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When timeshare owners decide that they no longer want their timeshares, sometimes the first thing they do is contact the resort to cancel the contract. But the resort gives them a lot of conditions to cancel timeshare contract.
We know that timeshares are not good investments at all because they have no value.
A timeshare may work if your plan is vacationing to the same resort every year, but still, you will pay more for the timeshare than vacationing on your own. You can learn a little bit more about timeshares at:
Buy timeshares – What’s the big risk about it?
Timeshares, are they a good purchase?
Is timeshare a good investment?
“Do you Want to Cancel your Timeshare? Don’t Worry, Just Pay Us”
Some owners realize that they cannot afford a timeshare after they made the purchase, and sometimes they decide to contact the resort to give back the timeshare or to simply cancel the contract.
But the timeshare resorts don’t accept timeshare cancellations that easy, they will give you many conditions to cancel your timeshare, being the next the most popular.
Conditions Given by The Resort to Cancel Timeshare Contract
1. - Timeshare downgrade: Most of the time, when a timeshare owner asks for a timeshare cancellation, the resort will offer a timeshare downgrade, which means lower the level of the membership, that way you will pay “less” for the timeshare fees, making the payments more affordable.
2. - Stop the charges: Some resorts offer timeshare owners who want to cancel to stop making the charges of the timeshare maintenance fees for a period of 6 months, some others offer until 1 year. This is with the condition to not cancel the timeshare.
3. - Pay a percentage: When the resort agrees to cancel the timeshare membership, they don’t do it for free; they tell the owners that they have to pay a percentage of the total amount of the timeshare ownership.The percentage can vary from 35% to 50%, depending on the timeshare resort.
The above are the most common conditions given by the resort to cancel timeshare contract, but there can be more.
As you can see, the timeshare resort will not let you go away from your timeshare that simple.
Besides, they don’t care if you are not able to afford the payments or whichever is your situation; if you don’t pay, they will send you to a collection agency.
How to Cancel a Timeshare Contract Regardless of the Resort?
If you tried to cancel your timeshare directly with the resort ,and they gave you one of those conditions to cancel a timeshare, but none convinces you, there is a good solution: hire a timeshare attorney.
If you hire a timeshare lawyer, he or she can help you cancel your timeshare contract without dealing with the resort. They will do all the work and all the negotiations for you.
At Mexican Timeshare Solutions, we specialize in timeshare cancellations. We have very experimented associates that can offer you help in fast.
Contact us to get a consultation on your timeshare situation and see how we can work together to cancel your timeshare contract.
Best of all, we do not charge anything upfront, and the consultation is totally free. It is time to get rid of your timeshare.
To receive more information about cancel a timeshare contract, send a WhatsApp to +52 333 239 6589, fill in the form in the contact section or call us at +1 714 277 3662.
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How to get out of a timeshare?
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last year my wife and I were scammed by the grand mayan into buying a timeshare membership. The resort don't want to cancel, what can we do?
I dont want to know about timeshare thing any more, i was scammed like 2 times by the same resort ! at firts look that was a good idea to acquire a timeshare , but was all the opposite , i lost a bunch of money on the process, now im fighting for get my money back !
I was suckered into buying timeshare in Cancn, later I read the awful reviews online. I live in Canada and sent in my cancellation letter 2 days after the purchase date. Does anyone know if they go by the timestamp date or the day they receive my letter?
I own at Royal Holiday. The properties are fine, but the product is a complete ripoff! You can't book what you want and the annual fee is higher than the rate at which you can book the same properties on line at the same time.
I want out. I was told by their sales person that if I wanted out they could "put your membership back out on the floor and sell it!" This turns out to be a complete lie. I just want out. I told them this. They go to their own appeal process and say no.
How can I get out?
Only upon our return i noticed that there was no cancellation clause in the contract. I did however mail out a letter signed by my husband and I that we want to cancel our contract and mailed it out to Pueblo Bonito. We bought our membership on Sep. 23th so we are within the 5 days of rescinding our contract, but not sure if it will go through.
I am one of the fools who purchased a timeshare. I also paid a company $625 to sell it. BIG mistake. Its been for sale since 2003 with no offers. I dont have time to go to my timeshare. Maintenace fees cost more than a hotel would cost for the year that I can use my timeshare. The resort don't agree to cancel. DON’T buy a timeshare horrible idea. So far I am about $15k in the hole and I have never used it. Its a scam.
My question…. Is there any magic way to make this go away and get it off my hands. I would consider a huge loss if I could just be free of this darn thing.
I am one of the fools who purchased a timeshare. I also paid a company $625 to sell it. BIG mistake. Its been for sale since 2003 with no offers. I dont have time to go to my timeshare. Maintenace fees cost more than a hotel would cost for the year that I can use my timeshare. The resort don't agree to cancel. DON’T buy a timeshare horrible idea. So far I am about $15k in the hole and I have never used it. Its a scam.
My question…. Is there any magic way to make this go away and get it off my hands. I would consider a huge loss if I could just be free of this darn thing.
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