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new-homeowners-with-moving-boxes-over-heads-confused-about-large-purchase-difference-of-timeshare-by-voc

How a Timeshare Mortgage is Nothing Like Homeownership.

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.

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What Could Make Timeshare Ownership Worse During a Pandemic.

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.

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What Vacation Owners Could Expect in the Aftermath of a Pandemic.

Although it may be difficult to make a timeshare payment right now, facing reality can help you avoid a number of devastating outcomes. At some point, the resort has to acknowledge the aftermath of a pandemic. Staying in communication with them is the best thing you can do – even if making payments isn’t an option.

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How Will Timeshare Companies Handle the Coronavirus Pandemic?

As we enter a time in history that most have never seen before, luxury items tend to lose their luster. Although the closing of restaurants and local entertainment venues forces us to avoid indulgence, we’re also forced to look at our expenses. When it’s difficult to obtain basic needs like food, water, milk and toilet paper – our priorities shift tremendously.

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angry mob cartoon with signs challenging timeshare lies during sale at podium with growing nose

4 Timeshare Lies That Resorts Commonly Tell Potential Buyers.

While the timeshare purchase is sold as an affordable expedition with ideal dates that are too good to pass up – you must understand that you’re still going to pay a premium to vacation this way. Nothing is guaranteed unless it is in writing and you should remain skeptical until evidence is presented or you’ve had time to compare your options.

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middle-aged-interval-owner-thinking-about-resale-options-and-if-it-is-possible-to-profit-from-reselling-shared-property

Can I Sell My Timeshare? 4 Resale Items Worth Considering

After speaking with thousands of timeshare owners over the years, we’ve confirmed that a majority are completely misinformed on the way the resale market works. Some of our clients were even told that purchasing multiple agreements creates multiple revenue streams that’ll cover the purchase while allowing them to travel nearly anywhere.

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Online Timeshare Advice by Keyboard Warriors Isn’t Usually Valid

When seeking timeshare relief, owners normally have no idea where to begin. Most file complaints or join online conversations to share their story with users who’ve experienced similar misconduct. When complaints aren’t pursued to their satisfaction, they have no choice but to find someone who can advise them on what to do with their timeshare.

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How Timeshare Refinancing Actually Costs Buyers More Money

Most owners are eager to refinance their timeshare because they’ve been battling high interest since making the purchase. Like we’ve mentioned before, timeshare presentations do a great job of misleading potential buyers. Many would have never signed the agreement had the timeshare salesman not told them they could revise their borrowing rate shortly after signing.

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studying-timeshare-financing-and-all-it-entails-with-fractional-owners-regretting-purchase-due-to-total-costs

How Timeshare Financing Alters the Actual Cost of the Purchase.

At some point in time, you’re going to have to realize that whatever you were promised during the timeshare presentation is questionable at best. To the timeshare, it never happened if you can’t prove it. You’ve signed an agreement and they’re going to do everything in their power to collect the payments you already acknowledged – whether you agree or not.

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aging-man-wrinkled-shirt-holding-sad-face-sign-to-exemplify-unhappiness-with-timeshare-loans

Timeshare Loans and the Unexpected Reality of Ownership.

When it comes to most major purchases, borrowing money is a common way to get what you want. The ability to easily do so in today’s culture is the main reason why so many people are in debt. Things that used to be out of reach can be had for “affordable” monthly payments.

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7-reasons-why-the-future-of-timeshare-ownership-looks-bleak-for-the-travel-industry-and-family-vacations

7 Reasons the Future of Timeshare Ownership Looks Bleak

Knowing what timeshare ownership might entail is enough to persuade vacationers to pursue other travel options. Instead of waiting for timeshare companies to get with the program, consumers seem content with watching the entity fade off into the sunset. Unless the industry makes a hard right turn, it’s difficult to envision a mass recovery over a mass exodus.

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