As if last week’s post of common lies, I mean misrepresentations, told at a timeshare sales session wasn’t enough, here’s a recap of an email I received:
Here is a list of some of the lies we were told:
>They said we would own property that wouldn’t depreciate and we could use it as a tax write off
>They said there was a resale department that we could use if we ever wanted to get out of the timeshare. What they purposely didn’t mention when they misled us was that it has to be paid off first
>They said we could cover maintenance costs by renting the timeshare out. Unfortunately, the rental market is as overcrowded with useless timeshares as the resale market. So, we do not have a penny from rentals but we do have increasing maintenance fees
>They neglected to tell us about many charges including not booking 60 days in advance as well as for booking in places other than where we signed up
>They told us we could use our points for airfare, cruises, car rental and other amenities. What they didn’t say as that it would take hundreds and thousands of dollars to get this many points
>They told us we were buying in the location that they showed us but
our contract is actually located at a different place
>They didn’t tell us about the rescission period either
ALL of this could have been easily avoided by the consumer a) using a modicum of common sense and b) asking to see exactly where the pertinent clause is in the contract. This person paid over $12,000 for her timeshare.
What I don’t understand is this: If these things were so important to her and may have been some of the reasons she purchased seeing as she clearly remembers these items more than 4 years after purchasing, WHY didn’t she ask to see where these items were covered in the contract?
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