Mexico Timeshare Fraud / Rip-Off ~ Consumer Travel Alert.

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963
http://actvra.in/4vZf

Mexico Timeshare Fraud Rip Off ~ Consumer Travel Alert.

by David Popoff, Connecticut Realtor

Unfortunately when we travel we tend to let down our barriers, ignore common sense, tend to be too trusting and this is what many of these timeshare scams/rip-off take advantage of. A second point is that foreign countries tend not to have the same laws as in the USA, Canada and Europe and this is another advantage that the ‘bad’ timeshare groups take advantage of. Another alarming statistic is that these timeshare scams are becoming more prolific and you are beginning to find them in many countries such as Mexico, Caribbean Island, Bahama Islands, Costa Rica and other Central American countries. Simple Google “Your destination Timeshare scam” (i.e. “Country/Destination/resort name Timeshare scam”).

Note there are many good and well managed timeshare groups out there in the USA and internationally so…..

If you do want to purchase a timeshare do your research, homework before you go on vacation!!! If you really want to buy a time share check out one of the many USA websites that re-sells timeshares usually at much lower costs with savings up to 50% to 90% of original price.(such as Tug2.net, Redweek.com, timeshare-resale.com, tugbbs.com, interval forum, RCI forum, TripAdvisor forum).

 

If you are not planning to purchase a timeshare just say “NO” to anyone who approaches you!!!

Here are some pitches you will hear to entice you:-

  • Offer of free breakfast to do a 90 minute to 2 hour tour, guarantee you that your tour will be more like 4 to 6 hours. DO NOT give them money to reserve your space.
  • When renting a car, at the airport, on a tour do not fall for any timeshare visits, you will be offered free sightseeing tours, free dinners, free rides, even $50 or $100 just to do the tour…. This is a big red flag.
  • Trade In – Trade Up.  They will promise you that they can sell your timeshare for XX amount of dollars and then you can trade up to theirs. They will guarantee that they can sell your timeshare, they will give you an evaluation report on your existing timeshare which is really just a bunch of made up number with a website but remember anyone can put up a website that does not guarantee that your timeshare will be sold.
  • We are not a timeshare, but a “non time share unit”, “private share resort”, “member only resort”, etc.
  • Bait & Switch. You buy 4 weeks and for the next 10 years you will get 2 additional free weeks. Actually read the contracts and what ends up happening is that you bought 2 weeks with 4 additional free weeks only good for 10 years plus to use those weeks there is a extremely high service charge. You be better off renting a hotel or house for less money.

*NOTE: -
You are not in the USA, Canada or Europe and so the same laws are not there to protect the consumer. Basically the sales staff can tell you anything they like to but if it is not written into the contract then it means nothing. Here are just a few of the many pitches you will hear:-

  • You can rent your unit and make money. First of all most timeshares do not offer that service, second if they do they will most likely charge you an upfront fee, a huge percentage of the rental usually way way over 50% and on top of that cleaning, maintenance, tax, service fees. Renting timeshares is not a money making business.
  • You can have your pick of any unit with ocean view, pool view, golf view, just call in advance….99% false.
  • Be aware of name dropping, famous people staying or such statements as “The new golf course is designed by famous person such as Jack Nicklaus, Tiger Woods“.
  • Every 10 years the resort does a total renovation of each unit.
  • They bought more beachfront or they are building in new high end areas such as Hawaii, California, etc.
  • If they tell you that only today they can give you this offer then do not just walk out but RUN OUT.

 

In Mexico about 17% of the sale goes to the government; this is a big cash infusion for the government so do not expect much help from them. They do have an agency that provides information to help you but that is it ~ basically just to provide information, the agency is called PROFECO           (http://www.profeco.gob.mx/english.htm). You can place complaints but then again being a government agency could take a very very long time to get anything accomplished. These timeshare scams have been operating for decades and are expanding.

 

If you have bought or are planning to buy here are a few useful websites to help you:-

~ Take your time when purchasing a timeshare brochure.
   
http://www.scribd.com/doc/26936170/Take-your-time-when-buying-a-timeshare

~ For more information on how to cancel a timeshare purchase go to:-
http://www.mexicotimesharefraud.info/

~ Your rights when buying a timeshare.
http://www.nolo.com/legal-encyclopedia/how-protect-yourself-when-buying-mexico-timeshare.html

*****

~ You have 5 days to cancel your purchase by Mexican Law and you must do it in writing mailed by secured signed delivery such as Signed Return Receipt With Tracking by Postal Mexicano, UPS, and DHL. E-mails, faxes and calling will not be legally binding. For more information see these links:-

https://mexicotimeshareadvocate.com/freetimesharecancelationletter/

http://www.mexicotimesharefraud.info/

http://www.mescam.com/ 

 

***Caution ~ Do not return to the scene of the crime, these people are masters of intimidation and they will become aggressive, rude, confuse you and even at times become physical (just read the complaints file on the internet).

 

If you are over 5 days get legal professional advice ~    

~ Contact your embassy or consulate in Mexico for a list of local attorneys.

 

~ Contact the above three websites for information.

 

~ Google ~ Mexican Timeshare Fraud Attorneys Lawyers.

 

*****

Finally for the really bad and ugly of Mexican timeshare reviews visit this website that actually ranks the worst of the worst.


 
The Mexican Timeshare Black List: -
  http://www.timesharescam.com/timeshare-complaints-resorts-black-list/

 

 

Buyers and Sellers wanting to work with a licensed Realtor® with integrity and experience in Fairfield County, Connecticut contact David Popoff at DMK Real Estate in Darien, Ct.

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

Facebook    Twitter    Linked in

 

 

 

  AFFILIATED ORGANIZATIONS

click on logo to go to website

 

                                           

                      

 

 

 

Find David Popoff Ct on Google+
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Groups:
Realtors®
Things to Do/Places to Visit
!!VIVA MEXICO!!
ActiveRain Travel Station
"Pay It Forward" Accountability Group
Tags:
mexican timeshare report
mexican timeshare reviews
mexican timeshare ratings
playa del carmen timeshare scams
cancun timeshare scams
puerto vallarta timeshare scam
mexican timeshare refunds
cancun timeshare rip off
mexican timeshare cancellation

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Anonymous
virginialewis

Timeshares need to be looked up as a purchase and not an investment. Regardless of how timeshares are presented, they don´t perform as well as a house or stock investment. If you look around the resale market for timeshares on websites like EBay, Redweek, or TUGBBS will find that you can buy a timeshare for far less money than what the first owner purchased it for. There are good articles about this: http://www.timesharescam.com/

Feb 06, 2015 07:49 AM #1
Anonymous
Anne-Marie Vegas

For a list of the worst timeshare con's look at
Timeshare Complaints: Black List of Timeshare Fraud Resorts

http://www.timesharescam.com/timeshare-complaints-resorts-black-list/

Feb 06, 2015 11:28 PM #2
Anonymous
Laura72

One thing ive learned over the years is you have to always be careful with timeshares most of them are just trying to get your money one way or the other. They got my parents sit through their presentation while on vacation and convinced them to buy into a timeshare. Im sure it wasnst that difficult because my parents are pretty naive and are not hurting for money. To make a long story short they bought into the sales pitch. They ended up getting lied to about places they could use and ended up paying all kinds of fees. It was just a money trap for them. So I did what I could to help them with emailing, calling, and whatever i could do. I was not getting anywhere so we decided to look for lawyers that could possibly help them. After a lot of research and talking to different Law Firms we found Aaronson Law Group which specializes in timeshare cancellation! They took care of there case in just over 2 months which included the documentation, rescission, and credit restoration which was very important to them. Of course it was not free but my parents said it was worth every penny to get rid of this nightmare! Im sure there are other good people out there that can help but these guys where great for us. I know there are people in similar situations so please do your research before you hire someone. I hope this information helps!

Oct 12, 2015 06:02 AM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
749,475

David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct
Need Help? Ask me a question.
*
*
*
*
Spam prevention

Additional Information