How to Avoid Scams When Cancelling a Timeshare Contract

More people than ever are trying to get out of their timeshare contracts. Many owners are looking to cancel their timeshare contract to save money, while others are looking to simply rid themselves of the stressful ownership. However, as the numbers of available properties on the resale market rise, so do the instances of timeshare resale fraud. These scams are quickly becoming the number one consumer fraud complaint in the country, and the need to protect yourself from these potentially costly scams is a very real one. Learn how to protect yourself from timeshare resale scams and successfully cancel your timeshare contract at the same time.

How to Recognize a Timeshare Scam

The Better Business Bureau has been warning timeshare owners for years to beware of timeshare scams. Unfortunately, despite their efforts to educate, thousands of people are scammed each year. The easiest and most effective way to avoid these scams is to know how to identify timeshare resale scams. Common indicators include:

• Unsolicited contact
• High-pressure to sign immediately
• Outrageous upfront fees before service is rendered
• Vague on the details of their business
• Little to no information available about company
• Outstanding consumer complaints
• Poor or no rating with the Better Business Bureau

What You Can Do

If you feel like you have come into contact with a timeshare resale scam, there are professionals that can help you. Reputable timeshare resale companies can help you get out of your timeshare contract quickly, easily, and without charging you ridiculous fees without providing you with any real service. Take the time to research these companies before you make any commitments to ensure you are working with a trustworthy and qualified professional service that can help you get rid of your timeshare once and for all.