Many have asked the question, “How do I cancel my timeshare”. Let me share with you some ideas that might be helpful. For many years, timeshare sales reps have been using deceptive sales tactics to get unsuspecting consumers to bite on a dangerously baited hook. These deceptive practices have evolved through the years thanks to technology and, unfortunately, from consumers who do not do their homework. Additionally, those who go on timeshare presentations do not do their homework to find out what a timeshare truly is prior to going on a timeshare presentation.
Timeshare sales reps use many tricks to get their tour hooked into what they are selling.
Here are some of those tricks:
- They will make the timeshare have an illusion of value and they will show you how something that can go up in value is a great financial investment.
- They will get you to believe that timeshares are such a commodity that you would have no trouble renting your timeshare out to not only cover your payments but also to put extra cash in your pocket.
- They will get you to think that if and when you are done with it, they will assist or even buy it back from you.
- They will tell you that you can claim the timeshare taxes and maintenance fees off on your taxes. They are not tax professionals, nor do they know what your state allows.
- They will tell you that you can go anywhere in the world at anytime by simply exchanging your timeshare. What they do not tell you is that these exchanges are extremely difficult to get and they do cost more money.
- They will get you to believe that this is such a great financial investment that when you go to sell your timeshare you will make money. On average timeshares do not keep 1/10th the value that you purchase them for.
- They will tell you that if you own a timeshare they will either buy yours back or consolidate what you have with a purchase. They will get you to think that you have a false sense of equity in your purchase.
- They will get you to believe that you have to make the purchase that day because of some unbelievable deal that you cannot simply take time to think about. They may have a foreclosure or some type of GREAT deal that just happened to come the day you show up. Note to you all, these are not deals!
- They will get you to believe that you owe it to yourself and that owning a timeshare is some sort of status symbol.
- They will forget to tell you that you have a legal right to cancel and how that process works.
So, the question is, “How do I cancel my timeshare”?
If any of these things have happened to you or you think that you may have been lied to by your timeshare sales rep, simply go to www.timeshareaide.com and request for a free assessment. You can also call 877-350-7899 and speak with one of our professional case analysts.
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