Tag Archives: contract cancellation

Timeshare-Answers Scams-Fraud-Complaints

Recently, the Attorney General office in Florida put out a press release on how to protect you from these timeshare scams. Timeshare-Answers is a professional consumer advocacy company who has helped thousands of timeshare owners with these types of complaints, and has used consumer’s complaints to get their contracts cancelled. Here is some helpful information from the AG OFFICE we would like to share with consumers.

“How to Protect Yourself: Timeshare Sales & Resales

Source: The Florida Attorney General’s Office”

Vacation timeshares give you the right to use a vacation home for a limited, pre-planned period. Timeshare scams occur both on the front-end, the time of the original purchase, and at the back-end, when you try to resell the timeshare. Victims of timeshare sales companies are contacted either over the phone or are mailed a postcard asking the victim to call a toll-free phone number. Before you decide to either purchase or resell a timeshare, consider the following:

Be Wary Of The Hard Sales Pitch? When it comes to purchasing a new timeshare, the salesman may try to give you the impression that the papers have to be signed that same day. Remember that you always have the right to leave the sales office, and come back later. Read your contract to determine what cancellation rights you have after you have signed the papers. Before buying a timeshare, you should consider whether you will want to return to the same vacation spot each year. Remember that once you buy it, you may not be able to sell it due to a depressed resale market.

Be Wary Of Too-Good-To-Be-True Claims When It Comes To Resales? The company’s salespeople are likely to claim that the market in the area where your resort is located is “hot” and that they are being overwhelmed with buyer requests for your resort. In some cases, the salespeople may even tell you that they have a buyer waiting in the wings who wants to buy your timeshare. Be skeptical of these types of claims. Remember the timeshare market is not “hot” and it is unlikely that there is a buyer ready and willing to buy your timeshare.

Question Why You Have To Pay The Fee Up Front? Most resale companies require you to pay a $300-500 advance-listing fee, before the sale of your timeshare can take place. In a typical real estate transaction the fee is paid from the proceeds of the sale, at the time of the sale. You may want to opt for a company, which will wait for its fee until the sale goes through. You should also find out if the salespeople are licensed real estate brokers and whether there are any complaints lodged against the broker.

Consider Other Options When It Comes To Resale? You may want to try selling your timeshare “by owner”, by placing an advertisement in a newsletter or magazine read by potential timeshare buyers. Or you may want to list your timeshare with a licensed real estate broker in the area where your resort is located. As an alternative, you could contract with a company, which allows you to exchange your timeshare for a unit in a different area.”

“Is it possible to cancel a timeshare?”

“Is it possible to cancel a timeshare?” Thousands of timeshare owners search this exact question on Google every day. The answer is yes; it is possible to cancel a timeshare. However as a consumer, you would have a very difficult task ahead of you if you try to accomplish this on your own. You need professionals on your side who know the rules, laws, and regulations for cancelling your timeshare purchase. Do not make the same mistake twice by trusting the timeshare company. Most consumers attempt to reason with the resort on their own. This is one of the worst mistakes consumers make when trying to cancel a timeshare. Remember it is the resort that was responsible for lying to you to begin with; do you really think they will help now? Timeshare companies have teams of people in place to confuse, lie, and spin you around in circles. The bottom line is, they have 10’s or even 100’s of thousands of dollars to loose if you cancel. We can assure you they are not going to let you on your own. Timeshare-Answers has the knowledge and experience to guide consumers through the timeshare cancellation process and with this knowledge comes power. Call for a free consultation and let Timeshare-Answers empower you today!

Is Timeshare-Answers a Scam?

Timeshare-Answers is a professional consumer advocacy company offering assistance to timeshare owners who have fallen victim to timeshare scams.
Whether the resort or a resale company scammed the timeshare owner we have the answers to your questions.

Thousands of timeshare owners buy timeshares every year based on outright lies and false promises from the resort. Here are some basics.

Examples of common misrepresentations during the purchase of a timeshare:
• Being told you are buying a real estate investment.
• Being told your timeshare is a tax write off.
• Being told that canceling a timeshare contract within rescission is not possible.
• Being told they have a resale department in the event you want to sell your property/points.
• Informed the resort was pet friendly and later finding out pets are not allowed.
• Exaggerated claims that induced the purchase of the timeshare.
• Not being informed of exchange fees and being told that you can travel freely at any time to any place.
• Not being made aware of maintenance fees or that your fees will increase.
• Not being informed of potential assessments as the property ages or that you may be responsible for additional dues when other timeshare owners have backed out of their timeshare.
• Summoned to a meeting under the facade it is a mandatory “owners” meeting only to be pressured and sold an upgrade.
• Not being able to use your timeshare, with the resort citing that nothing is available or you do not have enough points.
• Not being informed of the time period in which you can cancel your timeshare

If any of these sound familiar call Timeshare-Answers today for a free consultation 888-722-2648.