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Daniel L.
I want to say that If you signed a legally binding contract when buying your timeshare then there's no attorney This is one of the reasons of forums are here.
Behzad E.
Thank you for suggestion. Just for letting you know I already did and they respond back that it's not in their jurisdiction. Clearly they are in Mexico.
Nilza H B.
Was it a lawyer in the US or Mexico? Did you get out of your contract completely?
Nilza H B.
Lance - doesn’t it affect Credit score if you just stop paying them?
Nilza H B.
Donah- how did you get out of your contact? I just stop paying them?
Jerry S.
I am at a nice resort with nice enough staff. This is a different approach to T S scams. There is a fellow here buying them in eBay for just a few dollars and renting to a network of friends. He brags that he has 30! How can he rent them for a couple hundred dollars with a maintenance fee of $400 each?
Lance C.
jerrys533 wrote:I am at a nice resort with nice enough staff. This is a different approach to T S scams. There is a fellow here buying them in eBay for just a few dollars and renting to a network of friends. He brags that he has 30! How can he rent them for a couple hundred dollars with a maintenance fee of $400 each?
Where is this resort, one with a maintenance fee of only $400? And who is this fellow?
Tom M.
I to was duped by timeshare. This site provides proof of how they are scamming you: https://timesharethewholetruth.com/
Don P.
Your website looks interesting . I hope it grows .I book marked it .
Debbie D.
MTS DIEGO REYES GONZALEZ ADVOCACY IS A SCAM TIMESHARE CANCELLATION SERVICE THAT EXISTS TO ROB VICTIMS OF MEXICAN TIME SHARE SCAMS OF MORE MONEY. IF YOU ARE A US CITIZEN THAT BOUGHT IN MX AND WANT OUT, JUST STOP PAYING. THEY HAVE NO JURISDICTION OVER YOU.
Chip F.
Omni Ellis is a scam. For over a year now all I hear is we sent out a letter to Diamond Resorts and we have to give them 60 days to reply. Over and over again the same thing. I have asked repeatedly for copies of letters supposedly sent and I have not received one thing. We were told when we signed a contract that we would now not have to pay another cent to Diamond Resorts but once you are in the contract, you are now told that you may have to pay the annual maintenance so DR doesn't turn you in for collection. AVOID AVOID AVOID SCAM SCAM SCAM as much as the actual timeshares themselves.
Last edited by phyl21 on Jun 04, 2020 04:03 PM
Don P.
I keep repeating over and over again . Never pay anyone money upfront that claims they can get you out of your contract !
Den
We have heard over and over again. People are looking for a good and safe way to exit. So, what approach do you recommend that is safe and effective??? What would you do beyond "never paying any money upfront?" ...........
donp196 wrote:I keep repeating over and over again . Never pay anyone money upfront that claims they can get you out of your contract !
Last edited by dennish144 on Jun 05, 2020 09:03 AM
Don P.
Pick up the phone and call your home resort and ask them to take it back . Make sure you get the person that handles the titles . Let them know that you are going to get rid of your week with or without their help and that it would be in their best interest to work with you . I got rid of two timeshares that way in 2011 .
Another option is to rent out your unit until you exit . Even if you don't recover your maintenance fees at least you can off set some of the expenses . I would let friends or relatives use it before I lose my week .
The point is to be proactive . Don't throw money away on some scam operation . Make a point to call every week or so . The squeaky wheel gets the grease .
Lance C.
dennish144 wrote:People are looking for a good and safe way to exit. So, what approach do you recommend that is safe and effective??? What would you do beyond "never paying any money upfront?"
In addition to Don P's suggestion, try listing your unit for sale or giveaway here in RedWeek's Bargain Basement. Other reputable websites are My Resort Network, E-Bay, Craigslist, and Timeshare Users Group (aka "TUG"; tugbbs.com) where you can advertise for free that you want to give your unit away. If you offer to pay closing costs and maybe even the next maintenance fee, that will still work out a lot cheaper than paying these upfront fee exit companies.
Luisa Q.
Has anyone heard of Sellmytimesharenow and Worldwide Property Transfers? Are these legit companies that really get you out of your timeshare?
Don P.
Never pay anyone money upfront that claims they can get you out of your contract !!
Irene P.
SellMyTimeshareNow is a listing/advertising company. They tend to inflate the price of a timeshare to justify their listing fee. I spoke with one of their agents a few days ago. He refunded a listing fee of $1598 to list a studio timeshare. The owner said the SMTN representative suggested a listing price of $6995. If they did suggest a listing price, that would violate a Florida statute, because suggesting a listing price requires a real estate license. I had the timeshare owner contact a member of the Licensed Timeshare Resale Broker Association (LTRBA). The LTRBA member said he would list the studio timeshare for $1500 but she would be lucky to break even after commission and transfer fees, IF sold. Licensed brokers charge nothing upfront. I then contacted another LTRBA member I know. He asked what the first LTRBA broker had been smoking. He said would not want the listing, but said $100 to $500 is what he would suggest. When presented with this information, SMTN refunded the listing fee. Call a LTRBA member to see if a timeshare is worth listing. https://www.licensedtimeshareresalebrokers.org/
Lance C.
luisaq wrote:Has anyone heard of Sellmytimesharenow and Worldwide Property Transfers? Are these legit companies that really get you out of your timeshare?
Irene gave you the lowdown on SMTN. It's just a listing company. As for WPT, I've never heard of them before. It's not recommended in the timeshare industry to use these companies, law firms, or charities that claim they can exit you from or "cancel" your timeshare. Some are scams. Some just charge you thousands of dollars to do what you can do yourself.
If you want to get rid of your unit, first make sure that the loan or mortgage on it is paid off and the maintenance fees are paid up. Then you can try contacting the resort asking if it will take your unit back. Also, you can try to advertise that you want to give your unit away.
As Don P said, never pay any company upfront that claims it can cancel your timeshare.
Stu M.
luisaq wrote:Has anyone heard of Sellmytimesharenow and Worldwide Property Transfers? Are these legit companies that really get you out of your timeshare?
Others in this Forum have clearly answered your questions about those specific companies, and fairly pleaded with you not to waste money on "we'll get rid of your timeshare for you" outfits of any kind.
In addition, and assuming your timeshare is paid off, do the math: How much would some outfit charge you to "get rid of" your timeshare for you? I hear $5000 is typical, but have no direct knowledge. Now compare that amount with what you would spend if you ran and ad on Redweek (and maybe others) and GAVE (for $1 consideration) your timeshare to someone AND paid all closing and half or all of the first year's maintenance fee. Would you save some money? Would you also have certain knowledge that your timeshare was truly gone?
