Before school starts, it’s always good to review (everything). Since timeshares are such a complex subject, consumers like you have even more homework than ever. Whether you’re considering timeshare ownership, looking to maximize your timeshare experience or want to get out of your timeshare contract, you’ve come to the right place.
Sales presentations are the entry point to timeshare ownership for many consumers. However, these presentations are known for their high-pressure tactics and misleading pitches. Before you attend a sales presentation, consider these tips:
Don’t be fooled into thinking that once your timeshare is paid off that you’re just getting a “free” vacation house. Timeshare ownership comes with constant maintenance fees. These fees cover the general upkeep and maintenance of the property and the resort. In 2017, the average annual maintenance fees were $980. Fees tend to increase over time and are your responsibility whether you use your property that year or not.
Sometimes a resort or HOA may levy a special assessment for its timeshare owners. Such assessments are typically a result of damage or a natural disaster. These special assessments can be very costly and are also unpredictable. But you still have to pay them.
Keep these lessons in mind:
If you’ve outgrown timeshare ownership, you may consider selling your timeshare. Many people find that over time, timeshares no longer fit into their lives or budget. Whether this is because of health issues or changing financial circumstances, selling your timeshare can be an option. However, it’s not likely to be a money-maker for you. In fact, most timeshares sell at prices well below what the owner initially paid. Timeshares are notoriously sold on eBay for $1. And for good reason. A timeshare is not a financial investment. In fact, when you consider maintenance fees and special assessments, many consider their timeshares to be obligations.
If you decide to sell, don’t forget these key lessons:
If you are ready to end your timeshare ownership and are unable to sell, timeshare cancellation may be your best choice. Timeshare cancellation is the process of getting out of your contract. Unfortunately, your resort doesn’t want to let you go. But a timeshare cancellation partner may be able to help you.
When looking for a partner, seek the following:
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).
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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 StartedThe 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.
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