Why is the government doing nothing about timeshare scams?

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A reader poses an interesting question he wanted to share with our readers:

Why is the government doing nothing about timeshare scams?

Time shares are not real estate or investments, they are nothing but empty space.

In addition to my first question, how many time share owners does it take to keep up the maintenance of a two bedroom apartment?

This is outrageous.

If I ever go back to Florida and are approached by a time share salesman I will sit next to the salesman and take my sweet time reading all the pages of... Read the rest of this entry »

Donating Timeshare to a Non-Profit

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A reader who is affiliated with a non-profit organization shares their experience with accepting timeshare as a donation.

This is an important read for any timeshare owner, and provides a great deal of insight into issues surrounding increasing maintenance fees and stopping payment.

"I am affiliated with a non-profit organization. We received a timeshare donation week from an individual, not truly knowing what we were getting into.

Our first year the maintenance fees were increased by 20% without our consent. We reluctantly paid the bill, and one of our board members enjoyed the vacation week.

The... Read the rest of this entry »

Hawaii Timeshare Maintenance Fees

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When talking about the value of timeshare, Hawaiian timeshares frequently come up as the example of a timeshare location that is able to hold it's sale value. In light of the fact that timeshares in Hawaii tend to hold their value over time, there has been a lot of discussion as of late regarding rising maintenance fees for these timeshare resort properties in Hawaii.

Hawaiian Timeshares for SaleSome examples I've found recently for resales for Hawaii timeshares include:

Kauai, Hawaii - 1 bedroom floating... Read the rest of this entry »