Timeshare Owners Cautioned
A company named Timeshare Acquisitions has mailed a postcard to a large number of timeshare owners , triggering numerous calls to the BBB. The BBB Reliability Report of the Better Business Bureau serving Los Angeles/Colton, CA, which is where the company is based, states:
This company advertises an offer for time share owners to relieve themselves from future responsibilities. According to the company, this is accomplished by paying the company to take over financial responsibility for the timeshare, and then respondents re-coup the money by using the amount as a deduction on their taxes the following year. Although fees range, the company usually requires respondents to pay five years worth of maintenance fees.
This company is not in the business of buying anyone's timeshare. Their actual business is persuading timeshare owners to pay them to take over responsibility for the timeshare. There are no cash offers made to anyone at the seminars. The company's "offer", consists of a proposal to pay them to take the property off your hands. Yeah right!
Hope This Info Helps Someone!
Thanks Parker
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