Websites With Phony Timeshare Exit Reviews Sell Consumer Data For Profit

Websites With Phony Timeshare Exit Reviews Sell Consumer Data For Profit

The sly tactics of the timeshare industry have been on center stage for quite some time now. From the initial sale all the way to desperate attempts to cancel the purchase, consumers are put through the ringer. These days, it’s pretty difficult to determine what is an actual solution and what’s simply a gimmick for profit. Even most timeshare exit reviews are questionable at best. Since this has had a disadvantageous effect on fractional owners, we felt obligated to help people understand what’s really going on behind the scenes of timeshare travel.

As of late, our company has been contacted on numerous occasions by marketers claiming to possess hot leads for timeshare cancellation. While we’re all for helping unhappy buyers escape the perpetuity of their agreements, we’re not exactly in the market for 3rd party solicitations. 

Besides, we’re not even close to being interested in persuading people to get out of timeshare contracts. We prefer to speak to vacation owners that reach out to us directly because of our reputation and satisfaction ratings – not because we’re commissioning stand alone websites for potential clients. But believe it or not, many relief agencies are. Because they don’t have a credible reputation, manipulating consumer perception is their prerogative.

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Who’s Behind the Misleading Timeshare Exit Reviews?

A few weeks ago, we discussed some of the ways major hospitality chains are attempting to discredit the cancellation industry as a whole. While we didn’t (and still don’t) agree with their approach to control the narrative, we do acknowledge that a majority of exit operations have bad intentions. Even though warnings of misconduct are justifiable, not all communication is true. The same can be said for timeshare exit reviews.

Similar to the devious mentality of resorts, exit companies are also vying for the attention of disgruntled timeshare buyers. It’s quite the dog eat dog world that we live in right now. Thousands of con artists are savagely waiting for a slice of the timeshare pie and they don’t care how they get it. It gives services like ours a bad wrap. But before we can detail the way some timeshare exit companies go about persuading unhappy owners, we first have to understand who’s behind these inbound efforts.

Experienced Marketers Are Leveraging Leads for Profit.

The internet era is in full swing in 2019. Anyone and everyone can create a website if they want to. At the same time, it doesn’t necessarily mean they know how to. Either way, there are plenty of entrepreneurial people out there that know how to rank online better than most corporations. It’s why freelancers and contractors are more successful now than ever before. Businesses no longer have to hire, train and pay employees to build an online presence for them. All they need is an experienced web developer that understands SEO to perform their vision for them.

While this has been advantageous for self employed marketers, some are beginning to realize they can make a lot more money leveraging the traffic they’re able to generate on their own. Instead of being compensated for task management, they want to be commissioned for hot leads. A majority of marketers don’t care about following an ethical code as long as they’re getting paid and their skillset gives them a level of authority in most industries. Since most exit companies aren’t able to persuade on their own, this becomes extremely valuable to them.

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This is where phony websites that claim to be credible come into play. Over the past few years, a handful of domains have been built by SEO teams that have ties to relief agencies. Whether it be for resale or cancellation, they know how to rank for certain keywords and get in front of potential customers. They use terminology that seems credible and claim to know who’s the best at canceling timeshares. But in reality, they’re only interested in your information. 

Once you contact them to learn more, they sell your personal data to the highest bidder or the company they have ties to. While you might think you’re getting in touch with someone that can help you get rid of your timeshare, you’re really just entering another sales cycle that adds to the regretful burden of the purchase. You may think we’re simply trying to discredit our competition too, but what happens when you pay to play but remain stuck in perpetuity?

Debunking the Information on Phony Timeshare Sites.

In order to prove to you that the timeshare exit reviews on stand-alone websites are simply a con, we decided to highlight a few web addresses that claim to know the timeshare cancellation realm better than you. Aside from their depiction of VOC being absurd, they also make a number of assertions that are downright ignorant. Fractional owners don’t deserve to be misled down a road that threatens their financial well-being.

First and foremost, you have to understand that design or presentation can be misleading. Like most scams in the timeshare arena, they’re built to seem legitimate. No matter what answer you’re looking for, you can’t assume everything on page one of Google (search results) is valid. If you’re looking for advice online, you have to ask yourself what makes the source credible. 

When it comes to websites with phony timeshare exit reviews, you have to understand their intent. When their main goal is to get your information, then don’t you think you should look into the legitimacy of their communication? For the most part, no timeshare owner is the same. There is no possible way they can make the same recommendation for every visitor.

Question the Legitimacy if You’re Unsure.

If it seems like they’re trying to push you towards one solution when they know nothing about your situation, don’t do it. The ploy should be pretty obvious if you’re unable to get specific questions answered about the timeshare exit company they’re recommending. Often times, they’ll simply tell you the company knows how to get rid of timeshares and leave it at that. 

Once you’ve become privy to their bias, do yourself a favor and inspect the timeshare exit reviews themselves. Cross-referencing the content on their site will prove to you that much of it is plagiarized or made up.

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Website Content isn’t Always Authoritative or Accurate.

For the most part, the companies promoting timeshare exit reviews piece together what they read online. MyTimeshareExitReviews.com basically copied and pasted statements from our website and vaguely assessed our services without much accuracy. While they didn’t actually make any damaging statements, it’s obvious they have no idea what they’re talking about. The (said) owner recently emailed us offering us leads in exchange for commission. He built the site with the sole intention to steal some of the market share for profit.

TimeshareExitCompanies.com is another website with suspect timeshare exit reviews. On multiple occasions, we reached out to them for more information without prevail. No matter who (from our company) spoke to them, they always recommended the same cancellation provider. After challenging the inaccurate statements made about our company and exiting in general, they ceased correspondence.

Further Research on these “Timeshare Exit Reviews.”

If you take the time to actually research these websites, you’ll be able to clearly see the illegitimacy of the information published. Doing so will also help you understand how they’re attempting to persuade unhappy owners in order to amass and sell their private information. 

For example, one of these sites claim they were founded in 2016. However, the credentials on the domain registrar clearly state it was created just last year. If you cross reference the details of the timeshare exit reviews themselves, you’ll see the “years in business” for the exit options are inaccurate as well. Even if they stripped this information from somewhere, they should have confirmed their sources were authoritative before publishing it as “factual” insight.

Many faulty exit companies will portray they have been in business longer than they actually have to simply create false credibility. One simply needs to search the entity on the Secretary of State or Corporation Commission websites (for the state where the company claims to do business in) to confirm accuracy. It should be a huge red flag if you’re unable to locate businesses in the state they claim to operate in. 

What we found especially troubling is that each platform makes statements regarding escrow amounts with no upfront fees. Just know that there will always be an upfront fee which is normally paid to an unknown “escrow” company (that may or may not be in bed with the same exit company or scam). Do not let the power of the word “escrow” create a sense of immediate comfort in handing over thousands of dollars. 

The fact of the matter is, there is no “timeshare exit escrow” company that is currently regulated. So why would websites like these encourage timeshare owners to use a company that offers “escrow” when it’s not advantageous?

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The Disservice of Phony Timeshare Websites.

We went ahead and requested the business name of the escrow company for the timeshare exit company these websites are “referring” consumers to (or selling timeshare owner’s data to). We also asked how they base these recommendations. They informed us that they do not have this information. When you think about it, they’re confidently speaking highly of “credible” options but they don’t even know the name of these “safe” solutions. That should most definitely raise an eyebrow or two. 

This is why it’s so important that you understand cancellation before getting involved in it. Many buyers view exit solutions negatively because they’re misinformed. Just because a website has “timeshare exit reviews,” it doesn’t mean they’re a reliable source. Even if there was an “escrow” company involved, these websites should be able to explain how they know when the recommended exit company has successfully completed their job. Otherwise, they can’t guarantee your hard earned money will be well spent. 

Ask yourself a few questions before buying in. Do they consider a foreclosure (that leaves buyers contending with damaged credit) a successful timeshare cancellation? What rules and regulations are they required to follow? Have you verified this information? Reading and believing may seem logical, but it can be inevitably detrimental. These platforms that present themselves as unbiased “review” websites don’t actually help the thousands of owners in need of relief. They’re simply misleading them further with forged content.

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Knowing what some of these claims actually entail can save you an awful lot of heartache. Nearly everything can be debunked on makeshift timeshare sites. One of the timeshare exit reviews we read actually concluded with a 4/5 star rating; even though the CEO was a former VP for an operation that was federally busted for fraud. Another listed relief program that was rated well has both a BBB and consumer report warning. Aside from a sense of liberation, taking the time to look for yourself can save you a lot of time and money.

Be Careful What You Believe in Online.

Listen, there are plenty of people sitting at home in front of their computers looking for easy ways to make money. As regulations continue to evolve online, you need to look into what you’re reading before believing. Doing your own research empowers you to make confident decisions that actually help you escape vacation ownership.

If you’re looking for legitimate timeshare exit reviews, visit the BBB, consumer reports, the FTC, ripoff report and other consumer protection agencies for help. Turning to an opinionated website that was built off a whim is a bad idea. If you’d like to learn more about our ability to cancel timeshare contracts, we’d love to have a non-haggle conversation with you. You can always schedule a free consultation with one of our experts or proceed with a qualification form below.

The Timeshare Financial Burden is Causing Buyers to Cancel

The Timeshare Financial Burden is Causing Buyers to Cancel

For the most part, fractional ownership is one of those major purchase decisions that can be a shot in the dark. Whether potential buyers know nothing about timeshare travel or they are fully aware of the industry’s pitfalls, both are essentially rolling the dice when they don’t thoroughly analyze what they’re signing up for. No matter how or why an owner arrives at the point of regret, the timeshare financial burden is usually the driving force. When maintenance fees, taxes, assessments and interest catches buyers off guard, they quickly realize the expense wasn’t exactly something they could afford.

While it’s easy to blame the consumer for biting off more than they can chew, it’s important to understand how timeshare companies go about positioning their product. Resorts intentionally target those that can’t quite travel to desired locations because of limited incomes. Free gifts, vouchers and travel packages tend to appeal to this audience more. When they’re offered a seemingly low price for an annual trip they never dreamed they could afford, many are willing to rearrange their spending to make it work.

Higher income families aren’t as advantageous for resorts because they’re less likely to conform if timeshare financial concerns arise. People that make more money typically do so by making good decisions. Those living comfortably aren’t going to allow themselves to be at the mercy of the resort if the purchase doesn’t work out. Instead of funneling more into the purchase, they’re more likely to spend their capital on timeshare cancellation services or other methods of relief. 

Pitching supposed travel deals to people that have no business making this type of purchase is downright criminal. But it’s the reality of the business. Every year, tens of thousands of consumers anticipate an experience that never transpires. Once they discern that listening to an incentivized salesman was a huge mistake, it’s normally too late. At this point, they’re forced to completely alter their spending just to avoid more fees or worse – like the possibility of foreclosure and judgements for the deficiency. 

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The Result of Timeshare Financial Hardships.

When people in general are struggling financially, relationships are often affected the most. While it’s easy to assess the physical aspects of a financial crisis, it’s important to remember the mental or emotional trauma that ensues. The guilt from poor financial decisions can creep into confidence levels and lead to assumptions. 

When multiple people have to endure the hardship, tension amongst family and friends can easily make matters worse. Stress levels can become magnified and bitterness can settle in if people aren’t dealing with loss appropriately. 

Making Sacrifices to Make Timesharing Worthwhile.

When dealing with timeshare financial hardship, buyers ordinarily have to make sacrifices just to cover the unexpected costs of fractional ownership. Sadly, the perpetuity of the agreement regularly reminds them of their mistake. We’ve spoken to hundreds of people desperately looking for help after the timeshare has completely altered their lifestyle. Although the purchase was once seen as an opportunity to get away every year, many realize they can’t even go out anymore.

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Restaurants, local events and other forms of entertainment tend to be the first things eliminated due to tight budget restraints. Holidays, birthdays and other special events also become limited when the timeshare financial burden gets out of hand. Some of our clients have sold personal items of value and even taken on second jobs just to revitalize their quality of life. Nobody would sign up for a timeshare if they knew hidden costs and sacrifices were a part of the deal.

Coping With the Financial Burden of a Timeshare.

Although being backed in a corner may actually help some people gain confidence in improving their income levels, it’s rather devastating more often than not. Going from a state of euphoria to painful remorse can be tough to deal with. Especially when you don’t have the tools, social circle and capital to persevere. Even if you’re able to pay for all that the timeshare entails, you subconsciously know that another costly setback can be disastrous.

Financial Scenarios That Call for Timeshare Cancellations.

When dealing with a timeshare financial burden, many people simply aim to survive the entrapment of the purchase. But this leaves them extremely vulnerable when further financial blows occur. While most people avoid spending more money on something they’ve heavily invested in, there’s always a final straw that lands on the camel’s back. It’s kind of a rule of thumb in life. At some point, you just gotta eat your losses and try to move on.

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Since we’ve been helping timeshare owners find relief for a while now, we know that this reasoning typically surrounds their inability to comply with the timeshare financial agreement. While they may have been able to keep their head above water for an extended period of time, they reach a point where survival mode just doesn’t make sense anymore. Here are three scenarios that normally point users to a third party cancellation.

1. An Unexpected Income Change.

If you’ve experienced financial hardship before, you know that losing a source of income is the worst possible thing that can happen. While other financial obligations may be willing to work with you to soften the blow, timeshares haven’t been known to show much empathy here. Forbearance, restructured payments or downgrading isn’t an option here. Prominent resorts are firm believers in holding buyers accountable for the price they agreed to.

This can be especially difficult for parents who have mouths to feed or the aging community that lacks the skills required in today’s workforce. One of our retired clients ended up having to go back to work after using up an inheritance and taking out a second mortgage on their house. Another told us she had no choice but to legally cancel when the resort refused to alleviate her timeshare financial burden after she lost her job. It was the only line of credit unwilling to do so.

2. A Poor Understanding of the Cost.

Like we mentioned in the past few articles, the actual cost of the purchase is a lot more than what’s initially presented. Interest rates on contracts tend to mislead buyers tremendously. When they’re unable to refinance the purchase to decrease lender’s fees, the annual cost becomes a lot higher than anticipated. Instead of focusing on how much of the principal balance they’re actually paying, they tend to spend more time trying to decrease their monthly payments.

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When owners finally realize the resort isn’t going to provide them with favorable timeshare financial help, they confidently make the decision to legally walk away from the purchase. There’s just no need for them to continue paying for something that they can’t pay off, use or enjoy the way they want to.

3. Sales Tactics are Recognized.

Once fractional owners are able to identify the intent behind the timeshare sales system, they often feel somewhat liberated. Instead of constantly finding themselves frustrated with outcomes and costs, they start to understand how they’re being played. This usually occurs when the purchase is seen for what it is: a liability instead of an asset. Unfortunately, most buyers don’t realize this until they’re facing quite a few timeshare financial burdens.

Another one of our clients reached out to us for help after figuring out the timeshare wasn’t actually offering them solutions. Instead of listening to and addressing their concerns, the resort was up-selling them into further timeshare financial obligations. The major hospitality chain even went as far as ignoring the owner’s cancellation request and charging unknown credit cards without their consent. When the simple purchase accumulated over $100k in charges, they knew a professional exit strategy was their best bet.

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Don’t Let Timeshare Financial Burdens Rule Your Life.

Although buying a timeshare property may seem like an opportunity you’ve always wanted to explore, just know that it’s a risky decision. Unless you take the time to fully assess the purchase, you should never get too excited about the possibilities. Far too many people are currently overwhelmed by a timeshare financial burden that could have been easily avoided. 

If you feel trapped in fractional ownership, hopelessness doesn’t have to be the result. While we do specialize in getting rid of timeshare contracts, there’s always a chance you can work things out with the resort. Knowing how to approach the situation can make all the difference. To learn more about our attorney based process, you can schedule a free consultation or proceed with our client qualification process below. 

How Timeshare Refinancing Actually Costs Buyers More Money

How Timeshare Refinancing Actually Costs Buyers More Money

Over the past few weeks, we’ve taken a deep dive into the reality of borrowing money for a timeshare purchase. If you’ve been following along, then you’ve become well aware of just how costly the expense can be. At the same time, the general population knows little about the financial pitfalls of timeshare travel. Even the smallest bit of information can save most from buyer’s remorse. While the unexpected fees, liabilities and lender rates of a mortgaged property can alone be devastating, the burden usually compiles when buyers decide to pursue the peril of timeshare refinancing. 

After speaking with thousands of unhappy timeshare owners, we’ve been able to develop a solid understanding of the fractional owner’s perspective. At first glance, many see the purchase as an opportunity to go on vacation for a low monthly cost that fits within their budget. Even when they attend the sales presentation without a single intent to buy, the product intrigues them. After hours of pressure filled sales pitches and distracting incentives, many attendees truly believe they can’t let the opportunity pass them up. 

The problem is, when consumers are sold on possibilities instead of realities, they find themselves chasing expectations throughout their tenure as owners. When expectations don’t transpire, they’re forced to cough up more capital to make the expensive decision worth it. Since they’re stuck in a perpetual agreement, they don’t have much choice. You see, the resort doesn’t want them to know companies like ours actually know how to strategically get out of timeshare contracts.

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When buyers are at the mercy of the timeshare, it presents a bundle of revenue opportunities for the resort and its partners – most of which are lenders. They could care less when owners continue to make costly mistakes as long as they remain under contract. This tempts buyers to engage in anything that gives them any type of hope for reducing the burden. Unfortunately, a majority of the solutions presented to owners aren’t favorable.

Should I Refinance My Timeshare to Cut Costs?

Most owners are eager to refinance their timeshare because they’ve been battling high interest since making the purchase. Like we’ve mentioned before, timeshare presentations do a great job of misleading potential buyers. Many would have never signed the agreement had the timeshare salesman not told them they could revise their borrowing rate shortly after signing. Once they realize banks don’t offer timeshare refinancing, they tend to exhaust their efforts to bring the interest rates down.

Whether they restructure their financial obligation with the resort or upgrade into a new contract with lower rates, rarely is either option advantageous. This causes owners to continue revisiting the idea of restructuring timeshare loans with third party lenders – even if it entails unsecured lending or secured lending on assets they own. Once owners make a string of poor decisions, all they can do is hope for some sort of financial relief. But what ends up happening is, buyers find themselves in a whole lot of debt without ideal resources to help them.

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So if you’re thinking about timeshare refinancing to shave a little off of your monthly payments, we encourage you to rethink your strategy. Especially if you’re close to paying off the mortgage. While financial hardship might be staring you in the face, you have to remember that the timeshare prefers that you’re at their mercy. Acting out of desperation can be costly. Telling them that you’re considering bankruptcy or threatening to walk away only gives them ammunition. They’d rather talk you into temporary bandaids that enhance their profits over time. 

Timeshare refinancing is the type of solution that fits right into their “MO.” When you think about it, it’s pretty discouraging to know the resort wouldn’t help you out with a lower interest rate because you couldn’t prove the salesman told you so – but they’re willing to do what it takes to keep you under contract once the purchase completely overwhelms your bank account. But you’ve come this far and there’s no need to keep giving your money away. Restructuring once you’ve paid a whole lot of interest is a bad move. 

The Reality of Restructuring Timeshare Mortgages.

In case we weren’t clear before, refinancing a timeshare mortgage is not a solution to financial hardship. If you look up the definition of solution, it means to solve something. If you’re completely in over your head with a weekly interval or point membership, then restructuring payments will only further your problems by adding even more lender fees. In other words, you’re essentially solving nothing. While you may have some strong reasoning to support your stance, allow us to paint the picture for you.

Say you have a loan with 5 years left on the repayment schedule. If you’ve been paying $359 per month for 5 years already, then you’re probably pretty close to putting a dent in the principal balance (close to $6K of the original $20K loan). Since a typical 10-year term that’s paid within this time frame normally carries $23K in interest, about $15K should be taken care of. While this may be eye opening to most of you, it’s the hard reality of borrowing money with an enormous borrower’s rate. Any large purchase with similar financing (nearly 18% on average) would turn out the same way.

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When timeshare owners allow the resort to sway them into restructuring a timeshare mortgage, they’re basically enabling the money scheme to continue. When they show they’re desperation, timeshare companies have been known to forcefully upgrade them into new contracts and extend the loan back out to 120 months (10 years). Although the “result” is a more “affordable” monthly payment, the buyer now has to cover additional principal. Most aren’t aware of this or they wouldn’t agree – similar to their initial decision to buy.

Timeshare refinancing resets the buyer’s obligation to pay lender fees, even if 65% of the interest on the original loan has been paid. On top of that, 80% of the new loan’s payments will go towards the reset interest, not the remaining principal balance. Imagine paying tens of thousands for nothing, only to start all over again and extend the burden. If you want to lower your monthly costs then you’re better off cutting back in other areas of your life. As you can see, restructuring your loan with the resort only gives them more of your hard-earned money (in the form of interest) with zero added value to your vacations.

Another Example of Poorly Restructured Timeshare Loan.

One of the best ways to explain this is to compare the decision to that of a refinanced car loan that has almost been paid off. Negative equity in the car is created when you pay additional interest on a depreciating vehicle that you can’t even afford anymore. While the overall cost may seem fitting, you have to consider maintaining the car, out-of-warranty repair costs, upgrades, speeding tickets, insurance rates and even gas. At the end of the day, the borrowed amount of the car loan itself isn’t exactly the problem.

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The clear takeaway here is that the best option for the car owner is to give the car back and cease payments altogether; instead of trying to make it work. But it’s not that simple for timeshare owners. Even donating the purchase isn’t always fruitful. Timeshare cancellation services might not be ideal either if you’re worried about additional costs. At the same time, fractional owners know that dragging out unwanted payments just to avoid another purchase else to get rid of the timeshare for you?

Don’t Let Refinanced Timeshare Mortgages Handicap You.

The more consumers allow themselves to be trapped in longer mortgage terms and further contractual agreements, the harder it’s going to be for them to find peace and joy. We’ve helped hundreds of buyers who didn’t even know secondary timeshare loans or resort branded credit cards (backed by Comenity Bank and Barclays) were in their name. The deceitfulness behind the sale of a timeshare can lead you to believe you’re making smart decisions, but you’re really digging yourself into a deep hole. Timeshare refinancing only digs the hole deeper.

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If you feel like you’re being forced to look into personalized lines of credit, unsecured loans or HELOC secured loans against your home to create a rewarding experience, something is wrong. Don’t let the mistake of the purchase cloud your judgement. Take advantage of your consumer rights while thoroughly analyzing every method of payment you involve yourself in. In most cases, there was something presented to you along the way that provides you with leverage to escape the clutches of your agreement. 

You have your whole life ahead of you. There are plenty of better things you can buy with the money saved from eliminating fractional ownership. If the idea of timeshare refinancing is your only hope then we’d love a chance to explain all the options available to you. While it can be hard to trust any timeshare solution these days, we take pride in making sure you qualify for cancellation before we even discuss our services. If you’d like to learn more, simply schedule a free consultation or proceed with the qualification form below.

Prominent Resorts Say Canceling Vacation Ownership is Bad

Prominent Resorts Say Canceling Vacation Ownership is Bad

For the past few weeks, we’ve been talking about how timeshare companies are creating an awful lot of smoke around timeshare cancellation. While there are some fires that need to be extinguished, the entire relief industry doesn’t deserve a bad wrap. Keep in mind, fractional owners would never be susceptible to relief scams if the resort didn’t continuously fail to make the purchase worth it. The truth of the matter is, canceling vacation ownership is not something to be feared. 

When buyers take the time to research the companies they do business with, the end result tends to be a satisfactory one. Despite the growing number of scams, quality resolutions are easy to find when you know what to look for. If you want to get out of your timeshare, then it’s probably not in your best interest to lean on the resort for advice. Especially when their main prerogative is to keep you under contract and create fear around canceling vacation ownership.

If you’ve been following along, you’ve been able to see how timeshares are currently leveraging news releases, lawsuits and even proposed state laws to discredit timeshare exit services. They continue to prove they have no interest in improving timeshare products or the overall experience of the purchase. Now that people are canceling vacation ownership more than ever before, timeshare companies are frantically trying to control the narrative while attracting new buyers.

How Timeshares Deceive Their Owners.

Although resorts say fractional owners are their number one priority, they rarely provide evidence of these claims. When you actually think about it, nearly all of their assertions lack substance. The initial presentation was probably riddled with promises that never came true. Their keen ability to persuade people by using smoke and mirror techniques is astonishing. But we’re not exactly here to stand in awe of their deceit.

Timeshare companies have a unique ability to influence their users in a number of ways. Aside from spinning industry news in their favor, they enjoy sending letters that warn their users about timeshare cancellation services. They believe it helps them build rapport with buyers. Since a client of ours shared one of their letters with us, we thought it’d be interesting to break down the message to show you where the deceit lies.

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Misleading Communication From a Prominent Resort.

The letter started off by discussing the reason behind their communication. It said, “[We have] noticed a large increase in third party companies acting as fraudulent resellers, or trying to solicit our owners with false promises to provide timeshare “transfer” or “exit” services. It is critical that you understand key information.” As you can see, they clearly want the owner to believe the resort is in their corner. So let’s see how the letter’s claims hold up.

1. “Timeshare companies do not negotiate “timeshare exits” with unscrupulous timeshare exit companies. These companies are not authorized to represent us and have no special access, relationship or method of obtaining an ‘exit’ for you from your timeshare contract. Absent an agreement, or court proceeding, there is no way for these companies to ‘exit’ you from your timeshare without causing you to be in breach of your contract.”

First and foremost, timeshare companies do in fact commonly respond to the legal team of an attorney backed service. The idea that owners can’t legally extricate themselves from an oppressive timeshare contract is simply a myth created by the timeshare itself.

The resort inevitably wants unhappy owners to use their internal “solutions” for relief. This is one of the ways they cause buyers to believe spending more with them is the only way. Many timeshare owners don’t even think about relief after reading a warning like this. Paying for an upgrade seems logical when you can’t book the condo and legally canceling vacation ownership is deemed impossible. 

If you’ve owned your timeshare for some time, you’ve probably experienced at least one acquisition, if not several over the years. Many uncertain owners fall for conditional upgrades during mandated owners update meetings. They usually start looking for a way out after realizing these new programs only created more problems. The cycle continues from here.

When timeshare companies are able to create doubt around cancellation and kill the hope of their users, they profit tremendously. Truth be told, half of the industry’s recurring revenue stems from dissatisfied buyers trying to improve their experience. It’s a part of the grand scheme.

2. “Scare tactics used by many companies are false and designed to convince you to seek cancellation of your membership. Many companies invite members to attend seminars and free dinners to learn about supposed “timeshare law changes” or “maintenance fee increases” that will affect their account. Most notably, members are often incorrectly told, “their children will automatically inherit and become liable for the timeshare annual dues.” Don’t fall victim to these lies.”

Have you ever accused someone of doing something that you do unethically? This may sound confusing, but we’ve all done it. When people are hiding something, they often try to deflect attention in order to avoid consequence or accountability. The timeshare’s response here is a head scratcher, but it fits this mold to a “T”. They’re literally warning owners about the same type of tactics they use. Sadly, many of the masterminds behind exit scams are former timeshare employees. They know how to use these tactics well and they learned from the best.

Although many exit programs do use premeditated sales events to target disgruntled owners, not everyone is conned into canceling vacation ownership. What the resort fails to acknowledge is the owner’s disdain for the property. When you think about it, every exit scam lies. Telling people to expect lies from every timeshare cancellation firm is just as immature as saying every eleven-year-old boy is evil because two stole some candy from your store. 

Moreover, how the resort responds with the words “many” and “supposed” is also very telling. They never really refute the facts that many timeshare owners hear about rising maintenance fees and timeshare laws. At the same time, the way it’s worded cleverly creates doubt around certain facts, that if believed, may sway people from canceling vacation ownership. Discrediting all sources encourages owners to eventually turn back to the resort for help.

When working with a reputable exit team, the facts presented about your contractual agreement will not be lies. The key to finding timeshare resolve lies in your ability to locate and trust these companies. If the resort actually cared about their users then they would educate them on ways to find a quality solution. Whether you hire us or not, we hope to help you find this resolve.

3. “Any member who is working with a timeshare exit company may NOT be eligible for our member relief programs. Timeshares have developed and publicized a range of services to help members adjust their ownership to meet their needs. These include options to modify or rewrite loan terms, and our internal program, which for a fee allows members who meet eligibility criteria to retire all or part of their membership. Members have notified us of timeshare exit companies attempting to use these programs – charging them much higher fees to access a program that the members could have used on their own. Any member who is working with one of these companies may not be permitted to use these member relief programs.”

Again, the purpose of their response is focused on promoting their in-house solutions. While there is a lot to unpack here, let’s not lose focus of their intent. They want you to believe that even though an upgrade hasn’t worked out for you, there are a “range of services” at your fingertips. But if you decide to go with these other guys, who honestly can’t be trusted anyway, then you’ll miss out on everything we have to offer. Oh yea, if you qualify.

What they fail to mention are the strict details of their “eligibility criteria”. When you’re able to gain an understanding for the timeshare system, you’ll quickly see that this is the same pitch used during the initial presentation. Exaggerated promises and a world of possibilities can really cloud your judgement. It’s why so many people decide to buy a timeshare faster than it takes them to purchase a new fridge.

Unfortunately, far too many fractional owners find themselves in an immense amount of debt that they can’t escape simply because they keep believing in empty promises. It’s why the trend often continues with a phony relief agency. Many never take the time to find someone that actually cares and never get past the loud sales pitches of the timeshare industry.

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The timeshares statement above is like your bank telling you that you will not be approved for a mortgage unless you use their realtor. Mind you, a real estate agent has nothing to do with the lender. Timeshare companies don’t specialize in canceling vacation ownership, they specialize in selling intervals. Refusing to help owners if they seek a second opinion makes no sense at all. It’s pretty controlling if you ask us.

At the end of the day, timeshares want buyers to remain under perpetual agreements. They aren’t built to create satisfaction, rather the desire to purchase more. Still, they’re going about it the wrong way. Why don’t they spend their valuable resources on an improved experience – instead of selling more, slandering the help and claiming to be better than cancellation scams?

If relinquish programs were more prevalent, processes were more clear and the resort actually helped buyers get out of timeshare contracts when it wasn’t working out – then the appeal of canceling vacation ownership with a third party would go away. Even though they can’t sustain a trustworthy reputation this way, it seems timeshares want to continue taking chances at the consumer’s expense.

4. “[We have] documented cases of timeshare exit companies failing to communicate true account status to their clients. We also have documented cases of these companies suppressing the debt collection letters, which we send, failing to pass them on to their clients. While this may create the illusion that the timeshare exit company has obtained a “safe” and “legitimate” exit, the reality is very different. lf you find yourself involved with a company, to ensure you are getting the full story, we strongly recommend that you ask any representative to provide you with copies of all correspondence we send. It’s also good to remember that you can access your account through our online member portal to review the true status of your membership.”

If a timeshare owner has appointed another party to handle the dealings of their timeshare contract, then the appointed party should have their best interest in mind. In the response above, the documented cases that the timeshare speaks of are examples of scams. Of course they will “suppress” documents that might create doubt around the scam. Similar to the timeshare, the longer scams lead owners on, the more they can collect. But this doesn’t mean all representation should be questioned.

It is important that the timeshare owner and “Attorney-in-Fact’s” interests are aligned. This boils down to knowing who you are doing business with. It is also important that you understand what you will be receiving and what to expect as a client throughout the process. This will be very clear when you hire a reputable company. All of your questions and concerns will be addressed.

On the subject of debt collection letters, many timeshares will leverage third party collectors to either service the debt or buy the debt for a fraction of the amount owed. Consumers have rights that can be exercised. While the resort warns users of important information being held from them, they have to understand all communication should go through your representation. 

You need to be able to trust the relief company’s intentions and know your best interest is a priority. Something that timeshares have yet to prove. The last thing they want you to do is officially cease communication with them. The response here is their way of scaring you. When you exercise these rights with a professional cancellation company, their collection attempts can’t isolate, harass and intimidate you with threats. The ability to avoid them and rest easy is a very good thing.

5. “[We have] taken an aggressive stance against unscrupulous timeshare exit companies. To date, we have filed litigation against a dozen firms. While we can’t comment on active cases, you can find numerous news articles online about how we have obtained court ordered, permanent injunctions against timeshare exit companies in no less than seven lawsuits. You can also find articles online about timeshare exit companies going out of business, leaving their clients with none of their promised outcomes, nor refunds of fees paid. You can find links to a number of recent legal cases and news articles documenting these efforts and their outcomes at Fractional Owner Cancellation Awareness .com/additional-resources. Feel free to do your own research. lt is important that you understand these facts. Any questions as to how the facts and risks in these cases apply to you should be directed to your representatives.”

We combined the last two responses into one because we felt both are one in the same. Even though the industry is definitely littered with false hopes and failed promises, scams never last long. No matter how the fraud takes place, anyone can publish their own opinion regarding the cause. What’s interesting here is that the resort doesn’t mention unscrupulous timeshare companies. Plenty have also failed over the years, leaving helpless owners with the bill.

The response by the resort also seems to suggest they should be praised for pursuing scams. Even we share information on fraud. Aside from publishing articles on identifying scams, we did a two-part series on companies that didn’t know how to get rid of timeshares.  The difference between our content and theirs is that they like to spin the facts to their advantage while we try to give consumers an advantage. The simple fact they mention timeshare owners being left with “none of their promised outcomes” is interesting to say the least. Isn’t that how most buyers already feel?

While this resort may have helped shut down seven-or-so scams, they’ve also falsely accused plenty of genuine cancellation companies. Most have resulted in settlements out of court – but they don’t mention them here. Just because a timeshare files multiple lawsuits doesn’t mean the claims are valid. It also doesn’t mean their intentions are good. Most cases are ruled “overreached” or similar and dropped by the judge anyways. 

The Attorney General of Arizona is just one of many lawsuits brought against timeshare giants for aggressive and questionable sales practices. Besides, plenty of former employees have spoken out about what they were asked to do. We’ve covered a lot of this ourselves. While this is only one example of a class-action suit win for the consumer, there are many other individual suits filed by disgruntled owners every day.

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Canceling Vacation Ownership is Tough.

While the resort responsible for this letter wants you to use their websites for information, we urge you to thoroughly research their claims. Google normally doesn’t render cases against timeshares that are listed by government websites unless you have the case number or there was an article written about it. However, you can look on sites such as Justia.com to find an infinite list of cases filed where the timeshare giant is the defendant. There’s no need to allow them to control the narrative. 

When canceling vacation ownership becomes important to a buyer, they deserve to know the truth. They’re tired of being sold on options that don’t transpire and they deserve a quality, transparent resolution. We find it unethical to solicit happy timeshare owners and understand there are many predatory agencies in the industry that do so. Persuading you to cancel is never on our agenda, but we want you to know relief is possible if the desire is there.

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At the end of the day, attempting to lead timeshare owners to believe scams and ethical cancellation companies are one in the same, is highly unethical. To say we’re disgusted is an understatement. We’ve put a lot of effort into the reputation we’ve built. None of it has been based on false promises or at someone else’s expense. 

We take pride in the services we offer and hope that the industry’s attempt to discredit fractional owner cancellation doesn’t alter your judgment when it comes to relief. If you have any questions, you can always schedule a haggle-free consultation. To proceed as a client, simply fill out the eligibility form below.

Timeshare News Releases Discredit Services That Get Out of Vacation Ownership

Timeshare News Releases Discredit Services That Get Out of Vacation Ownership

For decades now, timeshare companies have been looking for ways to ensure fractional owners stay put. Routine payments allow them to profit tremendously. The problem is, they haven’t been addressing the inconveniences that plague buyers shortly after the purchase. Forcing travelers to adhere to contract perpetuity has boded well for them in the past, but owners are now starting to realize they have rights as consumers. As a result, many look to legally get out of vacation ownership before they throw away any more hard-earned cash.

What usually comes as a surprise to owners is the timeshare’s unwillingness to help them without additional costs. This naturally causes disgruntled owners to look elsewhere for relief. But in most instances, what ends up happening is their desperation gets taken advantage of by third party exit scams. Once they realize they’ve wasted even more capital, they’re not too happy with the resort – and rightfully so. 

Timeshare companies have been known to balk at dissatisfaction while pointing to signed contracts as a rebuttal. To them, it’s just business. But to vacation owners, it can be maddening. It’s rather difficult for them to pay for something they don’t believe in anymore. Especially when tens of thousands of dollars are involved. 

While we wish timeshares would take the magnitude of the purchase into consideration, it might just be wishful thinking. Unless buyers actually have damaging evidence, the resort and its sales teams know how to deflect complaints and distract their users in order to keep payments rolling in. At the end of the day, they can easily create a sense of hopelessness by reminding buyers of the ramifications that come from walking away.

Sadly, hundreds of thousands of fractional owners are currently drowning in their agreements because of this. Aside from an inability to plan the vacation they envisioned, their costs aren’t close to what they expected. The good news is, many of them are realizing that there are ways to legally get out of vacation ownership. The bad news is, timeshare companies are now trying to create fear around all exit solutions, even if they actually work.

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Timeshares Are Using “the Psychology of the Masses.”

Over the past few years, a number major hospitality brands have intentionally been in the public’s view. CEO’s have gone on talk shows, made TV appearances and even started reality shows in an attempt to garner empathy, trust and establish credibility. For whatever reason, a majority of society believes if something is on TV or social media it must be true. Sales organizations know how to use this to their advantage. The fact of the matter is, there isn’t a lot of fact-checking going on these days.

Since timeshare companies have had success misleading the general public in the past, they’re now turning to news media outlets for even more attention. This time, they’re looking to slander all companies that claim to help people get out of vacation ownership. 

While we do agree that something needs to be done about the number of scams in the relief industry, slandering the service as a whole is flat out irresponsible. Especially when they say they’re acting in the best interest of their users. Creating fear around services that help people escape an agreement they were duped into signing is borderline criminal.

How Timeshares Use News Releases to Create Doubt.

When it comes to making negative statements against an entire industry, it’s important to relay all of the facts. While certain elements of exit programs can be identifiable as fraudulent, some things need to be taken with a grain of salt. Just because a prominent timeshare company says you can only get out of vacation ownership through their internal solutions, doesn’t mean it’s true. If you actually do some research, you’ll find that these “solutions” are what eventually drive many people to cancel the contract

The resort isn’t interested in publishing blogs or news releases that explain why they’re facing class action lawsuits or multitudes of user complaints. They don’t want to provide answers and pivot for the best. They’re simply focused on attracting more buyers while slandering everything in between. Even when whistleblowers emerge or the elderly are taken advantage of, they aim to keep the train rolling.

The last thing they want to acknowledge is their own misconduct and our integrity. Just like the timeshare presentation itself, they sure know how to promote the possibilities of their relief programs. Sales teams are good at selling ideas. The thing is, the outcome never changes. As timeshares continue to puff themselves up, here’s how they’re discrediting services like ours.

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1. Scare Tactics Create Uncertainty About Cancellation.

In order to paint a picture of uncertainty surrounding timeshare cancellation services, resorts know they need to be proactive. They want to come off as a corporation that protects its users. This gives buyers no choice but to only reach out to the timeshare company out of fear. If they already believe exit companies have bad intentions, the purchase will have to really get out of hand before they think about contacting a third party

In addition to public news releases on their website (and other random online publications), summaries with links to the articles are emailed to current owners. The more news that owners receive about timeshare cancellation scams, the more likely they’ll stay away from external relief. Even if they’re dissatisfied with the resort, routine news releases subconsciously reiterate how costly trying to get out of vacation ownership on their own can be.

Scaring people from canceling their timeshare is done in a number of ways. But rarely do resorts publish accurate information or reference credible sources like the FTC, BBB or the Attorney General. Most of their content is bias and purposed to persuade in their favor. It’s why a lot of their publications pertain to “what not to do.” It’s also why expert timeshare analysts don’t reference the content they promote.

If you read between the lines, timeshares are covertly telling consumers to avoid cancellation and to trust them. They don’t actually provide proof of why you should or even explain how their “solutions” benefit buyers. They warn readers about sharing timeshare information and claim nearly any type of payment is a red flag. When in reality, their relief requirements, fees and outcomes are far less advantageous. It’s deflection at its finest.

man-in-blue-suit-thumbing-up-trying-to-persuade-to-benefit-the-resort-and-not-fractional-owners

2. They Like to Leverage Lawsuits and Legal Accusations.

There are always a number of layers when it comes to the sales strategies of timeshare operations. They know that opinionated articles lacking credibility don’t carry a lot of weight. What does, however, are lawsuits. So whenever they have the chance to showcase the deceit behind an exit scam, they do. It’s an “I told you so” approach that reaffirms their warnings and furthers the credibility of their reasoning. But it’s not the only way they’re twisting facts.

A number of major timeshare chains are now filing their own lawsuits with baseless accusations. They feel as though cancellation companies are soliciting their customers. But they continue to ignore the simple fact that buyers are desperately looking for a way to get out of vacation ownership. While legal pursuits of fraudulent companies has proven fruitful, some of their accusations are for mere exposure.

While the initial details of pending cases or legal accusations are available to the public, it doesn’t always mean the plaintiff’s claims are accurate. What timeshare companies are doing is trying to damage the reputation of successful cancellation services by making public attacks on their credibility. They want nothing more than to paint a picture that all exit companies harass their users.

Most Claims Aren’t Even Valid.

Pursuing a lawsuit and writing about the supposed misconduct allows them to say, “I told you so” once again. The problem is, many of these claims end up costing them. If you actually follow the lawsuits (and not just read their publications), you’ll clearly see that it’s simply a strategic loophole for defamation without consequence. A majority of the claims filed are thrown out by the judge. Whether the lawsuit is settled prior to litigation, won or lost, timeshare companies know they can control a biased and baseless narrative when the truth is omitted.

We’re pretty sure most timeshare companies are waiting for us to give them an opportunity to deconstruct the reputation we’ve worked so hard to build. One of our contracted attorneys is already clearing his name after false claims were publicly made against him. Why, might you ask? Because he was successfully helping timeshare owners. They wanted to discredit him before people heard that he could legally help them get out of vacation ownership.

Understanding the Deception.

It doesn’t take a lot of thought to understand how they’re attempting to deceive. As you all know, nearly anyone can file a lawsuit with gut-punching claims. For example, saying your neighbor poisoned you because you asked them for milk when you’re lactose intolerant is a stretch. But if you go on the news and give the public a reason to believe your neighbor wanted to kill you, then you’ll probably gain favorable support. In reality, you’re refusing to take responsibility for the result by blaming someone that was simply trying to help.

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Have you ever turned on the news and found yourself rooting for someone’s accusations, only to later find out they were lying? Some people never follow cases like this, but the defendant’s claim resonates with them. It could cause them to fight for something in their own life or hold a grudge against a certain group or organization. Even when the facts aren’t present, the outcome can be withstanding. No matter the legal outcome, timeshares want to control this narrative.

Since a plethora of fractional owners eventually look outside of the resort for help, timeshare organizations want the public to think that quality resolutions (something they don’t offer) are the reason why people end up opposing the purchase. But buyers are in opposition because trust has been lost and the resort doesn’t want to take responsibility for it. This is eerily similar to the lactose intolerant example because they’re blaming someone for the disdain they caused. 

They believe the act of legally terminating timeshares works against their “solutions” – and they’re right. That’s because they’re only focused on keeping buyers under contract so they can throw more money at something they can’t use and no longer wish to own. Companies like ours are messing with their money and they want people to question and fear the intent behind our services. 

3. Proposed Timeshare Bills Can Also Be Misleading.

If you haven’t picked up on it yet, news releases can be used in multiple ways to sway perception. But if you’re a timeshare owner or potential buyer, nothing is more frightening than timeshare organizations dabbling in politics. One of the ways developers are attempting to loosen the chain of industry regulations is by altering the law. Earlier this year, a bill was proposed to further limit buyer’s rights to cancel. Aside from shortening rescission periods, it also aimed to force owners to use the resort for relief options.

Although the attempt was to eliminate third party relief altogether, the most disturbing element was how they promoted the bill. They claimed the intent was to improve the timeshare experience and give buyers a chance to enjoy the purchase with their “solutions.” They really wanted consumers to think they were thinking of them. In truth, they just didn’t want them to get out of vacation ownership. 

The same approach played out in Arizona when timeshare developers batted the state’s proposal to give buyers more time to change their mind. Tons of articles and spin offs were written in an attempt to persuade owners it wasn’t in their best interest. But how does an extended trial period hurt consumers? How will further limiting buyer’s ability to cancel something they regret change the perception of the industry as a whole?

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Not All Timeshare News Releases Are True.

The timeshare industry has been cloudy at best and we can all agree skepticism is prevalent. Similar to politics, it can be pretty difficult to decipher the truth. It’s why consumers need to take the time to inspect claims and research the companies they do business with. No matter what’s being published, there’s always an intent behind it. If you stick to the facts, the truth will rise to the surface on its own.

Listen, we know that a majority of timeshare relief programs are fraudulent. But we also understand how many fractional owners feel. That’s why we do our best to publish factual information while eliminating bias. Although it may seem like timeshare companies have good intentions, it appears they’re only interested in instilling fear by controlling the narrative. 

Just because a neighbor’s dog bites you doesn’t mean you’ll win a lawsuit against the pet’s owner. Especially when you tortured and provoked the dog for years. You can make the pup out to be the aggressor, but if you keep antagonizing animals you’ll probably get bitten again. This repetitive cycle will eventually catch up to timeshare companies as well. In the meantime, we’ll continue to follow the rules and remain willing to listen when unhappy buyers call.

If you’re wondering about the legitimacy of a news release and how it might affect you, make sure you allocate the source. It the message derives from the resort and no other consumer protection agencies comply, then it’s just an attempt to control the narrative. If you’re interested in learning how you can get out of vacation ownership, we’d be more than happy to help. We don’t believe in pressuring you to cancel and will always locate the best solution.

6 Things to Consider Before You Give Away Timeshare Interval.

6 Things to Consider Before You Give Away Timeshare Interval.

Over the years, we’ve seen how difficult fractional ownership can be. Whether owners are forced to deal with limited availability or unexpected fees catch them off-guard, none of them deserve to be trapped in a costly, disadvantageous agreement. While it’s easy to assume regret would only haunt first-time-buyers, plenty of current owners experience buyer’s remorse on their 2nd or 3rd timeshare purchase. Nobody expects to spend this much money on a bad result. But when the property isn’t what it was thought to be, disgruntled buyers usually want to know how they can get out of fractional ownership. Over time, some are ready to simply give away timeshare intervals just to be able to walk away from the burden.

For many owners, the thought of getting rid of the financial obligation never even crossed their mind. A good portion of buyers are commonly distracted by the anticipation of going on vacation once per year at a discounted rate. Even when inconvenience or uncertainty occurs, optimism remains. Because they’re nurtured by sales teams, buyers never really even think to look at the contract to gain a better understanding for what it entails. It’s mind-boggling how people will haggle over the details of a car purchase or home renovation but they rarely think twice about a $20-40K timeshare mortgage. Well, until they realize there’s a problem. 

The problem is, perpetual timeshare contracts include a rescission (or cancellation) period that rarely exceeds a week. While the time frame was recently extended in the state of Arizona, it’s still not a lot of room for buyers to truly garner a feel for the timeshare experience. Unless they immediately review the terms or attempt to book their condo, they aren’t really given an opportunity to change their mind. Because of this, grief surrounding the purchase usually doesn’t build up enough momentum for the owner to take action until after they’ve paid a hefty sum to the resort. Sadly, many owners spend an awful lot of money trying to make it worthwhile.

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A Timeshare Purchase Can Change the Buyer’s Perception.

Like we mentioned in last week’s article, the journey of finding satisfaction or relief as a timeshare owner can be an adventurous one. The overwhelming number of bait and switch tactics, not to mention the flat out lies, can leave fractional owners frantically seeking a solution that doesn’t devastate them financially. Unfortunately, it can even cause them to delve into some misconduct themselves. Either way, a majority are desperate to find a way out of their timeshare.

While affordable options may seem like the only ones, they normally end up bad. When sales pitches seem promising, they normally aren’t. As soon as you feel like you’ve found light at the end of the tunnel, it quickly dims. We know it can be tough and easy to give up hope. Being victimized over and over tends to cause people to act irrationally. While abandoning a timeshare may benefit you in the long run, there are some ways it can work against your goals.

Should Buyers Give Away Timeshare Agreements?

Before you go all-in and try to donate a week to charity or give away timeshare obligations, try to think as logically as you can. Nothing in the timeshare industry is as easy as it seems. Making an informed decision is a lot better than desperately off-loading a timeshare to anyone that will take it. With that being said, here are six things to consider before giving it away.

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1. The Decision to Dump is Only Step 1.

When it comes to canceling your timeshare, there are a plethora of options for owners to choose from. Making the decision to give away timeshare contracts can be a tough one when there are hundreds of sales pitches flooding your inbox. Every offer is going to cause you to second guess your decision. You have to realize that no matter what you decide, hesitation will occur because of what you’ve already been through.

Psychology aside, giving away a timeshare isn’t as easy as signing over the title to a car. In case you didn’t know, timeshares are listed for $1 on eBay right now because tens of thousands of people don’t want them, and no one is bidding. Not only do most charities now avoid accepting timeshare donations, but most organizations are skeptical of them. The perception of the industry isn’t doing too well right now and hasn’t been for awhile. If you think you’re the only fractional owner willing to give away timeshare obligations for free, you’re in for a big surprise. 

Like many buyers who dabble in resale, the waiting game can be costly. So before you get excited about dumping the property for nothing, realize it’s going to be tough to get someone to take it on. If you’re not prepared for this, it can be another devastating blow that wasn’t expected.

2. Give Away Timeshare Scams Exist.

The concept of giving away timeshare contracts hasn’t been around long but it didn’t take long for disinterest to grow. When you really take the time to think about it, expecting the burden of the purchase to vanish because someone else took over is pretty ridiculous stuff. But fraudulent operations have known that people have a desire to offload and walk away from timeshares. Like resale and exit scams, they know how to deceive owners and sell them on “donation services”.

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Scams in the timeshare industry are dangerous because of the perpetual contractual obligation. Owners may believe they’re free and clear of this contract only to find out their liable for a boatload of fees at some point in time. Criminals know how to lead people on long enough to collect a nice amount of cash and disappear into another fraudulent operation. So if you really want to give away timeshare obligations, make sure you actually are. Taking the time to thoroughly research those offering you help can be invaluable in the end.

3. Failed Transfers and Donations Can Happen.

While finding a willing recipient can be challenging, ensuring they follow through can be a whole new ballgame. Aside from learning how to identify scams, you should also look into the process of a deeded timeshare transfer so you know how to properly execute one when the time comes. Since time sharing is already suspicious to most, you have to realize some potential recipients are going to get cold feet or change their mind. This is almost inevitable if you don’t know what you’re doing.

Some timeshare owners are able to use 3rd party companies to help them find recipients. While their contact list and experience might be superior to your capabilities, it doesn’t always mean they’re going to be able to help. If the resort blocks the transfer, then there’s not much you can do. It’s just like hiring a litigation attorney to sue the resort, only to lose the lawsuit. Although their intent might not be to scam you, you’re still left without resolve and more timeshare-related bills. 

4. The IRS Might Have Some Questions.

For the most part, donations on your tax returns aren’t too much cause for concern. But when it comes to the timeshare industry, government agencies know how desperate owners can become. While the risk of being contacted by the Internal Revenue Service is higher when you give away timeshare contracts, it doesn’t necessarily mean you’ll accrue a penalty. At the same time, no one likes dealing with the IRS.

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The point is, if you haven’t written off a donation before then you might be caught off guard during tax season. You might even experience some grief down the road once you’ve moved on – forcing you to relive the regret. If you’re going to give away timeshare weeks then make sure you’re taking the time to include all of the details on your tax returns. It‘ll be worth every second.

5. Some Timeshare Obligations May Still Remain.

One of the most unfortunate situations for timeshare owners is when they believe they’ve gotten rid of the property only to find out it was just the mortgage. Deeded fractional ownership comes with a number of additional charges that many aren’t privy to on the front end. If you decided to upgrade at some point during the process, giving away timeshare weeks may still leave you with some obligations.

Aside from unknowingly being responsible for multiple contracts, many timeshare owners aren’t relieved of their duty to pay annual dues. Maintenance fees and special assessments can really add up over time. Especially if the owner isn’t aware they’re still being charged. Often times, foreclosure is initiated before they realize the obligations are still in their name. Talk about deja-vu.

deja-vu-look-by-aging-woman-in-glasses-zooming-on-surprised-look-because-of-facts-around-giving-away-timeshares

6. Legally Exiting the Agreement is a lot Easier.

If you’re truly on the fence about your timeshare property, that’s okay. No one should expect you to make uncomfortable decisions when it comes to getting rid of it. But, you do want to permanently exit the timeshare right? While hiring a cancellation company can be intimidating, the fact of the matter is: giving away timeshares is extremely risky. Even if you’re able to find someone to take it off your hands, they’re more than likely going to contact you when it doesn’t work out.

Research Your Options Before Giving Away Timeshares.

If you have a quality timeshare property that’s been good to you over the years then we encourage you to gift it. But if the purchase has caused you so much grief that you’re willing to do anything to escape the timeshare, then morally you really shouldn’t dump the burden on someone else. Even if other relief programs have burned you in the past, we’re willing to earn your trust. Our attorney based process has turned out 100% satisfaction ratings since 2014. We do things different at VOC.

While it might be tempting to give away timeshare obligations to a gullible party, eliminating your responsibility for good will give you a lsting peace of mind. Investing in a proven process will take the burden out of your hands and help you reach your goal of terminating ownership. If you want to learn more about our culture and the results of our clients, feel free to schedule a consultation or click on our eligibility form below.

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