The Better Business Bureau (BBB) would like to
ensure that timeshare owners are aware of a new scam in the industry. A company by the name of “PHB” based out of
Milwaukee, WI has been contacting timeshare owners in an attempt to convince
the owner that they have a prospective buyer for their timeshare. With the volume of timeshare owners wishing
to sell going up, owners are eager to sell with the intent of recouping some of
the money spent. Unfortunately, scam
companies such as PHB make phone calls to these owners in anticipation of their
willingness to sell and attempt to convince them to pay a fee in order to sell
the property. Most owners do not
understand that they will not receive the purchase price of the timeshare, but
in an effort to be ”relieved” from their
timeshare responsibility, hasty decisions on selling may enter their mind. PHB,
like many other scams in the timeshare world, is not a legitimate business
according to BBB. The good news is that
there are timeshare buyers in the market for your timeshare without requiring
money up front.