TIMESHARE SCAMS – ARE EVERY WHERE

Timeshare sales people shout about the opportunity to become an owner of a timeshare resort. Sure, the ability to return year-after-year comes with a certain sense of security; your next vacation is planned.

However, despite the security of a so-called guaranteed vacation, timeshares can be a very expensive propositions with lots of unforeseen restrictions.

That is why some many people cancel timeshare after they buy one. Today everyone is asking the question: Does a timeshare make financial sense?

What Is a Timeshare?

Understanding timeshare ownership; it entails payment of an upfront sum plus yearly maintenance fees.

Depending on the timeshare arrangement, owners either own the rights to a specific, fixed week or the rights to a floating arrangement, where they can visit for a week within a period of time each year.

It’s important to understand that with the wrong sales people both kinds of time-sharing can very easily become a timeshare scam.

Fixed And Floating Timeshare ArrangementsCan Either Be Deeded Or Non-Deeded.

Deeded timeshares are considered real property that can be sold or passed on to the next generation.

Non-deeded or right-to-use timeshares function more like leases, where an owner can use the unit for a specified time period for a number of years.

??? Are Timeshares A Good Investment ???

The Federal Trade Commission warns against buying timeshares as financial investments.

Why? The reason is very simple, the value of a timeshare generally decreases big time the day after purchasing the timeshare.

Additionally, vacation resorts are more desirable when they’re first built, and their facilities and amenities are brand-new; as they age, they become increasingly less desirable. Which is why so many people feel like saying: cancel my timeshare.

Owning A Timeshare Is very much Like Owning A Car – Both Depreciate A Lot The Second You Buy It.

In this way, owning a timeshare is a little bit like owning a car: You may get a lot of use out of it over the course of ten to twenty years, but it won’t be worth much once you try to sell it.

Additionally, there’s no cap on yearly maintenance fees, so the amount you pay every year will increase. After learning this many people want to again say; cancel my timeshare

Look For These Warning Signs To Detect Resale Fraud

Now days’ timeshare scams are targeting timeshare owners who want or need to resell.

Many timeshare owners may decide they can no longer afford their timeshare payments or they may have inherited a timeshare as part of a parent’s estate and don’t want to keep it. That’s where timeshare scams come in.

The Basic “Timeshare Resale Scams” Works Like This:

Scammers target likely sellers of timeshares with the promise that they either have a buyer ready to purchase the timeshare or the assurance that they can sell it.

All you need to do is pay an upfront fee—usually done by a bank wire to cover closing costs, services, taxes, timeshare maintenance or other fees.

Unfortunately, once you wire the money, no sale, rental or purchase and for sure no timeshare cancellation is completed and the scammer disappears with your money.

 Here Are Three Steps To Help You Stay Clear Of Possible Timeshare Resale Fraud.

 1. If It Sounds Too Good To Be True, It Probably Is.
Timeshare Resale scammers often promise they have a buyer who is ready and willing to pay a lot in order to get you to send money. Be cautious; no one can promise a quick sale.

2. Don’t Wire Money, Pay In Cash, Or Send A Money Order, Certified Bank Or Cashier’s Check.
Money sent by these methods is very difficult for law enforcement officials to help you recover. Most of the time, it’s as good as lost and will not bring a timeshare resale.

3. The Unpleasant Fact Is, Most Timeshare Resale And Rental Companies Are Rip-Offs.
As said before, many times they pretend to have a buyer for a seller even though the seller’s timeshare has never been listed.

Unfortunately, there are countless timeshare owners who have been taken advantage of by unscrupulous businesses offering to sell or rent their timeshare properties for a fee, all the while knowing that the timeshare owner’s properties will never rent or sell.

The overwhelming majority of these timeshare resales or rental companies are fly-by-night companies that are nothing more than listing companies.

The good news is, the Timeshare Cancel Center offers free timeshare resale or rental counseling services to ensure that the resale company a timeshare owner is considering is in fact legitimate.

A part of our service is to educate consumers who are considering timeshare resale.

If you have been approached by a timeshare resale scams company, give the Timeshare Cancel Center a call to validate the resale company prior to signing a timeshare resale contract.

For the timeshare consumer that has tried to resale their timeshare or for the timeshare owner that feels they have been misled and/or are victims of unethical and fraudulent timeshare sales practices while purchasing or upgrading their timeshare the “Timeshare  Cancel Service” is a very good service for them.

The “Timeshare Contract Cancel Service” involves our tried and true process which delivers timeshare cancellation results.

To find out even more about timeshare cancellation log onto our website: www.TimeshareCancelCenter.com

TIMESHARE CANCEL CENTER IS ON THE CONSUMER'S SIDE

FOR A FREE CONSULTATION

Call 24/7: 1-855-600-9053

We Can Help You Cancel Your Timeshare Contract And In Many Cases Even Get Your Money Back!

We Invite you to get a FREE consultation and let our professional timeshare consumer advocates explain all your consumer protection rights.

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