Orange Lake Resort BE VERY AWARE, ONCE YOU PURCHASE YOU PAY DUES AND TAXES FOR LIFE.... WALK AWAY Kissimmee Florida

We purchased a timeshare property on June 26, 2000. At that time we were told five of the biggest lies.  A timeshare salesperson promised us the sun, moon, and stars in order to get us to walk out of a presentation as an owner.

1. Timeshare is a good investment. This is one of the biggest whoppers out there, and also one of the key ways timeshare salespeople will get prospective buyers to sign on.

2. You can make a lot of money renting out your week, if you choose not to use it for any reason. This is another form of bait used by timeshare scammers to reinforce the idea that timeshare is a good investment.  The idea that you can make money on with your timeshare is absolutely false. 

3. If you get tired of your timeshare you can easily resell it, and even make a profit. Timeshares are almost always sold at a loss on the resale market They are not easy to resell, and with reselling comes a whole other host of timeshare scam artists that charge fees to list your property on their website or require exorbitant amounts of money to execute a sale on your behalf.

4. Told a company will buy your old timeshare from you for a considerable amount of money (perhaps more than you paid for it), and that amount will be deducted from the purchase price of a new timeshare or applied as the down payment. Truth is, this simply does not happen.  Timeshare salespeople have no intention of helping you get rid of an unwanted timeshare you already have, and these companies do not usually exist.

5. You will be able to trade your timeshare week for a stay anywhere in the world  The way that timeshare weeks programs are set up do not make it very easy to trade for other locations, and many weeks timeshare owners have found that without banking a few years in advance, it is almost impossible to get their choice of resort and/or week.

The most fraud action is what they don't tell you.

1. Maintenance fee have no cap and increased 10-12% every year. If the resort suffers weather damages, even though the resort is insured, they pass that damage fees on to you. You will have to pay damages.

2. You cannot quit or just give up your property rights, you are locked into a "Lifetime" of paying dues and fees. If you choose to "Will" your property your heirs also inherit the lifetime fees and dues (even if they did not purchase the time share).

3. If you do choose to quit or stop paying fees and dues, and have stopped using the property, the resort can and will file a lien on any personal property that you own as well as file suit against you in court. They promise to ruin your personal credit.

4. They claim you cannot file bankruptcy to be relieved from those dues and maintenance fees. They want the guarantied increasing dues and maintenance fees you pay for your life time.

5. If those properties are so valuable, why won't the resort take them back, cancel your ownership and resell the property.