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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

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
As if last week’s post of common lies, I mean misrepresentations, told at a timeshare sales session wasn’t enough, here’s a recap of an email I received:Here is a list of some of the lies we were told:>They said we would own property that wouldn’t depreciate and we could use it as a tax write off>They said there was a resale department that we could use if we ever wanted to ...
Posted: Jan 29 2019 @ 11:24 AM
This is reprinted from my most recent article I wrote for SeniorNews.comIf you’ve ever sat through a timeshare sales pitch, you know that they can be high pressure. The sales staff has been trained to do one thing and one thing only—-influence you to purchase on the spot. Because of that high pressure, these sales pitches can be laced with, ahem, some misrepresentations. Here are the most common things that ...
Posted: Jan 25 2019 @ 12:06 PM
Effective January 19th, Disney Vacation Club is implementing some changes, joining many other developers in placing some rather stringent usage restrictions on resale purchases. In short, here’s what’s changing;>Resale contracts purchased for the original 14 resorts at Walt Disney World, Disneyland, and 3 stand-alone locations will only be able to use their points at those 14 existing resorts>Buyers who purchase a resale of Disney’s Riviera Resort or Reflections – A Disney Lakeside ...
Posted: Jan 15 2019 @ 1:35 PM
Another reason to not purchase a timeshare or related product outside of the US and to carefully read and understand the rescission clause:So still fighting with my credit card company trying to reverse a charge from a meeting at a time share in the Dominican.   Again we were pressured into signing something and after 24 hours went back and issued them a cancelation letter but they are keeping fees ...
Posted: Jan 14 2019 @ 10:42 AM
It’s 2019 and timeshare resorts are still using high pressure and antiquated marketing strategies that just don’t work. Here’s a case in point from an owner who checked into her home resort last week.“I was immediately accosted about an update when I checked in.  I refused.  The concierge ASSURED me there would be no sales talk, and no hard sell, and  "it only takes an hour."I continued to refuse, and ...
Posted: Jan 08 2019 @ 10:28 AM
For my last blog post of 2018, I’d like to talk about holding people responsible for their actions. Part of this is directed at consumers. It’s long past time to stop blaming timeshare salespeople for supposedly keeping you in a four hour sales pitch, “making” you buy something or holding your credit card and drivers license hostage. While these horrible practices are still widely employed, they can be easily stopped by consumers ...
Posted: Dec 28 2018 @ 2:38 PM
After an 18 month investigation into timeshare practices in South Africa, the National Consumer Commission has released its report, containing their recommendations for what they call ‘a broken industry.’  Here’s a link to an article which sums up the investigation. It’s well worth your time:  https://businesstech.co.za/news/business/289698/5-big-changes-proposed-for-south-africas-broken-timeshare-industry/Among the recommendations:The practice of enticing or seducing consumers through purported freebies e.g. holiday vouchers, motor vehicles, free flights and similar items should be discontinuedAll ...
Posted: Dec 10 2018 @ 12:44 PM


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