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If you are someone who enjoys vacationing in the same spot during a certain season of the year, then buying a timeshare might be an option to take into consideration, but first you need to knowhow to buy a timeshare properly in order to save thousands of dollars. Read this article to know more about timeshare ownership and if it’s a good purchase for a regular traveler.
About timesharesTimeshares remain a strong pillar of the travel and leisure industry. Timeshare companies offer numerous vacation plans, properties and memberships in order to sell each single one of their timeshare units, which constitutes an extremely profitable business for them, considering that each unit is sold to 52 different owners, at an average price of $20,000 usd. Timeshare properties are regularly sold as a fixed weeks program. This means that you purchase the unit for use during a specific week of the year, and the truth is that most timeshares work this way. Even though there are other timeshare plans which are much more flexible than the fixed weeks program, such as the points-based system and the splitted-week, you will still be attached to the resorts regulations on how to use your timeshare and when. How to buy a timeshare – Things you need to knowFollow the next steps to know how to buy a timeshare appropriately:
Am I taking the right decision by buying a timeshare?There are good timeshares out there, as well as there are people who feel happy about their timeshare purchases, especially those who enjoy to vacation at the same place and are not spontaneous travelers. Unfortunately, due to the big number of timeshare scams being committed against many vacationers, the industry has gained a terrible reputation. You will be attached to the resort and to several terms and conditions in order to use your timeshare, and to be honest, you can find much better deals when planning your vacations on your own, with the freedom to go anywhere you want, anytime you’d like. Because of these explained above, we consider that buying a timeshare is not exactly a good financial decision, as there are many other options available to travel for a reasonable price. At Mexican Timeshare Solutions, we assist timeshare purchasers who want to get rid of their vacation properties. Our associates have several years experience in the timeshare industry and are successfully able to resolve timeshare scam cases in an ethical and professional manner.Contact us for a free consultation on how we can help you cancel your timeshare contract. Remember, our service is risk free as we work based on results so you do not waste any money paid up front. If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how? Information to Share
Are timeshares scams? Buy timeshare- What`s the big risk it? Timeshare upgrades: should you upgrade or buy a new timeshare Timeshares are sold for thousands of dollars, but, is that their real value? How much is your timeshare worth? Find out by reading the next article
One of the biggest timeshare complaints is that the units are usually overpriced. People basically pay thousands of dollars for a contract and the right to use one or more units of the resort for a specific number of weeks, during a certain period –which goes from 5 to 50 years–. The purchase of a timeshare is like making reservations for your next vacations for the next years, which doesn’t seem to be that wise, does it? By the time timeshare owners realize that they don’t really need their vacation ownership, as they can basically get same quality vacations for a better price, it might be too late to cancel their contract with the resort’s customer service. That’s when they start thinking on different possibilities to get rid of their properties, and most of them think on selling the unit, but once they get to the resale market, they understand that the value of their timeshare has collapsed. So,how much is my timeshare worth? Read the next article to find out the real value of your timeshare unit. Price and ValueLet’s start by not confusing price and value. The price is the monetary value that is assigned to a certain good or service, and this is determined by what the prospect buyer is willing to pay, and by the supply and demand. Therefore, the exactly same timeshare ownership can be sold to two different owners for very different prices. The value, on the other hand, is the benefit that the customer gets by acquiring a certain good or service, as well as the capacity of satisfaction that the product can provide. Consequently, if you ask us, how much is my timeshare worth? Our answer wouldn’t match with the price you originally paid for your timeshare. For that reason, you could easily find an eBay timeshare for sale for just $1 or even less. Before buying a timeshare, we highly recommend you to think how you will use the unit during the next years, if you will be able to pay your timeshare maintenance fees, and to do an internet research of the company. The resale marketDo not expect to sell your timeshare at the same price that you first bought it; timeshare pricesare way higher than their real value. That’s right, let’s don’t forget that timeshares are overpriced, and they actually lose over 50% of their purchase price allocation once the contract is signed. However, start with a competitive price, but be always open to negotiate, remember that people like to bargain. Nevertheless, chose a realistic price, and keep in mind that the lower prices get the most action. Also, do not feel afraid to take a loss, you will hardly make a profit out of your timeshare. In fact, determining the resale price of your timeshare unit is the easy part, the hardest is the process of selling it. Unfortunately, there is actually not a significant resale market for timeshares, and the stark truth is that most timeshares are worthless. And our biggest advice: Never pay a large upfront fee to sell your timeshare. There are manytimeshare resale scam companies that claim to sell your vacation ownership for unrealistic prices, but once you paid an upfront fee, they disappear. How much is my timeshare worth?By this time, you might feel a little regretful of your purchase, which is understandable, but not terrible. To answer to your question– How much is my timeshare worth? – The price will be determined by the resort, the location, and the number of weeks you own, but the real value is almost zero, as most timeshares are worthless. The trend to appreciate things for their price, and not for their real value, induces us to waste our hard-earned money, inasmuch as we frequently lose the capacity to distinguish between what it’s valuable and what is not. However, if you really want to get rid of your timeshare, it will be almost impossible to do so if you decide to sell it. Timeshare cancellation is the best option to get rid of an unwanted timeshare. At Mexican Timeshare Solutions, we assist timeshare purchasers who feel they were scammed or taken advantage of by the salesmen. MTS is a legitimate company with an A rating on the BBB, Our associates have several years experience in the timeshare industry and are successfully able to resolve timeshare scam cases in an ethical and professional manner. Contact MTS today for a free consultation and get rid of the financial burdens that your timeshare gives you. Information to ShareIf you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?
To know more about timeshare values go to:Get out of timeshare legally How much do timeshares cost? Timeshare prices, are they affordable? Is it worth buying a timeshare? Learn more about timeshare industry and how the cost can be very volatile
According to some travel magazines and newspapers, timeshares have “revolutionized” the way to vacation, making it one of the fastest growing sectors of the travel industry and creating the perception that a timeshare is an intelligent investment and great way to spend quality time with your beloved ones, but this is just the tip of the iceberg. What is really intriguing is the rest of the information that is hidden under the water. Everything happens for a reason, and sometimes the reasons are wrong. Timeshare sales practices are often high-pressure and fraudulent. When attending to a timeshare presentation; people are put into a 2-4 hours nightmare where they are told over and over again how great it would be for them to buy a timeshare, at the extent it gets annoying and even aggressive. On one side are the resorts, claiming that buying a timeshare is a good investment and a fantastic way to vacation, and on the other side are the dissatisfied owners, who are desperately looking for solutions to get rid of their properties. All of this has created lots of confusion on how much do timeshares cost, and if it’s really worth it to purchase one. How much do timeshares cost – The variablesThere are some variables that determine how much do timeshares cost. The cost of a timeshare will depend on:
How much do timeshares cost – Extra costsSince a timeshare will be like a partial residence, there will be a tax implication. It would be great if by getting a timeshare you’d only have to pay the purchase price, but along that purchase come the annual fees you have the responsibility to pay. This fact alters the perception given by the resorts on how much do timeshares cost. If you buy a timeshare for 20 or 30 years, you have to keep in mind you will have to pay those fees whether you use your timeshare week or not, and the fees won’t stay fixed, they will increase while the time goes by. The fees and the taxes depend enormously on the value of the timeshare and the location.
Timeshares used to be considered unique and as a luxury, but now they are just like any other resort suite. There is nothing special about them. The amenities you will receive with your purchase depend on the timeshare running resort, and as it was mentioned, they are on more variable that determine how much do timeshares cost. The more amenities the resort has, the more expensive the timeshare is. How much do timeshares cost – Is it worth it? Straight up and simple: No. By simple logic, a timeshare needs to be seen as an expensive purchase and not as an investment. So, how much do timeshares cost? – . Before making a timeshare purchase you have to think objectively, despite all the promises you will be told in order for you to buy a timeshare. If a timeshare is such a good investment, why are thousands of people to sell their properties? Very simple, because it is really hard to keep on with the annual payments, and with the economy as it is now, it is important to manage our money properly and keep our credit record clean, for the sake of our families. If you find yourself in a situation where you are stuck with a timeshare you don’t want anymore, there is no reason to be hopeless. Everything has a solution, and the best way to get rid of a timeshare is by cancelling the contract. At Mexican Timeshare Solutions we offer you a free consultation on your timeshare matter, and we do not make any charges until your contract is appropriately cancelled. Contact MTS today and relief yourself from your timeshare; get the financial freedom we’re all looking for. Information to shareIf you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?
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The sale of timeshare ownership has become an enormously profitable way for resorts to generate additional income. In essence, buying a timeshare means that you get to share a vacation property with different parties, usually divided by 52 weeks. If you are interested in getting one of these properties, it is very likely that you have to assist a sales presentation, where you will be pushed at a certain point to sign a sales agreement. But, how do I know if I was a timeshare scam victim? In the following paragraphs we will tell you the most common lies said during timeshare presentations.
Also Read: Timeshare Graud; 5 tips timeshare Resorts Don´t want you to know. Timeshare scams: One of the most popular frauds in MexicoMexican timeshare fraud has been increasing over the last years, this according to PROFECO, the Government’s Consumer Protection Agency in Mexico. Only this year, from January to April, 478 complaints about 20 different timeshare companies have already been filed, but that is only the beginning. After the complaint is filed, it takes a long time to accomplish a conciliation of the case, and that is not always possible. Before buying a timeshare in Mexico, it is very important that you get to know your timeshare cancellation rights. When you purchase a timeshare in Mexico, you have 5 business days to cancel the contract; this after the contract is signed. Another important thing to know, it’s that under the Mexican law, verbal promises are not valid if they are not written. Therefore, you should read your contract very carefully before you sign it. How do I know if I was a timeshare scam victim?At this point, you are probably wondering, How do I know if I was a timeshare scam victim? –If you know recognize any of the following statements, it is very likely that you are a timeshare scam victim:
What to do if I end up being a timeshare scam victim?If you unfortunately, find yourself stuck in a timeshare scam, you will be glad to hear that there is a way to get out of timeshare legally. If you have already purchased a timeshare, contact us at Mexican Timeshare Solutions. We offer professional and efficient services to cancel your timeshare contract as soon as possible. At MTS, we will work hard on your behalf and with no upfront fees. Contact us today for a free consultation! Information to shareIf you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?
Timeshare scams increase in bad economy Timeshare fraud and Timeshare Scam: 8 tips to detect if you are a victim With a large number of complaints being filed every day, timeshare laws are more getting more rigid, however, timeshare resale scams are becoming more planned andsophisticated. Know one of the largest timeshare scams perpetuated in Mexico.
Timeshare resales are the order of the day when it comes to timeshare scams. Every year, thousands of people are defrauded by several timeshare resale companies, which disappear after a while. Timeshare scams take millions of dollars, leaving a big number of timeshare owners in a critical financial situation. There’s no smoke without fire, and if there is bad news about something, such as complaints and deceits, is better if you stay away from it. One of the reasons people keep falling for these scams is that timeshare salespeople are experts on lying —they can lie straight to your face without feeling any bad conscious— therefore, it is important that you try not to let yourself be dazzled with over realistic promises. Grand Weeks VIP is one of the latest and biggest scams. Grand Weeks VIPGrand Weeks VIP is a vacation package. Timeshare owners are the biggest target of this scam. This fraud is mostly executed in Cabo San Lucas, a world popular beach destination located in Mexico. The salesperson invites the potential victims to a timeshare presentation in Cabo Viejo. The salespeople claim to the owners that they can sell their timeshare for impressively large amounts of money. Part of the deal is that you need to buy a “membership” which you can use to stay at several luxury resorts for very reasonable rates. This membership costs about $2000.00 USD plus some additional fees. After you buy the membership, you are promised you will receive the payment for your timeshare within 60-90 days, of course, that never happens. Once you pay the asked amount, another company involved claims you must pay $700.00 USD, at the same time, an escrow company asks for $875.00 for closing cost, and then another $800.00 USD for attorney’s fees. - Companies involved:Essential Resorts LTD: Essential Resorts is the Travel Club which will supposedly buy your timeshare. This Company had an F rating on the BBB, but is no longer accredited. Contact names: Julian Rosenthal, Cindy Watts, Raúl Mendez Phone: 786-347-6485 (Disconnected) Financial Services International: With an F rating on the BBB, Financial Services International is the Escrow Company that takes part of this scam. Contact names: James Hoffman, Tony Rogers, Frank Rivers Phone: 210-401-8702 (Disconnected) Email: [email protected] Grand Weeks/Servicios Vacacionales: This is the company where you buy the membership. As the other companies involved, Grand Weeks VIP had an F rating on the BBB and is no longer accredited. The promises are big, but the services are useless. They claim to be part of theSabre Travel Network, even where they are not. Contact names: Raul Mendez, Cindy Watts, Julian Rosenthal Phone: 888-560-4058 (Disconnected) This is a very sophisticated and well planned scam. Costumers should be cautions and know all the details about this fraud. Common complaintsMost of the complaints come out of Cabo San Lucas, Mexico. Despite of all the promises, the owners got nothing but scammed. These are some of the most common complaints about Grand Weeks VIP:
If you, or someone you know, are stuck with timeshare you don’t want or you can’t afford, the best solution for you is to cancel your contract. Contact Mexican Timeshare Solutions for a free consultation on your matter. MTS is a legit company with an A rating on the BBB, which works under a contingency basis and only collects fees when the contract is fully cancelled. ContactMTS today for a free advice and get ready to get rid of your timeshare in a professional manner. Information to shareIf you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?
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Grand Miramar Club & Spa All Inclusive, Puerto Vallarta Hotels, World Luxury Destinations
Legal Name:Disyga, S.A. de C.V., TH Paraiso Azul S.A. de C.V. Resort sales locationsPuerto Vallarta Rental Companies:High End Rentals, Horizon Property Managment, Luxury Vallarta Rentals, Holiday Vacation Management, Continental ResourcesHotel Representatives:Cesar Mendez, Mark Gardea, Johnny Montalvo, John MonteCommon Complaints:
Member Services USA/CAN: 1-877-839-3927 Reservations USA/CAN: 1-877-874-8901 FAX USA/CAN: 1-800-491-2906 Reservaciones México: 01-800-681-9546 Fax México: 01-800-681-9536 About Mexican Timeshare Solutions: Our goal is to assist timeshare purchasers who feel they were scammed or taken advantage of by fraudulent salespeople. No upfront fees for our services cancelling timeshare frauds. We offer a free consultation and we do not rest until get your cancellation. Contact: http://timesharescam.com Toll-free: 888-275-3595 Telephone: 714-277-3662 Mexico: 334-162-5467 [email protected] Grand Bay Resort, Marina del Sol Grand
Legal Name:Grand Bay Resorts S.A. de C.V. Resort sales locationsMazatlan Rental Companies:Market Value Properties, Diamond International EscrowHotel Representatives:Carlos Galindo, Mauricio GarciaCommon Complaints:
U.S.A. or Canada: 510-779-3667 About Mexican Timeshare Solutions: Our goal is to assist timeshare purchasers who feel they were scammed or taken advantage of by fraudulent salespeople. No upfront fees for our services cancelling timeshare frauds. We offer a free consultation and we do not rest until get your cancellation. Contact: http://timesharescam.com Toll-free: 888-275-3595 Telephone: 714-277-3662 Mexico: 334-162-5467 [email protected] |