Le Lézard
Classified in: Tourism and vacations
Subject: OFR

Common sense ideas for timeshare buyers and sellers to help avoid being taken advantage of

TENAFLY, N.J., Nov. 14, 2019 /PRNewswire-PRWeb/ -- Since 1991, TimeSharing Today magazine has published numerous articles describing the positive experiences of timeshare owners. According to Shep Altshuler, publisher, "In contrast to those upbeat commentaries, we have received countless complaints about owners falling prey to timeshare scams, making false promises of having a 'buyer' who doesn't exist. Those promises end up costing consumers millions of dollars."

"Timeshare ownership has a unique place in the hospitality industry. There is no other segment of the industry that simultaneously delivers a truly happy travel experience for owners and their families, while suffering a terrible reputation as being a rip-off in the mainstream media," he added.

As a result of the negativity, there has been an emergence of companies that charge high fees to help owners get out of their timeshare obligations. Often, the owners end up finding out they are still obligated to pay the maintenance fees.

There are common-sense ways to avoid being taken advantage of.

An owner contacted TimeSharing Today saying that he paid a company $3500 to help end his obligations. While waiting for paperwork from the company, the owner decided to call his resort. He found out that he could turn back his timeshare deed at a cost of $350. He asked if TimeSharing Today could help get a refund from the company. This time, the owner received a full refund, but it's not the usual outcome.

Finally, share your comments and suggestions. Email: staff@tstoday.com


SOURCE TimeSharing Today

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News published on 14 november 2019 at 03:00 and distributed by: