Is a Timeshare a Scam?

By Lauren McGee

Is a Timeshare a Scam? When exit companies or timeshare cancellation lawyers confront this topic, you’ll hear every reason why you may have been “scammed.”

Are Timeshares a Financial Scam? Timeshare will not go up in value. Timeshares do help people and families save thousands on vacations for a lifetime.

Timeshare Maintenance Fees Can Be a Burden. Your timeshare doesn’t stay beautiful without some help. Resorts need regular maintenance to stay up-to-date, stay clean, and pay employees.

Is the Timeshare Resale Market A Scam? The timeshare resale market is not a scam. Our resale market is perfect for owners looking to add on to their initial ownership.

Is it Difficult to Get Out of Timeshares? Getting out of a timeshare can take some time, but it’s not impossible. Most resort developers provide owners with easier options than ever.

Timeshare Scams To Avoid. The most notorious timeshare scams normally take place on the resale market. Top developers follow strict guidelines and laws.

High Upfront Fees 

You should never pay thousands of dollars up-front to get out of your ownership. There are resources available for owners that need timeshare relief.

You should never receive out of the blue phone calls from someone that says they have a “buyer waiting.” It is illegal for a timeshare company to do this.

Unsolicited  Phone Calls 

Guarantees to exit your ownership

In reality, third-party companies cannot make promises to exit or sell your ownership. A legitimate resale company cannot guarantee that it will sell.

Stop Paying Your Maintenance Fees

You should never stop paying your maintenance fees. This could cause you to default on your ownership and will negatively affect your credit. 

Buy or Sell Timeshare With Fidelity

Our Licensed Real Estate Brokerage has over 20 years of experience in timeshare resales. As a member of ARDA, you can trust us. 

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