How to avoid Timeshare Scams!
There are many timeshare scams out there. You will have to be diligent and know your stuff to help prevent being taken for a ride or paying for something that you don’t necessarily need. Paying extra cash for a service that isn’t going to assist you can be likened to a scam as you end up wasting your money on something that will produce absolutely no results.
One of the first scams that you should avoid is the upfront fees. It does not matter how many offers a person has receive and how much they guarantee that they will get you X amount of dollars for your timeshare, you should not have to come up with anything up front. If you do, you are most likely just giving your money away.
There are many scam artists who have used pressure sales tactics promising that they have buyers ready to purchase your timeshare at a set amount. In order to speak with those buyers you have to fork over a nice sum of money. This is usually bogus and should not even be given a second thought.
Another scam that is floating around right now is one where a potential buyer offers you more than your asking price on the timeshare. This should raise a red flag but people are greedy so they would enjoy the additional revenue. They will instruct you to just refund the difference to them. Once you have paid them, magically the funds that they paid you will disappear and you will end up having given them your own money. Not a smart thing to do.
Another scam circulating involves having potential buyers offering to buy your timeshare at the cost that you want while simultaneously selling you another vacation package that is usually a bogus offer. Avoid this and use common sense. If what is going on is too good to be true most likely it is.
