Last updated September 6th, 2022
Garza Blanca is a resort and spa with two locations, one in Puerto Vallarta and one in Los Cabos. The resort features lavish penthouses, and deluxe multi-bedroom suites. Gourmet dining, zip lining, whale watching, and tequila tasting are just a few of the amenities that are offered to guests. 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 Garza Blanca timeshare.
Perhaps you were led into believing that you would be saving money on future vacations and making a wise investment. Many timeshare owners commonly believe their timeshare is will go up in value like real estate, and are later disappointed to learn they can’t ever give it away for $1 when they no longer want it.
Did you know timeshares decrease in value by 50% the second after they are purchased? It’s similar to buying a new car. The second it’s purchased and “driven off the lot” you lose a lot of money.
You can buy a timeshare on eBay and other online marketplaces for as little as $1. Many timeshare owners advertise their timeshare for sale for such a little amount in hopes of simply getting rid of the thing and stopping their maintenance fees. When it still doesn’t sell for $1, it may seem like you are stuck and have no options for getting rid of your Garza Blanca timeshare.
You have signed a legally binding contract and the resort may be unwilling to help you get out of that contract. The amount of money they are making off the maintenance fees and interest of the loans you might be paying, make the chances of them helping you low. Sometimes, 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 that is rarely the case. Many timeshare resort developers would prefer to sell new timeshares so they keep you paying your maintenance fees.
Timeshare exit companies exist for this very reason because they can help you get out of your timeshare when you’re unable to sell and your resort refuses to help you. We only advise using a timeshare exit company that offers escrow as a payment method in order to avoid paying an up front fee.
Escrow is important, and a safe payment method to use while canceling your timeshare because it does not require immediate payment. Instead, you pay an escrow company and the timeshare exit company only gets paid in full from the escrow company after your timeshare is cancelled. Timeshare exit companies that offer an escrow payment option are the safest choice by far because it ensures they are held accountable. If they don’t do the work, they don’t get paid. 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 or submit a contact form for your free timeshare exit consultation.