The U.S. Federal Trade Commission and Visa have established a joint effort to warn consumers about timeshare resale fraud. Timeshare resale scams have generated a lot of consumer complaints: the FTC ...
Aug. 14—Attorney General Kwame Raoul urged timeshare owners trying to sell the properties to be on the lookout for resale scams. Scammers typically claim to be escrow agents or representatives of ...
In the wake of the financial crisis of 2008 many timeshare owners, who previously wanted to sell their timeshares, suddenly became desperate to do so. Reversals of fortune meant many owners had to ...
You think it’s hard to sell a house? Try selling a timeshare. It’s nearly impossible. That’s why con artists are working the market. They hope to cash in on owners who are desperate for help. “There ...
According to the American Resort Development Association (ARDA), the average transaction price for a timeshare purchase in 2024 was $23,160. While some view timeshare purchases as a way to potentially ...
Recently, the Federal Trade Commission brought forth 191 actions against fraudulent operations engaged in selling timeshare resale services and travel prize packages. According to the agency, ...
The Federal Trade Commission lists 191 actions against timeshare resale scams. June 6, 2013 — -- When Robert Burk of Nevada City, Calif., wanted to sell his timeshare in Lake Tahoe, he researched ...
EXETER, NH--(Marketwired - Sep 24, 2013) - In 2003, when SellMyTimeshareNOW.com (www.sellmytimesharenow.com) was launched, the company's founders did not anticipate that the company would, a decade ...