If you’ve been feeling like you’re being too hard on your timeshare, or that perhaps your negative experiences are somehow unique, let us stop you there. The truth is, you’re not alone in these feelings. More than 85% of timeshare owners come to regret their decision to invest, and even the Federal Trade Commission has warned people time and time again to not fall for the idea that timeshares are in any way sound financial investments. The reality is that owners typically lose 90% of their value through the life of a timeshare. Owning a timeshare wastes your money, and subjects you to intimidation tactics that instill distrust in you, leaving you confused and afraid about your future – and that’s not all.
Relentless Price Increases
If you were wooed into thinking your timeshare would be a good idea because hotel and vacation prices are always one the rise, and you’d be protected from the inflation, you were certainly duped. The annual fees, maintenance costs, and other expenses of timeshares increase just as often as anything else, the only difference is with a timeshare you’re already in a contract so you have no choice but to yield.
Told you could get amazing savings by financing for your timeshare? It was another trick! Between the high interest rates you likely suffer, and all the other “normal” expenses that are enforced throughout the year, all it takes is one year of absence to completely wipe out any worth your timeshare may have had, if that.
Debt That Keeps On Giving
Did you know that most timeshare contracts are in “perpetuity?” It means your timeshare, and all of its associated financial burdens, become your child/dependent’s responsibility after your demise. And yes, fees and annual costs will continue to increase as normal despite who the debt falls on, which means if they can’t pay, they’re the one(s) on the hook.
No Tangible Value
Apart from the fact that getting rid of a timeshare is practically impossible without professional help, timeshares also almost never increased in value either. Truth be told, your timeshare actually starts to lose value the moment you sign the dotted line since the cost of all sales fees, giveaways, presentations, and other incentives used to get you to buy in the first place are traditionally tacked onto the amount you agree to pay for your timeshare. So much for “complementary this” and “free that.”
One of the worst things about timeshares is that they’re just so good at looking like great deals. New timeshare owners never see all the secret fees and hidden agendas coming until it’s too late and they’re already trapped – which is why more than 95% of buyers return for additional information within as few as three days of their initial purchase.
Tired of being trapped in your timeshare? Let our financial consultants at Financial Solutions Inc. rescue you with our authentic timeshare cancellation services. It’s not too good to be true, we assure you. Freedom is attainable, all you have to do to get yours is reach out to us today! Looking to take advantage of our exclusive timeshare cancellation services? Contact us, today.