Timeshare Buyer's Remorse
How to Cancel a Timeshare
3 min read
If you’re ready to say good-bye to your timeshare, you’re not alone. More and more owners are seeking to exit their contracts. Unfortunately, saying good-bye to your timeshare is easier said than done.
If it’s so easy to get into a timeshare contract, why is it so hard to get out? Here are a few reasons.
Once your contract is signed, you have a rescission period within which you can cancel your contract for any reason. This is a great solution for owners with instant buyers remorse. The right of rescission is the easiest way to say good-bye to your timeshare. However, most rescission periods are very short. Sometimes as short as five business days. So if your window has closed, you’ll need to find another way.
Once your rescission period has passed, you’re locked into your contract. And timeshare contracts tend to be very long. Sometimes they last forever. If you have a contract in perpetuity, it can last even beyond your death. While that’s great if your kids want to inherit your timeshare, it’s not so great if you want out.
Timeshare companies tend to be large, powerful, and well-connected. And most timeshare owners, well, aren’t. Most timeshare owners are just regular consumers. And when they want to exit their timeshares, they are at the mercy of these large companies. And these companies have a vested interest in keeping people in their contracts. It’s good for their bottom line and the health of their business. So they have very little incentive to let you go.
So why not just sell your timeshare? After all, that’s a great way to get rid of other things we don’t want. Unfortunately, getting rid of a timeshare can be harder than getting rid of those old VHS tapes. The truth is, the timeshare resale market is flooded with inventory. And it’s not flooded with buyers. In fact, you can find timeshares priced for pennies on the dollar of their original purchase price. Additionally, some timeshare companies are cracking down on the resale market and limiting benefits for owners who purchase through a third party.
In desperation, some owners try to give away their unwanted timeshares. Some companies do offer options such as deed-back programs that allow you to give back your timeshare. You don’t get any money for it, but most people are just happy to get out at all. Unfortunately, it can be difficult to qualify for these programs. For example, you usually have to have paid off the purchase price and be up to date on all maintenance fees and special assessments. And on top of that, your company has to approve you. Which they may not do if they don’t think they can easily find a buyer for your unit. You’re basically at their mercy.
We know it sounds impossible to say good-bye to your timeshare. But that’s where we come in. We are a group of consumer advocates dedicated to helping consumers get out of their unwanted timeshares. We’ll work with your timeshare company on your behalf to get you out. When it’s just you against the company, timeshare exit seems daunting. But with us on your side, we guarantee you’ll get out.
If you want out, contact us for a free, no-risk consultation. We’ll explain the process and answer all of your questions. And if you’re ready to say good-bye to your timeshare, we’ll get started. What do you have to lose?
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