4 Common Timeshare Resale Scams to Avoid

4 Common Timeshare Resale Scams to Avoid

If you’re a timeshare owner in 2023, you have to learn to avoid all the timeshare scams out there. Sometimes it can be difficult to detect who is trustworthy and who isn’t. A name you’ve heard on television or radio might approach you, and you’ll think they must have good intentions if they’re advertising with celebrities or heavily in the public eye. Unfortunately, these people aren’t following a strict code of ethics, nor are they following important laws that protect timeshare owners and sellers. Keep reading to find out what the common timeshare resale scams are that you need to look out for.

How to Detect Scam Timeshare Companies

If you are looking for a way to get out of your timeshare, it’s important to protect yourself from scam timeshare companies. While it is possible to sell a timeshare or get out of one, there are many red flags and illegitimate companies that claim they can help you. As a rule of thumb, you should keep these common timeshare resale scams in mind before entrusting your ownership with any more.

1. Unsolicited Phone Calls from Non-Legitimate Buyers

Unsolicited Phone Calls from Non-Legitimate Buyers

One of the most popular timeshare resale scams out there is “out of the blue” phone calls from a company claiming to have a legitimate buyer for your timeshare. This person might say they have a buyer waiting but need funds to close the sale first.

In this case, the caller may ask for personal information and up-front payments in order for the sale to close. In addition, transfer fees, taxes, international transaction fees, or any other fictitious explanations are a red flag.

A legitimate timeshare resale company will never reach out to you unsolicited. Unless you have given permission for them to contact you, this is illegal.  Additionally, buyers will; typically pay for transfer fees and commissions, not owners selling their timeshares. Unless you negotiate these terms, normally, as a seller, you will not have to pay closing costs. And you should especially not be paying for any closing costs before signing contracts.

If someone asks you for high up-front fees or personal information, they are probably not a legitimate timeshare buyer. Make sure you recognize how to avoid this timeshare scam.

2. Fake Timeshare Resale Agents

Today’s timeshare resale scams are more tech-savvy, being able to manipulate the phone number that shows up on caller ID. A timeshare resale “representative” has contacted a few of our customers this way, claiming to be one of our employees.

These con artists do their research and represent themselves as employees of established and credible timeshare resale companies. They call timeshare sellers and make claims that they have a buyer interested and require funds upfront to close. We have even had reports of an email address ending in @timesharesonly3.com. 

You might not be able to avoid this timeshare scam, but you can proceed with caution. Never pay up-front closing costs or “luxury taxes.” As a general rule of thumb, never give out personal information like your credit card, social security, or bank account when someone calls unsolicited. Do your research – make sure the company is legitimate and this person actually works there – then you call them! If anyone contacts you unsolicited, claiming to be with Timeshares Only, we urge you to contact us directly at 1-800-610-2734.

3. Timeshare Contract Cancellation or Timeshare Exit Lawyers

Timeshare Resale Scams

These companies are popping up everywhere lately.  Backed by celebrities who have most likely never owned a timeshare, these scam artists make promises to “get you out,” “cancel your mortgage,” or “exit your timeshare” with a 100% money-back guarantee.

You most likely had a “right of rescission” period when you first purchased your timeshare, usually around 10 days. Unless you cancelled your timeshare contract during that period, the purchase is valid even if you change your mind.

Exit companies play on the emotions of regret or financial hardships for vulnerable owners. Timeshare exit lawyers will say that there is no resale market and offer their “services” for thousands of dollars.

During this “exit” process, owners are told they can stop paying their timeshare mortgage and maintenance fees. Unless you receive a satisfaction letter and hear directly from your resort or HOA that your debt is fulfilled, you should never stop paying on your timeshare. The last thing you want is the accumulation of late fees, collections, hits to your credit, or worse, foreclosure.

Exit companies paint pictures of a dismal resale market and scare timeshare owners into not trusting legitimate companies. Know your options. There is no reason you should be shelling out thousands of dollars when there are reputable companies to market your timeshare for sale or rent and even put cash back in your pocket while waiting for your timeshare to sell.

4. Viking Ship Timeshares

Avoid timeshare resale scams

A viking ship is a timeshare industry term for shell companies formed solely to transfer ownership to. These “relief companies” usually start by putting ads on the radio claiming to make offers for a timeshare. They use scare tactics and false statistics to show owners that their timeshares are a burden. Then, they’ll swoop in and save the day, telling you they are there to help, and all you have to do is sign your timeshare over (or pay a fee for their “services”). Most timeshare resale scams take your money and never transfer the timeshare out of your name, resulting in collections and additional expenses to clean up those maintenance dues you stopped paying.

Let’s say they do transfer the deed into their company name.  When the maintenance fees come due, they have no intention of doing anything about them. The companies are usually LLCs so no real person can be sued. Even if you can track down a responsible party to prosecute, they are long gone. This type of fraud is responsible for upwards of $8 million in unpaid maintenance fees in the industry, spilling over onto other owners and raising expenses for everyone. Viking ships are critical timeshare scams to avoid.

The Best Way to Avoid Timeshare Scams

If you are trying to sell your timeshare or get out of paying annual maintenance fees, the best thing to do to avoid timeshare scams is to contact your resort or developer. Most of today’s best vacation clubs and resorts are Members of ARDA, the American Resort Development Association. ARDA Members must follow a strict Code of Ethics, which protects timeshare owners. Many are also a part of the Coalition for Responsible Exit, which advocates for the protection of owners from unscrupulous companies. To learn more, head to ResponsibleExit.com for info.

Sell Your Timeshare With Timeshares Only

With the goal of connecting owners, buyers, and renters of timeshares, Timeshares Only established the first global timeshare marketplace and advertising company. In order to serve the needs of our valued customers, we develop cutting-edge marketing technology and constantly evolve our business to meet their requirements. The Timeshares Only team adheres to a strict code of ethics, celebrating success by making the customer the center of our operations.

We are recognized as a featured reseller for the Coalition for Responsible Exit, so you know you are in good hands selling your timeshare through us. You can count on our timeshare resale representatives for guidance and assistance throughout the resale process. Our team has assisted thousands of timeshare owners in successfully selling their timeshares for over 20 years. We can help you too. Call us now at 1-800-610-2734 to get started.

Join The Discussion

56 thoughts on “4 Common Timeshare Resale Scams to Avoid”

  • Elizabeth Chnapko Wood

    Have you heard of Malibu consultants? We are selling our timeshare through them and we have paid transfer fees taxes and now they want more money Can you help me please? Their address is 22483 Pacific coast highway Malibu CA 90265 Phone 310 919-4389. Mark Anthony Massa.

    Reply
    • Mia Reid

      Hi Elizabeth! Thank you for reaching out. I’m sorry to hear about this unfortunate situation. Be wary of any timeshare attorney that guarantees a 100% success rate in canceling timeshares. This is a tactic that is frowned upon by legitimate timeshare resale companies and has been detrimental to many owners. There are very few services that can actually “cancel” a timeshare contract and you should never pay upwards of thousands of dollars to get out of your timeshare. If you’d like our assistance in selling your ownership on the resale market, you can call us at 1-800-213-7733. Our timeshare specialists would be happy to help and walk you through the resale process. If you feel like you have received poor services, please check out ResponsibleExit.com and report your experience.

      Reply
  • Adam

    So all of this begs the question – where do you go to sell your time share? I am an attorney and helping a friend sell her time share. Over the months she has gotten dozens of these unsolicited offers from broker who say they can get buyers. They all even list a value. We have not reached out to any. I am HIGHLY dubious of them of course. But it comes full circle back to the question – where does she look to sell?

    Reply
    • Mia Reid

      Hi Adam! Thanks for reaching out. It is safe to be wary of any unsolicited ‘buyers,’ a legitimate resale company should never reach out unsolicited. There are many places to find resources on where you can sell your timeshare. We recommend checking ResponsibleExit.com for safe solutions. Your developer may have in-house exit solutions, or they may refer you to a reputable resale company. Timeshares Only is trusted by ARDA and accredited by the BBB with an A+ Rating. If you have any questions, please feel free to reach out at 1-800-610-2734. We’d be happy to help you.
      -Mia

      Reply
  • Janice Clemons

    Hi Mia, I am assisting my elderly Dad in attempting to sell two timeshares..one in Hawaii and one in Sparks, Nevada. My Dad received a call from a New York company who indicated they have a buyer in Mexico for both properties and according to the disclosure document we received after signing a non- binding purchase offer, one of the closing costs the seller is responsible for is a $3,000+ Federal Tax Registry fee which I was told we would need to acquire an attorney to establish since the funds are coming from Mexico. This is raising a red flag to me. How do I know this company is legitimate and not a scam?

    Reply
    • Mia Reid

      Hi Janice, it does ring some alarm bells for sure. I would recommend doing research on the company (checking their BBB profile, reading reviews on Google or Facebook, or asking forums like tug2.com if anyone has experience with this company). I also highly recommend checking out ResponsibleExit.com, this is ARDA’s Coalition for Responsible Exit’s website. They have articles and resources for getting the right help when you are unloading your ownership. We always recommend using a company that is a Member of ARDA, as well as an Accredited Business with the BBB. If you have any other questions or concerns, please do not hesitate to reach out to us at 1-800-213-7733 or email info@timesharesonly.com.

      Reply
  • Vivian Miller

    Can you tell me if Planet Group Inc is a legitimate company to buy and sell timeshares?

    Reply
    • Mia Reid

      Hi Vivian, I don’t believe this organization is a Member of ARDA and can’t seem to find their BBB profile. I would recommend heading to ResponsibleExit.com for more resources on legitimate timeshare resale companies.

      If you are looking to buy or sell timeshare, Timeshares Only can also help you. We are a Member of ARDA and have an A+ Rating on the BBB as an Accredited Business. Please call us at 1-800-213-7733 or email info@timesharesonly.com for more information!

      Reply
  • john

    I have been contacted by a company in Chicago (Blue Marlin Realty) saying that they are involved in
    acquiring 127 fixed week timeshares in Cancun, of which I have two. They have sent me documents
    showing the money for the purchase of my timeshares is already in an escrow account, and in addition
    to the sales contracts, they want me to send them almost $4,000 to cover Mexico’s taxes for a sale over
    $10,000. Based on what I have read above, this sounds like a classic scam process.
    Thank you for any guidance you can give me,

    Reply
    • Mia Reid

      Hi John, I am sorry for the unfortunate situation. If you feel like you have been scammed, please contact ARDA and your state attorney general’s office. ARDA is the American Resort Development Association, and they advocate for owners and help create protection for situations like yours. If you need further assistance to sell your timeshare, you can also contact us at 1-800-610-2734 or email info@timesharesonly.com.

      Reply
  • Joanne

    We have a timeshare in Cabo and have been contacted by a company out of Boston called Prudential Realty. I’m trying to google this company to see if they are legitimate, but haven’t found much. They contacted us out of the blue which is one of the red flags I read, but they are not asking for any up front $$ and said there is a 5% commission which comes out at closing. How can I find out if this is legit, or a scam?

    Reply
    • Mia Reid

      Hi Joanne, it definitely sounds a little fishy. If you cannot find them on the BBB I would be hesitant for sure. ResponsibleExit.com is another great place to check for trusted resale companies that are members of ARDA.

      Reply
  • Connie

    Mason Holdings and Last Minute are the two I had recently. Mason Holding gave me a an attorney to use in Mexico to save being taxed. I declined.

    Last minute has not asked for any money, but the price they are willing to pay seems to be whatever you want to hear. Heard of either?

    I will reach out to you Responsible Exit and see what they have. BBB can’t hurt either.

    Reply
    • Mia Reid

      I am not familiar with either of those companies but I would definitely recommend checking them out on the BBB before going any further. ResponsibleExit.com is also a great, trustworthy source of the top timeshare resale companies that are backed by major developers. If you are looking for any assistance in advertising your timeshare for sale, feel free to reach out to us at 1-800-213-7733.

      Reply
  • Mrs Shirley Brookner

    Can you tell me if Fulbrooks solicitors in Scotland are legit or are they scammers.

    Reply
    • Mia Reid

      Hello Shirley! The name does not ring a bell but I would advise you to research them on the Better Business Bureau. ResponsibleExit.com is also a great resource for information on recommended resale companies or brokerages. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. Any company that advises you to stop paying your maintenance fees or “cancel” your timeshare contract may be steering you in the wrong direction. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com.

      Reply
  • Brenda

    Keystone holdings wants to buy my timeshare. Anybody heard of them?

    Reply
    • Mia Reid

      Hello Brenda! The name does not ring a bell but I would advise you to research them on the Better Business Bureau. ResponsibleExit.com is also a great resource for information on recommended resale companies or brokerages. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. Any company that advises you to stop paying your maintenance fees or “cancel” your timeshare contract may be steering you in the wrong direction. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com.

      Reply
  • Eric

    ever heard of eastern travel center ?

    Reply
    • Mia Reid

      Hi Eric, I don’t believe I’ve heard of them. I would advise you to research them on the Better Business Bureau. ResponsibleExit.com is also a great resource for information on recommended resale companies or brokerages. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. Any company that advises you to stop paying your maintenance fees or “cancel” your timeshare contract may be steering you in the wrong direction. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com.

      Reply
  • Bethany Frailey

    Hello, I received an unsolicited call from Hollywood Management Inc. (Broker) asking if wanted to sell my timeshare, which I do. I haven’t used the time share since I bought it in 2009. I’m also behind on my maintenance dues. Today we reviewed the sales agreement and I found out that there is 4K permit fee that has to paid to the title company and then it will reimbursed by the buyer at closing. The title company is Escrow One. Has anyone heard of either company abs does this sound like a scam?

    Reply
    • Mia Reid

      Hi Bethany, I have not been able to find either of those companies on the BBB or online. I would be very cautious as it is not legal for any timeshare resale company to call you unsolicited. If you are still trying to get out of your timeshare and are looking for reliable, safe options, be sure to check out ResponsibleExit.com, ARDA’s Coalition for Responsible Exit. They have resources for owners and relationships with top developers to help you find safe exit solutions. Hope that helps!

      Reply
  • Dawn

    Have you heard of “Swith-It” based out of Sevierville Tennessee? My elderly father is trying to sell his Timeshare with them…

    Reply
    • Mia Reid

      Hi Dawn! I don’t believe I’ve heard of them. I would advise you to research them on the Better Business Bureau. ResponsibleExit.com is also a great resource for information on recommended resale companies or brokerages. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. Any company that advises you to stop paying your maintenance fees or “cancel” your timeshare contract may be steering you in the wrong direction. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com.

      Reply
  • Paul Coffee

    I received an unsolicited call from TimeShare Legal Services. They put on a seminar and wanted thousands of dollars to legally get out of a Bluegreen timeshare. I wanted to know what I can do to get out of a Bluegreen timeshare that uses a point system that I am never able to use. I felt pressured by this legal company and not sure if they are legit or just another scam?

    Reply
    • Lauren McGee

      Hello Paul! I would advise you to research them on the Better Business Bureau. ResponsibleExit.com is also a great resource for information on recommended resale companies or brokerages. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com

      Reply
  • Cathie Irene Mean

    Have you heard tell of lol.travel in Italy buying timeshares in the USA ?

    Reply
    • Lauren McGee

      Hello Cathie! I have not heard of that company, so I would suggest researching them on the Better Business Bureau. ResponsibleExit.com is a great reference as well, perhaps you can find more information on that company’s practices on there. If not, ResponsibleExit can provide recommendations on trusted resale companies or brokerages. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. Any company that advises you to stop paying your maintenance fees or “cancel” your timeshare contract may be steering you in the wrong direction. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com

      Reply
  • mrs t dyer

    I RECIEVED AN EMAIL OFFERING ME MONEY FOR MY TIMESHARE. PERSONALLY I THINK ITS A SCAM BUT JUST WONDERED IF YOU HAD HEARD OF Brandon & Associates Travel Agency.?.
    sorry for the caps

    Reply
    • Lauren McGee

      Hello! I’d advise you to search them on the Better Business Bureau to check if they are an accredited company. I also suggest that you check out ResponsibleExit.com if you are interested in getting rid of your timeshare. They are an ARDA affiliated resource that can refer you to a trusted source.

      Reply
  • David

    Have you heard of Allied Business Solutions out of Altanta Georgia? They have a buyer, they want nothing from me except to keep 5% commision. I cannot find them on BBB. Website looks legit.

    Reply
    • Mia Reid

      Hi David, I have never heard of them. I would suggest doing some research on ResponsibleExit.com. Keep in mind, timeshares rarely appreciate in value so if the offer seems too good to be true, it likely is. If your timeshare was not already for sale either, it could be a scam. If you are looking to sell with an accredited company with an A+ Rating, please feel free to contact Timeshares Only at 1-800-610-2734.
      -Mia

      Reply
  • Robert

    I too have received an offer from Hollywood Management Inc. They are offering me a ridiculous amount for my membership that is about to expire in 2 years. Somehow believe this is a scam since they asked me to pay $4,500 for some tax permit. Scam Scam Scam

    Reply
  • DIANA OROZCO

    Hi, have you heard of FFG Closing Group? Is it safe to do bussiness with them?

    Reply
    • Mia Reid

      Hi Diana, I have never heard of them. I would suggest doing some research on ResponsibleExit.com and the Better Business Bureau. If you are looking to sell with an accredited company with an A+ Rating, please feel free to contact Timeshares Only at 1-800-610-2734.
      -Mia

      Reply
  • Pettus

    I got a call for my timeshare fromA&T international inc. Is that a scam?

    Reply
    • Lauren McGee

      Hello Pettus! I would suggest researching them on the Better Business Bureau. ResponsibleExit.com is a great reference as well, perhaps you can find more information about that company there. If not, ResponsibleExit can provide recommendations on trusted resale companies or brokerages, if you’re interested in selling. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com
      -Lauren

      Reply
  • Robert W Youse

    Have you heard of M&L Realtors from 149 5th Ave in New York, NY? They have called offering to buy our timeshare for 45K. I’m pretty sure it’s scam. They just called out of the blue.

    Reply
    • Lauren McGee

      Hi Robert! We would suggest being cautious if anyone calls out of the blue regarding buying your timeshare. This is often a scam, as it is not a legal practice to cold call to make offers on timeshares. Looking that business up on the Better Business Bureau would help you get an idea if they are a credible company or not. If you are looking to sell your timeshare and want to do some research into trusted timeshare brands, visit ResponsibleExit.com. Alternatively, you can contact us with any questions at 1-800-213-7733 or email us at hello@timesharesonly.com
      -Lauren

      Reply
  • Steven McDaniel

    Have you heard of World Timeshare Now? They claim to market “getaway weeks” to conventions and offer a 1400 dollar minimum rental fee per week in exchange for a 399 dollar “marketing” fee. Doesn’t seem legit to me. However, the BBB website has a bunch of 5 star ratings as well as a lot of 1 star ratings. Is there anyway to find out if they really are legit?

    Reply
    • Nicole Cansino

      Did you move forward with them or find out any more information? I also am an owner who was contacted today with the same offer by a company called business corporate travel. Everything online seems legit but I am still leery as it seems too good to be true…

      Reply
      • Lauren McGee

        I would suggest ResponsibleExit.com as a reference. Perhaps you can find more information about that company there. If not, ResponsibleExit can provide recommendations on trusted resale companies or brokerages, if you’re interested in selling. Be advised that if you receive any “out of the blue” phone calls about selling/exiting your timeshare, it is likely a scam, as this is an illegal practice. If you have any other questions or looking for assistance to sell your timeshare, feel free to call us at 1-800-213-7733 or email us at hello@timesharesonly.com
        -Lauren

        Reply
  • Spring

    I have also been contacted on numerous occasions by the same “M&L Realtors LLC” and immediately thought it was a scam because they will not take “no” for an answer. I’ve been sent their supposed “offer to purchase” from 2 different agents of their company but they have not asked for money yet since I refuse to send them the documents describing my timeshare and related terms, etc. I am glad that I owned a home before and have some idea how this should work. Unfortunately, I can’t find any information on the BBB site that refers to this company that has supposedly been around since 2007. If you find that they are indeed scammers, I really hope that Time Shares Only will write an article to expose them because I am sure there are people who unfortunately have said “yes” to them. Thank you.

    Reply
    • Amy

      I have been getting calls and emails from them too. Haven’t done anything with it and usually don’t answer, but they are getting crafty.

      Reply
  • Marie Turcotte

    I received a call out of the blue, from Bega Inc Realtor in San Francisco, offering more than double what we paid for our shares. Very little on their web site. They say we have no fees to pay until the sale in which we then have to pay a 5% commission fee. To good to be true, right?

    Reply
    • Lauren McGee

      Hello Marie! We would suggest being cautious if anyone calls out of the blue regarding buying your timeshare. This is often a scam, as it is not a legal practice to cold call to make offers on timeshares. Looking that business up on the Better Business Bureau would help you get an idea if they are a credible company or not. If you are looking to sell your timeshare and want to do some research into trusted timeshare brands, visit ResponsibleExit.com. Alternatively, you can contact us with any questions at 1-800-213-7733 or email us at hello@timesharesonly.com -Lauren

      Reply
  • Grace Richter

    We have been called by Business Brokers International Export Property Advisors with a large offer to buy our time share. Have you heard of this company. They are now asking for money up front to pay to register with foreign affairs which raises red flags with us. We refuse as it is strongly feeling like a scam.

    Reply
    • Mia Reid

      Hi Grace! I have not heard of them but I would definitely be cautious as most timeshares are not worth very much on the resale market. I have also never heard of any reason why you as the seller should have to pay to register with foreign affairs – that’s definitely not necessary to do in order to sell a timeshare. – Mia

      Reply
  • Angel

    Hi. have you heard about Global Marketing Associate Broker LLC 261 Madison Ave. New York 10016 tel. 646 693 8689.
    at the beggining they tried to resale my timeshare in mexico with Vidanta Group. since i had a fraud with All star travel vacation group llc . they offer me to rescue the money involved on that fraud. thank you in advance for your help. Angel

    Reply
    • Lauren McGee

      Hello Angel!
      I am unfamiliar with that company, so I suggest researching them on the Better Business Bureau. ResponsibleExit.com is a great reference as well, perhaps you can find more information about that company there. If not, ResponsibleExit can recommend trusted resale companies or brokerages, if you’re interested in selling. If you have any other questions or looking for assistance in selling your timeshare, feel free to email us at hello@timesharesonly.com
      -Lauren

      Reply
  • tracy

    hello, looking for league info on how to rid a Hilton time share. we have had several companies contact us for this.
    latest is Coastal Associates Marketing , a
    MS Barbara
    Coastalassmktg@gmail.com
    resort specialist 833-781-7610 ext 406
    run down she is wanting 1000 up front for fees to resale our time share for us.
    what can we do ?

    Reply
    • Lauren McGee

      Hello Tracy!
      I am unfamiliar with that company. I suggest researching them on the Better Business Bureau. ResponsibleExit.com is a great reference as well, perhaps you can find more information about that company there. If not, ResponsibleExit can recommend trusted resale companies or brokerages, if you’re interested in selling. If you have any other questions or looking for assistance in selling your timeshare, feel free to email us at hello@timesharesonly.com.
      -Lauren

      Reply
  • Caroleen Kendall

    I was contacted by Accurate Real Estate Appraisers to sell my timeshare. They say that the Mexican government has a 6% tax that has to be paid buy the seller before the funds can be released. The company is registered on the Georgia government site. The address is different from what is listed on that site and they say that theirs is the downtown location. Is there a tax that has to be paid to Mexico?

    Reply
    • Lauren McGee

      Hello Caroleen!
      My advice would be to contact your developer or resort directly. They will know the standards and practices of selling timeshare property in Mexico. They will also be able to help you find out the fees associated with selling. I’d also recommend searching the business that contacted you on the BBB or ResponsibleExit.com.
      -Lauren

      Reply
  • Albert

    Hello have you ever heard of these two companies Asset Recovery Partners and intercontinental Realty. They are both assuring me they have buyers, but want me to pay taxes on the sale.

    Reply
    • Lauren McGee

      Hello Albert!
      I am unfamiliar with those companies. I suggest researching them on the Better Business Bureau. ResponsibleExit.com is a great reference as well, perhaps you can find more information about the companies there. If not, ResponsibleExit can recommend trusted resale companies or brokerages if you’re interested in selling. If you have any other questions or looking for assistance in selling your timeshare, feel free to email us at hello@timesharesonly.com.
      -Lauren

      Reply
  • D Leschuk

    Well I was approached out of the blue ..told sell vacation time shares at a resort. Silly me paid $ for tranfrr/getting out of timeshare. But they say NOW I owe BIG amount to mexico for capital gains tax.. wanted it paid with 72 hrs.. to avoid legal action for tax evasion
    HELP 🙏

    Reply

Compare listings

Compare
Timeshares Only Logo

Ready To Sell Today?

By filling out the form below, we can evaluate similar ownerships to yours to recommend an average asking price to advertise for sale.

  • This field is for validation purposes and should be left unchanged.