4 Reasons You Shouldn’t Invest In A Timeshare
Guides, Tips, and Hacks
3 min read
The world of finance can feel very intimidating. You can’t even select a savings account without the need of a financial adviser anymore because of all the questions and options that come your way. Timeshares are a great example of this because they give you the option of not having to worry about finding a place every year to stay in at your favorite vacation destination. Let’s say there’s a timeshare in Boca Raton, Florida and it’s available at a fair price for you to sign up so that you can enjoy your favorite vacation destination without having to worry about the increased price of hotels and travel accommodations.
Boca Raton is perfect for you because it’s 30 minutes away from the main airport, 10 minutes from the beach, within an hour of other attractions and destinations you enjoy and very close to a lot of restaurants you like to eat at. The problem with getting a hotel is that every year the costs will go up and the availability will be harder to find, especially if you like going on holiday weekends. That’s where the appeal of the timeshare comes into play, as it gives you an opportunity to enjoy your vacation and not have to worry about anything. So, what’s wrong with that?
One of the main problems with signing annual deals is that you are under the control of the property you are renting from. Let’s remember that timeshares do not give you actual ownership into the property, they only provide you ownership of the time you want to use that property. Another problem is the costs that come with this type of usage. Maintenance fees, property taxes, insurance costs and the increase cost for the people who worked on the units are all going to have to be covered by you. There’s no way around it because you have committed to an annual agreement.
On the other hand, if you were to select a hotel every year that has a rewards program and you were to book that hotel room 5 to 8 months in advance, you would not only get preferential treatment, rewards points, somebody to clean the room for you, free food and more, but you also have the ability to cancel your reservation if you decide to go elsewhere or if something comes up. Doesn’t that sound like a better deal than having to commit to years of increased costs?
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.
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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 Started
The 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.Give it a try