Timeshare: What are the signs of a scam?
August 12, 2017
Not all timeshares are scams and there are some clear signs when you might be walking into a fraudulent situation. That is why I have compiled this list of hints and tips for recognizing a timeshare scam as opposed to genuine timeshare companies.
What are the signs of a timeshare scam?
There are some key signs which indicate that something or someone is a scam. If you remain open to them it can become pretty obvious which is which very quickly. Read on to find out how you can tell when someone is trying to scam you, and how you can protect yourself from fraudulent timeshares. These are some of the warning signs that you should be on the lookout for:
When things don’t add up
Little “white” lies might not seem like a huge deal, but the truth is that honesty in small matters is a key indicator of a business’s (or a person’s) integrity. If, for example, you’re are promised an incentive for attending a timeshare presentation that never materializes (or you are asked to pay for it), or if you are told that the presentation will last only a few hours and it lasts the full day… these are signs that the company is not honest You must ask yourself; if the timeshare agent is comfortable lying to you about this, what else are is he or she going to lie about in order to sell you a timeshare?
Is the timeshare company registered?
It’s a sad fact that you can’t check every company’s license and registration details when you’re on vacation as this would make side stepping timeshare scams a breeze. However, there are some real world indicators that a timeshare company have their legal affairs in order. A good rule of thumb is this; if a timeshare agent can produce authentic ID, or they can be found inside an airport or shopping mall, then they most likely represent a genuine timeshare company and not a scam.
No news is bad news
If the timeshare company in question is suspiciously squeaky clean of all news coverage; if you can’t find an article about them or get any information online, it is most likely because they are fraudulent. Even the best companies will have complaints online (alongside positive reviews), but a timeshare company with seemingly no history is a no-go and most probably a scam.
Timeshare exchange networks
If a timeshare company is recognized by and affiliated with exchange networks like RCI and Interval International then you can be sure that they’re legitimate. If in doubt check on their affiliations and partnerships; as the saying goes “no man is an island” and this is doubly true for timeshare providers wishing to succeed.
Are you taken to the right timeshare resort?
If you are shown a different resort to the one you’re supposed to be buying from, or you’re shown the right resort and then taken offsite for the presentation/ contract signing do not sign. Do Not Sign. This is a classic move for scammers looking to steal some reflected respectability from big companies. You should also check that your contract names the correct type of unit and reflects any verbal promises, etc.
Do you have a bad feeling?
Listen to your gut; if intuition tells you that something is not right, or someone is being dishonest, this is often the earliest sign of a scam. Listen to your gut and look out for more warning signs of a scam, and most importantly never go through with something that makes you uncomfortable.
What are your methods for identifying a scam? Leave a comment.
Recommended article: Timeshare with The Villa Group
All you need to know about Villa Group Timeshare Scams
October 31, 2016
As much as the Villa Group timeshare division aims to provide genuine timeshare memberships and residence club services to its thousands of members, there are instances where in customers might get lured into scams from third parties and fraudsters. Reading this article will help you avoid such situations.
What kind of Villa Group timeshare transactions are scams?
If you are in doubt about whether your purchase of a Villa Group timeshare is scam, consider the source of your purchase. If you purchased directly from a Villa Group timeshare agent at a Villa del Palmar resort, the chances of falling victim to timeshare scams are pretty non-existent. Likewise, if you are planning to buy a Villa Group timeshare, make sure that you only do business with a reliable representative, like those found in the resort offices of distinguished Villa Group resorts. These resorts include Villa del Palmar resorts in Riviera Nayarit, Cancun, Puerto Vallarta, Cabo San Lucas, or the Islands of Loreto. If this is the case, then worrying about a scam is not necessary. Villa Group timeshare scams will only generally affect you if the transaction involves a resale property.
How genuine are timeshare purchases from leading timeshare providers?
As mentioned above, scams are very unlikely if your transaction happened while located at the timeshare resort with an official representative. Nevertheless, even with a direct purchase, and you might still think that what you are into is a scam. If this is the case, to set your mind at rest, you should verify your sale with the timeshare provider (in this example, Villa Group timeshare). Remember that Villa Group timeshare resorts, like most reputable vacation club providers, operate according to the policies and guidelines of ARDA (American Resort Development Association). ARDA is a trade association which represents timeshare businesses in different manifestations.
What to do with Villa Group timeshare Scams?
If you are reading this article because you want to get help with a Villa Group timeshare scam, then most likely it is because you had a transaction with a fake timeshare resale or a resale that had certain limitations on its usage. For example, maybe you purchased a timeshare membership that had outstanding maintenance fee debts that you have to pay before you can use the resort, or maybe there is only 2 years left on the membership that you purchasing thinking you were buying 10 years. These are the kinds of common timeshare scams that might affect any timeshare resale.
These kind of scams advertise themselves through Facebook, newsprints, Ebay or the usual classified internet sites and advertisements. The best approach to minimize your losses is to seek legal assistance. A District Attorney might help with the procedures and actions to lessen the negative effects that you might experience. Although this does not guarantee the full return of the money you spent.
As you can see, Villa Group timeshare scams do not exist per se. Rather, as a rule, you can avoid Villa Group timeshare scams if you avoid resales.