Each year the Better Business Bureau compiles a list of the top business scams and frauds that people should be on the lookout for. This year, alongside common contenders such as work from home scams and debt settlement fraud, the BBB added timeshare scams to the list in a shockingly high #4 spot. The only other schemes that topped it were those targeting job seekers (with job hunting scams coming in at #1 and work from home scams at #3) and people struggling with debt (debt settlement scams are #2).
According to the Better Business Bureau, complaints about deceptive or fraudulent timeshare resellers rose an astonishing 40% last year. But when you consider the tough economic times recently, and the fact that the other top-listing scams also targeted those presumably having money problems, the rise in timeshare scams makes a lot of sense.
“…the timeshare resellers market can be a dangerous place”
Timeshares can be a great way for families to affordably take advantage of exotic or desirable locations, however mounting maintenance fees and shrinking incomes often leaves timeshare owners interested in ditching their properties. This opens up a whole new market for scammers, who offer to help sell your timeshare to eager buyers for an upfront cost sometimes ranging thousands of dollars, only to take the money and run.
For people who are already struggling to keep their timeshare (or even their house) out of foreclosure, these are dollars that can’t be wasted. We have been there, and we know how devastating this can be. That’s why TimeshareSecrets.com has gone the extra mile to bring you the most trustworthy and reputable timeshare resale companies in the industry. Rest assured that the companies we recommend are all in excellent standing with the BBB; there’s no timeshare scams here. And they offer their services to you with no up front fees. All you have to do is contact them to discuss your options and you are on your way to being free of timeshare for good.
Our highest rated service is described in detail on this page. You might be interested in learning what they offer. After all, the timeshare resellers market can be a dangerous place!