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Our Top Timeshare FAQs

Timeshare FAQs

March 29, 2019 – by Primo Management Group

Timeshare FAQs

Check out our answers to these top timeshare FAQs.

Timeshares can be complicated, so we’ve compiled these timeshare FAQs to help you with some key issues that people worry about. Once you have your facts straight, you can make smart timeshare decisions.

Do I have to pay maintenance fees if I can’t use my timeshare?

Yes. All timeshare owners must pay the annual maintenance fees. If you can’t use your timeshare in a given year, you still have to pay. In fact, even if it’s the resort’s fault that you can’t use your timeshare, you still have to pay. Or if your resort sustains damage and isn’t open, you still have to pay.

Should I buy a cheap timeshare?

Travel hackers would tell you that cheap timeshares are great deals, but we disagree. It’s true that you can buy a timeshare for next to nothing. And that can be tempting. After all, who doesn’t want a $1 vacation? Unfortunately, you’re not going to get a $1 vacation. Instead, you’ll be on the hook for a lifetime of maintenance fees, special assessments, and more. Plus, some resorts restrict privileges to owners who purchase on the secondary market. So that means you might not get to take full advantage of your timeshare.

Will my children inherit my timeshare?

Maybe. If your children are on the deed, they will inherit the timeshare. If they are not on the deed, you can leave it to them in your will. And if they don’t want your timeshare (and they probably don’t!) they can refuse it. However, make sure you never put their name on the deed, even if your resort offers to as a “convenience.” You definitely don’t want to leave your children a lifetime of fees for something they don’t want.

What happens to my timeshare if my spouse and I get divorced?

Timeshares are like any other possession in a divorce. You can award the timeshare to one spouse. You can cancel the timeshare. Or you can share it. This topic can get pretty complicated, so find out more here.

Can I get out of my timeshare?

This is by far the most common of the timeshare FAQs that we encounter. And the answer is yes, but it’s complicated. If you just bought your timeshare and you’re still in the rescission period, you can cancel your contract in writing. But if the rescission period is over, it’s hard to get out of a timeshare. In that case, you need to work with your resort to cancel your contract. And trust us: they aren’t going to make it easy.

That’s where we come in. We specialize in helping people just like you get out of unwanted timeshares. And we guarantee our work. But don’t take our word for it! Check out our many, many positive reviews here. Or just contact us directly. We can answer all of your additional timeshare FAQs during a free, no-risk consultation. Click here to learn more!

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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.