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Timeshare Resale Scams: Still A Thing

timeshare resale scams

March 4, 2019 – by Primo Management Group

timeshare resale scams

Haven’t we stopped timeshare resale scams yet? The answer, sadly, no.

You’d think that with all the press about timeshare resale scams, they’d be a thing of the past by now. We’ve talked about them time and time again. But in fact, timeshare resale scams are going strong. So, let’s review. Here’s what you need to know about timeshare resale scams in 2019.

Timeshare Resale Scams Overview

Here’s how timeshare resale scams work. First, you buy a timeshare. Then at some point, your timeshare no longer works for you and you want out. Unfortunately, getting out of a timeshare is more difficult than it sounds. You try everything but you’re stuck with timeshare that’s costing you money and causing you stress. You’re now vulnerable to timeshare resale scams.

The Fairy Tale

Resale scammers contact desperate owners like you. They tell you a story that’s really more of a fairy tale. It goes like this: “We have a consumer who is very interested in buying your timeshare right now! If you’re looking to sell, we can handle this right away. You’ll be free of your timeshare forever! All you have to do is pay a fee to secure the deal. And that’s easy, too! Just wire the money to this off-shore account and we’re set. Or if you want, you can send us some unsecured gift cards. But no matter what, you have to act fast. This buyer wants to close the deal fast and we don’t want you to lose them!”

You can see why people might get excited at getting out of their timeshare so easily. You might even overlook the weird payment instructions because you’ve just had it with your timeshare. But here’s where the fairy tale turns into a horror story. You pay your fee. And the prospective buyer is nowhere to be found. Or maybe there’s an additional unexpected fee. So you pay another fee and another. But the buyer never buys.

The Reality

The buyer never buys because they didn’t even exist. The company specifically targeted you because they knew you were desperate enough to believe the lies they told you. Then, once they have your money, they stop returning your calls. Maybe they even go out of business and you’re left with nothing. And the worst part? Your money is gone but you’re still stuck with your timeshare.

How To Protect Yourself

If it sounds too good to be true, it probably is. Timeshare resale scams are ruthless, so you need to take steps to protect yourself. Here are some tips for getting that happy ending.

Are you desperate to get out of your timeshare? Then steer clear of resale scams and consider using a reputable timeshare exit firm like Primo Management Group. We help people like you get out of your timeshares safely, ethically, guaranteed. Contact us for a FREE no-risk consultation. No shady wire transfers, we promise!

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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. If your timeshare is free and clear with no mortgage, then the process may only take 3-9 months.

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, timeshares are loath to give back the money they’ve already taken.

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 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 go above and beyond for our customers by helping you to protect your credit and even repair your credit if needed. 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 is assigned a case manager whose job is to keep you in the loop throughout the entire cancellation process. Your case manager is 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.