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Timeshare owners also face a myriad of unscrupulous timeshare listing companies looking for large up-front fees with the promise that their timeshare will soon be out of their name. Typically the listing company cannot sell their timeshare, nor do they have an incentive because they can collect another listing fee after the original listing ...
And changing course can be difficult, as timeshares are notoriously hard to sell for anywhere near your original purchase price. Many express regret over paying fees for a timeshare long after ...
Some people buy timeshares as potential investments. But that's often an unwise move, since timeshares aren't investments in the traditional sense, and they don't offer the typical benefits that ...
Timeshare developers contend that pricing compared to staying at hotels in the long term is projected to be lower to the timeshare owner. However, a hotel guest does not have a monthly vacation mortgage payment, upfront cost, fixed schedule, maintenance fees, and preset vacation locations.
An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [1] [2] If a victim makes the payment, the ...
Buying a timeshare property may have seemed like a good idea when you signed the timeshare contract. But if you're taking yet another "staycation" this summer – and really haven't been able ...
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