Another timeshare exit scam has come to end. Two Pinellas County, Florida men were sentenced in the latest timeshare exit scam that took place between 2015 to 2018. Fourteen co-conspirators also came forward to admit their part in the scheme.
Are you seeking a way to exit your timeshare? We want to make you aware of the most popular timeshare exit scams. While you may be ready to sell your timeshare, we recommend thoughtfully approaching how you go about selling or exiting it. Many untrustworthy companies prey on owners. They understand timeshares are an emotional topic.
The latest verdict against a timeshare exit team arrived last week. Arkansas Attorney General Leslie Rutledge ruled that Real Travel, Inc. and its owners were committing fraudulent acts against the timeshare owners they promised to help. The consent judgment found the defendant with charges amounting to $500,000.
While the world was seemingly put on hold over the past few months due to the COVID-19 pandemic, some hospitality companies are starting to welcome guests again. Whether it be timeshare resorts, restaurants or retail stores, the entertainment section of our lives definitely took a hit. However, the United States is lifting restrictions on a state-by-state basis, and some states on a county-by-county basis. Below is the latest updates regarding timeshare resorts and travel.
ARDA ROC, a non-profit entity that advocates for preserving, protecting and enhancing the vacation ownership lifestyle continue to warn timeshare owners about third-party exit companies. Their reminders come frequently, especially after major exit firms are brought to court for misleading practices. At this time, the American Resource Management Group (ARMG) or Resort Release, filed for bankruptcy. With their motion, they are under investigation for scamming thousands of timeshare owners.
Don’t let the Kilauea volcano eruption impact your Hawaiian travel plans! It is safe to travel to Hawaii now.
Timeshares Only and Fidelity Real Estate have proudly teamed up with ARDA (American Resort Development Association) to successfully get a house bill signed by Gov. Henry McMaster of South Carolina. The bill will create greater safeguards for timeshare owners. The law defines vacation timesharing plans and includes consumer protection provisions. Effective immediately, this law will address deceitful business practices in the timeshare secondary market.
Timeshare owners who want to sell their vacation ownerships often realize that getting rid of a timeshare is much trickier than acquiring one. After all, if you purchased your timeshare directly from the developer, the sale was probably just a matter of signing on the dotted line. Timeshare resales aren’t quite that simple, and there are many misconceptions about how they work.