Puerto Vallarta Timeshare Scam Risks

The risk of being duped by a timeshare scam in Puerto Vallarta is pretty low. There have been very few cases in the last few years thanks to increased government regulations enforcing certain controls on the activities of timeshare companies as well as vigilance over the presence of bogus timeshare sellers. It is worth noting too that the majority of timeshare scams do not take place in vacation destinations like Puerto Vallarta but are more likely to occur on the Internet in the form of resale scams, class action or through timeshare forums.

The best way to avoid a timeshare scam in Puerto Vallarta is to take the details of the resort where you will attend a timeshare presentation and do a quick internet search about the background of the company. The main thing to looking out for is if the resort is already built and if there are other hotels or resorts constructed by the same company. If the presentation is going to be held at a place other than the resort, because perhaps it has not yet been built, take extra caution. The easiest way to protect yourself is to go to presentations at a resort that has a long history in the business.

Another way to be sure that you are not heading into a timeshare scam in Puerto Vallarta is to check that the promoter or OPC who approaches you has an official ID card issued by the City Council. There are strict regulations for timeshare sellers to drum up business on Puerto Vallarta’s streets and therefore all promoters must be given permission. This is one of the ways that Mexico has made great steps to protect consumers from the kinds of scams that were more common in the 90s and early last decade. There were cases where fraudsters would pose as timeshare sellers and convince innocent tourists to buy properties that did not exist or for which the representative did not have authority to sell. This kind of scam is no longer very common, but to protect yourself, only purchase a timeshare while you are at the actually resort, preferably after the tour and presentation. That way you know that you are buying a legitimate property. The same goes for internet sales – buying a timeshare property on the internet is very risky.

via http://mytimeshareexpert.org/puerto-vallarta-timeshare-scam-risks/