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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?
Under no circumstances would I ever recommend buying a timeshare. So many rules and regulations. Crazy fine print. Shady sales people. High annual costs. Expensive. Trust me. I've learned the hard way. Save yourself the grief.
asi es como deberia ser, y tampoco deberian estafar a lagente, pero no se puede pedir todo, aunque me cueste cancelarlo es la mejor opcion a seguir pagando por algo que nisiquiera puedo utilizar
el día 10 de noviembre de este año estuvimos en Cancún hospedados en el hotel Agua Marina Beach ahí un joven que se dijo ser empleado del mismo nos ofreció tarifas más bajas en los tours de Xcaret, Cenotes, Xel-Ha-Tulum, Xplore , si accedíamos a ver una presentación en el hotel Villas del Palmar, pactamos hacerlo la mañana del 10 de noviembre ya que nosotros llegamos a cancun el día 9, fuimos a la presentación, llevábamos la cantidad de $ 15,000 para la compra de estos tours pero creo que este empleado estaba coludido con los que venden las membresías pues después de la presentación y debido a que gracias a su agilidad o engaños lograron convencernos nos pidieron nada menos que $ 13,000 como parte del enganche que deberíamos cubrir este próximo día 10 de diciembre bueno mi problema es que después de analizar la situación hemos caído en que había muchas razones para dudar de la honestidad de este contrato de compra venta decidimos cancelar pero nos encontramos con que el seudo GERENTE DE VENTAS no nos había dado ningún número telefónico para poder contactar con el sin embargo antes que eso el nos estaba presionando para que realizáramos el pago del restante del enganche y como le manifestamos que por múltiples circunstancias ya no podríamos llevar a cabo la compra simplemente dejo de llamarnos y nosotros marcamos al número del cual provenían las llamadas y simplemente no contestan, y si lo hacen nos dejan en la línea y ha sido imposible.
También nos dirigimos a el mediante correo electrónico notificándole nuestra petición pero jamás hemos recibido respuesta. queremos desde luego recuperar el dinero pero también nos interesa saber como procederían los pagarés que firmamos uno por el total del enganche y otro por el total de la deuda descontado el enganche. ambos están fechados en la Cd. de Cancún Quintana Roo y no México, D. F.
En espera de su pronta respuesta. Mil gracias.
Hola acabo de comprar una en westgate solo pague los 500 q m dijeron q podria pagar si no pago la cuota principal q pasaria ademas veo q es una estafa quisiera cancelar antes de pagar pues solo he dado los 500 dolares y no di permiso de q sean cobrados a mi tarjeta de credito ademas puedo cancelar la tarjeta me podrian decir q puedo hacer y no quiero ser mas estafada x q no tengo el dinero gracias
Igualmente deseo cancelar mi propiedad de tiempo compartido en West Gate Lakes Resort&Spa, cómo podemos hacer esoo???
The timeshare business has tainted a couple of wonderful family vacations for us. The reason we go to resorts is to avoid the hustle of daily life but then we are accosted by these sales pitches. Bad business.
estoy de acuerdo ,deberia ser un derecho, pero infelizmente cuando queremos cancelarlo se convierte en un problema y ponen todas las trabas para que sea casi imposible, lo mejor es acudir a una empresa especializada en esto
Me gustaria cancelar mi tiempo compartido sin pagarles mas a esos estafadores, puedes ayudarme ustedes? gracias
Want to cancel timeshare from occidental
In May we bought a timeshare in Cancun Westin Regina, we have not used, but the current situation can not afford it and want to cancel it, but I say it is not possible, there is no cancellation after five days, but that does not commented, so we are forced to pay a promissory who never told us we were signing and we do not know which media to use to cancel, but miss the hitch and the given in installments, but we want to get this out of me
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