Resale
TAI does offer counseling service to ensure that the resale company a timeshare owner is considering is legit. The scary truth about the resale industry is that there are VERY few resale companies that actually do what they claim to do. Most will scam you out of thousands by pretending to have a buyer for your timeshare even though it has never been listed. The overwhelming majority of these companies are fly by the night companies that are nothing more than listing companies. TAI works hard to educate our clients concerning resale. If you have been approached by a resale company, call TAI to validate the company prior to signing a contract.
The Ugly Truth
The ugly truth about the timeshare industry is the fact that when a timeshare is sold the owner is told that the timeshare is a great thing to leave to their children. This is nowhere near the truth. The facts are that the owner is leaving their children with a huge burden. Timeshares do not go up in value, nor do they ever go away, EVER! You must cancel the timeshare now or someone in the family will end up in financial hardships later. We see it every day. Another problem we see is an owner purchases a week worth of vacation and has two or more children. Each child is left a couple of days, but each is paying for the ownership and all maintenance and assessment fees associated with the timeshare. This often ends up putting the family in major turmoil and we have seen families broken because of this. Then before you know it, the grand children are caught in the middle. The bottom line is that someone will be paying for your timeshare until the world ends unless you get rid of your timeshare now. That is the ugly truth!
