Mexico Timeshare Solutions, Timeshare Exit Team, Sellmytimesharenow,com or any other timeshare cancellation companies will not give you this information.
You can get rid of your Mexican timeshare by the end of the day without any credit or legal issues. GUARANTEED.
In Mexico, foreigners cannot own beach front property unless they obtain a fideicomiso, which is a right to use, not ownership.
Your timeshare or travel club in Mexico is not a right to use because it is a points package which has no value in Mexico or anywhere else on the planet.
If you purchased a timeshare or travel club on a beach front or property or anywhere else in Mexico, you do not own anything, and will not receive a fideicommissa simply because it is not property that you purchased but a simple travel club membership without any guaranteed rights even if it is written in the contract.
If you want to go through the legal hassles of going after the develop, you need to go to Mexico, hire a Mexican lawyer, and good luck with that.
The good news is that you don't have to do any of that.
How Mexico Gets Foreigners To Take A Timeshare Presentation (How you got sucked in)
You planned your Mexico vacation carefully, and when you showed up at the airport, a pleasant Mexican (OPC - off property contact) approached you with an offer you just couldn't refuse. He or she temps you with gifts just to see the resort in case you decide that you want to return there for your future Mexico vacation (or some other made up story). Right.
You took the bait and he picked you up at an agreed upon time and location and takes you to his wonderful resort. He or she is paid about $40.00 because you showed up.
After filling out some qualification papers, you are greeted by a friendly timeshare sales person (or representative) who has breakfast with you, asks you a lot of vacation questions, shows you how the program works, tells you about all the member discounts, romances you with the pool and the beautiful luxury suites that you would be staying in if you decided to become a member.
After spending about 4 hours on your 90 minute presentation, telling them "No" hundreds of times and numerous price reductions and more free gifts, you give in and put down a deposit, sign the paperwork (without reading it) and everybody is happy. Right.
The timeshare sales person made 10%, and the OPC made 1-2% of the sale, plus part of the closing costs which were also used to pay for your FREE gifts. There should be no closing costs for a membership.
Later, when you try to use the timeshare, you discover that it doesn't work the way you were told. Now, you want out and you finally read the contract. But, it's too late. You already gave them your hard earned dollars. At this point, the money that you gave them is gone -forever.
When you buy a timeshare at one of the all-inclusive resorts, you don’t own anything. You are buying air with no guarantees except that you must pay for their overpriced all-inclusive food and beverage on top of your maintenance fees, if there is one. This is usually the same deal that the general public pays without a membership.
Moreover, sales reps would tell the guests that they will receive discounts on airfare and other travel services to justify the costs. This is a lie. They do not get any more discounts than the person who owns nothing. Do the comparison yourself. Make sure you consider the original purchase price and the all inclusive fees, etc. If you can't get in as an owner, you can usually get in through any online website as a non owner for the same or lessor price.
I once heard a top salesperson at the El Cid Resort in Mazatlan, Mexico telling the guests that if they purchase that day, they will pay only $99.00 airfare from the U.S. to Mexico every year for life. Surprisingly, people believed this lie and bought. That timeshare sales agent lives in a beautiful luxury waterfront home with a boat.
One of the new tactics of the mandatory all-inclusive resorts is to inform you that there are no maintenance fees. This is exactly what many timeshare owners are complaining about. This is untrue as all fees are built into the all-inclusive price.
Moreover, there should be no maintenance fees as you are not part owner of the property. It's just a club membership, and surprisingly, most travel clubs do not own the property, but merely rent some of the rooms. They are a completely separate entity from the resort. Read the paperwork.
How to cancel a timeshare in Mexico
The good news is that whether your timeshare is paid in full or not, you can simply walk away. There is nothing they can do legally as it is a foreign country and they should not have your social security number. Even if they do, they DO NOT have any jurisdiction, power, legal access to the credit reporting agencies or courts in the United States as they are a foreign entity. The contract was signed in Mexico. The company is in Mexico. Everything is Mexico, unless of course you signed one of those contracts with The Unlimited Vacation Club which is in Panama. Same thing.
Many Mexican timeshares use a company called Resort.com to collect the payments and fees. This is an American company, but there is nothing they can legally do because you signed the contract in Mexico, the company is in Mexico and the property is in Mexico. If they harass you, let them know that you will be filing a complaint with your state's Attorney General's office.
Kindly write them a letter informing them that you no longer have an interest in the timeshare and you will not be sending them any more funds. There is absolutely nothing that they can do.
Contact your bank or credit card company to cancel your autopay. Some members have reported the need to actually cancel their checking account and open a new one to avoid the auto-draft. That should be a last resort.
Mexico Timeshare Cancellation Companies Use Unnecessary Scare Tactics
There is an online company (Mexican Timeshare Solutions) that promotes solutions to people who own timeshares in Mexico. They call themselves consumer advocates, but in reality are nothing more than scaring consumers into sending them money. This company is providing false information to timeshare owners who want to get rid of their timeshare and are afraid of legal repercussions.
They claim that they can get you to stop making payments on your timeshare while they work out the solutions. Well, I have reviewed their website and found that they are using scare tactics on innocent people. They inform consumers that the collection companies in the U.S. are harassing timeshare owners who purchased timeshare in Mexico. Though this may be true, the Mexican resorts or their representatives have no legal jurisdiction in the U.S. as the timeshare contract was signed out of the country, and the membership is out of the country.
Moreover, NONE of the timeshare sales or marketing staff work for any of the resorts. They work for a separate company called "pay company." Therefore, none of the contracts are even legal s they were not signed by a company representative.
I believe that Mexican Timeshare Solutions partners with the timeshare resorts and is sharing millions of dollars in fees for what timeshare owners can do on their own. Yes, they may boast timeshare owners who thank them for their services, but they do not realize that they have been once again “scammed.”
If Mexican Timeshare Solutions and similar companies can guarantee their clients that they can get them out of their Mexican timeshare, so can you.
THIS BOOK IS ALL YOU NEED TO GET RID OF YOUR MEXICAN TIMESHARE
Getting rid of your Mexican timeshare is a walk in the park. Just understand that you will usually not get any of the funds back that you have already given them.
Everything that you need to know about the timeshare industry in Mexico and in other countries is in this book.
The purchase of this Ebook (Only $19.95) is worth removing the headaches, illnesses, arguments, complaining, and all the money that you may be spending on these timeshare or travel club companies.
If within 30 days you are not completely satisfied with this Ebook, we will gladly refund your money. You have nothing to lose.