In the timeshare world, there are a variety of scams that can convince you to buy a timeshare or prevent you from getting rid of one. Whether you already own a timeshare or are considering buying one, we want you to be well informed of all your options. Read more for timeshare exit team reviews of the most common timeshare scams.
The resort industry can be overwhelming and full of shady business practices and even outright scams. This is particularly true when it comes to timeshare sales. The timeshare industry employs top-notch salespeople who try to sell you a lifestyle rather than a product. With fancy presentations and lots of “free” extras, they are often quite successful.
If you have ever received a call inviting you to a free resort stay in exchange for listening to a presentation, it is important to understand the tactics the timeshare company will employ to convince you to buy a timeshare. If you already own a timeshare, you may find yourself wondering how to get rid of a timeshare because it is too expensive or simply not what you imagined it would be.
Here at Timeshare Cancel Center our timeshare exit team reviews timeshare contracts and we know what the most common timeshare scams are. We also know ways to help you avoid them to ensure that you don’t get taken advantage of.
One of the most common timeshare scams is to offer free incentives for you to attend a timeshare presentation. When our timeshare exit team reviews timeshare contracts with consumers, we often find that the promise of free items, vacations, and experiences is often what sucks many people in.
For example, most timeshare companies will offer you a free resort stay in exchange for attending their presentation. Some will even add on a second vacation somewhere a bit further away like Las Vegas or Miami. While these are technically free extras, they are designed to get you in the seat so they can sell you a timeshare. If you attend a timeshare presentation, remember that you have no obligation to buy.
Incentives For Purchase
Another way timeshare companies will suck you in is to offer you free extras in exchange for a timeshare purchase. It may be a free dinner, resort credits, golf clubs, or even the chance to win a larger prize. When our timeshare exit team reviews contracts with our customers, we have heard some companies will raffle off cars or boats in exchange for a timeshare purchase.
If you find yourself in a timeshare presentation with additional incentives for purchase, it is important that you evaluate the cost compared to the benefit. Make sure all the numbers add up, and the timeshare itself is a good value. If you don’t, you may find yourself wondering how to get rid of a timeshare in the months and years to come.
Once your sign up for a timeshare, the timeshare company will give you a certain “cooling off” period. During this time, you can cancel your timeshare with no obligation or penalty. This is called the right of rescission and lasts anywhere from a few days to a few weeks, depending on the timeshare company.
Once this period ends, the timeshare company will convince you that it is impossible to cancel a timeshare. They will tell you that doing so will ruin your credit. This is one of the biggest timeshare scams that our timeshare exit team reviews. When the timeshare company tells you that you cannot cancel your timeshare, I urge you to call us.
We have experts on our timeshare exit team who specialize in timeshare cancellation. We know how to get rid of a timeshare, and we can write a resort authorized cancellation letter that is guaranteed to cancel your timeshare.
Don’t fall for these common timeshare scams. Make sure that you do your homework and know what to expect during a timeshare presentation. If you decide to buy a timeshare, make sure that it is one that fits your lifestyle and budget.
If you end up with a timeshare, you don’t want, don’t let the timeshare company convince you that it is impossible to cancel. Call our timeshare exit team if you need to get out of your timeshare today!
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