The timeshare exit scam is getting more and more sophisticated. The most recent ploy is to convince the timeshare owner that they have a potential buyer and all they need from the timeshare owner is money wired to the lawyer doing the closing on the property. Many people, desperate to unload their timeshare for legitimate.
Warning published in Google News – USA Today – Yahoo Finance – Detroit Free Press – June 2019 Google News, USA Today, Yahoo Finance, the BBB, and the Detroit Free Press are warning consumers about upfront fees + see on-point Consumer Alert! Consumers are victimized by exit team companies like this couple in the Google.
For years, we’ve warned about scam artists who target the timeshare resale market. Owners who no longer want their timeshares look to escape the never ending cycle of high maintenance fees and special assessments, only to find that the resale market is scarce. When owners discover the timeshare they purchased as an “investment” actually holds.
With so much negative publicity on timeshare resorts and the hype surrounding certain resorts that refuse to negotiate or cancel burdensome and unwanted timeshares, we decided to take a look at the other side. There are resorts who understand that some timeshare owners face personal hardships, changed circumstances, or simply cannot handle the financial burdens.
We all hope to avoid becoming the target of fraud, deceit, and misrepresentation. Thanks to recent consumer protection regulations, many consumers now have the confidence to shop freely, but the protections only go so far. Recent consumer reports and allegations show that U.S. Timeshare Companies such as Hilton, Holiday Inn (Orange Lake and Silverleaf), BlueGreen.