The 14 Biggest Timeshare Questions - and How We Can Help You Solve Them
The one biggest problem with your timeshare property is - it doesn’t come with an owner’s manual!
Every day at the National Timeshare Owners Association, we receive calls about the questions and problems that come with purchasing a timeshare property. With the power-packed NTOA benefit package, our members have privileged access to the best resources in the country to resolve their issues.
For non-members...well, our best advice is to enlist our aid before a problem arises!
Here’s just a small sampling of the questions you will probably face as a timeshare owner, and the ways in which we can help you. Don’t wait until you have a problem - sign up today and receive the full range of benefits and information we offer!
- What is the difference between buying a timeshare from the developer versus buying one on the resale market?
- What is the difference between FIXED weeks versus POINTS?
- What is the difference between buying a timeshare in the United States versus out of the country?
- Are my exchange options really limited to just two companies?
- Should I know how to contact my resort’s Board members?
- Should I get notice of my resort’s Board meetings?
- Should I attend my resort’s owners’ meetings?
- Should I get a financial statement and budget for the past year’s expenses on my timeshare?
- Should I know the other owners at my timeshare resort?
- How can I transfer my timeshare deed?
- Is it possible to sell my timeshare without paying an upfront fee?
- I think a listing agent has just scammed me into selling my timeshare. What options do I have?
- Are there any publications that give the latest timeshare news for owners, without developers’ hard-sell?
- Are there any comprehensive books about timesharing on educating the consumer on the ins and outs of owning a timeshare?
| Q. | What is the difference between buying a timeshare from the developer versus buying one on the resale market? |
| A. |
When you buy from a developer, you are likely to hear a high-pressure sales pitch and pay a premium price, with no opportunity to explore alternatives. As an NTOA member, you can have dedicated access to representatives of the nation’s most reputable licensed resellers, saving 60-80% off the original developer’s price. |
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| Q. | What is the difference between FIXED weeks versus POINTS? |
| A. |
With fixed weeks, you purchase seven days of specific ownership: X unit in X building, in X week of X month. That unit is yours for that week, but you cannot split up the week. With points, you have flexibility in that you can split your week between one property and another. The NTOA can help you get the maximum value from your timeshare property, whether you are working with points or fixed weeks. |
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| Q. | What is the difference between buying a timeshare in the United States versus out of the country? |
| A. |
When you are buying an international timeshare, it is very hard to transfer deeds from one owner to another. When you have a unit in the U.S., it is much easier to resell. The NTOA can help you to find a reputable and affordable attorney or closing company to represent you in any state. We recommend that you exchange, rather than buy, timeshare weeks out of the country. |
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| Q. | Are my exchange options really limited to just two companies? |
| A. |
No. As an NTOA member, you can get discounted services from three additional companies that do not demand membership fees, and have a dedicated representative to answer your questions. |
| Q. | Should I know how to contact my resort’s Board members? |
| A. |
Yes. Along with the By-Laws and Covenants, you need to get a list at the time of your purchase. If you do not receive it, ask! If you have any questions or concerns about the policies or practices of your resort’s management, NTOA offers advice and legal assistance. |
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| Q. | Should I get notice of my resort’s Board meetings? |
| A. |
Legally, the management company is required to provide this information on demand. If they do not, and you have any questions or concerns about the behavior of your resort’s management, NTOA offers advice and legal assistance. |
| Q. | Should I attend my resort’s owners’ meetings? |
| A. |
Most definitely, yes. You should get notice from the resort board as to when they are having owners’ meetings, and you should attend on a regular basis. It’s important for you to know what is happening at your resort. |
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| Q. | Should I get a financial statement and budget for the past year’s expenses on my timeshare? |
| A. |
Your resort is legally required to provide a financial statement and maintenance budget for last year and next year, either by mail or at the owners’ meetings. Again. if they do not, and you have any questions or concerns about the behavior of your resort’s management company, NTOA offers advice and legal assistance. |
| Q. | Should I know the other owners at my timeshare resort? |
| A. |
It’s very important for you to connect with other timeshare owners at your resort, and to have the national clout of the NTOA to support you in dealing with the management company and board. Your voice is strongest when you have others speaking with you! |
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| Q. | How can I transfer my timeshare deed? |
| A. |
Depending on the circumstances, transferring a timeshare deed can be a very complex process. As an NTOA member, you can have legal guidance and the help of licensed resellers whenever you face difficulties or questions. |
| Q. | Is it possible to sell my timeshare without paying an upfront fee? |
| A. |
Yes, it is, As an NTOA member, you can also receive additional discounts from our affiliated, licensed resellers. |
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| Q. | I think a listing agent has just scammed me into selling my timeshare. What options do I have? |
| A. |
This happens more often than we can tell! As an NTOA member, you can get legal help. |
| Q. | Are there any publications that give the latest timeshare news for owners, without developers’ hard-sell? |
| A. |
As an NTOA member, you’ll have a free subscription to the bimonthly Timesharing Today magazine, which is created by owners for owners. |
| Q. | Are there any comprehensive books about timesharing? |
| A. |
As an NTOA member, you’ll get an exclusive discount to the two tell-all manuals of timesharing, Surviving a Timeshare Presentation and/or Timeshare Vacation For Dummies. These are a must in every householdand only available through NTOA. |
If you’ve been struggling to get straight answers to your simple questions, you need the exclusive, dedicated help that membership in the National Timeshare Owners Association provides.
Sign up today or contact us at info@nationaltimeshareownersassoc.com or 410-536-0064.