Thursday, January 30, 2014

Four Ways To Avoid Being Ripped Off In Timeshare---Or Anything Else

1.  Don't make any quick decisions

2.  Understand that the salesperson is just that-a salesperson, not your friend and perhaps not operating with your best interests

3.  Don't do business with any company that contacts you first-phone call, email, direct mail etc.

4.  Do your homework and be on guard with any timeshare transaction-buying, selling, transferring, renting, etc.

Any tips you'd add?


  1. Replies
    1. Thank you! It's great to hear from people who read the blog. Without you, there's nothing.

  2. Great tips! I would add to talk to other timeshare owners to fully understand the product

  3. I would recommend that if you buy get to know as many owners and get their contact numbers specially if you don't live where your resort is located . Get tas many contacts as you can if you're at a sales meeting

  4. The first thing you need to watch out is the sales pitch. If the timeshare salespeople are overly aggressive, they are probably trying to scam you. They might also give you many promises, but without any written confirmation, therefore, do not believe everything you hear. Also, keep in mind that purchasing timeshares under construction might be a risky business. Before you buy, you need to be sure you are going to be able to use your timeshare every year. It is also very important that you take your time to do a thorough research on the company

  5. Timeshare ownership is basically the right to use the resort for a certain number of years—usually from 5 to 50— during a specific week of the year. It is very important to highlight that a time share is a purchase and not a financial investment, being that you have to pay the initial purchase price, plus the periodic timeshare fees, whether you use your unit or not.