Page 6 - Time Share News Today

Gilfoyl, from fox news, may be brought in to replace sean spicer. >> its lard hard to say. theres a published account with her sort of knocking that story down. weve reported a couple of days ago that shes been in the discussion. the other possibility if sean is replaced -- and again, we dont know that that is definitely going to happen. we dont even know if it will happen at all. but another potential scenario is sarah huckabee-sanders, his deputy, who did a pretty serviceable job at the podium...

There and we would lower it, inmates would climb down that scaffold and we would line them up on this road, about 6,000. probably the largest mass movement, obviously, of inmates in the country. we would put the boats in the water right down here under this overpass and run them around here. meanwhile, the folks on top, first they threw stuff at us. thats one of the things they threw off that bridge at us, its still right here, do you remember that? thats a spear. >> transported by boat and then...

Make sure you understand what costs are involved, maintenance fees, things of that nature. also, ask if there is an owners club or some type of an association, almost like a homeowners association, because what it does, it lends credibility and protects you as a time-share owner. by the way, dont get hustled by a slick salesperson -- i mean no disrespect -- because when youre buying this, make sure they explain to you exactly what youre buying and explain to you all the costs. make sure theres n...

Thanks for joining us. im bob massi, your property man. about 8% of all u.s. households own time-shares, and the industry generated more than $70 billion last year alone, and it continues to grow. now, a time-share is a piece of property for which you own a specific amount of time, usually one week per year, and you use it as your vacation home. if youre thinking about buying one, well, im gonna give you some of the dos and donts and take you inside the latest project, from time-share giant west...

Mountains, and they would use them a few weeks a year. and then they would pay the maintenance and taxes for the whole year. time-share -- its like an airline ticket. you dont buy the whole plane. you buy a seat. you can go anywhere in the world at any time and stay as long as you want or the least amount of time you want. and when you leave, you let someone else worry about it. >> mr. siegel, what do you envision in the future for this hotel? >> were not gonna have the wealthy people staying he...

Of people had beach front homes and condominiums in the mountains and they would use them a few weeks a year. and then they would pay the maintenance and taxes for the whole year. time-share is like an airline ticket. you dont buy the whole plane. you buy a seat. you can go anywhere in the world at any time and stay as long as you want or the least amount of time you want. and when you leave, you let someone else worry about it. >> what do you envision in the future for this hotel? >> we are not...

Understand it. make sure you understand the t of the contract. it is a long-term commitment. make sure you understand what costs are involved, maintenance fees, things of that nature. also, ask if there is an owners club or some type of an association almost like a homeowners association. because what it does, it lends credibility and protects you as time-share owner. by the way, dont get hustled by a slick salesperson. i mean no disrespect because when you are buying this make sure they explain...

Do with it? he says im going time-share it. i said whats that. he explain the concept to me. i fell in love with the concept. i didnt sell the property and i decided to do it myself. >> did you know what a time-share was at that time. >> no, sir no. i built 16 villas in the back of the orange grove. >> those 16 villas turned into the largest time-share company in the world. two decades later his time-share empire was still standing n. 2004, david and his wife jackie decided to take on another pr...

People who walked away from their home or more importantly filed bankruptcy and discharged the debt but they never realized the home was never transferred out of their name. thats the big issue in america today. the lenders are starting to move on that now because they recognize people cant rebuild their own dreams and get new homes and at the same time they cant sell the home. it also talks about like i interviewed david siegel who basically is the largest time share owner in the world. he boug...

Out for. one of the things is watch the ha sell. sometimes -- no disrespect to the men and women who share time share, they put herds of people into a room and they just hammer them for hours. and by the end, they put this contract in front of them and theyre signing it and saying what did i just sign here? thats why, steve, in most states theres a cooling off period where you could sign it but you have to right to resnd because of the high pressure sales. there is closing costs, what kind of as...