Vacation Ventures OFFERS usage of their many timeshares for their assistance in transferring the property from the Clients name into theirs. The benefits to the client are: not being locked into 1 specific property, no longer locked into a specific week, no longer paying monthly, quarterly, yearly or bi yearly maintenance fees, no longer paying property taxes, free of purchasing points, not having to worry about anyone in their family having to assume responsibility for the property after they pass and many more. The benefits of getting out from underneath a timeshare truly out weight the upfront cost. The fee you pay to Vacation Ventures realistically only pays for the transfer of the property from the client to Vacation Ventures. The majority of Vacation Ventures revenue is acquired through rentals not the initial sale of services. I really wish people would know and understand the facts prior to posting complaints. Vacation Ventures is not a scam, they have over 2000 transfers made from clients and well over that in the transfer process. When complaints are made to the BBB, AG, or The Dept of Agriculture, for no reason other than the transfer is taking longer than they expect it should slows the process down for everyone. That means someone has to stop working on the transfer they are currently working on and start working on a different one. Zamudio, in reference to your complaint above; it is clearly stated in your contract with Vacation Ventures that the client is responsible for making payments to the timeshare property themselves and after doing so should submit proof of payment to Vacation Ventures for reimbursement. Unless during the initial sale, special arrangements were made with the client to send Vacation Ventures their maintenance fee bill and Vacation Ventures would pay the property directly (this would be hand written in on your VVL contract) you must pay the timeshare and submit proof of payment for reimbursement. My advice is to get a grip, if you're not even a client of Vacation Ventures why are you filing not only one complaint, but three that I am aware of? As you stated in your complaint you didn't even stay for the presentation, not only are you wasting your own time, but you've wasted the AG of MO and the BBB's time as well and not to mention the time it took from Vacation Ventures actual clients so that someone may respond to your complaints. Not once does anyone at Vacation Ventures ever offer a check for your timeshare, not when you initially call into the answering service or when you receive a call from the Vacation Ventures office, nor does any other company for that matter. You are told they will make an offer. If you honestly think someone is going to offer you money for your timeshare, take a look at ebay and see how little PRIVATE sellers are getting for their timeshares, only pennies. You can most definitely deed your week and unit back to the property -A) Only if they offer it, most point based systems do not and a lot of the others do not either, and B it's not free, they will charge you at the highest rate for their lawyer fees, escrow fees, transfer fees and any other fees they may throw in, all typically amounting to more than Vacation Ventures offers their services for. The biggest misconception in this area is that people assume that a transfer is as easy as changing the name in a computer or file, this is so far from correct, original deeds have to be obtained from the county clerk, deeds have to be rewritten etc… The only other complaint I would like to touch on is from the original post "DURING THEIR PRESENTATION THE PRESENTER STATED THAT A TIMESHARE OWNER'S DEPENDENTS AND DECENDENTS WILL BE LIABLE IN PERPETUITY FOR THE MAINTENANCE FEES" This is Clearly stated in your Timeshare deed/title/contract. I cannot quote your documents as I don’t know which TS you have, but if you read through you will find a line showing that statement to be true.
The only scam you were sucked into was purchasing the timeshare in the first place. At a majority of properties you can rent the week you "own" at a lesser rate than your maintenance fees alone total for the year. As I know that you are aware you are responsible for your payment whether you decide to use it or not. Every year you pay have to pay for a vacation that you may or may not use. I’m assuming that since you looked into transferring these pieces of paper (let’s face it, that’s all you truly own) out of your name, you have realized how ridiculous timeshares purchases really are. |