Timeshare Trap

Timeshares are one of the worst investments you can make. This journal is to inform people who are thinking about purchasing a timeshare not to do so and help those trying to get rid of their timeshare.

Wednesday, November 12, 2008

Navigator Beach Club - Ongoing Investigation

By M. Beddingfield

Developer Robert Reposa started building Navigator Beach Club in Dennisport, Massachusetts, more than two years ago. He sold dozens of people a year-round timeshare. They thought they were buying into a luxury resort with all sorts of amenities. But Reposa never completed building and now the property is in foreclosure.

According to Boston Channel Team 5, there have been at least 50 complaints on this and another timeshare property owned by Reposa to the Massachusetts Attorney General’s office. The Attorney General’s office is refusing to comment because it is an ongoing investigation.

Meanwhile, those who spent their hard owned cash on this timeshare promise will have to wait for the courts to decide if and when, they will get their money back.

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