Top 22 Lies Frequently Told During Timeshare Sales Presentations

Timeshare Attorney points out the most common lies told during the timeshare sales presentation;

  1. A timeshare is a good investment.
  2. Your time is an investment that will increase in value.
  3. You can sell your timeshare if you don’t use it or don’t want it anymore.
  4. You can easily sell your timeshare and make a profit.
  5. Owning a timeshare is cheaper than paying for future vacations.
  6. You can rent your timeshare out to cover your maintenance fees.
  7. The resort will rent out your timeshare for you and you can make a profit.
  8. Your maintenance fees won’t increase, or they won’t go up very much.
  9. The sales presentation will only last 90 or 120 minutes.
  10. The resort will buy back your timeshare if you no longer want it.
  11. The resort will buy back your timeshare and you will make a profit.
  12. You can trade-in your old timeshare or travel club membership for this new and improved timeshare.
  13. If you buy a timeshare, it’s easy to make a reservation and you can stay there whenever you want.
  14. If you buy our timeshare, you can travel anywhere in the world whenever you want.
  15. It’s just an owner’s update meeting.
  16. A timeshare is a tax write off.
  17. You’ll be able to refinance your purchase later at a lower rate of interest.
  18. This presidential suite on the ground floor is the type of unit in which you will be staying if you buy this timeshare.
  19. We don’t rent units to non-owners or members of the public.
  20. Your family members can use your timeshare for free.
  21. Today is the only day when you can get this great price.
  22. If you get sick or have financial hardships, we will let you out of your timeshare contract.

If you were told any of these things, and they proved to be untrue, you may wish to contact an experienced timeshare attorney for a free consultation to see if you are entitled to cancel or rescind your timeshare contract, and/or to try to recover damages.

“The choice of a lawyer is an important decision that should not be based upon advertising alone.”

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What Will Happen To You If You Stop Paying Your Timeshare Fees?

What happens if i stop paying my timeshare.

Have you found that your maintenance fees are always increasing and that paying for your timeshare is increasingly difficult? So, what happens to you if you stop paying your timeshare fees?

Here are at least five things that can happen to you if you stop paying the fees called for in your timeshare contract, including the maintenance fees.

And they are all bad.

1. The resort can send you into collections and you may receive harassing phone calls, communications, and letters.

2. The resort can report you to the credit reporting agencies and ruin or damage your credit.

3. The resort can send you into foreclosure and you can lose the title to your timeshare, and get stuck with attorney fees and costs of publication of the foreclosure notice. The foreclosure can be placed on your credit report.

4. The resort can file a lawsuit against you for breach of contract and try to recover all of the fees that are owed under the contract by executing on your assets after it obtains a judgment against you. The judgment will likely appear on your credit report android or damage your credit.

5. Not even Death cancels timeshare fees. The person that inherits your timeshare owes the fees. As a creditor, the resort can file a claim against your estate in probate court.

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If you were lied to by the resort during your sales presentation, you may have the right to rescind or cancel your timeshare contract. Only a judge or arbitrator can cancel a timeshare contract without the Agreement of the resort.

If you believe that you were lied to you during your sales presentation, you may wish to contact a timeshare attorney experienced in timeshare law who can tell you whether or not you have a case for cancellation or rescission.

The choice of a lawyer is an important decision and should not be based solely upon advertisements.

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