Are Timeshares a Scam?

Should You Trust Timeshares? What Every Buyer Needs to Know

Every year, 4.4 million people sell a timeshare on the secondary market, usually for more than half of the original purchase price. Whether or not a timeshare is a scam probably comes down to the individual’s perception of what they have. Many may love knowing they can spend the same week every year at the same resort.

For many others, their interpretation of the timeshare they own can turn from a great purchase to needing timeshare exit support. What seemed like a great decision while enjoying the vacation of a lifetime may lose its luster when the annual payment comes due.

Maybe the best way to determine if you need timeshare exit support is by considering these points:

What Would You Do With the Money

If you weren’t buying a timeshare, what would you otherwise do with the money being paid or borrowed to purchase it? It is important to remember that when the timeshare salesperson talked about how the cost of vacations would keep going up, it wasn’t mentioned that the money being spent today is worth far more than it will be at some point in the future.

If your answer was that you were going to invest the money instead, a long-term investment that is compounding faster than inflation would make the cost of going on vacation in the future far less expensive than the cost of buying a timeshare now. Think of it this way: $25,000 spent today could otherwise be invested today at a market average of 8% and be worth $93,000 in 20 years. Spending $25,000 today could also be interpreted as losing $73,000 in potential income. That amount buys more than a few vacations.

Do You Want to Go to the Same Place?

Ask yourself, “Do I want to try new places or go to the same place every year?” Buy that timeshare and you’re locked in unless you’re willing to pay high fees to use another property. Often those fees are the same as if you just booked a hotel room. More than likely, you’d prefer to see some new things once-in-awhile.

Based on financial considerations alone, a timeshare can be a really bad purchase and timeshare exit support might be needed. For others, going to the same place every year might sound just great. It’s all perception.

Are You Ready to Get Out of Your Timeshare?

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Our primary service is our title transfer service. This service helps timeshare owners by legally transferring their timeshare property title out of their name. Once the transfer is complete, all financial liability and obligation is removed.

Timeshare owners that still have a mortgage on their timeshare may qualify for our Timeshare mortgage cancellation which is the most successful timeshare exit strategy available. Throughout this process we work directly with you to cancel your timeshare with the resort where you purchased it.

Please call our office today for a free consultation

Every clients situation is unique and therefore the costs vary.

After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

Every clients situation is unique and therefore the costs vary. After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

A recession period is outlined in your timeshare agreement and is usually 3-10 calendar days where you can cancel your timeshare contract. Each state and resort have different guidelines for this, which are outlined in your contract. If you happen to be in your recession time period, you can cancel your timeshare. Be aware that timeshare companies will often make it very difficult to contact them and cancelling often requires filling out paperwork and mailing it in.

If you are in your recession period, act quickly. You can also contact our team for help cancelling your timeshare.

Call our office today

Timeshares are difficult to cancel due to the nature of the contracts that timeshare companies and resorts use. Recession periods are generally very short and difficult to navigate. Writing a letter to cancel your timeshare is often lost or not received by the resort, or that is what they’ll say.

Our team of experts know how to navigate the process and guarantee your freedom from your timeshare.

Call our office today

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