Be wary of timeshare exit scams during COVID-19 financial instability

The COVID-19 pandemic has changed the way we go about our daily business – including traveling and vacations. Because of this, Give Up My Timeshare has seen a surge in the number of people wanting to get out of their timeshare obligation.  We’ve also seen an increase in the number of people calling us after being contacted by potential scam companies offering timeshare exit options that are too good to be true.

If you own a timeshare, know that it’s relatively easy for scammers to find your name as timeshare deeds are usually public records. The scams usually follow these three tactics:

  • They ask for money up front. Never give a timeshare exit company up front. The only way to get out of a timeshare is a legal title transfer.  This is a real estate transaction.  Consider how you would sell your own house.  You wouldn’t give the realtor money for the transaction before they’ve sold it, would you?
  • There’s a time limit. If someone tells you the offer they’re giving you is a “limited time only” offer, walk away.  This gives them an opportunity to take your money before you’ve had a chance to think about it and check them out.
  • They offer a refund. Many scammers will ask for money upfront with the promise that once the transaction is final, they’ll refund part or all of it.

So how do you know that you’re not being scammed?  First, do your research.  Is the company licensed and reputable?  Give Up My Timeshare has received a A rating from the Better Business Bureau. We’ll also put everything we do in writing, from your first consultation to the final sale.  And we’ll never ask for money up-front.  It’s our Zero-Risk Guarantee.

Those who are interested in learning more about Give Up My Timeshare’s Zero-Risk timeshare exit process are encouraged to watch the webinar or call us at 1-833-344-8387 for more information.

You want out, we can help.

Give Up My Timeshare
(833) 344-8387
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