For many of the timeshare owners we help, the ever-increasing management fee liabilities are the main reason for wanting to get out of their contract.
Depending on which company you are with and when you first signed up for your timeshare (especially if that was 10, 15, 20... years ago), the fees probably seemed like token amounts to start with. But timeshare groups/resorts are consistently increasing management fees and the rate of increase has often run at an average of 5-10% per year or more.
This may not seem much year-on-year but, over a long-term contract, the figures can be astonishing.
For example, let's assume your annual fees for 2023 are $600. Based on an average 6% year-on-year increase, working backwards, you would have been paying $335 per year in 2013 and just $187 per year in 2003.
Now, looking ahead based on this same rate of increase, the fees that you/your family are contracted to pay over the next the 30 years would be over $50,280 between now and 2053 - unless you do something about it. The table below illustrates the fee liabilities to which you and your family are likely to be committed over the coming years:
To find out your Timeshare Relinquishment Options please go ahead and complete the short form to the right. It only takes a minute and could save you a lifetime of worry. Alternatively, please call one of our expert advisors now on Toll Free (888) 203 5448