Timeshare ownerships are sold mostly through high pressure sales presentations. Many victims report that they were made promises that never materialized, booking became a problem because facilities were oversold and statements made that constituted Fraud.

  • Must buy today, or they will not get the same deal

  • There are tax advantages

  • Maintenance Fees will never go up or that they can be offset by renting

  • There is a marketing/rental program that will rent your timeshare for a profit

  • Its an investment opportunity

  • Developer will buy your timeshare or sell it for a profit

  • Presented as "easy to resell"

  • Great discounts on airfare, cruises, hotels, car rental or tours are available

  • Developer will buy your old timeshare or sell it within certain time for a profit

  • Get a big discount to buy before built

  • Its a deeded or like a deeded property

  • Purchase a two bedroom lock-off suite, use one bedroom, rent the other

  • Asked to signed a waiver rescinding your 5 days cancellation right

  • Due to location it is worth more than other locations.

  • Need an upfront fee. 

  • Potential buyer offers you more than your asking price on the timeshare and asks you to refund the difference. 

  • Sold as a good investment opportunity

  • Timeshare purchase will increase in value, sell at a greater price

  • Any mention of a timeshare or the trip being a tax break or incentive

Precautions You Should Take   TOP

  • All documents that require a signature or an initial must have been fully explained by the closing agent or it's a violation of timeshare regulations.

  • Read the contract and have it reviewed by an attorney. If the sales person promised you something that's not in the contract, don't sign the contract!

  • Don't ever, ever, buy (or sell) on the spot without taking time to evaluate whether you are getting a good deal.

  • Timeshare tours over 90 minutes are probably coercion.

  • Foreign based Timeshare contracts tend to be confusing if you are not fluent in the language.

  • Any meeting other than a prescribed sales presentation is against timeshare regulations.

  • Understand what an exchange is, how it works, and the associated fees.

  • Look carefully at a company's web site and make sure it is legitimate and not just a landing page for a a secondary broker.

  • An upgraded to a Timeshare is usually a scam

  • Never give your credit card number to anyone unless you really intend to make a payment.

  • If the promise is not in writing - then it won't happen!

  • Be careful of a phantom accommodation where you pay for a password to access an Internet site listing or timeshares available for rent, but they may not exist.

  • Holiday Clubs are now the "In Thing" with every scammer

Buying - There Are A Lot Of Areas Where You Can Be Taken   TOP


  • Reps indicate they can get you a discount, but has quoted your fee higher than usual to allow for the discount.

  • A company may be more interested on the sale and maintenance fees then the booking time you want.

  • Timeshare is not real estate. The more years that go by it's probably worth less.

  • To hurry you into a sale you may handed off to an "inventory manager" who tells you how much they need your property in their inventory for later sale, and offer you a deal if you get this property listed today (NOT true).

  • Lets you pay half now and defer the other half until after the sale. This is another tactic to hurry you into the sale.

  • Resort has relationships with major banks that will offer an annuity program (Steer clear).

  • Pay an an outside organization an additional 5% of the purchase price to be guaranteed you will receive the entire purchase price back when you want to sell the property.

  • Don't be fooled by promises of unrealistic selling prices

  • Always get the agreement that states you have a  # of days cooling off period.

  • Contracts for a timeshare period of less than 36 months may not provide for a cooling-off period.

  • Experts say. typically time shares are not a good investment

  • If you really want a Timeshare, you can get the same for half the price on the open market.

  • You can  lose 50% or more when you sell

  • It may be cheaper to rent a Timeshare then buy

  • Timeshares come with multiple hidden risks

  • Miss one year of using the Timeshare and financially you're better off without one.

  • Trading isn't near as easy as they claim.

  • If you can't pay in full, it's a terrible deal

  • Travel is not calculated when comparisons of different programs are made

  • Hotel prices are increasing as are time share fees.

  • If for any reason you are not happy or can't afford it, the company will buy it back for a profit next year, This is NOT true.

Selling Is Very Difficult So Tread Carefully   TOP


  • Studies show that there are many more sellers than buyers.

  • Do not pay a fee to list the property

  • Never give an exclusive listing.

  • Never, ever, pay even a dime, for anything to a resale broker before a contract is signed

  • Appraisal Fees are totally unnecessary

  • Don't be fooled by familiar Timeshare names. Many of the reputable ones are closely copied

  • When you choose a resale company make sure they guarantee the timeshare will be transferred and recorded out of your name before you do business with them.

  • Some timeshare companies make you think you can deduct more money than you actually can from your income tax in return when you donate a timeshare property.

  • Companies that charge an upfront fee say then can sell your timeshare for prices comparable to what the resort is selling them for (NOT true).

  • Purchasing your timeshare weeks for the executives of a large, nationally-known company, but you must reserve your spot with a small fee.

  • No company can guarantee the sale of your timeshare.

  • Promises to send you potential buyer information for a fee is a clear scam.

  • The only time you should pay a fee for an appraisal for a timeshare is NEVER.

  • Closing costs are paid at time of closing not before.

  • All commission should be paid when the sale closes NEVER before.

  • Title companies do not collect their fees prior to closing.

  • Don't pay anything to just sell your timeshare.

  • Don't send anyone your Ownership Certificate.



NOTICE: We provide this Encyclopedia as a public service. Unfortunately we do not have the manpower to answer all of your emails or questions on specific topics. We, therefore, do not post our telephone number or address as all our communications are through email.

copyright   2011 - www.stopthescam.org 

Privacy Policy

Legal Statement