Timeshare Rescission: Your Guide to the Cooling Off Period
Guides, Tips, and Hacks, How to Cancel a Timeshare
3 min read
Like so many issues when it comes to timeshares, the answer to if you need a timeshare cancellation partner is, it depends. Let’s look at the reasons why people would need a timeshare cancellation partner and what they can do for you.
Let’s start with the timeshare cancellation partner basics: what are they and what do they do. Timeshare cancellation partners like Primo Management Group are consumer advocates who help timeshare owners get out of their timeshare contracts in exchange for an up-front fee. Timeshare cancellation partners work with resorts or developers on behalf of the consumer.
Consumers seek to exit timeshare contracts for many reasons. At Primo, we understand this. No matter why you want to exit your timeshare, your partner should be there with you to keep you informed every step of the way.
Not everyone needs a timeshare cancellation partner like Primo, but a partner makes all the difference. Check out why a partner might be right for you.
Timeshare contracts are purposely dense and complicated. Sometimes, a typical consumer is just unable to understand all the ins and outs of these contracts. In those cases, it makes sense to get help. Quality timeshare cancellation partners deal with these contracts daily. And they have the expertise needed to navigate the process.
In recent years, some timeshare resorts have started give-back programs. These programs can be helpful for consumers and allow you to exit your timeshare without a partner. However, only a few resorts offer these programs and acceptance to them is on a case-by-case basis. Additionally, scammers prey on desperate timeshare owners. You may find yourself in a scam of another sort in the process. Take steps to ensure that you aren’t being scammed. Again. If you still aren’t sure, you may want a partner.
The easiest way to cancel your timeshare is to do so within the rescission period. The rescission period is a “cooling off” period immediately following contract signing during which the consumer can cancel the contract for any reason. These periods are typically 3-10 days and usually require the consumer to send a letter of cancellation.
However, once the rescission period has passed, you are locked in, and exiting becomes much more difficult. If that’s you, you may need a partner to help you.
The process is simple and straight-forward for some people. However, the timeshare industry is known for high-pressure, unscrupulous tactics. And timeshares are big business. The ARDA’s annual timeshare report on 2017 puts the timeshare industry at $9.6 million dollars. A single consumer is no match for that kind of money—especially when the industry does not want them to exit.
Additionally, many timeshare owners hoping to exit do so because they are in a difficult spot. Maybe you are unable to use your timeshare due to health problems. The last thing you need is the stress of dealing with your timeshare, always looking over your shoulder to see if they’re treating you right. Or maybe you’re experiencing financial hardship. The stress over finances alone can be overwhelming. Add in the complexity of a timeshare exit to that situation and it might just be too much to manage.
At Primo Management Group, we spend every day fighting for consumers like you. We’re honored that so many people choose us as their timeshare cancellation partner. We appreciate the trust they put in us and make sure to deliver our best no matter what. If you need help exiting your timeshare, contact us for a free no-risk consultation. We’re here 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