Today timeshare scams are increasing in number dramatically. People with a timeshare contract often get bored with paying their timeshare fee. They start considering it a big financial burden and in such a situation, they try everything desperately to get rid of this timeshare contract. But unfortunately sometimes resort owners refuse to cancel the timeshare contract and don’t cooperate enough with the timeshare holder. In such a hard situation people get super desperate and try to sell their timeshare ownership. But the question is, is this selling process that simple? The one-word answer is no. In this world of timeshare scammers, it is extremely difficult to sell your timeshare to a genuine buyer. Here is our guide for you to stay safe from such scammers.
Avoid Trusting Random Callers
Someday you may get a call where the caller will offer you an unbelievable deal on your timeshare. They may offer you an unexpected higher price and will promise you to buy your timeshare soon. This is the most common scenario of present timeshare selling scams. So here is our advice: do not trust such random callers and do not reveal any of your financial information. Also if the caller requests you to pay a registration fee do not ever do that. Such a random call is a major red flag here.
Do Not Fall For Reselling Scams
Another popular scam here is the timeshare reselling scam where the reseller will promise to get you potential buyers who will be buying your timeshare with a huge expensive amount. This could be a big scam. Here the reseller will ask you to pay an advance fee to start the reselling process. Please do not pay any advance charges without verifying the authenticity of that reseller.
Always Talk To A Timeshare Lawyer
Here the smartest move is to consult a timeshare lawyer before you go for any timeshare selling policy. Such lawyers have been dealing with different types of timeshare cases for a long time and they are fully aware of such popular timeshare selling scams. If you get to come across a timeshare buyer, just do not commit anything without discussing it with your lawyer. Your lawyer will assess the offer and will give you all kinds of the right advice.
Stay Aware Of The Offer Sounds Too Good To Be True
Be cautious if you get an offer that is too good to be true. Be aware that the seller offers you a price that is even higher than the actual worth of your timeshare ownership. This is a clear sign of a timeshare scam. Do not take any risk here. Consult your lawyer and follow their suggestions.
Although today’s timeshare scammers are very smart, you can successfully ignore them if you just follow the above-listed tips. Stay aware and be safe.