Category Archives: Timeshare

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

cancel villa del palmar timeshare

Why do people Cancel Villa del Palmar Timeshare?

You can see from the examples below why people can become vulnerable to timeshare cancellation scams. The most common reasons why people seek to cancel Villa del Palmar timeshare is due to family issues such as divorce, bereavement, and illness, all of which are more likely to leave timeshare members open to fraudsters.

Divorce and separation

Divorce is a really common reason that people state for wanting to Cancel Villa del Palmar Timeshare membership; this is especially the case if they bought the timeshare together during the marriage. Nonetheless, you do have other options! It’s not uncommon for divorced or separated couples to share the costs and benefits of a timeshare by splitting the points, or alternating years. This is most common if they have kids; it’s a good way to give the kids their yearly vacation without too much hassle.

Bereavement

If your partner dies and you owned the membership together it can be very, very hard to think about using your timeshare; the memories can be very strong. This is a completely understandable reason to want to be rid of your Villa del Palmar timeshare. We urge you to think carefully before doing so, however, as once the grief dulls you may find these memories in a familiar place a comfort. You can always bring friends and family with you!

Loss of earnings

If you lose your job suddenly it can change your finances quite drastically, and in such times it’s very sensible and normal to cut unnecessary expenses from your budget. Your Villa del Palmar timeshare can fall under this category, of course, but if you’re smart about it your Villa del Palmar timeshare can pay for itself. Look into an agency and see about renting your timeshare.

Sickness

If you or someone you love falls ill it can stop your life in its tracks, and understandably this can lead you to get rid of your Villa del Palmar timeshare, but before you do you should think about renting or lending your timeshare until you are able to travel again.

Inherited assets

It is not uncommon for people to inherit timeshares from family members, and often when this happens they look into cancelling it because they feel they have no time, can’t afford it, or simply don’t know what it offers them. We urge you to give it a go before you decide anything.

It’s not easy to cancel a timeshare after the rescission period (cooling off period) has passed, but there are those who still wish to do so and who are in danger of becoming involved in a timeshare cancellation scam (for more information about timeshare cancellation scams, click here).

Also, read more information about Cancel Villa del Palmar Timeshare here.