Publisher's Synopsis
Today there are more than 9 million timeshare owners. Timeshare is a shadowy industry with a less than honest reputation. This industry claims an 83% satisfaction rate among its owners, but other statistics say the complete opposite. Who's right?
Within the last 8 years, a cottage industry, timeshare exiting, has grown to be a problem, at least within the timeshare industry. So much that the timeshare industry has been fervently trying to eradicate timeshare exit companies by pushing legislation that would outlaw them and investing millions in the filing of lawsuits against them. So why all the fuss?
The book takes an in-depth look at the timeshare exit industry and describes why there's a real possibility of being scammed. But the bigger story is about what drives timeshare owners to seek out a risky and expensive solution?
Timeshare owners have started to experience the ramifications of having made an impulsive, major purchase (the average sales price in 2018 was $22,000) that does not allow the owner to exit, has no real value, and comes with a lifetime obligation of annual maintenance fees.
Many of today's timeshare companies are major corporations, including well-known lodging brands that would prefer to eliminate the timeshare exit industry than make changes to the root causes of a serious problem.
The victim of the current war between timeshare companies and timeshare exit companies is the timeshare owner who has nowhere to turn.
This book is written by an experienced industry insider and reveals many things about both sides that both would prefer not to publicize. It provides full context to why timeshare owners feel stuck "for life" and obligated to pay fees for something that was not sold with transparency. The book also reveals the only possible paths to exit which may be tried without spending $3,500 to $10,000 on exit company fees.
