Friday, January 25, 2013

Timeshare Fraud

Many timeshare owners have been sold timeshares under false pretenses. With today’s economy at an all time low, resort companies and their sales representatives are using unscrupulous tactics to sell their timeshares. In 8 out of 10 timeshare sales we have found the purchaser has been told multiple lies during their sales presentation and purchase.

Some of these lies or so common that they are repeated over and over to consumers, presented as fact, which gets them to sign on the dotted line. It is not until after their rescission period that the truth is uncovered.  We here at Timeshare-Answers call this is TIMESHARE FRAUD. The definition of fraud is
1. Wrongful or criminal deception intended to result in financial or personal gain.
2. A person or thing intended to deceive others, typically by unjustifiably claiming or being credited with accomplishments or qualities.
Some of the most common TIMESHARE FRAUD misrepresentations are as follows:
1. Told you can sell or rent the timeshare for a profit.
2. Travel anytime and anywhere.
3. Resort would buy it back if you’re unsatisfied.
4. The timeshare would appreciate like real estate.
5. Could refinance once you returned home from your vacation at a much lower interest rate.
6. The price you are buying the timeshare for would no longer be valid once you leave the resort.
7. The timeshare is a tax write off.
8. You must be present at a yearly owner updates. (Where of course they try to sell you more timeshare with more lies)
9. All of the timeshare resorts are pet friendly.
10. Maintenance and taxes would never change.

If any of these statements sound familiar, you need Timeshare-Answers. Call us today for a free consultation and learn the truth. Knowledge is power, let us empower you today! 1-888-722-2648 or visit our website Timeshare-Answers.com

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