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5 Reasons You Need To Get Out Of Your Timeshare

Timeshares and why they don't work

June 7, 2019 – by James Cox

Timeshares and why they don't work

All timeshares are not scams. The timeshare industry generates billions of dollars a year. There must be a reason why this happens. It’s because there are a lot of reputable companies who offer fair deals to their clients. However, there are plenty of companies who do not, and they use the good reputations of their competitors to trick people into deals they soon regret making. There are ways out of these deals but the first thing you have to understand is why you may want to get out of your deal as quickly as possible.

While many timeshare owners believe they are stuck, the reality is that there are ways out. Delaying in taking action is a mistake and it’s time for you to get aggressive with your decision to leave. If you are on the fence about getting out of your deal, you should consider these reasons:

1. Increased costs: You may agree to a set price when you originally sign, but the cost of living and maintaining the home will continue to go up. If you are stuck paying these rates for one to two decades, the costs can go up considerably.

2. New ambitions: While your original motivation to buy the timeshare was because it was located in one of your favorite vacation spots, things have changed, and you are looking to expand your horizons. The most common example is when young parents get places where they want their families to vacation every year, especially with young children. However, now that everyone is older, new destinations become the desire of vacation travel.

3. Loss of value: Another common thing that happens during long-term agreements is that the value of property in the area goes down. This can be caused by several factors, but it happens and that makes it harder for you to rent out your property to others.

4. Damage to credit: If you are struggling to make payments or battling with the company, then you could be looking at damage to your credit. This is why you need to get out as soon as possible.

5. Overall bad deal: The first and main reason people want out of their agreements is because they realize that the company has pulled a scam. They are not delivering on what they promised, and they are the reason timeshares have such a bad name. Obviously, these companies utilize several tricks to get you to fall for these agreements and it’s time to find a way out of it.

Whether you are happy with your timeshare agreement or not, you should always have the option to get out of it. Our job is to make sure that you have that option and we will help you get out of this deal with the help of our experienced legal team.

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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.