Timeshare salespeople never tell you how to get out of a timeshare!!!
All they say is: want to have a fabulous fulfilled vacation at beautiful resorts and all for a reasonable price? Well how about buying a . . . timeshare or should I say a timeshare scam.
Don’t think for a minute I’m endorsing time sharing because I’m not. Frankly, I believe for most people timeshare is a big burden that can last a lifetime and not all but some people that buy a timeshare wake up and send a timeshare cancellation letter and notify the timeshare company to cancel my timeshare.
The timeshare industry is a multi-billion dollar timeshare scam that is perpetrated on the average couple throughout the world.
Today there are so many timeshare scams, yet everyday people still fall for the timeshare sales pitch thinking that they are investing in a piece of real estate.
Why? Because for so many years, that’s the way timeshare was pitched. The timeshare sales people told buyers that time sharing was a good investment.
With that said, let me say, when time sharing first started it was not a bad thing, and back then there was never any talk about a timeshare cancellation because the people that brought time sharing like it and time sharing worked.
However, what timeshare started out as being, has changed drastically over the years. Many years ago when timeshare was in its infancy it was good and no one would call it a timeshare scam. Back then, the timeshare concept was that you were buying into fractional ownership in the resort property itself.
So let’s say, you bought one week at a timeshare resort. You as an owner, owned one week out of the 52 weeks in a year and other people would own the other weeks, so all the owners would own a fraction of the property, sounds nice.
There’s nothing bad about that, however, it was not like the timeshare scams of today.
Back when timeshare started, everyone like it and there was no lies told by the timeshare sales people, no high-pressure selling and no one ever thought about doing a timeshare cancellation.
If a resort has many condominiums on their property, the owning one week out of 52 scenario goes on and on for each unit in the complex. You can see how the money adds up for the resort owners, can’t you?
There is a lot of money to be made by owning a timeshare resort and it has made billionaires out of many people. So I guess, it’s just human nature when there is so much money to be made, that the timeshare scams of today had to slowly evolve.
If you own a timeshare and have owned your timeshare for a number of years, you may remember back when the timeshare weeks were sold as Red, White and Blue weeks.
Of course, the Red weeks were more expense and were the ones that were pushed by the timeshare salespeople to the buyers. The higher the price of the week that you buy, the more commission that goes into the salesperson’s pocket.
It was these weeks that were more sought after and of course, could be traded more easily. But then, what happens over the course of the resorts selling lifespan, is that the resort ends up with only White and/or Blue weeks left to sell. Less desirable weeks.
The resort becomes known by the timeshare salespeople that work there and in the industry, as a resort, not have any good inventory to sell. The resort starts to lose their salespeople to greener pastures where other timeshare resorts have better inventory, more desirable weeks that people want to buy.
It’s no secret that the new money that is brought into the resort from new sales is the life blood of the resort, and resorts that do not have a steady influx of new money, start to deteriorate in upkeep from lack of funds.
So the resort had to start making repairs to the property by tapping into their present owners pockets in the way of assessments. Thus, the timeshare owners are not happy because they can get a big bill for costly assessments anytime the resort owners feel it is appropriate.
The timeshare owners start to realize new amenities that were promised and projected to be in future building plans for the resort, in the initial timeshare presentation are not coming to pass.
At the same time, buyers start to learn that trading is becoming harder, if not impossible to get to a place you want. So the buyers are now beginning to see their dreams of vacationing across the country and around the world, slowly dying on the vine.
Also, since timeshare is a purchase that is made for a lifetime, buyers keep getting tapped for the big maintenance fees, which keep going up and many people get to the point in life where they can no longer keep up with the high-priced maintenance fees.
Some people try a timeshare cancellation by calling the resort and give a real sad story and then say . . .
I need to know how to get out of a timeshare. For sure, these people do not know how to get rid of a timeshare.
It’s easy to buy timeshare but, after the timeshare cancellation period has expired, it’s not easy to cancel timeshare and if you try to do a timeshare exit without the help of a team of timeshare exit professionals it’s guaranteed to fail!
If you own a timeshare and feel you have been involved in a timeshare scam and/or would like to know how to cancel timeshare our timeshare exit team can help you understand what actions you can take to get a timeshare cancellation.
To learn more about a timeshare cancellation see our
frequently asked questions on our website or give us a call.
To find out more about timeshare cancellation log onto our website.
5036 Dr. Phillips Blvd. #221 Orlando, Florida 32819-3310 USA
For A Free Timeshare Exit Consultation,