ORLANDO, Fla., Nov. 1, 2010 /PRNewswire/
CNNMoney.com has often sounded the warning that timeshares are a trap. In one article, Bill Rogers, of Timeshare Users Group, said, “You don’t buy a timeshare as an investment. You buy it because you want to use it.” The article also reminds us the price of timeshares are grossly inflated 35-45% to cover all the hype that goes into getting people to buy them in the first place. Once timeshare owners realize their mistake and try to sell their property they discover a hard truth – unlike other real estate, timeshares lose value rather than gain it over time.

Florida Attorney Susan Budowski says, “The information reported by CNNMoney.com isn’t startling, but the fact that article ran in April of 2002 and still goes unheeded is. Approaching a decade later, the news is worse rather than better. Maintenance dues alone increase on average 8% each year over your lifetime and that doesn’t include inevitable assessments along the way. Timeshares are not an investment and it’s time to accept it.

It’s time to consider finding an attorney who specializes in timeshare cancellation and get out at all costs. Wise investors know when to learn their lesson, cut their losses, and stop the bleeding before making matters even worse. Sadly, many timeshare companies continue to misrepresent timeshare purchases as a real estate investment.”
Learn more about Ms. Budowski’s services for timeshare victims, please visit http://www.mytimeshareattorney.com

About Attorney Budowski
Ms. Budowski is a licensed attorney in Orlando Florida. (considered the timeshare capital of the world) She has been a member of the Florida Bar since May of 2004. She previously worked at the Central Intelligence Agency (CIA)in Langley Virginia where she received multiple Exceptional Performance Awards from high ranking members of the CIA including then CIA Director William Gates, our current Secretary of Defense.

Contact:
Michael Budowski
timeshare@susanbudowski.com
888.265.7900 Tel

http://www.mytimeshareattorney.com

Florida attorney, Susan Budowski, a timeshare victim advocate, warns consumers to be aware that with the resurgence of the timeshare industry,timeshare scams will rise with it. According to Howard Nusbaum, President of the American Resort Development Association, a pro timeshare industry association, “the travel and timeshare industry is seeing a resurgence of travel in 2011, terrific news for the timeshare industry.” Attorney Budowski warns consumers this also brings more victims of deceptive sales practices by unscrupulous sales representatives.

Budowski adds, “unfortunately many timeshare owners are getting taken advantage of multiple times. I have seen those who have been misled or coerced into buying a timeshare and then later desperate to get out of their contract, attempt to sell their timeshare only to be taken advantage of by a resale company.” Evidenced by a recent SWAT team raid of a purported timeshare resale company, Orlando Police Department’s SWAT team raided an illegal timeshare resale telemarketing operation. A spokesman for the Orlando Police Department said “the company was taking two to four thousand dollars per customer without providing any services. The raid and arrests were a result of timeshare owners from Florida to Canada filing multiple complaints.”

Attorney Budowski advises timeshare owners that feel they have been a victim of a resale scam, to contact their local authorities. She adds, “the majority of legitimate real estate transactions do not require an upfront fee to try to sell or rent a property, if a company does, that should raise a huge red flag”.

Budowski also warns of a surge in timeshare cancellation companies on the Internet and utilizing similar unscrupulous telemarketing firms to take advantage of timeshare owner’s misfortunes. “These companies make false claims of legal expertise and claim to guarantee refunds and or cancellations of timeshares and like the resale companies, require an upfront fee, many times exceeding what it would cost to hire an attorney.”

Budowski further conveys, she understands many people are reluctant to get a lawyer involved, however when dealing with a timeshare company on a matter like misrepresentation, deceptive trade practices or coercion in a timeshare sales contract, she believes it is imperative to be represented by an attorney, whether her firm or another law firm. “Consumers need to recognize that some of their contract documents are hundreds of pages and that the timeshare company spent tens of thousands of dollars drafting them, and certainly not on the purchaser’s behalf. Not to mention, they have lawyers that work directly for them as well as an outside law firm on retainer.” While there are some do it yourself document services for basic legal issues that work, this is far from a basic legal matter.” She adds, “this is one battle you definitely want a lawyer on your side of the table.”

“If you feel you were taken advantage of by your timeshare sales representative and pressured to sign a contract, I recommend only working with a licensed attorney who specializes in these matters. They will assess your situation to determine what legal remedies you may have. Then, if it warrants canceling your timeshare contract, he or she will take the proper steps to make sure your situation is properly handled. Until then, don’t try to cancel your timeshare or sign a timeshare cancellation contract with anyone or a firm that is not a licensed attorney to represent you”, Budowski said.

To find our more about Attorney Budowski services for timeshare victims and a free consultation visit http://www.mytimeshareattorney.com

About Attorney Budowski
Ms. Budowski is a licensed attorney in Orlando Florida. (considered the timeshare capital of the world) She has been a member of the Florida Bar since May of 2004. She previously worked at the Central Intelligence Agency (CIA)in Langley Virginia where she received multiple Exceptional Performance Awards from high ranking members of the CIA including then CIA Director William Gates, our current Secretary of Defense.
timeshare@susanbudowski.com
Michael Martin
888.265.7900 Tel

http://www.mytimeshareattorney.com

The Real Cost of Timeshare
Many people have not calculated the true cost of owning a timeshare. We created a calculator to assist you…

Timeshare Cancellation
We represent timeshare owners that feel the timeshare representatives misrepresented material facts and or failed to disclose information that otherwise may have prevented the buyer from purchasing…

Introduction from Timeshare Cancellation Attorney Susan Budowski.

Orlando Swat Raids Timshare
Florida attorney, Susan Budowski, a timeshare victim advocate, warns consumers to be aware that with the resurgence of the timeshare industry,timeshare scams will rise…

For years, timeshare sales reps have been using deceptive sales tactics to get unsuspecting consumers to bite on a dangerously baited hook. These deceptive practices have evolved through the years and unfortunately from consumers who do not do their homework. Additionally, those who go on timeshare presentations who did not find out what a timeshare truly is prior to the tour. Jump to Contact Form Below.

Don’t be a victim of timeshare fraud. Stand up for your consumer rights!

To qualify for this timeshare cancellation program, the owner must be considered a Timeshare Resort Fraud Victim. Below you’ll find the top ten lies told to timeshare owners when they buy from a resort. If any of these lies sound familiar, then you Qualify as a timeshare resort fraud victim.

Investment
Being told that the timeshare purchase will increase in value, sell at a greater price, or due to location it is worth more than other locations.

Rental / Resale
Any mention or promise that the owner will be able to sell their timeshare for a profit, that the timeshare company will buy it back, or being able to rent their unit, points, or weeks to cover the cost of maintenance fees, mortgage, and any other costs.

Maintenance Fees
Any mention that they never go up or that they can be offset by renting. Owners must be given the opportunity to understand what maintenance fees are and that they do go up with time.

False Sense of Urgency
Any means possible to get owners to think that they must buy today, or they will not get the same deal, or they will never be able to tour again.
Tour Length Timeshare tours are to last 90 minutes. When the tour length gets over 3 hours there may be coercion.

Cancellation
All owners must be afforded the right to fully understand their right to cancel. This rescission
period must be shown, explained, and signed by all owners.

False Meetings
Any meeting other than a prescribed sales presentation is against timeshare regulations. Dinner parties, party weekends, owner’s updates, or any other name for a reason to get the owners to meet for a sales presentation.

Tax Incentives
Any mention of a timeshare or the trip being a tax break or incentive.

Closing
All documents that require a signature or an initial must have been fully explained by the closing agent or it’s a violation of timeshare regulations. Many times this process will be rushed or hurried to get the owners out the door without asking questions.

We can help you cancel your timeshare so use the phone right now…

rci-timeshare-resales

What Is RCI?

Resort Condominiums International (RCI) has been called the definitive name in timeshare vacations. RCI dedicates its services to timeshares only and is the largest timeshare vacation exchange in the world in terms of members and number of properties within its network. RCI was founded in 1974 and now has over three million members.

The RCI Network

There are RCI resort properties in over 100 countries, encompassing all major resort destinations. You will find Resort Condominiums International and its top-quality vacation accommodations in both vacation hot spots and off-the-beaten-path destinations.

RCI’s far-reaching resort network also means that you may want to purchase more than one week. Many owners, in fact, find that owning multiple weeks gives them even more freedom. Perhaps you want to spend a vacation week every year at your favorite home RCI resort, but you would still like the opportunity to visit fascinating destinations such as Cyprus, Belize, and The Philippines.

Owning more than one RCI week means you can plan both a family RCI vacation and a romantic escape just for two. The RCI exchange process has been described as easy, flexible, and accompanied by many options. With most RCI vacation packages you don’t have to think in terms of seven or 14-day holidays. You can use your annual RCI vacation time in many different increments, including one night at a time.

RCI Exchanges

All you have to do to exchange your property, as a member of the RCI time share exchange, is deposit your RCI vacation property in the exchange inventory. This means that you’re essentially giving it back to RCI. Based on your timeshare’s rank (Gold Crown or Silver Crown) and season (Red, White or Blue season) RCI will provide you with a list of comparable timeshares to choose from. With almost 4,000 RCI vacation destinations and thousands of members participating in exchanges at any given time, your chances of scheduling a great vacation are pretty good.

More To The Membership

But the benefits don’t stop there. RCI Travel is a travel planning agency developed exclusively to serve RCI members. Because RCI Travel specialists understand that some people need help with travel plans, they offer RCI points, which members can earn. RCI points enable vacationers to gain even greater flexibility in travel planning, upgrade their accommodations, or trade for travel perks like airfares, car rentals, cruises, and more.

Other Thrilling Options With RCI

The flexible options of an RCI timeshare also make it possible for you to use your property as an RCI rental, allowing others to enjoy the fine amenities and destinations you’ve enjoyed. Rent or buy RCI points and RCI timeshare resales confidently, knowing that your vacation property meets the highest standards for safety, luxuriousness, and top-notch amenities. It is for these reasons that many timeshare renters report satisfaction with their RCI rental.

RCI And Sell My Timeshare NOW

Remember yo do not have to be a member of Resort Condominiums International or any of the other timeshare exchange companies in order to do the following:

Buy, sell, or rent timeshare at Sell My Timeshare NOW
Enjoy the top quality standards of an RCI rental
Purchase RCI timeshare resales
Rent or buy a timeshare resort property affiliated with any other exchange company.

RCI memberships can greatly improve your vacation experience. The best way to find affordable RCI timeshares is right here on Sell My Timeshare NOW and enjoy top-shelf resorts for thousands less!

Timeshare Resorts

Floating weeks still confine you to within a specified period of time, say the summer time, but at least afford you the luxury of changing things up if you can’t get a certain week off at work or need to alter plans to get the entire family down.. this is a great alternative, but with convenience comes expense.

California Timeshares

Fix week is great if you know that your going to be free on that date forever, like if your a school teacher and that is a permanent vacation day or something, otherwise, fix week can get lost due to non-use. That’s right, if you don’t use it, you lose it, and you still have to pay the resort fees for that week… This is why so many resort timeshares are for rent on VRBO.com, Homeaway.com and VacationRentals.com – they need to fill it or else they lose the annual fees.

You can avoid this by getting a floating week timeshare.