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Timeshares In Missouri: Buyer Beware

timeshares in missouri: buyer beware

July 27, 2018 – by Primo Management Group

timeshares in missouri: buyer beware

Concerned about timeshares in Missouri? Recent news says you should be. Find out why below.

Timeshares in Missouri have been in the news lately. And not in a good way. Missouri is home to Branson, a family vacation destination in the Ozark Mountains of southwestern Missouri. So every year, 8 million visitors flock to Branson to enjoy the attractions the city has to offer. These attractions include music shows, amusement parks like Silver Dollar City, and much much more. Plus you can enjoy the outdoor beauty of the mountains or Table Rock Lake. So it’s no surprise tourists come back year after year. (Source: Branson Convention and Visitors Bureau).

Complaints About Timeshare In Missouri

All of this makes Branson the perfect market for the timeshare industry. The area’s 30 timeshare resorts clearly show how popular timeshares are in Missouri. But there’s more to the story. The Missouri Attorney General received over 3500 timeshare complaints since 2015. Clearly, there’s trouble in paradise. For example:

“Complaints range from disappointment with a prize and high-pressure sales tactics to outright deception and fraud. Typical complaints include:

The Better Business Bureau’s report on the Missouri timeshare industry had many negative things to say. And it reports widespread fraud and other issues: “Consumers reported to BBB losses of thousands of dollars, saying they felt… pressured by aggressive salespeople. In addition to believing they were duped by deceptive sales practices, consumers tell BBB that businesses failed to release them from contracts and issue refunds, were difficult to communicate with and that overall customer service is poor.” (Source: Better Business Bureau).

Other complaints about timeshares in Missouri include difficulty in making reservations. For example, take the Naseers of Kansas City who purchased a $10,865 timeshare at Wyndham’s Branson Woods Resort in 2012. In all the time they’ve owned their timeshare, they haven’t been able to make a reservation. So they’ve never used the timeshare they’ve paid so much for. (Source: Fox4KC).

Consumer Protections

Luckily Missouri law has some consumer protections in place. Missouri Merchandising Practices Act governs timeshares in the state. So, under this act, “Use of any deception, fraud, false pretense, false promise, misrepresentation, unfair practice or concealment of fact by a person in connection with the sale of timeshares is subject to civil and criminal penalties that may be brought by the Attorney General.”

But, in addition to laws of the Merchandising Practices Act, Missouri Law gives you these rights:

Right of Rescission

Missouri allows a 5-day right of rescission. During this “cooling off” period, you can cancel your timeshare for any reason for up to 5 days from the time you signed the contract. But you must send notice of the cancelation in writing.

Right to Promised Prizes

Sellers must state the retail value of all promotional prizes in their literature along with a deadline by which the prize will be awarded. And if they don’t award the prize by the deadline, they must pay consumers the cash equivalent of the stated retail value. And if they still don’t award the prize or the equivalent cash, the consumer can sue the company.

Right to Explanation of Exchange Plans

If your timeshare allows you to use your points or exchange your week for other locations, sellers must clearly list any limitations or restrictions. So this protects consumers from issues like the ones the Naseers encountered.

Foreclosures on Timeshares in Missouri

If you do own a timeshare in Missouri, be sure to make all payments on time. If you don’t, the resort can foreclose on your timeshare. This can be bad for your credit. And the foreclosure process in Missouri can move quickly. Also, you’ll find yourself on the hook for any unpaid fees, assessments, or other charges. (Source: Lawyers.com)

So, if you own a timeshare in Missouri and are unable to make your payments but want to avoid foreclosure, what should you do? We recommend you consider exiting your timeshare. If you need help, Primo Management Group specializes in helping people like you exit timeshares ethically and forever. So, contact us for a free consultation to learn what we can do for you.

(Image Source: Wes Powers on Unsplash)

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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.