Timeshare Scams – Top 10 Signs

Timeshare Scams - Top 10 Signs

Timeshare these days has a pretty clean reputation Most timeshare companies offer legitimate solutions for those seeking to get hold of a home overseas minus the gargantuan responsibilities that go with it. Sadly, there are some scammers out there who try to spoil all the fun, coming up with timeshare scams and deceptions that taint the reputation of respected timeshare companies. Everyone should be cautious of potential timeshare scams as becoming victims of these can mean loss of time, money and effort.

Before purchasing timeshare, take some time out of your day to read about the top 10 signs of timeshare scams. Be wise enough not to be fooled.

  1. Having to pay for your timeshare gift
  2. The first warning sign of a timeshare scam is if you are made to pay for your timeshare incentive gift. Genuine timeshare companies encourage potential clients to attend a timeshare presentation by offering incentive gifts. Genuine timeshare companies will not make your pay for these gifts, unless they come as a discount for something like a restaurant or tour, in which case you will pay the remainder.

  3. Not the resort you signed up for
  4. The second most alarming sign that you are about to be involved in a timeshare scam is if you are taken to a resort that is not the same as advertized by your original agent. That is, you think that you are attending a presentation at a particular hotel, but then at the last minute your taxi driver takes you to a different place. Always insist on going to the location that you agreed to go.

  5. Offsite Offices
  6. After your presentation, some timeshare scammers may take you to a different office away from the resort that you have viewed to prepare your “timeshare contract.” You may even be offered a cheaper deal there to encourage you to sign. This kind of behaviour is sure to be a scam. You will find that you hand over cash and then be left with a fake timeshare membership at a non-existent timeshare resort.

  7. Contract to be sent in the post
  8. Another sign you are walking into a timeshare scam if if you are encouraged to hand over money for your timeshare membership before you have seen, read or signed a contract. If the timeshare company hasn’t provided you with a valid contract, you are in a danger of finding yourself involved in a scam.

  9. Online scammers
  10. Purchasing a timeshare resale online can pose a great risk due to the way that scammers can manipulate modern technology these days. Better to find out about the company you’re dealing with first; it can be your best protection against being scammed.

  11. Timeshare companies claiming to cancel your timeshare
  12. There are timeshare scam companies that will tell you that cancellation after the cooling off period is possible with a fee. Remember that this can’t be done, and most likely you’re dealing with a fraudulent timeshare company.

  13. Asking for Upfront Fees
  14. A sure sign of a timeshare scam is when a company asks you for upfront fees. When the time comes and you want to rent or sell your timeshare, you will find a number of timeshare companies that offer their services for an upfront fee. As a rule, those timeshare companies taking commissions after the successful rental or sale of your timeshare are a better bet.

  15. Phone calls out of the blue
  16. Receiving phone calls out of the blue offering to sell, rent or buy your timeshare is a good sign of a scam. If you have not approached a company for information regarding this, this kind of call is a sign of a potential timeshare scam.

  17. Upgrading or purchasing your old timeshare as down payment
  18. It’s very unlikely that a true timeshare company can include an option of letting you trade your membership to one of their competitors, especially after the cooling off period. If you are offered this, it is probably a timeshare scam, so stay away from such offers.

  19. Being taken to a different venue
  20. When someone introduced himself as a salesperson of a particular resort, but takes you to another venue with a different name during the timeshare presentation, it can be a tell-tale sign that you are heading into a timeshare scam. Always check the name of the resort where you are supposed to be heading.

Related:
Timeshare Scams Explained
Timeshare Cooling Off Period Explained

Banking and Borrowing Timeshare Points at Villa del Palmar Timeshare Resorts

Villa del Palmar Timeshare

Villa del Palmar timeshare resorts have long been trendsetters when it comes to flexible vacation club membership. Owned and operated by the Villa Group, which is amongst the best timeshare providers and vacation clubs in Mexico, their utilisation of a points system makes timeshare easy to tailor to individual needs. The ability to borrow and bank points when managing your Villa del Palmar timeshare membership is something that not all vacation club members have. Villa del Palmar timeshare is all about customer satisfaction, which includes flexibility and quality.

Banking Villa del Palmar timeshare points

If you are a full member with a Villa del Palmar timeshare you can bank up to 100% of your points allocation for up to five consecutive years if you need or wish to, and if you’re a biennial member you can bank the current period of usages points to use during the next period of use. The banked points of full members have a lifespan of five years and can be used for all the same things as allocated points. You can use them to book accommodations on a first come, first served basis, and even for services and meal plans if you wish to!

If you are behind on maintenance fees, however, you may be denied the right to bank your Villa del Palmar timeshare points, and even if you are up to date you will still need to bank them before the cut-off date each year to avoid late fees.

Borrowing Villa del Palmar timeshare points

If a special occasion sneaks up on you, you have the option of borrowing some points in order to upgrade any aspect of your vacation, including how long you stay, the kind of unit your reserve and how many times you visit your Villa del Palmar timeshare . Full members can borrow from up to five years in the future, and use borrowed points to book up to two years in advance, whereas biennial members can borrow from only the next period of usage. Once again the right to borrow points is subject to your keeping up with maintenance fees etc, but this is not generally an issue for most.

Beware that you cannot use Villa del Palmar timeshare points that have either been banked or borrowed for holiday weeks (Easter (x2 weeks), Thanksgiving, Christmas, New Year and President’s Week).