Mexico Timeshare Advocate is very excited and proud to present its new Free E-Report to Cancel Mexico Timeshare to all Mexico Timeshare Owners in need! At this moment, all Mexico Timeshare Buyers who wish to cancel their timeshare contract now have the opportunity to Download The Complete Step-by-Step Guide called, “How To Cancel Your Mexico Timeshare Contract”. This Complete Guide will give you everything needed to know in order to cancel your purchase! Download Your Free E-Report Today! The reasons for cancelation may vary from being a victim of Deceptive Sales Tactics to simply just a change of heart sometimes called intuition. Whatever it is, and whatever you want to call it, it is your Consumer Right as per Profeco (The Mexican Consumer Protection Agency) to cancel should you decide to do so. The First and most important Step is to write your Cancelation Letter (see sample letter) and mail it via courier service to the address stated in the cancelation clause of the contract in order to have proof of date that cancelation was officially effected!
Quick Review Of Some Of The Latest Timeshare Sales “Gimmicks” That May Have Been Used On You!
1)Those Free or Discounted Gifts Could End Up Costing You Bigger $$$ In The End. The Timeshare Resort companies method of marketing to prospective clients is by offering a variety of “goodies” in exchange for attendance to their timeshare “sales pitch”. Whatever the offer, just know that soon you will be in the midst of a high-pressure salesroom that wants your business RIGHT NOW! We recommend so as not to have any regrets, especially while on holiday, DON’T EVER buy a big ticket item without first doing your own research!
2)The Investment Sounds Amazing! We’ll bet you that it is exactly just that…..”Sounds Amazing”! A timeshare purchase is not an investment and is not the same as buying traditional Real Estate. Historically, the majority of timeshare contracts have not seen an increase in price when viewed from the perspective of the global resale timeshare marketplace.
3)Your Monthly Installments Will Only Be This Small Amount! It is a sly tactic to take the focus away from the overall larger sales price figure. It is also used to take the focus away from the larger monthly installment figure printed on the contract, which is the amount that the client will be responsible for paying in the end. Unfortunately, some salespersons present an annual rental return and/or a tax return that when taken into account reduces the monthly installment amount that is printed on the contract. It is also widely presented that the proceeds derived from the sale of an existing timeshare can be used to pay down the principal owed on the new contract. Keep in mind that in the above examples the actual performance of the weeks being rented or the timeshare being resold is not guaranteed by the resort company. What is GUARANTEED is that the resort company will want you to pay the full price stated on your signed contract as per the agreed upon terms and conditions!
4)This Amazing Offer Is Only Good For Today! Let’s face it…nobody likes to miss out on a good deal. In fact, my best friend’s mom was such a shopper that multiple clothing stores would personally alert her to the “amazing deals” available with most new shipments that arrived to the stores. It is simply a good ol’ fashioned marketing tool that has probably worked for ages! The obvious psychology is that the resort company knows they truly only have one real opportunity to earn your business while you are on holiday. Who knows what you may do and/or meet tomorrow! Heck, you may see a timeshare resort you like more tomorrow than the one being shown to you today, and it may even be at a lower price!
5)The Annual Maintenance Fee Is Less Than The Cost Of Renting Hotel Accommodations!
To be sure that such statement is indeed true, it is necessary to add up all the costs of purchasing the timeshare AND all the costs of annually maintaining the timeshare including the exchange company membership. Take the total cost of timeshare purchase and divide it by the number of years that you REALISTICALLY feel the timeshare will be used. Now take that number and add it to the annual costs of maintaining in order to get the REAL annual cost. Now that you have the real cost, it is time to price flights separately to the destination. Keep in mind that airfare will now be purchased separately. Take the new airfare quote plus the real cost of maintaining and compare that to the traditional package price of the same or similar class resort to see what is better for your pocket.
6)You Need To Upgrade To Get All The New Benefits! Heck, what timeshare business if it could would not look to reload or upgrade its clients….Not a one, all resorts if able, look to do more business with all their client database. That is not the problem. The problem is what is told to the existing member in order to persuade them to spend more money. We recommend existing owners to not be persuaded by any “Scare Tactics” or deceptive sales presentations given by the salespersons. We only recommend upgrades if a client wishes to own a larger size unit, add more weeks to the usage portfolio, and/or increase the level of luxury that is currently owned. Upgrades that simply give add more benefits are not for every client since most benefits available for the 7/8 stay go unused by the end of the week and are thus wasted in the end. We recommend at least analyzing the cost of paying the extra money as you go for these so called extra benefits to see if they are truly worth it to spend an additional upfront sum of money to upgrade. Keep in mind as well, that after upgrade is made and paid for that in most cases the maintenance fee will increase as well so as to include the cost of the newly added benefits.
What’s The Most Popular Sales “Gimmicks” Being Used Today In The Salesroom?
The most popular “sales tricks” being used today by some salespeople in the Mexico Timeshare Industry are the following:
1)Forcing The Client To Waive His/Her Right To Cancel. This gimmick has been around for awhile but has recently resurfaced on a grand scale. Article 56 of the Mexican Consumer Protection Law clearly gives all buyers 5 business days to cancel their purchase without any recourse.
2)Forcing The Client To Forfeit His/Her Deposit Upon Cancellation. This has become the LATEST sales gimmick that has gained much traction as of late. This ploy has become quite popular due to the fact that most credit card companies are now only interested in what the terms and conditions of the signed agreement were and if the CARDHOLER signed on the dotted line. If the cardholder signed then most upset buyers are being told that there is nothing that can be done for them. Most cardholders respond by saying, but Mexican Consumer Law states that no buyer should be penalized if cancelling within the 5 day period. But, as of late, that response has not conjured up much sympathy for the Mexico Timeshare Buyer caught in the middle of a timeshare scam. The game of these particular timeshare resorts IS THE DOWNPAYMENT, since they will allow the buyer to cancel BUT the buyer must walk away from their hard-earned money! Many buyers fall for this scam due to being in a foreign country and hence, tend to worry more about their physical security than if they were in their own country. Many buyers say in their own mind, I don’t want to upset anyone for fear that the situation may escalate! And, if the situation escalates, who can I trust? So, in many cases the buyers decide not to inform anyone of what occurred to them. Buyers should not despair, but ratherReach Out For Sincere Help since options at times do exist that may help to better the situation.
3)Presenting Amazing Rental Opportunities. The rental presentation always seems to make its way to the top. It’s no surprise since money is harder to come by for most and the bills keep increasing. The rental presentation either serves to allay fears of not having enough money to afford the timeshare purchase or the “better lifestyle” or it plays on human greed for the potential to make even more money. An example of the two methods would be the following:
- How would you feel Mr. & Mrs. Client if all you had to do was come up with the down payment to afford this beautiful suite, since the monthly amounts will be covered by the rental proceeds?
- How would you feel Mr. & Mrs. Client if after buying this package all future vacations would be FREE since they would be paid for by the rental receipts?
4)Presenting The Opportunity To Resell An Existing Timeshare. This gimmick has been the catalyst for many timeshare owners to buy another timeshare contract that they otherwise may not be interested in purchasing. Most of these clients have attempted to resell an existing timeshare but have not been successful. In many cases these clients have paid upfront monies to another firm to promote and sell the timeshare. Since the attempt was not successful and the maintenance fees keep coming most buyers feel that they will never get rid of that unwanted timeshare. So, when the closer offers to buy the unwanted timeshare for more money than the client paid for it years ago, it becomes a very appealing proposition AND many clients end up buying after saying they would never buy another timeshare again! Unfortunately, this proposition does not always pan out as the salesperson explained. As you see online, many timeshare owners are later told that the property they own can no longer be traded in due to various reasons so they end up being stuck with two timeshares now! The other side of the scam is that a BROKER will sell the timeshare and that a buyer is already in the wings waiting. So, it’s not a question of the need for the timeshare property to be resold since a buyer is already in the wings! Most timeshare owners discover that after paying the upfront service fee that the BUYER IN THE WINGS has flown the nest! And, so has the person who took the upfront service fee!
The Immediate Checklist For A Standard 5 Day Cancellation is the following:
1)Find Cancelation Clause in Contract and follow the directions. If contract does not have cancelation clause then search for corporate office or Customer Service address. If staying on resort property head to Customer Service office.
2)Write Cancelation Letter(click on link to see sample) and mail to the address stated in Cancelation Clause via courier service and Be Sure to save receipt for PROOF of date letter was sent.
3)Contact Profeco For Standard Cancellation and alert them of the intent to Cancel Mexico Timeshare purchase.
4)Follow-Up Cancelation Request to get confirmation that it was received and that reimbursement will be made within 15 days as per Consumer Law.
5)Download Complete Step-by-Step Guide E-Report for all the details. Remember…it’s all in the details at the end of the day!
What Are The Limitations Of Profeco And How Does That Affect The Mexico Timeshare Buyer ?
For the standard 5 day cancellation, Profeco can provide the buyer with a standard cancellation letter that the buyer will show or send to the timeshare resort. In which case, most resorts will process the refund owed within 15 days. Profeco can also assist clients who discover beyond the 5 day period that their consumer rights were indeed abused and assist them in cancelling the contract. BUT, CAN PROFECO RECOVER YOUR DOWNPAYMENT? Most clients ask! Well, Profeco has the “power” to make a judgement in the timeshare owner’s favor but DOES NOT have the power to enforce judgement. So without legal force, the timeshare resort can continue to act on deaf ears and stonewall the timeshare owner leaving the contract in limbo. There have been instances where the communication has ceased for two years and then the timeshare owner receives a mailing from a debt collector threatening the hard earned perfect credit score. Or even worse, a couple years later upon attempting to make a large purchase comes to find out by surprise that the timeshare saga has returned and is smack dab and center on their credit report showing a delinquency which for certain leads to embarrassment, anger, and bewilderment.
List of Profeco’s Limitations?
First off, is the inability to enforce resolution of the judgement. Second, is the statue of limitations is only one year. Mexico Timeshare resorts, commonly take away the first 12 months of usage either by discounting the price via the rental of the timeshare weeks or by simply telling the client that in order to get the amazing price being offered at that moment, the only drawback is that the client cannot make use of his/her first reservation until 12 months later. Many clients do not understand the angle being played so they go for the bait since most families/couples take their big annual vacation pretty much the same time every year. So in their own mind they will not be traveling like they are at that particular moment until pretty much the same time the following year! This is important since many clients do not discover the deceit or timeshare scam until a year later, but then Profeco can no longer offer assistance. Third, is the fact that upon making a claim with Profeco the only items and documents that are valid are the ones in writing. Remember, verbal promises don’t count! Even more, most Mexico timeshare contracts now have a clause stating that the no other promises were offered other than the offers made in the written contract. In the end, more clients than would be imagined simply decide to pay off the contract, not knowing that options do indeed exist for them. Don’t Despair, help is on the way!
Solutions Do Exist For The Timeshare Owner Who Has Been Defrauded!
In spite of the sincere intentions of Profeco, when dealing with a timeshare resort that is practicing underhanded business methods their ability to Fully Assist Mexico Timeshare Buyers who have been defrauded is extremely limited since the deck is stacked! If you or somebody you know has discovered that they have been scammed and/or their consumer rights abused, do not despair. Simply, contact us via phone and/or email and a qualified agent will provide a Free Consultation designed to inform you of your available options. Mexico Timeshare Advocate works hard in assisting clients hold the timeshare resorts responsible for their salesperson’s acts and deeds. In doing so we help to officially Cancel The Timeshare Contract and any future obligations as well as retrieve your hard-earned monies paid to the timeshare resort so that they get re-deposited back to your pocket where they belong!
Unfortunately, most buyers are unaware of the Mexican Timeshare Cancelation Process so they end up paying for a product they truly do not want. What makes matters even worse is that many of these clients did indeed ask to rescind their contract but were told mistruths in order to dissuade them from actually cancelling. This whole experience leads to feelings of anxiety and overall mistrust towards our fellow man/woman. It also loses business for Mexico tourism since many clients decide not to return. In the end both customer and country lose out but strangely enough the timeshare resort still makes out!
Hopefully, after Downloading the Step-by-Step Complete E-Report it will give consumers once and for all the needed tools in order to Cancel their Mexico Timeshare Contract if they deservedly choose to do so! We look forward to you M.T.A bloggers sharing this valuable resource with the global timeshare community. This step-by-step exclusive report will also serve future potential buyers who travel to Mexico in the years to come and decide on purchasing a timeshare contract. If you like this Free E-Report and think it truly has value to serve and help others then share it on Facebook and Twitter, as well as amongst friends and family! Oh, I almost forgot to give you a link to Download a copy for yourself! Simply, Click on the Following Link: Download Your Free Complete E-Report How To Cancel Your Mexico Timeshare!
The reason why Mexico Timeshare Advocate was established was to help Mexico Timeshare Owners who have been misled, deceived, and/or have had their Mexican Consumer Rights abused by dishonest salespersons. The majority of timeshare sales are made while individuals and/or families have been on vacation. Those persons have paid good money to visit and spread around even more money in the local economy. The last thing that should occur is to be taken by a salesperson who is not being honest!
What About Illegitimate Timeshare Advocate Companies In The Industry, Who Should Be Trusted?
For sure illegitimate companies exist in every industry. BUT at the same token, honest companies exist as well. The key is to be able to tell the difference between the two. The key is to find the company who will treat YOU RIGHT! In order to separate ourselves from the rest, Mexico Timeshare Advocate does not require any upfront fees to be paid nor any credit card information to be shared in order for work to begin. Mexico Timeshare Advocate is a performance based outfit. Simply put, “If we do not perform, the client is not out of pocket one cent”! Call Today For Your Free Consultation! You have nothing to lose, and everything to gain!