Many timeshare owners are looking for ways to get out of
their timeshares, or simply want to get out from under the financial
responsibility. This is a common occurrence after the owner realizes what
ownership actually means. Lets take an in depth look at what timeshare
ownership is, and the responsibilities that go with it.
When you purchase a timeshare you are purchasing a
fractional ownership of a vacation property, usually for a week in a certain
size unit. This may or may not give you access to other properties within the
same company. Points systems are points you buy that you can use at any of the
parent company properties. Usually the amount of points you have equals the
length of time you can stay in a particular size unit. This was a way the
developers thought of to sell more intervals in the properties under their
management.
When you purchase the interval ownership whether points or
weeks you are the owner for life, unless it is a lease. What this means to the
consumer is that it is deeded to you in perpetuity, which means you are forever
stuck with it and whoever inherits your estate. It is not something you
can walk away from without severe penalties, financially, and credit damaging.
Most consumers, when they read the fine print on their contracts, or try to use
the property, realize the sales staff lied to them. This is when the red flags
and warning bells start to go off; What did I get myself into? Is what most
consumers ask, this is not your fault and you are not alone. Thousands of
consumers are sold timeshare under deceptive and misleading sales tactics every
year, and there is HELP. Timeshare-Answers is a professional consumer advocacy
company that specializes in helping timeshare owners cancel their contracts and
get their money back. If, you need help with a timeshare call Timeshare-Answers
today for a free consultation, and the let our expert staff assist you in your
time of need.
