After years of helping vacation owners escape the grasp of their onerous contracts, we’d like to think we know a thing or two about the pros and cons of ownership. But when you think about it, what are the benefits to purchasing a timeshare?
Leading up to the revelation of COVID-19, a good percentage of vacation owners were already struggling to enjoy their perpetual timeshare agreement. Whether minimal availability or an excess in unexpected fees was the culprit, it’s safe to say the product hasn’t rewarded everyone.
Last week, we talked about making the most of your missed Christmas vacation. This week, we thought we’d help you out over the next few months. Whether your timeshare is off limits or you’re unable to go anywhere at all, there are tons of things to do in 2021 to pass time during the slow-drip torture of this pandemic.
Before the world was overrun by the fear of a mysterious respiratory infection, some vacation owners were already at a loss for words. Since purchasing the can’t miss, once-in-a-lifetime product, many have awaited the experience they were promised.
As our country remains at somewhat of an economic standstill, most consumers are still holding onto hope that things will eventually return to “normal.” When it comes to vacation owners, many are simply trying to figure out if timeshares will ever be worth it.
After nearly a year of timeshare uncertainty, it’s maintenance season again. Despite quarantines, local mandates, travel restrictions and massive amounts of job loss, it appears most owners are going to be on the hook for another inflated timeshare maintenance bill.
For more than half a year now, Americans have been limited in their ability to travel. The millions of people that look forward to annual spring or summer vacations have been grounded without much certainty on when the next trip will be.
Listening to a timeshare offer can be a compelling experience when you’re blinded by possibilities. While timeshare vacations play out pleasantly for some travelers, making an informed decision is key. Unfortunately, far too many buyers don’t pay attention to the potential pitfalls in their pursuit of free vouchers or gifts.
Every year, (well, except 2020), tens of millions of Americans travel the country to escape the repetitive reality of their everyday lives. During these vacations, many become intrigued by timeshare opportunities that appear to offer annual trips at discounted rates.
If you were able to catch last week’s article, then you now know there is an endless list of lies that timeshares tell consumers. Nearly every timeshare complaint involves the initial transaction. Although we already covered most of the presentation’s tactical verbiage, there are lies that appeal to people – even after they say “No” numerous times. Whether buyers fall for any of the entry-level deception or not, one single lie can lead them down a confusing path of bad decisions.
Taking out a personal loan for a vacation ownership usually seems like a good idea after speaking to timeshare salespeople. Misleading promises during the presentation convince many that they’ve stumbled across a deal of a lifetime. Because of this, thousands of buyers borrow money in order to purchase somewhat of a mirage.
Nearly every victim of a timeshare sale is on vacation when they make the purchase. Because of this, many eventually regret it. While it’s easy to blame the ignorance of their decision on a gullible mindset and the euphoria of their travels, it’s important that we take a second to look at things from the timeshare owner’s perspective.
Now that this pandemic has reached a point of no return, the general public has started to prepare for the aftermath of an economic crisis. Although timeshare companies were rather quiet during the first few weeks of the nation-wide quarantine, they’ve been adamantly working behind the scenes on a plan to sustain their business model.
Social distancing has been a worldwide phenomenon for more than a month now. Billions of people are grounded, waiting on government aid to revitalize their hope. Now that the Coronavirus has everyone’s attention, certain expenses are being looked at through a different lens – and decisions are being made to a different tune.
Over the past few weeks, we’ve been sharing a few hypothetical situations that vacation owners should most certainly consider. While it’s still difficult to tell when travel bans will be lifted or the economy will reopen, it’s safe to say that the hospitality industry will incur quite a bit of loss.
