Non-Taxable Timeshare Gifts
December 9, 2013
When you go to a time share presentation you will probably have been offered some kind of gift, discount or incentive to attend. Most time share companies give away bottles of wine, spa certificates, rounds of golf and the like or may provide free excursions, complimentary meals, day passes etc. These types of time share gifts are not taxable as most are considered a courtesy or comp. If you are told that you have to pay a tax on these at the airport, you are probably being scammed in some way.
Some time share developers may offer cash incentives and this can cause a little concern as in effect, the prize is an income of sorts. However, most reputable companies will offer discounts or monetary incentives that are redeemable against the purchase of something, so as to avoid any grey areas.
Should I Go to a Timeshare Presentation in Puerto Vallarta?
November 13, 2013
Everything in life is about choice, and you are at liberty to attend a timeshare presentation in Puerto Vallarta if you qualify. If you are at all interested in vacation ownership in Puerto Vallarta it is a very good idea to go to a timeshare even if you are not 100% ready to purchase something. It will give you the basis of what to expect from owning a timeshare in Mexico. However, beware that you are very likely to fall in love with the properties you see, so make sure you attend a timeshare presentation in Puerto Vallarta at a resort that you like.
Timeshare presentations in Puerto Vallarta are pretty harmless and the reputable companies avoid the hard sell tactics in favor of allowing the property itself to wow you into submission. There are also so many wonderful resorts in Puerto Vallarta to choose from, it may be hard to decide who to opt for. The best advice would be to select a resort from a developer who has a long history in Mexican timeshare. Avoid international chains as they are not likely to have the same expertise with building in Mexico. Often the timeshare companies who specialize in Mexico have the best prices as they are able to minimize costs.
The other thing to consider if you are deciding whether to attend a timeshare presentation is whether or not you have received any kind of incentive to attend, like a free gift, discounts on tours or even discounted accommodation. Remember, you will only receive those discounts if you attend the full presentation. This is especially important when having accepted a discounted vacation as you will be charged the full price if you do not go to the presentation.
Who really benefits from a timeshare class action suit?
November 7, 2013
If you are considering a class action suit against a timeshare company then you really need to make sure that your case is legitimate and that you are certain the timeshare company are in breach of contract law. When the company is a genuine operator with an excellent track record like Disney, Villa del Palmar, RCI etc, then you need to have hard, fool-proof evidence, as it is only in very rare circumstances that companies like these would leave themselves vulnerable to lawsuits and legal action.
What is more commonly the case is that legal firms and online companies take advantage of timeshare owners who are unhappy with some clause in their timeshare contract, offering them full purchase refunds if they were to win the case. When the lawsuit is a collective representative action, it becomes more attractive to owners who are considering canceling their contract as the seeming cost is not as high as if you were to take legal action individually. What they don’t tell you is that you are not very likely to win and their fees will be paid regardless. So the real winners are the lawyers.
When you have experienced an organized timeshare scam, where you have been sold properties that will never be built etc then a class action suit would be a beneficial move. In those circumstances, contact a reputable lawyer who comes recommended and avoid adverts on the internet targeting timeshare forums.
Top 10 Benefits of Timeshare Ownership
October 19, 2013
There is so much misleading information on the Internet about timeshare ownership that it is easy to disregard them as a scam. However, when you take time to look at some of the many advantages of owning a timeshare, it is clear that they are a viable alternative to paying the high prices of hotel rooms or other vacation rentals.
Often a timeshare presentation can put people off buying fractional ownership properties as they need more time to think. If that is your case, then take a look at the benefits below to see if timeshare could be for you.
Top 10 Benefits of Timeshare Ownership:
- You get to own a luxury property at a much lower cost than full ownership.
- Timeshare units are much bigger than standard hotel rooms and have kitchens in addition to access to all the resort facilities that a hotel offers.
- You are encouraged to take regular vacations. You have already paid for your accommodation in advance so you are motivated to make the most of your money.
- Guaranteed reservations at top vacation destinations during your allocated weeks.
- The cost of your future vacations are effectively frozen at today’s prices.
- Vacation clubs allow for total flexibility of dates and locations worldwide.
- You can lend or rent your timeshare if you cannot use it for some reason.
- You can upgrade your property as your personal economy grows.
- By returning to the same place, you build up a community at the resort and can make some great friendships.
- It is possible to sell your timeshare or leave it to someone in a will.
Advantages of Buying with an Established Timeshare Operator
October 13, 2013
Knowing which timeshare companies are trustworthy is a difficult task, especially as there are so many to choose from and because there are unfortunately many timeshare scams that give the industry a bad name. However, it is important to note that timeshare is not a scam in and of itself and that with a little common sense you can avoid a timeshare fraud.
The safest thing that you could do when buying a timeshare is to opt for a company that has a long and reputable track record. A quick search on the internet will show you who are the scams and which companies are offering genuine products worth buying. Established companies that have been operating for at least 8 years will pretty much guarantee value for money, low risk and quality of product. All you have to do is fall in love with the development and destination!
Established timeshare companies are also a great option because they are generally great value for money. With years of experience they know exactly what they are doing and are able to keep the cost of construction low and negotiate according to economies of scale. Some timeshare companies that operate in just one country also tend to own their own construction companies, which means they can offer great products at great prices without skimping on quality.
The other thing to note about a long standing company is that with so many years behind them, their reputation is important. These companies are usually the ones with very strict sales policies keeping their sales teams in check, cracking down on maverick sellers who might think that stretching the truth is going to make them the sale they need. In fact, the more reputable the company, the stricter they are on sales tactics and securing the reputation of their product.
Paying your Maintenance Fees on your Timeshare
October 8, 2013
One of the things you must consider when you buy a timeshare is that you will be required to pay yearly maintenance fees. Details of these fee should be in writing in your contract.
Your maintenance fees are a legal requirement that protects you as well as other owners. If you cannot pay your maintenance fees you should contact your timeshare operator, as failure to adhere to your maintenance fee payments may result in legal action against you. You have to pay your maintenance fees regardless of if you use your timeshare, so you should try to make sure that someone occupies your unit, even if you cannot make it yourself.
Maintenance fees cover all the repairs and general caretaking of your timeshare property, making sure that all of the appliances, furniture, fixtures and details are in correct working order. Your fees will also include the replacement of items that deteriorate over time so that your timeshare investment is protected for the future. Likewise, the maintenance fee quota covers the caretaking of common areas including the pool, spa, clubhouses, gym and other amenities.
You should also be prepared for the maintenance fees to increase over time. As the cost of manpower, materials and services get more expensive due to inflation, so will your fees increase. Established timeshare companies are renowned for reasonable increases, so it is better to avoid emerging companies who have been known to hike maintenance fees after the initial period.
Should I Buy a Blocked Week or Timeshare Points?
October 7, 2013
You can classify timeshare into two principle types: blocked weeks or timeshare points schemes. What is best for you will depend on your vacation requirements. So let’s take a look at some of the differences.
Blocked Weeks vs Timeshare Points
There are various benefits to both options. If you know when and where you wish to take a vacation every year and are limited to certain weeks because of your job, school vacations or family commitments, then a fixed blocked week might be for you. When you buy a fixed week you are guaranteed your timeshare unit for your chosen week every year. If you always spend Thanksgiving with your family, then buying a fixed week around those dates would be beneficial.
For many, the reason they would not buy a timeshare is because they do not want to vacation in the same place, in the same dates every year. That is why timeshare operators have developed their points schemes. In this case you buy the equivalent timeshare points as you would pay for a fixed week timeshare and then exchange those points when you know when and where you want to travel. It means that you are completely flexible.
The other advantage of the timeshare points system is that you can divide your time and travel more than once a year. Imagine you have bought points enough for a two bedroom apartment for one week but this year you wish to travel for a shorter period of time in spring and winter. The points scheme allows you to take a weekend vacation in one destination and then another all in the same year. Likewise, if you cannot visit your timeshare for some reason, you can bank your week and take two weeks the following year.
Timeshare Investment Myths
October 2, 2013
There are many myths surrounding the timeshare industry, most of them painting a negative picture thanks to deliberate scams. The reality is somewhat different when you purchase from a reputable company and many of the myths that circulate about it are actually misleading.
The myth that you need to have a lot of money to be able to afford a timeshare is a fallacy. In fact, timeshares are a great way to invest in a second home when you would otherwise not have the funds to do so. There are also many different levels of ownership meaning that there is something for all budgets, and thanks to upgrades, you can move up to a more luxurious accommodation as your finances evolve.
The risk involved in timeshare depends on the company you buy with. As a rule, most genuine operators present relatively low risk, but you must be sure to avoid scams. With a little research on the internet, the fraudulent timeshare companies become very obvious.
Because you buy a timeshare week at a particular location for specific dates, many people assume that this is inflexible. The truth is rather different. The beauty of timeshare is that you have the option of going to the same place during the same dates every year, if you wish, but can also swap those dates and destinations according to your preferences and plans.
Costly Maintenance Fees?
Maintenance fees are a reality of timeshare as they are intended to secure your investment and make sure that your property and common areas are kept in perfect condition. They are unfortunately an essential outgoing but should not be unnecessarily high.
Timeshare with The Villa Group
September 19, 2013
Even after only a very short time researching which timeshare developers are scams and which are genuine, The Villa Group will stand out amongst the most trustworthy timeshare companies on the market. There are many benefits to buying a timeshare with The Villa Group, as will be discussed below:
Long Standing Reputation
The Villa Group enjoys an impeccable reputation, having been developing, selling and managing timeshare resorts in Mexico for nearly 30 years. Customer reviews stand testimony to their credibility and value for money. You can also be sure that your investment is safe and that they are not about to run off with your money. Their properties simply sell themselves, no hard sell, no intentional lies, no deliberate misrepresentation.
First Class Resorts in Top destinations
The Villa Group is celebrated for its excellent resorts with world class spas, gourmet restaurants, impressive pools and perfect beachfront locations. The accommodations are often quoted as being amongst the most spacious and all come with fully equipped kitchens, private balconies and en suite master bedrooms, even at entry level. The Villa Group also know how to choose perfect destinations for its resorts, having a nose for a great investment. Destinations include Puerto Vallarta, Cabo San Lucas, Cancun and Loreto.
Exchanges are Easy
When you buy a timeshare with The Villa Group you are no longer limited to spend the same week every year in the same apartment, unless of course that is what you choose to do. Nowadays, The Villa Group offers all its timeshare owners the chance to join Villa Preferred Access which is an exchange program within The Villa Group whereby you can swap your timeshare week for another destination within the brand, depending on the level of membership you have. Moreover, if you wish to go to a location outside of Mexico you also have the chance of joining Interval International Vacation Club, which allows you to exchange your timeshare for other destinations worldwide or cruise vacations.
The Villa Group Timeshare never stop expanding. Even during the recent financial crisis the reputable company continued to expand their brand of excellence. So, what does that mean for timeshare owners? Constant upgrades and exchange opportunities.
- Villa del Palmar Vallarta Beach Resort & Spa – Puerto Vallarta
- Villa del Palmar Flamingos Beach Resort & Spa – Riviera Nayarit
- Villa La Estancia Beach Resort & Spa – Riviera Nayarit
- Villa del Palmar Cabo Beach Resort & Spa – Cabo San Lucas
- Villa del Arco Beach Resort & Spa – Cabo San Lucas
- Villa La Estancia Cabo Beach Resort & Spa – Cabo San Lucas
- Villa del Palmar Loreto Beach Resort & Spa – Islas de Loreto
- Villa del Palmar Cancún Beach Resort & Spa – Cancún
- Sierra Lago Resort & Spa – Sierra Madre
Names of The Villa Group Timeshare Resorts:
Villa del Palmar Timeshare Resorts
September 7, 2013
Villa del Palmar Timeshare is a resort chain developed by timeshare guru The Villa Group Timeshare División, which has nearly 30 years experience developing first rate timeshare complexes. The Villa del Palmar timeshare resorts all offer both timeshare units as well as hotel provision and are located next to the beach with direct access from the hotel complex.
The Villa Group timeshare has 5 Villa del Palmar resorts in different locations throughout Mexico: Puerto Vallarta, Cabo San Lucas, the Islands of Loreto, Cancun and Riviera Nayarit. All of these destinations were chosen for the great range of activities available for guests such as water sports, horse riding, trekking and whale watching to name but a few, in addition to uniquely beautiful geographical surroundings.
All of the resorts feature a world class spa, large swimming pools, a fitness center and excellent restaurants which are available to all guests including timeshare owners. The great thing about a Villa del Palmar timeshare is that you benefit from the large accommodations with complete with kitchens, dining rooms and living areas but also enjoy all the services of a hotel, including room service. It is like having a second home in a hotel.
Furthermore, as a Villa del Palmar timeshare owner, you will be invited to join Villa Preferred Access, which gives you the option of exchanging your timeshare for another of The Villa Group’s properties. You can also become a member of Interval International vacation club where you can swap your timeshare at Villa del Palmar for another country worldwide.