Timeshare Warnings

Recovering your cash might indeed be one of the hardest to solve. It is especially true when the company you have trusted with the advertisement of your timeshare unit suddenly disappears like a thief in the night.

Unrecovered timeshare fees have been the cause of many complaints filed in Attorney generals’ offices these days. Timeshare owners said that these fees were collected by resale companies to finance the advertising costs of the properties that they wanted to resell. The fees amounted to hundreds and even reached thousands of dollars. Some were lucky enough to get back the amounts since the companies were found guilty by the federal courts and their offices are visible. Other owners didn’t since the resale companies did not exist right from the start.

Owners find ways in order to achieve the timeshare relief they wanted. But they feel hopeless every time they hear more and more complaints as well as the sales drop from news updates.

Attorney Generals, Better Business Bureau (BBB), and federal courts have worked hand in hand in order to lessen or totally eradicate the incidents surrounding the timeshare community. They have been engaging parties as information dissemination and at the same time a warning to all. Attorney generals’ task is to receive complaints from timeshare owners. Better Business Bureau provides the list of all possible F rated resale companies. F rating is given to those resale companies who have engaged themselves in unscrupulous business transactions. Federal courts issue lawsuits and make resale companies pay if found guilty.

But above anything else, be careful on resale companies that ask for upfront fees. if a representative asks you for a credit card number hang up the phone. Too good to be true sales talk should not be tolerated. Verbal promises should be written on paper, otherwise, they might just screw you up. never believe that your property has been immediately sold unless you see those supporting papers that you need. They keep on telling you that they’ll be advertising your unit in any costs. The number that you have been contacting for follow-ups is not answering.