Timeshare Resales: “Never Pay for a Promise”

When looking to cancel your timeshare contract, timeshare resale companies will promise you everything that want to hear. What is a timeshare? Timeshares defined.  That’s clear advice from none other than the Federal Trade Commission (FTC), and unfortunately “The Sunshine State” features plenty of shady timeshare characters with plenty of promises. That is especially true in the burgeoning vacation timeshare resale market. With the devastating real-estate melt down of 2007, many timeshare owners wanted to reduce their financial liabilities and sell their timeshares. Tied into a seemingly perpetual obligation with rising maintenance and exchange fees and little ownership value, sellers found this a...

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