Why Timeshares Are Not A Good Investment
Buying a Timeshare, Timeshare Impact on Credit Score
3 min read
Yes, while it doesn’t benefit us to say it, there are timeshares that are fair and do right by their clients. They are upfront about fees, costs, challenges and availability. They did not try to get you to sign up by offering a free weekend at their resort and they did not try any aggressive sales tactics once you arrived. In fact, they showed you times of the year where their resort will be far cheaper than surrounding hotels and how you can easily rent out the unit and turn a profit without even trying. They have a network of other resorts around the world and offer you great deals if you want to expand.
So, who are these companies and how can you find them? It’s actually easy, it starts with a site called Google. The reliable and respectable timeshare businesses are listed on the world’s largest search engine and they are there to stay. They do not hide information; in fact, they are ridiculously transparent about it. Why? Because they want you to see that they are the real deal. If you go to Google and find a company that has less than a two-star rating or even worse, no real information about them, then you are looking at a major issue and should avoid them.
On the other hand, if you go to Google and research a timeshare and find anything over four-stars along with hundreds of reviews, posts about consumers experience with them and years of information and affiliations with major corporations, then chances are you’ve found a company you can do business with. Again, it’s not something we would recommend, but there are resorts out there who do right by their clients and that’s the key to finding them. It’s not the offer, in fact, if the offer sounds too good to be true, it probably is. Instead, you need to look for the company that’s going to offer you reasonable deals and times throughout the year, especially if you have to travel during the common or popular times.
If you can work with a company that shows you how you can have a spot Labor Day Weekend at an affordable price and hundreds of people have reviewed them and said great things about them, then you know they are legit. If you find a company that has no internet presence and promises you fictitious times, then it’s best to walk away because they are going to create a lot of headaches for you.
How to choose the right company to get me out of my timeshare
We know how stressful timeshare contracts can be. What once sounded like a dream resort package turned into a nightmare. When you don't know where to turn, look to PMG to relieve you of your timeshare burden. We pride ourselves on open, honest, and frequent communication with our clients.
Their high-pressure tactics
Our knowledge and experience gets you OUT. We offer a high-touch, boutique level of service, keeping you informed with frequent updates throughout the process—which is why we have numerous 5-star reviews and are rated "A" (Excellent) by the Business Consumer Alliance (BCA).Learn More
Still not sure what's the next step? Our dedicated team can review your agreement and guide you through the process. The Primo difference is all about service. Our timeshare elimination consultants have one mission: To serve our clients and bring the peace of mind that comes from relieving their timeshare obligation.Get Started
The timeshare industry has spent a tremendous amount of time and money to delay, confuse and deter you from canceling your timeshare contract. Your team of timeshare elimination experts act as your consumer advocate and will work tirelessly to free you from your timeshare contract, mortgage, and maintenance fee bill.Give it a try