Timeshare Companies’ Fraud and Deceit Can Be Used For Your Benefit
Timeshare contracts are very often signed by honest consumers who are nonetheless unaware of how rampant timeshare misrepresentation actually is. Timeshare presentations can be grueling experiences where attendees are subject to several hours of misrepresentation, fraud, and immense pressure from salesmen. A large part of the effectiveness of timeshare presentations comes from the fact that these salesmen are very well trained and are able to sell the timeshare without the consumer logically thinking about the realities of the industry. However, the majority of timeshare contracts are actually sold because timeshare salesmen fully misrepresent the nature of the industry and the real estate market.
Attendees are mislead into believing that timeshares are quality investments that can lead to a large profit for the consumer. Furthermore, salesmen often claim that the market for timeshares is easy to navigate and flooded with buyers. This is the ultimate misrepresentation, as the timeshare market is actually extremely depressed, as the potential buyers are well aware of the fraudulent nature of the industry. Salesmen also speak of the ease of ownership and how timeshares offer great flexibility for family vacations. This is also timeshare misrepresentation, as these vacations are often cemented and can be very difficult to use effectively, especially with children.
Timeshare misrepresentation is undoubtedly negative for the real estate market, and for the consuming public in general. However, this is some small comfort for timeshare owners who have become victims of the timeshare misrepresentation that has become all too common in the industry.
Turn Timeshare Misrepresentation Against Timeshare Resorts
Timeshare misrepresentation is well-documented, and this has drawn the attention of consumer activist groups, legal entities, and the federal trade commission. Timeshare misrepresentation is so rampant and widespread that all timeshare contracts can be questioned. When attempting to get out of a timeshare contract, the greatest weapon that an owner can utilize is leverage against the timeshare company. The problem with timeshare misrepresentation is that it can be somewhat difficult to prove. It is a very good idea to document, in detail, all forms of timeshare misrepresentation experienced at the timeshare presentation. These lies constitute fraud and are a great way to build leverage against timeshare companies. Even if this misrepresentation is merely a consumer’s word, the industry has come under such fire that this may be the leverage you need to nullify the contract.
Timeshare companies do not let owners break contracts easily, but timeshare misrepresentation is truly just cause for breaking a contract, and timeshare companies know this. Furthermore, timeshare companies are under such scrutiny at the moment that they will often let an owner out of a timeshare contract if they fear legal repercussion. It is essential to use all of the weapons at your disposal when getting out of a timeshare, and misrepresentation is perhaps the most potent way to accomplish this feat. Timeshare misrepresentation is destructive and underhanded, but can be turned against the very company that has sold you a product under false pretenses.