Yes it’s true. Most timeshare companies will not buy back your timeshare, or even point you in the right direction of a legitimate exit solution. So when you decide you want out of your timeshare contract, finding that ‘out’ can be a real challenge.
Recently, in the great timeshare state of Florida the Sun Sentinel ran an article about disgruntled Wyndham Timeshare Points owners. “It was a blood fest” is how one owner described the Wyndham Timeshare presentation! Still, he eventually let himself be wrangled into purchasing 300,000 points. That was in 2009, now, three years later he wants out because the sales pitch left out some important information. All the additional fees that are included with timeshare ownership: taxes, maintenance fees, special assessments, and exchange club dues.
“Wyndham, for whatever reason, has chosen to make sure that there is no exit scenario for these clients whatsoever,” said attorney Mike Finn who is currently representing a Wyndham timeshare owner looking to cancel their contract.
Adam Schwartz, chief communication officer for Wyndham Vacation Ownership made a sweeping statement about relief agencies describing them as create to “…specifically target timeshare owners facing economic challenges, collect their fees and leave their victims grossly misinformed with even greater financial hardship.” But it can be argued that Wyndham does the same thing to unassuming folks who enter one of their timeshare presentations.
If you’re feeling stuck with your timeshare call one of our timeshare donation specialists. They will take the time to answer all your questions and provide valuable advice on how to exit a timeshare you no longer enjoy.
See Timeshare Owners Try to Quit Contracts by the Sun Sentinel.
April has been quite the month for bad news about timeshares. The Wall Street Journal announced on their blog that “Timeshare Prices Plummet to $1”. Tough times in the timeshare market have led to massive timeshare fraud – several more shocking reports of timeshare crime were released this month.
Seems like nothing but bad news in the timeshare industry these days. However, there are few bright spots and Donate for a Cause is one of them. We were just mentioned yesterday in the Chicago Tribune as one of the few legitimate and safe ways to dispose of your timeshare.
If you haven’t already contacted one of our agents, we encourage you to do so. They can provide valuable information on the service we provide and recommend the best course of action for you if you are serious about getting rid of your timeshare.
Shortly after the death of her husband, Joanna Howard started receiving calls from timeshare telemarketers, making false claims that they could help her get rid of her timeshare – but she had to send them money first. Telemarketing scams continue to target timeshare owners each day because lists of timeshare owners are relatively easy to obtain. Watch the story here and see below for more timeshare fraud reports released just this week.
Many Canadian timeshare owners search for years when looking for a way out of their timeshare. These days, owning a timeshare, for one reason or another, no longer works for a lot of folks. In their efforts to take their name off the timeshare title the average timeshare owner probably tries selling it first.
And when that doesn’t work, they hire a listing company that ends up taking a lot, but delivering very little. Some timeshare owners don’t even have enough time or resources to put in the due diligence required to find a reliable timeshare relief agency. Meanwhile, the timeshare often sits unused , year after year. And you still have to pay those pesky maintenance fees – whether you had your vacation or not!
We’ve been serving Canadian clients for years, but realized many Canadian timeshare owners might not know about the valuable timeshareexit solutions we provide. We have a quick, hassle-free, liquidation program for our neighbors to the North. You get rid of your timeshare for a low-fee that covers administration and legal fees involved with taking a legal entity out of your name. We assume ownership of your timeshare and you no longer own the property (and no longer have to pay those pesky maintenance fees).
Read what a recent Canadian timeshare owner wrote us:
Dallas and Ed
I would like to offer a testimonial to Resort Closings and to you for the service you provided us. I offer you this as a reference to other Canadians who are skeptical about the process of “getting rid of a timeshare”.
The experience of trying to divest ourselves of our unwanted timeshare was excruciating until we dealt with you. Dallas was a charm and provided us with all of our Donate for a Cause options including Resort Closings Inc. Ed thank you for taking care of the closing end and for keeping us updated.
When we first found ourselves the unfortunate owners of a valueless timeshare we were stunned. We sought legal advise both in Florida and South Carolina in an effort to have the purchase contract reviewed and possibly contested given that the consumer cooling off period had expired on a day when the postal service was cancelled due to a hurricane. The mailing of our letter was one day late however no lawyer would pursue the battle and the timeshare would not release us from the contract. This issue was further compounded by the fact that we were Canadian and not US citizens.
We considered several other approaches including: selling the timeshare ourselves; selling through an agent; using a internet service that lists timeshares; and internet services like kijiji – all of these services came with a price up front, no guarantee and definitely no timeline. We realized very quickly that the sale of our timeshare would be at a price to us and the retention was of little value. We contacted the Canadian Resort Development Association for advice of the disposition of a timeshare and were provided with suggestions but again the same issues arose when we dealt with their recommended services.
One name that repeatedly came forward as a legitimate and beneficial avenue to divest oneself of a time share was “Donate for a Cause”. As Canadians we unfortunately were not eligible for the same tax benefits and as such Resort Closings was presented as a feasible option. The price you charge is fractional to the stress you have relieved us from and the process was completed in the timeframe given.
Do not hesitate to provide us as a reference to other Canadians should the need arise.
Donate For A Cause, the premier timeshare donation organization, has released a brief webinar that will help timeshare owners understand the ins and outs of timeshare donation. In this informative presentation, we discuss how to get rid of your timeshare, how to save money on your taxes and how you can help local and national charities! Click this link to view our webinar.
DFC’s mission is to get unsatisfied owners out of their unwanted timeshares while raising much needed funds for charities. Our new webinar takes the time to share very important information on exit solutions for frustrated timeshare owners. We are here to educate consumers because the timeshare industry at large has failed to address this important issue.
Through watching this webinar, you will come to understand some of the pitfalls to avoid when trying to get rid of your timeshare. Due to the depressed timeshare resale market, it can be nearly impossible to get rid of your timeshare. As a result, timeshare resale scams have sprouted up like weeds in the past few years. This is a HUGE problem! Not only are they ripping off millions of dollars from desperate owners, they are one of the main reasons for the further devaluation of timeshare values and the ever-increasing maintenance fees, which I’m sure you are all to familiar with. We will inform you about how to avoid getting scammed by malicious timeshare resale companies and learn why timeshare donation might be your best option for permanently relieving yourself from your timeshare.
In the presentation we guide you through the quick and easy process of timeshare donation. Our guaranteed donation program takes as little as 8-12 weeks to get you free and clear from your timeshare. We have a 99% success rate and a 100% money back guarantee. If, you are looking for an honest, respected company and the only true guarantee to get out of your timeshare, then Donate For A cause is your solution!
When you log in to watch the webinar, you will be asked to submit your information and a friendly donation specialist will follow up with a phone call during normal business hours on the next business day. You can then return to the webinar for up to a week to watch at your leisure, review key points, and share/watch with family and friends.
Once a donation specialist contacts you, you can take advantage of our knowledge and expertise to get you out of your timeshare legally and quickly. If you decide that timeshare donation is your best option, we will guide you through the simple, easy process, making it as pain free as possible.
Do want to get out of your timeshare? Are you considering donation as a potential exit solution? If you answered yes to either question, please take into consideration the three risks to waiting:
1. Most people end up waiting until they have to pay the next year’s maintenance fees again. And remember, most owners will see an increase in their maintenance fees each year.
2. Because of challenging market conditions, the cost of timeshare exit-solutions keeps going up. If you wait now, you will probably have to pay more later.
3. We may not accept your timeshare later. Worsening market conditions keep forcing us to add more timeshare resorts and companies to our “Do NotAccept” list. These timeshares have little to no market value, or the resort has created a bureaucracy around title transfer that is too complicated, too costly, or dependent on a lengthy approval process for new owners. You might find yourself stuck with a timeshare you truly have no way out of!
So carefully consider your options, but do it quickly. Of course, our mantra is, “Don’t Wait, Donate!”. The timeshare market is volatile, and things change quickly. If a timeshareexit-solution is what you are looking for, we have several. Contact us today. We’d be happy to counsel you on your options.
“A lot of people don’t think of it because it’s hard to sell them is donating it to charity. Think about an organization like Donate for a Cause. The tax deduction you will get since it is a charitable organization is you can get the full market value and add to it the other charitable contributions and write off up to 50% of your adjusted gross income. That takes the hassle out of selling it and you’re doing a good thing.” -Sharon Epperson
Timeshare scams are a major problem right now. Telemarketers contact owners out of the blue claiming to have a buyer and then ask for upfront fees ranging from $300-$5000. They will take your money and then not follow through on any of their promises. Washington State Attorney General Rob McKenna talks to Herb Weisbaum about avoiding timeshare selling scams and what you can do to protect yourself and safely unload your timeshare.
Meet the Donate For A Cause Team
We have made some new changes to our Donate For A Cause website! One new feature is our meet the staff page. To access this page, look on the left hand side of the DFC homepage and click on “Meet the Team”. You will be taken to a page where you can see a picture of your donation specialist and get to know a little bit about their background and interests. If you haven’t spoken to a donation specialist
yet, scroll through the profiles and choose the person you’d like to speak with. Contact information is listed below each profile.
Every one of our friendly staff is very knowledgeable and eager to help you. Our excellent team can consult you on a variety of timeshareexit solutions and will be upfront and honest about your options. We are all passionate about helping timeshare owner’s exit their timeshares while raising much needed money for charity.
Our aim in providing you with a little bit of personal information about our donation specialists is that you will have a more personalized experience during the donation process. By being able to see and know a little bit about your donation specialist you will feel more at home with our company. We think of our clients as family and would like you to feel the same about us. We really care!
Call one of our timeshare donation specialists at 1- 877-822-2873, to see how we can get you out of your unwanted timeshareAND put money back in your pocket come tax time.
Recently, in the great timeshare state of Florida the Sun Sentinel ran an article about disgruntled Wyndham Timeshare Points owners. “It was a blood fest” is how one owner described the Wyndham Timeshare presentation! Still, he eventually let himself be wrangled into purchasing 300,000 points. That was in 2009, now, three years later he wants out because the sales pitch left out some important information. All the additional fees that are included with timeshare ownership: taxes, maintenance fees, special assessments, and exchange club dues.
