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Timeshare Secrets Your Sales Rep Is Keeping

timeshare secrets

February 20, 2019 – by Primo Management Group

timeshare secrets

We’re telling timeshare secrets to protect consumers.

Some secrets are fun, but timeshare secrets can be very dangerous. Sales reps may not tell you the whole story when they’re trying to make a sale. But at Primo Management Group, we believe in transparency. Here are some top timeshare secrets that get buyers in trouble.

You Can Cancel Your Contract (if you act fast)

It turns out that timeshare cancellation can be as simple as sending a letter. That’s one of the key timeshare secrets sales reps are keeping to themselves. When you sign a timeshare contract, you can cancel that timeshare within a set time period. No questions asked. This is called the right of rescission, which gives both parties a cooling off period to reconsider. The length of the rescission period varies by state but is usually 7-10 days. Check out yours here.

You Can Get a Much Lower Prices On the Resale Market

In 2017, the consumers paid an average of $22,180 for timeshares direct from the contractor. However, the resale market offers much, much lower prices. A quick internet search will reveal countless units on the resale market for only a fraction of what developers are charing. While you’ll still be on the hook for maintenance fees and special assessments, your initial buy-in could be much, much less. And because the resale market tends to favor buyers, you may find sellers offering incentives such as seller-paid closing costs. You should definitely not buy from the developer without doing your resale research.

Contractor Funding is Expensive

If you don’t happen to have $22,180 handy, you can finance your timeshare. But you don’t have to take the funding the contractor offers. In fact, contractor funding has a higher interest rate than a personal loan. So it makes sense to shop around and see what you can find. While you’re at it, you may want to reconsider whether a timeshare makes sense for your financial future.

Reservations Aren’t Guaranteed

Points-based timeshares and vacation clubs give you the flexibility to stay in various resorts at various times. But they don’t give you any guarantees that anything will be available during the interval you want. While deeded timeshares have only as many owners as intervals, vacation clubs and points-based timeshares are different. Timeshare companies can sell any number of points and have any number of owners. So that means there may be more demand than supply. Making reservations is easier said than done. And what’s more, you may end up buying more points to stay where you want, when you want.

Did timeshare secrets take you by surprise? We can help you exit your timeshare. Contact us for a free no-risk consultation. And we don’t keep secrets.

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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.