeshare for profit at a future stage and a great destination will make it easier to market your timeshare. The best tips for choosing a destination are to consider the amenities, restaurants and services close by. Is your resort near to downtown? Does it have its own beach access? Is there room for development in the future?

Flights

Choose a destination that has regular direct flights at great prices. This will make it easier to take full advantage of your property and makes traveling with the family much more comfortable.

Choose an Established Operator

Save yourself time and money by buying from a renowned timeshare company like The Villa Group Timeshare, preferably choose an operator that has years of experience. The benefit of opting for experience over new companies is that you reap the rewards of their expertise and avoid the risk of the company going out of business before you get chance to enjoy your unit.

How much can you afford?

There are many different levels of properties with a price for almost everyone with a credit card. However, it is preferable to be clear about what you can realistically afford to pay so that the seller can find the perfect property for your budget and necessities.

Make regular use of your property

It seems obvious, but the best way to enjoy your timeshare is by using it. Timeshares can be lent to family or even rented for profit. There is no need for your property to be left empty during your purchased week(s). Enjoy the fruits of your investment and make regular use of your timeshare.

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