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Never pay upfront to cancel or donate your timeshare. If you do, you might be losing more money down the drain. Learn how to avoid becoming a victim of fraud when looking for relief from your timeshare purchase.
Timeshare cancellation
The timeshare industry is growing rapidly, with more companies preying on timeshare fraud victims.
If you do a search online for timeshare cancellation companies, you will find many companies that claim to help people get out of timeshares by taking them off their hands and donating them to charities or other organizations that can use the timeshare or state they can cancel the timeshare by charging an upfront payment.
When the client calls the timeshare cancellation company for a consultation, usually they are told that they can not only cancel a timeshare contract but also recover the money most times and explain how their expertise will entitle them to help you recover your investment.
The blurry thing here is that they normally charge an upfront fee for things such as taxes, appraisals, or a change of title fee. Some of these companies charge several thousand dollars in upfront fees to people who are desperate to get out of their timeshare situation.
These companies claim that this one-time fee will guarantee a quick transfer or cancellation, or there is a 100% money-back guarantee.
Unfortunately, when paying upfront to timeshare cancellation lawyers or companies, you, the client, become the weakest link again. They have the upper hand because, whatever the results, they already got paid up front.
Making a short analogy, Would you pay a salesman who promised you he or she could sell your house for a profit their 6% commission upfront? What would be the incentive for selling your house if they already got paid?
In an industry with an abominable reputation, it is imperative to take caution. You cannot walk around paying money to people who claim they can help you for whatever reason.
If you come across a lawyer or company that claims to have outstanding service and guarantee results as one of their main goals, then they should be willing to provide results before requesting a payment.
In the case of donating a timeshare to a charity, it is a noble and convenient idea; however, in practice, most charities and non-profit organizations do not want to inherit timeshares due to the high cost of maintaining them, and the low value that they hold.
It ends up costing the charities more time and money to try to rent or auction off the timeshare week, and then after incurring the cost of the maintenance fee, there is little to no profit remaining for the charity to benefit from owning the timeshare.
The timeshare weeks are often listed online at cheaper prices than the cost of the maintenance fee for one week.
In addition, the maintenance fees for timeshares continue to increase, despite the confusing language in the timeshare contracts that makes it appear that they will remain constant.
Also, many timeshare resorts are charging special assessments equivalent to the value of the maintenance fee every five years.
These increasing fees make the dream of profits from timeshare rentals even harder to achieve, and opportunities to donate to charities are very few and far between.
If a company is willing to relieve you of your timeshare fraud or accept your timeshare as a donation, it is obvious that a fee will be involved for their services.
In order to ensure that you do not get scammed again, ensure that you get a quote in writing of their fee, and do not pay anything upfront to their company or a third-party escrow company until you have personally checked with the resort to make sure that the transfer has been completed.
Our staff at Mexican Timeshare Solutions cannot stop these timeshare cancellation companies from going into business, but we are trying our best to educate victims of timeshare scams to protect themselves against further variations of timeshare fraud by avoiding paying any upfront fees.
If you have been scammed by a resort, rental or resale experience, make sure that you share your experience so that other innocent vacationers are protected from the financial hardship of timeshare scams.
You can post your comments on our blacklist timeshare companies.
Cancel your timeshare!
Mexican Timeshare Solutions does not promise to donate your timeshare or transfer your title to another organization.
After all, if the timeshare is a scam, why would you want to inflict financial and emotional harm on other individuals or charitable organizations?
The goal of Mexican Timeshare Solutions is to provide our clients with the best way to get out of their timeshare contract, by canceling the contract properly so that they can vacation on their own terms.
Contact us at Mexican Timeshare Solutions for a free consultation and analysis of your timeshare situation.
We do not charge any fees until you have received confirmation that your timeshare has been properly cancelled, so you have nothing to lose, except your timeshare!
To receive more information about how to cancel your timeshare, send a WhatsApp to +52 1 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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Leave your comment below and share your opinion with us. To know more about timeshare scams go to: Timeshare Debt: Can my credit score be affected if the resort does not have my SSN?
That is my idea of hell. As soon as I hear ‘timeshare’, I run the other way as fast as I can.
It is a good thing you were there a month – long vacation, as 3 hours is not as big a deal I guess as it would be if it were just a week. But I still would have been furious.
You were very smart to listen to your instincts, that is for sure.
I had no clue the only way to get out of the timeshare is to die. Ouch!
Hola quisiera que me ayudarán a cancelar, también compre tiempo compartido hace un mes y medio en mi luna de miel en Orlando Florida eran tan insistentes!!! Q uno se siente obligado a comprar fue en west gate quiero cancelarlo! Nosotros dimos 300 dólares no más y las demás cuotas deben descontar las de la tarjeta de crédito la cual esta bloqueada para compras internacionales y ellos no han podido descontar! Por favor ayúdenme gracias
In my experience of attending several timeshare promotions, people don't need to "assume" that the timeshare will go up in value as you state-they are told that by the salesperson.
What are the steps involved in donating a timeshare to charity?
I have been trying to unload my timeshare for 14 years now.I too got caught up in the moment,didn't read the contract in it's entirety and have never used it. Maintenance fees are up to $800 per year now. The biggest mistake I have ever made in my life. Times shares are worthless,they have very little or no value at all.Try selling it back to your resort or through a resale agency.Rip offs and scams is your reward.Yes been there done that.Yes you can enjoy them now,but when all your children are grown and you are in your senior years and can no longer travel,then what will you do with them? A time will certainly come when it will no longer be beneficial to you and then guess what?You can't sell it and upon your death it passes on to your heirs.This is a horrible curse to put upon your loved ones.Even death does not stop this evil thing called timeshare.For those who have been lucky enough to sell their timeshares,other than telling us you have accomplished this,PLEASE,PLEASE,tell us how and through whom this was done so that we too can be timeshare free.Dave if you have or can suggest a reliable timeshare relief agency please enlighten me/us as well.I just want OUT!
Yo tambien compre en Septiembre 13 en West Gate di $500 y me gustaria cancelarlo
What's worst with these timeshare scams is that they victimized usually those owners who wanted to extract some amount even though they cannot recover the full cost before dumping their timeshare property. So, for some timeshare owners wanting to get rid of their units, beware!
pues como que te cobran por donarlo??? sinceramente crei que ya no podian estar peor hasta que vi esto, no tienen verguenza ya
I signed contract for timeshare with Trendwest last month and I have regretted it ever since because it is just not a right fit for me and the way I vacation. The Trendwest people there's no way I can buy it and then think about it and cancel. Basically, there's no way to cancel after I signed the contract. My contract says 7 days (which I didn't even read until today because the Trendwest people forced the idea of "no cancellation" in me). What can I do at this point to cancel?
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