Friday, April 15, 2005

Timeshare Scams

Timeshare Scams Can Bilk the Unsuspecting.

It is with good reason that we keep a link on our website where people can enter a business address and see what the BBB has on the company;

Search a business at the BBB.

With the arrival of spring, many families begin to browse travel advertisements in anticipation of summer vacation. Timeshare opportunities are one option that many vacationers find enticing. So, too, do scam artists! We have already posted a blog about scams on the timeshare resale market.

The Better Business Bureau advises consumers who are thinking of buying or leasing a timeshare to exercise due diligence and avoid making a purchasing decision based on price alone.

A timeshare is a major investment. By doing thorough research, consulting reliable sources, asking the tough questions, and getting all details in writing, you can improve your chances for a vacation that lives up to your expectations.

The BBB offers the following tips when considering a timeshare opportunity:
· Does it sound “too good to be true”? Be wary of “great deals” and low-priced offers. How many legitimate businesses can survive by substantially undercutting the prices of their competitors?

· Refuse to be pressured. Legitimate businesses do not demand that you make a snap decision. They welcome your questions and will encourage you to consult with experts and other reliable sources. Do not sign anything you do not understand.

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