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Why Do People Fall For Timeshares?

Timeshares

June 4, 2019 – by James Cox

Timeshares

It’s very tempting. With little money down and some easy monthly payments, you can have access to a beautiful, well maintained home or apartment that you partially own as a timeshare. What could go wrong? Every year, tens of thousands of people fall for this mistake as they are swayed and wooed by timeshare companies. These businesses offer incentives like free weekend getaways, free food, theme park tickets or anything else they can offer to get you in the door.  

People know about these scams and they go to just enjoy the free offers and plan on leaving with their bank account untouched. So, what happens? The timeshare companies know you are walking in with strong reservations and they also know how to play on it. They build reason to doubt what you’ve heard from friends, family or read online. They know that they have a bad reputation to overcome and they cannot simply lie to you to make a deal. So, how do they pull it off? How do they still convince people, decent, intelligent people to fall for this scam?

Reasonable Doubt

Don’t judge a book by its cover. That’s something we’ve been hearing since we were children. We are told to be patient and get the facts before making the decision. The problem is that there’s a psychology behind the way these businesses approach you. They know that just like a magician, the best way to trick someone is to give them enough truth to make the lie even tougher to spot.

When it’s explained to you that a hotel in the same area you can get a timeshare in will cost you roughly the same amount, then you start to wonder about that. Next, they show you how easy the monthly payments are to make. It’s less than you pay for cable and internet. Then they start showing you the advantages of owning your own property in such a popular area, especially when you consider the cost of hotels in this destination is only going to continue to go up.

By now the doubt you went in with is quickly fading away and you are starting to wonder if you had it all wrong. Again, these salespeople are pros, they know exactly what they need to say to build that doubt in your head. The free promotion that got you in the door wasn’t just to get them some time with you, it was to help you enjoy yourself and soften up a bit. Who doesn’t want to get their own place in a destination where they are having fun?

You’re not dumb for having fallen for a timeshare scam, you simply were misinformed and lied to. How can we help? Our services will help you to get out of this situation and protect you from any future problems from the company and their legal team.

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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. 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.