Wednesday, April 14, 2010

Timeshare Resale News: Ask Two Simple Questions...

If you are a timeshare owner, about to pay a company up front money to simply list your timeshare for sale... for crying out loud - STOP. 


BE SAFE, and save yourself some time, money and heart ache. Ask them the two questions below right away, and if the answer is "NO" to both questions, run the other direction! They could be a snake in the grass trying to steal your hard-earned money. 


Question #1: Are you a licensed brokerage? If "YES," ask for their license number, then go verify it with the Real Estate Department of the state. If they are legitimately licensed, that's great, but there is still no need to pay up front fees to list your timeshare. Our company proudly never has.
Call me up! 866-293-0859


Continuing on, if the answer to Question #1 was "NO," then ask Question #2, which is: Do your buyer's have direct contact with your sellers? If this is a "YES" answer and they are not licensed, well then, they are within legal bounds. If this is another "NO" answer then ask yourself, why wouldn't I be able to deal directly with the seller? 


It raises a big red flag that the company probably intends to make offers to the sellers. Making real estate offers to sellers on behalf of buyers requires a real estate license, and with good reason. There is no end of the problems which can ensure when dealing with a non-licensed entity which has no requirement of full disclosure and none of the recourse you would have when having a licensed real estate brokerage handle the sale from start to finish.


Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers


Wednesday, March 17, 2010

Save Yourself Time and Money

An acquaintance of mine recently told me she had just bought a timeshare at one of those presentations that resorts sometimes offer. She paid $15,000 for a 2 bed, annual use, lock off unit, at a beautiful resort in Texas.

The sad thing was that I had the same exact thing she bought, for sale on our website, for only $1 (one dollar)!

After I told her how much she could have saved if she had called me first, she was beside herself, and it was too  late to rescind on her contract.

Don't let this happen to you! Check with me! I have thousands of listings for resorts worldwide so I most likely have what you are looking for. If I don't, I bet I can find it for you out there at resale price.

Save yourself time and money by contacting me today! 


Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers


Friday, March 12, 2010

Marriott's Rewards Program Now Transfers!

As you may already know, the Marriott Reward's Points Program has never been available to buyers on the resale market. We now have access to multiple Marriott listings that, when purchased on the secondary market, transfer with the points program for the new owner to enjoy! To find out more, contact me today! Read all the cool things you can do with the Reward Program Here.


Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers



Thursday, February 25, 2010

BBB Warning to Timeshare Sellers

Francine Knowles, representing the Better Business Bureau, warns timeshare owners: "Be aware that in a typical real estate transaction, the fee is paid from the proceeds of the sale at the same time of the sale, not upfront."

The above quote was an excerpt in an article I read recently out of the Chicago Sun-Times. Understanding this one important rule can save a timeshare owner tons of money and will avoid their ultimate distress. It saddens me to think of how many people I've spoken with who have paid up front fees to sell, many times over sometimes, and they still hold the title to the property.

If you receive a phone call from a company claiming to have a buyer all set to go with an enticing offer, and then they tell you they just need a deposit from you to proceed - run the other direction. These kinds of companies are not legit and should be avoided at all costs.

For no-nonsense selling of your timeshare contact me today because I will not charge you anything up front to sell. We have high buyer traffic on our website and if you price your timeshare at a marketable rate it should sell in a reasonable amount of time. Read the full article from Chicago Sun-Times here.



Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers


Wednesday, January 20, 2010

Paying for Your Timeshare Resale

The easiest way to purchase a timeshare resale is, of course, by having the cash on hand, but not everyone has this luxury. Let's review some other options.

Credit Card: Not many closing companies will allow the entire resale purchase to be put onto a credit card, though most will accept them for the good faith deposit. Putting an entire purchase on a credit card is risky anyways and not recommended.

Home Equity Loan: Some timeshare buyers decide an equity loan would work best for them, based on the equity in their home. They receive a lump sum of cash to pay off their timeshare loan. You can save money this way as mortgage refinances and home equity loans tend to have the lowest rates.

Financing: Another option would be to find a loan company to offer you financing based on your credit history. You want to check your credit report to be sure you have a good rating; if you don't then getting a low interest rate may not be possible.

Timeshare financing companies are hard to find! Upon researching, we came across TimeshareLending.net. Check them out and consider them for your next timeshare resale purchase! 




Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers





Thursday, October 29, 2009

Vacation Ownership Statistics

According to Vacation Timeshare Owners Report, 2009 Edition, by the ARDA International Foundation (AIF), timeshare owners spent an average of 8.18 days on timeshare vacations in 2008.

Click Here to read about a few more Vacation Ownership Statistics.

For those of us that this applies to: Don't forget to change your clocks back one hour before you go to bed on Saturday!


Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers


Thursday, October 08, 2009

Timeshare Industry Proves Resilient

Despite tighter credit markets and high unemployment rates, the U.S. timeshare industry continues to demonstrate its resilience:

http://www.thetimeshareblog.com/timeshare-industry-proves-resilient/


Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers