Timeshare Exit Scams: How to Protect Yourself from Fraud
Learn to identify and avoid common timeshare exit scams
When timeshare owners look for ways to exit, they often encounter scammers promising fast, guaranteed solutions. These fraudsters take advantage of frustrated owners, charging high upfront fees and disappearing. Here's how to spot and avoid timeshare exit scams.
1. Red Flags of a Timeshare Exit Scam
- 🚩 Upfront Fees Without Guarantees
Scammers demand thousands of dollars upfront with no proof of success.
- 🚩 "100% Guaranteed" Promises
No legitimate company can guarantee an exit without reviewing your contract first.
- 🚩 Cold Calls & Unsolicited Offers
If someone calls you out of nowhere, be cautious. Legitimate companies don't randomly reach out.
- 🚩 Fake Legal Threats
Some fraudsters claim you could be sued or arrested if you don't pay them. This is a scare tactic.
- 🚩 No Written Agreement
A real company provides clear terms and contracts before any payments are made.
2. Common Types of Timeshare Exit Scams
- 🛑 Resale Scams
Claiming they can sell your timeshare for a big profit (even though resale value is nearly $0).
- 🛑 Fake Legal Services
Charging for nonexistent lawsuits or class actions.
- 🛑 "Donation" Scams
Asking you to donate your timeshare in exchange for an upfront fee.
3. How to Find a Legitimate Exit Company
- ✓ Proven Track Record
Look for verified reviews and success stories.
- ✓ Licensed and Accredited
Check credentials with legal and consumer protection agencies.
- ✓ No Pressure Sales Tactics
Real companies educate; they don't pressure you into signing immediately.
Work with Trusted Professionals
If you're considering exiting your timeshare, don't fall for scams. NW Advisors Group has a proven track record of legally helping owners exit their timeshares.
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