TRUE Timeshare Stories

A Typical Timeshare Story...

My parents owned a few timeshares, so I get it.  The first one was great.  They had so many times to use it and then it was done.  When the next tour came around, they didn't think twice about getting another timeshare; however, the timeshare industry had changed by that point.  Now, it wasn't a use it so many times and you're done, now it's a life-long contract that didn't stop with them, it would get passed down after they had passed on.  Their maintenance fees started going up every year and the availability become less and less available.  When they had gone on the tour there was even a little model of a new building with new amenities, like a playground and a water park.  They were told that they getting ready to start building that and it should be done within the next year or so.  Five years later they still hadn't even started building it, because it was a lie.  They used that as another tool to pull my parents in.

A. Johnson, IA

Accidents Can Change Your Life... 

My husband and I owned 5 timeshares as we love to travel with our grown kids.  Everything changed when my husband broke is back.  He never recovered because of complications with his diabetes.  We lost half of our income because of this accident.  I didn't know what to do because the timeshare companies kept billing us.  We couldn't afford them any longer.  My kids couldn't help or take over the timeshares either.  I called the timeshare companies which didn't help at all.  They had no empathy.  In fact, we started getting threatening letters.  I had to do something right away or they were taking us to court.  On top of that, two of our timeshares also had started sending special assessment bills too.  I guess it was because of damage they sustained in storms.  We just kept getting further in a hole...  

D. Williams, Fl

I Had No Idea They Could Do That... 

My mom and dad owned several timeshares and had enjoyed them very much...in the beginning...until the car accident that killed them both.  They didn't have time or make the time to figure out what to do about the timeshare(s) before this happened.  I mean, who could tell?  I am their only son and I had just gotten diagnosed with Muscular Dystrophy. It was progressing fast. 

At first, I thought it was a good thing to inherit the timeshare(s).  I thought I could sell them, enabling me to pay for my medication.  I soon found out that no one wanted them.  I even tried to sell them online on Ebay.  I was shocked to find out they aren't even worth a quarter.  You can't give them away!

By this time, my disease was progressing quickly.  I went on disability.  I was anxious to receive my inheritance from probate court to help me out.  I got a letter in the mail, that one of the timeshares had put a lien on my inheritance which kept it from settling.

That was FOUR years ago...

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