Having a timeshare is still a dream come true for some people. However, as cited mostly by owners who are trying to get out of their timeshare units, there are a number of disadvantages in timesharing. Those hefty annual maintenance fees are cited as the number disadvantage for most owners. On the other hand, people who are interested in buying a timeshare should be reminded also that there are a lot of people out there who are just trying to steal their money. People who are looking to purchase a timeshare are often the victims of scams.
These fraudulent activities operate in many ways and we often hear different stories of these every day. Recently, in US, the Attorney General Wayne Stenehjem has ordered a Florida-based company and its operators to stop doing business in North Dakota.
The said attorney general issued the cease-and-desist order against C & G Marketing Associates, which does business as Premier Timeshare Solutions of Palm Beach Gardens, Fla. According to him, the Premier Timeshare Solutions has violated North Dakota consumer fraud and the company’s deceptive sales practices are an absolute scam.
Many said that owning a timeshare is not easy. It comes with financial responsibility that many cannot cope up with and as a result, they want to get rid of their timeshares. For some, they hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. But for those who are planning to buy a timeshare, they should watch out for those scams as it may appear unsuspected in the eyes of consumers. As a matter of fact, in recent years, there has been a rise in timeshare related crimes.