Q. What makes your company different than all the other companies that I get calls from that offer me to market or even to sell my vacation ownership during a sales presentation for thousands of dollars?
A. There is no resale market and no offers for thousands of dollars to purchase your timeshare for more than what you paid for it. I am sure you have heard the salespeople making the same offer countless times. You pay and get nothing in return. Look on any auction or advertising website. there are tons of properties up for sale and no one is buying them!
Q. I have paid off my timeshare and cannot use it anymore and my kids tell me they don't want it.
A. This property is deeded so it will be inherited by your children so then it will become their financial burden. Your children will have to go to probate and pay thousands in lawyer fees just to get the property into their name, which was a property they did not even want to begin with. Once they title the property into your children’s name it is now their responsibility.
Q. What does Resort Bailout have to offer me? I already paid over $1,000 in up-front listing fees to try and get rid of my timeshare?
A. Resort Bailout is NOT a listing company. We DO NOT offer financing for timeshares, DO NOT offer to rent your timeshares, DO NOT advertise your timeshare for sale to potential buyers for thousands of dollars more than what you paid for your timeshare. What WE DO offer is a licensed, bonded and insured title company to transfer the timeshare property out of your name!
Q. How do you get the timeshare out of my name?
A. Resort Bailout has a third party title company that transfers all of the properties. They are all transferred legally according to the requirements of the state where your property is located. If you own a membership, we will follow the requirements of the resort in order to get everything completed in a timely and efficient manner.
Q. What does Resort Bailout do with the timeshare once it is out of our name?
A. We do not take them to sell or to rent. Resort Bailout does not want your timeshare! We do assist our clients in getting out of the contracts that they have with their resorts and offer them the reality to no longer own a timeshare!
Q. Who will be paying my future maintenance fees on my timeshare?
A. Resort Bailout will assume all future maintenance fees once your timeshare ownership has been transferred. This includes all future maintenance fees, taxes, special assessments and all fees that come along with the ownership of your timeshare. Remember, once you begin the process of transfer of ownership, you are NO LONGER responsible for your timeshare!
Q. I have a pending reservation and banked weeks what happens with those?
A. Resort Bailout will only be taking on the future weeks, anything that you have already paid fees on or have reservations for are yours to keep!
Q. Who would qualify for the services that Resort Bailout is offering?
- Owners whose timeshare is already paid off and are no longer using their properties
- Owners whose children do not want to continue the ownership of the timeshare
- Owners who have repeatedly tried to sell, list or rent their timeshares and have had no success
- Owners who have realized that vacationing is a lot cheaper without having the obligation of a timeshare
- Owners who can no longer use the exchange companies to trade their weeks because there is no availability
- Owners who have been billed with inflated Special Assessment fees for a timeshare they no longer use
- Owners that do not use the timeshare enough to justify the annual expenses that comes with ownership