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How Bad A Deal Are Timeshares Really?

November 30, 2020 //  by Financial Solutions Inc.

How Bad A Deal Are Timeshares Really?
If you’ve ever thought, even just for a moment, your frustrations against your timeshare were out of line; we can promise you they probably weren’t. There’s a reason more than 85% of timeshare owners regret pursuing the investments. In fact, there are numerous reasons. The Federal Trade Commission has even come out to try and warn people about the slippery financial slope that owning a timeshare can be.

No Conclusive Value

Thought you would eventually be able to turn around and sell your timeshare for a profit? Nice try. Most timeshares start depreciating the moment you purchase them thanks to the fact that initial sales costs, presentation expenses, giveaway values, and other incentive expenditures are all included in the amount you agree to pay for your timeshare.

Undisclosed Agendas

Timeshares really do look appealing though; it’s one of the reasons so many fall victim to their trap. If only they didn’t all come with hidden costs and undisclosed agendas designed to confuse and extort buyers. It’s so bad, on average, 95% of new timeshare owners return within as little as just three days to address questions and clarify concerns about the contracts they’ve already signed.

Pesky Price Surges

Though your timeshare could protect you from dreaded vacation inflation? Hardly. With all the expected financial obligations, including annual fees, maintenance costs, and more; and the fact that these amounts can be raised at anytime, just like any traditional hotel or vacation package, there’s even a chance you could end up spending more money on your vacations over time than you would without a timeshare.

Financing Ploys

Thought you could get away with a steal of a deal by financing your timeshare? Try again. You’re more likely to end up in a situation where you have no choice but to use your timeshare as often as you can or else high interest rates and other forced annual expenses will render it effectively worthless.

Debt That Never Ends

As if you couldn’t hate your timeshare any more that you already do, let us just remind you once again that it never goes away. Most timeshare contracts are in perpetuity, which means even if you were to pass away peacefully more than 50 years from now, your children or dependents would still be forced to pick up right where you left off, even as fees and annual costs continue to increase.

Looking for a serious means of escape? Financial Solutions Inc. has your solution. Our game-changing timeshare cancellation services are unlike anything you’ve ever heard of, and best of all, they’re powerfully effective. We will help you get out from under the burdens of your timeshare. All you have to do is give us the chance! Looking to take advantage of our exclusive timeshare cancellation services? Contact us, today.

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