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6 Reasons to Get Rid of Timeshares: Now and Forever

September 5, 2017 – by Primo Management Group

Been feeling trapped with your timeshare? Not to worry. People get rid of timeshares every day. Read on to discover everything you never knew.

So many of us have been there. Someone catches us in a really great mood and we make a promise to do something.

Later, as we’re coming down off that life high, we look back and go, “what the heck have I done?”

For many, this is what it feels like to own a timeshare. It seemed like a fantastic idea at the time — and maybe it was great for a few years. But as you continue to pay those maintenance and assessment bills year after year, that Florida dream vacation spot begins to feel like a nightmare.

But there are some very good reasons people like you should get rid of timeshares.

Let’s explore why.

Vacations Have Become a Chore

Vacations are intended to rejuvenate you. You work hard at your job. Your kids work hard in school. All of you deserve time to unwind.

Studies show that people who vacation have reduced risk of heart disease, headaches, and insomnia. They also see improved productivity, creativity and sense of well being once they get back.

But there are several reasons that vacations become a chore with a timeshare:

You can’t anticipate the vacation. It’s the same old spot. Nothing new. Nothing exciting. Nothing to look forward to.

You may have to take your vacation at inopportune times. You have to book well in advance or you have the same week year after year. There’s very little flexibility. So you feel forced to take a vacation when it’s not a good time for you.

The timeshare’s starting to feel like an abusive relationship. You begin to resent your decision and don’t want to see her/him anymore. But you feel like you have to visit anyway to get your money’s worth.

You can’t be spontaneous. You really want to take your spouse hiking at Machu Picchu this year. But you can’t do both. You feel obligated to go to the timeshare. That’s not a vacation.

You Can’t Afford it Anymore

Maybe you’ve recently been laid off, aren’t making as much as you used to or just don’t have the disposable income you once had. Perhaps you really want to put more toward retirement. Or you’re going through a divorce and own a timeshare.

Your timeshare may be breaking you — little by little.

Yes, it’s nice to have. But you really need to have more flexibility in how you spend your money.

You Feel Deceived

If you feel misled into buying a timeshare, not only does it make vacation time miserable. It drags the rest of your life down with it.

Your inner voice is telling you that you made a bad decision. Those close to you may echo that voice.

You may have been promised flexibility that just isn’t there. Maybe you were told that this was a money maker. All you have to do is find renters for the week and charge them more to make a profit.

Maybe the company isn’t keeping up their side of the deal and the condo is going into decline.

People should get rid of timeshares that aren’t what they were promised.

More Stress Than It’s Worth

Your timeshare needs a new roof. It flooded during the hurricane. Vandals broke in and smashed the place up.

Or maybe you’re playing the renter’s game, trying to attract, screen and manage renters from another state.

Stress isn’t just a feeling. It does serious damage to your health in the form of:

Stomach upset
Coronary disease
Smoking/Bad habits/Addictions to find relief
Reduced lifespan

In addition, your relationships pay the toll. A Berkeley study found that stress had a significant impact on relationships. They found that external stresses like financial and work stress made people less satisfied in their relationships.

It’s just not worth it. And when getting rid of timeshares is an option, it should be taken rather than enduring this any longer.

Cutting Losses Is Better Than Continuing to Pay

What are you putting into your timeshare? What else could you be doing with that money?

You could:

Take vacations that you actually enjoy
Invest that money in a mutual fund and actually make a return on your investment
Buy a new car that you’ve been holding off on to make sure you can cover timeshare payments
Send your parents on a vacation to a place they’ve always dreamed of visiting — not the timeshare because it’s convenient.

There are lots of opportunities to make smarter choices with your money when it’s not tied up in a timeshare.

When you cancel your timeshare, you’ll likely need to sell it. And this may mean selling it for what you paid for it without regard to all you’ve put in since. Or selling a less than you paid for it. You may also have cancelation fees.

But when you do the math, even if you take a loss, it’s better than continuing to pay into something that doesn’t “love you back”.

But can people really get rid of timeshares?

It’s Possible to Break Free from Your Timeshare

Canceling a timeshare isn’t easy. Depending on how long you’ve had the timeshare, reasons you want to cancel and what’s actually in your contract, the timeshare company could:

Put strict restrictions on you that make it hard or impossible to sell
Charge you exorbitant cancelation fees
Make it difficult to rent it out if you choose that option

In addition to this, scammers could perceive you as an easy target who’s desperate to get out.

Getting rid of timeshares can be a drawn out and costly process. But it doesn’t have to be. It’s possible to be free without losing an arm and a leg. We can show you how.

Get Rid of Timeshares the Right Way

To get rid of timeshares after the cancellation period has passed, you need to have a plan and knowledge about the timeshare cancellation process.

This may seem like something that you can just learn on the Internet. But it takes in depth research, negotiating skills and experience in timeshare cancellations.

Having an advocate on your side will save you time, money and stress that you would endure otherwise.

We know what we’re talking about because we’ve helped thousands get rid of timeshares. If you’re feeling stuck in your timeshare and are ready to be free, contact us today for a free consultation.

Get A Free Consultation

Relieve Yourself of the Unwanted Timeshare Burden

Get A Free Consultation

Relieve Yourself of the Unwanted Timeshare Burden

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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.