By Matti Pennington
If you are looking for a way to get out of your timeshare, it’s important to protect yourself from scam timeshare companies.
A legitimate timeshare resale company will never reach out to you unsolicited. Unless you have given permission for them to contact you, this is illegal.
Today’s timeshare resale scams are more tech-savvy, being able to manipulate the phone number that shows up on caller ID. Never pay up-front closing costs.
Timeshare exit lawyers will say that there is no resale market and offer their “services” for thousands of dollars. This is not true.
They take your money and never transfer the timeshare out of your name, resulting in additional expenses to clean up those maintenance dues you stopped paying.
If you are trying to sell your timeshare or get out of paying maintenance fees, the best thing to do to avoid scams is to contact your resort or developer.
Most of today’s best vacation clubs and resorts are Members of ARDA, the American Resort Development Association. ARDA Members must follow a strict Code of Ethics, which protects timeshare owners.