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Cancel Timeshare Contract

How To Cancel Timeshare Contract

August 13, 2019 – by James Cox

How To Cancel Timeshare Contract

Looking for a DIY how to cancel a timeshare contract? You won’t find it. Unfortunately, this is a search that is going to lead you to companies trying to trick you into reading their blogs, signing up for a cheap option that will help them make a quick buck and still leave you in the exact same situation you are in right now, only you’ve wasted more time and money. Timeshares aren’t like other real estate matters. For example, if you rent an apartment or home and you want to break the lease, in most cases all you have to do is move out and stop paying. You won’t get your security deposit back, but you’re prepared for that.

As far as owning a home, you can get out of that as well by moving out and filing for foreclosure. The bank isn’t happy about this, but they can take back the property once you’ve stopped paying your mortgage. Timeshares work differently because you aren’t technically renting, you aren’t living there and there is no equity. Their focus isn’t on the property, it’s on the agreement you signed with them. Their goal is to keep you paying for as long as possible and that’s why it’s hard to find information on how to cancel your contract. The reason there is no DIY option is because you aren’t dealing with the people who sold you the timeshare, you are dealing with a major corporation that owns this and probably dozens of other resorts all over the world. They have an experienced legal team who made these contracts hard to get out of and they will make it even harder for you to leave the agreement.

Primo Management Group understands your frustration and why you want to find out how to cancel a timeshare contract. You were tricked into an agreement with these companies and you want out. While they were not upfront with you or gave you reliable information on the property, costs, rules, selling your time or something else, they do have the ability to hold you to your agreement, especially if you’ve taken out a mortgage. The idea that a simple blog or little program that you can buy online will help you get out of this contract isn’t realistic. You need professional guidance and assistance and that’s why you need to work with a company that knows what they are doing. Furthermore, you need someone who can keep you informed and prepared throughout the process. Even for the best companies, trying to cancel a timeshare contract isn’t going to be easy. It takes several months or longer depending on your situation. That’s why, you cannot get started without a free consultation because the company you work with has to know what your situation is before things can begin. There’s no quick fix, but if you do this right, you will get out of the agreement and be free of it once and for all. If you are tired of wasting time and money, give us a call and get your free consultation on how to finally get out of your agreement today.

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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.