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Timeshare Hacks: Are They Worth It?

timeshare hacks

February 7, 2019 – by Primo Management Group

timeshare hacks

Do you really need to sign away your future to enjoy a timeshare? Not with these timeshare hacks!

Many travelers are looking for timeshare hacks so they can experience a timeshare vacation. Although many timeshare resorts are amazing vacation destinations, buying from a developer isn’t always (ever?) the best choice. If you’re looking for alternatives, you’ve come to the right place. Of course, as with anything to do with timeshares, it’s always buyer beware.

Why Timeshare Hack?

Timeshare ownership can be risky. Check out these timeshare dangers that make consumers understandably nervous.

Cost

Developer prices are astonishingly high. In 2017, the average timeshare cost $22,180. Plus, a financial analysis done by Consumer Reports shows that owners often don’t see any savings until 13 years into their contract. That’s a long time to wait. By contrast, some timeshare hacks deliver immediate savings for pennies up front.

Fees

Fees are a fact of timeshare ownership. All timeshare owners must pay annual maintenance fees for basic repairs, housekeeping, and other costs associated with running the resort. In addition, owners may also pay various one-time fees. For example, special assessments to pay for major repairs or upgrades. Other timeshares may charge other various fees, such as for renting your unit or participating in an exchange program. Plus, timeshare companies are very creative when it comes to inventing new fees. You never know what they’ll think of next. By using some of these timeshare hacks, you may avoid mountains of fees.

Long Contracts

Long contract terms are perhaps the riskiest aspect of timeshare ownership. These contracts typically last at least 20 years for a Right to Use timeshare or forever for deeded timeshares. And those contracts in perpetuity last beyond your lifetime and can be passed down to your children. A lot can happen in a lifetime, so many people understandably choose not to enter such contracts. Timeshare hacks may offer alternatives.

So, how do you enjoy the timeshare without the developer contract?

Buy on the Resale Market

If you’re put off by high developer purchase prices, you can buy on the timeshare resale market for much, much less. In fact, you’ll find timeshares for as low as $1. However, no matter how you buy, you’ll still be looking at lengthy (or forever) contracts, ongoing maintenance fees, and other fees. In addition, some resorts restrict privileges for owners who go through the resale market. What might seem like a good deal today can turn into a lifetime of payments.

Rent from a Current Owner

If you are wisely reluctant to buy a timeshare but want the timeshare experience, renting from a timeshare owner might be for you. By renting, you get to enjoy the resort without strings attached. Find timeshares on sites like Timeshare Users Group or Airbnb. In many cases, you can rent for very reasonable prices. And if the owner is having trouble finding a renter, you might have room to bargain. However, as with buying on the resale market, as a renter you might not have access to all amenities. On the bright side, if you don’t like it, you can go somewhere else next year.

Book a Reservation

Timeshare sales reps play up the privileges of ownership. They’ll imply or directly say you can’t enjoy a timeshare if you aren’t a member. Although there are places where that’s true, many timeshare resorts are also open for reservations. And because of market fluctuation and other factors, you may pay less than you would as an owner.

Take a Tour

Some timeshare companies offer free or reduced-price vacation packages as sales incentives. Although this might seem like the ultimate timeshare hack—free vacation—we don’t recommend it. Typically, you’ll be subjected to high-pressure sales tactics. And in a worst-case scenario, you’ll end up buying a timeshare and be stuck with all of the problems you were trying to avoid in the first place. Much better to skip it entirely!

These timeshare hacks can help you enjoy your dream timeshare vacation. However, if you’re already living in a timeshare nightmare, we can help you wake up. We help people like you get out of their timeshares every day. Contact us for a free, no-risk consultation, no hacking required.

(Image Source: Pixabay)

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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.