If someone contacts you claiming to be from Timeshares Only with a buyer for your timeshare and asks for “advanced closing costs,” it is a scam! Call (800) 610-2734 immediately. Above all, you should NEVER pay closing costs in advance and we will never ask you to! Read more to learn about this latest timeshare resale scam.
Consumer Alert — Advisory XIII Timeshare Resale Scam
Published by the American Resort Development Association on July 27, 2016.
The American Resort Development Association (ARDA) and its Resort Owner’s Coalition (ARDAROC) are now aware of fraudulent activity by an individual using the name “Teddy Davis” to defraud timeshare owners. Further, “Davis” is using improper representation of Timeshares Only, a member of ARDA.
“Teddy Davis” is Not Affiliated with Timeshares Only, ARDA or ARDA-ROC
A man using the name “Teddy Davis” is contacting timeshare owners and claiming to be a representative of Timeshares Only. This is
Proceed with Caution
ARDA and ARDA-ROC caution all timeshare owners to be wary of such solicitations. If anyone contacts you claiming to be with Timeshares Only, ARDA urges you to contact the company directly to confirm. The number to contact Timeshares Only is 1-800-610-2734.
If you feel that you have been a part of a scam, contact your local authorities without delay to file a report, reach out to the state attorney general, and file a complaint with the Better Business Bureau. ARDA encourages owners to thoroughly research any company before doing business with them or paying any upfront fees.
For more information about timeshare ownership and tips to ensure a safe buying or selling experience, visit ARDA-ROC’s Timeshare Resale Resource Center.
Thanks for your consideration,
The Management Team at Timeshares Only