Timeshare USA – BBB and ARDA
Firstly we need to sort out the acronyms. ARDA, as the logo states, is the American Resort Development Association, the trade body for the timeshare industry in the States. BBB is the Better Business Bureau; best let them explain what they do: “The Better Business Bureau has empowered people to find businesses, brands, and charities […]
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Welcome to the official timeshare registry that doesn’t exist!
As many of our recent articles have pointed out, scammers are referring to a fictitious register of timeshare owners which we say categorically doesn’t exist. As these scammers are getting more and more sophisticated, to stop organisations such as the TCA telling the truth, they have invented the register and made it public, well sort […]
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Timeshare USA – Federal Trade Commission wades in
As we have reported on many occasions there are significant numbers of bogus scam companies working primarily to supposedly exit owners from their timeshare contracts. This problem is acute in both Europe and the USA. The European authorities seem, in the main, to ignore this fraudulent industry, but in the States, there seems to be […]
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The sinking fund – Timeshare developers new way to make money?
As those who own timeshare will know that around this time of year the timeshare developers deliver their invoices for next year’s maintenance fees. Contained in a number of these bills we have seen is a monetary amount designated “sinking fund”. Before we go any further we thought it would be a good idea to […]
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Timeshare – The licence to lie
Regular readers will be aware of the term used above “the licence to lie”. In short the phrase comes from the intransigence of timeshare developers to police the sales techniques and verbal representations used by their sales staff. Whilst we say that developers don’t “police” their sales staff, in virtually all cases they are completely […]
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Timeshare USA – The perpetuity clause
What is the perpetuity clause? First we need to define perpetuity: According to explanation 2, indefinitely, eternity, wow that’s a long time! To our knowledge, timeshare globally is still being sold with a perpetuity clause in the contract, that is with the exception of Spain who outlawed perpetuity in January 1999. In Spain the maximum […]
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Timeshare – Selling Dreams
Each day, every day there is a massive global industry selling us dreams, be it cosmetic companies, car companies they all attempt to sell us a dream. The Walt Disney studios have been selling dreams for years. The film industry is so good at lifting us from reality and popping us down in a world […]
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Timeshare resales – Good or bad?
There is a certainty that if you are considering buying a timeshare then the resale market is the place to look. Many developers will put reasons as to why buying direct from them has advantages, inferring that buying second hand has disadvantages. In a number of cases this is true, however because of the enormous […]
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Timeshare USA – Whistle blowing
Not the sort of whistle blowing at the end of a football match but the kind where an employee testifies against possible wrong doings or mal practice perpetrated by their employer. One recent occasion where this has occurred has come to our attention. Before we look deeper at what’s occurred, we can say it all […]
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Timeshare USA – The return of the telephone numbers?
The Irish writer George Bernard Shaw once said: ‘England and America are two countries divided by a common language’, the same may be said of timeshare in a roundabout way. Here we look at not just England but Europe. As we have often reported, timeshare sales in Europe are at the lowest point for decades, […]
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