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


These press releases may also interest you

at 18:45
The "North America Aircraft Heat Exchanger Market to 2027 - Regional Analysis and Forecasts by Type; Type of Aircraft; Application" report has been added to ResearchAndMarkets.com's offering. North America aircraft heat exchanger market in is...

at 18:29
The law firm Gardy & Notis, LLP announces it is investigating a potential securities claim on behalf of stockholders of Spirit Airlines, Inc. ("Spirit") . If you are an investor who purchased Spirit stock between April 24, 2019 and July 24, 2019...

at 17:39
Over 120 community organizations across the U.S. benefited from Bluegreen Vacations Corporation's ("Bluegreen Vacations") annual Season of Giving campaign. During the month of November, associates and guests of the vacation ownership company...

at 17:23
Malibu Beach Inn was honored with the 'Remarkably Uncommon Award' during The Leading Hotels of the World's 2019 annual Membership Awards, which was one of six awards in various categories recognizing member hotels for their relentless commitment to...

at 17:07
Caesars Entertainment Corporation ("Caesars" or "Caesars Entertainment"), one of the world's most diversified casino-entertainment providers, today announced it has completed the previously announced sale of the Rio All-Suite Hotel & Casino (the...

at 17:00
TripAdvisor, Inc. , the world's largest travel platform*, today announced the acquisition of leading menu management company SinglePlatform from Endurance International Group to help the more than five million restaurants listed on TripAdvisor...



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