www.overtonfactor.com
Username:
 
Password:
Search All RealMega:

Powered By RealMega and MonsterDaata
.RealMega Home
.Monster Daata Home
.Neighborhood Find
.Monster Domain
.Mega Community
.Real Office
.Real Vision
.Real Venue
.Mega News Network
.Real Advisors
.Home Responder
.Mega Factor
.Factor Preview
.Real Neighbor
.Flash Mega
.Real Profiles 
.Multi MLS Search
.Real Owner
.RealMega Presentation
.Buy/Sell Multimedia
.Mega Hosters
.RealMega Site Map
.RealMega Site Index
.RealMega Database
.Contact Information
.Press Release
.RealMega 1 Blimp

Join RealMega
.Free - Join RealMega
.My RealMega
.Contact RealMega
.Send Us Feedback
.Recommend Us
.Mega FAQ
.Link to RealMega
.Mega Banner Links
.Mega Guestbook
.Mega Guestmap
.Mega Forum Page
.Mega Connects
.Make RealMega Home
.Spam Policy
.Advertising
.Terms of Use
.Privacy
.Recommend Us Cards

Entertainment
Entertainment Trivia Free Cards Horoscope Planetarium
Free Entertainment
From RealMega

Monster Domain Tools
Monster Domain Tools
Domain Names & Other
Related Products

Shopping
Shopping Books Real Estate School Web Hosting Domain Names Values
Your One Stop Shop
From RealMega!

Make Us Your Home!
Bookmark Us
Make RealMega My Homepage!

To see how to make RealMega the first page you see when you open up your web browser on your computer Click Here

Mega Selling
Mega Selling
Useful Homesellers Information

Mega Buying
Mega Buying
Useful Homebuyers Information

Real Vision / Real Daata
Real Vision and Real Daata
Real Vision & Real Daata

Real Office
Real Office Tools
Virtual Office Resources

Including:
Calendar
Address Book
Notepad
To Do List
and much more...

Mega Funnies
Image of the Hour

Send Your Friends One Of Our Free Mega Funnies Cards!
Click Here

Real Calculator
Real Calculator
12 Step System

Swami Knows
Swami Knows
Entertaining Advice

Mega Trivia
Mega Trivia Games
Entertaining Trivia

Mega News Network
Mega News Network
Netowrk News Source

Financial Information
Mega Financials
Financial Information

Overton Factor
Lowell Overton Lowell Overton
Lets Talk About Home Ownership

Mega Glossaries
Mega Glossaries
Mega Glossary Terms

Real Horoscope
Aries - From 21 March to 19 April Taurus - From 20 April to 20 May Gemini - From 21 May to 21 June
Cancer - From 22 June to 22 July Leo - From 23 July to 22 August Virgo From 23 August to 22 September
Libra - From 23 September to 23 October Scorpio - From 24 October to 22 November Sagittarius - From 23 November to 21 December
Capricorn - From 22 December to 19 January Aquarius - From 20 January to 18 February Pisces - From 19 February to 20 March

Weather
Mega Weather

Free Local and National Weather Reports!

Enter Your City, State, State or Zipcode:


Current Moon Phase
Current Moon Phase

World Weather From Mega Forecast

Real Book Source

Real Book Source

  
VACATION TIMESHARE ANALYSIS
Printer Friendly Format | Tell A Friend | TeamOverton1 Media | OvertonFactor Home

VACATION TIMESHARE ANALYSIS

TIMESHARE OWNING MAY NOT BE ALL THAT IT APPEARS

If you own a vacation timeshare (the use of a vacation home for a limited, pre-planned time), be cautious about people offering to help you resell it for a fee. Most of these sales programs are bogus. The market for resale is poor. One recent survey found that only 3.3 percent of owners reported reselling their timeshares during the last 20 years.

Timeshare Selling Cautions
  • Do not agree to anything over the phone until you have had a chance to check out the company.
  • Ask the salesperson to send you written materials.
  • Find out where the company is located and where it does business.
  • You are responsible for maintaining your home and paying all real estate taxes
  • Contact the Better Business Bureau, state Attorney General, and local consumer protection agencies in the state where the company is located. Ask about complaints against the company.
  • Be wary of companies charging an advanced "listing" fee for services. Consider opting for a company that offers to sell with a fee after the selling.

Unscrupulous companies may contact you by phone or mail. Salespeople are likely to tell you the market for resale is "hot" and that their company has a high success rate in reselling units. They may claim to have extensive lists of sales agents and potential buyers. For an advance "listing" fee, often $300 to $500, some salespeople promise to sell your timeshare for a price equal to or greater than your purchase price. To further entice you, they may offer a money-back guarantee or a $1,000 government bond if they cannot sell your timeshare within a year. Others offer to purchase your timeshare for 80-90 percent of its appraised value if they do not sell it within a specified time.

In reality, the market for resales may vary considerably, depending on the location and time of year. The lists of sales agents and buyers may consist of people who have never heard of the company or have no interest in buying a timeshare. It may be unlikely that the company can sell the timeshare at all, let alone at a price equal to or greater than your original purchase price. In addition, many consumers whose timeshares don't sell after a year may be presented with a government bond worth only $60 or $70 or told there's no refund on their listing fee.


Contact Lowell Overton:
Visit Also:



TeamOverton1.com
Media.TeamOverton1.com
TeamOverton1News.com
TeamOverton1Cards.com
REO Socal.com
SoCalReports.com

Previous Overton Factor Articles

Information provided by this website is general and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Home
| Join RealMega | Community Web Pages | Contact Us | Blog Page
Advertise on RealMega | Terms of Use | Privacy Statement | Spam Policy

RealMega Site Map | RealMega Site Index

© 1999-2006 RealMega.com. All Rights Reserved.
All Other Copyrights Remain The Property Of Their Respective Owners.

The RealMega Network is Proudly Hosted by Mega Hosters Inc.