Autumn Brings Timeshare Relief Through the Midwest

With children back at school and the leaves soon to change colors, many timeshare owners realize that annual maintenance fees are around the corner.  With the down economy, any needless outlay of cash can be difficult, but especially knowing that these payments will go on for years and years hence can make things feel even worse.

So, Timeshare Relief wants to meet timeshare owners face-to-face to discuss their options.  This weekend from September 18 to 21, advocates and consultants from Timeshare Relief will be in a number of states mainly throughout the Midwest, as well as Oregon, North Carolina and even parts of Canada.  Registration is required and details of our locations can only be given over the phone by calling into our offices at 1-866-797-0535.

We look forward to meeting with you.  Have a great weekend!

The Price of Timeshare Foreclosures – Having All Owners Pay

During this time of financial difficulty, timeshare foreclosures have increased dramatically.  Like foreclosures on homes, the result is very damaging to one’s credit for future large purchases.  It’s simply another reason why many people should never purchase a timeshare ever.

But there is also a more hidden cost of timeshare foreclosures and non-payment of maintenance fees.  The timeshare property management companies rely on having a certain level of revenue in order to maintain & manage the property properly.  With a decrease in operating funds, they need to find it from other sources — namely those timeshare owners that CAN pay their maintenance fees.  So, there are a number of reports of owners receiving special assessment bills due to the fact that the annual maintenance fees are not able to cover the operational cost of their timeshare resort.

It’s very similar to what is happening with local and state governments.  Because of decreased tax revenue, they have to tax those that CAN pay to cover shortfalls.  There’s very little use in taxing those that cannot pay, except perhaps penalties that may or may not be collected in the future.

All timeshare owners who paid their special assessments should ask if they can receive some of the profits when the economy improves and resorts are awash in maintenance fees.  Think they’ll do it?