Buying a timeshare may seem fun and exciting at the beginning but eventually, people get tired of paying maintenance charges and consider this a huge financial burden. In such conditions, people search for ways to get rid of their timeshare contract and the real struggle begins here. Buying a timeshare is easy but selling them is like a nightmare. Also, there are scammers all around who can act as potential buyers and make you fall into their trap. So stay aware. Do not fall for such timeshare scams. Here we have got you covered with some effective tips that may save you from getting involved in a timeshare scam. Just give this article a read.
Do Not Share Any Information Via Phone Calls
One fine morning you may receive a call and the caller promises you to buy your timeshare by paying your expected price. Sounds like a huge relief right? But it is not. It is the most common scenario of timeshare selling scams. So the first tip here we have does not to trust an unknown caller. Do not reveal any of your personal information via phone call. Do not let them know anything about your financial status.
Runaway If The Offer Sounds Too Good To Be True
Most of the time scammers use fancy words, offer a great unexpected price and promise to take care of legal hassles as well. Don’t fall into such traps. If the offer sounds too good to be true you need to consider it as a sign of a red flag. Remember there is very less chance for you to sell your timeshare and earn a great amount of profit. So if the deal sounds great then you are maybe communicating with a scammer.
Always Take Advises From A Timeshare Lawyer
If you somehow manage to find a potential buyer who looks genuine to you then it’s time to consult a timeshare lawyer about the deal. Let your lawyer know about the offer. As such lawyers are dealing with timeshare matters for a very long time so they can easily detect timeshare selling scams. So if you like to continue with this buyer first talk to your lawyer.
Do Not Pay An Advance Amount To The Reseller
Sometimes scammers introduce themselves as a reseller and promise to resell your timeshare within a great price deal. In such cases, they ask for an advance payment and they call it a registration fee. Do not pay any advance amount without checking the reliability of that reseller. You never know that reseller could be a scammer whose intention is to steal your hard-earned money.
We hope these above-listed tips will keep you aware and safe from these smart scammers. Also do not ever share your bank details with any reseller. Do not click on any random links. Stay aware and be safe.