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Hurricane Special Assessment Fees

 

The Word: Hurricane Special Assessment Fees

October 18th, 2017


Hurricanes may just be a fact of life in Florida or other hurricane-prone areas in the world. But there isn’t a lot of discussion about what happens after the storm is over. Recovery happens. But where does the money come from? Some of it comes from the Federal Government, the State of Florida, and donations. If you’ve purchased a condo, home, or timeshare property in a development, money for recovery also comes from you. It is known as a storm assessment fee.

 

Timeshare owners often find themselves wondering, “is there a legal way to get rid of a timeshare,” after learning about these fees. This article provides the education many timeshare owners aren’t given the event that they want to cancel timeshare legally.

 

What is a Storm Assessment Fee?

 

A storm assessment fee is a fee charged to property owners after a Hurricane or other weather event. After Hurricane Matthew hit last year, property owners were charged upwards of $1,000 or more to help aid recovery and replenish established funds for future storms. Storm assessment fees do have a benefit for people living in these areas. Not only do they help in recovery efforts but also in paying for measures like improving drainage systems to help prevent future minimal damage in a disaster. But for someone who doesn’t actually live in the area, paying a storm assessment fee has little to no real benefit.

 



 

The Timeshare Maintenance Fee

 

The most common way that timeshare owners find out about storm assessment fees is through the maintenance fees they are required to pay for their timeshare. The total cost of these fees depends on the type of timeshare you have, whether it is a resort, and where it is located. They range in the neighborhood of between $200 to $1,000 a year. But for those who have a timeshare in a hurricane-prone area, the cost can be significantly more once a damaging storm rolls in.

 

Timeshare maintenance fees are paid for as long as you own the timeshare. A $400 maintenance fee may seem worth the cost per year at the time of sign up but if you have owned a timeshare for a while then you’ve no doubt seen an increase in that fee over time. When factored in with the unpredictability of a hurricane or other damaging storms, these maintenance and storm fees can be very expensive. Once you consider the expense, you may wonder “is there a legal way to get rid of a timeshare?”

 

Deciding to cancel your timeshare contract is not an easy decision because it seems impossible but there is a way to get rid of a timeshare legally with the use of a timeshare exit strategy.

 

How to Get Rid of an American Timeshare

 

Timeshare properties are supposed to be an affordable way to have a vacation home for getaways from time to time. A hurricane changes that for someone who isn’t a resident. Do you have a timeshare exit strategy? When you buy into a timeshare, many people don’t consider what will happen if they don’t want or can’t use it anymore.

 

Like any other property, a timeshare represents a binding legal obligation. Companies who handle timeshare management often are not clear on what the terms of that timeshare actually are. As a result, individuals keep the timeshare going because they do not believe that there is a way out. Knowing how to get rid of an American timeshare is about understanding your options and the best way to go about them.

 

The best way to get rid of a timeshare is through legal means. Despite assumptions to the contrary, there are ways to cancel a timeshare contract legally.

 

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If your timeshare meets these requirements and does qualify for a release, then getting rid of a timeshare legally is the right option for you. The entire process is transparent and permanent. Companies like Resort Release specialize specifically in finding the best way to get rid of a timeshare legally.

 

Timeshares are a great option for people until they aren’t anymore. No one should be stuck with a timeshare that they cannot use or don’t want to use anymore. You have the right to do with your time and money as you wish however a timeshare property shouldn’t prevent you or your family from exercising that right.

 

Resort Release will plan and execute your personal timeshare exit strategy. Our expertise with regard to timeshares is unparalleled so you will receive a solution that fits your situation; whether it is an inability to travel, wanting better vacation options, or to take your investment out of the hurricane zones. Contact us today!

 


Scott Morse

COO, Resort Release

 

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Timeshare Release Service Checklist

 

The Word: Timeshare Release Service Checklist

September 6th, 2017


 

Hi there! Are you looking for the ultimate checklist when it comes to working with a timeshare release service?

 

Many have had to go through the ordeal of getting rid of a timeshare legally. I tried to exit my timeshare and I’ll be honest, the first time around I was the victim of a timeshare exit scam. Even though it cost me a few bucks in the bank, I gained a far greater understanding of how to be cautious before working with a timeshare release company.

 

That being said, I hope this checklist helps you become a little less overwhelmed and a lot more savvy.

 



 

Timeshare Release Service Checklist

 

  • Upfront fees: Scam or No- Scam? Before you start discussing the timeshare exit strategy with your chosen timeshare release company, you will most likely be asked for an upfront fee. However, before you write it off as a scam ensure the delivery of all paperwork in writing before any fee is charged. This way, you can review all promises and guarantees before considering payment. In the unfortunate case that the company does not follow through and cancel the timeshare contract, you will also have all of the legal proof in hand.

 

  • Is their 100% Money-Back Guarantee Valid? The 100% Money-Back Guarantee is a common practice with release services. However, ensure that you are cautious about it, like I was my second time around and had the company document the promise in writing.

 

  • What does their BBB Profile say? One of the easiest and most reliable ways to trust a timeshare release company is by researching their BBB accreditation. The BBB accreditation helps to check (13) key elements before rating a company from A+ to F. It includes analysis of the factors such as the time in business, government action and advertising review, failure to honor mediation, transparent business practices, unanswered and unresolved complaints, and other failures to address the complaint patterns. For example, Resort Release has an A+ rating by the BBB.On their profile, client reviews and ratings are undeniable proof of it. It is a highly recommended practice to always investigate a company’s rank, quality, and client reviews before signing up for their services.

 

When it comes to choosing the right timeshare cancellation service, Resort Release is the clear winner. Rest assured, we care about timeshare owners and your right to gain freedom. You have found the most trustedpermanent and legal solution to getting rid of your timeshare.

 


Scott Morse

COO, Resort Release

 

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Timeshare Maintenance Fees Revealed

 

The Word: The Truth About Maintenance Fees

September 1st, 2017


 

Timeshares offer you an alternative to the traditional vacations, it’s true. A timeshare is basically a vacation property with a shared ownership and a management company taking care of the construction and the charges. This encourages the buyers to spend some quality time at the property. However, owning a timeshare is not actually the same as owning a vacation property.

 

Timeshare resorts have one priority around which their business revolves: maximum profit. This priority for profits is often the reason and the cause behind why timeshare resorts create a never ending contract.

 

There are numerous, documented cases where timeshare resorts will not take their timeshare properties back, paid off or not. In fact, by making you sign their contract they are locking you into that property through a deed. This is a specific document that will travel through your family for generations unless it is permanently terminated.



 

You will be obligated to pay yearly maintenance fees for life and thereafter through your family. If you hold a magnifying glass over the industry, you can see why it’s best to stand clear.

 

What happens if you don’t pay your deed fees?

Timeshare Owners late on fees have reported receiving harassing phone calls for collections.

  • Aggressive Collections Efforts
    • You will be receiving harassing phone calls at home and work
    • You will be handed threatening letters
  • Credit Bureau Reporting
    • Your Credit Score will be lowered
    • Your Timeshare Property will be foreclosed
    • Your uncollected bad debt will be reported
  • Lawsuits
    • Liens (the legal right to hold collateral) will be placed on your other assets
    • There will be garnishments of your wages

 


 

Click here to watch a short video on the timeshare industry.

Resort Release has spent the last 5 years extensively researching the timeshare industry. Their BBB A+ Rated team of experts offer a solution, simple and transparent: timeshare cancellation.

 


Scott Morse

COO, Resort Release

 

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Avoid Timeshare Scams

 

Please complete and submit our form in order to schedule your one-on-one consultation with one of our senior advisors today.

 

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Timeshare Resale Advice

 

The Word: Timeshare Resale Advice

August 25th, 2017


 

Today, millions of vacationers seek the luxury of well-kept resorts and purchase a Timeshare Property. However, changes in preferences and circumstances may eventually lead owners to ask how to get rid of timeshares:

  1. Owners desire change and this leads to the purchase of another timeshare or vacation arrangement.
  2. In other situations, financial or health issues force owners to give up their timeshare property.
  3. The most common desire of owners is to resell it for cash. In a 2014 nationwide survey of timeshare owners, 70 percent were worried about how to sell a timeshare property. Fortunately, timeshare cancellation services can help owners legally obtain release from timeshare deeds.


 

Timeshare property owners looking to sell have plenty of reasons to be concerned. Reselling a timeshare is not nearly as smooth or pleasant as purchasing one. Even worse, posers and scammers have duped thousands of timeshare owners.

 

In 2016, the Federal Trade Commission accused timeshare resellers of swindling over $14 million from timeshare owners by charging astronomical up-front fees based on false promises that the properties would be quickly sold or rented out. Swarming markets of new and used timeshare units also make reselling a generally unprofitable venture. At the end of the day, timeshares are notorious for their rapid decrease in value. Owners may have to sell at a loss which cannot be claimed on their federal taxes.

 

Against these odds, it is no wonder that so many are confused about how to sell a timeshare contract. Owners can directly eliminate the need to sell by contacting our trusted and guaranteed timeshare cancellation services assisting owners in navigating these issues. Liquidating a timeshare contract through a reputable timeshare cancellation service is one of the more legal and permanent ways to get rid of the contract altogether.

 

Timeshare owners need to know that they can permanently cancel timeshare obligations with the assurance that they will not be taken advantage of. Instead of agonizing over how to sell a timeshare property or contract, terminating the contract with the help of an expert timeshare cancellation service is the safest solution.

 


Scott Morse

COO, Resort Release

 

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Request A Callback: Complete Online Form or Call Now

 

Resort Release congratulates you for taking the first steps toward timeshare freedom! Please complete and submit our form in order to schedule your one-on-one consultation with one of our senior advisors today.

 


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Appointment Confirmation

 

Resort Release congratulates you for taking the first steps toward timeshare freedom! Please complete and submit our form in order to schedule your one-on-one consultation with one of our senior advisors today.

 

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Endorsed by Laura Ingraham

 

Please complete and submit our form in order to schedule your one-on-one consultation with one of our senior advisors today.

 

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Meet the CEO and Founder of Resort Release

BBB.Org Profile Summary

Resort Release is a private holding company which assists consumers in relieving themselves of their vacation properties and timeshares. Located in Rockford, IL, this company serves the Rockford metropolitan area, including Loves Park, Machesney park, Cherry Valley, New Milford, Winnebago, Pecatonica, Durand, Shirland, Rockton, Roscoe, South Beloit, Poplar Grove, Caledonia, and Belvidere.

 

This company offers two money-back guarantees on their services, ensuring that their customers will not incur any future fees after utilizing their service and have rid themselves of their timeshare and that if they are not satisfied their service, they can receive all of their money back.This company assists consumers in getting rid of their timeshare.

 

A timeshare, or where a consumer buys the rights to use a particular property for a given period of time each year, can often become highly expensive after a period of time, with maintenance fees and special assessment fees becoming more than the individual can pay for and the consumer may find that they cannot afford to spend the time and money to maintain the timeshare as they thought they could. Resort Release helps consumers get rid of their timeshare. For an upfront fee, the company transfers the timeshare process back to the resort or to another party, thus freeing the consumer from the responsibility of the timeshare and ensuring they no longer have to pay the maintenance fees and other costs associated with the timeshare.

 

This company assists consumers in getting rid of their timeshare. A timeshare, or where a consumer buys the rights to use a particular property for a given period of time each year, can often become highly expensive after a period of time, with maintenance fees and special assessment fees becoming more than the individual can pay for and the consumer may find that they cannot afford to spend the time and money to maintain the timeshare as they thought they could. Resort Release helps consumers get rid of their timeshare. For an upfront fee, the company transfers the timeshare process back to the resort or to another party, thus freeing the consumer from the responsibility of the timeshare and ensuring they no longer have to pay the maintenance fees and other costs associated with the timeshare.

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Get Rid Of Timeshares Tips and Tricks

 

The Word: Timeshare Tips and Tricks


 

If you have a timeshare, it can be difficult to know how to sell it. Well, that’s where I come in. Be aware, you probably won’t get all of what you put into your property back. Annual fees are often the problem so if you’re looking for a quicker solution, especially as resorts start asking for yearly maintenance dues, a company specializing in timeshare liquidation might be your best option.

 

Thomas S. writes in a review for BBB Chicago, “Over time, some vacation properties can become expensive to manage. For those looking to sell their timeshare, finding the right pro to help is essential. The BBB can help connect you with businesses, like BBB Accredited Resort Release, to sell your vacation property.” Source: https://www.bbb.org/

 



Resort Release is an A+ rated, BBB accredited company that specializes in timeshare release services. Their process is legal and permanent. Naturally, among so many scam companies out there, Resort Release stands out with this accreditation and their customer reviews, having helped over 18,000 families cancel their timeshare contracts.

 

If you’re struggling with how to sell your timeshare property, and you’ve tried listing it for free, consider geo tagging it. Simply put, it means targeting people in the area. Take a look at the area it is located to get a sense of the demographic and median income. You will want to do it legally and at little cost to protect yourself.

 

If you have already listed it for free and targeted people in the area, there is little more to do. Let a well-experienced company handle the rest.

 


Scott Morse

COO, Resort Release