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5 Biggest Obstacles For Getting Out Of Your Timeshare

September 30, 2020 – by Dev Webiotic

If you aren’t aware yet, getting out of your timeshare is not easy. There are several obstacles in place that will make this a difficult task to complete and the reason for that is because these companies want you to give up and keep paying them. Unfortunately, thousands of people every month sign up for these deals and within a year, many of them will try to get out of their agreement because they realize they were either tricked or not given the deal they were promised. It’s a very frustrating experience but something you’re motivated to take care of to give yourself financial freedom. While there really aren’t any DIY tricks to getting out of these contracts, it’s important to know the obstacles you will be facing as you get started.

Which Company Are You Fighting?

One of the first obstacles you will deal with as you decide that you’re ready to get out of your timeshare agreement is finding the company that actually owns the property. You will call the people you normally speak with and they will tell you that they don’t handle that. Then, you will call the company that you send payments to every month and they will tell you the same thing. This is a labyrinth, designed to frustrate and confuse you so that you give up.

What Do You Owe?

There is a big difference between what you owe and what the agreement is for. These resorts factor in your additional fees and will use that in their argument of why you cannot be released from the agreement.

What Were You Promised?

While things may have been said to you in person to get the agreement signed, it all comes down to what’s in the contract and did the property fulfill their side of the bargain?

You Can’t Foreclose

Because you do not own the actual property you cannot go the foreclosure route. This creates a real issue for people looking to break the contract as they are stuck with no equity or assets in the deal.

Getting The Right Help

You decide that you need professional assistance, and you head to Google to find someone who you can rely on. You see dozens of places that offer their help but you’re not sure which one to trust and go with. Believe it or not, there are a lot of scam companies in the exit-timeshare game as well and many are actually owned by people who own the resorts also.

The best way to find a reliable consumer advocate to help you get out of your contract is to break it down by credibility, content, commitment and experience. If a group has been posting content and information to assist you in this process, they probably are trustworthy. If they have hundreds of reviews of people thanking them for their help and getting them out of the deal, they probably are trustworthy as well. If you do not see any of that, then it’s best to stay away from them and look for a team that you can work with beginning with a free consultation.

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Relieve Yourself of the Unwanted Timeshare Burden

Your information is 100% secure and encrypted. We will never sell or share your information with anyone.

Frequently Asked Questions ?

How does PMG get me out of my timeshare contract?

PMG is not a resale, transfer, or donation company. We are consumer advocates—we help to negotiate the release of your timeshare contract obligation. We do not buy, sell, or rent your timeshare. Simply put, we help you to get out of your timeshare contract forever.

How long does the process usually take?

Usually less than 12 months, but it all depends on your situation. Let us help you. Speak to your advisor about the time, and what delays the resorts have put into place to prevent timeshare owners from departing their ownership. If you have a mortgage or past due maintenance fee, the process takes more time.

How much is my timeshare worth?

This is probably going to hurt, but whether you paid $5,000 or $50,000 for your timeshare, the IRS values all timeshares as worthless investments. In addition, that timeshare would have negative value due to the annual maintenance fee bill which compounds year after year. That is until PMG helps you cancel your timeshare.

Can I use your service if I still have a balance owed on my mortgage?

Yes. Whether you bought your timeshare 20 days ago or 20 years ago, PMG has a solution for you and is here to help.

Will my name be off the timeshare?

Yes! Permanently! GUARANTEED!

In addition to getting me out of my timeshare, can you recover the money I’ve already spent on mortgage payments and maintenance fees?

While we are able to recover money in rare cases, beware of any timeshare cancellation company that entices you with the promise of fund recovery. The truth is, the resorts are loath to give back the money they’ve already taken for timeshares.

Are your consumer advocates really “consumer advocates”, or is that just a fancy word for salesperson?

Because most of our clients have had their trust betrayed by timeshare salespeople, we understand how some consumers can become a bit jaded. When you call us for a consultation, that’s exactly what you get, a consultation. At PMG, our job is not to sell you; our job is to help you get out of your timeshare. Which is why we have numerous 5-star reviews and an “A” (excellent) rating from the BCA.

Why should I choose PMG to get me out of my timeshare?

We go above and beyond for our customers by helping to protect you, and have the best success rate in the industry, rated 5-stars by clients. We pride ourselves on providing our customers with the best customer service in the industry. When you contact our company, you speak to a live person, not an automated system or voicemail. We offer a 100% money back guarantee, and we can provide documented proof of our success in helping customers just like you.

What happens after I sign up with you? Will I be apprised of your progress?

At PMG, we pride ourselves on our hands-on, boutique-style customer service, so every new client will work with our expert, experienced team whose job is to keep you in the loop throughout the entire cancellation process. We are always just a phone call away.

How much is your fee?

Not all timeshare experiences are created equal. Some are more complicated than others, and every situation is different. That’s why our trained timeshare elimination consultants will ask you a series of questions designed to determine exactly what needs to be done to terminate your timeshare, how long it will take, and how they can best advocate for you. We will always seek the most cost-effective route for you.

What if I still have more questions?

Canceling a timeshare contract is not a cookie cutter process. With each situation being unique, once you complete the form below an experienced consumer advocate will call you today to discuss your options.