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Timeshares – What Maintenance Fees are (maybe) for
There is perpetual confusion among timeshare owners as to what “maintenance fees” truly are. Why am I paying them, what is being maintained, how do developers determine what they are, who does that money go to? For the most part, there never seem to be real answers to those questions, sort of like “shipping and [...]
Timeshares and Bankruptcy – The Relationship
With the downturn in the economy, many people have found themselves unable to pay for the things they still owe money on and look to filing for bankruptcy as an unfortunate circumstance of this. Timeshare owners who declare bankruptcy should take these steps.
1 – Be sure to list your timeshare unit along with all your [...]
Timeshare Geography: Consider the Travel Costs
You spend the money on the timeshare itself, sign the contracts, agree to the maintenance fees, accept the responsibility of having to schedule vacations and trips potentially months or years in advance, and then, you think to yourself, “I’ve done it!”
Well, not quite. You may assume that with these costs and preparations that your perfect [...]
Types of Timeshare Ownerships: What You Need to Know
Three are two major types of timeshare ownership, “deeded” and “non-deeded” (also known as a “right-to-use”), and two major types of scheduling, “fixed” and “floating.” On research of these factors, there seems to be some confusion as to how these ownership and scheduling systems relate to each other, but here is some basic information. If [...]
Timeshare Cold Calling: 5 Techniques to Watch For
with the advent of the Federal No-Call Registry, there are times when you may be cold called by a timeshare telemarketer. There are several ways that this can happen, including friends signing you up when asked “do you know anyone who might be interested in this program?” or loopholes in warranty card registration or [...]
Timeshare Report: Understanding Timeshare Sales Tactics
Dealing with salespeople is often a part of making a major purchase. Usually when making these purchases, you have four resources to pull from to help you make your decision: your own personal experiences, the ability to ask other people what they think, competition among people who want to sell you that product, and time [...]
Is the Timeshare Industry Suffering the Same Fate as the Sub Prime Mortgage Meltdown?
According to Reuters and recent filings with the SEC, “Marriott International, Inc. recently announced the completion of a private placement of Timeshare Loan Backed Notes by Marriott Vacation Club Owner Trust 2009-2. The notes were sold without recourse to Marriott or its affiliates.
Marriot which has around $2.6 billion in debt and a negative net worth [...]
Top 10 Timeshare Industry Sales Scams
Apex Professionals spends a lot of time writing content intended to inform our customers and the average timeshare consumer in general in the hope that we will be able to shed some light. The timeshare sales process is designed to trick the buyer into paying a lot for something they don’t need in way that [...]
1 Dollar Timeshares
Apex Professionals, LLC has three, major goals; to assist current timeshare owners who are no longer willing to carry the financial burden that comes with their unwanted properties, to educate the masses on why timeshares are a bad investment and to help steer prospective timeshare owners away from these unwise, encumbering responsibilities.
We understand not [...]
A Timeshare By Any Other Name
William Shakespeare said, “A rose by any other name still smells as sweet.” Sadly for old Bill the reverse is also true – a bad idea packaged under a different name, in a different industry, still smells as rotten. And it’s the kind of smell that takes you years – if ever – to get [...]
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