How to Spot Common Means of Timeshare Fraud

Timeshare fraud is a very common problem. Many things are misrepresented along the way and customers are frequently taken advantage of. If you are planning on getting involved in timeshare ownership, there are a few things that you will want to watch out for. Here are a few tips on spotting common means of timeshare fraud.

Misrepresenting Accomodations

Many times, the unit that you are shown as part of the timeshare tour is nothing like the unit that you get when you buy. You need to make sure that you know exactly what your unit is going to look like and whether it is anything like the "show unit." Ask them to see a different unit if you are unsure of what you are getting. 

Large Upfront Fees

Most of the time with a timeshare, you will have to pay some sort of a deposit and then finance the balance of the sale over time. If a company is asking for large amounts of money upfront, you should be cautious. Some timeshare scams try to get as much money as they can on the front end and then do not follow through with their promises. Make sure the deposit that they ask for is in line with the industry. 

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