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Timeshare Transfer Businesses: A Simple Guide
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Posted On :
Sep-24-2010
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Article Word Count :
513
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Do your part and find out if the company is legitimate in the first place. Also, make sure that there are clauses that guarantee a successful transfer or at least some percent of your money back in case the transaction does not succeed.
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Thanks to its popularity during the free-spending days before the depression, the timeshare industry has become a haven for scammer seeking to fool consumers and potential buyers. Aside from fraud, the industry is also filled with malicious sellers and unethical companies who’ll do anything to make a sale, including deceiving people. Because of these practices, many who fell victim to these timeshare “traps” have since wanted to get out of their unwanted investments.
One of the main reasons for the rush to get out of timeshare is the unfulfilled expectations. Cutting corners on maintenance, poor amenities, unprofessional services and misleading brochure information are just some of the reasons why many timeshare owners have to regret ever signing that contract.
Add to these the inflexible weeks and difficulty in exchanging properties, leading many owners to regret ever signing that contract. And all the while, the annual dues keep rising.
When caught in such a situation, asking timeshare transfer companies for help is the most logical and practical thing to do. Timeshare transfer companies provide quick and hassle-free solutions to timeshare nightmares. They take care of all the paperwork, guaranteeing freedom from future obligations, for a fraction of what real-estate agents cost. However, before making the pay, there are a few substantial points that one needs to clarify with these companies to make sure that one’s not falling for another trap.
Upfront Fees: Other companies call them deposits or advance pay. Whatever they’re called, paying these fees does not guarantee a successful transfer. Most companies will tell you that they are used to initiate the process and cover the cost for the primary paper work. However, it still pays to read the fine print stated on the contract. Do your part and find out if the company is legitimate in the first place. Also, make sure that there are clauses that guarantee a successful transfer or at least some percent of your money back in case the transaction does not succeed.
Ask about their process: Asking a company how they go about resolving issues and transferring titles gives one a gauge on the firm’s competence. It also gives an idea of the steps the company will take to end your timeshare contract. Ultimately, this provides the client with a rough understanding of the procedures involved, the cost and the duration. It is important to note that these companies use professional agents who are experienced with dealing with on-goings like these. These agents’ actions greatly affect the duration and the total cost of the transaction.
Clients Speak best: Hearing the reviews of previous customers is the best gauge of the company's performance. Ask for names and if possible, actual testimonials and identities so you can judge for yourself. If not possible, ask around on the many forums on the internet. Another good source is consumer organizations such as the BBB, which keeps a rating and consumer reviews of companies. You can also check if the company's real estate professionals are properly licensed with the state where your timeshare is located.
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Article Source :
http://www.articleseen.com/Article_Timeshare Transfer Businesses: A Simple Guide_34444.aspx
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Author Resource :
Read more on safe hands transfers Blog | safe hands transfers About
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Keywords :
safe hands transfers,
Category :
Business
:
Business
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