Timeshare Relief

**Ima saver** · 07-30-2006, 02:27 PM

Re: Timeshare Relief

I don't no anything about timeshares, except it is a bad idea. One good point you mentioned, don't leave that burden to anyone in your will. I had never even thought of that!!

**34saving** · 07-30-2006, 02:46 PM

Re: Timeshare Relief

I'm not sure yet, but my guess is that this is a scam or at least a really bad deal. Start with a google seach of "Timeshare relief" and go from there. A few initial thoughts: 1) Some charities accept timeshares, have you thought about donating it? 2) Is anybody selling them on eBay . . .for anything? 3) Has everything already be transferred to you? It doesn't seem like you should be able to inherit a $3500 liability . . . 4) If everything isn't in your name have you thought about letting them foreclose?

**Ima saver** · 07-30-2006, 02:56 PM

Re: Timeshare Relief

It does seem smarter to donate than to pay for them to take it!

**poundwise** · 07-30-2006, 05:53 PM

Re: Timeshare Relief

You can't donate what you don't own.

If they have to pay $ to 'get rid' of it, that indicates that they don't own it free and clear and, hence, cannot donate it.

**jodi** · 07-30-2006, 06:36 PM

Re: Timeshare Relief

I just looked it up on the Better Business Bureau's website (bbb.org) - there are two companies by that name. One is in California and the other in Nevada (Las Vegas). One has a satisfactory record (7 complaints in last 36 months), the other is unsatisfactory (13 complaints, some unresolved/no response). Maybe you want to do a little more homework on your own...good luck. Sorry to hear you are stuck with such a burden.

**markio26** · 08-01-2006, 01:47 PM

Re: Timeshare Relief

i never heard of this... please let us know how it turns out... very interesting.............

**RJWC** · 08-24-2006, 09:21 AM

Re: Timeshare Relief

Originally posted by questions

We just left a presentation by Timeshare Relief and were hoping beyond hope that we could out of our timeshare which was left to us in a will and now we keep paying and paying for it. soo, we paid $3495 to "get rid" of it. Should we stop payment on this through our credit card company?

And, we too would like to know if Timeshare Relief actually does take this "burden" off our hands? do they really take over ownership completely? Including; taxes, maintenance fees, and assessment bills?

Can you (or others) tell me what you learned about Timeshare Relief? Did you complete the transaction and did it work to your satisfaction? I'm considering using them and another organization that does the same thing. Thanks for any help you or others can offer.

**Great to be Debt Free** · 08-24-2006, 12:31 PM

Re: Timeshare Relief

Ah -- I just avoided making hte same mistake. Our timeshare is paid off and basically these companies (TImeshare relief, Time No More, other names also) have you come to a presentation where they talk bad about the burden of timeshares. Then they make an actual offer on yours! But not before they con (my opinion) you into buying into their new "rented" vacation scheme.

This is one way for those folks who are burdened with increasing maintenance fees to unload their property. So yes, the company does take it off your hands (so long as it is up to date on fees), but you basicallly end up buying a different plan. So they get your property and more cash from you, too.

I saw a listing when I did a search for Time No More. There was a lady in FL who evidently sold her timeshare to Time No More for $10. No zeros missing.

I think you have three days to cancel a contract, so if you don't like what I've outlined and it sounds like what you saw, I might just rethink the decision. If, however, it works for you... by all means.

Hope this was helpful.

**LuxLiving** · 08-26-2006, 04:15 AM

Re: Timeshare Relief

I like my timeshare! I do understand that the costs associated with owning one are not for everyone. I'd think that they were scamming you. If you can't afford to keep it, I'd also look into either donating it or trying to think of a way to make it pay for you.

Have you looked into renting yours out? Every few years or so something comes up and we aren't able to use ours ourself and so we rent it out.

**Great to be Debt Free** · 08-27-2006, 07:15 AM

Re: Timeshare Relief

Yes, DH and I actually have 2 timeshares. The only reason we may want to sell one is because the other one just works out so much better for us. DH grew up in a family that had invested in a timeshare. His Dad was a notorious workaholic, but the fact that the vacation was already paid for meant that every year, they took it and went down to Hilton Head. They all have wonderful memories and last year was the 25th anniversary of their first visit. All the kids and spouses and everyone got together and had a blast!

For some folks, it's great -- for others, it can be underutilized and just another outgoing check. A lot have a lot more flexibility these days with places you can trade for. We've been able to gift some friends and family members with honeymoons and trips they could never have taken otherwise.

But if you want to buy a timeshare, in most cases you'll do a lot better buying resales -- buying from the owner organization costs a lot more and there are only a couple of benefits with some companies for buying direct.

**scrava** · 08-27-2006, 07:38 AM

Re: Timeshare Relief

yikes
i have a friend who does the timeshare thing where you can swap
places. I always thought that sounded really cool. Last year they did FL this year AZ

**Ima saver** · 08-27-2006, 10:01 AM

Re: Timeshare Relief

I think some of them have really high fees! How much do you all pay? (those of you with timeshares)

**gopher** · 09-02-2006, 12:32 PM

Re: Timeshare Relief

Hi, I'm new to the board and just registered. Bouncing around I came across this thread and had to add my thoughts. First off, I used to be one of those high pressure timeshare sales people so I know first hand what a racket it is. I also know that the timeshare companies and sales agents are not thrilled with companies like Timeshare Relief because they expose them for what they truly are. Sharks.

While timeshares are great for those fortunate enough to have the money and flexibility to use them the large majority of people who end up with them do not fall into that category and end up with an albatross around their neck. Trust me, I know.

Check the stats at the The Federal Trade Commission - they are grim. They are virtually impossible to sell or even donate. It's a simple case of supply and demand and when it comes to charity, no one is going to take on the financial strain. They may list it for free but you'll continue to pay all your fees until its sold which could take months or years if ever. So yes you do pay a compay like Timeshare Relief a fee to take your timeshare off your hands but you actually have it taken off your hands. Either way you're going to be paying, the difference is that once you make a payment to these guys it's your last one.

**Scanner** · 03-07-2007, 11:27 AM

I always wondered if I could get a great deal on the secondary market for timeshares because of people like the original poster.

My wife and I have thought about Disney Vacation Club but think they are way overpriced. However, if we could get one pennies on the dollar. . .well. . .may consider it.

Timeshare Relief