Selling a Timeshare via For Sale By Owner: What You Need to Know to be Successful
Many timeshare owners decide, at some point, to resell their property. You may think that you have no choice to rely on an agent to do so. However, selling a timeshare yourself, if you handle the process correctly, can help save you a significant amount in fees and extra expenses.
Read MoreLeave a CommentFor Sale by Owner vs. Using an Agent to Sell your Timeshare
After making the decision to sell your timeshare, you have two primary options for how to do so - hiring an agent or selling the property yourself. Each option includes positives and negatives. Which is better in your case depends on your own situation and preferences.
Read MoreLeave a CommentLearn the Characteristics of Fraudulent Timeshare Companies
Timeshares can be an incredibly relaxing and beautiful means of vacationing. However, the financial investment they require makes individuals shopping for a timeshare a prime target for scammers. These principles can help you protect yourself.
Read MoreLeave a CommentThe Best Ways to Promote a Timeshare for Sale
Reselling a timeshare that you own can seem like an overwhelming prospect. Perhaps the most challenging aspect of the process is simply deciding how to promote the timeshare. You can choose from a variety of strategies to attract buyers, some more effective than others.
Read MoreLeave a CommentTimeshare Woes Turn Florida Vacation Dreams to Nightmares
Florida is a very popular locale for timeshares, but this elevated demand has created some questionable market practices -- and corresponding legal issues. About 35 percent of the roughly 197,300 timeshares found in the United States are located in Florida. Unfortunately, some of the worst scams and resulting lawsuits related to the timeshare industry have also originated here. This was the impetus for recent efforts to increase oversight and regulation for the industry.
Read MoreLeave a CommentWhat You Can Do to Make Sure You Are Not a Timeshare Scam Victim
If you own your own timeshare and are currently in the process of marketing it to prospective buyers, every potentially interested party is an exciting prospect. But be careful; this excitement can encourage you to ignore your common sense. Unfortunately, in today's world many unscrupulous characters masquerade as potential timeshare buyers or marketers, when they really have no intention of doi
Read MoreLeave a CommentTimeshare Resale Accountability Act goes into effect
TALLAHASSEE – In just two weeks, and in time for the summer tourist season, a new law designed to crack down on timeshare fraud goes into effect – and it provides local law enforcement agencies with the tools needed to more aggressively chase down fake telemarketing firms that rip off timeshare owners trying to sell timeshare. The Timeshare Resale Accountability Act was passed by the Flor
Read MoreLeave a CommentTimeshare telemarketer pleads guilty to mail fraud
WEST PALM BEACH – Michael Ferrari, a 27-year-old manager of a timeshare resale firm in West Palm Beach, has pleaded guilty to engaging in a scheme to defraud timeshare owners, the U.S. Attorney’s office just announced. On May 22, the office of Wifredo A. Ferrer, U.S. Attorney for the Southern District of Florida, announced that a guilty plea had been reached in the Ferrari case, and that
Read MoreLeave a CommentNew Orleans timeshare manager arrested on theft charges
MANDEVILLE, LOUSIANA – The former manager of a timeshare resort was arraigned on March 13, on charges that she and her husband stole $169,000 from the property’s homeowners association, which was a not-for-profit operation. Amanda Sturdivant, 42, of Covington, had been working as the office manager of Bon Temps Village, a timeshare resort in Mandeville, for the past three years. She was a
Read MoreLeave a CommentBBB President gets lots of timeshare complaints
LONGWOOD – Judy Pepper knows that vacation ownership properties are very popular in that tourist and resort Mecca known as Central Florida. “A lot of people love their timeshare,” she said. “Florida is a huge timeshare market. Some own more than one.” Pepper often hears from these folks – but not because she’s involved in real estate and timeshare resales, or because she work
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