Nancy Drew
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Posts: 526
Registered: 4-9-2003
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most sued hotels in mexico
someone has put up a web page of the most sued hotels,.
P.S. click on each hotel to read the drama.
http://www.timesharescam.com/timeshare-scam-mexico/
I've been reading the stories, I can't believe these people, after all who goes out and drops thousands on a new car without checking the price of
used!!!!
Or better yet reading consumer reviews on the product that are readily avaiable on the net. I dont even pick up a new phone without first reading the
consurmer reviews.
Yet they are prepared to drop thousands on these units and resales are out there for a buck.
Chances are they all own a puter.
[Edited on 11-19-2010 by Nancy Drew]
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stevelaubly
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Location: Fresno & Costa Rica
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After being in the timeshare business for over 6 years in 3 different countries,
What I have observed is the following; 99% of people who buy timeshares to use for their vacations every year, either at their home resort or on
exchange totally love the program...Most end up buying additional weeks. 99% of the people who buy timeshare to get rich, to rent out, to hold and
resell end up hating the program.
If it were all bad, companies like Marriott, Holiday Inns, Disney, and Trump would not be so involved.
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mcfez
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I be damned!
Now this is a good post. Handy for some of us.
The timeshare presentations are prepared to drag your emotions into La La Land. Gun - ho! Ya- hoo! Sort of like these self help seminars that are held
at fancy hotels.
[Edited on 11-19-2010 by mcfez]
Old people are like the old cars, made of some tough stuff. May show a little rust, but good as gold on the inside.
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Nancy Drew
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I assume that in the U.S. if I change my mind about the purchase in the cool offf time period I would be able to get my deposit back, I wouldn't
have to fight for it , hire lawyers etc etc.
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mcfez
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| Quote: | Originally posted by Nancy Drew
I assume that in the U.S. if I change my mind about the purchase in the cool offf time period I would be able to get my deposit back, I wouldn't
have to fight for it , hire lawyers etc etc. |
Here Ms Drew..
You'll find this site extreme interesting reading about the legal field of time sharing. Any real estate deal is risky if one dont know the ropes. Get
legal advice before buying....not from some real estate agent or salesperson.
http://real-estate.lawyers.com/residential-real-estate/Vacat...
Old people are like the old cars, made of some tough stuff. May show a little rust, but good as gold on the inside.
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Bajahowodd
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Location: Disneyland Adjacent and anywhere in Baja
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| Quote: | Originally posted by stevelaubly
After being in the timeshare business for over 6 years in 3 different countries,
What I have observed is the following; 99% of people who buy timeshares to use for their vacations every year, either at their home resort or on
exchange totally love the program...Most end up buying additional weeks. 99% of the people who buy timeshare to get rich, to rent out, to hold and
resell end up hating the program.
If it were all bad, companies like Marriott, Holiday Inns, Disney, and Trump would not be so involved. |
You are fundamentally correct. However, a point made by Ms. Drew, or rather by a linked article that was posted on another thread she started, is that
given the current state of the economy, there may be a certain number of people who are either financing their timeshare and/ or having to deal with
escalating annual dues, who want out.
That said, Ms. Drew does seem unusually preoccupied with bashing the time share industry.
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Nancy Drew
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Posts: 526
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I agree with you McFez, common sense applies, never enter any contract without legal counsel.
What is interesting is the maintaince fees, at $700 a pop per week that means monthly maintaince is $2800 a month including taxes, however that is
incredibly high maintaince. An owner couldnt sell his condo with those type of maintaince fees.
Also, as a so called owner, how about the profit and loss statements to show where your money is going???? Bet you they don't provide that. How
much is in the reserve fund to cover big expenses, roofs, repairs etc. Bet they don't tell you that. Also how about voting rights as an owner, my
guess is that an owner /user has no voting rights concerning fee increases or special assessments.
another website to increase ones knowledge.
http://www.mexicotimesharefraud.info/
My guess is all those people wished they did their homework before paying those prices to buy one.
P.S. I do my search on ebay mexico timeshare and the prices still seem to be coming down, many are now under $1 and 97 cents , why 97 cents i can't
figure.
some owners are willing to pay next years fees and closing costs.
I am wondering if the owners will start paying two years fees plus closing costs.
[Edited on 11-20-2010 by Nancy Drew]
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Nancy Drew
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Mexico Timeshare selling on Ebay for $1
just do a google ebay mexico timeshare and search the bargains.
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