As much as timeshare companies are scam artists, perhaps the worst offenders are firms which say they will buy your timeshare from you if you buy one of their ‘better’ ones.
A lot of people are so desperate to get rid of their troublesome timeshares that they will jump at any offer to transfer ownership so these unscrupulous firms find themselves with plenty of customers.
It sounds like a good idea, doesn’t it?
Don’t be fooled. These timeshare resale companies don’t want to help you. Here at Timeshare Help, we’ve seen a huge number of people who say that they took the word of these companies and bought a new timeshare with them, only to be saddled with two timeshares that they don’t want or can’t use.
These companies do not set out with the intention to sell your old timeshare on. All they want to do is get you to buy a new timeshare with them.
They claim that they will take care of the whole transfer process but customers never hear any more information on the sale of their old timeshare. When they question it, they find that they still own the first one.
They also find that the new timeshare company claim that they had no intention of selling the first one and that this was explained to them in the beginning. Of course, this is not true.
They are now expected to keep up with the payments for two timeshares. When you consider that an annual maintenance contract can sometimes cost £2,000 or even more, this is a huge amount of money people are losing. Customers with two timeshares are given no special deals and find themselves suffering the same problems that made them want to sell their first one. It just happens to be twice as many.
Timeshare Help has dealt with a huge amount of requests from people to terminate not one but two timeshare contracts because they simply cannot afford the payments for the annual maintenance contracts.
There are many of these companies operating here in the UK. A former company, Timeshare Wanted, would cold call customers and invite them to a presentation in Reading with the promise of buying and selling their timeshares. As is the standard method of operation, customers were then simply scammed into buying new timeshares.
If you have had dealings with firms offering to buy your timeshares on the provision that you buy another, get in touch with Timeshare Help today. You don’t have to suffer in silence. We are here to help.