Most [timeshare companies][1] are taking advantage of people, often those who are more vulnerable and less able to resist hard sales tactics. I have heard of many cases where maintenance costs rise well above inflation. It would appear the timeshare companies lock people into contracts and then drive up their profits though increased maintenance charges. It would be good to see legislation whereby timeshare companies can only charge "reasonable" maintenance costs and not use this annual fee to fleece people's bank accounts.
As an advice, NEVER buy a [timeshare ownership][1] anywhere. It is a scam and the so-called timeshare you buy is sold over and over again to other people. It is very difficult to sell your timeshare now and renting isn't in the deal. It will cost you more to buy a timeshare and maintenance fee than to rent a hotel room or a full ownership of a condo. Don't do it
BetzabethTaylor says...
Most [timeshare companies][1] are taking advantage of people, often those who are more vulnerable and less able to resist hard sales tactics. I have heard of many cases where maintenance costs rise well above inflation. It would appear the timeshare companies lock people into contracts and then drive up their profits though increased maintenance charges. It would be good to see legislation whereby timeshare companies can only charge "reasonable" maintenance costs and not use this annual fee to fleece people's bank accounts.
[1]: http://www.timesharescam.com/blog/115-t…
On Baha Mar names three hotel managers
Posted 8 November 2013, 11:12 a.m. Suggest removal
BetzabethTaylor says...
As an advice, NEVER buy a [timeshare ownership][1] anywhere. It is a scam and the so-called timeshare you buy is sold over and over again to other people. It is very difficult to sell your timeshare now and renting isn't in the deal. It will cost you more to buy a timeshare and maintenance fee than to rent a hotel room or a full ownership of a condo. Don't do it
[1]: http://www.timesharescam.com/blog/154-t…
On Nassau Palm's new owners in $8m upgrades
Posted 8 November 2013, 11:11 a.m. Suggest removal