Mexico is a beautiful country, surrounded by stunning beaches and
exotic landscapes; it is the perfect vacation spot and a desirable
getaway. Every year, millions of tourists from all over the world arrive
to Mexico with the expectation to have a great vacation. However, there
is something that scores of vacationers complaint about: the constant
timeshare hassle. Timeshare scams in Mexico
are on the rise, and people should be watchful about this. Know the
timeshare regulations in Mexico and what to do if you feel you were
scammed.
Timeshare industry in Mexico
Just after the USA,
Mexico is the second country with more timeshare developments in the
world. While vacationing in Mexico, it is very common to be approached
on the streets by several OPC’s (Outside Public Contact), who are the
ones in charge to invite people to thetimeshare presentations.
There are testimonials of people who have felt stalked and harassed by
them, as they can be very persistent. Even so, there are some
vacationers who accept the invitation in order to get the free gifts
they are offered to go.
It is completely ok to go and
attend the sales pitch, on the other hand, vacationers should be very
careful as these presentations are very high-pressure and many people
end up signing the dotted line. Remember that timeshare salespeople
can give you loads of verbal promises, but without any written
confirmation. Do not underestimate their ability to do timeshare sales,
they do it every day and they very good at it. Visit our Black List of
Timeshare Fraud Resorts to know the most fraudulent timeshare companies
in Mexico.
Timeshare Regulations in Mexico
Due
to the big number of timeshare complaints, the Mexican authorities
decided to strengthen the already existed timeshare regulations. On
October, 2012; the Mexico’s Consumer Protection Agency (PROFECO) along
with the Mexican Resort Development Association (AMDETUR), signed a
collaboration agreement to improve and fortify the timeshare consumers’
rights. Some of the main clauses decreed in this timeshare agreement are
the following:
Immediate attention mechanisms will be promoted by
AMDETUR members, in order to offer prompt, timely and quality attention
to the consumers.
* Advertising: PROFECO will prosecute a
monitoring of the publicity made by the timeshare providers, in order to
verify if they follow the Federal Law on Consumer Protection.
*
Both PROFECO and AMDETUR agreed to arrange training courses for their
members, regarding the timeshare providers’ obligations and the
consumers’ rights.
* Personal data protection: Obligations and responsibilities were established to protect the privacy rights of consumers.
Being scammed in a foreign country
Unfortunately,
regardless of the several warnings about timeshare scams in Mexico,
many vacationers have become victims of timeshare fraud there.
Nevertheless, please do not judge the whole country for an unfortunate
event. Be assured, that the vast majority of Mexicans are hard working
and honest people. Timeshare cancellation is possible, even after the
rescission period has expired.
If aMexican timeshare fraud sounds
familiar to you, you have come to the right place. At Mexican Timeshare
Solutions, we assist timeshare purchasers who feel they were scammed.
MTS is the only company that doesn’t charge any upfront fees, if we
cancel your timeshare contract we get paid, if not, you don´t waste any
money. Contact MTS for a free consultation on how we can help you to
release you from any timeshare obligation in a legal-reliable manner.
lunes, 23 de marzo de 2015
Timeshare Relief – Is it a trustable company?
Timeshare companies are
known for using unethical tactics to sell their vacation memberships.
Attractive gifts are usually offered to vacationers in order to make
them assist a timeshare presentation. Every year, thousands of people
around the world become victims of one of the biggest travel frauds that
have ever existed: The timeshare scams.
Getting rid of a timeshare is not an easy task, in fact, in could be almost impossible. Desperate to give away their properties, many timeshare owners become an easy target for more scammers. Timeshare Relief in one of the better known companies that claim to give away your timesharesuccessfully, but, is it a trustable company? We invite you to read this article to find out the answer to this question.
Timeshare Exit Companies
With a market full of many defrauded timeshare owners, there are many timeshare exit companies that claim to get you out of your contract. This could be great news for the people who have been scammed with the purchase of fractional ownership, if it wasn’t for the fact that most of these companies are just an extension of the original scam.
Timeshare companies are known for using unethical tactics to sell their vacation memberships. Attractive gifts are usually offered to vacationers in order to make them assist a timeshare presentation. Every year, thousands of people around the world become victims of one of the biggest travel frauds that have ever existed: The timeshare scams.
Getting rid of a timeshare is not an easy task, in fact, in could be almost impossible. Desperate to give away their properties, many timeshare owners become an easy target for more scammers. Timeshare Relief in one of the better known companies that claim to give away your timesharesuccessfully, but, is it a trustable company? We invite you to read this article to find out the answer to this question.
Timeshare Relief is a company based on Torrance, California. They claim to have successfully helped over 85,000 timeshare scam victims, and to provide their clients a 100% guaranteed solution. They help their clients, by removing their names from the contract and by transferring the title to someone else.
Timeshare relief is, per se, a timeshare transfer company. According to the BBB, there is an alert the business and a total of 17 complaints since March 10, 2013. The company is NOT BBB accredited. Due to the infraction of several laws, in 2012, Timeshare Relief had to pay a penalty of $13,950 USD.
A viable solution to get rid of your timeshare
We understand that you might be dubious about any company that offers a reliable solution to get you out of your timeshare contract. Many people have been scammed over and over again, without finding a final resolution to their problems.
Because of that, at MTS, we do not charge any upfront fees, we free consultations and work strictly on a contingency basis to provide the assuredness to clients that we will work on the client’s side. Contact us today for your free consultation and get ready to cancel your timeshare as soon as possible!
Getting rid of a timeshare is not an easy task, in fact, in could be almost impossible. Desperate to give away their properties, many timeshare owners become an easy target for more scammers. Timeshare Relief in one of the better known companies that claim to give away your timesharesuccessfully, but, is it a trustable company? We invite you to read this article to find out the answer to this question.
Timeshare Exit Companies
With a market full of many defrauded timeshare owners, there are many timeshare exit companies that claim to get you out of your contract. This could be great news for the people who have been scammed with the purchase of fractional ownership, if it wasn’t for the fact that most of these companies are just an extension of the original scam.
Timeshare companies are known for using unethical tactics to sell their vacation memberships. Attractive gifts are usually offered to vacationers in order to make them assist a timeshare presentation. Every year, thousands of people around the world become victims of one of the biggest travel frauds that have ever existed: The timeshare scams.
Getting rid of a timeshare is not an easy task, in fact, in could be almost impossible. Desperate to give away their properties, many timeshare owners become an easy target for more scammers. Timeshare Relief in one of the better known companies that claim to give away your timesharesuccessfully, but, is it a trustable company? We invite you to read this article to find out the answer to this question.
Timeshare Relief is a company based on Torrance, California. They claim to have successfully helped over 85,000 timeshare scam victims, and to provide their clients a 100% guaranteed solution. They help their clients, by removing their names from the contract and by transferring the title to someone else.
Timeshare relief is, per se, a timeshare transfer company. According to the BBB, there is an alert the business and a total of 17 complaints since March 10, 2013. The company is NOT BBB accredited. Due to the infraction of several laws, in 2012, Timeshare Relief had to pay a penalty of $13,950 USD.
A viable solution to get rid of your timeshare
We understand that you might be dubious about any company that offers a reliable solution to get you out of your timeshare contract. Many people have been scammed over and over again, without finding a final resolution to their problems.
Because of that, at MTS, we do not charge any upfront fees, we free consultations and work strictly on a contingency basis to provide the assuredness to clients that we will work on the client’s side. Contact us today for your free consultation and get ready to cancel your timeshare as soon as possible!
What is Rescinding a timeshare?
We all have experienced buyer’s remorse,but to buy timeshares
that are ridiculously expensive and practically worthless, must be one
of the most painful experiences for you and your pocket. However, there
is always a bright side, and in this case, the bright side is that there
is a way to get out of timeshare legally. Learn more on what is rescinding a timeshare, and how to do it efficiently and properly.
What is rescinding a timeshare?
Rescinding a timeshare is a legal way to cancel a timeshare contract, sometimes with the possibility to get your money back and usually within a certain number of days, this depending on the place where you purchased the timeshare. In Mexico, there is a 5 day cancellation period, and even though sometimeshare salespeople might ask you to sign away your right to cancel during the sales presentation, you still have the legal right to rescind.
Unfortunately, most people regret their timeshare purchase after the rescission period has expired, and that represents the beginning of a one on one battle with the resort to fight for the timeshare cancellation. Desperate to recover the money they have lost, timeshare scam victims become an easy target for other fraudulent companies that claim to be the solution to all of their problems.
If you feel you were scammed with your timeshare, it is time to rescind! Like thousands of vacationers in Mexico who are in your same situation, you do have the right to rescind, even when the rescission period has expired. We at Mexican Timeshare Solutions treat each case individually, we offer each of our clients a free consultation with one of our associates to gather more information about your specific situation and advise you about how we will go about canceling your contract. Contact us today for your free consultation, and get ready to rescind!
What is rescinding a timeshare?
Rescinding a timeshare is a legal way to cancel a timeshare contract, sometimes with the possibility to get your money back and usually within a certain number of days, this depending on the place where you purchased the timeshare. In Mexico, there is a 5 day cancellation period, and even though sometimeshare salespeople might ask you to sign away your right to cancel during the sales presentation, you still have the legal right to rescind.
Unfortunately, most people regret their timeshare purchase after the rescission period has expired, and that represents the beginning of a one on one battle with the resort to fight for the timeshare cancellation. Desperate to recover the money they have lost, timeshare scam victims become an easy target for other fraudulent companies that claim to be the solution to all of their problems.
If you feel you were scammed with your timeshare, it is time to rescind! Like thousands of vacationers in Mexico who are in your same situation, you do have the right to rescind, even when the rescission period has expired. We at Mexican Timeshare Solutions treat each case individually, we offer each of our clients a free consultation with one of our associates to gather more information about your specific situation and advise you about how we will go about canceling your contract. Contact us today for your free consultation, and get ready to rescind!
How do I know if I was a timeshare scam victim?
The sale of timeshare ownership
has become an enormously profitable way for resorts to generate
additional income. In essence, buying a timeshare means that you get to
share a vacation property with different parties, usually divided by 52
weeks. If you are interested in getting one of these properties, it is
very likely that you have to assist a sales presentation, where you will
be pushed at a certain point to sign a sales agreement. But, how do I
know if I was a timeshare scam victim? In the following paragraphs we
will tell you the most common lies said during timeshare presentations.
Timeshare scams: One of the most popular frauds in Mexico
Mexican timeshare fraud has been increasing over the last years, this according to PROFECO, the Government’s Consumer Protection Agency in Mexico. Only this year, from January to April, 478 complaints about 20 different timeshare companies have already been filed, but that is only the beginning. After the complaint is filed, it takes a long time to accomplish a conciliation of the case, and that is not always possible.
Before buying a timeshare in Mexico, it is very important that you get to know your timeshare cancellation rights. When you purchase a timeshare in Mexico, you have 5 business days to cancel the contract; this after the contract is signed. Another important thing to know, it’s that under the Mexican law, verbal promises are not valid if they are not written. Therefore, you should read your contract very carefully before you sign it
Timeshare scams: One of the most popular frauds in Mexico
Mexican timeshare fraud has been increasing over the last years, this according to PROFECO, the Government’s Consumer Protection Agency in Mexico. Only this year, from January to April, 478 complaints about 20 different timeshare companies have already been filed, but that is only the beginning. After the complaint is filed, it takes a long time to accomplish a conciliation of the case, and that is not always possible.
Before buying a timeshare in Mexico, it is very important that you get to know your timeshare cancellation rights. When you purchase a timeshare in Mexico, you have 5 business days to cancel the contract; this after the contract is signed. Another important thing to know, it’s that under the Mexican law, verbal promises are not valid if they are not written. Therefore, you should read your contract very carefully before you sign it
Timeshare Properties
Timeshare industry is known for being very susceptible to scams;
however, timeshare properties are still a successful business for most
resorts. In these times of rough economy, it is important to take care
of our money, and timeshares are not in the way to achieve the financial
security that we are all looking for. Learn more about timeshares and
how to get out of the contract in case you have been scammed.
Contrary to what salespeople say, timeshare properties should never be considered as an investment, but only as a purchase and a vacation option. A timeshare is a depreciating asset, which means that it loses its value as soon as you purchase it. In fact, timeshares are close to be financially worthless.
Time shares can be sold as a piece of real estate or use rights. The units are usually bigger than a regular hotel room, and most of them include two bedrooms, a kitchen and a living room. The typical form of ownership is the timeshare weeks program, in which the person owns a specific week of the year, but there are also other programs, such as the points-system, the floating time and the splited-week.
Before embarking on buying timeshare properties, we recommend you to follow these 5 tips:
Survive the high-pressure presentation: Yes, timeshare presentations are extremely high-pressure and the salesmen will do and tell you anything to get a sale done. Do not act in a hurry and ask as many questions as possible. If you don’t feel comfortable during the presentation, just walk away.
Know the numbers: Timeshare prices are anything but cheap, and we need to highlight that the purchase price is not the only expense to cover. There are maintenance fees, trading fees, membership fees and many other costs involved. Do the math to find out if a timeshare is really what you are looking for.
Do a research on the company: Manytimeshare companies are known for having a dubious reputation. Do an internet research on the company to find out if it is a good option to purchase a timeshare.Look out for complaints, reviews and any other information that might be relevant for you.
Talk to other owners: It is always good to find out personally what the current timeshare owners of the resort think about their purchase. However, just keep in mind that not everyone has the same needs. Look for an objective point of view to get your own conclusions about the product.
Do not consider your purchase as an investment: This is perhaps what on the biggest mistakes that timeshare purchasers commit. Do not purchase a timeshare to make money out of it. It is almost impossible to rent it, and even so, it is not a good option to stay at for most vacationers, being that they could stay at any other resort for a cheaper rate. Also, the resale price will fall down abruptly.
Contrary to what salespeople say, timeshare properties should never be considered as an investment, but only as a purchase and a vacation option. A timeshare is a depreciating asset, which means that it loses its value as soon as you purchase it. In fact, timeshares are close to be financially worthless.
Time shares can be sold as a piece of real estate or use rights. The units are usually bigger than a regular hotel room, and most of them include two bedrooms, a kitchen and a living room. The typical form of ownership is the timeshare weeks program, in which the person owns a specific week of the year, but there are also other programs, such as the points-system, the floating time and the splited-week.
Before embarking on buying timeshare properties, we recommend you to follow these 5 tips:
Survive the high-pressure presentation: Yes, timeshare presentations are extremely high-pressure and the salesmen will do and tell you anything to get a sale done. Do not act in a hurry and ask as many questions as possible. If you don’t feel comfortable during the presentation, just walk away.
Know the numbers: Timeshare prices are anything but cheap, and we need to highlight that the purchase price is not the only expense to cover. There are maintenance fees, trading fees, membership fees and many other costs involved. Do the math to find out if a timeshare is really what you are looking for.
Do a research on the company: Manytimeshare companies are known for having a dubious reputation. Do an internet research on the company to find out if it is a good option to purchase a timeshare.Look out for complaints, reviews and any other information that might be relevant for you.
Talk to other owners: It is always good to find out personally what the current timeshare owners of the resort think about their purchase. However, just keep in mind that not everyone has the same needs. Look for an objective point of view to get your own conclusions about the product.
Do not consider your purchase as an investment: This is perhaps what on the biggest mistakes that timeshare purchasers commit. Do not purchase a timeshare to make money out of it. It is almost impossible to rent it, and even so, it is not a good option to stay at for most vacationers, being that they could stay at any other resort for a cheaper rate. Also, the resale price will fall down abruptly.
When can you cancel a timeshare contract?
Why should I cancel my timeshare contract?
For many years, the appeal of timeshare ownership in a hot vacation spot attracted millions of buyers. However, the industry has been gaining a bad reputation. The truth is that timeshares might be suitable for some people, but the big scam about them is that timeshares are being sold using unethical methods. As a result of this, there are thousands of timeshare owners who are willing to do anything to get rid of their units. When can you cancel a timeshare contract? Read this article to find out!
Time shares are an expensive purchase, and with the economy as it is in the current time, it is difficult to maintain one. These are some reasons why you should cancel your timeshare contract:
You will no longer have to pay any timeshares fees, such as maintenance and special assessment fees.
You will have the freedom to vacation wherever and whenever you want.
You will no longer have to deal with any threatening calls from the resort, trying to remember you to pay your fees
Forget about timeshare debt collections, your credit report will no longer be affected
You will not waste any more time trying to sell or to rent your timeshare, you will no longer be stuck with it!
Timeshare cancellation should be done as soon as you don’t feel happy with your purchase. If you experience buyer’s remorse just a few days after you signed the contract, you should know that there is a rescission period in every timeshare contract, which depends on the country where you purchased your timeshare.
In Mexico, there is a 5 business day cancellation period. If you are still under your rescission period, you should send the resort a certified letter requesting the cancellation of your contract. However, if the rescission period has expired, it is better if you look for legal help. Beware of Timeshare cancellation companies that ask you for an upfront fee to assist to in your case.
Contact:
www.timesharescam.com
Toll-free: 888-275-3595
Telephone: 714-277-3662
Mexico: 334-162-5467
info@timesharescam.com
For many years, the appeal of timeshare ownership in a hot vacation spot attracted millions of buyers. However, the industry has been gaining a bad reputation. The truth is that timeshares might be suitable for some people, but the big scam about them is that timeshares are being sold using unethical methods. As a result of this, there are thousands of timeshare owners who are willing to do anything to get rid of their units. When can you cancel a timeshare contract? Read this article to find out!
Time shares are an expensive purchase, and with the economy as it is in the current time, it is difficult to maintain one. These are some reasons why you should cancel your timeshare contract:
You will no longer have to pay any timeshares fees, such as maintenance and special assessment fees.
You will have the freedom to vacation wherever and whenever you want.
You will no longer have to deal with any threatening calls from the resort, trying to remember you to pay your fees
Forget about timeshare debt collections, your credit report will no longer be affected
You will not waste any more time trying to sell or to rent your timeshare, you will no longer be stuck with it!
Timeshare cancellation should be done as soon as you don’t feel happy with your purchase. If you experience buyer’s remorse just a few days after you signed the contract, you should know that there is a rescission period in every timeshare contract, which depends on the country where you purchased your timeshare.
In Mexico, there is a 5 business day cancellation period. If you are still under your rescission period, you should send the resort a certified letter requesting the cancellation of your contract. However, if the rescission period has expired, it is better if you look for legal help. Beware of Timeshare cancellation companies that ask you for an upfront fee to assist to in your case.
Contact:
www.timesharescam.com
Toll-free: 888-275-3595
Telephone: 714-277-3662
Mexico: 334-162-5467
info@timesharescam.com
Why are prices so low on the timeshare resale market?
Most timeshare owners that want to get out of their timeshares,
usually their first choice is to sell it, but selling a timeshare is
not as easy as it sounds and barely holds a financial value on the
resale market. On the other hand, the more savvy buyers have benefitted
from the low prices and huge selection of the timeshare resale market.
Read this article to know why are prices so low on the timeshare resale
market.
Buying a Timeshare on the resale market
You can find timeshares on the resale market for a lower price than the initial purchase price. But when you buy a timeshare on the resale market, you need to take in consideration that you don’t only have to pay the price, there are more costs involved, for example: the maintenance fees.
It is important to understand that timeshare is not an investment; you are only purchasing the right to use the property for a period of time.
Also read: Buy timeshares – What’s the big risk about it?
Selling a Timeshare on the resale market
As we know, there are no easy ways to sell a timeshare. One of the timeshare complaints is that they are almost impossible to sell.
Some people choose to sell their timeshares on eBay, but if you take a look, there are at least 1200 timeshare units listed, and the numbers are increasing every day. You can find timeshares for pennies, besides there is a big list of units.
Selling a timeshare takes time and is costly, that’s why many timeshare owners are scammed by timeshare resale companies. These companies ask you for an upfront fee, and as soon as they have your money, you won’t hear from them again.
Timeshares lose more than 50% of their original price at the moment timeshare agreement is signed.
The bad economy and the horrible reputation that timeshare properties have gained during years, represent the biggest difficulties when selling timeshares.
To understand why are prices so low on the timeshare resale market we need to know that the main reason is that the supply greatly exceeds the demand, which means it won’t be easy to sell a timeshare fast, and that’s why timeshare owners list their timeshares for a lower price than the original purchase price.
A big number of timeshare owners desperate to dump their properties because they can’t pay the maintenance fees or annual fees any more, choose to list their timeshares on the resale market. But the problem is that the resale value of the timeshare ownership is much less than the timeshare owner would expect.
The reality is that trying to sell a timeshare is nothing but a waste of time and money. If you are in this situation and need to give away of your timeshare, the best solution is to cancel the timeshare. Timeshare cancellation has many advantages, but the most important: no more payments.
Contact Mexican Timeshare Solutions for a free consultation in your situation, so we can explain you how we can help you cancel your timeshare contract, best of all, you don’t have to pay any upfront fees. You pay until you are free of timeshare, this is our guarantee.
Buying a Timeshare on the resale market
You can find timeshares on the resale market for a lower price than the initial purchase price. But when you buy a timeshare on the resale market, you need to take in consideration that you don’t only have to pay the price, there are more costs involved, for example: the maintenance fees.
It is important to understand that timeshare is not an investment; you are only purchasing the right to use the property for a period of time.
Also read: Buy timeshares – What’s the big risk about it?
Selling a Timeshare on the resale market
As we know, there are no easy ways to sell a timeshare. One of the timeshare complaints is that they are almost impossible to sell.
Some people choose to sell their timeshares on eBay, but if you take a look, there are at least 1200 timeshare units listed, and the numbers are increasing every day. You can find timeshares for pennies, besides there is a big list of units.
Selling a timeshare takes time and is costly, that’s why many timeshare owners are scammed by timeshare resale companies. These companies ask you for an upfront fee, and as soon as they have your money, you won’t hear from them again.
Timeshares lose more than 50% of their original price at the moment timeshare agreement is signed.
The bad economy and the horrible reputation that timeshare properties have gained during years, represent the biggest difficulties when selling timeshares.
To understand why are prices so low on the timeshare resale market we need to know that the main reason is that the supply greatly exceeds the demand, which means it won’t be easy to sell a timeshare fast, and that’s why timeshare owners list their timeshares for a lower price than the original purchase price.
A big number of timeshare owners desperate to dump their properties because they can’t pay the maintenance fees or annual fees any more, choose to list their timeshares on the resale market. But the problem is that the resale value of the timeshare ownership is much less than the timeshare owner would expect.
The reality is that trying to sell a timeshare is nothing but a waste of time and money. If you are in this situation and need to give away of your timeshare, the best solution is to cancel the timeshare. Timeshare cancellation has many advantages, but the most important: no more payments.
Contact Mexican Timeshare Solutions for a free consultation in your situation, so we can explain you how we can help you cancel your timeshare contract, best of all, you don’t have to pay any upfront fees. You pay until you are free of timeshare, this is our guarantee.
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