Posts

Showing posts from October, 2022

The Deceptive Timeshare Sales Pitch

       Every prospective owner should always be aware of what kind of timeshare they are being sold. Contract prices and terms can be totally different for two buyers, even though they purchased at the same resort, on the same day. But one common feature is that what is said during the sales pitch usually doesn’t reflect the reality of the contract terms being signed. Timeshares are shrouded in restrictions and costs not readily apparent to the consumer, and typically have a much higher cost than simply booking the room online. They are pushed to consumers through deceptive presentations, often taking 4 to 6 hours that create stressful situations during what should be a relaxing vacation. Timeshare Differences While each case is different, there are two main types of Timeshares: Shared ‘Deeded’ Ownership : These represent ‘true’ Timeshares, in that the room is treated legally as a property owned by the resort condominium and a 1/52 nd interest (a week) is sold to ...