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Timeshare Risk: Should You Dare?

timeshare risk

February 5, 2019 – by Primo Management Group

timeshare risk

Should you take the timeshare risk? Find out below!

Given the high cost of timeshares, you’d think they would come with a guarantee. But unfortunately, they don’t. In fact, when you buy a timeshare, you enter a risky contract with no end in sight. With so much at stake, do you want to take the timeshare risk?

Timeshare Risk #1: Natural Disasters

Timeshare resorts are located in beautiful places like scenic beaches and alpine slopes. But many resorts are also at high risk for natural disasters. Hurricanes and tropical storms are frequent unwanted guests. If your resort suffers a hit, you may have trouble traveling to your timeshare or damage to the resort may make it uninhabitable. However, you’ll still have to pay your loans and maintenance fees. You might also be on the hook to pay for damages in the form of special assessments. Since you can’t avoid Mother Nature, this risk is very real.

Timeshare Risk #2: Scheduling

Whether you have a fixed week, floating week, or points-based timeshare, scheduling issues are always a risk. With a fixed week timeshare, your week is guaranteed but there’s no guarantee that you’ll be able to get there every year. Floating week timeshares offer a bit more flexibility. But if life gets in the way, you might have to miss your week. Points-based timeshares offer the highest level of flexibility. But with that flexibility comes the risk that all the weeks you want might already be taken by other owners or other vacationers. And no matter what, you’ll still have to pay.

Timeshare Risk #3: Financial Instability

You know what would be cool? If we all made more money this year than we made last year. But life doesn’t always work that way. You never know when or how your finances could change. You could lose your job, become disabled, or incur other costs you can’t absorb. And while you can adjust your budget accordingly, you can’t adjust or refinance your timeshare fees. And you face serious consequences such as foreclosure if you don’t pay.

Timeshare Risk #4: Unpredictable Fees

In addition to the risk of your own financial instability, you don’t even know what fees you’ll owe from year to year. Your maintenance fees are almost guaranteed to go up, but no one can tell you what you’ll pay next year. Also, there’s nothing stopping your timeshare company from adding on additional fees over time or raising existing fees.

If you took a timeshare risk that didn’t pay off, don’t worry. Contact us for a free no-risk consultation to find out how we can help you get out of your timeshare.

Image Source: Kay on Unsplash


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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.