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Timeshares Desperation During Coronavirus Is Costing You Money

timeshare coronavirus

July 16, 2020 – by Primo Management Group

timeshare coronavirus

While thousands of businesses are struggling and seeing lower sales numbers related to the coronavirus pandemic, timeshare businesses have found a unique way to make it through the restrictions in travel. Keep billing their tenants. That’s right, rather than just giving their clients a break on the billing, many of these resorts are still expecting payments for mortgages and monthly fees. In some cases, residents cannot even get to the area of their resort because of travel restrictions for non-residents. That doesn’t seem to bother these companies as many of them are operating as if business is usual. Ironically, many are also getting government assistance for their loss of revenue during this time as well.

Doesn’t seem fair, does it? If you follow the stock market or basic economic news, you’ve learned two things, losing money can cause businesses to take drastic measures, and the possibility of losing money can causes businesses to take even crazier measures. The stock market can go down 10% or more in a day, why? Because there’s a fear that businesses won’t make as much money next year. That’s right, it’s not because businesses are losing money, but because they might lose money. Companies that are actually thriving during the pandemic are still not immune to a drastic dip here or there in their stock prices because of the perception of value or the economy in its entirety and this has experts scratching their heads as they really don’t know what to believe in right now.

This desperation has played into the hands of many timeshare companies as they are able to cut costs, get outside assistance, continue to charge their clients and act like they are the ones who are hurting from this current situation. It’s very frustrating and something that many resort owners are angry about. To be fair, there are several resorts that have stood up and said they will not bill their clients if these restrictions continue or have eased their requirements on payments and dates for visitation. Those resorts are doing the right thing and know that they need to take care of their clients during this time.

If you are with one of those resorts, then that’s a good thing. However, if you are not, and you are tired of paying for something you cannot even use because of the coronavirus, then contact us today for further assistance and information.

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Get A Free Consultation

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.