You might have heard before that timeshares are an expensive purchase, and this is not always wrong. The truth is that timeshare companies earn thousands of dollars by selling vacation properties, under the promise that it is a smart investment. Nevertheless, nowadays it is not unusual to find a cheap timeshare for sale in many websites, being that a lot of timeshare owners are desperate to get rid of their “smart investment”.
Timeshare: An industry that generates billions of dollars
Timeshare ownership has become one of the most profitable segments of the tourism industry. According to ARDA (American Resort Development Association), the timeshare industry generated over $45 billion dollars in 2013. However, this industry has a terrible reputation. Thousands of vacationers all over the world have become victims of timeshare scams, and this numbers increases every year.
Cheap timeshare for sale
It is very likely that you will find a cheap timeshare for sale on eBay, or any other sales website. Some units are being sold for even less than a dollar. Unfortunately, many timeshare owners purchase with the assumption that they will be able to resell their unit for an equal price to the originally paid, but the truth is that timeshares are overpriced, and they are extremely difficult to be sold. Therefore, the owners have no other choice, but to sell their properties for a really low price.
Timeshare = Expenses
A cheap timeshare for sale is not a good purchase. When a timeshare is paid in full, there are still lots of financial responsibilities attached to it. These are some of the timeshare fees that need to be covered by the owner:
- Timeshare maintenance fees
- Special assessment fees
- Trading fees
- Membership fees
It is very important to highlight, that these fees must be paid, whether you use your timeshare or not.
Getting out of your timeshare
If you have become a victim of a cheap timeshare for sale scam, the good news is that there is a way out. At Mexican Timeshare Solutions, we specialize on cancelling timeshare contracts. Our associates have several years experience in the timeshare industry and are successfully able to resolve timeshare scam cases in an ethical and professional manner. Contact us today for a free consultation and get out of your timeshare NOW!
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