How to Recognize Timeshare Scams and Get Out Quickly

If you’ve ever heard the phrase “If it’s too good to be true that’s because it probably is” then you know the pain that can be a bad timeshare purchase. Companies lure customers in with free trips and lodging.

Then they often resort to high-pressure sales tactics. Or they may promise you the best in luxury and convenience.

There are definitely many great timeshare purchases. And there are happy owners around the world.

Unfortunately, some timeshare owners may find they’ve been victims of timeshare scams.

Ask yourself if any of this sounds familiar:

Timeshare Scams for Resale

You may feel that once you’ve purchased a property it’s too late. But that’s not always the case.

Many timeshare scams happen after the property is already purchased. As your maintenance fees rise and you look to resell, you may be contacted by a potential broker.

This 3rd party company will ask you for money up front to help you with the sale. They may even promise to have a buyer already.

They will explain they need the money for closing costs or some other fees. Many people have fallen victim to this scam.

The mysterious 3rd party disappears after you give them the money.

Heed the Better Business Bureau

Timeshare resale scams are very real. The Better Business Bureau has even issued alerts to consumers to watch out for this type of deal.

Everything from fake companies, to unsolicited marketers contacting you by phone, can be involved in a timeshare scam.

Watch the warnings and make sure to research any company thoroughly before doing business.

Pro Tips for Avoiding a Resale Scam

One of the most important things to remember when reselling a timeshare is that all the fees and costs come out of the closing. Anyone who tries to persuade you otherwise is likely pulling a scam.

These false fees can be for title searches, appraisals, and a number of different costs. Be warned that these are not typical parts of any timeshare resale.

Get the Help You Need

If you find yourself in a timeshare you can’t seem to get out of or know you’ve been the victim of a scam, you need expert help.

But with the examples of scams above sometimes it can be difficult to know who to trust. Don’t give up just yet.

We can help.

Escape Resolutions offers seminars for timeshare owners just like you. We have a 100% success rate and a 100% money back guarantee.

Don’t wait to get the help you need. Contact Escape Resolutions now and let us help you get out of your timeshare agreement starting today.

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