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Are Your Timeshare Deals Going To Change In 2020?

December 9, 2019 – by Primo Management Group

2020 is a year of change and hope for many people but for timeshare owners, the change may not be a good thing. Areas that are very popular for timeshares are seeing an increase in property tax and insurance costs. Why? Part of it has to do with the cost of living while a big part of it has to do with the fact that you have so many people coming in and out of these units throughout the year. So, as you start the new year you are also going to see prices go up for these units, especially if you own multiple time slots throughout the year.

This is where timeshare owners often get tricked when they sign the agreement. They understand that they are renting the property at a set rate. However, what surprises them is when they find out that the costs of maintaining the property. The landscaping, repair work, taxes and insurance all go up in costs and if you think that the property owners themselves are going to pay for that, then you didn’t read the fine print. Consider it this way, you have all the financial responsibilities of a property owner but none of the benefits.

Another thing to keep in mind is now that more people are renting out their time slots or the properties are giving those times away for cheaper prices to encourage more signups, you are not sharing your unit with people who are less invested into the property as you are. Why is that important to you and your timeshare? Because they probably are less likely to commit to making sure that you get the unit back in the same condition it was when they arrived. That’s something else you need to think about because that costs you more money as well.

We all know that there are some timeshare companies that actually do right by their clients. That’s why it’s a multi-billion-dollar industry. However, there are also plenty of examples of companies who have taken more from their clients than they originally led on when the agreement was signed. If you feel that you are not being treated fairly by your timeshare company, we can help you get out of the agreement.

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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.