Scams within the timeshare industry are so incredibly common that most people associate timeshare opportunities with scams and don't even consider such offers as legitimate investments. Although there are certainly real timeshare companies out there, figuring out whether a timeshare offer is a scam or not can be tricky since the scammers go to a lot of trouble to convince their victims that the promise of a vacation in some terrific spot can be theirs for only a few hundred (or thousand) dollars a year.
Actual timeshare companies can make a significant profit from developing real estate and dividing it up into timeshare properties. What some timeshare scams will do is that they'll offer some sort of incentive like a free vacation to convince someone to buy a timeshare spot, but the buyer will end up with a terrible timeshare where spending time at the residence isn't anything like the experience the buyer was promised. High-pressure sales tactics often get people to purchase a timeshare and they are usually quite expensive. If you feel you've been the victim of a timeshare scam, visit ScamGuard.com to find out more about this type of scam and to share your story with others.