Beware Of Fraudulent Timeshare Exit Companies
Fraudulent exit companies have recently flooded the timeshare scene, with numerous companies promising to help owners exit their property. However, many of these companies use tactics to lure owners looking to sell their timeshare using their fraudulent real estate services. Don't just take our word for it -
check out these real examples of timeshare fraud related to exit services that involve Better Business Bureaus and Attorney Generals. To determine whether or not you are using a legitimate timeshare resale company, thoroughly research the company and read
ARDA's consumer advisory on resale companies in the timeshare industry for helpful tips and red flags.
Recognize The Signs Of Timeshare Fraud
If you are looking to sell your timeshare without upfront fees, chances are you should not do business with a
third-party timeshare exit company
. Any company promising to relinquish a timeshare owner of their property with a 100 percent guarantee while requesting thousands of dollars in upfront fees should not be trusted. Many of these companies have pushed owners further in credit card debt with timeshare exit scams, losing thousands and leaving them with an unsold property.
How To Exit A Timeshare
Before you seek to exit your timeshare, examine the possibility of renting out or exchanging your property to ensure you get the most out of your timeshare. Contact your timeshare company first. Your timeshare developer may have their own exit program. With numerous
benefits of timeshare ownership
, exiting your property should be your last resort. If you are desperate to get out of timeshare, it is important to review all of the different
ways you can safely exit
your property without succumbing to a fraudulent exit company. Visit
for more information from ARDA about exiting your timeshare.
to see recent timeshare exit fraud alerts.