Timeshare Blog and Resources
Buyer Beware! 3 Timeshare Traps to Watch Out For For decades, the timeshare industry has made pie-in-the-sky promises to consumers, hooking them into lifetime contracts that leave far too many customers feeling ripped off. If you don’t want to fall victim to a timeshare scam, you’ll need to be aware
A timeshare can certainly affect a person’s credit score. When you buy a timeshare, you’re owning a portion of the vacation property. The firm you buy the timeshare or finance the timeshare from informs all the credit bureaus about your payment details. If you fail to make your monthly loan payments
Many people assume fractional ownership comes under the umbrella term of timeshares. However, this isn’t the case. Both are different property or asset ownership models. While they both allow “shared ownership,” and there are certain similar characteristics, there are differences well. Let’s look at these differences. Investment Value and Equity
Many people believe that buying a timeshare can help them plan and execute their dream vacations. After all, what could be better than knowing you have a place ready for your annual vacations? It sounds perfect, doesn’t it? Timeshares agreements aren’t as simple and generous as they’re made out to be.
Source: Central District of California SANTA ANA, California – Federal authorities today arrested four defendants charged in a 29-count grand jury indictment alleging they scammed dozens of timeshare owners out of more than $5 million by using boiler room tactics and lying that they could provide them financial relief. The