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Lisa Ann Schreier

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The Word From The Timeshare Crusader
General Finance
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Clermont, Florida, United States
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SINK (Single Income, No Kids)
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Latest Blog Posts

I read a review yesterday for a timeshare property that was written by one of those self-proclaimed “Mommy Bloggers.”  You’ve seen them, right?  The travel industry in particular is falling all over themselves to provide free stuff to these moms with a keyboard who seem to think that anyone cares. I digress. Anyway, this particular review went on and on about how wonderful this timeshare resort was and all the wonderful amenities they ...
Posted: Apr 18 2019 @ 9:07 AM
There are some good reasons to purchase a timeshare. However, these are contracts in perpetuity for many thousands of dollars that should not be entered into lightly. What happens when you purchase a timeshare without asking the right questions and not doing research? You decide you want out. And since you did no research getting in, you’re far more likely to fall prey to scammers who take your money and promise ...
Posted: Apr 12 2019 @ 10:15 AM
It looks as if Florida HB 435 will not pass as was proposed, which is a good thing in my opinion. The bill covered many topics and many of them had to do with the so-called timeshare exit companies which have become a very lucrative business. By one estimate, one of these companies grossed over $50 million last year. That represents a lot of people who want out of their timeshare. The ...
Posted: Apr 08 2019 @ 12:32 PM
If you’ve been paying attention over the past few days, you’ve undoubtedly seen the stories of elderly people being ahem, persuaded, to buy far more timeshare than anyone, much less elderly people, could possibly use.There’s this story about a couple with $150,000 worth of timeshare:https://www.yahoo.com/news/company-convinces-arizona-couple-nearly-170102072.html?.tsrc=fauxdalAnd this story of an 88 year old man with $250,000 worth of timeshare:https://www.consumeraffairs.com/amp/news/diamond-resorts-still-cant-explain-why-it-sold-250000-worth-of-timeshare-points-to-an-88-year-old-032919.html?__twitter_impression=trueI use the word “worth” as it refers to how much the developer ...
Posted: Apr 02 2019 @ 10:43 AM
Merriam Webster defines ‘comprised of’ as ‘to be made up of.’  So, you’d think that as a timeshare owner, you would have certainly heard of an organization that is comprised of one million plus owners just like you. You’d be wrong. Welcome to the spin zone that’s timeshare. Read on. Chances are you’ve seen a line item on your annual maintenance fee bill of between $3 and $10, although I’ve heard from ...
Posted: Mar 18 2019 @ 1:24 PM
I’ve previously written about the pending legislation in both Florida and Arizona. In the case of the pending legislation in Arizona, I’ve quoted Don Issacson who is a lobbyist for ARDA as saying, “The state should not step in to protect people who didn’t bother to understand the nature of the deal.”  He continued, “You are buying real estate, you are buying it as an adult. You read the documents and ...
Posted: Mar 11 2019 @ 9:22 AM
This is HUGE news. Things are getting quite interesting in Arizona, which while not quite the hotbed of timeshare activity that Florida is, is still an important state. House Bill 2639 which has already passed  UNANIMOUSLY out of the House Committee on Regulatory Affairs contains some major points. Among them:>It would make it possible for people who buy a timeshare and keep it for at least ten years to simply walk away ...
Posted: Mar 01 2019 @ 9:56 AM
Look at these listings, the first page of many, that I found on a timeshare broker’s site for Wyndham points at their Bonnet Creek property. POINTS    PRICE400,000  $48,500 154,000   $1,900126,000    $17,000105,000    $11,000189,000     $21,000 64,000      $12,000 84,000       $10,352320,000     $21,900 84,000      $152,258126,000      $8,500105,000      $10,500168,000      $11,281105,000      $8,600128,000      $15,832 84,000       $12,277.70511,000   ...
Posted: Feb 13 2019 @ 12:38 PM
The people who run the very large timeshare industry in Florida have proposed some significant changes to the existing laws as they pertain to the so-called timeshare exit companies. You can read the entire proposed bill here:  http://m.flsenate.gov/session/bill/2019/435/billtext/filed/pdfNow while I agree that consumers are being ripped off at an alarming rate by the vast majority of these firms, some, if not most of the proposals being put forth are laughable. If ...
Posted: Feb 08 2019 @ 11:42 AM
The United States Virgin Islands won't have a timeshare amendment added to the books this year, after newly elected Governor Albert Bryan took a strong, independent stance and vetoed Timeshare Bill 32-0351. The American Resort Development Association (ARDA), the industry trade group of developers in the United States, drafted what it called a new set of "model laws" that would take recent changes in the industry into account. What were those ...
Posted: Feb 01 2019 @ 2:12 PM


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