After being manipulated into buying a timeshare, Phillip and Penny can’t keep up with their maintenance fees. Not only does the couple have a son with a disability, Phillip is starting to have memory lapses, but he can’t retire because of the financial burden that this timeshare causes his family. The following is a written account of how Phillip and Penny were tricked into buying their timeshare. The names of people and companies have been omitted and /or changed due to privacy concerns.
“We did not intend to buy a timeshare. We were on a three-day weekend vacation in exchange for sitting through a 90-minute presentation. We ended up being there for four to six hours. They kept us on the hook by promising what they said was a gift at the end of the presentation. The salesperson was very manipulative and played into my wife’s emotions and her love for family, especially since he knew she had just lost her father to cancer. She guilted us into feeling like we were terrible people if we denied our family this wonderful opportunity.”
Once they were finally able to use their timeshare, they began to notice a few issues with the property. Although most of the facilities were well-kept, they were not open most of the time because they were closed for renovations. Another instance that upset Phillip and Penny was when their son was kicked out of the pool area for “not listening.”
Reflecting on the financial side of the timeshare, the couple remembers the lies they were told in the sales presentation.
“Our fears about purchasing were calmed when they told us we could sell our timeshare. This was the biggest lie we were told. What we didn't realize, is that the resale market is virtually nonexistent. They downplayed the annual fees as fairly stable, and we were told that the fees went up very little from year to year. We were told that the timeshare was a good investment. It is not an investment. It is the worst financial decision I have ever made. Once we were under contract, the next time we traveled we were talked into upgrading to achieve three-star elite status and additional benefits. That was also a scam.”
With each family member suffering from a different type of medical condition, the older couple can’t afford to pay out over $4,000 in annual fees.
After reaching out to us, we were able to start the process of terminating Phillip and Penny’s timeshare. We expect to free them from this financial weight and restore peace to their family.*
If you or someone you know has experienced a similar nightmare to Phillip and Penny, 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 clients’ 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 canceled within the time specified in the WFG Enrollment Agreement).