This new breed of con artists are pretending to be a legitimate timeshare business in order to gain the trust of consumers. Numerous resale brokers and even closing companies that have earned the respect and trust of the industry are now being forced to defend themselves against accusations of fraud- only to discover that the consumer was actually victimized by a con artist who assumed the identity of the legitimate company and had no affiliation with the true business.
A new report by Channel 10 KOLN out of Lincoln, Nebraska is just another example of how common this scenario has become.
Consumers should exercise caution when dealing with any type of timeshare transaction, and there are five simple common sense tactics that timeshare owners can learn and use to protect themselves from most forms of timeshare fraud.
Timeshare owners can identify con artist by taking these steps:
Five Simple Ways to Identify Timeshare Scams:
- Unsolicited phone calls are always a scam!
- Upfront frees are always a scam!
- No real estate license is a common indicator of a scam!
- Unrealistic pricing is a common indicator of a scam!
- Inflated closing costs is a common indicator of a scam!
Florida timeshare owners can learn more about these simple guidelines and learn where and how to take action against these thieves by reading the free information and resources for Florida timeshare owners that is posted on Vacation-Times.org by clicking HERE!
Don't allow yourself to become the next victim! Always take your time, research any offer you receive, and go online to contact and verify the business or individual you are working with is actually who they say they are!