Report Abuse

[Q=thomasb746] I know there are a lot of scams out there. How does one know the real from the scams.[/Q] In the case of Mexican timeshares, it's very simple. NO ONE buys resale Mexican RTU contracts, so ANYONE claiming to do so is clearly and obviously a scam operation. Period. In the U.S., some companies (Wyndham for free, Diamond for $250) will take back timeshares, paying nothing to the owner. Only a very few high end companies (Hyatt, Marriott) will ever actually pay anything to take back their timeshares and they will only pay what a resale buyer under contract will pay to a seller, exercising the company's "right of first refusal" (ROFR) to buy it back at that same price the willing buyer was willing to pay. It is generally the current owner's responsibility to find his / her own willing new recipient. Relying upon (or paying) someone else to sell your timeshare is ineffective, very expensive or a complete scam --- maybe even all three.