Timeshare Exit company lawsuits
Diamond Resorts International, a timeshare company, has filed several lawsuits against timeshare exit companies in recent years. Here are some examples: It’s worth noting that Diamond Resorts is not the only timeshare company that has filed lawsuits against timeshare exit companies. Other major timeshare companies, such as Wyndham and Marriott, have also taken legal action […]
How to get out of a Timeshare
A timeshare can seem like an exciting investment when you first purchase it, but over time, you may realize that it’s not the right fit for you. Whether you can no longer afford the maintenance fees, don’t have the time to travel, or simply don’t want to deal with the hassles that come with owning […]
How to Cancel a Timeshare: A Look at the Different Methods
As a timeshare owner, if you are experiencing buyer’s remorse, you’re not alone. In fact, an overwhelming 85% of timeshare owners regret their purchase. This is typically due to the significant and recurring expenses that accompany timeshare ownership, such as annual maintenance fees, exchange fees, and repair assessments. Moreover, some owners may find that the […]
How to Get Rid of Your Timeshare: A Guide
Despite the challenges faced by the global economy, one thing that remains consistent is the dissatisfaction experienced by owners of timeshares and vacation club memberships. Despite being marketed as a “vacation ownership” and a stress-free way to travel, these properties are often a financial burden. Maintenance fees alone can surpass $1,000 annually. It’s likely that […]
Is a Timeshare Considered Real Estate?
Although the term “timeshare” is commonly used, it can be difficult to grasp. Unlike the well-established legal concept of real estate, timeshares are a relatively new development that originated in the 1960s when European resort owners began offering customers the opportunity to vacation in homes in the Alps. Despite the industry’s growth and increasing complexity, […]
How to Cancel Timeshare Contracts and Other Ways to Get Out
Many individuals who own timeshares have discovered that they are more expensive than they were initially told during the sales pitch. With annual maintenance fees, repair and improvement assessments, and additional fees, owning a timeshare may not be worth it. Unfortunately, timeshares are difficult to escape, and owners often feel trapped due to complex contracts, […]
Is There a Timeshare Exit That Isn’t a Scam?
4 Signs of a Timeshare Exit Scam Timeshare exit firms are conscious that those seeking their help are in a fragile state. The emotional and financial difficulties caused by the timeshare developer have left them eager to terminate their contracts using any means possible. However, these exit companies take advantage of this situation and overcharge […]
Resale Company Scammers: Timeshare Fraud Targeting Owners Desperate to Sell Timeshares
Owners of timeshares often find themselves stuck in a cycle of increasing fees, inability to use their timeshares, and difficulty exiting, due to the deceptive tactics used by timeshare sellers and resorts. Unfortunately, this can lead to the timeshare resale scam, which targets owners with phone calls or emails that raise several red flags. Typically, […]
How to Recognize the Many Faces of Timeshare Fraud
Various companies regularly appear in fraud reports, including debt collectors, fraudulent investments, and fake cash prize scams that have been prevalent for decades. The timeshare industry is another area that frequently appears in annual fraud statistics. According to the Federal Trade Commission’s recent statistics for 2021, timeshares ranked ninth for fraud claims across the nation. […]
Mexico Timeshare Scams
Mexico has long been a popular vacation destination for Americans and other tourists from around the world. With its warm climate, beautiful beaches, and rich culture, it’s no wonder that millions of people flock to Mexico every year. Unfortunately, some visitors to Mexico fall prey to one of the country’s most common tourist scams: timeshare […]