The Timeshare Law Firm

  It’s a Simple calculation, but very important for consumers to know that “ownership” of a timeshare can be 5 to 10 times more expensive. We have seen owners who are paying more than that and don’t realize how expensive it is until it is too late. So, we created a tool for you to find the true cost quickly. Simply add up (or estimate) your mortgage payments for 10 years of payments then add in 10 years of maintenance fees (because they go up, resort fees often average 1.5 of the original fee times 10 years)   10 years of all mortgage payments + all maintenance fees = about $ ____K   Estimate other costs, like Down Payments, Fees (like RCI dues or other booking related fees) paid over 10 years and then add them to the cost above for a  GRAND TOTAL COST = $____k   1 week =  6 nights x how many nights actually booked over 10 years =  ­­­­________ nights (Estimate future years based on past results)   Rough Cost  of the rooms actually booked in ...

  The timeshare industry has long been known for its aggressive sales tactics and outdated model. Despite this reputation, a recent report claims that the average age of today’s timeshare owner is a surprising 39 years old. But is this really a sign of a rejuvenated industry, or just clever marketing spin? We reported last year how the timeshare pitch claimed to be a hedge against inflation, despite being more in the long run then just booking the hotel room online. Marriot is now claiming to “embark on a multi-year imitative” they call Vacation Next. The goal is to appeal to Gen-Z before they have a chance to learn what the Timeshare industry  really  is. One of the biggest misconceptions about timeshares is that they are cost-effective in the long-term. While it may be said by sales reps that owning a timeshare can save money on booking rooms in better hotels with more space than a traditional hotel room, these benefits (even if they are true) are far outweighed by the ...