Vacation Ownership Consultants - Why Wont My Resort Take Back My Timeshare?

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We've Process 1,000's of Complaints by Owners That Ask "How Do I Get Out Of My Timeshare Mortgage or Paid Off Contract?"

We understand that navigating a process to exit your timeshare has been made intentionally difficult by the timeshare companies and can seem impossible. Contact a company that has years of experience and proven methods to assist those who wish to no longer own an unwanted, unsellable timeshare that your resort is refusing to take back.

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After contacting their resort many owner's ask "why won't my resort take back my timeshare?" Owners make the assumption that it would be a no-brainer for their resort to take back their paid off ownership, as they can sell it to someone else. Many owner's soon find out that this is not the case. We wanted to discuss the timeshare's perspective to give owner's an understanding as to why many resorts do not willingly take back your timeshare.

If you are contacting the resort to take back your ownership, then you have probably paid off your mortgage obligation. However, you are likely still bound to maintenance and assessment fees in perpetuity. An owner sees giving back their timeshare as an opportunity for the resort to resale and make a profit (upward voice inflection), in reality the timeshare sees lost guaranteed revenue over the next few decades. If you are paying $1,200 in annual dues and receive a $3000 special assessment fee for a room remodel, that's a $15,000 loss to the resort over the next ten years.

Unfortunately, resorts profit off of their owner's demise. Their customer retention department is nothing more than a well-oiled sales machine. If you have a problem with your ownership, then they have a solution that will cost you more of your hard-earned money. These upgrades are disguised as solutions to your problems and rarely fix the owner's complaint. Owners are also routinely demanded to attend "owner update meetings" which is a misleading practice to make their owners feel obligated to attend another sales presentation with the same high pressure and "today only deal" tactics.

The average purchase price of a timeshare is $20,000, however there is no demand on the resale market. This means majority of timeshares have no value at the point of resale. Timeshare companies do have the ability to sell to unsuspecting buyers by luring them into high pressure sales presentations for an incentive, However, it will cost them thousands for each newly acquired owner. The cost associated with acquiring a new unsuspecting buyer is a deterrent for timeshares to willingly take back your ownership. Also, with the evolution or shift in point memberships being sold, the resorts have the ability to continue selling more points without the need to take back deeded ownership contracts or develop new resorts for added inventory.

If you find yourself owning an unsaleable timeshare that your resort is refusing to take back, contact us today to understand your options. You can find our contact details in the description below.

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