Private Hard Money Lender in California, Texas and Arizona: Timeshare Scams: Don’t Get Bit In Your Wallet

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Monday, December 7, 2015

Timeshare Scams: Don’t Get Bit In Your Wallet

Every day we receive many, many calls about timeshare scams. A lot of people we talk to are wanting to find out how to do a timeshare cancellation. 

They feel they have been taken advantage of and have gotten themselves involved with a timeshare scam.

Are you one of them? One of the many people who have let themselves be used to perpetuate one of the timeshare scams.  Many victims are unaware of what they are really getting themselves into?

What the timeshare industry started out as and what it has evolved into today are vastly different. But now you’ve gotten yourself in it. Now how do you get out of it?

First of all let me say, Never! Never use a timeshare broker or timeshare resale company! Never!
We can’t say this enough. They are also timeshare scams of the highest degree. To tell you the truth, after you buy a timeshare, it’s virtually worthless. That’s why we get so many calls from owners wanting to find out and get help with a timeshare cancellation.

If you don’t believe that, check it out for yourself. All you have to do is go to EBay and see how many timeshares are listed there. Owners are trying desperately to get rid of them and get that financial monthly drain off their backs.

Some are selling as cheap as a dollar. The ones that are asking more are still under the delusion that their timeshare is worth something.

IT’S NOT. It is hard for people to comprehend that what they bought into and spent thousands of dollars for, is worthless.

Now if that is what you really want to do, no one can stop you. With vacation timeshare Ownership, you share accommodation expenses with other owners when you want to go on vacation, but you share those expenses for life.

A timeshare is never truly paid-off. 
Maintenance fees will be paid by you until the day you drop over and 
then that expense is passed on to your loved ones. 
How’s that for a kicker? 
You have left your timeshare debt to your family.

Getting someone with whom you can be co-owners of a vacation accommodation saves lots of money at first glance. That is some of the pitch you will hear when you are invited to a timeshare presentation.

But be forewarned. These timeshare salesmen/women are trained to be hard core salespeople. Their money is in your pocket and they are determined to get it out by having you sign a timeshare contract before you leave.

Florida is the number one hotspot for timeshare sales. Visitors see the various benefits of vacationing in Florida and they buy into the well-crafted presentation that they think make it a great place for investing in timeshare.

But they don’t see the long lasting effects the drain of owning timeshare has on their budget. People change and certainly in this day and age, household economics change.

People are losing jobs at a very high rate and it can take weeks or even months to recuperate from the loss of income.

However the payments to your timeshare purchase and/or maintenance fees still go on.
Some people don’t realize when they purchase a timeshare that they have signed a legal binding contract that the resort can foreclose on if the purchaser is unable to make their payments or maintenance fees.

Just as if a home mortgage can be foreclosed on, resorts can go after any kind of personal income or saving that they can legally get their hands on and we have seen this happen time and time again.
Purchasing a timeshare can certainly leave you with many regrets. Be wise and think hard before you sign a timeshare contract.

How many of us can safely foresee the future in these uncertain times and say without a doubt that we can make those payments and/or maintenance fee payments for years and years to come (well really forever, since maintenance fees never end).

Take some time out to think about what you have read concerning "Timeshare Scams".

We hope this article contained the exact information you need to hear? If you are one of the unlucky victims of a timeshare scam or want to do a timeshare cancellation we are here to guide you and give you the help you need.

To learn even more about doing a timeshare cancellation log on to our website and see our frequently asked questions or simply give us a call.

If you already own a timeshare and feel you have gotten entangled a timeshare scam and would like know how to cancel timeshare we can answer all your questions.

For More Information About A  Timeshare Cancellation Visit Our Website:  www.TimeshareCancelCenter.com

5036 Dr. Phillips Blvd. #221
Orlando, Florida 2819-3310 USA
For A Free Timeshare Cancellation Consultation,
Call 24/7: 1-855-600-9053