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Timeshare Complaints: The Top Five.

Timeshare Complaints: The Top Five.
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Timeshare reviews are full of complaints. Learn the most common ones and avoid becoming a timeshare victim; as soon as you hear these lies told usually in sales presentations, say "no, thank you" and walk away from the sales rep.

Selling fraudulent timeshares in Mexico is becoming a common practice as is becoming harder to reach the goals timeshare managers have every month.

The following is a list of the 5 most common timeshare complaints. Please share this information with others to prevent your friends and family from falling victim to timeshare scams in Mexico.

Timeshare Complaint #1 - Guaranteed Rental Income

The most common timeshare complaint is the promise of guaranteed rental income for timeshare weeks. Many clients are enticed into buying a timeshare, or buying a larger package than they need or can afford, because the salesperson presents the timeshare as a financial investment. The salesreps claim that the client’s timeshare weeks will be deposited into their marketing program and rented out by them.

In reality, after the client has purchased and returned home, they are referred to an outside rental agency. The rental agency will charge an upfront fee to list the property. The timeshare weeks are typically never rented, and when the client tries to contact the rental agency or the timeshare resort, their calls and emails are ignored.

Timeshare Complaint # 2 - Guaranteed Resale of Previously Owned Timeshare

Most vacationers who already have a timeshare membership are not interested in purchasing another membership due to the high maintenance fees involved in timeshare ownership. The salespeople are very aware of this, and as a sales tactic, they promise to resell, trade in, or do an equity exchange for the previously owned timeshare in order to subsidize the purchase of a new timeshare contract.

Some organizations will create an equity exchange agreement. The client believes that the resort will take over their old timeshare, which means that they will no longer be responsible for paying the maintenance fees. Other resort refer clients to an outside resale agent. The resale agents draft up a contract stating that the sale of the other property will be completed in 90 – 120 days. Within this time period, the timeshare resort tries to offer incentives, such as discounts, if the client pays for the timeshare in full. This is because they are aware that the previously owned timeshare will not sell, but they still want to ensure that the client remits their full payment. The promised of a guaranteed resale or trade in of an old timeshare is one of the most financially detrimental timeshare complaints because the client is left buying a new membership, without the profit from the old membership, and has to pay maintenance fees on both properties.

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Timeshare Complaint # 3 – False Annuity Programs

Some timeshare salespeople claim that the resort has relationships with major banks that will offer an annuity program. The timeshare salesperson claims that if the purchaser pays an additional 5% of the timeshare purchase upfront to an outside organization, the purchaser will get the benefit of the use of the timeshare, and receive the entire purchase price of the timeshare back at the end of the contract from the annuity program. This is another ploy to ask for upfront fees for a service that does not exist.

Timeshare Complaint # 4 – Maintenance fees increase continously

Another common timeshare complaint is the verbal promise that the maintenance fees are fixed and will not increase for the life of the contract, essentially, locking in the cost of the vacation. Unfortunately, this claim is not true, and the timeshare owners find themselves responsible for maintenance fees that increase far more rapidly than the rate of inflation. The increasing costs of maintenance fees, coupled with the affordable online travel deals available today, negates any benefit of owning a timeshare. In fact, taking a vacation to a timeshare resort is often more expensive, when you factor in the flights, maintenance fees, food etc. than booking an all-inclusive deal to the same resort online.

Timeshare Complaint # 5 – Special Assessments fees

Increasing maintenance fees are not the only timeshare complaint that owners experience. Some timeshare resorts are also implementing special assessments every 5 years or so, which in effect, double the maintenance fee for that year. The timeshare resorts claim to be using the special assessment for special projects or to cover costs incurred by unexpected circumstances; however, most of the resorts that are imposing special assessments do not have valid reasons to do so. If you have been sent a bill for a special assessment, ask the resort to clearly outline each expenditure that it will be used for, as well as how your maintenance fees were spent. If it does not seem valid, contact Mexican Timeshare Solutions for a free assessment of how we can help you to cancel your timeshare contract.

If you have experienced any of the above timeshare scams, do not hesitate to contact us at Mexican Timeshare Solutions. We help clients with all types of timeshare complaints to cancel their Mexican timeshare contract and recover their hard-earned money. Contact us today for our free advice on how we can help you to resolve your timeshare complaint.

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30 Comments
  • Jorge January 19, 2016, 10:59 am

    Muy de acuerdo , ojala me hubiera enterado antes de todos los problemas que conlleva tener un tiempo compartido , me hubiera ahorrado mucho dinero y sobre todo corajes con el resort, hasta hace poco me acabo de librar del tiempo compartido y creanme que fue lo mejor que pude hacer, piensen e investiguen bien antes de comprar uno .

  • BrendaMay 26, 2015, 8:54 pm

    Are u for real? I haven't been able to even find an attorney to help my husband credit has been ruin! Can u really help or do I have to pay high income to get out of it, I've tried for so long to find someone to help and we end up at a dead end all the time. Most companies claim to help and their a scam to? How do u know they are for real?

  • PatrickMarzo 19, 2015, 10:35 pm

    This Resort we have is called Piney shores they lied about a lot of things. You can't sell it nor rent it because nobody wants them. We'll me and my wife bought this garbage in 2009 and want out fast. We were scam 3 Times Lost Over 3,000 dollars. This monthly thing and maintenance fees are a joke. I m tired of the lies and stealing our money. I have 4 back surgeries and they don't care if you work or not. Please help my family get out of this deed. All Timeshare have deeds if they say you don't your lied to. I want out badly out of this contract.

  • EliasDecember 15, 2014, 10:55 pm

    They never help, apparently they just try to manage the situation and tell us that everything is fine but it doesnt , and the i dont trust on any timeshare people anymore

  • lastrodeo1October 8, 2014, 10:04 am

    There are good time shares out there. However, most of them have a waiting list of qualified buyers to purchase when the owners decide to sell.....If its being heavily promoted, pushed or tarted up to look good, assume its trash and don't waste your time. If you want a good time share, you will still have to pay for it but go through legitimate channels.....

  • JimJuly 31, 2014, 8:52 am

    Timeshares are a total and complete rip-off! I don't know of any decent financial counselor that will tell he/she made money on a timeshare.

    Just do what I did - attend the presentation for 1 hour, take the free tickets, say no, and leave. Worked for me. That was 20 years ago. Nowadays, I wouldn't even waste the time.

  • charles.berger12July 11, 2014, 2:31 pm

    I wouldn't buy a timeshare, not even for a buck!! Timeshares are a purchase and not a financial or real estate investment, even if it's a resale. You'll have to pay all the annual fees and could get into a big debt. Learn how people are trick into thinking that timeshares are a growing asset.

  • Mildred SouchetJune 20, 2014, 3:25 pm

    I want to get out of my contract with legacy vacation club. The timeshare is already paid. I want to know if you have other clients with the same goal with legacy vacation club, before Celebrity Resort (I bought to them). Thank you for the information I can get.

  • Mildred SouchetJune 20, 2014, 3:24 pm

    I want to get out of my contract with legacy vacation club. The timeshare is already paid. I want to know if you have other clients with the same goal with legacy vacation club, before Celebrity Resort (I bought to them). Thank you for the information I can get.

  • olimpiaMay 23, 2014, 8:00 am

    I posted a comment, anything was wrong? OK thank you

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