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	<title>Timeshare Council &#187; Exchange</title>
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	<description>Timeshare Information</description>
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		<title>10 Things You Should Know About Timeshares</title>
		<link>http://timesharecouncil.net/purchasing/10-things-you-should-know-about-timeshares/</link>
		<comments>http://timesharecouncil.net/purchasing/10-things-you-should-know-about-timeshares/#comments</comments>
		<pubDate>Thu, 22 Sep 2011 03:28:34 +0000</pubDate>
		<dc:creator>Time Share Advisor</dc:creator>
				<category><![CDATA[Purchasing]]></category>
		<category><![CDATA[contract]]></category>
		<category><![CDATA[donate]]></category>
		<category><![CDATA[Exchange]]></category>
		<category><![CDATA[fixed]]></category>
		<category><![CDATA[floating]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[maintenance fee]]></category>
		<category><![CDATA[resale]]></category>
		<category><![CDATA[sales pitch]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://timesharecouncil.net/?p=446</guid>
		<description><![CDATA[Understand the contract. It is easy to sign a timeshare contract, but it may be hard to get out of one. Make sure you understand all of the terms. When do you get to use the property? Do you get the same property every time? What is your yearly total cost of ownership? Are there set [...]]]></description>
			<content:encoded><![CDATA[<ol>
<li><strong>Understand the contract.</strong><br />
It is easy to sign a timeshare contract, but it may be hard to get out of one. Make sure you understand all of the terms. When do you get to use the property? Do you get the same property every time? What is your yearly total cost of ownership? Are there set dues and fees? How much can the dues and/or fees increase each year? Who manages the property? Who do you contact with contract questions?</li>
<li><strong>Walk away from high pressure sales</strong>.<br />
There are good timeshare deals, and there are timeshares deals that require high pressure sales. Walk away from a sales pitch if you feel pressured to make a decision on the spot. The last thing you want is buyer’s remorse after signing a binding contract. You should also research the company you are doing business with, or at the very least check their rating on the Better Business Bureau.  Walk out the door if the word free comes out of a sales persons mouth.</li>
<li><strong>Location, location, location</strong><strong><br />
</strong>If you want to trade, you need a desirable location. You will probably not get the best trades with Vegas or Aspen in the summer.</li>
<li><strong>Timeshares are not investments</strong><strong><br />
</strong>The stock market is for investments,  timeshares are for vacations. The value in a timeshare is the quality of your vacation. You should feel good about breaking even, should you decide to sell your timeshare.  You can rent some timeshares, but again, feel lucky if you break even.</li>
<li><strong>Maintenance fees</strong><strong><br />
</strong>All timeshares have maintenance fees. You will pay an annual fee, even if you do not use the timeshare. Read the contract, and make sure you understand the terms of the maintenance fees.</li>
<li><strong>Exchanges</strong><strong><br />
</strong>You may never tire of your timeshare if it is in a desirable location and time of year. You may have the option of exchanging your timeshare through a timeshare exchange broker should you want to explore other locations.</li>
<li><strong>New or resale</strong><strong><br />
</strong>You can save a considerable amount of money by purchasing a timeshare from a previous owner, maybe even 50% or more.</li>
<li><strong>Fixed week vs. floating week</strong><strong><br />
</strong>Fixed week means that you get the same week every year (IE: 4<sup>th</sup> of July).  Flex week means that you can claim a week within a range of weeks.</li>
<li><strong>Taxes</strong><strong><br />
</strong>Any profit from the sale of your timeshare is taxable. Selling at a loss is typically not deductible.</li>
<li><strong>Donating a timeshare</strong><strong><br />
</strong>You can donate your timeshare to a charity</li>
</ol>
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		</item>
		<item>
		<title>Understanding Timeshare Exchanges</title>
		<link>http://timesharecouncil.net/exchange/understanding-time-share-exchanges/</link>
		<comments>http://timesharecouncil.net/exchange/understanding-time-share-exchanges/#comments</comments>
		<pubDate>Fri, 10 Dec 2010 16:46:24 +0000</pubDate>
		<dc:creator>Time Share Advisor</dc:creator>
				<category><![CDATA[Exchange]]></category>
		<category><![CDATA[fees]]></category>
		<category><![CDATA[location]]></category>
		<category><![CDATA[private exchange]]></category>

		<guid isPermaLink="false">http://timesharecouncil.net/?p=287</guid>
		<description><![CDATA[One of the “perks” of timeshare ownership is the ability to exchange your week for a different one or at a different location.  When you are first presented with this at the sales pitch they want to make it seem easily accomplished. Unfortunately that is not always the case.  There are many exchange companies that [...]]]></description>
			<content:encoded><![CDATA[<p>One of the “perks” of timeshare ownership is the ability to exchange your week for a different one or at a different location.  When you are first presented with this at the sales pitch they want to make it seem easily accomplished. Unfortunately that is not always the case.  There are many exchange companies that offer the service to trade your weeks easily.  Of course they charge various fees and have many different rules. Companies vary with available properties, exchange fees, banking options, and annual dues.  Unfortunately many people have a very hard time getting what they want from exchange companies.</p>
<p>There are some tips at increasing your satisfaction with your exchange. The first being; be realistic. You will not have an easy time exchanging a crummy week or location for a five star option during spring break. Secondly; deposit your weeks as early as possible and have your fees paid. Third; look into different resorts in the area you want and not just one resort. Four; search as early as possible; Fifth; call the exchange company often, they are less likely to call you if something comes up than for you to call them. The best tip is to be open to shoulder dates and off season dates. The real key to getting a location you want is flexibility!</p>
<p>One last solution people have been doing in lieu of exchange companies is private exchange. Posting on a community board what you have, when you have it and what you are looking to trade for can yield excellent results. Even better is the lower cost of paying fees to a company that may sometimes seem to not want to help you get what you want!</p>
]]></content:encoded>
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		<item>
		<title>Timeshare point systems</title>
		<link>http://timesharecouncil.net/exchange/timeshare-point-systems/</link>
		<comments>http://timesharecouncil.net/exchange/timeshare-point-systems/#comments</comments>
		<pubDate>Thu, 18 Nov 2010 04:08:12 +0000</pubDate>
		<dc:creator>Time Share Advisor</dc:creator>
				<category><![CDATA[Exchange]]></category>
		<category><![CDATA[points]]></category>

		<guid isPermaLink="false">http://timesharecouncil.net/?p=277</guid>
		<description><![CDATA[Timeshares often take much creativity and flexibility to get what you want. “Point&#8221; systems are being marketed as a solution to these issues. Those who are for point-based systems claim that they offer convenience and flexibility in securing vacation accommodations and other leisure products and services when and where the user wants them. People against [...]]]></description>
			<content:encoded><![CDATA[<div id="_mcePaste">
<p>Timeshares often take much creativity and flexibility to get what you want. “Point&#8221; systems are being marketed as a solution to these issues. Those who are for point-based systems claim that they offer convenience and flexibility in securing vacation accommodations and other leisure products and services when and where the user wants them. People against cite the complexity and added administrative expenses of point-based systems, the fees many developers charge to convert a traditional timeshare unit-week interest to points, and erosion of owners’ property rights. Both sides have a good point. A point-based system that is properly designed, sold, explained, and administered does indeed add flexibility and value to the concept of vacation ownership. But point-based systems are inherently complex and do cost more to create and run. Many developers pass on these added costs to their customers. Also, if a system design is flawed, or if promises made at the sales table exceed what even a well-designed system can deliver, consumers whose expectations have not been met May feel ripped off. There are two kinds of points systems being used today. There can be variations but generally they fall under, Timeshare schemes in which points reflect an underlying ownership interest in real estate, and Membership arrangements in which points reflect only a right to use certain vacation accommodations, products, and services on an availability basis.</p>
<p>There are differing opinions on the value of these systems. Unfortunately most of them are negative. Many complain that they have a very hard time getting what they hoped for, and what they were promised in the sales pitch. One thing becomes very clear with points systems. Buyers beware as with most timeshare situations.</p>
</div>
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		</item>
		<item>
		<title>Benefits of timeshares</title>
		<link>http://timesharecouncil.net/purchasing/benefits-of-timeshares/</link>
		<comments>http://timesharecouncil.net/purchasing/benefits-of-timeshares/#comments</comments>
		<pubDate>Wed, 10 Nov 2010 02:25:48 +0000</pubDate>
		<dc:creator>Time Share Advisor</dc:creator>
				<category><![CDATA[Purchasing]]></category>
		<category><![CDATA[Exchange]]></category>
		<category><![CDATA[family]]></category>
		<category><![CDATA[kitchen]]></category>
		<category><![CDATA[maintenance fee]]></category>
		<category><![CDATA[space]]></category>

		<guid isPermaLink="false">http://timesharecouncil.net/?p=271</guid>
		<description><![CDATA[Timeshares have a bad reputation. The bad reputation comes from high pressure sales tactics that push timeshares on buyers who are not a good fit. Timeshares do not work for everyone, for some it is the only way to vacation. Timeshares work well for those that vacation frequently (more than twice a year), travel in [...]]]></description>
			<content:encoded><![CDATA[<p>Timeshares have a bad reputation. The bad reputation comes from high pressure sales tactics that push timeshares on buyers who are not a good fit. Timeshares do not work for everyone, for some it is the only way to vacation. Timeshares work well for those that vacation frequently (more than twice a year), travel in a group, and desire accommodations similar to home. </p>
<p>Timeshares are a financial obligation. Timeshare owners pay an annual maintenance fee, even if they do not use their week. Timeshares do not work well for those who may have difficulty paying a maintenance fee and vacation costs (transportation, food, entertainment, etc) on an annual basis.</p>
<p>Timeshares are often condos. They typically include multiple bedrooms, a kitchen, and a family room. A timeshare usually offers more space than a hotel room in the area. They can offer the comforts of a home on vacation. Timeshares work well for families, or other large groups. Preparing meals in a full size kitchen can offer families substantial savings when they vacation at a timeshare. </p>
<p>Timeshares can also provide accommodations globally. There are numerous exchange programs that facilitate exchanging weeks owned at one resort for weeks at a comparable resort. Exchanges can enable a timeshare owner to vacation in the mountains of Aspen Colorado one year and enjoy the ocean at a Mexican resort the next year. </p>
]]></content:encoded>
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		</item>
		<item>
		<title>Timeshare exchanges</title>
		<link>http://timesharecouncil.net/exchange/timeshare-exchanges/</link>
		<comments>http://timesharecouncil.net/exchange/timeshare-exchanges/#comments</comments>
		<pubDate>Mon, 18 Jan 2010 15:52:13 +0000</pubDate>
		<dc:creator>Time Share Advisor</dc:creator>
				<category><![CDATA[Exchange]]></category>

		<guid isPermaLink="false">http://timesharecouncil.net/?p=141</guid>
		<description><![CDATA[Many people buy time-share facilities in order to exchange them for accommodations in other resort areas. Don&#8217;t disappoint yourself, listen to what experienced time-share owners have to say: &#8220;DO NOT BUY FOR EXCHANGE-ABILITY!”.  Exchange-Ability depends upon supply and demand. The three-primary factors involved in exchanging time-share units are:desirability of the resort area, the desirability of [...]]]></description>
			<content:encoded><![CDATA[<p>Many  people buy time-share facilities in order to exchange them for accommodations  in other resort areas. Don&#8217;t disappoint yourself, listen to what experienced time-share  owners have to say: &#8220;DO NOT BUY FOR EXCHANGE-ABILITY!”.  Exchange-Ability  depends upon supply and demand. The three-primary factors involved in  exchanging time-share units are:desirability of the resort area, the  desirability of the time period offered, the attractiveness and size  of the accommodations. Someone with a two week time-share in a three-bedroom  condominium at Aspen, Colorado, during the height of the ski season  is not likely to want to exchange it for one week in a less attractive  timeshare.</p>
<p>Timeshares  are also flexible. In case you can&#8217;t make it on your designated week,  you could look for available weeks through timeshare exchange companies  so you can take your vacation.</p>
<p>There are many reasons for lack of exchange-ability in the time share  business. If you are having trouble exchanging your time share, you  are not alone. There are things you can do to increase your odds at  getting the place you want to exchange for. </p>
<p>If  you have your eye on a top resort and are doubting the attractiveness  of yours, give yourself some credit. There are probably many people  like you who are not trying either. Put yourself in the group looking  to use these top quality properties. You never know who might be wanting  or needing to go where. Do not miss out because you talked yourself  out it.</p>
<p>Do  not be  late depositing your week. You know when you will not be  using your week but many people delay depositing it! The sooner you  post it the increased odds of finding an exchange.</p>
<p>Another  way to reduce your odds is  not selecting sufficient resorts for  your exchange. Many owners spend ages selecting 3 or 4 resorts,   from many thousand that are available. Just imagine reducing your list  from 10 to 3. Do not waste your time! Go with the big list! it is easier  to produce and makes the exchange so much easier.</p>
<p>Do  not be too fixed in your requested time.  What fixes your time?  how flexible can you be?  Moving your request a week or two can  have a dramatic effect on getting your dream timeshare exchange.</p>
<p>Assuming  the response the week is not available, and assuming that  it will  never be available. This is not always the case. Timeshare exchanges  have inventory that is added to week after week. So if something is  unavailable today it could easily be available next week. Would you  want to be informed of the change in availability? This is simple to  fix, just get on the waiting list.</p>
<p>This  is probably the main reason why people buy timeshares. Once you own  one, you can exchange the rights with someone else&#8217;s regardless of where  you may be, although this usually depends on the affiliates that belong  to the same exchange company as you. In order for exchange-ability to  work for you, flexibility is key. If you do not have the liberty of  choosing your own vacation dates, a timeshare may not be in your best  interest.</p>
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