What They Don't Want You Seeing

• U.S. timeshare securitizations will likely see a short-term spike in delinquencies due to the impact of the COVID-19 containment measures. However, we believe the securitizations generally have sufficient liquidity to support senior fees and interest payments.
• Over the longer term, credit could also be negatively affected if unemployment rates continue to rise, bankruptcy filings continue to increase, consumers continue to limit travel, and timeshare borrowers' payment priorities shift to pay down nondiscretionary debt first.

The average annual maintenance fee is $1,000. But the surprise comes when you find out the fees go up every year, often much faster than the normal inflation rate. The latest numbers say the increase averages around 10% a year. So, in hard numbers, your original $1,000 fee could be $2,358 by year ten—a total increase of around 235%!

Friday, April 17, 2020

Author: The Timeshare Authority 

Wyndham Vacation Resorts Inc. and Strand Capital Group have proposed developing a 22-story, 212-unit timeshare resort, as well as a 14,000-square-foot Margaritaville restaurant and bar in downtown Atlanta, Georgia.

Author: Staff Contributor | Topics

Welk Resorts has recently acquired the management contract for The Residence Club at El Corazon de Santa Fe in Santa Fe, New Mexico from Fairmont Hotels & Resorts. This transaction was officially effective on January 1, 2020.

Crown Point Ruidoso, New Mexico

03/13/2020

Sends all owners special assessment for $800!

Vacation Villas Kissimmee, Florida

03/10/2020

Sends all owners 3 different special assessments totaling over $700!

Grand Mayan Vacation Club, Mexico

05/06/2019

Sends all members special assessment for $2,360.66!

With 91% of timeshare owners wanting out, the market is ALL supply and NO demand. There are over 400 timeshares for sale on Ebay alone with no one willing purchase for even one penny, termination the best option.