Tag Archives: sell timeshare

Memorial Day Weekend

According to a survey conducted by AAA, almost all highways in the Los Angeles area will be jam-packed with vacationers this Memorial Day weekend. The survey showed that nearly 30.7 million Americans plan to drive to their destination this upcoming weekend. Compared to last year, the high ways will have 500,000 more travelers on the road. However, people will not be traveling far this year due to gas prices and budgets. Many people are rethinking their trips and looking towards finding a closer vacation spot that won’t exceed their budgets.

AAA President and CEO Robert Darbelnet commented, “Steadily increasing gas prices throughout the spring significantly squeezed many household budgets.”

The survey results showed that the average distance expected per traveler is around 642, which is 150 miles less compared to last year. While most surveyors stated that gas prices won’t change their destination, they will cut other costs to make up the difference.

To those who wish to travel this Memorial Day weekend but can’t due to a timeshare, contact Transfer Smart today and see how they can help you live again.

Merger Between United and American?

Since America Airlines filed for chapter 13 last year, many are unsure of what the airline plans to do to bounce back. There have been many discussions about merging with US Airways but sources state the merger has been ‘greatly exaggerated’.

A consultant of R.W. Mann & Co., Robert Mann, commented, “Independent of whether they merge or not, you’re going to see higher prices because the airlines have figured out that there’s no point in competing for unprofitable business but if a merger does occur, you’ll see an acceleration of that increase.”

American Airline’s parent company, AMR, posted a staggering $1.7 billion loss during the first quarter. CEO of US Airways, Doug Parker, stated that “the carrier had signed agreements with three unions representing nearly 55,000 American employees”. He reassured his employees by saying, “Today’s news does not mean we have agreed to merge with American Airlines.” Though a merger is still up in the air, many have started wondering what the outcome would be if US Airways and American actually decide to merge.

Mann commented, “Historically, mergers have been an opportunity for Southwest to enter markets and provide [pricing] discipline. But their costs aren’t that much lower than the network carriers anymore so it’s not as if they can suddenly find new pockets of revenue.”

A merger would also mean more labor unrest. Since the merger with America West Airlines seven years ago, US Airways is still trying to integrate the two work forces. Adding a third workforce to that equation might complicate the situation further. In addition by merging the two companies would be able to create a better network for their passengers.

Joe Brancatelli, the publisher of JoeSentme.com, commented, “No carrier that has gone into bankruptcy since 2000 has survived without a merger. United went into bankruptcy, came out and merged with Continental. US Airways went into bankruptcy twice and merged with America West. And Delta and Northwest both went into bankruptcy on the same day, came out and merged with each other.”

To those who wish to get out of a timeshare, contact Transfer Smart today.

Nine Arrested in New Jersey

Transfer Smart reports on nine citizens who have been arrested for being involved in a timeshare mortgage scheme. Apparently, these people preyed on the elderly by offering to pay off their mortgages at reduced amounts. Once the property owners sent in their payments, the individuals would then use it to purchase personal items or buy a timeshare in another persons name. They took nearly $2.4 million from unsuspecting owners.

Those charged will be facing mail fraud conspiracy and if convicted faces a minimum of twenty years in prison.

Time To Be Thankful

Giving thanks is hard to do when your stuck with an unwanted timeshare. There are many timeshare resale companies who are just waiting for desperate timeshare owners to purchase their services. However, many of these companies are just scams and all they will do is give you empty promises and take your money. Therefore, make sure to do your research and trust in a company who understands what your going through and sympathizes. That is why you need to contact Transfer Smart and get out of your timeshare the right way.

Is Selling Your Timeshare Turning Into A Pain?

People have often described getting into timeshare ownership like getting into a financial trap. They call it a trap because of the way timeshare owners are misguided into thinking their timeshare is an investment and that they can make a profit from it when they are tired of it. For these misled owners their timeshare has caused financial hardships that they were not prepared for.
This popular phrase has created quite the bad reputation for timeshares. What you need to know is that a timeshare vacation can easily be the perfect vacation option for some. If you have no problem with how much it can cost to own a timeshare then it can easily provide unforgettable vacations for many years. A timeshare can actually make some of the best vacation experiences possible.
For the other timeshare owners who cannot afford the financial obligations of a timeshare it simply does not provide the expected experience. If you are an owner who dreads the thought of increasing maintenance fees or a special assessment for unexpected damages or remodeling then you probably should not own a timeshare. Chances are you were ill-informed about the potential cost of timeshare ownership.
If you are one of these owners who now realizes what an expense owning a timeshare is and you want to get out there still hope. Most people will try to sell timeshare weeks to make up for the cost of ownership. The problem with this is that it is really hard to sell a timeshare used. Unless you own a really high end luxurious timeshare there really is not much demand for it.
The fact is that there is simply no resale market for timeshares. A lot of owners try to go this route of selling their timeshare on the resale market and this usually ends in a huge waste of time and money. And so after falling victim to purchasing a timeshare without knowing just how much it can end up costing they are now in the trap of trying to resell. There are many fraudulent and scam companies that are trying to take advantage of people who are trying to sell their timeshare unit.
It is important to remember that getting out of your timeshare contract is what is most important. Thankfully there are some timeshare relief companies that can get you out once and for all. They will usually provide a written guarantee so that you know you will be timeshare free.