Apex Professionals Releases Comments on ABC News' Coverage of Timeshare Scams
After years of complaints against the news and media for not running more stories about the "deep dark secrets" of the timeshare industry, Apex Professionals recognizes ABC News recent story as a step in the right direction.
Orlando, FL, January 24, 2009 --(PR.com)-- abcnews.go.com/Video/playerIndex
After years of complaints against the news and media for not running more stories about the "deep dark secrets" of the timeshare industry, Apex Professionals recognizes ABC News' recent story as a step in the right direction.
Apex Professionals, LLC, a company that helps timeshare owners get of their contracts, has being trying to get news coverage on the rapidly decaying timeshare industry for years. Recently ABC News ran a story revealing the very real and very distressing truths about what is happening in the timeshare industry today.
ABC News reported that some timeshare owners are seeing their maintenance fees more than double in just a few years.
“This unfortunate situation is only accelerating,” remarked one executive of Apex Professionals. “As more and more people start experiencing the financial depression, they think that not paying their maintenance fees is a good way to avoid extra expenses. What they don’t realize is that most resorts won’t just take the property back when an owner doesn’t pay their fees. First they add interest and late fees to the balance, then they send you to collections which can affect your credit, and it is possible that they will file for a default judgment against the owners.” Meanwhile, what happens to the owners who are paying their maintenance fees is that the resorts send out a special assessment to cover the fees that are not being paid. We have seen more examples of this in 2009 than ever before.”
ABC News also reported that many owners are paying real estate agents and listing companies to “list” and “advertising” their timeshares for sale but that owners are not seeing any buyers and are just losing more money.
“Avoiding these “listing” companies is something we have been trying to educate timeshare owners on for years;" remarked and Apex Consultant.
"It’s easy for even savvy consumers to fall for their “pitch” because it sounds so good you want to believe it. The listing companies promise they can sell the timeshare for the same or even more than what the owners bought it for. The reality is, most timeshare owners are lucky if they can sell their timeshares for anything at all.”
“The story ABC News ran was good;” agreed Apex Professionals, “but it was only one tiny step in the right direction and it barely scratched the surface. Very little attention was given to the real problems, such as how hard these contracts really are to get out of and the near impossible reality of today’s resale market. We are hoping the industry gets more exposure so that timeshare owners can finally get the answers they have been looking for and so that more people will avoid this costly money pit."
In the market, Apex Professionals is committed to providing a service that people need.
Personally, Apex Professionals in committed to proving for the needs of people.
You can learn more about Apex Professionals and thier worldwide out reach to bring clean water to children in under developed countries on their company website.
Apex Professionals is a company that saves unhappy timeshare owners from increased maintenance fees and assessments by making offers to immediately take over their timeshares. For more information on Apex Professionals’ Fast and Immediate Solution, contact them directly at the information below.
Corporate and Mailing Address
Apex Professionals, LLC 200 S. Virginia Street 8th Floor, Reno, NV 89501. Toll Free 1-866-950-5713
apexprofessionalsllc.com
###
After years of complaints against the news and media for not running more stories about the "deep dark secrets" of the timeshare industry, Apex Professionals recognizes ABC News' recent story as a step in the right direction.
Apex Professionals, LLC, a company that helps timeshare owners get of their contracts, has being trying to get news coverage on the rapidly decaying timeshare industry for years. Recently ABC News ran a story revealing the very real and very distressing truths about what is happening in the timeshare industry today.
ABC News reported that some timeshare owners are seeing their maintenance fees more than double in just a few years.
“This unfortunate situation is only accelerating,” remarked one executive of Apex Professionals. “As more and more people start experiencing the financial depression, they think that not paying their maintenance fees is a good way to avoid extra expenses. What they don’t realize is that most resorts won’t just take the property back when an owner doesn’t pay their fees. First they add interest and late fees to the balance, then they send you to collections which can affect your credit, and it is possible that they will file for a default judgment against the owners.” Meanwhile, what happens to the owners who are paying their maintenance fees is that the resorts send out a special assessment to cover the fees that are not being paid. We have seen more examples of this in 2009 than ever before.”
ABC News also reported that many owners are paying real estate agents and listing companies to “list” and “advertising” their timeshares for sale but that owners are not seeing any buyers and are just losing more money.
“Avoiding these “listing” companies is something we have been trying to educate timeshare owners on for years;" remarked and Apex Consultant.
"It’s easy for even savvy consumers to fall for their “pitch” because it sounds so good you want to believe it. The listing companies promise they can sell the timeshare for the same or even more than what the owners bought it for. The reality is, most timeshare owners are lucky if they can sell their timeshares for anything at all.”
“The story ABC News ran was good;” agreed Apex Professionals, “but it was only one tiny step in the right direction and it barely scratched the surface. Very little attention was given to the real problems, such as how hard these contracts really are to get out of and the near impossible reality of today’s resale market. We are hoping the industry gets more exposure so that timeshare owners can finally get the answers they have been looking for and so that more people will avoid this costly money pit."
In the market, Apex Professionals is committed to providing a service that people need.
Personally, Apex Professionals in committed to proving for the needs of people.
You can learn more about Apex Professionals and thier worldwide out reach to bring clean water to children in under developed countries on their company website.
Apex Professionals is a company that saves unhappy timeshare owners from increased maintenance fees and assessments by making offers to immediately take over their timeshares. For more information on Apex Professionals’ Fast and Immediate Solution, contact them directly at the information below.
Corporate and Mailing Address
Apex Professionals, LLC 200 S. Virginia Street 8th Floor, Reno, NV 89501. Toll Free 1-866-950-5713
apexprofessionalsllc.com
###
Contact
Apex Professionals
James Thompson
866-950-5713
apexprofessionalsllc.com
James Thompson
866-950-5713
apexprofessionalsllc.com
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