Sunterra Timeshare How To Sell It
Friday, September 4th, 2009Do you own a timeshare ? Do you want to sell it?Have you tried for a long period of time only to discover that there is no resale market? If you are like us you have spent fortunes over the years trying to sell your timeshare only to be ripped off by one scam artist after another.
One alternative to trying to sell your timeshare would be to trade it in for another product providing that product is obviously not another timeshare or points or some kind of holiday club as they are all basically trying to rip you off one way or another.
We tried to sell our timeshare via a number of different companies . We paid them good money and they promised us that they would take our timeshare off our hands but as per usual after the money had exchanged hands we were still lumbered with our timeshare and outrageously increasing maintenance fees.
We finally went for the alternative option and traded our timeshare in for a buy to let property abroad. Not only did the company we dealt with give us an upfront cash lump sum for our timeshare we also managed to secure an off plan property deal which gave us a healthy return on our investment within 36 months. We are now in the process of buying our second off plan purchase with the money we made on the first one.
This may appear to be a strange alternative to some people but we knew we would never get rid of our timeshares and the fees kept increasing rapidly. It took us a while to find the right company and the right investment but after some due diligence it was an absolute no brainer. We turned the increasing annual debt of the timeshare into a savings plan with a guaranteed return on our investment.
The worse case scanario for us if the property investment didnt increase in value was a gauranteed rental income offered by the broker so we could just sit on it until it did make money. The reason why we purchased the timeshare in the first place was because we thought it was an investment in our future holidays and supposedly a long term saving.
Like most timeshare owners we always wanted a property abroad and a timeshare was supposed to be a cheap way of doing it, by owning just a fraction of the property and only paying for what we used. Unfortunately by buying the the timeshare that dream turned into a nightmare.
The Investment agent made us an offer we couldnt refuse by giving us cash upfront for our timeshare on the condition that we simply reinvest a tiny fraction of the monies paid to us into an investment which gave us an even bigger return on our monies in 3 years. Some of you might see the sense in it and some maybe not. We feel its definately worth anyone haveing a look especially if you make as much money as we did. As far as we were concerned we had finally realised our dream because it’s what we really wanted when we first purchased our timeshare.
This option may not be for you but it’s certainly worth looking into especially if you own multiple weeks and the maintenance is over £1000 per year and the thought “how to sell my timeshare!" is constantly on your mind. If you want more details then go to our website. We set the website up to give other timeshare owners just like us an alternative way out because we were sick and tired of all the rip off merchants and scam artists out there just giving false information and taking money under false pretences