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Re: Sumday Vacations (by Jeff B.):

Hello to all in this string, My name is Jeff Brown and I am the owner of Sumday Vacations. I would like to clear up a few things for you so that you might understand Sumday Vacations relationship with other companies more fully.

Here are the totally untrue things found throughout your posts: 1. Sumday is not a Post Card Company 2. Sumday has never used Resort Closings 3. Sumday has never employed a man named John Kushman 4. Sumday only blocks ebay bidders who do not pay for their purchases. 5. Sumday Vacations is not owned, controlled or managed by another company.

So, let me explain what Sumday is and does. Sumday is a timeshare transfer company who is contracted to conduct transfers for about 100 travel & timeshare companies throughout the US, Mexico and Europe.

To use this string as an example the client purchased something from Coastal and traded in their timeshare as part of that purchase. Coastal has the right to keep the timeshare in their inventory or they may elect to pass that unit to Sumday Vacations.

If it is passed to Sumday we find a new owner, transfer the title with the county recorder, and notify the resort of the ownership change. There are many fees involved when transferring a timeshare, here are the most common:

1. Recording fees ($30-140) 2. Title search ($50-75) 3. Title insurance ($100-115) 4. Document preparation ($30-70) 5. Attorney review ($50-150) 6. Transfer taxes ($3-75)

Then we have to notify the resort and the resort's have started charging for their owners to transfer to another party. In my honest opinion, this is a total scam by the resorts. I guarantee you that when you bought your timeshare they told you that you could rent, loan, sell or will your timeshare to whomever you choose. They did not tell you that you would have to pay a huge fee at the time you decided to sell it. This fee has become a source of revenue for the resorts.

In this string, Wyndham's fees of $299 are quoted but they are middle of the line, some of the higher fees are Spinnaker at $125 in transfer fees but they also require $750 in prepaid maint. fees for a biennial property or $1500 for an annual, the property will not transfer without those fees being paid upfront. Manhattan Club at $1000, Mayan properties at 10% of the original purchase price, there is even a small resort in Hot Springs, AR that requires $3500 to change the name of the owner in their computer, etc. etc. etc.

So, huge fees are possible in a timeshare transfer, I believe that you should weigh that cost against how you use your timeshare. For instance, a person who has all their weeks in the bank, hasn't used their timeshare in years, etc. pays $700 in maintenance fees and $140 to RCI is saving $840 per year by getting rid of their ownership. But, that same person if they use the timeshare to it's full capability should keep the property and use it for their enjoyment. Timeshares have never been an investment property and those people who believe they are have simply been lying to themselves.

I will gladly work with you if you have questions about our company, you can use a blog all you want to but chances are your not getting fully correct information. Email me directly at jeffbrown@sumdayvacations.com should you need any assistance.