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Do You Need a Timeshare?

Do You Need A Timeshare

March 19, 2019 – by Primo Management Group

Do You Need A Timeshare

Wondering if you need a timeshare? Find out below!

The timeshare industry may tell you that you need a timeshare. But do you? Timeshares are serious, long-term commitments. And getting out can be really difficult. If you can’t answer Yes to all these questions, then you might not need a timeshare.

Do you like vacations?

If you don’t like vacations, then you don’t need a timeshare! Timeshares are for people who want to go on vacations and who enjoy themselves on vacations. If that’s not you, then you can stop reading now and go plan your staycation!

Do you go on vacations every year?

Frankly, most people do like vacations. However, timeshare ownership is for people who actually take vacations. Maybe you aspire to vacation more and you think timeshare ownership will motivate you. But this is a big, expensive commitment. We recommend establishing a vacationing habit before you spend tens of thousands of dollars.

Do you like going to the same place every year?

If you don’t like going to the same place every year, then timeshares are not for you. Deeded timeshares only give you the right to a single unit in the same resort every year. And if you don’t like it or you get bored, you don’t have other options. Floating week and points-based timeshares may offer the possibility of more variety. However, that variety isn’t guaranteed. So, if you can’t commit to one place, one week forever, then you should reconsider.

Do you have enough money to buy a timeshare?

Currently, the average timeshare costs $22,180. And that’s if you buy it with cash. If you’re financing your purchase, you’ll pay more once you add the interest fees. So, if you don’t have the money to buy a timeshare, don’t buy one.

Do you have enough money to pay your current maintenance fees?

All owners pay maintenance fees to cover basic costs of running the resort. These fees pay for things like housekeeping, landscaping, and routine maintenance. Current maintenance fees average around $1000 annually. That’s over and above the cost of the timeshare itself. If you don’t have enough money to pay these fees, then don’t buy a timeshare.

Will you have enough money to pay the rising fees forever?

So, you have enough money to pay maintenance fees today. That’s great! But keep in mind that those fees will increase over time. Although it’s impossible to predict the future, we can guarantee that your fees will go up over time. And you must pay maintenance fees for the length of the contract. In many cases, that means forever. Can you guarantee that your income will keep pace with rising fees? People on a fixed income or who might someday be on a fixed income are not great candidates for vacation ownership.

Are you currently healthy enough to travel?

Unless you’re buying at a resort next door to your home, you will need to travel. So if you aren’t able to travel, a timeshare is not for you.

Will you always be healthy enough to travel?

We’re glad you’re healthy enough to travel today. But keep in mind that timeshare contracts are long-term. Most of them last between 20 years and forever. So even if you’re literally good to go today, you might not be in 10 or 15 or 30 years. Because timeshares are for the long haul, you need to carefully consider not only your current health but also your future health. We’d all love to stay mobile forever, but sometimes reality gets in the way.

If you answered No or I don’t know to ANY of these questions, you may not need a timeshare. And that means you shouldn’t buy one. The long-term binding nature of these contracts means that once you’re in, it’s hard to get out. Timeshares are for financially stable people who love to vacation in the same way, every year, forever and who can guarantee their health, preferences, and financial circumstances won’t substantially change. If that doesn’t sound like you, then walk away. And even better, walk away and go on new, unique vacations on your schedule and within your current budget.

If it’s too late and you’re stuck in an unwanted timeshare, you have options. Contact us to find out how we can help you get out of your timeshare safely and forever.


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Get A Free Consultation

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.