Categories
Tips

GeoHoliday Timeshare Cancellation

GeoHoliday is a vacation club that uses credits-based innovations and exchange systems that claim to offer flexibility and more travel opportunities. There are about 4,500 different resorts that are available to timeshare holders including some in Mexico, Spain, Europe, and Asia. With a timeshare membership, you can travel to the beaches or the mountains; however, your options may not be as flexible and carefree as you once thought.

         You might be wondering how to get rid of your Geo Holiday timeshare because of the costly membership and maintenance fees, or realizing you can travel on your own for less money. Many timeshare owners who previously believed their timeshare was a good investment later find out the truth. The majority of timeshares and travel club memberships decrease in value by 50% or more after they are purchased from a resort developer directly. Currently, eBay has timeshares for sale for $1 with no bids and no buyers, this is due to timeshare owners wanting to get out of their purchase and put this mistake behind them.

         How can you get out of this bad investment? The timeshare wasn’t all that it was pitched to be, that’s clear. Now you are trapped with a legally binding document that GeoHoliday may be unwilling to help you get out of. GeoHoliday may allow you to give the membership back to them, but if you have a loan it may not possibly. Even if it’s paid in full, you may still have issues. The trick is finding someone high up enough in management that has the power to take it back. Giving it back is always the best option if it is available. The last thing you want to be is another seller on eBay with no bids and no offers on a $1 timeshare purchase.

         When you can’t sell your membership and can’t give it back, timeshare exit companies exist to assist you. These companies can help you get out of GeoHoliday timeshare when no other options are left. We only recommend using timeshare exit companies that offer an escrow payment option, so you are protected from scams. Escrow is important because it is the safest way to get out of your timeshare because you do not pay the exit company any money up-front. By using escrow, the timeshare exit company will not get paid until your timeshare is out of your name. Any company can promise you the guarantee of your money back if you aren’t satisfied with their work, but this is often not as it seems. Escrow is the only realistic option when it comes to your safety as a client.

Learn more about escrow and why it’s important here. Or, submit a contact form, give us a call at 213-282-5595, or initiate live chat for your free timeshare exit consultation.


Categories
Tips

Vidanta Timeshare Cancellation

Vidanta is a collection of luxury resorts along with the beautiful scenery of Mexico’s beaches. From high-end amenities to top of the line accommodations, Vidanta claims to give their guests a world-class experience. One unique feature about Vidanta is that they offer entertainment from acrobats and musical performances that reflect the Mexican culture. After traveling to this destination you may have been tempted by skilled salespeople to buy a timeshare, now you want to know how to get rid of Vidanta timeshare.

         Did you know that most people who buy timeshares are under the impression that it is a good investment? This is a myth because unlike real estate a timeshare does not increase in value over time, it actually decreases. On average, the second after you purchase a timeshare from a resort directly, it drops about 50% in value.

         So how can you get out of Vidanta timeshare and what are the next steps? You have signed a legal contract with Vidanta and the resort developer may be unwilling to help you get out of it. After all, they don’t have much of an incentive to help you get out of your timeshare as they are making money while collecting an interest rate on loans and yearly maintenance fees.

This is where timeshare exit companies come in. Timeshare exit companies exist to help you get out of your timeshare when the resort is unwilling to help you are you cannot sell the timeshare for even $1 on the resale market. These companies have sprung up everwhere because many timeshare owners have realized that they cannot even give their timeshare away for free, and just want to get out of their maintenance fees.

If you choose to work with a timeshare exit company, we strongly advise using one that offers escrow as a payment method in order to avoid scams. A “100% money back guarantee” does not mean anything at all because the company could take your money up front and then go out of business and never refund the money.

          Using escrow as a payment method is an efficient way to pursue canceling your timeshare because it does not require a high upfront fee or the possibility of getting scammed. Furthermore, by using escrow, you do not have to pay the company until after the timeshare is out of your name. Timeshare exit companies that offer an escrow payment option are the safest choice because they are the ones who are held accountable. An escrow service provides protection for both the timeshare owner and the exit company because the company can’t get paid until they have delivered their promise, and they are satisfied with the knowledge that they will get paid once the timeshare is canceled.

Learn more about escrow and why it’s important here. Or, give us a call at 213-282-5595, initiate live chat, or submit a contact form for your free timeshare exit consultation.


Categories
Tips

Villa Del Palmar Timeshare Cancellation

Villa del Palmar is a 5 star all inclusive resort nestled on the beaches of Cancun. The resort has 5 outdoor swimming pools and a fitness facility as well as over 50 other amenities. Villa del Palmar aims to offer guests the experience of the Caribbean as well as the delights of Mexico. After traveling to this resort, purchasing a timeshare might be tempting, however when you get home you may be wondering how to get rid of Villa del Palmar timeshare. Why? The ever so costly maintenance fees, the interest on your loans or the inability for the resort to accommodate you when you want to travel there.

         Timeshare owners are commonly mistaken to believe their timeshare is a good investment like real estate and would increase in value over time, and for that reason, they may want to get out of their timeshare purchase later. The majority of timeshares decrease in value by 50% or more the second after they are purchased from a resort developer. eBay currently has timeshares going for $1 with no bids and no buyers, this is due to timeshare owners wanting to get out of their purchase and are willing to let it go for a single dollar.

         So how can you get out of your timeshare? You have signed a legally binding contract and the resort is unwilling to help you get out of it. After all, they are making money while collecting an interest rate on maintenance fees and loans. This is why timeshare exit companies exist. They can help you get out of your timeshare when the resort does not offer you any exit solutions and you are unable to sell, ever for $1. We here at TimeshareExitCompanies.com only recommend using a timeshare exit company that offers an escrow payment option. Companies that offer “100% money back guarantee” can not be trusted because you must pay them up-front before your timeshare is cancelled.

         Escrow is a safe payment method to use while canceling your timeshare because it does not require a high upfront fee. By using escrow, you do not have to pay the timeshare cancellation company until after the timeshare is canceled and out of your name once and for all. Timeshare exit companies that offer an escrow payment option are the safest choice by far because it ensures they are held accountable. An escrow service provides protection for both the timeshare owner and the exit company.

Learn more about escrow and why it’s important here. Or, initiate live chat, give us a call at 213-282-5595 or submit a contact form on the right side of the page for your free consultation.


Categories
Tips

Vistana Timeshare Cancellation

Vistana Signature Experiences is a collection of resorts in Mexico, the Caribbean, and the United States. Vistana claims that through purchasing a timeshare with them, you can have the flexibility of travel, stay in stylish villas, and go to world-class destinations. From Sheraton hotels to Westin hotels, the options of timeshares are countless however you may be wondering how to get rid of your Vistana timeshare after unknown fees and false promises. Vistana has several complaints on the internet and has been reported to the better business bureau several times as of 5/6/19.

          Did you know that most people who buy timeshares are under the impression that it is a good investment? This is a myth because unlike real estate it does not increase in value over time, it actually decreases. On average, the second after you purchase a timeshare from a resort directly, it drops about 50% in value.

         How can you get out of this bad “investment?” The timeshare wasn’t all that it was pitched to be, that’s clear. Now you are trapped with a legally binding document that the resort is probably unwilling to help you get out of. However, you may get lucky and the resort just so happens to need more inventory to sell to new timeshare owners, and in this case, you may be in luck and able to give it back. But, more often than not you are stuck. The last thing you want is to be another seller on eBay with no bids and no offers on a $1 timeshare purchase. This is where timeshare exit companies come in.

         Timeshare exit companies exist because they can help you get out when your resort does not offer any options. If you owe a mortgage on the timeshare, your chances of getting out through the resort directly are very low. Timeshare exit companies can help you get out of your purchase with the least amount of impact on your credit as possible. We recommend going with a timeshare exit company that offers escrow as a payment option. Escrow is important because it is the safest way to get out of your timeshare and avoid the scammers. By using escrow, the timeshare exit company will not get paid until your timeshare is out of your name. Any company can promise you the guarantee of your money back if you aren’t satisfied with their work, but this is often not as it seems because they could take your money and never cancel the timeshare and not refund you any money. Escrow is the only realistic option when it comes to your safety as a client. Let’s face it, you have already made a bad choice into buying a timeshare, wasn’t once enough? Learn more about escrow and why it’s important or initiate live chat in the bottom right hand corner for your free timeshare exit consultation.You may also call us directly at 213-282-5595.

 


Categories
Tips

Villa Del Arco Timeshare Cancellation

Villa del Arco is an all-inclusive beach resort on the clear waters of Mexico. The resort is fully stocked with amenities for the whole family including spas, kids clubs, and gourmet dining. Being a boutique hotel, Villa Del Arco has a vast collection of beautiful rooms to accommodate their guests. While the scenery and amenities of this resort are tempting, buying a timeshare in Villa Del Arco is something you might want to get rid of. After being promised a great deal by talented salespeople, some timeshare owners realize that they made a huge mistake. Many times, timeshare owners overlook costly maintenance fees that come with the purchase. Some owners who are not the best planners may have a hard time making a reservation at the resort early enough as well.

         Timeshare owners who were mistaken to believe their timeshare is a good investment like real estate and would increase in value over time may want to get out of their purchase before sinking any more money into it. The majority of timeshares decrease in value by 50% or more the second after they are purchased from a resort developer. Right now you can go on eBay and find timeshares going for $1 with no bids and no buyers, this is due to timeshare owners wanting to get out of their purchase and are willing to let it go for a single dollar.

         So what are your options at this point, and how can you get rid of Villa del Arco timeshare? After signing a legal contract, the resort may be unwilling to help you get out of it. After all, they are making money while collecting an interest rate on maintenance fees and loans. Sometimes, however, the resort may be willing to work with you to get out of your timeshare so they can increase their inventory to in turn sell to new timeshare owners. Timeshare exit companies exist for owners who are not provided options to get out from their resort directly. We recommend timeshare exit companies that offer escrow as a payment option in order to avoid scams and for optimal protection. Learn more about escrow and why it's important. Or, give us a call or initial live chat for a free timeshare exit consultation.

          Escrow is a safe payment method to use while canceling your timeshare because it does not require a high upfront fee or the possibility of those hidden scams. Furthermore, by using escrow, you do not have to pay the company until after the timeshare is canceled and out of your name once and for all. Timeshare exit companies that offer an escrow payment option are the safest choice by far because it ensures they are held accountable. An escrow service provides protection for both the timeshare owner and the exit company.


Categories
Tips

Pueblo Bonito Timeshare Cancellation

Pueblo Bonito is a resort in Mexico that promises old world luxury. There are eight beachfront resorts available to guests along the coast of Cabo San Lucas and Mazatlan. Pueblo Bonito offers complimentary wine tasting, yoga, and fitness classes to their guests. While tempting amenities such as lavish spas, world-class dining, and an international golf course could trick you into a timeshare purchase; many timeshare owners are having second thoughts.

          You might be wondering how to get rid of Pueblo Bonito timeshare because of the inability to make reservations, costly maintenance fees, or realizing you can travel on your own for less money. For these reasons, Pueblo Bonito has received negative reviews from owners. Other timeshare owners who believe their timeshare is a good investment like real estate and would increase in value over time are mistaken. In fact, the majority of timeshares decrease in value by 50% after they are purchased from a resort developer. Currently, EBay has timeshares going for $1 with no bids and no buyers, this is due to timeshare owners wanting to get out of their purchase and put this mistake behind them.

          So how can you get out of Pueblo Bonito timeshare? You have signed a legally binding contract and the resort is unwilling to help you get out of it. After all, they are making money while collecting an interest rate on maintenance fees and loans. On rare occasions, the resort may be willing to work with you to get out of your timeshare so they can increase their inventory to in turn sell to new timeshare owners, but when the resort isn’t helping you may need help from a professional timeshare exit company. Timeshare exit companies exist because they can help you get out of your timeshare with as minimal impact to your credit score as possible. We recommend using a timeshare exit company that offers an escrow payment option to avoid scams disguised by a “100% money back guarantee”.

          Using escrow as a payment method is an efficient way to pursue canceling your timeshare because it does not require a high upfront fee or the possibility of getting scammed. Furthermore, by using escrow, you do not have to pay the company until after the timeshare is out of your name. Timeshare exit companies that offer an escrow payment option are the safest choice because they are the ones who are held accountable. An escrow service provides protection for both the timeshare owner and the exit company because the company can’t get paid until they have delivered their promise, and they are satisfied with the knowledge that they will get paid once the timeshare is canceled. Learn more about escrow and why it’s important here. Or, give us a call at  213-282-5595 or initiate live chat for more information about cancellation your timeshare.


Categories
Tips

Timeshare Cancellation After Rescission Period

You have a few options if you’d like to cancel your timeshare after the rescission period has passed. We’ll explore all of them in this post.

Selling Your Timeshare

Your first option is to attempt to sell the timeshare on the secondary resale marketplace. This can be hard to do if you don’t have a timeshare in a desirable location such as Hawaii or Aruba. Timeshares in Orlando and Las Vegas are a dime a dozen, so it can be harder for a timeshare to retain its value in these locations. Top timeshare (vacation ownership) brands such as Marriott, Westin, Ritz Carlton, Hilton and Disney generally hold their value better than other brands.

A good place to start when you’d like to sell your timeshare is Ebay or Craigslist. These are low cost options available to you that can help you locate a buyer. A good way for you to see how much your timeshare is worth is to look at the ads of other timeshares for sale at your resort from other owners. If you search for the name of your timeshare on Ebay and you see several ads for $1, that should give you a good idea of the timeshare’s value.

When attempting to sell your timeshare, it’s a good idea to avoid companies that want to charge you a high up-front fee because these are typically scams. They may call this fee an “advertising” fee or a “listing” fee, but you will pay them up front and your timeshare likely won’t sell because the company has no incentive to sell it after collecting your up-front fee.

Some scam up-front fee resale companies may have timeshare value estimation tools on their websites, but these are misleading. These tools determine the value of your timeshare based on the aggregate price of the timeshares being advertised on their scam websites. These websites are filled with timeshares for sale from owners who mistakenly think their timeshare went up in value after it was purchased. The truth is, timeshares decrease in value by 50% or more the second they are purchased from a resort developer directly, and most can’t even be given away on a site like Ebay for $1. Scam up-front fee timeshare resale companies want you to think your timeshare has value so you think it’s worth their scam up-front fee to advertise your timeshare for sale on their scam website. That is why their bogus timeshare value estimation tools are designed to spit out over inflated valuations.

Timeshare Cancellation After Rescission Period

If it has been more than a few weeks since you’ve purchased your timeshare and you’re no longer able to rescind the purchase, you still have a few options. Some resorts have introduced “buy back” or “deedback” programs that will take back your timeshare. Sometimes you will have to pay the timeshare developer to take back your timeshare and other times this service is free. How nice of the resort developers to sell you a product for $10,000 – $20,000 at an 11 – 20% interest rate and then charge you to take it back when you no longer want it. They sure do care about their customers.

If you owe a mortgage on your timeshare, there is a slim chance the resort developer will take it back from you. This is when a timeshare exit company can be a good option.

If you can’t sell the timeshare and the resort won’t take it back, a timeshare exit company is a logical next step. We only recommend working with timeshare exit companies that offer a no up front fee escrow payment option so the timeshare exit company does not get paid until AFTER your timeshare is canceled. Learn more about escrow and why it’s important.

If you’re still wondering about timeshare cancellation after rescission period, contact us on live chat or submit a contact form on the right side of the page for a free consultation.You may also call us directly at 213-282-5595.




Categories
Tips

How To Get Rid of a Timeshare In Florida

The process of getting rid of a timeshare in Florida is similar to the process in any other location. The only real difference is the amount of time you have to rescind the timeshare purchase. Rescinding a timeshare means returning it to the timeshare developer directly for a full refund.

Each state allows a different amount of time for owners to obtain a full refund from the resort developer directly. In Florida, new timeshare owners have 10 days to mail the required cancellation letter to the timeshare developer and obtain a refund. Usually, this Florida timeshare cancellation letter is sent via certified or registered mail that makes it clear you are exercising your right to rescind the purchase.

To learn more about rescinding your timeshare purchase, read through the documents you received when you purchased the timeshare. There should be information about the rescission period within these documents because timeshare developers are required by law to include it in the documents they give to you when you buy the timeshare.

After 10 days, Florida timeshare owners must figure out other methods to get rid of their timeshare.

Selling a Timeshare In Florida

If you’d like to try your hand at selling your timeshare in Florida, you can try advertising it for sale yourself on a site like Ebay or Craigslist. These are low cost options that you can use to get your timeshare advertisement in front of hundreds if not thousands of potential buyers. The problem with trying to sell a timeshare on the resale market is that many are extremely difficult, if not impossible, to sell. For example, head over to ebay and search “timeshare” and you’ll likely see several advertisements priced at just $1 with no activity. This shows you the difficulty owners have even giving away their timeshare for free.

Timeshare is not an investment like traditional real estate. Most timeshares lose 50 – 90% of their value the second they are purchased from a resort directly. We know this is a tough pill to swallow, but it is something you’ll need to come to terms with because it is the unfortunate truth in this industry.

On the bright side, a few select timeshares do hold at least some of their value. In Florida, a Disney Vacation Club timeshare can typically be sold on the resale market eventually. No timeshare owner should expert to sell their timeshare for more than what they originally bought it for, but DVC owners can typically recoup at least some of their original purchase price by selling it online. DVC owners are encouraged to contact a timeshare broker because a broker can not charge a up front fee to sell your timeshare, so you are protected from scams.

While we’re on the subject of scams, we’d like to remind you to avoid companies that ask you to pay a high up-front fee to advertise your timeshare for sale. Typically, you pay their high up-front fee, and your timeshare will never sell because they don’t have any incentive to sell it. They’ve already collected their up-front fee from you, and that’s all they care about it.

If you’re still wondering how to get rid of a timeshare in Florida after attempting to sell it, you may want to look in to the services of a Florida timeshare attorney and/or timeshare exit company. These companies work with lawyers to get your timeshare cancelled. You will have to pay them for their services, but your timeshare will be cancelled and your maintenance fees will stop.

You should also be cautious of paying any up-front fees when working with a timeshare cancellation company. Our recommendation is to only work with timeshare exit companies that offer an escrow payment option, so the timeshare exit company is only paid from the escrow account AFTER your timeshare has been cancelled. Learn more about escrow and why it’s important here.

If you still have questions about cancelling your timeshare, please feel free to contact us through live chat or submit a contact form on the right side of the page. You may also call us directly at 213-282-5595.




Categories
Tips

Timeshare Cancellation

Owning a timeshare can become a burden when you find yourself no longer using it. You may have enjoyed it for years as your family was growing up, but now that the kids are gone your vacation habits may have changed. And that’s perfectly ok. 

As timeshare owners become more aware of the difficulty that comes with selling their timeshares, many have sought other options to relieve themselves of their timeshare ownership. Some lucky timeshare owners can work directly with their resort to cancel their timeshares, but most owners aren’t so lucky. 


So, what can you do?

A timeshare cancellation company may be able to help you cancel the timeshare and stop your maintenance fees. The most important thing you’ll want to look out for when choosing a company is whether the company charges an up-front fee. We recommend not paying an up-front fee to cancel your timeshare. This is what the BBB, the FTC and literally every other consumer advocacy website recommend. Some timeshare exit companies will promise you they can cancel your timeshare, charge you up-front, and then disappear with your money. Don’t fall victim to these scams. NEVER pay an up-front fee.

This is why we only recommend working with timeshare cancellation companies that offer a no up-front fee escrow payment option. Learn more about escrow and why it’s important here.

You may also give us a call or contact us through the contact form or live chat on the right side of this page for more information.

Selling Timeshare on the Resale Market

Also, it’s important to keep in mind that in rare cases some timeshares may be able to be sold on the secondary resale market. If you own a Disney Vacation Club timeshare for example, you may want to try and advertise it for sale on a website like Craigslist or Ebay to see if you can get anything for it. If you find an interested buyer, you’ll just need to pay a timeshare broker to finalize the deal. Selling the timeshare will always be cheaper than hiring a timeshare exit firm, and you may even get some cash from the sale.

Keep in mind that it is extremely difficult to sell most timeshares. Disney is just about the only exception. Marriott Aruba Surf Club is another.

Timeshare Cancellation Rescission Period

It is important to note that most states allow timeshare owners to rescind their purchase within one or two weeks after purchase. This means you may return the timeshare for a full refund. Timeshare developers in the USA are required by law to explain how to rescind the purchase within the documents you received when your purchased the timeshare. The process isn’t complicated. Just follow the instructions provided in the documents you received and send the letter via certified or registered mail so the resort must sign to receive it.

A sample timeshare rescission letter could look as simple as this:

Dear [timeshare resort],

I wish to exercise my right to rescind and cancel my timeshare purchase made on [date]. My owner number is [x] and my name is [x].

Thank you,

[signature]

And that’s it. There is usually no reason to hire a timeshare exit company to rescind a timeshare purchase made within the past week or two. If you send the letter to the correct address via certified or registered mail within the rescission timeframe of the state in which the timeshare was purchased, the timeshare resort has no choice but to refund you your money. It’s a state law.

If you’ve passed the rescission period and still need to cancel your timeshare, we recommend working with a timeshare exit company that offers an escrow payment option, so you are protected from scams. Learn more about escrow and why it’s important here.

If you still have questions about cancelling your timeshare, contact us using live chat or submit a contact form on the right side of the page or give us a call at 213-282-5595.