Newton Group Transfers Applauds Florida Legislation Aimed at Ridding the Timeshare Disposal Industry of Viking Ship Schemes

The Florida Vacation Plan and Timesharing Act (HB 7025) has passed and will be going into effect on July 1st of this year, leaving less than a month between now and one of the most significant restructuring of the timeshare disposal landscape in years. Although this change does come with its benefits, the transfer process will likely become more expensive for timeshare owners.

The new bill is designed with a noble purpose: to rid the industry of the Viking Ship transfer model. This is a scheme in which an untraceable transfer company charges an unsatisfied owner a transfer fee and accepts ownership of their property without any intention of putting it back on the resale market or paying the associated fees and taxes. Eventually, the developer has to foreclose on the property and reassume its ownership, while the Viking Ship companies have sailed off in a blaze, never to be seen or heard from again.

This practice costs the developers millions every year, as maintenance fees are their primary revenue stream. Often times, in order to make up for the loss, resorts simply raise the annual fees for those remaining owners who have stuck to their initial agreement, even if they haven’t always been happy with their property. This may partially explain the seemingly arbitrary and astronomical increases in maintenance fees that we’ve been witnessing the last several years. So, it has become a circular problem: Owners grow tired of exorbitant maintenance fees, they, in some cases, unknowingly transfer their properties to a Viking Ship company, the developer forecloses and re-lists the property, and everyone’s maintenance fees continue to rise. At some point, we need to get off the merry-go-round.

Thankfully, this new legislation will be aimed at ridding the timeshare industry of Viking Ship schemes, while still allowing legitimate transfer companies to continue to help unsatisfied timeshare owners to dispose of their timeshare contract in an ethical, amicable fashion. However, in order to do so, there will be a little more due diligence and cost required to successfully complete a transfer. It’s important to consider all of your options and then act accordingly to remove your family from your timeshare agreement and avoid having to pay your annual maintenance fees.

The best course of action is to always stay as informed as possible about any decisions you’ll be making about your timeshare. It’s really as easy as a quick phone call or a simple Google search. Once you’ve verified our sterling track record with the Better Business Bureau and the Michigan Attorney General’s Office, we enthusiastically invite you to visit our website at newtongrouptransfers.com or call one of our expert consumer advisors at (877) 354-4321 to take that vital first step toward financial freedom for you and your family.

Timeshare Customer Complaints Continued to Rise in 2012

According to a recent article on Forbes.com, timeshare complaints continued to increase in 2012 from both potential buyers and current owners. The nature of these complaints are similar to those found in past years, but, unfortunately, they continue to grow in regularity.

For prospective buyers, the root of their frustration remained unchanged. Many reported being lured into presentations by luxurious prize offerings that were often times not delivered. Meanwhile, the presentations have been known to last up to 6 hours, and many potential buyers have felt bullied by resort sales representatives.

As far as owners are concerned, there are two primary complaints – unfortunately, we are all too familiar with both. The first is that timeshare owners who are no longer satisfied with their arrangement are still forced to pay their steep maintenance fees, even if they no longer use their property. These fees can extend well into the thousands of dollars, which can cripple the finances of many families, leaving them stressed, frustrated, and anxious about their future.

The other common complaint had to do with the owners’ inability to end their timeshare contracts and the dozens of scam companies that thrive off of this desperation. It seems as though the number one perpetrator of these scams come in the form of false resale companies. These companies usually charge around 3,000 to resell your property, and they often do nothing more than cash your check and vanish.

Unfortunately, in some cases, that’s only the half of it. Once the check has cleared and the scammers have disappeared, the owner will receive another phone call from a related scammer claiming to be a “resale recovery service.” They offer to recoup the owners costs from the initial scammers, but they charge a large fee to do so, and they disappear for good after they’ve cashed this second check.

Basically, there are two very important things to keep in mind depending on whether you are a prospective buyer or a current owner.

  1. If you plan on attending a sales presentation, just know what you’re getting yourself into before going in. Many people really enjoy timeshare ownership, and they get a lot of use out of their property. But if you have any reservations at all, it’s best to really consider your options before you commit to anything. It’s also very important to read your contract thoroughly and be aware of possible exit solutions should you ever wish to terminate ownership.
  2. If you already own a timeshare, but you no longer use it, be very careful when looking for viable exit solutions. Make sure to do you homework: check with the BBB, contact your state attorney general’s office, research the company’s website and look for a permanent mailing address to ensure authenticity. Just a few easy steps to verify a company’s legitimacy could save you and your family thousands of dollars in the long run.

At Newton Group Transfers, we encourage you to learn as much about our services as possible. You can visit our website at newtongrouptransfers.com to learn about our process, read our customer testimonials, and reference our FAQ section for answers to common curiosities. If you’d like to learn even more about how we conduct our business, please call one of our expert Consumer Advisors at (866) 202-1106.

 

Avoid Your Maintenance Fees by Transferring Your Timeshare with Newton Group Transfers

Over the last year, Newton Group Transfers has become the most trusted name in the timeshare disposal industry. Based in Grand Rapids, Michigan, their expert personnel have assisted hundreds of families achieve a swift and thorough exit solution from their timeshare. Their commitment to operating with integrity and transparency has helped them achieve a top-notch rating with the Better Business Bureau, and they have never had a single documented customer complaint. For these reasons, and many more, it is apparent that Newton Group Transfers is fully dedicated to helping their clients in all phases of timeshare disposal, including assisting them in avoiding costly annual maintenance fees.

For many timeshare owners, maintenance fees are not only increasing, but also becoming due earlier and earlier every year. Whereas, in the past, most developers would begin sending out their annual bills in November or even December, certain resorts are now billing their owners as early as May, meaning that a certain amount of diligence is required if an owner no longer wishes to be responsible for these costs. A sure way to avoid paying these fees for another year is to transfer the deed of the property out from under your name as soon as possible with Newton Group Transfers.

While, often times, a timeshare transfer can be completed in just a matter of weeks, so much of the detailed process depends on smooth cooperation between resort developers and the transfer company. Newton Group Transfers does everything within their means to expedite the transfer, but there is also a level of reliance on each resort to complete the transfer paperwork. Although resorts are required to comply, several have been known to delay the process when it works to their benefit. Often times, these delays result in the current owners paying an extra maintenance fee. This risk can be mitigated and even prevented by beginning the transfer process earlier in the year.

According to CEO, Theodoros Panopoulos, “Although getting rid of your timeshare can initially be an emotional decision, our customers ultimately recognize the net financial benefit, and they learn that delaying just costs them more money. Trust is the single most important factor for our customers [when disposing of their timeshares], and they turn to us because of our proven track record of standing firmly behind our 100% guarantee.”

If you are no longer interested in owning your timeshare, beginning the transfer process as early as possible is a great way to avoid your next maintenance fee and any special assessments. Call Newton Group Transfers today at (877) 354-4321 to guarantee an exit from your timeshare financial obligations forever.

Timeshare Transfer 101: Do Your Homework!

As I’ve stated before, my primary purpose is to educate readers on the many aspects of the timeshare industry and to offer an alternative solution to those families who are no longer happy with their property – not to bash the timeshare ownership at large. For some people, timeshares are a great fit. If you and your family know that you love the resort, and can afford the fees and travel costs associated with timeshare ownership, more power to you. One thing I always like to stress, however, is for potential owners to do their homework before signing on the dotted line.

Now, it’s no secret that most of us don’t like doing homework. We didn’t want to study our multiplication tables when we were in 3rd grade, and we don’t want to agonize over every single aspect of our lives now. However, when you’re looking for viable alternatives to removing your family from the burden of timeshare ownership, it’s absolutely vital that you thoroughly research whichever company you plan on working with.

Many developers have a long, sordid history of disingenuous behavior that runs rampant throughout the timeshare industry. It starts at the initial sales pitch (who hasn’t heard of these or experienced them firsthand?), intensifies as your annual fees increase and your usage decreases (for any number of reasons), and it usually doesn’t end until the deed has officially been transferred out from under your name. This is known as the life cycle of timeshare ownership for many former owners, so please don’t feel too anxious if you can relate – many others have been in your shoes before.

Traditionally, ending a timeshare agreement was next to impossible, but within the last decade, more and more disgruntled owners have begun utilizing timeshare transfer companies to rid themselves of their properties once and for all. This has been a blessing for unhappy owners desperately seeking an end to their timeshare nightmare, as well as for the industry as a whole, but certain businesses have manipulated this emerging trend, ripped off their customer base, and then disappeared as quickly as they arrived.

In the timeshare recapture industry, many brand names have come and gone, but the same ownership of these brands remains intact. The common practice is for companies to perform their business under a vast collection of different brand names. This way, they can quickly abort any temporary brands that have earned unwanted liabilities or poor reputations. New names are being introduced all the time, but they fade away just as quickly as they arrived, leaving no evidence that they ever existed.

So why do so many companies abort these new brands shortly after they’ve been established? The answer is simple, really; it’s so much easier for them to simply fold up their temporary operations and begin anew with a new brand name (and the same dishonest business plan) rather than spending the time, money, and effort to provide the support that every customer deserves. Given this flippant and irresponsible attitude, many timeshare owners trying to transfer their property have been burned with no way to recover their losses. Therefore, timeshare owners looking to rid themselves of their contracts are strongly urged to investigate the history of any company they deal with, along with the history of their ownership.

Meanwhile, as many timeshare recapture companies try and disguise their poor reputations by representing themselves as several different entities, Newton Group Transfers continues to maintain our core values of transparency and integrity. Our reputation is everything to us. To that end, all subsidiaries and brands under the umbrella of the Newton Group ESA operate with the exact same moral criteria. By sticking to a strict set of principles, Newton Group Transfers has become synonymous with excellence in the timeshare recapture industry in less than a year.

In other words: It may seem boring, but doing your homework always pays off!

Thankfully, with Newton Group Transfers, you can do all of your research in one spot! When you visit newtongrouptransfers.com, you can learn about the history of our company, our commitment to our customers, and how our process operates. If you’re convinced that we’re the right company to assist your family, we invite you to participate in a webinar or call us at (866) 202-1106. Our expert Customer Advisors are waiting to answer any questions you may have and get you on the fast track to financial freedom immediately.

The Newton Group Elite Sales Associates Celebrates 8th Anniversary Operating in the Timeshare Recapture Industry – PR.com

The Newton Group Elite Sales Associates Celebrates 8th Anniversary Operating in the Timeshare Recapture Industry – PR.com.

ARDA and the Timeshare Transfer Industry: United at Opposite Ends of the Spectrum

“In the end, you make your reputation and you have your success based upon credibility and being able to provide people who are really hungry for information with what they want.” – Brit Hume

A Credible Organization

Credibility breeds trust, and trust is the unifying element of any great relationship. Throughout our lives, we strive to build this credibility with friends and family, to build it with our coworkers, and to build it in our business enterprises. Without trust, creating a strong network of communication would be impossible. The key to developing an association based on good faith is taking an honest approach in everything we do. Is it any wonder, then, that trust is so difficult to establish in the timeshare industry, a veritable desert of ethical conduct?

However, there are a few individuals and companies in this seemingly desolate landscape that are working to bring a degree of trust and integrity to the timeshare arena. One such group that has been establishing standards for good business practices for over forty years is the American Resort Development Association (ARDA).

Based in Washington D.C., ARDA is a trade association that seeks to cultivate the progress of the timeshare industry throughout the United States. In short, they work to establish business standards throughout the industry via several different means. They were first established in 1969 as the American Land Development Association, and today they have grown to include nearly 1,000 corporate members. ARDA’s primary purpose, as declared in their mission statement is to “foster and promote the growth of the industry and to serve its members.”

A Necessary Good

A lot of people might read that quote and immediately think that there is some sort of spite between ARDA and the timeshare transfer industry (with ARDA taking the side of the resort developers and the transfer industry taking the side of angry consumers), but this just isn’t the case. Like any competitive industry, there are always going to be multiple layers and multiple perspectives. We live in a world of opposites, and these opposites are in place to maintain a sense of harmony, a sense of balance throughout the universe. Why would the timeshare business be any different?

The fact is, sometimes timeshare owners simply want out of their contracts.  Maybe it’s become too expensive, or maybe the owners just don’t have the time to use it, but either way, they don’t want the property anymore. With the resale market being what it is, being released from a timeshare contract would be nearly impossible if it weren’t for transfer companies. We hope that ARDA continues to help the timeshare business grow and prosper, but for individuals who feel that they’ve erred in purchasing a vacation property, we’re here to help.

Fostering the Industry

ARDA’s mission is accomplished through a number of different avenues. For one, ARDA serves as a highly influential advocate on behalf of resort developments and consumers by engaging in lobbying efforts centered on legislative and regulatory issues such as “unwarranted taxes and excessive regulation.” They also work to enact public policy involving the timeshare industry and timeshare owners.

Further, ARDA seeks to educate its members with timeshare information by conducting industry research, hosting webinars, and by publishing Developments magazine, “the voice of the timeshare industry.” Throughout the year, there are ten issues circulated that are full of informative articles that focus on industry trends concerning both consumers and developers.

Finally, ARDA also offers a major networking opportunity by holding the ARDA Annual Convention and Exposition. The conventions consist of dozens of educational seminars that cover marketing, technology, finance, and design, among many other topics.  Last year, the convention was held in Las Vegas, and this year’s conference will be held in Hollywood, Florida – just north of Fort Lauderdale.

ARDA isn’t only concerned with catering to the corporate side of the industry, however. ARDA-ROC (Resort Owner’s Coalition) works to defend timeshare owners against legislation that could have potentially disastrous consequences. According to their website, through ARDA-ROC, “Owners can be part of an effective grassroots lobbying coalition of timeshare unit owners dedicated to preserving, protecting, and enhancing vacation ownership.” This organization gives owners a significant political voice in an industry where it can sometimes be difficult to be heard.

A Trusted Leader

With all of this in mind, it’s easy to see why ARDA is such a major player in the timeshare industry. They maintain an influential presence in Washington, and they offer a valuable service to their many constituents. They are a trusted leader in the timeshare development arena, and they are fighting to protect the interests of the industry and their members. At the end of the day, their primary goal is a noble one – to enhance the vacation resort development industry – and we applaud them in this endeavor.

At Newton Group Transfers, we have a distinct appreciation and respect for ARDA (although we do not endorse them, nor are we endorsed by them). They attempt to regulate the timeshare industry in a manner that they feel best represents their members’ wishes, and they’ve worked tirelessly to establish a great deal of trust and credibility, which is always an admirable enterprise. In fact, we’ve learned a lot about consumer advocacy from ARDA that we attempt to implement in our own business practices on a daily basis.

We don’t believe that the resort development advocacy that ARDA strives for and the consumer rights that Newton Group Transfers works to protect are mutually exclusive. Although the timeshare transfer business may occasionally be at cross purposes with ARDA, we feel that our two general ethos align pretty closely. In fact, we think that the timeshare transfer business and ARDA balance each other out perfectly, as we are both dedicated to increasing the credibility of the industry. Newton Group Transfers advocates for the group of owners that no long have a need for keeping their timeshares, while ARDA strives to advocate for the entire industry as a whole, which, in some cases may not specifically address the segment of owners who are seeking an exit. We seek to gain our client’s trust through our core values of integrity and transparency, while ARDA seeks to gain the same through similar upstanding ethical conduct.

A Model of Excellence

So, there you have it. ARDA has over 40 years of timeshare-related regulation under their belt. They’ve established themselves as leaders in the timeshare industry, and they’ve built credibility along the way, both in Washington and throughout the country. They stand for something in a business that often shudders when asked to perform with integrity. Although Newton Group Transfers hasn’t been around as long as ARDA, we’re dedicated to doing things the right way, and we plan on using ARDA as an ethical model in our pursuit of excellence as we continue to perform a valuable service on behalf of our customers.

ARDA attempts to maintain and enhance the timeshare experience, while Newton Group Transfers offers assistance to those seeking an exit. We’re both looking out for the best interests of our clients and members, and, at the end of the day, it’s a commitment to remaining true to our core values that really counts.

With nearly a decade of experience, we have accumulated a vast expanse of knowledge on the industry, and, as a result of this experience, we have heard literally thousands of different owners’ stories. Many of these stories detail an ownership experience that was everything the consumer could have asked for and more. This is the type of experience that ARDA has been fighting for throughout their history. Unfortunately, not every story we hear has a happy ending. Sometimes, timeshare owners are desperate to get rid of their properties, and we feel that we give them the best opportunity to do so in an honest and trustworthy fashion.

If you and your family feel like you may have reached this point, please contact us at (866) 202-1106, or visit us online at newtongrouptransfers.com.

Compared to Hotels, Do Timeshares Make Sense?

Timeshares vs. Hotels

If you and your family own a timeshare, can afford the associated fees, and love the destination, then maybe you made the right choice. However, if these fees have become insurmountable and the destination is getting stale, this blog might prove beneficial. I’m going to take a moment to compare the costs and benefits of hotel travel as compared with timeshares.

Timeshares are a luxury item that most people simply can’t afford. Ignoring, for a moment, the staggering special assessments and maintenance fees, even the fundamental cost of buying a timeshare is just too much for the average family to manage. Unfortunately, these fees can’t be ignored, and they often rise to more than $1,000 per year for timeshare owners. So when typical people want to take their family on a vacation, they do it the old fashioned way – by spending their time at a hotel. This method may not have the sexy glitz and glamour of timeshare ownership, but what these trips lack in water cooler status, they make up for in affordability and the freedom to choose a new destination every year.

Destination Freedom

One of the major drawbacks of timeshares is that, by signing a contract locked in perpetuity (i.e. the contract is eternal and will be passed down to your next of kin), you’re committing to an annual vacation to the same location every year for the rest of your life. In high school, I went to Clearwater Beach, Florida two years in a row for Spring Break. I had a great experience on both occasions, but I soon learned that it’s easy to get bored with a vacation destination. When my sister moved to that area a few years after I graduated, it just wasn’t the same. The beaches were still beautiful, the sun still shined brightly, and the jet skiing was still a riot, but that flair was somehow lacking.

It’s true, there’s nothing quite like the excitement of an entirely new, fresh experience, but, with repeated use that excitement can become ordinary very quickly. However, when you’re able to choose a new vacation destination every year, your trip will always yield new and exhilarating adventures! Most timeshares don’t afford the owner the opportunity to explore different locales, but, by visiting hotels, you open up a world of travel possibilities.

Oh, the Financials

It’s time for everyone’s favorite subject: math! I’ll try not to bore you with the figures, but please bear with me for a moment. Let’s remain conservative and say that you purchased your timeshare for $20,000. If you’re planning on using your timeshare for one for the next 30 years, that works out to roughly $670 per year. This works out to be roughly the same amount that most families of four would spend to reserve a mid-range hotel in a trendy vacation spot. But we left out the maintenance fees. Even if we kept these numbers relatively low, most timeshare owners would still have to tack on an extra $500 annually. Put together, these figures work out to $1,170 that would come out of your bank account every year.

For the sake of objective comparison, I did a little travel research on priceline.com. I entered in a six-night stay at the Westin in Fort Lauderdale, Florida for one of the busiest times of year – the end of March, which, traditionally, marks the Spring Break period for students. I found accommodations for $136 per night, which, when multiplied by the six nights that most people would spend during this time, the number comes out to $816; that’s more than $350 less than the annual cost of timeshare ownership!

To be fair, the average hotel room can’t compete with the fancy amenities that many timeshares offer, but for the family that prefers to spend their vacation actually enjoying the sites and activities of a new place, the money saved could easily be used for several big-ticket activities such as ski-lift tickets or a trip to an amusement park. Not only that, but there would probably still be money left over for a nice meal.

In the end, vacation options will vary from person to person. The most important thing is getting the most enjoyment out of your trip for the least amount of money. Some people feel this is achieved by visiting their timeshare, while others prefer to scope out new places every year and stay in a hotel. If you already own a timeshare, but would rather save money and travel to new destinations every year, perhaps it’s time that you consider transfering your timeshare contract.

Newton Group Transfers

Newton Group Transfers is a timeshare disposal company with an excellent reputation for quickly and seamlessly removing families from their timeshare obligations. We have a fantastic track record within the industry and we have built our name by sticking to our core values of accountability and transparency. Constructing a culture of good faith between ourselves and our clients based on our 100% Money Back Guarantee and an A- rating from the Better Business Bureau is our ultimate goal. We are fully equipped to remove you from your timeshare obligation, so please contact us today at (866) 202-1106 or visit our website at newtongrouptransfers.com for immediate relief from timeshare stress.

Special Assessment Watch: The Truth in Real Time

Maintenance fees and special assessments are no joke. They add up… fast! These fees increase annually whether you use your timeshare or not, and they have become so expensive that many people are now reconsidering their timeshare ownership. While some owners only pay a couple hundred dollars per year, some families have reported paying as much as $1500 dollars or more for the supposed “upkeep” of their property!

These are the kind of financial figures that scare most people away from entering a timeshare contract, but people are usually unaware of just how ridiculous these fees can get until it’s too late. Unfortunately, it can be difficult to wade through the copious piles of manure in a timeshare sales pitch to determine just exactly what your annual costs will look like… until now.

Special Assessment Watch

In 2011, a new independent website was created to help track the total dollar amount of maintenance fees and special assessments collected in the United States annually. The site is called the Timeshare Special Assessment Alert Network and can be accessed at specialassessmentnetwork.com. The proposed mission statement of the site is to “notify timeshare owners of special assessments and maintenance fees in real time as we receive them.”

As of today, December 11th, the website’s “Year to Date Total Fees Collected” meter (which is continually rolling upward like an odometer) reads $46,500,000 with three weeks left to go in the year. This is a figure made all the more shocking by the fact that only a small percentage of timeshare owners have actually reported their fees to the site. The total numbers are estimated to be well over $1 billion. To put that figure in perspective, the gross domestic product of Liberia barely topped the billion dollar mark last year!

Site Features

Below the staggering national collection meter, visitors can view the most recently posted maintenance fees and special assessments for various resorts, along with where they are located. These figures are submitted by objective, unsolicited timeshare owners who are trying to spread awareness relating to the timeshare crisis. In fact, Special Assessment Watch validates the neutrality of their mission by including flattering photos of the resorts and a brief write-up describing some of the perks of each development.

The site is extremely user-friendly and offers interactive menus to help you determine what resorts are charging what fees. At the top of the page, you can scroll through a comprehensive list (there are literally hundreds!) of timeshare developments to find the resort that you’re looking for. Once you’ve discovered the resort you’re curious about, you can examine the most recent maintenance fees, special assessments, or both. Unfortunately, it doesn’t seem like many owners have been contributing their special assessment figures yet, but the site is still new and many people focus solely on their exorbitant maintenance fees.

Below this list, the visitor has the opportunity to share their annual fees with the site and a curious public. To do so, simply enter the name of your timeshare resort, and the name of the city and the state in which the resort is located. Below these informational boxes, there’s a drop-down box for you to choose whether you want to submit information regarding your maintenance fees or your special assessment fees, the amount, and the date you submitted the information.

Finally, near the bottom right corner of the homepage, visitors can quickly access the most expensive resorts in terms of special assessments and maintenance fees. Unsurprisingly, Marriot and Wyndham developments dominate the top of this list. Granted, these resorts are absolutely beautiful and are located in prime vacation locales, but the fees reported are jaw-dropping.

Finally!

From what I can tell, this is the first third-party site of its kind. Special Assessment Watch maintains an honest, objective approach to one of the more critical issues in the timeshare industry today. They do so in the hopes that the site will, “Help educate the helpless” and “prevent someone from making an uneducated decision.”

Special Assessment Watch is doing potential and current timeshare owners a valuable service by making them fully aware of the current fees at hundreds of different resorts. If only the rest of the timeshare industry would follow their lead by operating with more straight-forward transparency, perhaps the current timeshare crisis wouldn’t exist. At Newton Group Transfers, we applaud their efforts to educate potential timeshare owners, and we intend to continue to follow our own core values of leadership, honesty, and integrity to inform everyone of potential alternative options.

Please visit us at newtongrouptransfers.com or call (866) 202-1106 to begin the process of transferring your timeshare.

Large Travel Fees Associated with Timeshare Vacations

For some timeshare owners, the journey to their property is a short drive away from home. For most, however, their annual vacation destination is located quite far away. Actually, that’s usually the whole point of going on vacation; sometimes, you just need to get away! In this case, traveling to your timeshare requires a lengthy road trip or flight. These costs can add up rather quickly, especially if you are traveling with several family members. The fact is that, often times, the travel costs associated with timeshare ownership are left out of the equation when people consider their vacation budgets.

Air Travel

As the economy continues to struggle, and the cost of fuel progressively rises to record highs, experts predict that the price of airfare will persistently increase annually over the next 20 years. In fact, the current average price of airfare is already up nearly 10% from this same time last year. According to Ed Perkins, a blogger with smartertravel.com, “Just about everyone in the business believes that airfares are going up, generally, across the boards, and more or less permanently.” Factors for the price hikes include decreased airline capacity, labor strife, conflict in the Middle East, and recent mergers among large carriers. Unfortunately for travelers, none of these issues seem to be going away any time in the near future.

It’s not all bad, though. On the whole, flying is still a relatively cheap form of travel (in relation to rates adjusted for inflation over the last 30 years), and most airlines stay afloat by throwing in hidden costs such as large baggage fees or instituting small price increases several times throughout the course of the year. Many carriers are looking to invest in more fuel-efficient planes, but much of the technology has yet to be fully realized and the cost for research and development alone is well into the billions of dollars. The average consumer who’s grown accustomed to paying modest fees is likely in for a rude awakening in the near future.

Car Travel

The typical timeshare traveler overlooks several fees associated with car travel that can add up quickly, even if you’re flying. If you’re flying, parking your car in an airport ramp can cost as much as $100 per week. In addition, you’ll have to either rent a car or rely on taxicabs for the duration of your trip, and these costs can get out of hand quickly. For instance, I checked to see how much it would cost to rent a compact car over Christmas this year, and the overall figures well exceeded over $100 per day with Enterprise.

If you’re driving to your vacation destination, there are obviously costs associated with fuel, oil changes, and potential car problems. While fuel prices remained relatively low over this past summer (in large part due to the political elections), most experts don’t expect that trend to continue. In fact, many economists are predicting $4 per gallon again by the end of January.

There are also the unseen costs of piling mileage onto your vehicle’s odometer. In 2011, Americans drove an average of 13,500 miles per year (this statistic includes teenage and senior drivers that typically wouldn’t be driving cross-country to a timeshare destination). A roundtrip car ride from the northern eastern seaboard to southern Florida is more than 2,500 miles. That’s almost a fifth of the miles you’ll put on your car in an entire year! Cars are meant to be driven, but packing on the miles will shorten the length of your vehicle’s life.

Just One of Many Fees

Many people are completely comfortable with paying the travel fees associated with timeshare ownership. Others, however, are beginning to see these costs as the straw breaking the proverbial camel’s back. Once these expenses are coupled with maintenance fees and special assessments, along with the headaches involved with scheduling your allotted time at your vacation property, the lure of timeshare ownership begins to dim.

If you’re feeling overwhelmed by your timeshare, the smartest, fastest way to remove yourself from your contract is to seek the assistance of a timeshare transfer company like Newton Group Transfers. We pride ourselves on our honest approach with our customers, and we won’t sugar coat the situation. We are fully aware of the severity of the timeshare crisis.

At Newton Group Transfers, we offer the opportunity to forge a new financial future by accepting each predicament for exactly what it is, and by working together to develop guaranteed alternative solutions. Please contact us at (866) 202-1106, or enter your information at our website to receive a free quote today!

What Is a Perpetuity Clause?

“As if you could kill time without injuring eternity.” – Henry David Thoreau

Perpetuity: The quality or condition of being perpetual

There are a lot of things that we wish could last forever: the latest book by your favorite author, a perfect evening spent with family and friends, the youth and innocence of a new-born baby. These things have a timeless quality that, although short-lived, we carry with us as treasured memories for a lifetime. Other things, we are stuck with for eternity, whether we like them or not.

You may not have realized it at the time, but if you signed a deeded timeshare contract, you were committing to a potential financial nightmare from which there’s no easy escape. Most timeshare contracts are written with a “perpetuity clause” that makes your contract nearly impossible to break. Timeshare salespeople insist that this element of the contract is vital to ensuring that your progeny will enjoy ownership of such a valuable asset. But what this really means is that, after purchasing your timeshare, you will be required to cover all of the costs related to your timeshare for the remainder of your life. When you pass, the responsibility of maintaining these fees will be assigned to your next of kin.

Usually, family members do not want the property bequeathed to them for a few critical reasons. In recent years, timeshare occupancy has steadily decreased due to a struggling economy and the financial risks associated with these properties. As the number of buyers decrease, resorts raise maintenance fees arbitrarily and well above the rate of inflation in order to mitigate their losses. In fact, the average annual cost of timeshare maintenance fees was $674 in 2008. According to 2011 figures, that number has now jumped to $776 every year. That’s a 17% increase in just three years!

In addition to astronomical maintenance fees, the value of your timeshare decreases dramatically the instant you purchase it. Therefore, in the unlikely event that you are able to sell your timeshare, you will only be able to do so after taking a significant loss. Taken together, these two factors make selling a timeshare extremely difficult; people just don’t want to take on your financial burden in the same way that you no longer want to continue to suffer under it.

So, if you’ve signed a contract making you and your family the permanent owners of the property, what are your options? Well, resale listing companies have very little incentive to follow through with their promise to sell your property; most donation options are scams that will land you in hot water with the IRS; and failing to keep up with your timeshare obligations will lead to a foreclosure that will destroy your credit.

Newton Group Transfers is NOT a resale listing agency or a donation company looking to scam you by falsely appraising your timeshare. We are a timeshare disposal company with a sterling reputation within the industry. We take an honest approach with our customers to completely transfer the deed from timeshare owners who have paid their mortgage in full. We are an experienced group of veterans of the timeshare transfer industry with a universal reputation of integrity based on our core values of accountability and transparency.  We’ve built a culture of good faith between ourselves and our clients based on our 100% Money Back Guarantee and an A- rating from the Better Business Bureau.

We have our client’s best interests in mind, and we will work tirelessly and honestly to remove you from your timeshare obligation.  So please contact us today at (866) 202-1106 or visit our website at newtongrouptransfers.com to liberate yourself from your timeshare contract.



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