Spotlight : timeshare scams

Abstract

Most timeshare resale scams begin with an unsolicited phone call. If you receive unsolicited offers to sell your timeshare, you should be skeptical and proceed with caution. Property records are open to the public and that’s how many scam artists find their mark. “Representatives” from companies may call and tell you that they already have a buyer interested in your property. All you need to do is pay a fee and they will close the deal! Don’t let them fool you! Giving money before seeing a contract can leave you out hundreds, maybe even thousands of dollars. So, if you’re trying to find a reseller, follow these tips and always be on the lookout for red flags.