Category Archives: Scam

Signs of a Scam

Timeshare: Recognizing the Signs of a Scam

In order to help our readers recognize the tell-tale signs that you might be walking into a timeshare scam, we have invited guest blogger Anna Cooper, from the Timeshareadvisor Blog to share some top tips about recognizing the signs of a scam. Avoid the stress and frustration of a timeshare scam and follow this advice.

Timeshare: Recognizing the Signs of a Scam

“Forewarned is forearmed!”. This old saying is still true especially when you are considering to buy a timeshare. This article aims at forewarning you so that you are more able to distinguish a genuine timeshare offer from a scam.

The following warnings should help you identify when you are heading towards a timeshare scam. Considering these key signs of a scam can help you prevent being a timeshare scam victim.

Instinct

They say “follow your instinct” when determining if a timeshare is real or not. Not everyone’s intuition might be correct, but if you get a hunch about your timeshare transaction, that could be the first sign. Then look for the rest of the signs mentioned below.

Honesty in words and actions

Rate the timeshare company’s dealings with you in terms of its honesty. Has there been instances when you have been told one thing and the reality is another? Simple actions like a promise of breakfast which turns out to be juice and coffee or spending much longer than promised at the timeshare presentation are signs that not everything is what it seems. Also, you might be promised to receive a discount, gift, or incentive but nothing was delivered or you had to pay for it. However, the most clear danger sign is if you are taken to a different resort than the one you expected to visit. This can happen when a rogue taxi driver takes you to the competition’s resort or when the agent working on the street is a fraud pretending to represent a genuine company.

Prominence

Check for the timeshare company’s internet reputation. Even if you find complaints, this information is vital. If there is no trace or any information related to the company, this is a red flag telling you about a timeshare scam you are heading into. Prefer timeshare companies whose reputation is positive and those with 10 years or more in the business. Even finding a complaint is more promising than finding nothing about the company.

Licenses and permissions

Timeshare scammers will not be able to provide you with the correct licenses. Obviously, it can be hard to tell if the license is a forgery, especially when dealing with timeshares in foreign countries. The trick is to only trust agents that greet you in airports, major shopping malls and highly touristic areas as these agents will have to have certain permits to operate in those areas.

Affiliations

A genuine timeshare company will usually be recognized by one of the major international exchange networks, such as RCI or Interval International. These networks and business
partnerships work only with legal and well-known vacation clubs and timeshare companies. A phoney timeshare will have no connections with these networks. If in doubt, check with the exchange company.

First-hand experiences

Not visiting the resort where you are supposedly purchasing a timeshare is another red flag of a scam. Many timeshare buyers base their decisions on the photographs, models, or architectural presentations given to them. These are fine when dealing with a reputable chain or you are located in a sister resort of the same resort chain. However, be very wary of buying a timeshare on a whim from photos.

Related article: The Villa Group Scams Uncovered

cancel your Mexican timeshare

How to Cancel your Mexican Timeshare

Puerto Vallarta, Nuevo Vallarta, Riviera Nayarit, Cozumel, Los Cabos, Mazatlan, Cancun and other locations in Mexico have made the country the number two geographical spot that has a lot of timeshare companies offering timeshares and vacation club memberships. The popularity comes from the area having so many enticing rewards that makes it hard to refuse the timeshare offers given. On the other hand, what if keeping your timeshare membership no longer something you want to do? Are there options available for you to cancel your Mexican timeshare? If so, is the process done with the resort, or will it take legal maneuvers to make it happen? Here is all you need to know about how to cancel your Mexican timeshare.

Your consumer rights when you want to cancel a Mexican timeshare

All purchases are covered by consumer rights—including your timeshare. Mexico has a rescission period (aka “cooling off period”). The rescission period is beneficial to both the company and the potential investor because it allows the customer to try out the timeshare before finalizing the contract for ownership. Now, let’s take a deeper look at what the rescission period means for the timeshare consumer when you want to cancel your Mexican timeshare.

Are you able to cancel your Mexican timeshare contract directly with the resort?

Yes. Even after signing the contract, you have a specific time frame to back out your contract, which is called the rescission period. Ask the resort about how long your rescission period is for your timeshare. That way, you will be able to cancel the contract at the resort without incurring any penalty.

Are you able to cancel your Mexican timeshare after my rescission period has expired?

Once the rescission period has gone by, you won’t be able to cancel your Mexican timeshare contract. Therefore, you need to watch out for companies promising you that they are attorneys that can get you out of your Mexican timeshare membership. What they fail to tell you is that there is no legal way you can get out of your timeshare contract once the rescission period has ended. Even these so-called companies stating that they specialize in getting timeshare memberships canceled are fraudulent. They may offer a free first-time consultation, but they will charge you a fee.

Why do people keep falling for Mexican timeshare cancellation scams?

People keep falling for these scams because the companies seem very promising. They lead you to believe that there is still a way to cancel your Mexican timeshare contract and offer a nice cancellation package to do so. By the time you honor their costly fees, you will think you have canceled the membership, but all you have done is started the loan default process, which still means the contract is being enforced. Anyone telling you they can cancel your timeshare membership after the rescission period is most likely making a false claim they won’t be able to back up legally.

Recommended article: The Villa Group Scams Explored

Breaking a Villa Group Timeshare Contract

Repercussions of Breaking a Villa Group Timeshare Contract

Are you looking for some valuable advice concerning breaking a Villa Group timeshare contract?

Have you been told there are serious repercussions of breaking a Villa Group timeshare contract? You can relax. You are in the right place. Here you will find all you need to know regarding breaking a Villa Group timeshare contract.

Repercussions of breaking a Villa Group Timeshare contract

Perhaps the most important piece of information in this discussion about breaking a Villa Group timeshare contract that you cannot actually break a Villa Group timeshare contract, or any binding contract with any other legitimate timeshare company. It simply is not possible. You have signed a legally-binding contract that cannot be broken, no matter if you lost your job, your dog died, or you can’t get on a plane for health reasons. It sounds tough, but the sooner you face the fact, the quicker you can go about making the most of your situation and the less likely you will be to walk into a timeshare cancellation scam.

What about the cooling-off period?

I can already hear some of you shouting at the screen: “But what about the cooling-off period?” Yes, you are right—I might have been a little extreme in my previous paragraph. The cooling-off period is the only chance you have of breaking a Villa Group timeshare contract. By law, you are given a short period during which time you may cancel your timeshare. However, the likelihood of anyone taking the time to read this article within their cooling-off period is pretty low. If you think you still have time, I suggest you stop reading this and call your timeshare company to find out how long you have to cancel. Or, or click here to read my article about the cooling-off period.

What do you do next?

Now that I have dispelled the myth that breaking a Villa Group timeshare contract is possible, I can go about helping your see your circumstances in a different light. Here are some of the things you can consider when breaking a Villa Group timeshare contract is no longer an option:

1. Enjoy your Villa Group timeshare

It might sound obvious, but the sooner you work out how to use your timeshare, the better. The good news is that although breaking a Villa Group timeshare contract is not possible after the cooling-off period has passed, at least you have purchased from a reputable timeshare company. This means you can potentially visit resorts in Puerto Vallarta, Riviera Nayarit, Cabo San Lucas, Cancun and Loreto. Great news!

2. Bank Villa Group timeshare points

If you purchased Ville Preferred Access membership (which is very likely if you bought a Villa Group timeshare in the last 10 years), you have the option of banking your timeshare points for use in the future (up to five years for full members). While you still need to cover the maintenance fees for these years, you can use the time to save for flights or other expenses. This extra time can help if finances are part of the reason why breaking a Villa Group timeshare contract is on your mind.

3. Avoid timeshare cancellation companies at all costs

Many fraudulent companies would like you to believe that breaking a Villa Group timeshare contract is possible. They won’t tell you that you cannot legally cancel a binding timeshare contract unless you are within the cooling-off period. These companies will take your money (lots of it) and tell you that your timeshare has been cancelled. You will be none the wiser until you receive demands for unpaid dues from your timeshare provider and discover your credit rating is threatened.

We hope this article has set your mind at rest and clarified any doubts you have about breaking a Villa Group timeshare contract. Please leave a comment and share your ideas.

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