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Search Results for: timeshare scam

List of Top 8 Timeshare Scams

There is a lot to watch out for in the world of timeshares. If you are going to become – or remain – a timeshare owner and have a good experience, you need to be sure to watch out for some of the scams that revolve around this industry. By knowing what to watch for and what to expect, you can make decisions that will protect yourself and your family.

The article below highlights some of the things to pay attention to with regard to timeshares. You’ll have to make the decision for yourself if you want to get involved with a timeshare, or if you want to stay involved with one you already own, but arming yourself with the information below should make it easier to arrive at a balanced, reasonable decision on this matter.

1. Upgrade Offers

This first one on our list actually applies specifically to people who are already timeshare owners. Once you purchase a timeshare and start to pay your ongoing fees to maintain that account, you likely think that you are done with your purchases from the developer. That’s not how it often goes, however. In many cases, the first purchase to buy into the timeshare is only the starting point, and plenty of other sales pitches will be made moving forward in an attempt to get you to upgrade your membership to unlock additional perks.

Those perks can vary from one situation to the next, but will often include things like access to nicer rooms or different properties, preference with regard to booking, or even reduced fees on your account. However, as with so much in the timeshare world, all is not always as it seems, and you might quickly find that you regret paying for this “upgrade” shortly after the deal is finished. Rarely do the benefits of upgrading your account add up in terms of what you had to pay, so you’ll probably feel like you would have been better off keeping your money all along.

2. Resale Scams

There is a whole ecosystem around the timeshare industry that extends far beyond just the timeshare developers themselves. Included in that ecosystem are companies that offer to sell your timeshare to get you out of the contract and earn you money at the same time. While not all resale offers are scams, it’s wise to be quite wary when entering into an agreement that offers this service.

The primary risk here is paying an upfront price to a resale company that won’t wind up being able to sell the timeshare in the end. If that happens, you are out the money that you paid to the reseller and you are still stuck with the timeshare. If you are going to agree to have a third-party attempt to sell your timeshare, it’s important that you do so without paying anything upfront for that service. Only consider working with a company that is going to get paid on a percentage or fee basis after the deal is done – and even then, be cautious and do your homework just to be safe.

3. Bait-and-Switch Presentations

This is perhaps the biggest complaint that people have about the timeshare industry as a whole. The experience that is presented to potential timeshare buyers as what they will enjoy after they become a member commonly turns into something very different once the membership experience gets started. Some presentations are more honest and forthright than others, but many people feel what they are told while the developer is pursuing a sale is not what they find after making a purchase.

One example of this issue is the trouble that many owners have finding available times to book after they purchase a timeshare. In the presentation, there is rarely – if ever – talk about how competitive it will be to book a spot at the best properties during the best times of the year. All of the images and videos show people having fun in the sun at a beachfront resort, but will you be able to get that spot year after year? Or are there too many other owners in the system to make it realistic for you to get such a great reservation? Plenty of timeshare owners later try to get out of their ownership contract specifically because they aren’t able to make reservations easily when and where they want them.

4. Misleading Gift Offers

The standard method for getting people to agree to sit in timeshare presentations is by offering them a gift of some kind. In some cases, this gift is pretty straightforward, like a gift card to a restaurant in the area, or even a physical product. In other cases, the timeshare developer might be offering a couple of nights – or more – at one of their properties in exchange for taking the time to listen to their sales pitch. When executed fairly, there is nothing wrong with the exchange of goods or services for the time of people who might be interested in buying a timeshare.

Unfortunately, many people have had the experience of agreeing to sit in a timeshare presentation only to find that it’s not as easy as they expected to get that gift. These kinds of sales presentations can drag on for many hours, and when people ask about getting their gift, so they can leave, those questions will often be put off and drug out as long as possible. In some cases, the gift will prove nearly impossible to receive, or it will require that people jump through so many hoops along the way that they finally just give up and leave empty-handed.

5. Fraudulent Exit Companies

Good timeshare exit companies can provide an outstanding service for their clients – but they aren’t all good. Some companies in this space are only trying to make a quick dollar and won’t wind up providing any results for the money you spend. As we mentioned earlier with regard to resale companies, the key here is to avoid paying upfront for services that haven’t yet been rendered. Instead, work with an exit company that offers an escrow service to hold your money while they work on the case. That’s a better path and will prevent you from being scammed.

6. Rental Income Offers

The idea of renting out some of your timeshare vacation time to other travelers in order to cover some of the costs of owning that timeshare is very appealing. As such, some companies will promote their ability to find renters for you in exchange for some of the revenue. Again here, this is where timeshare owners are often left disappointed.

Despite the bold claims made by many of these companies, it’s often the case that they have far too much rental inventory and not nearly enough interested renters to bring in meaningful revenue. If you are going to try to take the rental route in order to make some money back on your timeshare ownership, do it cautiously and only work with reputable companies.

7. Unsolicited Sales Pitches

Sometimes, it seems like timeshare scams come out of the clear blue sky. You aren’t looking for information on timeshares, or even traveling to a place where timeshares are common – only to suddenly get a message on your phone or through an email that is trying to pitch you a timeshare purchase. Often, these unsolicited pitches come along with special offers or gifts, as we talked about above.

Of course, you are free to simply decline these pitches, but the salespeople behind them are often quite skilled and experienced, and it can be hard for some people to say no. Always think twice about agreeing to buy something – or even hear about something – that you weren’t interested in until an offer came to you out of nowhere.

8. Unnecessary Rescission Services

The last entry in our list of timeshare-related scams has to do with services that will help timeshare buyers use the rescission period to get out of their purchase. This period of time – which varies from place to place, but is often about a week – provides buyers with an easy way out if they have second thoughts shortly after buying a timeshare.

The problem with these services is this – they aren’t really necessary. Almost any buyer can utilize this cooling-off period on their own, simply by contacting the developer directly and informing them of their desire to cancel the contract. Paying for rescission services just isn’t needed in the vast majority of cases and will simply be a waste of money.

Looking for a Way Out

If you are already a timeshare owner and you decide that you would like to look for a way out of that experience, timeshare exit companies may be able to help. To seek one that is going to fit your needs, take a moment to contact us today at 833-416-8796. You can also use our live chat feature to get in touch. We would love to work with you on this matter and help you to find a partner that can seek the resolution you desire. Let’s get started right away!

List of Top 8 Timeshare Scams Read More »

Global Business Consultants Timeshare Scam

This is a short blog post to warn timeshare owners about a new timeshare scam being carried out by a company calling themselves Global Business Consultants. The company has an F on the BBB along with 3 complaints.

According to online reviews and customers who have contacted us, Global Business Consultants contacts timeshare owners out of the blue and offers them a ridiculously high price for their timeshare. Usually, this scam is used for timeshares in Mexico. Global Business Consultants will tell you to wire them money for some sort of international transfer fee, and then your timeshare will be sold. This will not happen. You will transfer the fee, and never hear from them again.

This is the oldest scam in the book when it comes to timeshare resales. The truth is, most timeshares lose most of their value the second they are purchased. Timeshare is not an investment. This is why you can find many timeshares on for sale by owner sites like Ebay for sale for $1 with no one buying them.

Because timeshares are so difficult to sell, many owners have turned to timeshare exit companies to cancel their timeshare. These companies work with lawyers to get your timeshare cancelled. For more information on how to cancel your timeshare with a timeshare exit company, initiate live chat, submit a contact form on the right side of the page or give us a call 833-416-8796

Global Business Consultants Timeshare Scam Read More »

Mexico Timeshare Scams & Complaints

There are several different types of Mexico timeshare scams and complaints to be aware of. Some scams happen before you buy a timeshare in Mexico and other scams happen after you buy the timeshare.

Mexico Timeshare Scams Before You Buy a Timeshare

To start, most timeshares can be considered a poor value when bought from a resort developer directly. It doesn’t matter if the timeshare is in Mexico, Canada or the United States. When you buy a timeshare from a resort developer directly, it almost always decreases in value by 50% or more the second it is purchased. This happens because a significant portion of the purchase price goes towards paying the sales staff commission, the sales facilities and the free gifts used to lure vacationers into the timeshare tour. There are not many products on earth that immediately decrease in value by several thousand dollars the second they are purchased. While this might not be considered a scam, it is certainly a poor value.

If you finance the timeshare through the resort developer directly, there is a good chance you’ll be paying a very high interest rate above 10% as well. Again, this isn’t necessarily a scam because it is disclosed to you in the timeshare documents, but it is certainly not a good value.

A timeshare becomes a scam when a sales agent chooses to lie to you about what a timeshare is and how it can be used. For example, a timeshare is not an investment, and if a sales agent chooses to tell you that it is, they are attempting to scam you because that is simply not true. Almost all timeshares do not go up in value after being purchased from a resort developer directly.

We’ve heard of some timeshare sales agents in Mexico telling current timeshare owners that they will buy their current timeshare if they buy a Mexico timeshare instead. The current timeshare owners believe this and buy the Mexico timeshare, and later find out that they still own their current timeshare. Any time a timeshare sales agent lies, it can be considered a scam, so watch out for this one.

If you really want to buy a timeshare in Mexico, a resale timeshare from a current owner will almost always be a better value. Timeshare resales in Mexico can be found on Ebay for as little as $1. Some sellers are even offering to pay the first year’s maintenance fees just so they can get rid of the timeshare, which would mean a free vacation for you the first year.

Mexico Timeshare Scams After You Buy a Timeshare

Mexico timeshare scams after you already own a timeshare have been popping up recently. A company by the name of Global Business Consultants is calling many Mexican timeshare owners and offering them a ridiculously high price for their timeshare. The company calls timeshare owners out of the blue and says they will buy your timeshare at a high price, but you will need to wire them a few thousand dollars for a “transfer fee” or “closing fee” first. When you wire them the money, they will not buy your timeshare and will instead pocket your money and disappear. This is one of the oldest scams in the book and it takes a variety of forms.

Another form of this Meixco timeshare scam is often performed by “listing” or “advertising” companies that offer to “advertise” your Mexican timeshare for you in exchange for an up-front advertising fee. You’ll pay the up-front advertising fee, and your timeshare will likely not sell. Again, many Mexican timeshares can be found on Ebay for as little as $1, so paying several hundred dollars in an attempt to sell your Mexican timeshare for more than $1 is not a good idea. Advertising your timeshare for sale on Ebay is only a few dollars.

If you’d like to get rid of your Mexican timeshare and are unable to sell it, you may want to contact your resort to see if they will take it back. If the Mexican resort won’t take the timeshare back, you may want to speak with a timeshare exit company. Timeshare exit companies work with lawyers to get your timeshare cancelled.

If you choose to speak with a timeshare exit company to cancel your timeshare, we typically recommend choosing one that offers an escrow payment option for extra piece of mind. When you pay with escrow, the timeshare exit company does not get paid in full until after your timeshare has been cancelled. Learn more about escrow and why it’s important here.

For a free timeshare exit consultation, give us a call, submit a contact form or initiate live chat on the right side of the page.

Mexico Timeshare Scams & Complaints Read More »

Why Are Timeshares Scams? The Top Four Reasons

On the surface, the offer made by a timeshare company sounds pretty good. You get to invest in an appealing property or set of properties where you’ll be able to make countless memories with friends and family members for years to come. After looking at some great pictures, or even touring the facility for yourself, it will be hard to think of anything bad to say about the offer in front of you.

It’s especially tempting when you compare the cost of buying a timeshare to the cost of buying your own vacation property in the same area. Where you might not be able to afford a vacation house or condo, you can do the math and see that the timeshare will fit into your budget. What’s not to love?

The shiny exterior of timeshares is what causes so many people to sign on the dotted line, ignoring the dark interior that leads many people to determine that timeshares are a scam. Let’s take a closer look in this article to uncover what it is that should cause you to run in the other direction when anyone talks to you about an “exciting” timeshare opportunity.

#1 – The Hard Sell

As a starting point, we can look at the tactics that are used by timeshare industry professionals in an attempt to sell you on their timeshare product. These tactics are notorious for being some of the more aggressive – and potentially misleading – in the consumer sales world. Anyone who has sat through one of these “presentations” can speak to just how hard the salesperson is going to work to get you to sign on the dotted line.

While every industry employs sales professionals to close deals, you should stop and think about why they are having to work so hard to convince people to make a purchase. Why use so many tricky tactics? Why offer so many freebies along the way? If the product could stand up to its price in terms of being offered at fair market value, it wouldn’t seem like any of those steps would be necessary.

It might be most helpful to contrast this situation to the experience of buying a traditional home. If you are in the market to buy a house, you’ll likely work with a real estate agent to search properties in your target area – and the seller’s side will also be represented by an agent. To be sure, these agents have a vested financial interest in closing a deal. Yet they aren’t going to be using the aggressive tactics that timeshare industry professionals so often employ.

Instead, the agents in a potential home sale are just going to present the information to their client, answer any questions they may have, and help them find the right property (or accept the right offer, in the case of the seller). No hard selling tactics are needed because the value of the investment is obvious. The buyer will own a hard asset, and while that asset will go up and down in value over time, there is a tangible nature to the purchase that makes it more transparent.

With a timeshare, things are more ambiguous. There are points, maintenance fees, blackout dates, and on and on. What you own isn’t entirely clear, and it’s quite likely that the true market value of your purchase will never amount to what you paid for it – even on the same day that you write the check.

#2 – A Non-Investment

The nature of investing in anything is that the value of your investment can go up or down. This is true of traditional real estate, as we discussed above, and it’s true of the stock market, collectibles, and everything else. Investing is risky, even if the degree of risk that you take on depends on the nature of the investment.

It’s hard to say that timeshares are a bad investment, however, because they really aren’t an investment at all. With a true investment, there exists some possibility that what you purchased will be worth more than the purchase price when you go to sell it in the future. In the case of a timeshare, that just isn’t going to happen. Not only will you fail to make any money on this purchase, but it’s likely that you won’t even be able to sell it at all.

Countless people would be happy to give away their timeshare to anyone who would pay the closing costs and annual maintenance fees. If there was any potential investment value in a timeshare, you wouldn’t have a whole niche market of companies that exist solely to help people get out of their timeshares.

#3 – The Waters are Murky

So far, things aren’t looking great for timeshares as we dive into how they play out in the real world. Most people who purchase a timeshare are pressured into making that purchase, and once they do, it becomes clear that the hard-earned money they spent isn’t going to lead to any kind of positive investment down the line. As we continue to answer the question of why are timeshares scams, we now turn our attention to the confusing, murky pricing structure that they use.

If you make the decision to take part in a timeshare presentation, you might expect that you’ll be presented with a price relatively shortly into that presentation. After all, they are trying to sell you something – so shouldn’t the price of that thing be provided upfront? It should be, but it isn’t.

Instead, you’ll get nothing but fluff during the early stages of the presentation. You’ll be shown plenty of attractive pictures, maybe even tour the property, and perhaps be given a couple of hand-picked case studies highlighting families that have loved their timeshare experience. Nowhere in there will you find details about the actual cost of this purchase.

Then, when that point finally does come into the picture, the first price that you are shown will likely be more than they expect you to pay. This “start-high” strategy is meant to soften you up for offers that are going to come later. If you initially say no in your mind when you see the first price, the actual price that they hope you will pay by the end of the presentation will start to seem like a great deal (even though it isn’t).

The asking price for a timeshare can be so fluid because there really isn’t any firm underlying value. The “value” of the timeshare is only what they can get you or another buyer to pay for it – and a big percentage of the purchase price is going to go to the salesperson in the form of a commission.

In addition to an upfront purchase price that is never quite set in stone, you’ll also be committing to taking on the maintenance fee that is likely to continue climbing year after year. Even if you think that fee is reasonable enough at the moment, you can’t count on it staying there – it’s going to go up, and your experience as a timeshare owner is only going to get more expensive moving forward.

Finally, the ongoing costs associated with owning a timeshare don’t stop at maintenance fees. Special assessment fees can come into the picture as well, which may be levied when something like a natural disaster occurs and the property needs to be repaired or renovated. As an owner, you’ll be legally on the hook for these fees, even if you rarely – or never – use the timeshare.

#4 – Promises That Fall Flat

Perhaps the most frustrating thing of all for timeshare owners is simply that they often don’t feel like they wind up getting what they were promised. This feels particularly painful because timeshare industry professionals work hard to forge personal relationships at the start with their leads, so they can gain trust and hopefully make a sale. In the end, they often wind up betraying that trust by offering confusing or misleading promises that misrepresent the experience of becoming an owner.

They will paint a picture of you and your family spending relaxing vacations in glorious conditions, enjoying the nicest rooms in the building. But is that how it will play out in real life? Probably not – remember, countless other people have received this same sales pitch, and been given these same notions. How many of the luxury corner suites could possibly even be available? Does your specific ownership level entitle you to access to those types of rooms?

Even if you don’t care about getting to stay in the luxury rooms, you might struggle to find availability at all in the summer months when the weather is nice and everyone wants to travel. Those shiny timeshare sales brochures would look a lot different if the pictures weren’t taken on a warm, sunny day. You might look on a site like Expedia during the summer to see units available at the property you want to visit, yet you could be told nothing is open when you try to book through the timeshare.

So many people are disappointed with their experience as a timeshare owner because reality usually falls way short of expectations. Those expectations were set sky-high in the initial sales pitch, which is why people agree to spend their money in the first place. As the months and years pass, and small issues turn into big ones, the façade comes crashing down and many owners start to see this experience for what it really is – a letdown and a waste from start to finish.

Get Out Now

Why are timeshares scams? The article above has laid out plenty of arguments, and there are likely other reasons that you might have in mind. If you already own a timeshare, there is a good chance you’d love to get out of it. To make that dream a reality, get in touch with us today to get the ball rolling. You can submit our contact form, engage with our live chat, or just pick up the phone and give us a call. Let’s work on getting you out of your timeshare as soon as possible so you can move on with your life.

Why Are Timeshares Scams? The Top Four Reasons Read More »

Timeshare Exit Companies – See Our #1 Pick – Avoid Scams

Best Timeshare Exit Companies of 2024

Getting rid of a timeshare can be a nightmare. Finding a timeshare exit company to work with may finally bring you relief, but not all of these companies can deliver on their promises. Let’s find you the right partner so you can break free from the timeshare prison and move on with your life.

Quick Tip: Before getting started with our list of exit companies, we need to make the following very clear –

Only work with timeshare exit companies that have a proven track record of success. Timeshare exit is a specialized service that requires expert industry knowledge and connections to be successful.

The top 5 timeshare exit companies that we recommend have all been in business for several years and have all proven that they’re fully capable of getting timeshare owners out of their timeshares safely and legally.

Our favorite timeshare exit companies offer an escrow payment option that allows timeshare owners to hold their payment for the exit service in a safe 3rd party escrow holding account throughout the exit process. Owners that use an escrow payment option can pay for the timeshare exit service in full after their timeshare has been successfully cancelled. Learn more about escrow and why it’s important here.

Either way, doing plenty of research and exploring all options will help you avoid scams and get the results you deserve.

5 BEST TIMESHARE EXIT COMPANIES

It’s a fairly easy choice for us to place Centerstone Group at the top of our list of the best timeshare exit companies.

As an important starting point, this company offers an escrow payment system. Your money will be placed into an escrow account at the start of the agreement, and that money won’t be released to them in full until the project is completed.

In addition to the use of escrow for your protection, there is also the variety of strategies used by this company that plays to its advantage. With many different options in their toolkit, they are able to guide countless customers to a successful exit.

Finally, you can’t go wrong with experience – thanks to more than 30 years in the business, trust is easy to come by when you partner with Centerstone Group.

Pros

    ✔ Escrow Payment Option
    ✔ Outstanding customer service experience
    ✔ A+ BBB rating and no complaints registered
    ✔ Three options to resolve your timeshare ownership problem
    ✔ More than 30 years in the business
    ✔ Spanish-speaking agents available
    ✔ Open on Weekends
    ✔Highest Dunn & Bradstreet Rating in the Industry Rating

Cons
    ✖ Unable to take on customers with low maintenance fee timeshares


BBB Rating: A+

Escrow or Money-Back Guarantee? Escrow

Location: Las Vegas, NV

Avg. Time to Cancel a Timeshare: Roughly One Year

Cost: Final cost will depend on factors like which program you qualify for and where you live. They have plans that require no money down and also offer 0% interest payment plans.

Customer Reviews: Centerstone Review 1

Centerstone Review 2

In the timeshare exit business, size counts – and Wesley Financial Group is a major player in the industry. The sheer size of the company and its strong financial position allows it to stand up to industry titans like Wyndham and come out on the other side.

Although there is no escrow option with Wesley Financial Group, you will be protected by a money-back guarantee. Such a guarantee doesn’t mean as much coming from a small, unknown company, but it puts you on solid footing thanks to the overall strength of Wesley.

Lawyers are not employed by Wesley to get results. Instead, they have a unique, in-house method that is used and has proven to be effective for many past clients.

Pros

    ✔ 100% Money-Back Guarantee
    ✔ High Dunn & Bradstreet Rating
    ✔ Excellent Customer Service
    ✔ More than 300 employees
    ✔ A+ BBB Rating
    ✔ Operating since 2012

Cons
    ✖ No escrow payment option available
    ✖ Will not accept clients who have inherited a timeshare
    ✖ No Spanish-speaking agents on staff

BBB Rating: A+

Escrow or Money-Back Guarantee? Money-Back Guarantee

Location: Franklin, TN and Las Vegas, NV

Avg. Time to Cancel a Timeshare: Roughly One Year

Cost: The cost of services will vary, and free consultations are available.

Customer Reviews

Wesley Financial Group Review 2

Wesley Financial Group Review 2


Another exit company worthy of your attention is Seaside Consultant Group.

Featuring an escrow payment option that gives clients peace of mind and protection, Seaside opened its doors back in 2014. Unlike some of the other companies we’re recommending, the approach used by Seaside is largely centered on using lawyers to seek a resolution to your timeshare ownership problem.

Also, if you happen to be behind on your timeshare payments, Seaside is happy to work with you to untangle the mess and find a way forward.



Pros

    ✔ Escrow payment option offered
    ✔ Top-notch customer service
    ✔ BBB A+ rating
    ✔ Works With Attorneys
    ✔ Open since 2014
    ✔ Spanish-speaking agents available
    ✔ Works with owners in collections or foreclosure
    ✔ Works with owners behind on maintenance fees

Cons
    ✖ Won’t work with inhered timeshares
    ✖ Won’t work with timeshares that have been purchased as a resale
    ✖ Not available for low maintenance fee timeshares
    ✖ Only available for limited hours on weekends


BBB Rating: A+

Escrow or Money-Back Guarantee? Escrow

Location: San Diego, CA

Avg. Time to Cancel a Timeshare: Roughly One Year

Cost: Free consultation to get started, cost will vary by case.

Customer Reviews

Seaside Consultant Review 1

Seaside Consultant Review 2

As one of the smallest timeshare exit companies we recommend, Resolution Timeshare Cancellation can offer a level of responsiveness not always available from the bigger players.

If you are looking for low prices, take a look here before you make your final decision. They have a flat-rate pricing structure, don’t have commissioned agents, and have a reputation for honest dealings with their customers.

Pros

    ✔ Escrow Payment Option
    ✔ BBB A rating
    ✔ No BBB complaints registered
    ✔ Uses attorneys to fight for clients
    ✔ Accepts low maintenance fee timeshares, unlike some other companies
    ✔ Low overhead process can mean lower costs
    ✔ Spanish-speaking agents available

Cons
    ✖ No availability on weekends
    ✖ Doesn’t work with Massanutten timeshare

BBB Rating: A+

Escrow or Money-Back Guarantee? Escrow

Location: Madison NJ

Avg. Time to Cancel a Timeshare: Roughly one year, or a little longer – perhaps faster if your timeshare is already paid off.

Cost: Flat rate available for services offered.

Customer Reviews

Resolution Timeshare Review

5.


Timeshare Specialists

The last option on our list, Timeshare Specialists does things a bit differently from the rest. Leaning on industry relationships, this team aims to find someone to accept your timeshare, rather than turning to lawyers to fight it out with the developer.

There is no risk to your credit this way, which may put your mind at ease. If you would prefer to just give away your timeshare to someone who wants it rather than trying to exit, working with Timeshare Specialists could make that happen.

Pros

    ✔ No Upfront Fees
    ✔ No impact on your credit
    ✔ BBB A+ rating
    ✔ No BBB complaints
    ✔ Quality customer service experience
    ✔ Accepts low maintenance fee timeshares
    ✔ Will work with inherited timeshares
    ✔ Works with timeshares purchased on resale market

Cons
    ✖ Thousands of timeshare brands not eligible
    ✖ Won’t work with timeshares that have outstanding loan
    ✖ Not available for timeshares in collections or foreclosure
    ✖ No Spanish-speaking agents offered
    ✖ Not available on weekends

BBB Rating: A+

Escrow or Money-Back Guarantee? No upfront fees – only are charged for services once the timeshare release is secured. .

Location: Bozeman, MT

Avg. Time to Cancel a Timeshare: Roughly two to three months.

Cost: Flat rate for services offered.

Customer Reviews

Timeshare Specialist Review

How To Choose a Timeshare Exit Company

Let’s start with the good news – if you are looking for a timeshare exit company, the options are many. As of March 2023, there are more than 30 such companies available.

Now, the bad news – many of them are worthless. Don’t make the mistaken assumption that all timeshare exit companies are the same, or that you can just pick one randomly and expect great results. It’s not that easy. You’ll need to sort through the options to find a trustworthy partner, and our listings on this page can help you do just that.

When in search of a quality timeshare exit company, keep the following attributes in mind –

  • Uses an escrow payment option as part of their process
  • No ongoing pattern of complaints with the BBB, and maintains an A rating
  • Employees on staff with more than six years of experience in this space
  • Written contracts are used for all services

If you’d like to go through a free consultation process to help you find the right timeshare exit company for your situation, we’d love to help. Just get in touch at 833-416-8796 or use the contact options on this site to get started right away.

Timeshare Exit Cost

The unfortunate reality is that it can be costly to get out of a timeshare. It will still be worth it in most cases, but be prepared to face some significant costs on your way out the door.

As you might imagine, we can’t give you a single price for how much this process will cost. In some cases, you can wrap it up for just a few thousand dollars. For others, it will take over $10,000 to get the job done.

When you reach out to a new timeshare exit company, they will want to do a consultation with you to gain an understanding of the details of your situation. Those details will determine how much they intend on charging you for the service.

View Your Timeshare Exit Cost Now!

By providing my contact information I am giving TimeshareExitCompanies.com and its partners permission to contact me about this and future offers using the information provided including calls and text messages to my wireless telephone numbers. I also consent to use of emails and the use of an automated dialing device and prerecorded messages. I understand that my permission described herein overrides my listing on any state or federal do not call list and any prior listing on the do not call lists of our partners and is optional. I acknowledge that this consent may only be revoked by email notification to info@timeshareexitcompanies.com.

Other Timeshare Exit Companies

Timeshare Exit Company

BBB Rating

Escrow or Money-Back

1

A+

100% Money-Back

2

A+

Escrow

3

A+

100% Money-Back

4

NR

Escrow

5

A+

Unknown

6

A+

Escrow

7

F

100% Money-Back

8

F

Unknown

9

A-

100% success rate

10

NR

100% success rate

11

A+

100% success rate

12

A+

100% Money-Back

13

A+

100% success rate

14

A+

100% Money-Back

16

A+

Unknown

18

NR

100% Money-Back

19

Unknown

22

F

100% Money-Back

23

A

Unknown

24

SCAM

SCAM

25

A+

Unknown

26

A

Unknown

27

A+

Escrow

28

A

Unknown

Frequently Asked Question

 

There is a lot to know in the timeshare exit process, and reliable answers can be hard to find. If you still have questions about getting out of a timeshare, you may find the FAQs below helpful.

Q: What should I do if I’ve been scammed by a timeshare exit company?

Unfortunately, this is a situation that is all too common. People who are in a tough situation with their timeshare and are looking for help wind up finding themselves in even greater difficulty because a company that claims to be able to help them doesn’t deliver on those promises.

You might not have many good options in this situation, but you can start by filing a complaint with the Better Business Bureau and the attorney general in the state where the company is doing business. There are some timeshare exit companies known to be scams, including those below –

Q: What happens if I simply stop paying maintenance fees on my timeshare?

Some owners who are tired of not being able to get rid of their timeshare decide to simply quit making the payments. While this will save you money in the short term, the damage it will do to your credit score may not be worth it in the end.

It’s likely that your credit score will plummet once the timeshare developer forecloses on your ownership. That is going to make it difficult to get loans and credit cards, and you might wind up paying higher interest rates on money you are able to borrow. As frustrating as it is to be stuck in a timeshare, destroying your credit in an attempt to get out is likely a net loss.

Q: How to get out of a timeshare without ruining my credit?

As mentioned above, not making your maintenance fee payments is a sure way to significantly damage your credit. This is exactly why timeshare exit companies exist in the first place.

Rather than not making payments and winding up in foreclosure, a timeshare exit company may be able to help you legally get out of the contract and end your ownership responsibilities.

A good exit company can use various strategies like finding someone willing to take the timeshare, publicly complaining about the developer to create pressure, or using an attorney to take (or at least threaten) legal action.

Of course, selling your timeshare is also a way to get out of it without harm to your credit, but that can be difficult to accomplish in many cases.

Q: How to get out of a timeshare yourself?

 

If you’d like to get out of a timeshare on your own without the help of an exit company, you may consider the following methods –

  • If you only purchased the timeshare within the last week or two and suddenly realized you made a mistake, you might still be within the window to rescind your purchase for a full refund.
  • Try asking the developer directly if they will take it back – this doesn’t happen often, but it is a possibility.
  • Ask around to see if anyone you know would like to take over ownership for free.
  • Post the timeshare for sale on various marketplaces for $1 and see if you get any takers.

Timeshare Exit Scams

It would be great if you could trust all of the companies in the timeshare exit space, but that’s not the reality of the market. There are some scams in this industry, which is why it’s important for consumers to be diligent.

The following tips will help you avoid getting scammed –

  • Use an escrow payment system to protect your money while the timeshare exit company works on your case. If you pay upfront for results that the company promises to deliver later, you won’t have many options for recourse if they fail to come through.
  • Look around the internet for mentions of the exit company and make sure they have a respected online presence.
  • Skip companies that aren’t represented on the BBB, or that have poor BBB reviews and a low rating
  • Make sure to get everything in writing, with no excuses
  • Take your time and shop around to find the best solution for your needs

What is Timeshare Exiting?

Exiting a timeshare means getting out of your contract and leaving maintenance fees behind. Often, timeshare owners turn to the goal of exiting a timeshare after trying to sell it for a period of time without any success.

If you want to get rid of your timeshare and no one wants to buy it and the developer won’t take it back, an exit is likely to be your only other option. This will usually require you to pay a professional team to work on the project and get you out of the contract, but that investment may be worth it if it saves you years of maintenance fees down the line.

Why Timeshares Lose Value

Typically, when you think about buying real estate, you think about acquiring an asset that is likely to gain value over time. That outcome is not assured, of course, but it is often the case.

The story is different with timeshares. With very few exceptions, timeshares are not going to accrue value over time. As soon as you close the purchase, what you own is likely to be worth far less than what you just paid. This is why people have such a hard time selling timeshares they no longer want.

When you purchase a traditional piece of real estate like a home, the majority of what you spend is based on the market value of the property (plus a small percentage in fees to various professionals who help with the deal). In timeshare sales, the math is basically reversed. Most of what you are spending on the timeshare goes toward the cost of other things – such as commissions for the salesperson and any “gifts” you were offered as part of the sales pitch.

Common Lies Told by Timeshare Salespeople

It’s an unfortunate reality that many timeshare salespeople will say just about anything to close a deal. You’d like to think that they would be honest with people who are considering making a significant financial investment, but that’s just not how it works in many cases.

We could fill an entire book with the lies that have been told with the goal of selling a timeshare, but we’ve narrowed down that list to five of the most common.

#1 – You can rent it out for a profit
One of the go-to claims made by timeshare salespeople is that you’ll be able to rent out the timeshare when you aren’t using it, allowing you to recover some of the money you have spent – or even turn a profit.

In some cases, the resort in question won’t allow rentals, meaning this is a flat-out lie. Even in cases where this isn’t necessarily a “lie”, in that it might be possible to rent out a timeshare, doing so successfully is much harder than they make it sound.

Finding renters can be a challenge, and you might be liable for any damage that they do to the unit while on the property. Also, there are sure to be fees involved with using services to find renters, so your cut of the rental price may be far less than what you expected initially.

#2 – You can sell it later when you are done using it
The simple existence of companies that specialize in timeshare exits tells you all you need to know about the value of timeshares after you make a purchase. If it was easy to sell a timeshare, exit companies wouldn’t exist.

And, even when a timeshare is sold, the selling price is commonly just a single dollar – enough to formally transfer ownership and free the previous owner from the ongoing maintenance fees. When timeshare salespeople present the possibility of selling it down the line when you no longer want it, they don’t explain how selling will be a struggle and how you’ll almost certainly make no money in the process.

#3 – If you buy this timeshare, we’ll buy your old one from you
Although not as common as the other points included in this list, the false offer of buying a previous timeshare from you is particularly nasty. If you already own a timeshare and are being pressured to buy another one, the salesperson might say – without any authority to do so – that the company selling the new one will buy the old one from you.

This is where it is important to remember that these salespeople will say anything to close a deal. Anything. It sounds like a great opportunity only until the purchase of the old timeshare doesn’t happen and you are left stuck with two when you would probably prefer to own none.

#4 – A timeshare is a great investment
The investment aspect of buying a timeshare is often pushed during the sales presentation, and it simply isn’t true. Timeshares are not a good investment, period.

This approach is taken by the salespeople because they are looking in any direction they can find to add value to their proposition. Selling the timeshare on its merits alone is a losing battle because it’s not a good deal. If they simply lay it out in front of you, the merits of what is offered just aren’t impressive enough to motivate anyone to buy.

However, if it’s framed as both a recreational opportunity and an investment, suddenly some people will pay more attention. It’s only when you dig a little deeper and find that the investment side of the equation falls flat will you realize that the best thing to do is just walk away.

#5 – You can use it anytime you want
One of the great frustrations for timeshare owners – other than not being able to get rid of the timeshare – is not being able to use their timeshare during the appealing parts of the year. For example, a timeshare located on the beach is sure to be booked solid during the warm summer months, and you’ll have to plan a year in advance to get a spot (and you might not even then).

Salespeople make it sound easy to make reservations for convenient, attractive times on the calendar when they are trying to get you to sign on the dotted line. At this point, you have no way to know they are lying, because you haven’t been an owner and haven’t gone through the frustrating booking process. Once you are “in the club”, you’ll see just how low inventory it is and how hard it is to get the times you want.

Timeshare Exit vs Timeshare Resale – What’s the difference?

Typically, owners would prefer to resell their timeshare rather than pursue an exit. The problem is that no one wants to buy what they are selling. Countless timeshares are available for practically free and no one is taking them.

Even working with a professional broker is unlikely to pay dividends. Unless you own a very valuable timeshare in a high-end location, brokers aren’t going to give you the time of day. They are required by law in most places to work on commission (as opposed to charging an upfront fee), so they only want to deal with timeshares in the luxury segment of the market.

With the resale market looking so bleak, a timeshare exit becomes the only viable strategy. The goal here is not to make any money on the sale of the timeshare, but rather to simply get out of the contract so you are no longer obligated to make the ongoing payments for maintenance fees.

This kind of exit can be a tough pill to swallow for some, but it’s preferred to holding onto the timeshare and spending money on fees month after month without getting anything in return. Consider working with one of the timeshare exit companies featured on this page to hopefully put an end to your ownership once and for all.

Give us a call at 833-416-8796 or contact us using the form or live chat for your free timeshare exit consultation.

FREE TIMESHARE EXIT CONSULTATION

By providing my contact information I am giving TimeshareExitCompanies.com and its partners permission to contact me about this and future offers using the information provided including calls and text messages to my wireless telephone numbers. I also consent to use of emails and the use of an automated dialing device and prerecorded messages. I understand that my permission described herein overrides my listing on any state or federal do not call list and any prior listing on the do not call lists of our partners and is optional. I acknowledge that this consent may only be revoked by email notification to info@timeshareexitcompanies.com.

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15 Steps to Cancel Your Timeshare

If 15 steps sounds like a lot to cancel a timeshare, that’s because it is – and the reality of the situation is that canceling a timeshare is not an easy thing to do. Countless people get into timeshare ownership only to find later that it isn’t working out as they had hoped and they want to cancel. Sadly, many feel like there is no way out, or they just give up because it’s too time-consuming and frustrating.

With this list of steps, we hope to encourage you to keep at it until the job is done. Not all of these steps will apply to your situation necessarily, so read through the list and start to formulate a plan in your mind for how to move forward.

Start with the Contract

The obvious starting point in this process is to bring out your contract and look over it carefully. This is going to be a little boring, of course, but it’s necessary to understand the details that govern the agreement between yourself and the developer. Within the contract, you should find information about cancelation and what that looks like. Don’t give up on this idea even if the contract language doesn’t sound promising – you still might be able to work out a reasonable deal later on, but it’s good to know what the terms are before going any further.

Is Rescission a Possibility?

If you have only recently purchased your timeshare and would like to get out quickly, the rescission period might still be in effect. This is also known as a “cooling-off” period, and it will vary in length from place to place. Generally, you have somewhere between 3-7 days to notify the timeshare officially that you would like to cancel the purchase. Follow all of the necessary steps to make sure you cancel properly and keep documentation of everything in case they come back to you later looking for money.

Have All Relevant Documents

Throughout the process of trying to cancel your timeshare, it’s important to have all of the relevant documentation for your account on hand and ready to go. This will allow you to produce any information that is needed and counter any issues that might come up along the way. For instance, if your developer says one thing but you don’t think it is true based on your contract or previous communications, you want to have everything you need available to prove your case.

Contact the Timeshare Company

With documentation collected, it’s now time to reach out directly to the timeshare company to ask about cancelation options. They might have a program available that allows you to give back your timeshare, or something along those lines. Be direct with your desire to cancel and don’t allow them to get into a sales pitch regarding the many benefits of timeshares and why you should stay.

Draft a Formal Letter

It’s likely that you will need to send a formal letter to the timeshare company that highlights your desire to cancel your membership. This letter should have all of the necessary details about your contract and any other specifics that are relevant. For example, if you were offered a specific cancelation opportunity by one of the employees of the timeshare, reference that person by name, state what you were offered, and even include any documentation you might have to back up that offer.

Send Your Letter

What you don’t want to do in this situation is just place the letter in a random mailbox where it could sit for some time without being picked up. Take it to the post office to have it mailed that day, and ask for a return receipt so you can prove later that the timeshare company received it. You can never be too careful in a situation like this where there is a significant amount of money on the line, so use tracking tools through the mail to make sure the information gets where it needs to go.

Maintain Detailed Records

Speaking of being careful, it’s a good practice to hold onto all documentation that you might acquire throughout this process. Whether you are going to try to cancel through the rescission period, or you are using a program that the developer offers to take back the timeshare, or whatever else you might try, documentation is your friend (in both physical and digital form). The better your record keeping is throughout the process, the more likely you are to arrive at a satisfactory conclusion when all is said and done.

Follow Up With the Timeshare Company

Once you have sent a letter and have received proof that the timeshare company got that letter, follow up with them directly to ask about what is next. If you requested cancelation under a program or offer that you were made, make sure they are going to honor that cancelation and find out what steps are coming next. Also, ask about the timeline for the process so you can follow up again if nothing happens when it is supposed to.

Inquire About State or Local Laws

If you aren’t getting anywhere by working with the timeshare company directly, consider looking at local and state laws regarding timeshares to see if anything is in place that could help you get out. Plenty of other consumers have had trouble with their timeshares, so many places have put laws into effect that help people deal with this type of matter successfully.

Work With an Exit Company

Speaking of other consumers who have had trouble with timeshares, many of them wind up contacting timeshare exit companies to find a way out of their contracts as soon as possible. There are many reputable exit companies available today and working with one could make your life a lot easier. Not only would you be putting someone on your side to fight this battle for you, but you’d be gaining access to a lot of industry knowledge and experience.

Retain an Attorney

While a timeshare exit company is a great option, sometimes your case might call for the use of a regular attorney. That’s particularly likely to be the case if you are having a contract dispute with the timeshare where they interpret the reading of the contract in a different manner than you do. Such issues often wind up being debated by attorneys, and you don’t want to go up against the timeshare’s legal team all on your own.

Don’t Book Any Trips

You don’t want to be sending mixed signals about your intentions with the timeshare while you are trying to cancel. If you are actively in the middle of the cancellation process, don’t book trips or go on any vacations utilizing your rights as an owner. This could be seen as an action that indicates your desire to keep the timeshare rather than cancel it. Just leave the account alone and follow along with the process you are using to attempt to get out of the situation once and for all.

Keep Your Payments Current

While it might not be fun to send payments on an account that you are trying to cancel, that’s exactly what you’ll need to do until this process is finished. After all, if you fall behind on payments for things like fees and assessments, you might not be eligible for cancelation programs any longer. Make these payments and look forward to the day when you won’t be on the hook for them any longer.

Beware of Scams

Sadly, there are plenty of people out there who are hoping to take advantage of people trying to get rid of their timeshares. These people might present themselves as timeshare exit companies or as potential partners to help you sell the timeshare. Before you work with anyone on this matter, be sure to independently confirm their qualifications and legitimacy. You have already spent enough money on the purchase and maintenance of your timeshare, you don’t need to see even more money go out the window by falling victim to a scam.

Confirm Cancelation and Retain Copies

If you finally reach the finish line and have your timeshare canceled, congratulations! It can be a long and winding road, but it is certainly worth it. While you are celebrating, make sure to retain copies of everything and confirm directly with the developer or timeshare company that the account has formally been canceled and you have no more responsibilities to it.

How Can We Help?

We love helping timeshare owners get out of this experience if it’s something they would like to be done with as soon as possible. In addition to reviewing the steps above, you can also call us at 833-416-8796 to get assistance or use our live chat feature to ask any questions you may have. Today is the day to start moving toward a future that is free from timeshare obligations. Don’t wait any longer!

15 Steps to Cancel Your Timeshare Read More »

Vacation Village Timeshare Cancellation

Vacation Village is a timeshare resort developer that offers stays in some of the U.S.’s most popular vacation locations, including Orlando, Las Vegas, The Berkshires, and more. They are headquartered in Madison, NJ.

These destinations may be why you were drawn to join Vacation Village. But now, you may be considering selling or trying to cancel your timeshare. People often cite several reasons for wanting to get out of Vacation Village timeshare, including high maintenance fees and difficulty booking their stays. Whatever your reason, keep reading for advice and tips on how you can cancel your timeshare completely.

Vacation Village Timeshare Reviews

While looking into timeshare owners’ reasons for wanting to get rid of Vacation Village timeshare, we found a number of online reviews from the BBB, Consumer Affairs, and TripAdvisor. Across the board, these were from 1 to 3 stars at most, and included a number of significant complaints. The following are just a few examples of those reviews:

    • “We purchased a 5-day / 4-night VIP vacation from Vacation Village, after having it recommended by my parents (they are owners in this time-share nightmare). After multiple emails and phone conversations, we elected to spend the vacation at the Parkway location (Kissimmee, FL). Even with their excessive (outrageous) processing requirements – can’t check in before 4pm, must check out before 10am, must spend 3+ hours in a high-pressure sales lecture – we figured that we’d still have 2 full days to enjoy Disney. Not so. After accepting our money for a 5-day vacation, they changed it to a 4-day stay…without telling us. When we checked out on the 5th day, they had already charged our credit card for a ‘late check out’ fee. Do NOT stay with these criminals. Avoid them at all costs! Do not, under any circumstance, give them your credit card information. Please learn from our nightmare.” (TripAdvisor)
    • “When they called I purchased a $99.00 package, my life has been busy so I forgot about it, this was in 2019. They charged my card, I never used the vacation and now in 2022 they tell me no refunds and that I need to purchase a new package for $169.00. What a good scam and legal, wish I would’ve thought of it before they did.” (Consumer Affairs)
    • “Vacation Village is running a high dollar scam, I’m not sure how it is legal or how they stay in business. My husband and I bought a timeshare in 2018 and found out that we were told nothing but falsehoods during the sale. We spent almost 8 hours in a presentation that was supposed to be an hour long. A credit card was opened in our names WITHOUT our consent. Sales staff did not inform us of our right to cancel or major financial details like the interest rate or that our debt was about twice the amount of the purchase price that was agreed upon. There was no mention of all the extra fees that are charged on top of the outrageous amount we already pay. For all this trouble, can we even take a vacation? No! Nothing is ever available. We are just throwing money down the drain with Vacation Village.” (Consumer Affairs)
    • “We were promised that the reservation system was simple and flexible. Simple and flexible to them is having to book upwards of a year in advance. Being in the military, I simply don’t have the luxury of knowing my schedule that far in advance, but who really does?? Also, when we tried to refinance the high-interest loan they gave us with banks to get a lower rate, that’s when we found out that what we were sold as an asset to our family, turned out to have no value at all. The vacations are expensive, the fees are never-ending, and the customer service is abysmal. Be smart, when they approach you to take one of their presentations, turn your back and WALK AWAY!” (BBB)

Vacation Village Timeshare FAQs

  • Who owns Vacation Village Resorts?

Vacation Village is owned by a company called The Berkeley Group. You might also have noticed online that their timeshares are available through RCI.

  • Has Vacation Village been involved in any lawsuits?

Yes, there have been a few notable lawsuits involving Vacation Village. Leber v. Berkley Group Inc. was brought in 2011, based on claims of the company violating the Fair Labor Standards Act. It resulted in a class action settlement. Berkley Vacation Resorts, Inc. v. Sussman was a more recent lawsuit, in 2021, wherein the company sued a timeshare exit company owner.

  • Does Vacation Village have a deedback program?

Yes, in a sense. Contacting Vacation Village to see if they will take back your timeshare is an option. But this is only on the table if you are a new timeshare owner. That’s because you could be eligible for a process called rescission. In most states, rescission laws mean that new timeshare owners can return their timeshares to Vacation Village and get fully refunded. Since this is a state law, Vacation Village has to honor your request to rescind your timeshare purchase, and must take it back with no questions asked. The caveat is that rescission is only available for one to three weeks after you’ve purchased your timeshare. If you’re past this window, you will have to explore other options.

  • Is Vacation Village close to Disney World?

Believe it or not, this question comes up quite often. While the answer is yes, given the reviews noted above, you’d be better off booking a regular hotel if you’re headed to Disney World. There are several that are just as close, and that won’t put you in a no-win situation like a Vacation Village timeshare would.

Vacation Village Timeshare Exit vs. Resale

You may have heard that you can get rid of a Vacation Village timeshare by selling it on the resale market. While you can certainly try this route, there are many problems with it. The biggest obstacle is just how difficult it really is to get anyone’s interest, much less a buyer. If you go to eBay and look up “Vacation Village timeshare” right now, you’ll see that several of these timeshares are already posted for sale for just $1, and have zero bids.

This makes it all too apparent that Vacation Village timeshares are extremely difficult, if not impossible, to sell. If you do choose to go down this road, be careful of companies that want to charge you a fee (especially a high upfront fee) to “help” you do so. Instead, just stick to websites like eBay and Craigslist to sell your Vacation Village timeshare.

If you’d rather explore other options, consider what working with a timeshare exit company could do for you. In this situation, a third party – i.e. the company – gets in touch with the resort on your behalf, and works to cancel your timeshare for you and have your contract canceled. As long as you find a reputable company that does not require a high upfront fee, choosing this method is probably your best bet.

Working with a Timeshare Exit Company

Overall, when it comes to Vacation Village timeshare cancellation, you do have options. We have researched several timeshare exit companies that have solid reputations, and can potentially help you with your situation. All of our recommended companies use escrow for payment, so you can be sure they are trustworthy. Learn more about our recommended companies on this page.

What is Escrow and Why Does it Matter?

You might be wondering why escrow is so important. Escrow means that whatever company you work with only gets paid in full after your timeshare is out of your name. It means they do not demand upfront payments, and that they have extra incentive to do their best to get you out of your contract with the resort. You can learn more about escrow and why it’s important here.

Cancel Your Vacation Village Timeshare Today

We created this website to help people like you permanently cancel their timeshares and free themselves from the associated fees and costs. And we can help you with your situation, too. When you’re ready to get out of your Vacation Village timeshare for good, be sure to get in touch with our team. We can help you find the right solution for your situation. To get started with your free timeshare exit consultation, submit a contact form, give us a call at 833-416-8796, or initiate the live chat.

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How To Cancel Royal Holiday Club Timeshare / Vacation Club

Royal Holiday Club is a vacation club membership program based in Mexico. Their claim is that people who sign up to become members get access to exclusive offers at over 180 resort properties. These resorts are located in the USA, Mexico, and the Caribbean. It is speculated that the company has as many as 80,000 members in this club.

Royal Holiday Club actually has a bit of an interesting history. In 2008, ABC News did an investigative piece looking into the company’s sales practices. According to this report, Royal Holiday sought to bring in new customers and get them to attend timeshare sales presentations by offering free meals and special offers at the airports local to the resorts. But once those people attended those presentations, they were told they only had one day to sign up for the program; otherwise the offer would expire. One couple interviewed for the piece, Doug and Karin LaClair, reported being shown a suite during the presentation. However, when they redeemed their membership the first time, they were placed in a Motel 6 caliber room.

So if you’re seeking to cancel your Royal Holiday Club timeshare, you are definitely not alone. This kind of scenario – one filled with false promises – has proven to not be a rare one. We’ll explore more about that below.

Royal Holiday Club Timeshare FAQs

The following are some of the most frequently asked questions people have about Royal Holiday Club Timeshare / Vacation Club.

    • How much does it cost to be a member of Royal Holiday Vacation Club? According to the aforementioned ABC News story, “A typical member pays roughly $11,000 to join the club, plus a yearly fee of about $465.”
    • Who owns Royal Holiday Vacation Club? Royal Holiday Vacation Club is a subsidiary of a company called Park Royal Hotels and Resorts.
    • Can I cancel my Royal Holiday Vacation Club contract? Yes, but how you go about this depends on your situation. If you are eligible for rescission, it is easier to cancel directly with the resort. However, if it has been over 3 weeks, your road to cancellation may be more difficult. Keep reading to learn more about how you can work with a timeshare exit company to cancel your Royal Holiday Vacation Club timeshare.

Royal Holiday Club Timeshare Reviews

There are several negative experiences and complaints to be found when it comes to Royal Holiday Vacation Club and Royal Holiday Club timeshares.

  • “The Park Royal is a nice hotel. I have a major problem, however, with the Royal Holiday Club. They sell vacation club memberships at this hotel. We bought a membership in 1993. We traveled to Cozumel for the Christmas holiday in 2014 with our family of 13. The reservation department lied to us about the cost of the all inclusive fee for the resort. We ended up paying an additional $1232 american dollars for the children traveling with us. Member services at the Park Royal agreed to settle the dispute while we were at the resort while we were there, once we left they now refuse to honor the agreement. I can not get the member services manager to call me back or respond to email. Royal Holiday is dishonest and can not be trusted.” (TripAdvisor)
  • “We purchased a points membership in 2016 from the sales group stationed out of the Grand Park Royal Cozumel resort. The sales person explicitly pointed out clause 10 in the contract stating that the contract could be terminated by either Purchaser or Seller at his or her discretion. After submitting a written notification to the Corporate Office, all we get is you can’t cancel your contract. This appears to be in direct violation of what we were told. It’s stated right in the contract. We have been current in all payments up until present. All we are talking about now is the yearly maintenance payments. we notified them that we are forfeiting any accrued points and are not requesting any funds back.” (ComplaintsBoard)
  • “To be direct and to the point, my husband and I have paid for something and have received absolutely nothing in return. We have never been able to use it. Royal Holiday used unethical business practices to get us to sign an agreement with them. We were promised by this company that they would take over a previous timeshare that I owned with my ex-husband,however, it was not immediately taken over by Royal Holiday as they promised. I continued to get past due statements, and after several years and many disputes, we were finally rid of that previous timeshare. We have no desire to be connected with Royal Holiday and we have asked to be terminated.” (BBB)

We should note that, although the company has over 115 complaints with the BBB, it appears to somehow have a B+ rating. This does not at all change their track record, of course, nor does it change the fact that they are unaccredited. In addition to all of this, Mexico’s consumer protection agency, Profeco, reported over 1,800 complaints about Royal Holiday Club back in 2008. Clearly, there is little in the way of return on investment that you can expect with a Royal Holiday Club timeshare.

So what can you do if you are still saddled with one of these memberships?

Cancel Your Royal Holiday Club Timeshare Using Rescission

If you own a timeshare with Royal Holiday Club / Vacation Club and want to get out of your contract, the first thing you should do is get in touch with the timeshare company. That way you can find out if they offer any programs that will let you out.

You should know that, if you made the timeshare purchase within the past five days, you can legally rescind it for a full refund without any questions asked. This is a Mexico consumer protection law – all timeshare or vacation club purchases must be allowed to be fully refunded within five days of purchase. You should be able to find more information about rescission and its process among the documents you received when you bought your Royal Holiday Club timeshare.

Royal Holiday Club Timeshare / Vacation Club: Resale vs. Cancellation

If rescission isn’t an option because you’ve passed the 5-day mark, and you haven’t been successful getting directly in touch with Royal Holiday Club, you might be considering the option of timeshare resale. The resale market can be tricky to navigate, but if this is something you’re looking into, consider the following websites that will allow you to advertise for a low fee:

  • Ebay
  • Craigslist

However, you should be aware of how difficult it is to sell a timeshare or vacation club membership this way. Even people who list for $1 find that they often cannot sell their timeshares at all. You should also be cautious of timeshare resale companies who claim they can sell your timeshare, but then ask for an upfront fee before doing so. Typically this will just end with you paying the fee and still being stuck with your timeshare or vacation club membership.

Timeshare cancellation, on the other hand, occurs through a timeshare exit company. This is when a company gets in touch with the resort for you, often with lawyers at the helm, and puts sufficient pressure on them that they cancel your contract and all associated fees. While this process can take awhile, it can ultimately be more fruitful, and save you the trouble that comes with going the resale route. However, it is incredibly important to find a trustworthy timeshare exit company, since there are so many scams out there.

Find an Exit Company to Cancel Royal Holiday Club Timeshare / Vacation Club

How can you choose the right timeshare exit company to get out of Royal Holiday Club timeshare? You should always be sure to look for one with a track record of success, with a strong body of positive reviews, and with an excellent online presence. You should also be sure to find one that does not require upfront payments, and instead uses escrow. In fact, our #1 recommendation when choosing a timeshare exit company is to find one that offers an escrow payment option. We have analyzed several companies that have these qualities. You can learn more about our recommended companies on this page.

Why Escrow is Important When Canceling a Timeshare

We always recommend escrow because of what it implies for you and the timeshare exit company you choose. It means that the company does not get paid in full until the timeshare has been canceled and you’re completely satisfied. It also means that they have more incentive to do the job completely and well. Learn more about escrow and why it’s important here.

How TimeshareExitCompanies.com Can Help You

There are more options than ever before for people ready to get rid of Royal Holiday Vacation Club timeshare. You should know that it’s smart to contact the timeshare company first, before getting in touch with anyone else, to see what your options actually are. Once you’re sure where you stand with the company, it’s easier to move forward. And if Royal Holiday Vacation Club won’t help you, a reputable timeshare exit company may be able to help.

We created this website to help people like you find the right timeshare exit companies for their situations. If you want to schedule a consultation or learn more, get in touch today. You can do so by initiating the live chat, submitting the contact form on the right side of the page, or giving us a call at 833-416-8796.

How To Cancel Royal Holiday Club Timeshare / Vacation Club Read More »

GeoHoliday Timeshare Cancellation

GeoHoliday is a vacation club that offers timeshare memberships, and that claims to offer a credits-based system that gives members even more travel opportunities. They have about 4,500 different resorts that timeshare holders can travel to, including in Mexico, Europe, and Asia. Their claim is that this membership allows members to travel to a variety of locales, varying from the mountains to beaches. However, from what we have learned about GeoHoliday, your choices may not be as flexible as advertised.

If you’re here because you want to get rid of your GeoHoliday timeshare, this could be your reason why, or you could have another situation on your hands. Maybe you’re tired of the expensive membership and maintenance fees, or you’ve found ways to travel on your own for far less money. Maybe you’re just one of the many timeshare owners who’ve realized your timeshare was not truly an investment in the first place. No matter what you’re facing, you can keep reading to learn more about why people often find themselves wanting to cancel GeoHoliday timeshare, and how you can get started doing so yourself.

GeoHoliday Timeshare Reviews

We found several reviews from past customers speaking to their experiences with GeoHoliday. Notably, many of them were 1- and 2-star reviews, including with Yelp, BBB, and ComplaintsBoard. Among the most common complaints were issues with redeeming points, and constantly escalating maintenance fees. The following are a few examples of those reviews:

    • “THE most ridiculous timeshare out there. Not much to choose from, heavy fines for cancelling, even if you do so as much as a whole 90 days prior to arrival, and you even lose the points you used when you cancel!!!I spent 10,000 dollars plus financing interest, paid all my maintenance fees which went up almost every three years, (now is $550.00) for absolutely nothing. I just keep it so it won’t affect my credit. I wish there was a way to get rid of it 🙁 Unfortunately, the system won’t allow me not to put any stars, so I have to put the one star, but even that is way too much.” (Yelp)
    • “We purchased ten years ago and it was Geoholiday. Turned into Sapphire. Since we purchased (paid in full) all the rules have changed. Never have dates available unless you want to rent. Changed the points system so now the initial points we bought will not pay for anything. They lied about the points, said we could use them for Las Vegas anytime which is where we bought because that was our favorite. Also, they said we could vacation every year and transfer our points to save for big vacation which is a lie. The whole saw pitch was a complete lie with no way to use it now. Our points are basically useless and now they are trying to get us to pay for a gray card. We want out. We will pay the transfer fee to give it back but we want OUT!” (ComplaintsBoard)
  • One of the biggest regrets of my life is buying this timeshare. I have been paying thousands of dollars since 2009 and have never used any of my points. This company is a complete scam. (Facebook)

When it comes to the BBB, there have been 529 total complaints in the last 3 years, and as of 2022, GeoHoliday is unaccredited with them. All of this together paints the picture of a company that leaves people without much of anything to show for the money they’ve spent. With this in mind, here’s some more information you might want to know about GeoHoliday timeshares and their practices.

FAQs about GeoHoliday Timeshares

GeoHoliday has gone through a great deal of changes over the years, so it can be tricky to find background information on them. We did some research to help give you the big picture about GeoHoliday and their associated timeshare membership clubs. Some of the most frequently asked questions on the Internet about GeoHoliday timeshares are below.

    • What are my GeoHoliday points worth? Since GeoHoliday is part of RCI, we can say that their points are worth the same amount as RCI points. RCI Credit Card points are worth 1 cent each, on average. That means 10,000 RCI Credit Card points have a value of roughly $100. Of course, that said, many people have said GeoHoliday refuses to honor these points, so be sure to keep that in mind.
    • Is GeoHoliday known by any other names? Yes. We found that GeoHoliday’s offerings are listed under Sapphire Resorts as well as The Jockey Club. They are all part of the same Las Vegas-based timeshare ownership company, and part of the RCI network.
    • Has GeoHoliday been part of any lawsuits? Yes. We found one class action lawsuit that includes GeoHoliday as a party to the main defendant, Starpoint Resort Group (which is part of the Jockey Club). Brunton v. Starpoint Resort Group, Inc. was a 2011 case brought by former sales agents. While this case was not about timeshare ownership per se, it is worth looking into to get a better idea of how GeoHoliday operates.

Timeshare Exit vs. Timeshare Resale: an Overview

People who need to cancel a timeshare often find themselves wondering whether the resale market is a good option for them. But the truth about resale is that most timeshares and travel club memberships decrease in value by at least 50% after they’ve been purchased directly. If you check eBay for evidence of this, you’ll find GeoHoliday timeshares for sale for $1, with zero bids or buyers. This is simply because timeshare owners are usually willing to try and get rid of their timeshares as fast as they can, rather than wait for an offer anywhere near what they paid.

That’s part of the trouble with resale: unfortunately, demand is not remotely as high as the supply. This makes resale agents far less likely to engage with or help timeshare owners. You may have been told that it’s easy to go this route and find a buyer, but in fact, the opposite is true. If you’re only considering resale to get rid of your GeoHoliday timeshare, you will probably be stuck with it and your contract for the foreseeable future.

So how can you get out of this poor investment? You know that your timeshare isn’t at all what was promised. But you’re now part of a legally binding contract that GeoHoliday, in all likelihood, won’t help you get out of. There is the option of timeshare exit. This is when you work with a company who is experienced in this industry and have them get in touch with the resort to cancel the timeshare on your behalf.

When selling a timeshare membership – or giving it back – becomes impossible, this is a great route to explore instead. Reputable timeshare exit companies can serve and help you when you have no other options. But it’s important to learn about which companies have a track record of success. To learn more about the timeshare exit companies we recommend, you can visit this page.

Why Escrow is Important to Safe Timeshare Cancellation

One of the key qualities we look for in timeshare exit companies is whether or not they offer an escrow payment option. Escrow is crucial because it is a means of keeping your money safe, and ensuring it goes only to your timeshare being canceled. It keeps the company accountable to you and to the promises they made. Companies who use escrow do not get paid until you are free from your timeshare, it is no longer in your name, and are no longer responsible for any payments or fees.

Anyone can pay lip service to a money-back guarantee, but this in no way ensures that you get anything back if things don’t go as planned. Escrow is the best, most realistic way to move forward with timeshare exit. Learn more about escrow and why it’s important here.

Work With Us to Cancel Your Timeshare For Good

We created this website to help people like you permanently cancel their timeshares and free themselves from the associated fees and costs. And we can help you with your situation, too. When you’re ready to get out of your GeoHoliday timeshare for good, be sure to get in touch with our team. We can help you find the right solution for your situation. To get started with your free timeshare exit consultation, submit a contact form, give us a call at 833-416-8796, or initiate the live chat.

GeoHoliday Timeshare Cancellation Read More »

Can You Get Rid of Bluegreen Timeshare?

So you’ve decided you’re ready to cancel your Bluegreen timeshare. You might have one or several reasons for wanting to do so – whether it’s because you’ve stopped vacationing like you used to, or you’ve had a major lifestyle shift. You should know that, no matter what your reasoning, you aren’t the only one wondering how to get out of Bluegreen timeshare. Keep reading to learn more about what your options are.

Bluegreen Timeshare Reviews

There are several reviews that speak to why people want to cancel their Bluegreen timeshares. The BBB, Consumer Affairs, and TripAdvisor pages for the company all include several 1-star reviews, including the following:

    • “If it’s possible to give 0 stars, I would. We were enticed to purchase a new ownership package, that seemed too good to be true! And of course it was. We sent a certified copy of our cancellation in writing as advised by Bluegreen within 10 business days. We were then told we had 30 days as new owners so we should be good to cancel. Then we called again to follow up on the status of our ownership- we were then told it had to be canceled within 5 days because we purchased a package out of WI. We have called Corporate, spoken to management and it took us over 2 weeks to reach an actual person willing to look up our account. We were advised by a Bluegreen manager to hire an attorney for cancellation, as we are too late. … DO NOT WASTE YOUR HARD EARNED MONEY-NOT EVEN 1 CENT … We were misinformed and stories change every time you call and talk to someone different.” (BBB)
    • “We agreed to the Bluegreen promotion before the pandemic. Of course, we could not go during that period. Then I developed a painful back issue and my mother now has serious health issues. We cannot leave her for an extended period. Then we started getting threatening emails giving us a deadline to make a reservation. I asked, due to these unforeseen circumstances, if I could get a refund of the deposit. The person on the phone refused to listen. I told them to keep the money and assured them I would warn others of their pressure campaign and heartless business practices.” (Consumer Affairs)
  • “Blue Green Resorts is like any other timeshare resort developers out there. They exist solely to part you from your hard earned money, by hook, crook and any means necessary. They don’t care if you can afford their over-priced and undervalued units, they just want to get your money. … What I found out about Blue Green really frightened me. There is documented proof that the income and credit qualification form used at check-in is used to applied for a Blue Green credit card in your name, whether you want one or not. The weeks you buy are worthless. A quick search on Ebay shows you can buy some poor soul’s weeks at The Fountains for pennies on the dollar. I couldn’t believe it until I saw it for myself. Whereas buying directly from Blue Green, you are charged from 10-25K for the unit, then several hundreds to thousands per year for maintenance fees.” (TripAdvisor)

In addition to these reviews, well-known travel and finance blogger The Points Guy has an in-depth article about their practices and sales presentations. A quick search for “The Points Guy bluegreen timeshare” should bring it up. It’s worth a read, especially if you want to know more about the lack of value you get with Bluegreen timeshares. Overall, it’s clear that many people are in the same camp that you are probably in when it comes to this timeshare company.

Canceling a Bluegreen Timeshare

What you can do to cancel your Bluegreen timeshare depends on the details of your situation. If you purchased a timeshare in the last few days, you should proceed with your cancellation using state rescission laws. These laws typically allow people who own timeshares to rescind a purchase within the first few days afterward. If you adhere to the rules around these laws, Bluegreen will have no choice but to refund your entire timeshare purchase. While you won’t get cash back from this process, you will get a full refund. Since most timeshares decrease in value by around 50% after they’ve been purchased directly, this is the best route to go, if you’re able.

For those who are outside of the window of time dictated by rescission laws, it is possible to try and use the resale market to get rid of Bluegreen timeshare. However, if you owe any kind of mortgage on the timeshare, selling it will be nearly impossible. People who are in this situation should look into reputable timeshare exit companies that offer escrow as a payment option. You can learn more about escrow and why it’s important on this page.

FAQs about Bluegreen Timeshares

You are probably wondering, at this point, “What else should I know about Bluegreen timeshares?” Here are some of the most frequently asked questions about this timeshare company, which could help you make a decision about canceling a Bluegreen timeshare.

    • How much does a Bluegreen timeshare cost? While the cost of a Bluegreen timeshare annual fee depends on the type of membership you have, generally, the consensus is you can expect to pay anywhere from $800 and upward. Maintenance fees will depend on the kind of accommodation, so that would require a more specific listing search to determine.
    • Have there been any lawsuits against Bluegreen? Yes – a simple Internet search will show that there have been several lawsuits involving Bluegreen. One of the most notable was a 2017 class action lawsuit brought to Florida’s U.S. District Court, in which timeshare buyers sued Bluegreen for selling to them under false pretenses (Bluegreen Vacations Unlimited, Inc. and Bluegreen Vacations Corporation v. Timeshare Lawyers P.A., et al). A similar class action lawsuit was brought in 2018 (Burgess v. Bluegreen Vacations Unlimited, Inc.).
    • Who owns Bluegreen? As of 2021, Bluegreen is a wholly owned subsidiary of a holding company called BBX Capital Corporation. This includes all three of their branches: Bluegreen Vacations, Bluegreen Resorts, and Outdoor Traveler (which is marketed through Bass Pro Shops).

Can You Sell a Bluegreen Timeshare?

It can be challenging to sell your Bluegreen timeshare on the resale market. If you look into how well others are doing with this approach, you’ll probably find many owners trying to basically give away their Bluegreen timeshares on eBay for as little as $1. Oftentimes, timeshare owners who go this route even offer to pay for all closing and transfer fees, just so they can get rid of the timeshare. This certainly indicates that it’s not just difficult to sell a Bluegreen timeshare – it’s nearly impossible.

Timeshare Exit vs. Timeshare Resale: an Overview

As noted above, it can be incredibly difficult to sell a timeshare on the resale market. When it comes to going this route, value is everything, and if you find that your timeshare is worth little based on the research you do, it will be even harder to sell. Even if you look into working with a resale agent – which is how some owners successfully sell their timeshares – chances are you won’t find someone suitable (or with a great deal of interest) unless you have a high-value timeshare.

Timeshare exit, on the other hand, can be a better option; it means that a third party gets in touch with the timeshare developer for you, and proceeds to get you out of your contract. Choosing this method will require you to do some investigating. There are several companies out there that are little more than scam operations when it comes to canceling a timeshare. You want to be sure to find someone with a solid background in the industry, and with a great track record of successful cancellations. Find out more about our recommended companies on this page.

Is a Bluegreen Timeshare a Good Investment?

The short answer is no. Bluegreen, like any other timeshare, is not a good investment. Why is this the case? Because as soon as you purchase a timeshare, you start losing money. It’s not uncommon for timeshare owners to lose up to 90% of the initial price.

In fact, it is actually illegal in some states to claim that purchasing a timeshare is an investment. These kinds of laws exist in order to stop real estate agents from misrepresenting what a timeshare is. The fact of the matter is, if you can purchase a Bluegreen timeshare on eBay for $1, there’s no way that buying a Bluegreen timeshare directly from the developer for $10,000 could be a good investment for you.

Pay attention to which timeshare owners, developers, and sales agents try to reframe the question of whether a timeshare is an investment. They may try to tell you it’s an “investment in your happiness,” or something of that nature. While there is some truth to this statement, it’s little more than another sales pitch, especially since you can plan a fun vacation for you and your family without a timeshare. You could say the same thing about literally any other product.

About TimeshareExitCompanies.com

Our website is meant to help you find the right timeshare exit company for your situation. Our team does not sell timeshares, nor do we perform cancellations ourselves. TimeshareExitCompanies.com is simply here to give you the advice you need to get out of Bluegreen timeshare on your own. To schedule a free consultation, initiate the live chat (on the bottom right corner of the page), or submit a contact form.

Avoid Paying High Up-Front Fees

The TimeshareExitCompanies.com team recommends that you avoid working with any company that charges you an upfront fee. Even if they have a money-back guarantee, this in no way ensures that you will actually get a refund in the case they aren’t successful. Furthermore, it fails to hold timeshare exit companies accountable for doing well in getting you out of your timeshare. Instead, we encourage people to work with companies who have an escrow payment option.

How Escrow Payments Protect You

Using escrow involves a third-party holding account that keeps your money safe while a company cancels your timeshare. It means that, if they do not complete their service as promised, you will get your money back directly. This is important because not only does it offer you financial security, but it also gives the timeshare exit company incentive to cancel your timeshare. You can learn more about escrow and why it’s important here.

We have heard too many stories of timeshare owners who paid a resale or cancellation company upfront, only to realize months later that the timeshare is still in their name, and was never canceled at all. Don’t let this be you! Be sure the company you choose doesn’t demand any high upfront fees.

Find a Timeshare Exit Solution that Works

For more information about which companies we recommend, or how we can help you, use the live chat in the bottom right corner of the page, submit a contact form on the right side of the page, or give us a call at 833-416-8796. We can give you a free timeshare exit consultation, and help you determine just how to get out of your timeshare. (Note: You should be sure to contact Bluegreen first, before speaking to anyone else about canceling your timeshare.)

Can You Get Rid of Bluegreen Timeshare? Read More »

OUR GOAL

Our goal is to help timeshare owners find a reputable timeshare exit company to work with. We like to recommend timeshare exit companies that offer a low up front fee escrow payment option, so you are protected from scams. Contact us to receive a free timeshare exit consultation.

TIP

Always contact your resort or timeshare developer first before contacting a timeshare exit company. Some have exit programs of their own that can assist you with a timeshare cancellation