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  • We experienced the EXACT SAME scenario as Janice V. Timeshare Exit Team claims they want to retain their perfect rating with the BBB.... ha! After all of the same actions you described, we contacted our timeshare company and asked how we could alternatively avoid foreclosure and they said to do a "Deed in Lieu of Foreclosure", and pay $500 for them to take it back. That's it. We are in the final stages of that, and are actually considering legal action against TET. If you read the initial contract when you sign with them, it is a win-win (all in their favor) and ultimately won't refund your money, like they claim. When I asked TET about the Deed in Lieu of Foreclosure, they said, "If that is the exit strategy you want to pursue, we can help you with that" yet they NEVER offered that verbally or in writing as an option for us to choose during the 16-17 month period. Just form letters, and after paying $4000 initially, then at the end having to pay the dues and late fees anyway (that they told us NOT to pay), PLUS an ADDITIONAL fee for an ADDITIONAL servicing company(?!) Again, we are SERIOUSLY considering legal action against Timeshare Exit Team! We are also reaching out to Dave Ramsey's people to see if they are aware of the scam Dave is endorsing!
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