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Why People Are Struggling To Get Out Of Their Timeshare Contract

November 4, 2020 – by Dev Webiotic

Timeshare will always put up a battle if you try to break the contract. It’s something they’re used to which is why they design their agreements to give them as much leverage as possible. Think about it this way, it’s easier for you to break a lease or a mortgage than it is to get out of a timeshare deal. Isn’t that surprising to learn when you consider the fact that the first two are usually requiring a more expensive commitment? The reason is simple, these companies know that most of their clients are going to eventually want out of the deal so they plan for it. 

Despite the tricks resorts will play to keep people in their agreements, there are ways out with the help of experienced consumer advocates. However, 2020 has been a tougher year than others as far as getting out of timeshare contracts. Consumer advocates are struggling to help their clients even though thousands of people are hiring them for assistance. Why is that happening? 

One reason for the increase in timeshare cancellation requests is due to the coronavirus pandemic which has put many resort owners in a tight financial situation as they struggle to pay for the property and can’t rent out their time to cover the costs with restrictions and disinterest in traveling during the pandemic. Another thing to consider is that because or the increase in cancellation requests as well as a loss in new client revenue, these resorts are having to hold onto as many clients as possible and will fight harder to keep them. 

With a tougher front to take on, timeshare clients need to shift their focus from quick and easy options and rely more on the assistance of experienced teams who have a working knowledge of these resort tactics and how to beat them. In a way, the pandemic impact may knock out cancellation companies who aren’t up to par and give consumers a clearer view of which consumer advocates they can really rely on. 

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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.