The sheer number of timeshares that are out there to be explored today is incredible, and even a bit overwhelming. Some of them carry the biggest brand names in the industry, with hundreds of locations and countless members around the globe. Others serve a smaller market but still make a notable impression on the timeshare landscape.
If you are a Krystal timeshare owner, you already know that this brand has a selection of beautiful resorts in warm locations around Mexico. While there is little doubt that it’s possible to have an amazing vacation at a Krystal property, you might have found that the costs and obligations of ownership are not worth it. For owners who have reached that conclusion, or for those who are thinking about getting out, this page will look closer at the cancellation process.
What is the Krystal International Vacation Club?
One of the many timeshare options for those who like to travel regularly to Mexico, Krystal International Vacation Club – referred to below as just “Krystal” – is part of the Santa Fe Hotel Group. There are five resorts advertised on Krystal’s website as being included in their network of properties for owners to visit. Those locations are found in appealing destinations like Puerto Vallarta, Cancun, Ixtapa, and Acapulco.
In addition to the standard membership experience with Krystal, there is an optional upgrade to the Krystal Plus membership level. Members at the Plus level gain a variety of benefits including more vacation time, more flexibility as owners, discounts, and more. Whether you are a standard member or a Plus member, canceling your Krystal timeshare might not be as easy as you would like, but you will hopefully be able to find a way out with persistence and the right help.
Act Fast for the Most Options
If you have only recently purchased a Krystal International Vacation Club timeshare, you may still have an easy way to get out of your contract. Under Mexican law, the timeshare has to offer you five business days to cancel the purchase, no questions asked. That’s not a lot of time, but if you are reading this in the aftermath of making your purchase and you have second thoughts, don’t wait any longer to start the cancellation process.
It’s hard to overestimate the difference that just one single day can make in the life of a timeshare owner. If you allow the calendar to flip from the fifth business day to the sixth, everything will change dramatically and it will suddenly become very difficult to get out of the contract. Not only will you be unable to get the money back that you spent on the purchase, but you’ll also be stuck with ongoing maintenance fees and assessment charges that you may struggle to get away from for years to come.
So, if you are here and have only just purchased a timeshare from Krystal, take the chance while you still have it to cancel. You need to contact them directly to cancel and be sure to keep records of everything so you can prove that you did, in fact, cancel within the window that is required by law. With so much on the line, you can’t be too careful in this kind of situation.
Contact Krystal Directly
One way to attempt to cancel your Krystal timeshare is simply to contact the company directly and ask about the options to cancel. They might tell you that there are no options to do so at this time, but there is a chance they will have some type of program available where you can essentially give back your timeshare and walk away. If such a program is currently available, it might not remain available for long – so it would be smart to make a quick decision and follow the steps required if you decide that this is the right way to get out.
It’s important to remember to remain cool, calm, and collected when dealing with people at the timeshare company. Even if you are very frustrated with the situation you find yourself in and the lack of options that you have available, getting mad at people on the phone or through email is only going to cause more problems. If you want them to work with you to find a solution, being nice will almost certainly be your best bet.
You should also know that the answer you get at one time, or from one person, when you contact Krystal about getting out of your timeshare might not be the same story you get when you try again. Persistence can pay off in this area, so don’t give up after just a single try. Reaching out more than once – perhaps many times – might eventually allow you to get the outcome you have been looking for.
Is It Possible to Sell Your Krystal Timeshare?
Did you buy your timeshare thinking it would be a great investment? You aren’t alone. Many people are in the same boat, as the idea of timeshares as an investment is often suggested during sales pitches. Even if the claim isn’t made directly that a timeshare will help you accumulate wealth, it’s certainly hinted at in various ways. The problem with seeing a timeshare as an investment is that they almost never work out that way.
Whatever price you happen to have paid for your timeshare originally when you bought it from the developer, it almost certainly isn’t worth that on the open market today. In fact, it probably wasn’t even worth that when you purchased it – that can be hard to hear, but it’s the truth. The actual value of a timeshare on the open market is next to nothing, which is something that you will quickly learn if you try to sell your Krystal timeshare to a new owner.
Does that mean you can’t sell your timeshare? Not necessarily. If you happen to find the right place to list your timeshare, and the right buyer comes along, a deal could be struck. But don’t expect to get much of anything in terms of a financial return on this sale. The primary motivation for selling the timeshare will be to get away from the obligation of continuing to pay the ongoing fees that are associated with being an owner. If you can make that happen, you will have done about as good as you are going to do in this situation, and you can just move on with life from there.
Using an Exit Company Can Help
If we are being honest, there is a good chance you wind up at this last step when trying to cancel your Krystal timeshare. Yes, it’s worth reaching out directly to the developer to ask about any offers they might have available. Yes, it’s worth looking into selling the timeshare to someone else. But in the end, timeshares are hard to get rid of and many people wind up looking for help in the form of a timeshare exit company.
Timeshare exit companies are extremely popular today because of the sheer number of people who would like to get out of their timeshare as quickly as possible. There are many thousands and thousands of timeshare owners who want out, and exit companies have made it a specialty to serve that market. With their knowledge in this area and the ability to deal with the timeshare company on your behalf, there is a lot to like about partnering with an exit company to attempt to get out of your Krystal timeshare.
It is important, however, that we offer a word of warning here about working with exit companies. Many of them will want to collect your money upfront as soon as you agree to work with them on this matter. That’s understandable, but it can leave you in a vulnerable position. Once the money is handed over, you may have little to no recourse if they don’t deliver what they promised and leave you out in the cold. A better way is to choose an exit company that uses an escrow service to hold your money while they work. In that case, the money is protected, and you can wait to see how this situation plays out before that money is released. If an exit company doesn’t want to use escrow while working with you, move on and find one that will.
You Might Need to Get Help
The reality of the situation for Krystal timeshare owners is that it might be necessary to work with an exit company in order to get the desired results. If you haven’t had any luck with other paths to get your timeshare canceled, consider reaching out to us today at 833-416-8796 to learn more about the exit companies that could serve you in this matter. You are also welcome to try our live chat feature to get more information and start down the road toward a timeshare-free future. We appreciate the time you have taken to visit our site and we hope to have the chance to serve you soon!