Vacation Ownership Consultants: Beware of Timeshare Resale Scams
Apr 13, 2021
Vacation Ownership Consultants - Timeshare Resale Fraud
With the timeshare resale scam running rampant, the Federal Trade Commission and state consumer protection agencies began to shut down dishonest timeshare resellers for bilking timeshare owners out of millions of dollars.
Scams flourish during times of despair. Many timeshare owners are facing financial hardship or lifestyle changes to remain safe during a pandemic. If we think back to the most recent financial crisis, an industry of timeshare resale schemes popped up overnight with a devastating effect.
In 2008, with the collapse of the economy and crash of the stock market, many homeowners found themselves no longer able to afford their homes much less the timeshare that they had purchased in a moment of weakness.
Because a timeshare is oftentimes a "lifetime" obligation to pay maintenance, taxes and fees, it is a liability, not an asset, that many people could no longer either afford or want.
Faced with the prospect of ever increasing maintenance fees, and desperate to get rid of the so-called "vacation of a lifetime" many timeshare owners turned to the timeshare resale market in an effort to be relieved of their lifelong obligation to pay ever-increasing dues and fees.
Into this vacuum of desperate owners wanting to sell, jumped the timeshare resale scammers.
Read the full article to brush up on your history of the industry's pitfalls and protect yourself from falling victim to the new era of predatory schemes here: https://vacationownershipconsultants.com/owning-a-timeshare-and-canceling-the-contract/.
Vacation Ownership Consultants
Press Release Service by Newswire.com
Original Source: Vacation Ownership Consultants: Beware of Timeshare Resale Scams
More News
Netflix Docuseries ‘The One About Matthew Perry’ Is a Tragic, Mournful Portrait of Addiction: TV Review
There are not a lot of famous people in “The One About Matthew Perry.” None of the late actor’s “Friends” castmates sat for an interview for the three-part Netflix docuseries; neither did Perry’s longtime friend and “Simpsons” star Hank Azaria, who knew Perry as a striving young actor in L.A., or later collaborators like Bradley […]
‘Sex & the City’ Cast Net Worths Revealed, Ranked Ffrom Lowest to Highest
Sex and the City is an iconic TV show that remains in pop culture conversations to this day! The HBO […] The post ‘Sex & the City’ Cast Net Worths Revealed, Ranked Ffrom Lowest to Highest appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
'A way to escape': Fan excitement as new ACOTAR book hits shelves
About 40 fans of A Court of Thorns and Roses series celebrated at a "lock-in" event in Carrickfergus.
Meghan Markle to Appear as Special Guest on ‘Junior MasterChef Australia’ in 2027
Meghan Markle just secured her next television role! The Duchess of Sussex will appear on Junior Masterchef Australia, according to […] The post Meghan Markle to Appear as Special Guest on ‘Junior MasterChef Australia’ in 2027 appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Vanessa Hudgens Teases New Music, Shares Photo & Video From Recording Studio
Pop music emergency – Vanessa Hudgens is BACK in the studio!!! The 37-year-old actress and singer just took to Instagram […] The post Vanessa Hudgens Teases New Music, Shares Photo & Video From Recording Studio appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Bill Kramer Says AMPAS Plans To Expand List Of Festivals That Can Serve As Qualifiers For The International Oscar Category
The Academy of Motion Picture Arts and Sciences will expand the list of festivals that can serve as standalone qualifiers for the International Film Oscar category, AMPAS CEO Bill Kramer confirmed this morning during an interview with Deadline at the Tokyo Film Festival. Kramer, who has become a frequent fixture on the international festival circuit […]
Adam Brody Reveals What He Regrets About His Proposal to Leighton Meester
Adam Brody is dishing on his marriage proposal to wife Leighton Meester. The 46-year-old Nobody Wants This star popped the […] The post Adam Brody Reveals What He Regrets About His Proposal to Leighton Meester appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Barry Keoghan Reveals He’s Had a Skin-Tightening Treatment: ‘I Feel Better About Myself’
Barry Keoghan has undergone a couple of cosmetic procedures for his skin, including a skin-tightening treatment. The 34-year-old Oscar nominee […] The post Barry Keoghan Reveals He’s Had a Skin-Tightening Treatment: ‘I Feel Better About Myself’ appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Jay-Z to perform at Super Bowl half-time show
The rapper has been involved with the show for years but has never before performed at the NFL championship game.
Meghan to co-host Junior MasterChef Australia
The Duchess of Sussex says she "can't wait" to take part in the programme, which will air next year.
Rolf de Heer & Fellow Tokyo Jury Members Talk Festival ‘A-List’ Ratings, Co-Production & How To Judge Films
Australian filmmaker Rolf de Heer, president of the competition jury at this year’s Tokyo International Film Festival, talked about the significance of ‘A-list’ ratings for film festivals at the jury press conference today. Tokyo has recently had its status as an A-list festival reaffirmed by the Fédération Internationale des Associations des Producteurs de Films (FIAPF), […]
Taylor Swift Says Brad Paisley Filled Her Tour Bus With Thousands of Crickets at Hall of Fame Induction
Taylor Swift has been inducted into the Nashville Songwriters Hall of Fame. The 36-year-old pop star attended the 56th Nashville […] The post Taylor Swift Says Brad Paisley Filled Her Tour Bus With Thousands of Crickets at Hall of Fame Induction appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Recommended
BAFTA Names New Chair
Lewd, Leering and Reveling in Opera’s Queerness
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.