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Better Business Bureau gives advice to Timeshare buyers and sellers |
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Written by TSD Staff
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As summer fast approaches, more and more Americans are planning vacations and outings. With the recession at hand, US citizens are devising ways to save-up on vacations and one famous offering is timeshare and timeshare rentals.
However, the Better Business Bureau (BBB) warns consumers that they should be wary when purchasing or selling properties from Landmark Timeshares, a broker between timeshare sellers and buyers, and vice-versa.
BBB has received numerous consumer complaints regarding Landmark Timeshares. Some timeshare sellers said that the timeshare company contacts them saying that they have a buyer for their property. Landmark Timeshares then ask for an advanced fee to release the name of the prospective buyer.
One seller said that he paid the company $1,400 then he was no longer able to contact Landmark Timeshares and the company never gave him a return call. Another customer wrote the company a check for $1250, which she later cancelled. According to the customer, the money was deducted on her checking account because Landmark, allegedly, made a new check with a new check number.
“If you are thinking about buying or renting a timeshare, it is important to do your homework before purchasing or selling,” said Paula Fleming, VP of Communications and Marketing at BBB. “When using a business to resell your timeshare, it is best to always be skeptic. Selling a timeshare is just like selling any other piece of real estate. Don’t agree to anything over the phone or online until you’ve completely checked out the reseller.”
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