There are countless Americans currently struggling with the burden of paying for an unwanted timeshare. How do so many people find themselves in this situation? The common misconception is that people get scammed by the terms of their original timeshare agreement. While this can be the case, it is often the timeshare ‘upgrade’ that gets them into trouble. Predatory timeshare companies often turn a reasonable timeshare agreement into a nightmare by pressuring people into ‘upgrades’ that do everything but make things better. The best way to protect yourself is by learning about these scenarios before they become a reality. If you have already found yourself in this unfortunate situation it’s time to look into reputable timeshare cancellation companies.
Calling to Complain
Ironically, many people get duped into a predatory timeshare upgrade during their first call to complain about their current agreement. Timeshare salesmen will take whatever issues the timeshare buyer calls about and frame it as an issue with a lack of timeshare services, rather than an issue with the timeshare itself. They will claim that the issue arises from not buying a larger package to begin with. In order to get the timeshare they thought they were buying originally, the seller will claim an upgrade is necessary. Only after contracts are signed will the buyer realize that the upgrades did nothing but make their life more difficult. This is when it’s time to enlist the services offered by timeshare cancellation companies.
Competing Timeshare Sellers
Timeshare buyers also need to beware of competing timeshare companies coming in trying to offer a ‘solution.’ When timeshare sellers approach the potential buyer and that buyer complains about their previous agreement, this will be seen as an opportunity. The salesperson will talk about how they understand their dissatisfaction and will offer equity to their old timeshare if they decide to switch to their timeshare company. They will claim that they can take over the old timeshare, just sign the dotted line below. After signing, the buyer finds out that their old timeshare was never taken over and they are responsible now for two different timeshare payments.
Timeshare Resale
Instead of offering equity, competing timeshare salespeople sometimes promise they can sell your previous timeshare after you purchase a new one through them. They will even suggest or ‘guarantee’ verbally that you will make money off of the original timeshare. In reality, the contract will offer no such guarantee. Once contracts are signed, you find yourself facing an additional ‘listing fee’ for reselling a timeshare, which no one actually buys. Now you have two unwanted timeshares and lose money on the listing fee. Fortunately, timeshare cancellation companies offer a way out.
Trusted Timeshare Cancellation Companies
Truly, the best option is to never purchase an upgrade or never buy a timeshare to begin with. However, if it’s too late, consider the services offered by timeshare cancellation companies. At Timeshare Legal we offer a way out. For qualified candidates, we can completely cancel all recurring points and credits and any outstanding financial obligations owed directly to the timeshare developer.
If you still enjoy your timeshare but upgrades have gotten you in over your head, we also offer partial cancellation services. We will reduce your ownership to a more manageable level where you will still be able to travel within your budget. As one of the most respected and trustworthy timeshare cancellation companies, we are committed to helping our clients find the best possible solution for their timeshare issues. Call us today to escape your timeshare nightmare.