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Givebacktimeshare.com

myself

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Has anyone ever heard of or dealt with this company? They are based in Orlando FL. They want timeshare owner to pay them to transfer title of ownership. BBB accredited however I still have apprehension about going forward because everything I read says "don't pay up front"!!
Any help appreciated! Thanks
 
Has anyone ever heard of or dealt with this company? They are based in Orlando FL. They want timeshare owner to pay them to transfer title of ownership. BBB accredited however I still have apprehension about going forward because everything I read says "don't pay up front"!!
Any help appreciated! Thanks

How did you find them or did they find YOU? If they found you it is a no go

When do you pay for the title transfer? UPFRONT then don't do it.

BBB I have read means very little with this type of business
 
If they haven't been in 'business' very long, there hasn't been enough time for negative BBB reports to be registered. No report means nothing. What these outfits do is have owners like you deed their timeshares to them- along with substantial money, then (the scrupulous ones) attempt to deed the weeks back to the resort. Those that don't accept are put into a 'viking ship' and it disappears. The operators change names and start over. The other owners at the resort are left paying MFs of units they can't sell because they are waiting and paying legal fees through foreclosure until they can be resold.

If you want to rid yourself of your timeshare, read the stickies at the top of this section. If you join TUG and think your timeshare is worth selling, you can list it in the Marketplace (red stripe above), or to sell cheap or give away, just list it in the 'Bargain Deals' above for under $100, following the basic information, Resort name, size, week or season, MFs, etc. To sweeten the pot and assure it will sell, book a holiday or summer week with the resort and include it with the sale.

Best wishes, and welcome to TUG.

Jim Ricks
 
Site looks ok.

How did you find them or did they find YOU? If they found you it is a no go

When do you pay for the title transfer? UPFRONT then don't do it.

BBB I have read means very little with this type of business

Everything seems legit on their site...they are pretty straightforward...here is their FAQ:

Q: Can I really get out of my timeshare without any further obligations?





A: YES! We let our success speak for itself. You are not alone. Our affiliated companies have assisted thousands of timeshare owners from this dilemma over the past six years, giving us the expertise and credibility needed to ensure you will find the solution you are seeking. Not to mention we Guarantee results. Closing is simple. We have partnered with a licensed, insured, underwritten and bonded title company, Timeshare Closing Services, Inc. of Orlando, FL. Timeshare Closing Services, Inc. has been handling timeshare closings for a decade and it is the largest and most respected timeshare closing company in the industry. Timeshare Closing Services, Inc. will handle the mechanics of transfer of your timeshare to ensure you are free of any future liability.

Just like you, thousands of others are looking for a quick resolution forever alleviating them from this dilemma. Please keep in mind that sometimes purchasing a timeshare is NOT a real estate investment or perhaps it has just used up its purpose. Your Timeshare is a luxury vacation property that decreases in value on a daily basis while liability for maintenance fees and taxes continue to rise on an annual basis. Sure, some developments within a resort family like Disney Vacation Club retain value. However, the vast majority of timeshares are almost impossible to sell on the secondary market and the longer you wait the more you chase the value of a depreciating asset.

Ask questions and make sure you are dealing with people that have a proven track record. We and our affiliates are those people. We guarantee it.





Q: What does it mean to “qualify”?





A: We do not make any false promises or mislead you. We give it to you straight. The companies with whom we work have interest in certain properties and not others. In addition, they only work with companies like ours, not the general public, to acquire certain properties in bulk. If your unit meets their criteria (i.e. qualifies), we will pay all costs of transfer on your behalf and provide our service free of charge. The timeshare marketplace is rapidly changing, therefore the list of timeshares that we can inventory also changes frequently so you have to contact us now to avoid the possibility of paying yet another maintenance fee bill. Contact us to receive an honest evaluation of your property. Even if your resort does not qualify for the free service available, our consultants will provide you with the direction and solution that other companies cannot and will not provide free of charge, so please contact us now…there is no obligation and our service is 100% guaranteed.





Q: Does your company charge an upfront fee with a promise to sell our property?





A: No. We are not a listing company that promises to sell your property at unrealistic “ballooned” prices. We do not make false promises that the market is “hot” and there are buyers waiting for your properties. Timeshare is a luxury item that depreciates in value while increasing liability (fees) on an annual basis.





Q: Does my timeshare have any value?





A: If you and your family are using your timeshare on an annual basis, then yes, your timeshare has value to you. If you are not using your timeshare you are only paying for something year after year that you get no value in return for. Sure, some weeks within a resort development such as Marriott and Hilton Vacation Club can potentially retain value on the resale market. However, the vast majority of timeshares are almost impossible to sell on the secondary market and the longer you wait the more you chase the value of a depreciating asset. When you factor in the additional costs of annual membership and booking fees for exchange clubs such as RCI and Interval International, the cost to maintain the timeshare will cost you an average of $9000 over the next ten years.





Q: Who handles all the paperwork and transfer with the resort?





A: Once you have agreed to move forward with our offer, we submit all paperwork to Timeshare Closing Services, Inc. of Orlando, FL, a licensed, bonded, underwritten and insured full service title agency to professionally handle your transfer. Since being incorporated in 1999, they are the original timeshare title and escrow agency specializing in timeshare closings.





Q: How long does the entire process take?





A: From the date of your agreement with GivebackTimeshare.com, you will receive your closing paperwork within 7-10 business days. Once these documents are properly executed and notarized and returned to the Title Company, the Deed is sent to the County Recorder for recordation of the Deed Once the Deed is returned from the county, the recorded Deed is then forwarded to the resort along with any applicable resort transfer fees for acknowledgment of transfer. On average, the entire process takes 8-12 weeks. Please note that some transfer times may vary based on the location of your property and resort transfer requirements.





Q: Do I have to notify the resort that I am no longer the owner?





A: No, this is part of our service. Once Timeshare Closing Services records the Deed or receives your executed Membership Transfer Paperwork, they will forward this information to your home resort for acknowledgement of transfer along with any pertinent documents and resort transfer fees. Thereafter, you will receive a copy of same in the mail for your records.





Q: What if I have an existing reservation for the current and following year?





A: That is ok, however you are responsible for all Maintenance fees, Taxes, Assessments billed (whether billed annually, semi-annually, quarterly or monthly) for all weeks/points that have been used or banked related to that use year.





Q: When can I stop making maintenance and tax payments?





A: Depending on the date of your agreement with GBT and if your fees are billed annually, you may be able to stop paying fees IMMEDIATELY. If your fees are billed monthly, quarterly, or semi-annually, your Executive Consultant will discuss several different options that apply to your ownership and answer any further questions you may have regarding this process.





Q: What if I have an outstanding mortgage on my property?





A: Even if you have an outstanding mortgage we can still help. We strongly recommend that clients with existing mortgages call us toll-free at 1-888-572-6175 If you are unable to call, please fill out the form above and one of our executive consultants will contact you directly.





Q: What if I owe back maintenance and tax fees on my timeshare?





A: We still may be able to help, however GBT requires that all Maintenance fees, Special Assessments, and Taxes billed relating to the Timeshare(s) are already paid for the previous and current use year. GBT will be responsible for all future Fees pursuant to the terms outlined in our agreement. Please contact one of our consultants directly @ 1-888-572-6175 if you are not current with your maintenance and tax payments.





Q: How do I get started?





A: It’s very easy and risk free. You can simply fill out the inquiry form requesting the necessary information about your timeshare or contact one of our consultants directly toll-free @ 1-888-572-6175.
 
One Of Many Personalities

Compare the FAQs from Give Back Timeshare's website with the FAQs of the following websites:

timeshareluxury dot com

timeshareout dot com

timesharerelief dot com

Notice anything peculiar or interesting? If you noticed what I noticed, then that should tell you something about give back timeshare.
 
Another group that will end up charging you BIG to "be free" of your timeshare. Far better (and MUCH cheaper) to give it away yourself or, if for some reason you can't, simply let go to default yourself as that is all most of these group do anyway. Why pay them to do what you can do yourself?

Avoid them all. They are not to be trusted in any way.
 
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