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Are Timeshares and Kids a Good Match?

Timeshares and kids

January 7, 2019 – by Primo Management Group

Timeshares and kids

The timeshare industry will tell you that timeshares and kids are a perfect match, but what’s the truth?

A lot of parents have visions of a lifetime of ideal family vacations. And timeshare may seem to offer that. Yes, kids and vacations go together well, but are timeshares and kids a good match? Many families find out too late after spending thousands of dollars. Here’s what you need to consider about timeshares and kids before you buy.

Growing Families

When considering timeshares and kids, you’re looking at the long game. After all, both are forever. If you’re looking at a deeded timeshare, then you’ll be staying in the same unit each year. And although it may just be you and your spouse now, you’ll be adding to the mix. The unit you choose should be appropriately sized for a flexible number of people. And if you’re at the beginning of your parenting journey, your unit will need to accommodate all life stages from toddlers to teenagers and beyond.

Do They Travel Well

Traveling with kids is always a challenge—even if you manage to pack enough snacks and distractions. So, if you’re considering a timeshare, you’re signing yourself up for traveling with kids no matter what. Even when they’re babies. And if one year, you just can make it with your newborn twins, or if you or your spouse in pregnant, flying may not be an option. Additionally, your child may have special needs that make travel even more complex.

Changing Interests

It may be a cliche, but kids really do grow up so fast. And as they grown and change, so will their interests. Unfortunately, your timeshare doesn’t change as quickly. The cartoon characters that captivate them today may be old news tomorrow. If your timeshare caters to specific interests, your family vacations may become less relevant over time. Any timeshare you choose should offer a variety of activities, so you and your kids don’t get bored. Of course, no amount of variety can make your teenager want to go on vacation with you!

Scheduling

Once your kids hit school age, you will have a school schedule to consider when you plan your vacations. And of course, their time off will change from year to year and school to school. This can make fixed-week timeshares tricky. On the other hand, if you choose a more flexible timeshare, you’ll find those holiday and spring break weeks much harder to come by. And if you can even book them at all, they’ll cost you more points than less sought-after weeks. Timeshares and school schedules aren’t always a good fit.

Inheritance

While this issue is hopefully far in the future, no conversation about timeshares and kids would be complete without a discussion of what happens to your timeshare when you pass away. If your kids love your timeshare and want to keep it, no worries. They can just inherit it. However, what if they don’t want your timeshare? Then you need to make sure they don’t inherit it. In that case, make sure their names are not on the deed. If they are, the timeshare will become their problem after you’re gone. It makes sense to double-check this since resorts will often offer to put names on the deed as a “convenience.” For more about timeshares and inheritance, click here.

One thing all these issues have in common is a central complaint about timeshare: they lack flexibility. Even the most flexible points-based programs have constraints. And parenting is unpredictable, to say the least. Considering all the unknowns a lifetime of parenting holds, timeshares and kids are a gamble. If you’re learning this lesson too late and own a timeshare that no longer serves your family, it may be time to consider timeshare cancellation. Contact us today for a free, no-risk consultation to find out how we can help you exit your timeshare and focus on your family.

(Image source: Pixabay)

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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. If your timeshare is free and clear with no mortgage, then the process may only take 3-9 months.

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, timeshares are loath to give back the money they’ve already taken.

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 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 go above and beyond for our customers by helping you to protect your credit and even repair your credit if needed. 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 is assigned a case manager whose job is to keep you in the loop throughout the entire cancellation process. Your case manager is 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.