Timeshare Closing Group Blog

Do Not Become a Victim of a Scam

Has someone contacted you indicating they have a buyer waiting? Has someone told you that they work with TCSG and/or TCSG and requesting you send a money pack or money through a wire service? Timeshare Closing Group, LLC. has worked hard to establish a reputation for credibility and fair and honest dealings.  There is a significant number of unscrupulous “resellers” claiming to…read more →

Timeshare Transfer Options

The Timeshare Industry is constantly on the watch for deceptive and unethical business practice.  Seemingly every ethical pocket of the industry that provides honest assistance to owners, often becomes the focal point of unethical or deceptive companies looking to take advantage of customers.  Unethical companies often mimicking the successful business plan of legitimate companies, while preying on the customers through unethical solicitation and…read more →

Frequently Asked Questions About Buying a Timeshare on the Resale Market

What is a timeshare resale? A time share resale is simply a timeshare villa (either a week, interval, or points), which is being sold by the current owner rather than by the resort.  In most cases the owner purchased it directly from the resort at a much higher price than the asking price on the resale market. What is the…read more →

Selling a Timeshare? Florida Might Have Your Back

They sing a popular song in the south that goes…  In Birmingham, they love the governor…, timeshare owners looking to sell their unit should just substitute Tallahassee.  Specifically they should love the Governor of Florida, Rick Scott.  Earlier this month, Florida’s new Timeshare Resale Accountability Act went into effect.  The law specifically regulates sales in Florida and while it doesn’t…read more →

Required Reading: The Timeshare Resort Public Offering Statement

Let me paint a picture that is a snapshot of nearly every resort purchase experience. You’re on vacation, you show up for a presentation, at the end of two hours you reluctantly say yes, and two hours after that you rushed to sign paperwork because the kids are ready to go and you’re late for dinner. Somewhere in those final…read more →

Choosing a Reputable Resale Broker

The Timeshare resale market is by no means a new wrinkle to the global timeshare sales world.  The Timeshare industry projects sales for 2012 to exceed $8 billion dollars in U.S. sales alone.  While a small percentage of that figure is made up of timeshare resales, that percentage continues to grow yearly as the timeshare owners become more savvy to…read more →

Consumer Warning

Recently in New Jersey, nine people were arrested for their alleged roles in a $2.4 million mail fraud conspiracy involving time share mortgages. You can review the entire Department of Justice press release to the right. The mail fraud arrests actually total 16 people, as seven others outside of New Jersey were also charged in the conspiracy and will have…read more →

Special Assessments

A special assessment is a bill that timeshare owners receive from the Resort Developer or Home Owners Association for shared property expenses that are not part of the normal operating HOA budget. This fee is paid in addition to annual maintenance fees and is not covered by the reserve fund maintained by the HOA and funded by the ownership base….read more →