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


Friday, September 11, 2009

Resort Ratings and Exchanging

Just how important is it to own Gold Crown when your goal is to trade through RCI; and 5 Star Premiere when trading through Interval International?

Some would say it's absolutely necessary; others, however, have had a very different experience:

My broker Larry, for example, discovered while attempting to exchange his Gold Crown week, that owning a Gold Crown week was actually LIMITING HIS EXCHANGE because the RCI computer is programmed to not allow a Gold Crown week to exchange into a non-Gold Crown resort!

All he wanted to do was exchange into any RCI resort in the whole geographical area, and since there were no Gold Crown resorts in the area, he was effectively blocked out.

Read more about his experience here


_____________________________________________

Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers


Thursday, August 20, 2009

Beware of Scam Artists

There are a couple of companies out there I’d like you to beware of that we just heard about. There are new scam companies popping up and falling out all the time but these ones below are currently active and will happily take your money.


One is called “Creative Vacation Solutions” which operates out of Florida and the other is “PLS Timeshares,” operating out of Charlotte, NC. If you do an online search using these names you will find several sites with Complaints of Fraud and Rip Off.


These companies, and many others, seem to work in the same way; they will call and tell you they have a buyer offering a ridiculous sum for a timeshare you own or a listing you have for sale.

An associate of ours said that Creative Vacation Solutions called him and had a buyer for his 2 bedroom, Whiskey Jack timeshare in Whistler, BC; the offer was $22,500 (way over priced). Then they told him they just needed $1,287 from him for his share of the closing costs! He asked to be put on their “Do Not Call” list, but they disregarded and continue calling.


Another timeshare reseller we know of stated: “Has anyone heard of PLS Timeshares? One of my clients received a Letter of Intent from them to purchase their Shell Vacation Membership-Kona Coast, Hawaii for $28,700; which seems too good to be true!!”


Stay away from companies with outrageous claims like these and warn your friends. Please be sure and also read our Warning about post card companies.

http://www.alltimeshare.com/ebaytimeshares.html


Be safe out there everyone!



Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers


Wednesday, August 19, 2009

The 5 best sentences you will ever read!



Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers


Thursday, July 23, 2009

Becoming an RCI Points Pro

The amount of inquiries on RCI points we receive is always very high. It's no wonder though; this points system has a great reputation out there among timeshare users which stirs up curiosity among new comers to the idea. If this sounds like you I wanted to offer as much information as possible to get you on your way to becoming an RCI Points pro!

The subject of RCI points tends to be quite complex and can take lots of study and research to feel absolutely comfortable with - inside and out. This process is well worth the many wonderful benefits points owners receive. Begin your studies or add to your current knowledge with our articles on the subject:

Info on RCI points
Points Versus Weeks
Instant Exchange Deal
RCI Points FAQ
Handy Links
RCI Points Fee Chart
Example of what 76,000 points could get you

One of the main things people enjoy about points over weeks ownerships is the incredible flexibility of single or multiple day stays. You can have many vacations each year with your one package of points or you can use all your points at once and, depending on how many points you receive each year, have a 10 day stay, 2 week stay, or longer if you wanted!

Take a gander at this article on RCI Points we found on the Timeshare User's Group website. The more you read through these types of articles over and over the more the concept becomes clear. Of course, you can always count on me, your timeshare resales agent, to answer any questions you have on your journey of gaining a better understanding of RCI points ownership!

See all of our RCI points listings and NAME your PRICE! I will help you present your offer to the owner for consideration and possible acceptance.



Larry Hayden

Free Guide for Timeshare Buyers
Free Guide for Timeshare Sellers