When Eileen purchased a timeshare in the summer of 1993, she had no idea that her annual maintenance fees would increase over 250 percent almost 30 years later. Now, she’s been stranded with a timeshare that has rising hidden fees. Below is a word for word account of the timeshare disaster that Eileen experienced. The names of people and companies have been changed or removed due to privacy reasons.
“Before I bought my timeshare, I was told it was a great investment and I could sell or rent it anytime. When I tried to sell it back, they said they did not do that anymore. I was told I could vacation anywhere and anytime, this was not a true statement. After space banking my week, finding a vacation spot I wanted to go to was impossible, even if I tried to reserve a year in advance. There was no luck. I had to stay with my timeshare.”
Another area that frustrated Eileen was the rising maintenance fee. At the start of every year it was always an inevitable surprise to see how high it had gone up.
“When I purchased my timeshare in 1993, my maintenance fee was $370. This year it was $1,375. I had to join an exchange company, which also charged a yearly fee and an exchange fee starting at $89. So it is now $199.”
Eileen also has medical conditions which have multiple costs involved. Eileen can not afford her medical bills paired with the timeshare that she was misled into buying. It’s proved to be too much of a financial burden for her.
“Health issues have really put a hardship on my partner and I, both financially and physically. Between the two of us, we have had three cancer surgeries, a knee replacement, and a soon-to-be hip replacement. It limits when we can do a vacation.”
Looking back on the day she bought her timeshare, Eileen remembers all the lies she was told at her so-called meeting.
“I was told in the presentation that it was a great investment for my future and they could sell or rent it for me anytime. They kept repeating this throughout the presentation. They pointed out that I could pass it on to my children, not realizing, because it was not mentioned (lie by omission), this would be part of my estate and they would have the burden of paying the maintenance fee each year.”
As she reflects on that now dreadful day, Eileen wishes she could go back and change the past.
“Thinking back on that day many years ago, I feel that I was so stupid by being taken advantage of, misled, betrayed, deceived, if only by omission, of very important information or the rest of the story. I feel like such a fool.”
After trying to go through multiple outlets in order to get their timeshare sold, Eileen saw a commercial for Wesley Financial Group, LLC on TV one night and took action later by calling our offices.
“I think what really sold me was once I heard Mr. McDowell’s story. You can tell how honest he is and how he truly wants to fight for you. It was refreshing.”
After walking her through our process and keeping her informed every step of the way, we were able to terminate Eileen’s timeshare and liberate her of this financial stress.*
“I am ecstatic with all the hard work and communication I had with the professionals of Wesley Financial Group. I was so afraid it would not happen, but I knew I had to keep the faith in these fine professionals. They got it done.”
If you know someone who could potentially use our services, pass along our phone number below. We would be more than happy to see if they qualify for our timeshare termination services.
*Wesley Financial Group, LLC (“WFG”) develops individualized programs for each client, terminates over 98% of their client’s timeshare relationships, and in certain circumstances, obtains a refund of some or all of the timeshare purchase price. Actual results depend on each client’s distinct case and no specific outcome is guaranteed (although WFG does offer a 100% money back guarantee if the timeshare is not cancelled within the time specified in the WFG Enrollment Agreement).