Timeshare Tax Incentives
Was there any mention of a timeshare or the trip being a tax break or incentive?
All owners must be afforded the right to fully understand their right to cancel their timeshare contract. This rescission period must be shown, explained, and signed by all owners.
Timeshare tours are to last 90 minutes. When the tour length gets over 3 hours there may be coercion and needs to be investigated..
Were you told that your purchase will increase in value, sell at a greater price, or due to location it is worth more than other locations?
Any mention or promise that the you would be able to sell their timeshare for a profit, that the timeshare company will buy it back, or being able to rent their unit, points, or weeks to cover the cost of maintenance fees, mortgage, and any other costs.
In recent years we have talked with hundreds of timeshare owners each month. While most stories we hear are very similar, we still run into some that are quite unique. Usually, if you own timeshare it went something like this…Maybe you were seeking a better vacation lifestyle or you were promised gifts and a great vacation to attend a “brief 90-minute timeshare presentation”. Even though you looked at each other and said “I don't care if they are selling buckets of gold for $1, we are not buying anything” you somehow left that presentation as the proud new owners of a timeshare. The salesperson probably explained that you were making a great investment and told you that you could travel anywhere you wanted to go, when you wanted to go there. But, after several years of trying to use it and not being able to, whether it be due to scheduling conflicts, availability issues or other changes in your lives, you have found yourselves asking the question "Why are we paying all these crazy fees and not even using it? "
You are not alone. Most timeshare owners were not expecting their maintenance fees to go up. Most timeshare owners expected that they would be able to sell their timeshare when they were done with it. (91% of timeshare owners think about selling their timeshare, 68% act on it) So then you may have taken the next step that those 68% of timeshare owner’s have tried, the timeshare resale market. You’ve paid a listing company sell your timeshare for you. They probably told you that they had someone lined up to buy it as soon as you paid their upfront listing fee. Of course, there was no buyer and there isn’t anything that you can do to retrieve the funds that you paid to list it.
Whether it be the increasing maintenance fees, the lack of availability, the resort’s refusal to buy back your timeshare or you have been down the timeshare resale road, RSI is here to help you out. RSI was started to help those of you who want to get out of their timeshare forever. We can help you achieve just that, getting out of your timeshare forever. To date, we have helped thousands of Americans get out of their timeshare and we can do the same for you and your family. Our services are guaranteed 100% in writing. Contact us today to get out of your timeshare and never pay another maintenance fee, special assessment or association dues again.
Stuck in Timeshare ?
We understand your business , your industry and your unique challenges. RSI will help you in Terminating your Timeshare Permanently! Contact us Today and Learn about your 100% Money Back Guarantee.
Timeshare Closing Process
Any and all documents that require a signature or an initial must have been fully explained by the closing agent. Many times this process will be rushed or hurried to get the owners out the door without asking questions. That is a violation of timeshare regulations and is another way in which Relief Solutions International can Help Now.
Timeshare Owners must be given the opportunity to understand what an exchange is, how it works, and that there are fees associated with exchanges. Any mention to never paying exchange fees must be investigated.
Any meetings other than a prescribed sales presentation is against timeshare regulations. Dinner parties, party weekends, owner’s updates, or any other name for a reason to get the owners to meet for a sales presentation.