When considering purchasing a timeshare or real estate in Mexico, U.S. citizens should exercise caution, as certain sellers may use dishonest methods. Before making an investment or acquisition, Americans should consult with a Mexican attorney about relevant real estate rules and laws.
U.S. Embassy in Mexico issued an official travel warning following more than 120 timeshare developments in Puerto Vallarta.
There are numerous forms of timeshare fraud, but they often involve the following steps: When timeshare owners accept an unsolicited offer from third parties claiming to have potential buyers, the scammers require them to pay fees and taxes upfront with the assurance that they will be refunded at closing.
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