Timeshare Resale Scams are Real!
Read the 5 Stages of a Timeshare Scam below.
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The Finn Law Group has regularly achieved practical results, in a timely manner, against companies who use unfair and deceptive trade practices against consumers.
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5 Stages of a Timeshare Scam
(1) A Company Contacts YOU!
Sounds perfect right? Did they promise they already have a buyer lined up? Did they say your market is “hot”? BEWARE!
(2) The Company Requests FEES UPFRONT!
The scam is on and you will be asked for a credit card or wire transfer upfront! Did they also offer a Money-Back Guarantee? BEWARE!
Before doing any business, make sure you have a contract explicitly detailing the services the reseller will perform as well as the fees, commissions, and other costs you have to pay and when.
(3) YOU Pay Up!
Some resale scams have bilked consumers for thousands of dollars!
(4) You Realize There NEVER WAS A BUYER!
You’ve made it this far and paid the exorbitant fees they wanted. Now you play the waiting game as the scammer disappears with nary an email, phone call, or letter. At this point, it becomes clear that there never actually was a buyer. And because you most likely never signed a refund policy, you won’t be able to get your money back.
(5) The Scammer Tries to FOOL YOU TWICE!
A second fraudulent business may then contact the victimized owner offering to help recover the money lost in the first scam for yet another fee. As with the first scam, no money is recovered and telephone calls and emails are unanswered.
Feeling trapped and overwhelmed by your timeshare obligation? Consulting with a timeshare attorney may be the most viable option for permanent, lasting relief. Don’t fall for scams. Finn Law Group specializes in timeshare law.
Michael D. Finn, Founder
Michael D. Finn is the founder of Finn Law Group and has been a practicing attorney for over 48 years, working on behalf of consumers with real estate, timeshare and fractional ownership issues.
Why Hire An Attorney?
When a consumer signs on the dotted line with a developer, they enter into an agreement that is legally binding. It’s a legal question, a legal issue – and so you’ll need a lawyer when it comes time to dispute, exit, or nullify that legal contract after the rescission period has ended.
“Purchased an orlando timeshare and after many unhappy vacations with swapping my weeks for other vacation places I finally had had enought I offered my timeshare back to the resort got a big no we do not take them back I hired Finn law group and they got the resort to take that piece of garbage back Great firm did exactly as promised.”
“We were talked into buying a timeshare while in Orlando. When we got out of the timeshare sales office and started checking into the details, it was clear we were misled…