Our timeshare exit team deals
with timeshare scams all day, every day. Here are a few ways the industry tries
to take advantage of consumers and how you can avoid being sucked in.
While there are reputable timeshare companies and owning a
timeshare can be a great deal in some cases, there are plenty of timeshare
scams out there. Take it from our timeshare exit team; we have
heard it all.
Before we get into the details on timeshare scams, let’s
briefly discuss what a timeshare is because our timeshare exit team believes
that knowledge is power and the more informed you are on timeshares, the
better.
A timeshare is a stake in a property that you can use once a
year. There's really just one kind of property that people only want to use
once a year -- vacation property. That's why you'll find the vast majority
of timeshares in vacation hotspots like Florida, Colorado, and Mexico.
The majority of timeshare sold are points based timeshares.
You buy points that essentially work the same as credit card points. You make
monthly payments on your timeshare in exchange for a certain number of points.
You then use these points to spend on various vacations. Shorter vacations or
vacations during off peak times cost less points than longer vacations to more
popular destinations.
In
addition to making your monthly payments, your timeshare will almost always
involves a maintenance fee. A maintenance fee is basically what it sounds like,
a fee you pay to help maintain the property that you bought your timeshare
from.
In
theory, you can save, trade, and spend points to ensure that you can go on a
vacation every year. You can also save up for longer vacations or trade points
to get weeks at a variety of destinations.
Sounds
great, right? Well sometimes timeshares sound better than they actually are.
The timeshare industry uses a variety of less than ethical practices to scam
consumers and reel them in. Here are a few of the scams our timeshare exit team
hears frequently.
From
promising extravagant prizes to threatening legal action if you try to cancel,
timeshares can be a dicey industry. Here are a few ways they try to scam consumers and ways that you can
avoid being ripped off.
The pitch: Many timeshares have overly aggressive pitches. You may have been promised a free
night at a resort in exchange for listening to a short presentation. That
presentation could turn out to be an overly aggressive sales pitch that
basically tries to bully you into a purchase. They may also call you at home
frequently in an attempt to convince you to buy a timeshare.
The freebies: Many timeshare companies promise all sorts of free
perks for attending a presentation and for purchase. These often are an attempt
to get you to buy a timeshare, a decision that may leave your scratching your
head or losing sleep wondering how to get rid of a timeshare.
Maintenance: Some below board timshare companies
may charge you a maintenance fee but not actually do anything to maintain the
property. This makes the property unenjoyable and means that your money is only
going to line the pockets of the timeshare company. This can leave you
wondering how to get rid of a timeshare and
get your money back.
Cancellation: Every timeshare has a cooling off
period. During this time, you can cancel your timeshare and have your deposit,
and all other monies returned. This is known as the “right of rescission.” Once
this period expires, however, most timeshare companies will have you believe
that it is impossible to do a timeshare cancellation.
They will want you to believe that you will be responsible for paying for your
timeshare for the foreseeable future, and there is no way out. This is not
true. As our timeshare
exit team reviews timeshare contracts and knows
first-hand, there is almost always a way to cancel your timeshare.
If you have been the victim of a timeshare
scam, you may think that you are doomed. However, we can help you figure out how to get rid of your
timeshare. Call us today to find out how to cancel your timeshare and
reclaim your vacation.
For A Free Timeshare Exit Team Consultation, Conducted By A Timeshare Cancel Center Timeshare Advocate
Call 24/7: 1-855-600-9053
For More Information About Timeshare Cancellation
Talk With Our Timeshare Exit Team Or See Our Website:
Call 24/7 - For A Free Timeshare Exit Team Consultation
1-855-600-9053
Timeshare Cancel Center LLC
Attn: Timeshare Exit Team
5036 Dr. Phillips Blvd. #221
Orlando, Florida 32819-3310 USA
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