Transfer Smart News: RDO Puts Timeshare Scammers on Top of its Priority List

Timeshare ownership is considered an emerging industry in the world today. Despite the increasing number of owners getting out of their timeshares due to a number of disadvantages and the many scammers reported in this industry, it still attracts several consumers. However, as the fraudsters operate in various ways in this industry, the regulators are hunting them down.

Currently, the Resort Development Organization or RDO is putting these scammers on top of its priority list. Working with OFT, it acts as a watchdog for the industry. The two groups will then work together to expose fraudulent timeshare clubs and companies. The RDO has now over 130 members across Europe and this may give them many resources at their fingertips.

The head of RDO’s Enforcement Programme, Alberto Garcia, has already overseen the exposure of several bogus timeshare companies and last year he helped close down 26 fraudulent timeshare operators. According to him, there are more fraudulent timeshare operators out there and he is determined to trim down the numbers. As advised by Richard McIntosh, the RDO chairman, he strongly recommend that timeshare owners do not accept offers made by companies they do not recognize.

Scams really became a part of the timeshare industry nowadays especially for the owners who are eager to get rid of their timeshares. While some owners hire a timeshare transfer industry such as the Transfer Smart to get rid of such property, others fell into the wrong hands of scammers who operate in unsuspecting ways. As the number of these fraudsters tend to increase every year, the RDO is determined to hunt them while foreseeing the future for timeshare industry as unhindered by such activities or at least having no problems than other industries.

Transfer Smart News: UK Timeshares Set to Remain Favorite Destinations for Vacationers this Year

One research found out that despite the continued weakness of the pound against the euro, seven out of ten people planning a short break abroad this year will visit a European country. On the other hand, despite the number of disadvantages cited and the many owners trying to get out of their timeshares, many Britons may choose to take advantage of timeshare resorts in the UK and Europe this year at the expense of long-haul trips.

The research group TNS who carried out studies for Travel Weekly found out that of those intending to go on holiday this year, one in four will choose a holiday in the UK or Ireland.

However, according to Tom Costley, TNS head of travel and tourism, the findings did not show that travel plans for 2010 are set in stone. He added that while the overall picture of 2010 holiday plans seems similar to last year, people's intentions can differ substantially to what they eventually choose to do.

Meanwhile, a research carried out last month by holiday home company Blue Chip Vacations found that 69% of people plan to go on holiday in the UK instead of heading abroad this year.

According to the above-mentioned study, the holiday plans this 2010 might be similar to that of 2009. Take note that last year, many owners get rid of their timeshares while some even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. This year however, vacationers might differ in what they eventually choose to do and as what the studies have found out, more people are expected to holiday in the UK and Europe.

Transfer Smart News: Resort Properties Launches Website Showcasing its Hollywood Mirage Club in Tenerife

With the several owners getting out of their timeshares for the last two years, the timeshare operators eventually suffered loss of profits. This year however might be different and most timeshare operators are hoping that this industry might bounce back and regain its status in the business world. This time, we’ll see more expansions from a lot of these companies. Along with these, timeshare companies also are expected to carry out extensive advertising as part of their campaign to entice potentials owners.

For example, recently, the timeshare organization Resort Properties has launched a new website showcasing its Hollywood Mirage Club in Tenerife. The said site provides online users with an in-depth overview of the timeshare resort, including information on accommodation, facilities and services.

In addition, the visitors to the Hollywood Mirage website will also get to take a look at the various kinds of lodgings that are on offer, with a thorough description of each kind of unit. Moreover, a number of photos posted will provide users with a visual insight into what is on offer. Meanwhile, testimonials and reviews from guests who have stayed at the Hollywood Mirage can also be viewed on the timeshare resort's website.

Soon, the Resort Properties will also launch other websites for its other timeshare properties in Tenerife, including the Beverly Hills Club, Beverly Hills Heights and the Palm Beach Club.

The start of the year 2010 is already showing a recovery for the timeshare industry as shown by the latest projects of the timeshare operators compared to the last two years which were characterized by low sales and many owners getting rid of their timeshares. Some of those owners even hire a timeshare transfer company such as the Transfer Smart. As the hopes are brighter for this industry, there are still more developments expected for this industry to come this year.

Transfer Smart News: Wyndham Soon to Unveil its Timeshare Property in National Harbor

Despite the increasing number of owners trying to get out of their timeshares, the said industry is already showing a bounce-back pattern as some operators are expanding their properties this year. One of these companies is the Wyndham Worldwide Corp. which will unveil its big timeshare property at National Harbor in Prince George's County. This is also the only newly built property that the hotel company will open in 2010.

This 250-room Wyndham Vacation Resorts National Harbor opened to guests last January 15. That event was used to make a $25,000 donation to The Fishing School which is a nonprofit after-school program with community centers in the District. Meanwhile, Wyndham says the property which ranges from one bedroom to four bedroom units is more than 75% sold out.

However, the official grand opening is scheduled for February 5. The said Wyndham’s National Harbor timeshare property on the other hand, will have a $48.6 million economic impact on the said region. Moreover, it will fill hundreds of new jobs in the area. This Wyndham timeshare is their second property in Washington while there is also a Wyndham Vacation Resorts on King Street in Old Town Alexandria.

Timeshare ownership is considered a costly venture these days. Along with the increasing maintenance fees, there are also a number of other fees associated with it. No wonder why several owners try to get rid of their timeshares while some hire a timeshare transfer company such as the Transfer Smart. But despite these, timeshare operators like Wyndham are positive about the recovery of this industry this year as projected by some analysts.

Mexico Timeshare Rentals as a Smart Way of Vacationing

Today, many owners try to get rid of their timeshares due to the increasing costs. However, for those eager vacationers who want to avail such property without having to worry about the hassles of timeshare ownership, they can do so through timeshare rentals. But currently, Mexico timeshare rentals are getting much attention from most holidaymakers. In addition, Mexico timeshares rentals have been offering very cost efficient prices that can have you sitting on the beach in no time.

Depending on your exact specifications, you will find Mexico timeshare rentals that best fits your needs from the comfort of your own home. You may try using an online site to search for listings. Then, contact and negotiate directly with the seller, and finalize the deal which will save you not only time but money as well.

Mexico timeshares rentals also may offer a condo like atmosphere with the amenities of home while in a vacation destination. Timeshares can also easily accommodate a larger number of people so that you can spend vacation with your family and friends under one roof. Moreover, you will be able to spend quality time with one another while having the appropriate amount of privacy and space.

Nowadays, there is an increasing number of owners who try to get rid of their timeshares while some of them even hire a timeshare transfer company such as the Transfer Smart. As the timeshare ownership is becoming unattractive for many consumers, several others look for alternatives of timesharing. One of these alternatives is the timeshare rental and there are certain places in which you can spend your dream vacation with your family and friends like the Mexico timeshare rentals.

Transfer Smart News: Tax Increase on Timeshares on Maui Enrages Property Owners

Owners who get out of their timeshares have realized that there are a number of hidden fees in owning such property. Aside from the maintenance fees which usually increase every year, there are also taxes which may rise on any given time. Such tax increase on Maui enraged timeshare owners who say they are being hit with dramatically higher bills than local residents are paying.

At the time Maui property values are falling, taxes on some timeshare properties doubled, tripled and more in the past year. According to the timeshare owners, Maui County officials are trying to balance the county’s budget by collecting more money from absentee vacationers so they don’t have to raise taxes on local residents. In 2005, Maui County became the only local government in the U.S. to create a tax rate category just for timeshares and at $14 per $1,000 of assessed valuation, it has the highest tax rate on time shares in the nation.

This issue regarding taxes is serious enough that ARDA’s president, Howard Nusbaum, have to fly to Hawaii last week for two days to tout the economic benefits of time shares to government, tourism and business leaders. On the other hand, he spent one day on Maui meeting with Mayor Charmaine Tavares, county council members and business leaders about timeshare taxes and plans for future growth.

While several timeshare owners protested the county’s move in taxing them at such a high rate while keeping residential rates low, other owners are already getting rid of their units. Some of them may even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property.

Transfer Smart News: High Court Appeal Results in Favor of Timeshares

Timeshare ownership has been tied to a number of financial obligations that many owners cannot cope up with. Along with the increasing maintenance fee, there are also some taxes that timeshare owners must pay. These fees may trigger many owners to decide to get out of their timeshares. Here is a legal case about tax imposition on a certain timeshare company.

Recently, the Western Cape High Court gave judgment with regards of an appeal from the Cape Town Tax Court. The taxpayer is the Vacation Exchanges International (Pty) Ltd trading as RCI which carried a timeshare exchange business. Its members were able to bank timeshare rights in exchange for points that they can use to obtain timeshare rights at other resorts. RCI granted a number of these points to its employees.

Meanwhile, the South African Revenue Service (Sars) raised an estimated employees' tax assessment against RCI contending that the provision of points constituted a taxable benefit for the employees.

RCI firstly stressed out that the points had no cash equivalent value and thus, were not subject to employees' tax. Also, it contended that Sars had utilized the wrong remedy in assessing it. The Tax Court then found in favour of Sars resulting to the RCI’s appeal to the Western Cape High Court. The high court first considered the second of RCI's contentions and if it were successful, it would determine the case in favour of RCI.

Taxes are just some of the financial aspects that the timeshare owners are facing with. For some who can’t manage such charges, they try to get rid of their timeshares while others hire a timeshare transfer company such as the Transfer Smart. However, the aforementioned legal battle is just an example of taxes imposed on a certain timeshare company or to its members.

Transfer Smart News: AG Files Lawsuit against a Timeshare Reseller in Palm Beach Gardens

Year 2009 may already be over but the downsides in the timeshare industry are still visible. This year, several owners trying to get out of their timeshares are expected and there may still be a number scams that would operate in this industry. Last Tuesday for example, in Palm Beach County Circuit Court, the Florida Attorney General filed a lawsuit against a Palm Beach Gardens-based company engaged in deceptive trade practices involving timeshare resales.

The accused company is the American Marketing Group LLC which is suspected in using telemarketers to entice customers to buy its timeshare resale services and charged an upfront fee, promising a refund if the timeshare did not sell in 120 days. As the lawsuit alleges, written contracts the company provided contained completely different language than what was agreed on over the telephone.

Last November, the Attorney General's Economic Crimes Division in West Palm Beach launched an investigation into the company as the consumers told the investigators that the company did not sell their timeshares and that they were unable to contact the company. Moreover, they did not receive their promised refunds.

Meanwhile, the lawsuit brought against the firm and its owner William Biossat seeks a permanent injunction prohibiting the defendants from engaging in any timeshare resale business in the state or out of state involving Florida businesses and residents.

For the year 2010, there may still be many owners trying to get rid of their timeshares while some of them even hire a timeshare transfer company such as the Transfer Smart. On the other hand, scams may still operate in various ways in this industry such as the recent case in Palm Beach Gardens. This also serves as a warning for timeshare owners to still keep their eyes on such fraudulent activities especially in getting rid of their units.

Transfer Smart News: Jamaica Offers Special Holidaying Experience for Timeshare Owners This Year

For the recent years, the tourism sector had been seriously affected by the economic crisis. Timeshare industry as a part of this sector was also down, which was characterized by low sales and many owners trying to get out of their timeshares. However, as forecast by some financial analysts, the economy could be better this year and there will a rebound for the timeshare industry. Take for example the tourism sector of Jamaica this year. As visitors to the island increased by four per cent in 2009, there is plenty for timeshare owners to enjoy besides the splendid sun and sand in Jamaica.

Timeshare owners can have a special holidaying experience in Jamaica. As Francesca Escery, global sales director of Cheapflights.co.uk puts it, timeshare owners will not only benefit from the warm, dry winters and hot, humid summers, there are also a variety of attractions and some stunning beaches,.

The Negril's seven miles of pristine beaches and fantastic cliff top views are said to be a must for visitors to the island. On the other hand, the secluded shores of Treasure Beach on the southern coast of Jamaica are great for those seeking a hideaway location. Montego Bay is also a popular attraction, with its coral reefs and blue lagoons.

The economic crisis worsened the plights of the timeshare owners and as a result, many of them want to get rid of their units. Some of them even hire a timeshare transfer company such as the Transfer Smart just to get rid of it. Meanwhile, the latest update does not imply that the economy is in its full recovery yet but it indicates that we are not far from that road at this point. It shows for the tourism sector in a country like Jamaica as the number of visitors in 2009 showed an increase.

Transfer Smart News: HIFI 2010 Agrees that Timeshare will Rule the Market in Near Future

Since the global financial crisis broke out in the late of 2007, most sectors of the economy are feeling the squeeze. It has also created a troubling situation for timeshare owners as the timeshare industry is being pounded from both sides with banks cutting back on lending and consumers cutting back on spending. As a result, several owners try to get out of their timeshares to discharge the financial burdens that came with it. However, while discussing the topic ‘Vacation Ownership as a Development Model and Strategy,’ panelists at the second edition of Hotel Investment Forum India (HIFI) 2010, agreed that timeshare will rule the market in the years to come and has a huge growth potential in India.

Looking back its entry into the India market during early 1990’s, timeshare over the year has evolved with tremendous amount of resurgence in the hotel business. According to Radhika Shastry, Managing Director of Group RCI, hoteliers need to concentrate on domestic tourism which has tremendous potential. Domestic market also feeds the business and according to the statistics of last financial year, timeshare transported more than 30,000 families across the country. He added also that Goa, located on the west coast of India, is prospering in tourism sector due to the timeshare concept which has gained a momentum in the state. Meanwhile, Ulrich Wolffram, Head of Operations of Club Mahindra stated that the timeshare is the fastest growing segment in India.

Timeshare industry is one of the gravely affected of the recent economic meltdown. This resulted to the many owners getting rid of their timeshares while others hire a timeshare transfer company such as the Transfer Smart to pass on the ownership to other interested consumers. But the latest update for this industry implies a bright future as the economy is moving towards full recovery.

Three Smart Things You Will Never Learn at a Timeshare Presentation

At first glance, owning a timeshare seems like a good idea. With an initial payment of a few thousand dollars, you’ll be able to spend time at a luxury resort. However, a number of disadvantages have been associated with such property resulting to the many owners trying to get out of their timeshares. What’s keeping these owners also in a trapped of buying such property is that most salespeople usually emphasize the potential savings on future vacations. Some of them even depict timeshares as sound financial investments with long term rental or high resale values. In reality, this can be far from the truth.

One of the disadvantages of timesharing is when comes to using it. Although fixed week timeshares guarantees you on specific dates of the year, you may end up in an undesirable time slot. Also, you may be unable to take your vacation during the assigned time and may end up missing out altogether.

Another downside of timeshares is the yearly maintenance fees. Generally, owners have to contribute money to the resort’s upkeep. These may range from a few hundred to several thousands of dollars a year and these costs continue to increase every year.

Lastly, the resale value of timeshares decline with age. The timeshare market is already flooded resulting to a very competitive price for resale units.

Timeshares have a number of disadvantages that you will never learn during sales pitches. As a result, many consumers were lured into buying such property but later realized how draining it is financially. That’s why many owners today are trying to get rid of their units. Some of them even hire a timeshare transfer company such as the Transfer Smart. Anyway, there are still some vacation offers available out there that you can opt to and have a fabulous vacation without the headaches of timeshare ownership.

Transfer Smart News: Timeshare Community Survey Reveals Top Concerns

Timeshares are known for a number of its disadvantages. With these, many owners want to get out of their timeshares. But according to the latest timeshare survey released by RedWeek.com, the largest online timeshare marketplace, the top timeshare improvements are the exchange availability and the high maintenance fees charged by the resorts. The other remaining three categories rounding out the top-five list are honesty, resale opportunities, and resort improvements.

Among the list, the number one item is the exchange availability. This refers to a timeshare owner’s desire to trade their interval week at one resort for a week at another resort. The second survey item is the high maintenance fees which indicates respondents concerns over the rising annual fee charged by the resort and paid by the owners. Meanwhile, these fees vary from resort to resort and also by size and type of the timeshare unit owned.

As Randy Conrads, CEO of RedWeek.com puts it, visitors are telling us that it’s not easy to make their desired exchange. However, it’s also clear that flexibility and reasonable fees are vital to timeshares. On the other hand, survey response categories which are not included in the top five are easier to understand (timesharing), poor management of resorts, and shorter stays.

Timesharing can be a great way to vacation but its numerous disadvantages raises concerns among the timeshare owners. For some owners, they simply get rid of it while others hire a timeshare transfer company such as the Transfer Smart. On the other hand, several owners admitted that they still love the idea of timeshare ownership but were alarmed with those mentioned disadvantages along with the other matters of improvement which are not mentioned in this article.

Transfer Smart News: Century Timeshare Group Launches its First Auction with Sister Company Century Properties

The days of low sales and the many owners who are trying to get out of their timeshares will be better this year as some financial analyst had predicted. This may also be the year that the timeshare industry will regain its position in the business world. And for the latest news, the Century Timeshare Group, a company dedicated to providing the timeshare community with the best resources available today in assisting buyers and sellers of timeshares, has recently announced that they will be partnering with their sister company, Century Properties, in launching their first auction in spring of 2010.

The said auction is set to be held in Century Timeshare Group’s multi-million dollar showroom located in Hallandale, Florida. It will be open to investors wishing to buy properties. The major benefit of this auction is that properties will be available to investors that may not be listed in classified ads or internet sites, thus, investors will have the first opportunity to bid on the properties.

According to Robert Johnson of Century Timeshare Group, they will be buying the deeds from sellers to relieve them of their timeshares and offering them at the auctions and following the first auction, they expect to hold auctions every two or three months as new properties and opportunities become available.

The timeshare industry is undergoing a rebound this year as the economic climate is approaching its full recovery. Compared to the last two years where low sales were evident and many owners try to get rid of their timeshares. Some of these owners even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. While the consumers will be able to afford vacation packages this year, the timeshare market has already attracted a number of interested buyers.

Transfer Smart Alert: A Retiree Falls Victim of a Timeshare Fraud in Charlotte, N.C.

With the enormous growth of the timeshare industry since its introduction to the market, this has become an ideal target of many scammers. There are already hundreds of people who has fallen victim to this kind of frauds and the usual victims are those owners who are eager to get out of their timeshares.

Such is the latest case of fraud in Charlotte, North Carolina where a retiree Tom Ellison is the victim. Last summer, a Fort Mill company tried to get him to buy a $6,000 vacation club membership. He attended the presentation and decided it wasn't something that they wanted to do. But an agent for the company, Time to Go Travel asked Ellison if he owned a timeshare. The agent said if they could sell the timeshare for two or three times what they paid for it, would they be interested? Ellison said yes and then the agent had his timeshare appraised for what later turned out to be a highly inflated price of $23,900.

Ellison paid over $6,000 for the vacation club membership as the agent promised all his money back, if he didn't sell his timeshare by December. But the sale never happened and as a matter of fact, Time to Go Travel cleaned out its Fort Mill office and disappeared, thus, leaving Ellison clinging to a verbal promise of a refund.

At this point of time, there are still thousands of owners trying to get rid of their timeshares. Some of them even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. However, scammers may work in various and unsuspecting leaving their victims hanging to a promise that never came true. As the Better Business Bureau President Tom Bartholomy said, most of the companies doing business this way have a severe disconnect between what they're telling you verbally and what is in writing.

Transfer Smart News: Timeshare Companies to Offer More Fractional Ownership This Year

The past year has been a downturn for the timeshare industry following the economic meltdown. It was characterized by low sales and the many owners who are trying to get out from their timeshare contracts. But this year as predicted, the traditional timeshare companies are set to widen their purchasing options with fractional ownership products.

According to Fractional Life's predictions for 2010, it pointed to Seasons Holidays' sell out of its Forest Hills fractional development in Spain. It also expects other holiday ownership operators changing what they offer to see similar benefits into 2010. As the website projected, more whole-ownership operators will also begin to incorporate fractional options in 2010 as they will be forced to provide lower price points and alternative sales offerings. Fractional Life believes that 2010 will be difficult for whole ownership developers in Europe, the UAE and the US.

It also added that 2010 will likely be the year that fractional real estate agencies make their mark on the industry. On the other hand, some predictions for 2010 name some holidaying hotspots for this year which includes Jamaica, Iceland, Ireland and the Seychelles.

Timeshares are closely associated with high maintenance and other fees and because of these many owners want to get rid of their timeshares. Some of them even hire a timeshare transfer company such as the Transfer Smart. However, potential owners have something to watch out this year as there will be some purchasing options with fractional ownership products soon available in the market.

Smart Ways to Get a Houseboat Timeshare

Perhaps almost everyone already knows about the many vacation packages that are available in the market today. They may also know about several owners who want to get out from their timeshares due to a number of disadvantages brought by it. But for some who are not familiar with owning such property, there are different kinds of timeshares that potential owners can choose from. One of these is the houseboat timeshare. While condo timeshares are pretty easy to implement, the arrangements for a houseboat is a bit trickier. This floating vacation may sound romantic, but it may also be expensive. However, it can be a way for boat owners to reduce their expenses. In this article, we will discuss some important points to consider when availing a houseboat timeshare.

First, conduct an internet search about houseboat timeshares or vacation timeshares. There are several websites offering free listings from all over the US and some contain reader reviews. You may also try to include eBay in your search. Houseboat timeshares are relatively easy to find online including the internet's largest auction house where at least the sellers are publicly reviewed and rated.

However, be informed that every houseboat program has its own rules and you should know them all before signing on. Finally, you may also try to hire an attorney to review any documents presented to you for signing.

A houseboat timeshare is just like any timeshare that may bring several disadvantages especially with fees involved. Any potential owner must be aware that there are thousands of dissatisfied owners nowadays who want to get rid of their timeshares. Some of them even hire a timeshare transfer company such as the Transfer Smart. When it comes to availing a house boat timeshare, there are some important points to remember to optimize one’s ownership.

Transfer Smart News: Issuance of Timeshare Asset-backed Securities in 2009 Shows a Recovering Sector

Since the economic meltdown broke out in the late of 2007, the timeshare industry had been undeniably hit just like almost all industries. On the consumers’ side, the skyrocketing fees had been hard for them and as a result, many owners try to get out from their timeshare contracts. But the issuance of timeshare asset-backed securities in 2009 shows a rebound implying that the sector may be on the road to a robust recovery as Standard & Poor's Ratings Services puts it.

Meanwhile, the issuance of such ABS passed the $1 billion mark in 2009, thus, easily topping the 2008 total, which plunged to just more than $600 million. On the other hand, volume in 2009 still lagged far behind the record of $1.77 billion last 2007.

According to S&P analyst Weili Chen, the comeback in volume is even more remarkable because it is happening amid declining sales, diminished property values, and higher consumer delinquencies for timeshares. The ratings service also added that timeshare securities are one of the few asset classes demonstrating strong investor demand and resilient credit performance without government support and despite recessionary conditions.

However, most U.S. consumers view timeshare as a discretionary purchase and timeshares have seen weakness amid the global economic crunch. Last year, sales fell some 30% which according to Chen, a record decline for the industry. The same year also has several owners try who to get rid of their timeshares. Some even hire a timeshare transfer industry such as the Transfer Smart just to get rid of such property. But the S&P stressed that the increase in delinquencies and defaults since September 2008 has been relatively modest and the preliminary signs indicate that the worst may be over.

Transfer Smart News: An Invaluable Resource Provides Answers for Timeshare Owners

Owning a timeshare is known to be associated with a number of disadvantages and for those who can’t cope up with the fees, try to get out from their timeshare contracts. Many owners on the other hand, get angry and disappointed for the disadvantages that they later realized after their purchased. When it comes to timeshare info, Timeshare Surgery is a place to go where it all comes together giving owners real advice, piece of mind and ethical business practice. Whether you are a first time buyer, the experienced owner, someone looking to purchase or one of the hundreds of thousands looking to sell an unwanted timeshare, Timeshare Surgery provides the answers and the advice that is sorely needed.

According to Richard Trevithick, founder of Timeshare Surgery, the majority are satisfied with their purchase but there are many owners out there who are not enjoying or maximizing their ownership and get more and more frustrated with their ownership. Today, there are hundreds of thousands of websites available that boast impressive resale’s figures, free advice and the way forward for a dissatisfied owner and many of them are ethical in their trading and visions but unfortunately many of them are not. Trevithick also added that the problem is not the product, but the way it is marketed and sold that lead potential customers to buy the wrong timeshare.

With the increasing number of owners trying to get rid of their units, it is no doubt that timeshare ownership has a dubious reputation in the eyes of consumers. While some owners hire a timeshare transfer company such as the Transfer Smart to get rid of such property, Timeshare Surgery provides the owners with what they need to know regardless of their timeshare questions and have committed to see all issues through to conclusion.

Transfer Smart News: Timeshare Travelers Face Stricter Security Checks This Year

For the past years, the timeshare industry became well-known for its association with the hefty fees and scams involved in dealing with such properties. In addition, timeshare owners were often visible with their complaints and their efforts to get out from their timeshares. However, timeshare consumers can’t just stop guessing what lies ahead for them this year. But one thing is already certain. For those heading off to timeshare resorts this year, they would expect a tighter security checks at airports.

As revealed by Prime Minister Gordon Brown of UK, the use of full-body scanners will be brought in gradually. As he also told the BBC's Andrew Marr Show, the equipment is already on order following the failed bomb plot at Christmas. Thus, they will do everything in their power to tighten up the security, he added.

On the other hand, BAA, which owns several airports in the UK, added that the scanners will be introduced as soon as practical. According to their spokesman, it is their view that a combination of technology, intelligence and passenger profiling will help build a more robust defense against the unpredictable and changing nature of the terrorist threat to aviation.

This year, the timeshare owners might still expect the same fees and complaints with their units. We might also expect several owners who want to get rid of their timeshares while some even hire a timeshare transfer company such as the Transfer Smart. On the positive side, a tighter security checks at airports which will be imposed this year will result to a safer travel which everyone can benefit.

Smart Owners Reveal the Truth about Timeshares

During the past year’s economic climate, most Americans are looking to cut back spending wherever possible in an effort to pay off debt and save some money to withstand the unfavorable condition. Among the consumers, timeshare owners were considered as one of the severely hit by the said crisis. While many owners get out of their timeshare contracts, some research and interviews with them reveals their true perception when it comes to timesharing.

One of the most common complaints of timeshare owners are the exorbitant costs associated with timeshares that usually climb higher and higher each year. Meanwhile, for those who financed timeshares, they quickly learned that they have even less options due to the financial liability associated with the mortgages.

On the other hand, prior to buying a timeshare, owners were being told that timeshares will be easy to sell. But the Attorney General of Florida, Bill McCollum, among others gives particular warnings about such companies that may claim to have buyers for your timeshare. Due to the depressed resale market, it is unlikely that there is actually a buyer and there are already many cases of owners being deceived by resorts and resale companies. With these, many consumers seem to feel that there is nowhere to turn to once they decided to get rid of their timeshares.

While we had experienced one of the worst economic conditions for the past two years, it also showed a number of disadvantages of timeshare ownership. The recent years also has the number of most owners trying to get rid of their timeshares while some even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. As this article reveals the experiences of many timeshare owners, this may also serve as a warning for potential owners about the possible issues of timesharing.