florida

Legal Expert Asserts Timeshares Still Not an Investment

ORLANDO, Fla., Nov. 1, 2010 /PRNewswire/

CNNMoney.com has often sounded the warning that timeshares are a trap. In one article, Bill Rogers, of Timeshare Users Group, said, "You don't buy a timeshare as an investment. You buy it because you want to use it." The article also reminds us the price of timeshares are grossly inflated 35-45% to cover all the hype that goes into getting people to buy them in the first place. Once timeshare owners realize their mistake and try to sell their property they discover a hard truth - unlike other real estate, timeshares lose value rather than gain it over time.

Florida Attorney Susan Budowski says, "The information reported by CNNMoney.com isn't startling, but the fact that article ran in April of 2002 and still goes unheeded is. Approaching a decade later, the news is worse rather than better. Maintenance dues alone increase on average 8% each year over your lifetime and that doesn't include inevitable assessments along the way. Timeshares are not an investment and it's time to accept it. It's time to consider finding an attorney who specializes in timeshare cancellation and get out at all costs. Wise investors know when to learn their lesson, cut their losses, and stop the bleeding before making matters even worse. Sadly, many timeshare companies continue to misrepresent timeshare purchases as a real estate investment."

Learn more about Ms. Budowski's services for timeshare victims, please visit http://www.mytimeshareattorney.com

About Attorney Budowski
Ms. Budowski is a licensed attorney in Orlando Florida. (considered the timeshare capital of the world) She has been a member of the Florida Bar since May of 2004. She previously worked at the Central Intelligence Agency (CIA)in Langley Virginia where she received multiple Exceptional Performance Awards from high ranking members of the CIA including then CIA Director William Gates, our current Secretary of Defense.

Contact:
Michael Budowski
timeshare@susanbudowski.com
888.265.7900 Tel
http://www.mytimeshareattorney.com