Beware of Scam Companies

It’s no secret that certain elements within the timeshare industry have a reputation for low ethical standards. There is a stigma attached to the term “timeshare” that evokes a litany of negative images: the often overwhelming initial meeting with timeshare sales professionals; monthly maintenance fees and special assessments that are incommensurate from what you thought you had agreed to in your contract; and the anxiety that accompanies the realization that you and your family are locked into your agreement for perpetuity.

As if this wasn’t enough, new companies are springing up fraudulently pledging to remove you from your timeshare contracts without actually following through with their promise. There is a rising awareness that many families will do whatever it takes to remove themselves from their timeshares, and there are a slew of new companies looking to prey upon the vulnerability of timeshare owners. The representatives of these companies falsely claim that they will remove you from your timeshare contracts, but do little to help once they have cashed a large up-front fee.

Specifically, many of these companies are soliciting timeshare owners that have not fully paid the mortgage on their timeshare. They provide their clients with a form letter to send to the resort developer attempting to void their timeshare contract by claiming that they were duped into ownership in the first place. The bottom line is that this method of timeshare removal is not an effective service, and it usually yields no results.  Of course, after the failed attempt, the company does not, in most cases, return your money.

Newton Group Transfers is NOT one of these companies. We take an honest approach with our customers to fully 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 the following factors:

•          A+ accreditation with the Better Business Bureau

•          100% Satisfaction Guarantee

•          Solid Testimonials from Satisfied Customers

•          Nearly a decade’s worth of service in the industry

We urge you to be diligent in your search for an efficient and expedited timeshare exit solution. We realize that most timeshare owners have dealt with less that reputable individuals and organizations in the past, and we understand the hesitation to move forward with an exit solution that requests an upfront fee. However, the links above speak volumes about our honest commitment to our customers. 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 (877) 354-4321 or online to liberate yourself from your timeshare contract and transition into a new financial lifestyle.

Newton Group Transfers Receives High Marks from BBB

Newton Group Transfers has recently received official accreditation from the Better Business Bureau in the form of an A+ rating. This ranking is based on our commitment to our customers’ satisfaction. But what does such a mark entail?

To begin, it is important to remember that the BBB is a non-biased entity. They do not endorse any companies; they are dedicated to preserving the integrity of the marketplace. Their mission is to establish a feeling of mutual trust between consumers and businesses by regulating these relationships through trust and accountability.

Some of the factors involved in Newton Group Transfers earning this grade include the fact that only two complaints have been filed with the BBB since our inception and the sufficient amount of background information provided about our company.

A high ranking with the Better Business Bureau is essential in establishing trust with new customers. As the industry standard for business accountability, the BBB is a highly respected mediator in the marketplace. Their rankings serve as an evidence-based testament to the reputation of each business.

Therefore, while we are delighted with our A+ ranking with the Better Business Bureau, we will continue to strive over the coming months and years to enhance our service even more.  Through our continued excellence in assisting our customers to achieve an expedient exit solution from their timeshare contract, coupled with our 100% Satisfaction Guarantee, we are certain that we will maintain our perfect rating!

Please visit us today online or call us at (877) 354-4321 to begin the timeshare transfer process.

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

The Florida Vacation Plan and Timesharing Act (HB 7025) has passed and will be going into effect on July 1^st of this year, leaving less than a month between now and one of the most significant restructuring of the timeshare 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 resume ownership, while the Viking Ship companies have sailed off in a swift breeze, 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 terminate 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 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.