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Re: We Collect Timeshares, LLC (by R P.):
ken1193 wrote:You and I would likely agree upon one point (and probably ONLY one point); if developers and/or resorts would accept "deedbacks" from owners who want to rid themselves of timeshare ownership, then there would be no need for any "PostCard Companies" OR for any desperate, unhappy timeshare owners to ever exist at all.
Resorts and HOAs are not in the business of accepting deedbacks and I agree with that wholeheartedly. What if every dissatisfied timeshare owner that got tired of their week owned or just wanted out for whatever reason were allowed to deed their week back to the resort? The resort would then be holding hundreds or thousands of white elephants with no maintenance fees coming in (a resort's bread and butter and resort would then disintergrate). If the owner couldn't sell the week, how could the resort? And what about other owners who would have to take up the slack via future higher maintenance fees due to deedbacks.
No one holds a gun to a timeshare buyer's head to make them buy. Even with all the lies told by some developer salespeople, prospective buyers should research everything there is to know concerning timeshare ownership before committing themselves like they would for any big ticket purchase. With the internet at one's fingertips and so much education out there, it's an easy task.
The above is why forums such as Redweek and others are vital for educating anyone even thinking about buying a timeshare and all the positives and negatives of such (many positives, many negatives).
I have said this time and time again .... I don't nesessarily condone how postcard companies do business, but if they lessen the burden of a timeshare owner that just wants to rid themselves of that albatross around their necks by paying approximately 4 years of maintenance fees that they would have been responsible for paying anyway and THEY ARE SATISFIED then I see no reason to complain.
Many of these people have tried in vain to sell their timeshares with no success until the postcard companies came along to rid owners of their burden. By looking at Ebay, most weeks that postcard companies take can't even be sold for $1 and the postcard companies are then responsible for future maintenance fees and special assessments if they can't sell the week.