News Flash Archives

cancun

Allegations of customer deception…

Legal Newsline, PHOENIX, AZ
Arizona Attorney General Mark Brnovich announced Dec. 23 that Diamond Resorts Corporation has agreed to settle for $800,000 in a case involving allegations of customer deception…

Timeshare Cancellation News Flash

 


 

“Timeshares as investments”…

Deseret Morning News
When you purchased your timeshare, you perhaps were told that it was an investment that would appreciate over time. Could this be a true statement? Is it legal or even ethical to use this sales tactic on a prospective timeshare purchaser? Beware of claims that appear to create the impression of appreciating timeshare values…

Timeshare Cancellation News Flash

 


 

“We have a buyer for your timeshare”…

Consumer Affairs
Have you received a phone call from a company telling you that the timeshare resale market was “hot” in your area and that they had a buyer for your timeshare? Perhaps they then went on to guarantee that the deal would close. State Attorney General Pam Bondi of Florida has filed suit against a company for doing just that…

Timeshare Cancellation News Flash

 


 

Stand up and proclaim, “Where’s my free Disney tickets?”…

Two Cents, Lifehacker
Can you make it through a timeshare presentation without buying, only to stand up at the end and proclaim, “Where’s my free Disney tickets?” This article speaks to how that can be accomplished with strategic perseverance and a solid exit strategy…

Timeshare Cancellation News Flash

 


 

So you’ve been invited to a timeshare presentation…

Money Crashers
You’ve been invited to a timeshare presentation where you will receive a free vacation AND theme park tickets for two! Should you go? What could possibly happen to you during this presentation? This article explores some of the problematic issues you might experience during a timeshare presentation…

Timeshare Cancellation News Flash

 


 

Threatening foreclosure on your timeshare…

Nolo
You have a timeshare and are currently behind on the payment of your mortgage, maintenance fees, special assessments, or all of them. Soon you receive a letter from your timeshare developer threatening foreclosure on your timeshare. Can they do that?…

Timeshare Cancellation News Flash

 


 

Selling your timeshare through a reseller? Be careful…

Federal Trade Commission (FTC)
If you are thinking about selling your timeshare through a timeshare reseller, be careful! The Federal Trade Commission (FTC) advises that you should go into “skeptic mode” and question everything…

Timeshare Cancellation News Flash

 


 

Spending years in seedy underworld of timeshare sales…

Entrepreneur
Occasionally, someone from the ‘inside’ of the timeshare industry will break ranks and let others know what it’s really all about. Dana McAllef of Daytona Beach, FL rededicated his life to working as a consumer advocate after having spent years in seedy underworld of timeshare sales…

Timeshare Cancellation News Flash

 


 

Despite travel warnings and concerns…

Fox News Travel
Despite travel warnings and concerns regarding security and crime, Mexico has overtaken Turkey as the eighth most popular tourist destination, according to the World Tourism Organization (UNWTO)…

See our blog entry on this subject…click HERE

Timeshare Cancellation News Flash

 


 

Avoid becoming a victim of a timeshare resale scam…

Consumer Reports
Beware of the timeshare resale scam artists! They are waiting out there to pounce upon unwary, desperate timeshare owners looking to sell their burdens. How can an owner protect themselves from the resale scammer? Here is a list to help you avoid becoming a victim of a timeshare resale scam…

Timeshare Cancellation News Flash

 


 

There exists more than a ray of hope…

MPA, Mortgage Professional America
We have all assumed that contracts were legal documents that could not be cancelled, including timeshare contracts. However, contracts may be cancelled due to such breaches as fraud and mistake. There exists more than a ray of hope that you can get your timeshare cancelled…

Timeshare Cancellation News Flash

 


 

Secret compartment within your folder…

Orlando Sentinel, Orlando, Florida
Did you receive your cancellation documents when you were handed your documents folder after purchasing your timeshare? Perhaps they were hidden in a “secret compartment” within the folder…

Timeshare Cancellation News Flash

 


 

An unpredictable and frustrating exercise…

Fox Business News
This article reflects a pretty generic example of the challenges retirees face when coerced into an ‘informational’ or ‘educational’ meeting with a timeshare developer with whom they’ve had a long-standing relationship. In recent years, many developers have transitioned from the deeded system of ownership to a ‘points-based’ arrangement. Almost invariably thereafter, they will entice long standing patrons with promises of greater flexibility and access in the new way of doing things. Don’t be deceived, these ‘educational’ meetings are always a very thinly veiled disguise for a high pressure sales pitch:

For some people, like retirees Don and Irene, timeshares are the perfect vacation solution… They enjoyed being able to plan for their vacation on the same week every year, and they liked the predictability of knowing exactly what to expect at their resort.

However, owning a vacation timeshare can become an unpredictable and frustrating exercise. Here are the three important things to remember to make sure you are getting the most out of your resort purchase… Be a smart consumer from the beginning.

If the person who is working to sell you a timeshare is working on commission, he or she will do everything in his or her power to entice, bully, guilt or manipulate you into signing on to the deal that is the best for their paycheck – not necessarily what is best for your needs or budget.

For example, when Don and Irene bought a timeshare ownership it was for a week of time at the resort. When the resort was sold to a new managing company, their week of time shifted from seven days to a fixed number of points. And while you can’t make a week shorter than seven days, fixed timeshare points can lose value. Like Don and Irene, you may find yourself pumping more and more money into your vacation account for the exact same vacation…

Timeshare Cancellation News Flash

 


 

Abusive sales tactics…

Top Class Actions
Abusive sales tactics are being used by Diamond Resorts timeshare companies to target older buyers, say a retired Arizona couple in a recently filed class action lawsuit. Lester and Liona Harding say that manipulative tactics are employed by Diamond Resorts to create a false bond of trust with its consumers and then abuses it by withholding material information from its elderly customers. Harding, et al. v. Diamond Resorts Holdings LLC, et al., Case No. 2:17-cv-00248, (U.S. District Court, NV)…

Timeshare Cancellation News Flash

 


 

Timeshares in general have no intrinsic value…

The Orange County Register, Orange County, CA
We’ve often taken the position that timeshares in general have no intrinsic value: Case in point, the Orange County, CA tax collector tried to auction 263 timeshares recently for the amounts owed to cover back taxes and maintenance, to no avail…

Timeshare Cancellation News Flash

 


 

Protect yourself with knowledge…

Nolo
Do you know the Florida Timeshare Foreclosure and Right to Cancel laws? If you own a timeshare in Florida, it is important that you protect yourself with knowledge…

Timeshare Cancellation News Flash

 


 

Allegations of customer deception…

PHOENIX (Legal Newsline)
Arizona Attorney General Mark Brnovich announced Dec. 23 that Diamond Resorts Corporation has agreed to settle for $800,000 in a case involving allegations of customer deception…

Timeshare Cancellation News Flash

 


 

Gendarmes have become involved…

The Daily Herald, The Leading Newspaper for St. Maartin and the Northeast Caribbean
It appears that even the French in Marigot are having problems with curbing illegal timeshare resales. And the Gendarmes have become involved…

Timeshare Cancellation News Flash

 


 

Resale Service Providers…

Attorney General Pam Bondi, Florida Office of the Attorney General
Trying to sell your timeshare in Florida? Be careful of fraud when dealing with companies that are known as “Resale Service Providers” under Florida law…

Timeshare Cancellation News Flash