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Post Card Companies (PCCs)

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  • Post Card Companies (PCCs)

    On my way to the golf course at dark-thirty this morning, I had an epiphany.

    This is a realignment of an opinion to align it with other realigned opinions concerning timesharing.

    As long as a Post Card Company actually does what they say they do, take over ownership of your timeshare and pay the maintenance fee, what's so bad about that/them?

    Since the legitimate industry has not provided for the inevitable exit nearly all owners will want to make, and since there is such a glut of resale timeshares, and since most of them have a market value of zero, or less, it is actually very commendale of a company to be virtually the only way out.

    What they charge, or what someone is willing to pay to get rid of an albatross (2. A source of frustration; an encumbrance), is between the two parties, whatever the market will bear.

    Who else/where else/how else can you do get rid of one?
    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

  • #2
    I agree some what, but i differ in the extreme, i don't care if the PCC is paying the MF's or not, if i'm willing to pay upwards of $10,000 to get a TS out of my name and the HOA/POA/BOD are still unwilling to let me deed it back for that.....their lack of business ethics and knowledge deserves them having to foreclose on a 'Viking Ship LLC,' hopefully if this happens enough, they will be thrown off the HOA/POA/BOD and someone with a bit more common sense will join on

    SO IMO, as long as the PCC gets the Deed and contract out of my name, they are valuable and indispensable part of the Timeshare industry and will welcome them with open arms

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    • #3
      I agree that if the PCCs keep up their end of the bargain, there isn't really anything wrong with them. Heck, maybe we should open one up together.

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      • #4
        Are the options not $500 for someone who will not sell it, or whatever for someone to actually take it (hopefully).
        RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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        • #5
          I've actually thought about a mini 'discount pcc' business, specializing in one geographic area - taking that area's various weeks for either one or two years MF's (depending on the color of the week), plus initial transfer fees, and then either selling or renting the units. Don't know if I could break even or not...

          I do agree with posters here and on TUG that make the very valid point that HOAs would do very well to take back units for a similar monetary consideration, and then give them to folks who want to use them going forward.

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          • #6
            Originally posted by jophesgo
            I've actually thought about a mini 'discount pcc' business, specializing in one geographic area - taking that area's various weeks for either one or two years MF's (depending on the color of the week), plus initial transfer fees, and then either selling or renting the units. Don't know if I could break even or not...

            I do agree with posters here and on TUG that make the very valid point that HOAs would do very well to take back units for a similar monetary consideration, and then give them to folks who want to use them going forward.
            Wow! Folks over yonder are saying what I'm saying here? Surreal.

            As far as your plan, as some are suggesting, start an LLC for less than a hundred bucks, title them all to it, and walk away if things don't work out.

            Not thinking about exit strategy when we did it, we have a couple weeks in our LLC.

            & yeah, HOAs taking them back would be a lot smarter of them than fighting LLCs, I would think.

            But what would I know?
            RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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            • #7
              So what IS the deal with you and Denise???

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              • #8
                Me?

                If had a deal with Denise would I probably know it?

                Denise who?
                RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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                • #9
                  I think we should have an instructional thread on how to easily form an LLC, if we could get everyone on the forum to each put their timeshares into an LLC it could eliminate the problem of 'never being able to get out'

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                  • #10
                    Originally posted by JLB
                    Me?

                    If had a deal with Denise would I probably know it?

                    Denise who?
                    OK - so then what is the deal with you and BRIAN?

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                    • #11
                      And Ride, Denise is right that if the only reason for transfering title into the LLC's is to then subsequently abandon them, it is in fact fraud for which you can be sent to Sing Sing.

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                      • #12
                        Originally posted by jophesgo
                        And Ride, Denise is right that if the only reason for transfering title into the LLC's is to then subsequently abandon them, it is in fact fraud for which you can be sent to Sing Sing.
                        Even if you have the TS in the LLC for 30 years and pay the MF's before you abandon it?

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                        • #13
                          Probably not... But not all of us are as young as you are. I have decided to give away three weeks so as to only have to deal with three others. My son won't let me give one of those away as he wants the beachfront week even before I'm gone.

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                          • #14
                            Originally posted by jophesgo
                            OK - so then what is the deal with you and BRIAN?
                            I've been polite enough to not "go there" for 5 years now, and don't plan to change. If some of his'n still wish to badmouth me, which I've heard they do from time to time, and that is allowed to stay posted, that's up to him/them.

                            Five years should be long enough for even the most stubborn to let go of stuff.

                            I haven't ever seen how hate ends up good.

                            doncha think
                            RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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                            • #15
                              Yes - I've been there for less than a year, and if there were discreet or not so discreet comments about you in that period, I haven't recognized them for what they are/were.

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