ITRA | Avoiding Timeshare Fraud When Getting a Timeshare Refund

In recent times, there have been increasingly more timeshare complaints. People are complaining about fraudulent firms, abuse of their interests, exorbitant interest rates, online scams, being bribed by timeshare representatives and more. Other complaints being filed by people are escalating fees when it comes to maintenance of their timeshares, difficulty getting their balance exchanges and so on. Here are some of the things that you could do to avoid timeshare fraud when getting a timeshare refund.

1. Do not buy timeshares on the spot. Any company that will be trying to force you into buying a timeshare immediately without thinking it over is most likely not looking at your best interests. A reputable timeshare company such as ours will give you contacts to our sales office so that if you would have any questions later on you can have them answered so that you can make an informed decision rather than a rushed one.

2. Enlist the services of a lawyer to look through the contract: If you are contemplating signing a contract with us, we will advise you to have a lawyer present so that you can be assured there is no timeshare fraud that is taking place. A qualified lawyer will be able to spot any discrepancies in the contract if there are any. By having your solicitor present, you reduce the chances of any timeshare complaints cropping up down the road. Any company that does not give you a copy of the contract that they would like you to sign for review by your lawyer is most likely not a straight forward company.

3. Do some research on our timeshare company: Where most investors fail is by not conducting the proper research beforehand to ensure that they are dealing with a reputable company. This is why there are increasing numbers of people seeking to be represented in a timeshare class action. When listening to a presentation from a timeshare company, search online about anything that mentions that particular company. Chances are if a victim was scammed by that company, there will be some testimonials online complaining about their business practices.

4. Never pay any fees upfront: If a company is asking you to put down some money before the deal has been sealed, chances are you are getting involved in timeshare fraud. Watch out for the different ways that they may choose to label this fee such as an appraisal fee or a market analysis fee.

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Our objective is to support the consumer in timeshare disputes. We have discovered a pattern of abuse, deception and even fraudulent issues that have been systematically perpetrated by many of the major timeshare industry players to the detriment of owners.