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Will The Election Impact Timeshare Companies & Owners?

September 23, 2020 – by Dev Webiotic

This election is shaping up to be the most contested and important one in years. Everything from the presidency to local government may shift and with politicians further apart on issues than in recent memory, the results of the election will heavily impact our way of life for decades. While your timeshare may not be on your mind when you talk politics, watch the news, read articles and listen to candidates campaign for your vote, this election could impact your situation and that’s something you need to take into consideration when you head to the polls or fill out your ballot and mail it in from your home.

Potential Impact On Timeshares

Depending on the state, there could be an impact on the taxes these properties have to pay based on their revenue, location and more. If the taxes will go up, you can expect that you will have to help pay the difference and if the taxes are lowered, don’t expect any discounts.

Potential Impact On Timeshare Owners

Some states may get tougher on the agreement’s timeshares are allowed to sign people to, depending on current practices. States like Florida, Nevada, Texas and Arizona are seeing more people move there each day despite the pandemic. For that reason, local governments may want to protect the new residents from real estate scams. While people moving to a state are not going to look at timeshares, local governments may put restrictions on renting and sub-leasing to protect renters and those rules could apply to resorts as well.

It’s important to research the information if you currently own a resort. Remember, the information may not be cut and dry so you’ll have to do a little more digging to ensure that you’re getting the right information to base your decisions on. Taxes in states where you have a resort could go up and that would cost you more money, especially if you are not a resident of that state.

A great way to research information and see if it will impact you is to focus on trends and amendments that will impact real estate and tourism in those areas. Don’t forget to look at local races and state policies, not just federal. Even if you cannot vote in that area or on these options, it’s good to have an idea of what to expect and what the impact of the election may be for you as you continue to pay monthly for your property and potentially look for ways out of the deal.

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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.