Timeshare Income Inc

Has anyone heard of this co or had dealings with them? Thank you midchris@yahoo.com

christinek150 wrote:

Has anyone heard of this co or had dealings with them? Thank you midchris@yahoo.com

I have never heard of this company. Did this company phone you out of the blue? That's usually a sign of a scam.

Whatever you do, do not pay any entity a large upfront fee to sell, rent out, or market your timeshare. Do not pay any entity a large upfront fee to "take your timeshare off your hands". Anyone who charges you a large upfront fee is invariably a scam.

This company also contacted me. I was wondering if you found out anything. they want quite a bit of money up front for renting out my timeshare.

sarahb259 wrote:

This company also contacted me. I was wondering if you found out anything. they want quite a bit of money up front for renting out my timeshare.

One more time .... never ever pay any entity an upfront fee to list your timeshare for rent or sale ..... they're all scams .... they'll take your money then you'll never hear from them again.

Has anyone heard of this co or had dealings with them? Thank you motlynn@gmail.com

thomasb426 wrote:

Has anyone heard of this co or had dealings with them? Thank you motlynn@gmail.com

This is the exact same wording from a post just above but has a different e-mail address to which to respond.

The answer is the same to "Christine's" question posted above as it is to this question.

By the way, why are you asking about this company? Did this company contact you with an offer of some sort? Did you stumble across one of its ads?

THIS COMPANY CONTACTED ME WITH AN OFFER THAT SOME ONE WANTS TO PURCHASE OUR TIMESHARE. GOOD OFFER BUT NEEDS ALMOST $1,000 FOR DOCUMENTS UP FRONT BEFORE THEY CAN START THE TRANSACTION. WONDERED IF ANYONE HAS WORKED WITH THEM BEFORE??

One more time .... never ever pay any entity an upfront fee to list your timeshare for rent or sale ..... they're all scams .... they'll take your money then you'll never hear from them again.

THIS IS A SCAM OPERATION

This Company is Wonderfull, The upfront fee was a little high but they sold my timeshare in 10 Days and sold it for more than I paid for it !!!!!!!!!

I recomend this company to anyone who needs out of there property.

I smell a SHILL !!!!

johnm2343 wrote:

This Company is Wonderfull, The upfront fee was a little high but they sold my timeshare in 10 Days and sold it for more than I paid for it !!!!!!!!!

Here is as simple equation that proves this story to be false. In order for a party to sell a timeshare in behalf of someone else, you have to be a licensed real estate broker. Licensed real estate brokers ALWAYS take their commission out of the proceeds of the sale, never upfront.

A timeshare that sold for more than the owner origingally paid for it. Watch out for flying pigs !!!!!!!!!!

What woould any one recomend to some one that wants to sale??? what is the best way to do it?

mariav81 wrote:

What woould any one recomend to some one that wants to sale??? what is the best way to do it?

First and foremost rule that bears repeating is Never, ever pay anyone a large, upfront fee to sell, rent out, market, or "cancel" your timeshare.

Second rule is to get an idea of what your timeshare is worth approximately. Rule of thumb: >90% of the timeshares out there are worth around zero. Don't expect a big payday for the sale of your timeshare. Right now, some can't even be given away.

If it appears that your timeshare has no resale value, then you may just want to advertise that you want to give it away. Here on RedWeek, there's a Bargain section where you can list for a nominal fee.

Timeshare Users Group (aka TUG; tugbbs.com) has a Bargain Deals section where, for free, you can advertise that you want to give your timeshare away. Just follow the instructions at the top of that section. If you think your timeshare has monetary value, use TUG's Marketplace ($15 for up to 25 ads).

Bidshares.com accepts free listings but don't expect a ton of response.

Craigslist is free but make sure you weed out and don't respond to the many spammers and scam artists.

E-bay costs about $70 but your timeshare ad may be buried with an avalanche of other similar ads and the auction may close without garnering any bids.

Once you find someone who wants to buy/accept your timeshare, use a qualified closing company to complete the paperwork. JRA Services (timeshareresaleclosings.com) comes highly recommended for about $275. If no money is involved in the sale, then legaltimesharetransfers.com comes recommended for about $150.

Thank you this is a good start. this information is going to help me to get started. Have you heard or recommend the third party that Redweek reconmends to use if you want to sell.

To Johnm2343, just curious, you mentioned this company sold the timeshare in ten days, how did that pan out. Has everything been transfered etc and $ come through. It is rare to find a company that does sell the timeshare and come through with what they say especially when you pay a upfront fee.

mariav81 wrote:

Have you heard or recommend the third party that Redweek reconmends to use if you want to sell.

That third party, First American Title charges about $300 for closing costs. They are legal and will do the job. Just click on "Sell or Rent Your Timeshare" in the green bar above. It should navigate you to First American. Just remember, that $300 only covers the closing. You still have to do the work to find a buyer/taker and agree upon a price.

johnm2343 wrote:

I recomend this company to anyone who needs out of there property.

Leery about listing to sell. How much and how long did it take you to sell your timeshare.