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Sapphire Timeshare Cancellation
Sapphire Timeshare Cancellation is a timeshare exit company located in Orlando, Florida. Sapphire Cancellation says they can help get rid of your timeshare mortgage and maintenance fees. The company lives by the saying, “at Sapphire Timeshare Cancellation; we focus on transparency, integrity, efficiency.” However, this statement portrays a lot about them and how they value their customers.
This is why we found it so strange to see they no longer offer an escrow payment option. If you are unfamiliar with Escrow, we suggest you read our article on Escrow in our “Helpful Articles” section. Will Sapphire Timeshare Cancellation do what they say they will do? Are they another scam? If you are looking to work with Sapphire Timeshare Cancellation, we recommend you initiate a Live Chat with us or fill out the form on the right for a free personalized consultation. Our team can help you determine if an exit company is legitimate. We can also help you select the right company for your current situation. Let’s get started.
Who is Sapphire Timeshare Cancellation?
Sapphire Timeshare Cancellation says they are a family-owned business. With their headquarters located Orlando, Florida, the company claims to have over twenty years of consolidated timeshare experience.
In any case, it’s unclear with regards to who’s behind the company or how things run now. The site lists a bio of an attorney, Raymond J. Lucas, and it states he represents the company.
Lucas has been practicing law for over 25 years in Florida, subsequent to acquiring his law degree from Nova Southeastern University in 1995. He was then admitted into the Florida State Bar in 1996.
In the beginning of his career, Lucas oversaw business properties, for example, corner stores and multi-family apartment buildings. He additionally showed others the rudiments of putting money into real estate.
Sapphire Timeshare Cancellation is hasty to bring up that Lucas and his law office address the timeshare cancellation company, not Sapphire’s singular customers.
Sapphire Timeshare Cancellation additionally says it offers a credit assurance program, to keep the FICO ratings of its customers from failing during the cancellation. It contacts the three credit reporting agencies on behalf of their customers. Although, the organization doesn’t give a lot of detail into what it does to protect their customer’s credit score.
Sapphire Timeshare Cancellation Reviews
Sapphire Timeshare Cancellation reviews are positive on multiple platforms. And after carefully reviewing their website, we got a better idea of just how Sapphire Timeshare Cancellation works.
An opening statement from the company says:
“We work closely with attorneys who are experienced in consumer protection law and timeshare relief.”
This statement portrays that Sapphire Timeshare Cancellation legally helps you get out of your timeshare contract. We always advise you to work with a company that uses attorneys, and in this case, Sapphire gets a +1 from our team. Sapphire Timeshare Cancellation works with a Florida native – Raymond J. Lucas. After further investigation, it seems Lucas has won numerous awards and is recognized by the Florida State Bar.
One thing that stands out to our team is Sapphire Timeshare Cancellation is a company that claims they have a fixed fee and do not assess a fee based on the mortgage you owe. This is rare, and we praise Sapphire Timeshare Cancellation for this. Most timeshare exit companies will assess a fee based on how much you still owe on your timeshare. And if you owe a mortgage, then your fee is typically a lot higher.
After reading multiple Sapphire Timeshare Cancellation reviews, we confirmed the company does not spend on any marketing. That the company says, they are a referral-based company. If Sapphire has numerous positive reviews based on customer referrals, then they must be doing something right.
As we have mentioned before, there are tons of timeshare scams in the timeshare industry.
After speaking to a representative at Sapphire Timeshare Cancellation, few things check out. They have a unique “FAQ” page where they answer common questions timeshare owners may have. Sapphire Timeshare Cancellation reviews also state that the Internal Revenue Service (IRS) values timeshares as worthless. Now, this is an accurate statement. If you were to google your timeshare and the value on sites like ebay.com or craigslist.com, you’d be in for some bad news.
Most timeshares are listed for $1, and the ones that are listed higher never sell.
The Sapphire representative we spoke to stated, “even if you sell your timeshare on sites like eBay for the dollar amount, it is the timeshare owner’s responsibility to continue making payments even if the buyer stops paying for the timeshare.” That is ridiculous. Why would you want to pay for something you sold? Unfortunately, timeshare contracts are structured as “quitclaim” deeds. And legal obligations for payments do not transfer over after selling the timeshare!
Sapphire Timeshare Cancellation says it doesn’t transfer, sell, or buy any timeshares. The company relies on the consumer protection laws, the federal collection act, and fair credit reporting to get timeshare owners out of their contracts. Below are examples of their services.
- Protection from Harassment by your Timeshare company
- Complete Contract Cancellation
- Immediate Cancellation of Payments
- Cancellation of Maintenance Fees
- Mortgage Balance Cancellation
- Credit Protection/Correction
From the information provided, we conclude Sapphire Timeshare Cancellation does seem like a reliable timeshare exit company. The company offers a free consultation and a 100% Money-Back Guarantee. However, they did remove their escrow payment option. This means they will now charge up-front fees and therefore we can no longer recommend them.
Below is the process Sapphire Timeshare Cancellation uses to cancel your timeshare contract:
If you’re interested in getting rid of your timeshare contract, fill out a free consultation form on your right or initiate a live chat to determine if Sapphire Timeshare Cancellation is the right company for you.
Sapphire Timeshare Cancellation Cost & Fees
How much will it cost to hire Sapphire Timeshare Cancellation? Everything depends. The company, surprisingly, is transparent with regards to that. While it doesn’t give a scope of charges, it professes to offer “reasonable and calculated costs.”
It puts together its charges with respect to the individual timeshare owners’ circumstance, not on how much an individual may owe on their timeshare contract. It likewise claims to charge a single flat fee and offers a 100% Money-Back Guarantee.
One thing it doesn’t offer anymore is an escrow payment option. When a timeshare owner needs to escape their timeshare, they frequently need some consolation that the organization they work with will truly help them.
Escrow gives that peace of mind. With escrow, a customer’s payment will get saved into a 3rd party account. The timeshare exit company doesn’t receive payment until they follow through on their promise to cancel your timeshare.
Escrow can be more consoling than an unconditional promise for a couple of reasons. If the timeshare organization leaves business before it helps a customer, the client can get their cash back without any problem. Since the leave organization isn’t accountable for the stored installment, it’s more straightforward for a disappointed customer to contend for it back.
To fit the bill for the unconditional promise presented by Sapphire Timeshare Cancellation, a customer needs to meet specific conditions. The organization vows to help clients in the cancelation of a timeshare deed or contract and to secure the client’s credit, if vital.
It vows to give a full discount assuming it doesn’t prevail with regards to doing that. However, there are conditions to the discount. In the first place, the organization has an entire a year to drop the customer’s timeshare contract. Assuming it doesn’t prevail in those initial a year, it can restore the concurrence with the customer without telling the customer.
However, the customer has the privilege to decline the expansion. To do that, they need to send a composed protest, by means of ensured mail, no later than 30 days before the finish of the initial year time frame.
So, it’s up to customers of Sapphire Timeshare Cancellation to always stay on their toes to ensure they get what they need.
After some research, we have concluded the Sapphire Timeshare Cancellation cost can run between $3,000-4,000. Overall, the average cost to cancel your timeshare contract with Sapphire is very reasonable. Regardless, it makes sense to work with a timeshare exit company that offers escrow.
Sapphire Timeshare Cancellation Ratings
Update December 2021: The Sapphire Timeshare Cancellation BBB page has an “A-” with a 4.75/5-star-rating out of 53 customer reviews.
One thing that did stand out is that Sapphire Timeshare Cancellation still has not received accreditation from the Better Business Bureau. The BBB does require a hefty fee to be accredited, but the company has had 3 years to change this.
Sapphire also has a 4.7/5-star rating out of 12 reviews on Facebook, but no Trust pilot or Yelp reviews.
On Google they have a 4.8/5-star rating out of 44 reviews. Sapphire Timeshare Cancellation receives a 3/5-star MyTER Rating from us.
If anything changes with the BBB status, we will update this status as soon as it changes. Below are past reviews from Sapphire Timeshare Cancellation customers:
Frequently Asked Questions
Who owns Sapphire Timeshare Cancellation?
- Sapphire Timeshare Cancellation is a family-owned business, yet they don’t reveal any information about the owner on its website.
Where is Sapphire Timeshare Cancellation Located?
- The organization’s headquarter office is in Orlando, Florida.
What is Sapphire Timeshare Cancellation Online Reputation?
- Sapphire Timeshare Cancellation has an incredible web-based standing. It has midpoints of almost five stars on Google, BBB, and Facebook.
Is Sapphire Timeshare Cancellation a Scam?
- Sapphire Timeshare Cancellation doesn’t have all the earmarks of being a scam. It looks like the business does what it can to assist customers with dropping their timeshares.
Sapphire Timeshare Cancellation does a lot of things right as a company. The company uses attorneys to cancel timeshare contracts, and the company also offers a 100% money-back guarantee.
Sapphire does seem to have a good reputation online, with only a couple of negative reviews. Let’s not forget that several of their positive reviews are mentioned on a few different platforms. If you are looking to cancel your timeshare contract, Sapphire Timeshare Cancellation can be the right choice for you.
Unfortunately, our team cannot recommend them. They do not provide many details about the type of clients they work with, and they no longer offer an escrow payment option, thus meaning they charge up-front fees. Paying an exit company up-front has been the #1 leading cause of a timeshare exit scam.
Read over our website, fill out the form on the right, or contact us through Live Chat for a free personalized consultation. Our team recommends working with trustworthy timeshare exit companies that offer an escrow option, so you pay no up-front fees until your timeshare contract is cancelled.
Saphire does not respond well
The terrible lack of communication from Sapphire Resorts is one of the MANY reasons why my husband and I are trying so hard to get out of our timeshare contract with them! We’ve been trying to get in touch with one of the member services employees, and our calls are never answered or returned. We can’t get an email back from the Director of the resort. UGH. We just want to end this nightmare of a problem, but we can’t seem to find anyone who is willing to actually listen to our concerns and wants to work out a solution. I just don’t understand how a company can get away with treating owners this way. We absolutely deserve to speak with someone.
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