How To Cancel A Vidanta Timeshare Contract
Stuck paying for a Vidanta timeshare you want out of? You’re not alone. It’s easy to get caught up in a sales pitch when you’re daydreaming of owning a luxurious timeshare in Mexico. And just like you, almost 85% of all timeshare owners realize that what they signed up for is not what they expected.
As life’s realities start to set in, what once felt like a dream can quickly turn into a nightmare. Warm ocean water and sunny weather year-round make a salesperson’s job easy. But what they never seem to explain is what exactly are you signing up for? Always read the fine print no matter how attractive your timeshare may seem! If you didn’t read through your agreement and were pressured into signing up for a Vidanta Timeshare, brace yourself because you may be in for some unpleasant news.
Getting rid of a timeshare can get ugly if you’re not careful. When it comes to timeshares, you just can’t catch a break from the numerous scams and lies in the timeshare industry. The good news is, you’re in luck! Our team has written an in-depth review of Vidanta Resorts and helpful tips on how to cancel a Vidanta contract. So don’t go on wondering if you could have acted sooner. Let this be the year you finally decide to take back control of your life. Fill out the form on the right or initiate a Live Chat with us to help you find the right solution for your timeshare situation.
Vidanta Resorts, also known as Grupo Vidanta, is possibly the leading resort developer in Latin America. For over 45 years, Vidanta has been involved in designing, constructing, financing, and operating hotels, resorts, cruises, and more.
Founded by Daniel Chavez Moran in 1974, Grupo Vidanta’s headquarters are in Nuevo Vallarta, Nayarit, Mexico. Vidanta then began specializing in luxurious hotels, golf courses, real estate, and other entertainment, making them Mexico and Latin America’s leading tourism developer.
Grupo Vidanta offers some of the finest and most exclusive resorts. With locations in Nuevo Vallarta, Acapulco, Cancun, Los Cabos, Mazatlan, and Puerto Peñasco, it makes sense why so many find a Vida Vacations club membership attractive. The question is, why the hidden costs?
Vidanta Resorts Cancellation Policy
You would think a resort developer as large as Grupo Vidanta would have a “buy-back” program. Unfortunately, that does not seem to be the case. If a salesperson promised you that Vidanta could repurchase your timeshare, this is a lie.
Numerous online Vidanta timeshare reviews and complaints mention how many owners were tricked and lied to because they were promised a “Vidanta timeshare buy back” program. Many websites warn about this fraudulent operation; if you don’t believe us, just try searching “Vidanta timeshare scam.” Many complaints mention how the presentations last hours, they’ll even kidnap you at the airport only to bring you to their presentation, and most promises they made were lies.
If you recently purchased a Vidanta timeshare, your best option is to use your right to rescind your contract. Rescission laws allow you to cancel your timeshare contract typically 3-14 days after purchase. In Mexico, most rescission periods last 3-5 days, so you will need to act quickly if this is you! To receive a full refund, you must submit a written cancellation letter mentioning your reason for cancelling.
Other documents or information may be required, and the letter sometimes has to be written in a specific format. Be sure to verify any questions or concerns about the process because there is no time to waste. Anything the resort receives after the rescission period automatically disqualifies you from this option.
Selling Vidanta Timeshares
If you missed your rescission period, you are probably wondering how to sell a Vidanta Timeshare. This is a pretty standard backup plan for owners who did not qualify for rescission. Most try selling Vidanta timeshare weeks, others the entire timeshare itself.
While some Vidanta timeshares do reasonably well on the resale market. Unfortunately, many of them do not. There is no official resale market for timeshares, making them a real pain to get rid of. And there are many reports of Vidanta timeshare resale scams. Numerous owners mention online that they would be bombarded with resale companies’ calls and emails, claiming they can sell their timeshare. Out of desperation, many owners hired the same resale companies to learn they were robbed of all their money.
We can’t stress this enough, selling Vidanta timeshares or any timeshare is not easy. You have to navigate it very carefully, just like any route you take in the timeshare industry. You can also find Vidanta Timeshares listed for $1.00 on ebay.com and craiglist.com.
Vidanta Timeshare Cancellation
So you didn’t qualify for rescission. And we may have ruined your idea of listing your Vidanta timeshare for sale. What’s next? Our team believes the most legitimate way you will cancel a Vidanta Resorts timeshare is by hiring the right people. Hiring a reputable timeshare exit company that works directly with timeshare attorneys is the best option you can take to get out of a Vidanta timeshare.
You signed a legally binding document, which can last throughout your lifetime in some contracts. The best way to get out of a Vidanta contract is legally. Think about it, what’s better than hiring a team full of timeshare experts to work vigorously on your case? An experienced team of experts who have the assistance of qualified timeshare attorneys.
Just because a company poses to work with attorneys does not mean you are safe from an exit scam. You should still avoid anyone who tries to charge you up-front without a guarantee. Unfortunately, there are many scams in the timeshare cancellation industry as well. Our team only recommends exit companies with no up-front fees and offers an escrow payment option, so you stay protected from a timeshare exit scam.
There are various other timeshare exit scams, and we always recommend you be aware and read about them. Our mission is to help you be more aware to protect yourself. Read more about timeshare exit scams.
Can Anyone Cancel their Vidanta Timeshare?
- Yes, you always have options to cancel your timeshare and protect your credit..
How long does it take to cancel a Vidanta timeshare?
- The length depends on the complexity of your situation. Sometimes it may only take a few months to cancel your timeshare
- Other cases it may take up to two years. The determining factors for the length of your cancellation include:
- The number of timeshare contracts you own.
- Whether your timeshare is paid off, or if you still owe a loan balance.
- The length of time you have owned.
When Should I Start the Process to Cancel my Vidanta Timeshare?
- The sooner the better! The longer you wait to cancel, the more fees and debt you’ll still owe on the timeshare.
What is the Rescission Period in Mexico?
- In Mexico, by law you have 5 business days to cancel a timeshare contract. This is a time sensitive window to cancel so the sooner you act, the better.
- This is a federal law that cannot be waived by your timeshare developer. Please be mindful of timeshare salespeople that might try and tell you otherwise.
Can You Sell a Vidanta Timeshare?
- How marketable you wish to your timeshare can affect whether you sell or not.
- Certain factors like owing a balance can affect your eligibility to sell.
What companies will Cancel Vidanta timeshares?
- Our team always says the best timeshare exit companies are the ones that offer a no up-front fee escrow payment option.
- Contact our team today to learn why escrow is the best option to cancel Vidanta timeshares.
How much does it cost to cancel a Vidanta timeshare?
- The cost to cancel a timeshare depends on which timeshare exit company you decide to hire.
- The complexity of your situation is also a determining factor for the cost.
Wesley Financial Group reviews are mixed on multiple platforms. Overall, they are a legitimate timeshare exit company. Due to the recent suspension, we suggest you reach out to us first before working with WFG.
We can say that Wesley Financial Group has numerous positive reviews on Trustpilot and other sites. We would have liked it if WFG had used attorneys in the cancellation process. We don’t believe in paying up-front fees for services you can perform yourself. If you have a timeshare with a mortgage balance and never-ending maintenance fees, we can help you permanently remove this liability.
Read over our website and 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 canceled. There are hundreds of timeshare scams every year; protect yourself from becoming another victim.
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Overall, when it comes to a Vidanta timeshare cancellation, do not worry because you have options. Our team has come across many online reviews mentioning how most Vida Vacations timeshare owners were misled when attending these sales presentation meetings. Although they were a very unpleasant experience, the good news is your misrepresentations can be used to build a strong case in court.
We started this review site to increase your awareness when dealing with timeshare developers and timeshare exit companies. Read over our website, fill out the form on the right, or initiate a Live Chat with us for a free personalized exit consultation. Our team will help connect you with a timeshare exit company with no up-front fees until your timeshare contract is cancelled. There are hundreds of timeshare scams every year. Protect yourself from becoming another victim!