Top 5 Reasons To Cancel A Timeshare
1. High and Rising Costs: Timeshare ownership comes with ongoing financial obligations beyond the initial purchase price. Maintenance fees, special assessments, and potential loan payments can become a significant financial burden. These fees often increase annually, regardless of whether you use the timeshare.
2. Limited Flexibility and Availability: Timeshares often come with restrictions on when and where you can travel. Securing desired dates or resorts can be challenging, requiring booking far in advance and potentially limiting vacation choices.
3. Poor Investment: Timeshares typically depreciate in value, making them a poor investment. The resale market is often saturated, making it difficult to sell at a reasonable price or recoup the initial investment.
4. Buyer’s Remorse and High-Pressure Sales Tactics: Many timeshare owners experience buyer’s remorse after succumbing to high-pressure sales presentations that may not have fully disclosed the long-term financial implications or restrictions.
5. Scams and Misrepresentation: The timeshare industry has unfortunately attracted scams and fraudulent practices. Owners may be misled about the value, benefits, or ease of exiting their contracts.
How We Can Help
We have helped thousands of clients unburden themselves from Timeshare Companies who either lure consumers into fraudulently induced timeshare contracts, or the clients simply wish to detangle themselves from the perpetuity clauses that are attached to the ownership and thus are passed down to their children, benefactors or estate. Their children do not want the ownership.
Typically, these timeshare companies make it seem like it is a good investment and actual real estate when, in fact, they have no Securities License. The timeshare is worth nothing, is unsellable, and only becomes a future financial burden.
Most clients feel that during the original presentation, and often also during subsequential “update meetings,” they were highly pressured, which is illegal. Some express that the timeshare companies failed to explain the difficulties of booking and availability, and the exponential increase of yearly maintenance fees and reassessments. Sometimes, the clients feel that the resorts had an agenda to defraud them.
There are members of these companies called Rescission Teams whose only purpose is to keep members under contract before their legal right of rescission and credit card dispute periods have ended, and the member is trapped under Contract Law. If you have any concerns, they simply offer false promises with an attempt to upgrade you for a “better experience” with a greater fee. Often, the members are provided personal contact or cell phone information which, once rescission has ended, their calls are unanswered or returned.
You may have tried in the past to try to get out of these bulletproof contracts, but it is important to have the correct legal verbiage and process when contacting the resort with a professional team behind you.
In addition, you have a legal right to discontinue automatic payments with the resort (if applicable), which we will help implement immediately upon filing the legal contract dispute. Because you will be under a legal contract dispute, your credit will be protected under the Fair Credit Reporting Act. You are not in default! Again, this is a legal dispute.
You will receive written confirmation from the resort at the end of the process that you no longer have past, present, or future liability for this timeshare contract, and it will be deeded out of your name with the County Recorder’s Office (if it is on file).
You will be part of the process, but you will not have to speak to anyone on the phone. Every step is done in writing. This creates a paper trail and avoids our clients having to be verbally coerced on the phone by their shrewd staff. If you receive anything in the mail, simply forward the document to your case manager that we will provide, so that we are aware of the resort’s contact with you and we will take subsequent action, as necessary.
I look forward to answering any questions that you may have and helping you and your family, especially during this time of economic instability.
Feel free to reach out to me via email with any questions, or to arrange an acceptable time for a phone consultation with no obligation.
We help protect your credit and have a high success rate in recovering your money!
The full support service that you can trust……. timeshare industry experts.
Let our professional staff assist you from beginning to end in your cancellation process.
We have been assisting consumers since 2004 using various legal platforms to exercise consumer rights.
We also provide the proper third party involvement to expedite the consumers’ release using the Real Estate Commissions, the Attorneys General, the Federal Trade Commission, and the appropriate international governing agency such as PROFECO in Mexico to pressure the resorts to comply. We have consumer rights templates and instructions for consumers to use in order to challenge credit card charges, credit damage and collection efforts.
We have well-established links to every resort in the US, Canada, and Mexico as well as other international timeshare companies. Some of these relationships help to expedite cancellation, and refunds to the timeshare owner.
Let our staff advise you of your consumer protection rights.
We also assist Canadians, UK, Australia and all points international!
Need Financial Assistance?
Tired of leaving financial responsibility to your children? Ready to live the good life, but your timeshare is holding you back? We offer a 100% Guarantee to remove your family from the deed, or timeshare. Timeshare Cancel Professionals is the only organization offering financial assistance to consumers in order to help with the fees associated with the cancellation of their timeshare contracts.