Timeshare Resale Scam
Selling Timeshares?
A friend of mine recently moved to Florida and began selling timeshares. I referred my mother-in-law to her, because she has been talking about selling her timeshare for years now.
Is it typical practice to pay a certain amount before your timeshare sells? She was charged a fee, a large fee, but guaranteed that money back once the timeshare sells.
I was always told that you never pay for anything in advance, especially real estate. And she hasn’t received the paperwork in the mail to sign, so is this even legal??
(She was told the paperwork would be Fed-Ex delievered on Saturday, yet we haven’t received anything.)
In almost all cases if they ask you for money up front is a scam.
BBB alerts consumers of Timeshare Resale scams