ask-redweek-timeshare-owners-vs-developers

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Original Message:

ask-redweek-timeshare-owners-vs-developers (by Mimi E.):

I’m so sad to hear stories re: timeshare scams and people being double scam from timeshare exit lawyers. How can we get laws passed so Timeshare has to run and verify income just like buying a 2nd Real Estate? Timeshare contracts are so iron clad because you are buying real estate, but their income requirement is low FICO score, similar to buying used car. It is a real estate transaction and should have verification similar to closing escrow so it also allows buyers to back out with minimum financial impact.