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How to Get Rid of a Timeshare

Get Rid of a Timeshare

December 31, 2018 – by Primo Management Group

Get Rid of a Timeshare

Timeshare woes got you wondering how to get rid of a timeshare? We can help.

If you’ve ever tried to get rid of a timeshare, you know it’s easier said than done. Unfortunately, there are many, many people stuck in timeshares. It is possible to get out, but the catch is that most methods won’t recoup your money. But once you’re out, you’re free of crippling maintenance fees, collection letters, and stress. Let’s explore some ways to get rid of a timeshare and get on with your life.

Rescind Your Contract

By far the easiest way to get rid of a timeshare is to cancel your contract during the rescission period. The rescission period is a cooling off period immediately after you sign your contract during which you can cancel the contract for any reason. If you have immediate buyer’s remorse, you can exercise your right of rescission. For more information on how to cancel during the cooling off period, click here. However, to use this method, you must act within days of signing that contract or you’re out of luck.

Sell It Yourself

Many owners turn to the resale market to try to get rid of a timeshare. The internet makes it easier than ever to advertise your timeshare. Sites like the Timeshare Users Group and Redweek help connect sellers and buyers. However, the resale market is literally flooded with available units. And while the internet will help you list your timeshare, it also makes it easy for prospective buyers to compare prices. Most timeshares on the resale market go for far less than the original owner paid. And that’s if you can find a buyer at all, which is by no means guaranteed. Just look at the many timeshares listed on eBay for $1 if you want to see desperate sellers. Selling can be a great option if you can find a buyer. Otherwise, it might become just another timeshare stressor.

Give It Back

Timeshares are a financial liability, so many people want to just give it away. Sure, you’ll lose all the money you already paid but at least you won’t have to pay annual fees for the rest of your life. Some resorts do offer programs that allow you to give back your timeshare. Click here for more information on giving back a timeshare. The catch here is that you can typically only give your timeshare back if you’re up to date on maintenance fees and are paid in full.

Rent It Out

If you can’t find a seller and the developer won’t take it back, you can rent out your timeshare. TUG and Redweek also make it easy to list your rental. Unfortunately, not all contracts allow you rent your timeshare. And if they do allow rentals, you may pay an additional fee for the right to rent. But renting is only a temporary solution. Although you might cover this year’s maintenance fees by renting, you’ll be stuck with the same issue next year. And the year after that. And, well, you get the picture.

Get Help from a Cancellation Partner

Because it’s so difficult to get rid of a timeshare, you may want to get the help of a timeshare cancellation partner like Primo Management Group. These professional consumer advocates work on your behalf with timeshare companies to get you out of your contract. These advocates typically charge an upfront fee but once you’re free of your contract, you’re also free of a lifetime of maintenance fees. However, any time you pay an upfront fee, you should check out the company in advance. Make sure they have a good rating with consumer groups like the Business Consumer Alliance and check their Google Reviews. And definitely look for a money-back guarantee.

At Primo, we work hard every day on behalf of consumers desperate to get out of their contracts. We know it’s scary to pay an upfront fee after being scammed into a timeshare. That’s why we offer a free, no-risk consultation and a 100% money-back guarantee. You can also check out our many, many positive reviews all over the internet, like this Google Review from Bonnita B.: “By nature, I’m a skeptic when it comes to paying upfront fees for services. Well, Primo Management Group delivered on every promise and got my timeshare canceled in less than two months.” We deliver the same great service to all of our clients. Click here to get started with that free consultation.

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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.