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cash for timeshares (by Lance C.):

angelap231 wrote:

I made an inquiry with this company too. After sitting through the 45 minute webinar in which they repeatedly tell you that they will not ask for money to get you out of your timeshare...guess what? for $2995 they will buy your timeshare from you. When I asked the rep why the website says there is "no cost to you" and yet they charge $2995, he said "for a very select number of timeshares, we do offer a cash buyout, but your resort doesn't qualify". I guess it's still better than paying for advertising and not getting anything for it. However, I was disappointed that the website says one thing when in reality, it doesn't apply to the majority of resorts!

To me, that's essentially bait-and-switch. They "bait" you by implying that they will buy your timeshare. 90% or so of timeshare owners want to sell or unload their timeshare so this sounds like a good opportunity.

Then, when an owner comes to this company, the company pulls the "switch" by saying , "Oh, yours does not qualify. But if you pay us $3000..."

The company running this webinar and operation know full well that 99% of the timeshares out there have zero ,or less, resale value and that basically anyone who comes in looking to sell his timeshare will not qualify for the cash buyout.