Colorado Consumer fraud timeshare bulletin

Whether you are considering Timesharing vacation ownership or you are already an owner, it is important to understand your timeshare maintenance fees. It is best to learn about these costs before buying a timeshare, so you can make an educated decision about this major, long-term purchase. To Timeshare owners looking for a better understanding of their maintenance fees—it’s never too late to learn! Below, we’ve answered essential questions regarding maintenance fees.

Maintenance Fee

1. An annual fee that a brokerage assesses on all accounts for the ability to keep an account at that brokerage. The Timeshare maintenance fees inflate every year may be larger if an account has few years of ownership on it for a given year. See also: Inactivity fee.

2. See: Timeshare’ association fee.

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

maintenance fee

The fee charged by a Timeshare Development to keep an investor’s account. For example, some brokerage firms levy a inflated maintenance fee on accounts that have been inactive during a year. Nearly all firms offering sweep accounts charge an annual maintenance fee.
Wall Street Words: An A to Z Guide to Investment Terms for Today’s Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

maintenance fee

Another name for a condo association fee and timeshare cancellation and timeshare exit companies pay for the timeshare foreclosure and consumer timeshare attorneys Timeshare maintenance fee, and sometimes used to describe the rent charged to a co-operative apartment owner.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.

Timeshare Release Now vs other Timeshare Exit Companies

Owning a timeshare can end up being a huge regret. If you purchased a timeshare that you don’t want anymore, you need to know how to get rid of a timeshare. Between maintenance fees and high monthly payments, you can’t afford to keep your timeshare. Read on to learn the benefits of timeshare cancellation and figure out how to get rid of a timeshare, for good!

You came back from vacation this year with some cheap trinkets for the kids, a sunburn, and a timeshare. While a sunburn can be painful, the worst souvenir you brought with you was a timeshare. You never thought that you would fall for a timeshare scam, but here you are, making a monthly payment of a few hundred dollars plus an annual maintenance fee that can be upwards of a thousand bucks.

What do you get for your money? In many cases a whole lot of nothing. Between booking premiums and inflexible “flex” points, you may find that you can’t go on any vacation that peaks your interest. So you settle. Until you don’t want to settle anymore and then you start researching how to get rid of a timeshare.

One option is to try to sell your timeshare. During the presentation, the timeshare salesman convinced you that this would be easy. In fact, you may even make a little extra cash by selling your timeshare. I am sorry to be the one to break it to you, but neither of these are true. Selling a timeshare is difficult. The retail market for used timeshares is almost non-existent, and even if you can find a buyer, your timeshare is most likely worth only a fraction of what you paid for it.

Of course, there are some cases when selling is the answer to how to get rid of a timeshare. Timeshares that are at in-demand resorts who sell limited quantities can sell for a significant chunk of money. In fact, recently a timeshare at a resort in Maui sold for $150,000. But, this is a luxury resort in Maui, not a second rate timeshare from a hotel in Scottsdale or somewhere in Florida.

Most timeshares end up being sold for a fraction of what was paid for them. The average price for a second-hand timeshare sale is $7,000. So, if you bought your timeshare for around $30,000 (the average price), you are losing over twenty thousand dollars. As you can see, selling a timeshare may not be the best option for you.

Another way to get rid of a timeshare is to gift it to a friend or family member. If you know someone who wants a timeshare, this can be a great idea. They take over your monthly payments, and you don’t lose any more money. The downside here is that it can hard to even give a timeshare away.

Whoever you gift it to has to actually want a timeshare and be able to take over monthly payments and the yearly maintenance fee. All in all, a timeshare is a very expensive gift that not many people want. In fact, according to the AARP, the majority of people surveyed would reject a timeshare gift.

So, you sure as heck can’t sell your timeshare and now you can’t even give it away. You may feel the situation is hopeless and you won’t be able to figure out how to get rid of a timeshare.

It is not hopeless. With the help of our timeshare exit team, you can do a timeshare cancellation. This will get you out of your timeshare without any additional timeshare exit cost. You will be able to legally stop making your timeshare payments without having to find someone to take them over for you. With a timeshare cancellation, you walk away from your timeshare, free and clear.

Our timeshare exit team cost is reasonable, and we can get rid of your timeshare. We review your contract and then get to work. Once you enlist our help, you don’t have to talk to the timeshare company anymore, we do it all for you.

We create a resort authorized cancellation letter that is guaranteed to get rid of your timeshare. If we can’t cancel your timeshare for any reason, you get your money back. We are not at timeshare resale scam, and we do not work for the resort industry, we work for you.

Here at Timeshare Cancel Center, we are the real deal, and we can get you a timeshare cancellation. Call us today to learn more and to get a free timeshare exit team review of your timeshare contract.

To Receive More Information About “How to cancel a Timeshare

Executing a Timeshare Exit and need it done by the professionals call or Visit Our Website:

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