angry mob cartoon with signs challenging timeshare lies during sale at podium with growing nose

4 Timeshare Lies That Resorts Commonly Tell Potential Buyers.

While the timeshare purchase is sold as an affordable expedition with ideal dates that are too good to pass up – you must understand that you’re still going to pay a premium to vacation this way. Nothing is guaranteed unless it is in writing and you should remain skeptical until evidence is presented or you’ve had time to compare your options.

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Default Resort Leader Embezzled Timeshare Owners for $2 Million.

When greed drives an organization, the consumer normally is the one that pays the price. This was especially true at the Caribbean Service Group (CSG), starting back in 2009 when the original owner passed away. Kathy Tice Craig managed The Woodbourne Estates Resort in Freeport, Bahamas into the ground by embezzling timeshare owners for her own selfish gain.

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$18 Million in Timeshare Resale Fees Stolen From Vacation Owners

Corrine Adams, an 83 years old widow, learned this the hard way. After purchasing a Hawaiian interval with her husband nearly 30 years prior, she decided it was time to move on from the expensive purchase. Her primary reason was the increased cost of maintenance fees. Once she hadn’t been able to travel to the resort for a few years, she grew tired of the unnecessary expense and didn’t want her kids to acquire the burden.

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Woman Requests Timeshare Exit Refund After Deciding to Keep Condo.

When it comes to vacation ownership, many people periodically enjoy their weekly interval before growing tired of its limitations. Whether this be booking concerns or boredom with the resort’s destination, it’s difficult for consumers to see the value once the initial euphoria wears off. But this wasn’t the case for Gisele.

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Can I Sell My Timeshare? 4 Resale Items Worth Considering

After speaking with thousands of timeshare owners over the years, we’ve confirmed that a majority are completely misinformed on the way the resale market works. Some of our clients were even told that purchasing multiple agreements creates multiple revenue streams that’ll cover the purchase while allowing them to travel nearly anywhere.

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Timeshare Tax Assessments on Florida Resort Spark Lawsuit vs Local Appraiser

Despite the Osceola County Property Appraiser’s Office’s timeshare tax assessment of $92.85 million for both 2011 and 2012, Wyndham challenged the obligations of their resort, Cypress Palms, by alleging they only owed around $41.5 million total. According to court documents, Katrina Scarborough processed a proper valuation in Kissimmee, Florida.

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Are Christmas Timeshare Gifts a Good Idea?

Most family members absolutely love it when they receive free timeshare accommodations during the holidays. Although limited availability is usually the cause, some owners have excess weeks or a surplus of points that need to be used. This forces them to hand out intervals at the end of the year. While gifting a weekly interval may seem like a fine Christmas gesture, it can also backfire in a big way.

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