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How Sticking With Your Timeshare Can Cost You Long-term

How To Prepare Timeshare Cancellation Letter

July 12, 2019 – by James Cox

How To Prepare Timeshare Cancellation Letter

Real estate is a long-term commitment. There’s no way around it and if you are planning on getting a new home you need to be ready and prepared to be with it for years. One of the things people do not realize about timeshares is that the longer the commitment goes, the more it costs them, not just with what they agreed to rent the unit for, but in maintenance fees, cost of living and challenges with selling your time to someone else.

Imagine if you have a place in Orlando and for the first few years you were enjoying your vacation time there with your family. After a few years you decide that it’s time to change things up and take a trip somewhere else. That’s not a problem because the timeshare company told you that it would be easy to sell your time to someone else and maybe even make a profit on it. That’s the first lie you discover.

Marketing the availability of your timeshare isn’t an easy thing to do. You can list it online but the company watching over the property will want certain criteria met as far as the people you are renting to. They want to ensure that these people take care of the property because the last thing they want is for something to break and then the other tenants demand they replace it. So, now you have to find qualified renters, who want to spend their vacation in Orlando, who are actively looking for a place where you are going to be posting your ads and who also are taking their vacation at the exact same time you have availability. Seems easy right? Actually, it feels more like a magic trick you have to try and figure out how to perform without any instructions or experience.

This is part of the problem and the expenses only go up more the longer you hang on to the property. Even better, you have to deal with new tenants who may not be taking great care of the property which is something you’re going to have to deal with as well. These are the type of headaches you can expect as you hang onto your property even longer and it’s time to start looking for real ways to get out.

If you are ready to learn about what your options are for canceling your timeshare, we invite you to contact us for a free consultation where an expert can help you better understand what your options are, how long it will take and more so that you can start enjoying your vacations without having to perform a magic trick.

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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. 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.