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Wriach
January 27, 2011
Verbal Misrepresentation and Fraud
My wife and I went to the Hilton Head Island Links timeshare. They offered us a deal, that they were going to take our 3 timeshares that we already own off our hands in exchange for the purchase of there timeshare. The timeshares we already own are worth $17, 450, which we were told we could put toward the purchase of there Hilton Head timeshare which was $17, 900. So of course we thought a great deal. I also remember making it very clear to the salesman that we absolutely could not afford a $17, 000 mortgage or any new payments. The salesman completely verbally reassured me that I would have to pay less to nothing because our other timeshares are covering almost all of the cost of this mortgage. The salesman verbally stated that our currently owned timeshares were completely signed over to them. However in the end it turns out that they did not take over our timeshares. They just listed them for sale among other listings that never end up being sold. And now they already are charging us $315 a month to pay for this $17, 000 mortgage that we can not afford on top of the other timeshares we still own. So now I have 4 timeshares and am truly stuck. Looking back now at the paperwork it states in small sentences things completely different than from what we were told. They were completely deceitful and verbally misrepresenting their product. We also were with other couples who thought everything was legit as well. But again they were completely dishonest and took advantage of innocent people. We thought we were finally getting out of some previous timeshares, this company flat out lied and now we are even further in the hole. This was the worst scam ever. We are definately contacting the Attorney General to see what we can do.
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