The Jordan Harbinger Show 962: Timeshares | Skeptical Sunday
Mar 10, 2024
Kevin Rapp, an investigative journalist specializing in timeshares, joins to dissect the intricacies of this controversial industry. He reveals hidden costs and the surprising demographics of today’s timeshare owners, including Millennials and Gen Z seeking ownership options. Rapp critiques high-pressure sales tactics and shares the trials of exiting timeshare contracts. Listeners learn to weigh the pros and cons while acknowledging the unexpected benefits and the importance of reading the fine print.
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Westgate Horror Story
- One couple bought a Westgate timeshare for $11,000 plus $800 yearly maintenance.
- They were never able to use it for six years due to booking issues and ultimately, the address didn't even exist.
Exiting a Timeshare
- If you want out of your timeshare, hire a lawyer specializing in timeshare exits.
- Be wary of scams, as some firms offer bad advice like defaulting on fees.
Timeshares: Not Always Bad
- Timeshares are often deemed scams, but they can be suitable for certain people.
- Those who enjoy predictable vacations and struggle with planning benefit, if they can afford it.
