We Own Timeshares

Consider The Risks Before You Buy A Timeshare

There are both risks and rewards involved in buying a timeshare, largely depending on which timeshare company you choose to purchase one of these properties from. There are many people out there who have had nothing but enjoyment from their timeshare properties while others have seen their dream vacation property turn into a nightmare and a money pit due to the fraudulent machinations of scam artists. Buying a timeshare should be done with a great deal of caution and an awareness of the potential risks. Think carefully about the benefits as well as the risks as you consider buying and of course, always read the fine print before you sign anything.

Timeshares may be either deeded purchases or arrangements with no deed; these are essentially a long term lease which does expire eventually rather than an actual purchase. Deeded timeshares involve an actual deed of ownership which may be passed to heirs in a will and all of the rights of ownership. In either case, the price of the timeshare is determined by the amount of time the buyer has the right to use the property as well as the time of year that they are allowed to use it.

Buying a timeshare is an important decision and is one not to be rushed into. Read over any documents and contracts very carefully, making sure that you understand all of the terms and conditions spelled out therein. Never sign anything unless you completely understand what you're agreeing to. You may want to have your lawyer look the contract over before signing and you should definitely speak to someone who owns a share in the property. Before you buy a timeshare, keep the following points in mind:

-Check into the licensure of timeshare resale companies. You can inquire about this with the State Department, who will usually maintain records about the company's history as well. Be extremely cautious when dealing with an unlicensed firm - your degree of risk will be much higher than with a licensed company.

-A timeshare is meant to be a vacation property rather than an investment; you may not necessarily receive a good return on your investment if you resell.

-If you are buying a right to use timeshare watch out, if the sponsor declares bankruptcy, you may lose your rights.

-If you are buying a timeshare in a property where the facilities have not been fully installed take a written commitment from the seller that they will be finished in a specific amount of time.

-Any claims made by the seller about the returns on the investment in timeshare should be questioned because the future value of a timeshare depends on many factors.

-A timeshare should not be an impulse purchase. Read over all associated documents and consider the matter carefully before you decide.

-Especially if the seller makes any promises to you orally, ask to get it in writing; in fact, get everything in writing.

-Try to find out whether the exchange program will be guaranteed or not. Sometimes it isn't. So make sure to find it out before buying. Buying a timeshare without an exchange program is not worth the money because you will get bored going to the same property every year and also you will not have the flexibility of schedule if you don't have exchange facility.

If you are interested in timeshare ownership and want to learn more Timeshare Information, you should visit We Own Timeshares. Meet and connect with timeshare owners on this Timeshare Ownership social network. It is free to join and you can create your own profile in minutes. Share experiences and reviews of different timeshare properties and begin asking questions in the forum. Visit today.

Despite the fact that it isn’t the most effective of the ideas to lease a timeshare but in some cases it works out to be more economical than other alternatives. Timeshare rentals were not so effortless to locate earlier as the owners of timeshares really don’t make any profit when they rent out their timeshare models and also really less individuals had timeshares. More than the past handful of years the popularity of timeshares has grown tremendously and there are many large names entering into the business now. You can find above two millions American who have timeshares. The timeshare rentals are accessible simply because some owners have no other alternative but to book out their products as they couldn’t use it as a result of their hectic schedules. The timeshares can be rented by means of timeshare resorts who book the products on behalf of their owners. Timeshare models may also be rented through brokers dealing with timeshare rentals and sales. But usually be careful while approaching the brokers because the timeshare industry has witnessed many frauds and scams because of some unscrupulous brokers. Make certain the broker is really a licensed broker and reputable also. One may also lease timeshares on auction websites like eBay in travel section and also bidshares.com which is timeshare exclusive website.
But how will the timeshare rentals function out. Let us do some ma
th. If you lease a hotel or a area in a resort the book per night normally expenses around $200 per night. Which means it is around $1,400 for a week’s getaway and if you’ve more individuals and in case you need an additional space it will wind up totaling $2,800. Compare this to some timeshare rental which may expense $150 per night. The total would be $1,050 only for 2-3 bedroom units. The rewards you get are immense. A timeshare unit gives you much more area compared to some hotel suite and is far better furnished. Typical timeshare units have two to three bedrooms, 1 to two bathrooms, a kitchen, a dining room, a laundry space and indoor or outdoor pool. Most with the timeshares are strategically situated towards the attractions. And they are located in some of the finest vacation resorts with the world. Timeshare resorts offer much more amenities and conveniences in comparison to hotels. The timeshare resort also offer discounts on air travel, rental cars and tickets to several attractions. The resorts have many amenities like golf club, tennis courts, athletics, marinas and several more recreational activities. You can invite all your friends and family towards the unit and have a gathering too, all inside the comfort of a luxurious unit.

But handful of points have to become regarded prior to opting for renting a unit. Try to pick the most effective location if achievable like around the pool or other resort facilities. You really don’t want being left out when others are making full use of these amenities, the point is in busy seasons the pools and other facilities are overly crowded, so much more around you might be to these amenities the much better chances you’ve. And do not hurry in deciding a timeshare unit; nowadays much more and a lot more units are being accessible as numerous huge resorts have ventured into this business. So, shop around and go while using greatest cost. Some timeshare products may be with out kitchens, make sure you lease the one with kitchen as it can save you couple of extra bucks by saving you from eating outside. Also do your house work by researching about the resort from where you’re renting the unit. In this age of web, the resources are effortlessly obtainable which offers you while using reviews from the resort and much more information to make you knowledgeable. It’s also a smart thought to book the timeshare unit near the attractions which will conserve the cost of renting a car. Idea location would be one which is effortlessly accessible to public transportation. A single can also share rental models with other interested parties by dividing the unit into two. Renting a timeshare definitely makes a strong financial sense in comparison to hotels and motels.

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Timeshares and Money - Are Timeshares Worth the Cost?

Many people have one primary question when thinking about buying a timeshare. Does it make financial sense or does it make sense at all to buy a timeshare? Well the answer can be both yes or no depending on who is buying and for what purpose it is being bought. In this article we will discuss why it makes sense to buy a timeshare. One of the most traditional answers could be that you own it, whereas when you rent a hotel room or something similar you don't own it. Timeshare industry has grown by leaps and bounds since its inception in this country and many notions that people had earlier have been clarified. Timeshare sales are no longer a small business. Big hotels and resorts are into timeshare business now. It is estimated to be a Five billion dollar a year industry worldwide and approximately two million Americans have timeshares. You might be wondering what lured so many people in America alone to timeshares. Here are some reasons.

When you stay at a hotel, you're basically paying rent to the hotel for the use of a room. assuming you vacation for one week a year and that your average hotel cost is $900 for the week, if you were to do this for 30 years. The total cost for staying in a hotel will be $27,000. However, if you were to purchase a timeshare for $10,000 and pay the $450 annual maintenance fee, the total thirty-year costs for using the timeshare will be $23,500. So in reality, you are saving $3500 to stay in a property that you own, instead of paying a hotel to rent the room.

But here is the interesting fact. You still get to own your timeshare property which will earn some money if not the original price. So your actual expenditure on your vacation will be way less than renting a hotel suite. Then who can ignore the comfort of a home in a timeshare property. A typical timeshare unit has two or three bedrooms, more than one bathroom, a kitchen, a laundry room and a pool plus not to forget all the resort facilities.

Do you see the advantage in that? Another advantage could be the ease of planning your annual vacation. With a timeshare, you generally know exactly when and where you are going to go each year.

How many hotel rooms can accommodate large families and friends? With a timeshare vacation you can invite who ever you want and can host reasonable size gatherings.

A timeshare is like money lying safely in your bank. You can sell it whenever you want. Not only that if you buy a deeded plan, the timeshare gets inherited to your heirs also.

Compare the timeshare with buying a vacation home. You don't have to worry about upkeep and maintenance also. The management company will take care of everything. You just have to pay the maintenance fee for that. But what a pleasure you can live like you are living in a hotel and still get a feel of your home and have to do nothing.

Apart from these benefits, timeshare companies offer you so many discounts like bonus weeks, discounts on airfare, car rentals, attraction tickets, restaurants and much more. there are many reasons owning a timeshare does make sense, it all depends on your vacation needs, but the benefits of ownership can be great and can save you a lot of money in the future.

If you are thinking about timeshare ownership and want to learn more Timeshare Information, you should check out We Own Timeshares. Meet and connect with timeshare owners on this Timeshare Ownership social network. It is free to join and you can create your own profile in minutes. Share information and reviews of different timeshare locations and begin asking questions in the forum. Visit today.

Buying a Timeshare - Don’t Give in to High Pressure Tactics at Timeshare Presentations

Timeshares, also known as fractional ownership, is something that has been around since the first extended family decided to save on the cost of their vacation by sharing the cost of renting a cottage or vacation property.

google_protectAndRun("ads_core.google_render_ad", google_handleError, google_render_ad);One of the ways that timeshares are commonly sold is through presentations. I was at one of these and was swayed by the gorgeous photos and the eloquent sales pitch and the endorsement of a lovely, well-dressed, middle-aged couple who were owners. There was also the additional pressure on me because a person I worked with had invited me and I did not want to appear to be questioning her judgment.

google_protectAndRun("ads_core.google_render_ad", google_handleError, google_render_ad);I actually bought into the timeshare, but the next day my sense returned and I quickly scrambled into action to figure out how I could get out of the deal. Fortunately, most states have protection in place for buyer’s remorse and I was able to rescind my purchase within a couple of days. Eventually I actually bought two timeshares, but on the resale market and not from a developer and the two of them together cost me much less than that one alone would have cost me.

If you do go to a presentation, be aware that these are the types of psychological pressures you have facing you. There is an aura of people with money who have the resources available to jet off to an exotic resort, there is a lot of hype that excites the part of you that wants to be on the glamorous locale that is being sold. Oh and on top of this, there is the reminder that this is a golden opportunity that is about to slip through your fingertips and wont you feel silly when it does.

While this might be a perfectly legitimate timeshare opportunity, here is rule number one in avoiding being taken advantage of or spending too much money: Never buy a timeshare on the spot. If it is a good deal, it will still be there tomorrow and the next day. It certainly will be there after you’ve had an opportunity to do a little research online. These are perfectly legal presentation tactics, not unlike what you’ll find at your local car dealer, but if you are cautious you will be much less likely to come out of it with a bad deal on your hands and a hard hit to your wallet.

Some other things to watch out for in shopping for timeshares include being wary of prizes. Especially prizes that ask that you only to pay the shipping and handling. Rule number two: Never pay for anything while you are just looking at timeshares. If they are offering you a digital camera as a prize, trust me — it’s going to be a crappy no-name brand camera, not a Sony. If they are offering you a deal on accommodation, you can probably do better using Orbitz or Priceline. Remember, whatever they are offering, it isn’t free if you have to spend money.

Let common sense prevail. Do not allow yourself to be pressured into a decision and take your time before signing on the dotted line. There are literally thousands of timeshares available for resale all over the world so you won’t be missing out on anything by not signing up immediately.

One of the best ways to buy a timeshare is through online auctions. You’ll get the right price and a great deal in the location of your choice. Timesharing Auctions has everything from Bluegreen Timeshares to Worldmark Points.

Timeshare Ownership: The Pros and Cons of Timeshares

The pros and cons of purchasing a timeshare should always be considered in a rational way before making a decision. It is important to consider your choice of lifestyle, as well as your financial condition and giving weight to the advantages and disadvantages. For instance, if you are quite wealthy. The purchase price will be easier to pay that if it represents a substantial amount of your savings. The cost will also affect how you evaluate the pros and cons of other aspects of the investment. In either case, it is always wise to thoroughly research your decision.

First, we'll look at some of the advantages to timeshare ownership. To start with, timeshare properties can be quite economical when contrasted with buying standard real estate that you would only occasionally use. For instance, you could buy a piece of real estate for $200,000, or you could purchase a timeshare property were only $10,000 and pay an annual maintenance fee of $500 per year. Assuming you own a the timeshare for a period of 30 years, the total cost will be as follows:

(30years x $500)+$10,000 = $25,000 total.

Compare it with buying the real estate property; you will save $175,000. Isn't that a lot of money? Is it wise to invest that much extra money for once a year use?

Consider instead, that you spend $1200 a year to stay in a hotel during your vacation. To be fair, we need to consider that cost for the same 30 year period.

30 years times $1200 equals $36,000. This is still $12,000 more than the $25,000 you would pay to own the timeshare property for your lifetime.

Apart from saving money you get the comfort of your home. In a hotel you might get only a suite. But a typical timeshare condo has two or three bedrooms, one or two bathrooms, a kitchen, a dining room and even a laundry room. Also timeshare units are usually fully furnished. Most of the timeshare properties have an indoor or outdoor pool also these days. In addition to that you also get resort facilities. What more somebody might want when they get all these facilities and comfort of home?

If you have a timeshare you don't have to worry about the upkeep and maintenance of the condo. It is taken care of by the developer. Now compare this with buying a real estate property for the life, you have to do all the maintenance.

A somewhat overlooked advantage of owning a timeshare is that it almost forces you to take a vacation each year. If you have a timeshare, you definitely make it a point to go for a vacation at least once a year so that you can take full advantage of the property. Also, you are also saved from the hassles of planning a vacation every year since you know where you're going and when well in advance.

Most of the timeshare companies are associated with other timeshare companies. This allows the exchange of timeshare. This is one of the many reasons why people prefer timeshare.

Let's quickly examine some of the cons of timeshare ownership. One of the common complaints people have with timeshares is the use of high-pressure sales techniques during a sales presentation that an unknowing customer is lured into after receiving a free gift from the timeshare company. It is wise to thoroughly research the company before going into the presentation and ensure that they have a good reputation for being honest and easy to deal with.

You'll lose some of your free capital when you have to pay a large fee upfront. Also, when you finance the cost through a loan you will be paying extra money in interest costs. Lastly, don't forget about the annual maintenance fees and any association fees.

Timeshares are one of the most difficult types of real estate to resell. Furthermore, they typically depreciate on the resale market vice appreciate. These facts are cons to timeshare ownership.

A final consideration is the flexibility of your timeshare property. You might have a floating week and an exchange program to take advantage of, but you'll have to plan your timeshare vacation months in advance. Remember that you are on a first come, first served basis with the other timeshare owners. If you have a fixed week, the lack of flexibility is an even greater con.

If you are interested in timeshares a good place to learn more is in Timeshare Forum. We Own Timeshares.com is a new social network full of Timeshare Information and it has a great forum too. It is free and easy to join this timeshare social network. Create your own profile in minutes, share experiences and reviews of different timeshare locations and start asking questions in the forum today.

Timeshare Resale Leader, Sell My Timeshare NOW, Receives Growth Funding of $1.6 Million

DOVER, NH (June 14, 2010) — Sell My Timeshare NOW announces a new business expansion made possible through $1.6 million in follow-on investment funding from growth partner Edison Venture Fund. Based on extensive due diligence Edison led the financing, which included commitment by existing investment partners of Sell My Timeshare NOW. Proceeds of the funding will be directed to the company’s sales expansion, marketing, customer support services, and product development. Founded in 2003, Sell My Timeshare NOW has grown to become the leading online secondary marketplace for timeshares on a resale basis. Each month, averaging more than 2 million page views, the Sell My Timeshare NOW websites deliver 86,000 offers valued at $88 million for timeshare rentals and 61,000 offers valued at $338 million for timeshare resales to timeshare owners and developers.

Expanding to better serve not only consumers, but the timeshare industry itself, Sell My Timeshare NOW has launched Vacation Property Solutions, providing industry specific solutions developed to support the timeshare resale needs of developers and HOA’s. Michael Kopelman, Principal of the Edison Venture Fund, says, “The company is currently in negotiations with many of the timeshare industry’s most prominent brands… Jason’s domain expertise, vision, and leadership will help the company to scale to the next level.”

CEO Jason Tremblay adds, “Edison’s strategic counsel and experience in accelerating the growth of their portfolio companies has played a key role in the success of Sell My Timeshare NOW. We look forward to serving the timeshare industry and the consumer marketplace as the de facto online destination for vacation ownership products.”

About Edison Venture Fund
Established in 1986, Edison partners with entrepreneurs, service providers, and other financing sources to build successful companies by providing capital and value-added services to late stage ($5 to 20 million revenue), information technology businesses. Edison typically serves as the sole or lead investor in financings up to $10 million; initial investments range from $5 to 8 million. Edison also funds management buyouts, spinouts and secondary stock purchases, and recapitalizations.

Based in Lawrenceville, NJ; Needham, MA; New York, NY; and McLean, VA, Edison’s industry specialties include application software, financial technology, communications, healthcare IT and interactive marketing. Edison’s successes include Axent, POMS, Vocus, MathSoft, Mapics, Netegrity, VirtualEdge, Visual Networks, and many other information technology leaders, which have a combined market value exceeding $5 billion. Edison currently has $550 million under management and is actively making new investments. www.edisonventure.com

About Sell My Timeshare NOW

The company is the recognized global leader in online timeshare resale and rental marketing, with over $427 million in offers through its websites in 2009. The company’s flagship website, SellMyTimeshareNOW.com, provides internet advertising and marketing solutions for timeshare owners seeking to sell or rent their timeshare while offering timeshare buyers and timeshare renters competitively priced vacation ownership and rental opportunities. In addition, the company also offers success-based services through its brokerage arm, Timeshare Broker Services. Headquartered in Dover, NH with offices in Orlando, FL, Sell My Timeshare NOW has over 150 employees and has been recognized on the Inc. 500 and 5000 Lists for the second consecutive year as one of the fastest-growing privately held companies in the country.

Contact:
Kelley Marggraf, Executive Assistant to CEO Jason Tremblay
[email protected]

SOURCE: Sell My Timeshare Now

What are the Alternatives to Timeshares?

Over the last several decades, the popularity of timeshares has grown by many folds. So much so that over two million Americans have timeshare properties, both in and out of the country. But the rise of timeshare industry also saw the rise in scams and frauds. More recently the timeshare industry has been plagued by unscrupulous activities of frauds and scammers. Notwithstanding these serious problems with timeshares a new breed of alternatives are emerging. One of the main reasons why people were attracted towards timeshares was that it will be an expensive affair for a big family to vacation every year at a hotel or a resort. Timeshares proved to be an economical solution to all that.

Most times, a timeshare property provides a good value for its cost. However, there are large upfront purchase costs, which must be paid. Purchase prices can range from $5,000-$50,000. Furthermore, the owner of the property is responsible for property taxes and make as well as maintenance and management fees that support the upkeep of the property. These fees can range from $200 to more than $1000 per year. Occasionally these fees outweigh the long-term benefits of timeshare ownership.

Exchange programs allow a timeshare owner to trade the use of their property for the use of a property at a different location. However not all timeshare properties offer this option. Even when they do they're usually fees associated with the exchange. Selling a timeshare can also be very difficult. It is not common to see timeshares selling at 40% reduction from their original price.

Recently the vacation industry has been washed over by a wave of new concepts. One of these concepts is the idea of a resort membership. With a resort membership for your one-time investment you can enjoy the benefits of the resort without having to pay taxes or maintenance fees, although there may be a yearly fee of some sort involved. Prices vary widely from several thousand to more than $100,000, but the odds are, you can find something within your budget.

You might be able to find a lifetime membership at a resort for approximately $3000. This would be a pretty good deal. They may also offer a limited five-year membership for a little bit less. This resort membership would give you access to the resort when ever you want to go and would likely allow the use of other resorts within that company's network. So, this could be an affordable vacation solution.

Condo hotels are another new concept that have been gaining popularity as of late. Currently there are few owners, but the concept is receiving high reviews and seems to work well. Essentially, you would be buying a condo in a high-class hotel and receiving all the benefits and amenities available at the hotel. If you are not using your condo you can put it up for rent and receive a percentage of the revenue that it produces. Compared to a timeshare property a condo hotel may offer you more flexibility and a wider range of amenities across a variety of locations.

These newer alternatives in addition to traditional timeshare programs have expanded the range of possibilities available to you. When considering making a long-term investment in your future vacations. It is always wise to thoroughly consider the benefits and drawbacks of each alternative program before making your purchase. Although timeshare programs continue to grow they may or may not be the best solution for you. It's up to you to decide.

If you are interested in timeshare ownership and want to discover more Timeshare Information, you should check out We Own Timeshares. Meet and connect with timeshare owners on this Timeshare Ownership social network. It is free to join and you can create your own profile in minutes. Share experiences and reviews of different timeshare properties and begin asking questions in the forum. Visit today.

What is the Difference Between Timeshares and Fractional Ownership?

When most people think about timeshares and fractional ownership properties, they imagine paying for the right to a few weeks of vacation time a year, usually in a luxury home or condominium near popular tourist destinations. In reality, there are actually some stark differences between standard timeshare properties and those that are classified as fractional ownership.

When buying a timeshare, investors are purchasing the right to use a property for a specific allotment of “time” each year. They “share” this property with other investors. The allotments may be for one week or longer. In most cases, this does not include any ownership in the real estate; instead, it is typically owned by a development company or other entity. Investors simply own the right to its use. Consequently, they also do not benefit from any appreciation of the real estate or from any of the proceeds if the resort is sold to another owner. Despite this fact, most resort companies also require investors to pay a hefty yearly maintenance fee to cover taxes and upkeep.

Today, many of the most popular timeshares don’t require investors to use their time allotment at the same time every year. Instead, buyers have “floating” weeks that can be reserved by the investors each year based on availability — much like one reserves a hotel room. Some timeshare arrangements include properties in multiple locations, allowing people to choose different resorts in different areas each year, and may even allow people to trade “credits” for use between other resort companies.

While fractional, or shared, ownership properties have similarities to timeshares, fractional ownership offers investors more perks. The major difference is that the investors own a share of the property as well as a time allotment in which they can use it. The number of people who have shares determines the length of time each investor is allotted. For example, if four people each own a quarter share, then the property would be at the disposal of each investor for three months out of the year. Because the investors each own a pre-determined share of the house, they are equally liable for the upkeep and taxes. However, they are also equally entitled to benefit from an appreciated value or proceeds from the sale of the real estate.

Fractional ownership properties are becoming more and more popular. The most attractive benefit of this arrangement is that it allows people to purchase property they may otherwise have not been able to afford. Additionally, the burden of the expenses of maintaining the property throughout the year is shared equally among the co-owners, making the arrangement even more affordable as well as less stressful.

In addition, most fractional ownership properties allow investors to enjoy the property for considerably more time than possible in a standard timeshare. Investors in these properties may choose to live in the property three months out of the year – or for however long their share is worth – or to just have secure lodging during extended vacation times.

Fractional ownership properties may not offer quite the same flexibility some timeshares provide (i.e., “floating” weeks and the ability to exchange credits easily between resort companies). However, savvy shared property owners may instead opt to rent out their share in increments of a week or month. This way, their share ends up paying for itself several times over.

What Do You Know About Timeshares?

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A piece of property that is shared among a number of owners is called a timeshare. Even though many timeshare properties are condominium resorts, it is becoming more common to find timeshares that involve cruise ships, motor homes, hotels, or even campgrounds. The concept of timeshare properties gained strength during the 1960s in Europe as real estate rates were dramatically increasing and vacation homes are becoming unaffordable. However, when the ownership of a property is shared between many people the burden of maintenance and other costs become greatly reduced for the individual. This allowed for more people to own a vacation property and for real estate developers to market the properties to a larger number of people. The key to a timeshare property is that it is owned by a number of people with no connection to each other.

With a more traditional timeshare, the owner controls the use of a single property during a single block of time. However, just as timeshare ownership has grown in popularity, the flexibility of ownership has also increased. Under a more flexible ownership option, you may have a choice of choosing from more than one timeshare destination, as well as choosing the time period in which you will use the property. This means you won't be limited to a specific time of year.

Since timeshare properties are commonly used for vacation, they are often found in warm destinations such as Florida, but they may also be found near ski resorts, lakes or golf courses. A typical timeshare property will have between one and three bedrooms, several bathrooms, a kitchen and a living room. Most locations will also feature pools, day spas and fitness centers. A variety of amenities are common features at most timeshare locations today

Most timeshare properties are owned in one-week increments. The price of purchase a week of use varies depending on the location and the time of year that you own the property. Essentially, rates vary depending on demand during different seasons at that location. For instance, the ownership of a timeshare property during the month of June in Southern California will carry a higher cost than it will during the month of October. It is common for resorts to use color codes that indicate increasing demand during various high use seasons. Therefore the color red may indicate a high demand for the timeshare property and you can expect that to translate into a higher cost of purchase.

Since timeshares are deeded real estate properties, they can typically be inherited by your children. this makes them a great long term vacation investment that your family will benefit from for years to come. It is also possible to rent out your timeshare to others when you are not using it. Since it is your property, you will receive the full value of rental income that your timeshare can generate. another advantage to timeshares is the fact that they can be exchanged or traded with other timeshare properties. Just remember that when trading the use of your timeshare during a low demand season, it may be difficult to find another person that wants to use the property during that time.

Just as in purchasing any other piece of real estate, a timeshare property may be purchased in cash or through some type of financing. The cost of the management of the property, as well as the maintenance of the facilities is spread out among the owners through the payment of annual fees. Fees may vary widely depending on location and should be considered prior to purchase.

There are many different types of timeshare ownership options to consider before making a purchase. however as indicated by its growing popularity, timeshare ownership can be a great long-term investment option for your families future vacations.
If you are interested in timeshares and want to learn more about owning a Timeshare Property, or if you want to network and associate with other timeshare owners, visit We Own Timeshares.com. We Own Timeshares.com is a new social network full of Timeshare Information. It is free and easy to join this timeshare social network. Create your own profile in minutes, share experiences and reviews of different timeshare locations and start asking questions in the forum.

Timeshare Compensation Claims under the 1994 European Timeshare Directive

Just stumbled on this website today and I though I should shared this with you:

Claims Directive and its sponsors now representing misrepresented timeshare owners that purchased in Spain or its islands, on No Win No Fee timeshare claims, under the 1994 European timeshare directive.

Have you been timeshare scammed in Spain or its Islands, is your timeshare now worthless, have your timeshare maintenance fees gone through the roof, are you in the timeshare trap.

If you purchased your timeshare after 1994 in Spain or its Islands you may be entitled to claim up to 100% of your purchase price back, even if the company you purchased from is no longer trading or your timeshare resort is under different management.

Our sponsor has over 300 live cases against timeshare developers in the last 7 months, using fully registered Spanish lawyers and Notaries, and working on a NO WIN NO FEE basis, it could not be easier to validate your claim.

To begin the claims procedure to claim your refund, you must qualify on at least one of the points below:
1, You must have purchased the timeshare in Spain or its Islands after October 1994.
2, You did not receive a cooling off period.
3, You paid a deposit on or during the cooling off period.
4, You were misrepresented or mis-sold during the purchase presentation.
5, You did not receive all relevant paperwork and information of your purchase within the first 3 months of your membership.
6, You signed up to a finance agreement that was misrepresented during the sales presentation.
7. You were mis-sold over the rate of maintenance yearly costs.
If you think you qualify on one or more of the above 7 points, you should go to
www.claimsdirective.com , click the link timeshare mis-selling, and fill out the claims questionnaire; your initial claim will be validated within 48 hours.

Our sponsor works on a NO WIN NO FEE basis, and charges 25% of your total successful claim.

Claims Directive timeshare compensation for owners who purchased in Spain.

www.claimsdirective.com for timeshare help, timeshares, timeshare advice, timeshare claims, timeshare consumers, timeshare law, timeshare compensation, timeshare mis-selling, timeshare misrepresentation, timeshare scams, timeshare legal advice, timeshare resale claims, timeshare directive, free timeshare advice.