subject: Safe Hands Transfers: Your Timeshare Exit Partner [print this page] What do you do with a vacation resort timeshare? Well, according to one article: "you can't store your unwanted timeshare in the basement next to your dusty exercise bike"! That is a great statement, not only because it's funny but because it's true.
And if this is not bad enough, even when the original owners pass away, the contract does not end. The contract is then passed on to their estate and eventually their heirs become the unlucky owners of a timeshare that they did not purchase nor want. Now the heirs have the responsibility of paying the ever increasing annual maintenance fees and special assessments that are the main reason that owners want out. Sadly enough, these timeshare contracts are ironclad contracts that have and will continue to hold the timeshare owners in bondage. There is virtually no way out of these timeshare contracts.
Timeshare owners have been deceived at every turn by timeshare companies. How many prospective buyers were sold on the concept that purchasing a binding contract is a great investment? Among the supposed "rewards" are a low vacation price that will never go up; assurance of a readily maintained vacation property; and eliminating the usual hassle and bustle that comes with reserving and planning. And let us not forget the investment of wonderful family memories that are simply priceless! Wow! Talk about a hardcore sales strategy. How can a perspective timeshare owner say no to all of that?
So owners are now utilizing timeshare resale companies such as Timeshares Only to sell their timeshares for them. Problem is that these companies charge an upfront fee, ranging from $500 to $1000, to list the timeshare on a website and the end result is NO SALE! The overwhelming majority of timeshare owners receive zero calls! That is no typo. Absolutely zero calls from prospective buyers. Resale companies are as big a scam as the timeshare companies are.
The timeshare owner purchased the use of the timeshare resort, not the property itself. Usage has no intrinsic value, but merely enjoyment value. Yet that was one of the concepts being sold during the timeshare sales presentation. Don't get me wrong. There is considerable value in the memories that are made on family vacations. Yet it is misleading to make the leap to a financial investment gain. It is indeed an investment, just not an investment that will pay off someday. That is why it is more accurate to say that in monetary terms, it is a liability and NOT an investment.
There is hope though! A company called Safe Hands Transfers is helping owners from all 50 states as well as Canada find solutions to the timeshare situation. Safe Hands Transfers is a legitimate company that actually travels to meet with timeshare owners on the ground, face-to-face, instead of being the anonymous voice at the end of a phone line. No glossy postcards, no hidden charges and certainly no scam. This is really the only safe, secure and legal option for timeshare owners who want out of their perpetual timeshare contracts.
