Are you interested in investing in a timeshare in Mexico? In 2022, many people have decided to invest their money in a timeshare, so their family can spend quality time together on amazing vacations. In addition, these days there are reputable timeshare providers that provide a high-quality product. A timeshare is also known as a vacation club, and it allows their members to prepay for future getaways at a low rate that is locked into place. As a result, members save money over time and love having the guarantee that every getaway will be just perfect. If you are wanting to invest in a vacation club membership, then you might want to know about the rescission period also known as a cooling-off period. This is a short time frame during which timeshare owners can cancel their membership legally. Once that period ends, the contract is legally binding. Keep reading below to learn more about the cooling off period.
Mexico Cooling Off Period
To start with, the cooling off period was designed to give new timeshare owners flexibility in regards to their timeshare purchase. Laws in Mexico were established so new timeshare owners can cancel their timeshare legally without any financial liabilities during a set period of time after the member contract has been signed. The rescission is also known as the cooling off period, and it is usually about five to fourteen days after the contract has been signed. Make sure to check your contract directly to confirm your specific rescission details. Once that time period has passed, the commission will be paid to the sales representative, and the contract is now legally binding. The cooling off period does not apply to any timeshare that has been bought on the resale market.
Cancellation Scams to Beware Of
In addition, new, existing, or prospective timeshare members should know that there are timeshare cancellation companies out there that try to scam timeshare members. These fake companies will tell you they can cancel your timeshare, but as you learned above that cancellation is not possible once the cooling off period has expired. No timeshare can be canceled after that period has passed. However, scammers will lie to you, but it will only cost you a lot of money, stress, and aggravation. The best way to keep yourself safe from cancellation scams is to only work with reputable providers such as Garza Blanca Resorts. They are owned and operated by the TAFER Hotels & Resort who has many years and a good reputation in the timeshare industry. You will risk being scammed when you try to work with any outside company. Keep yourself and your money safe by avoiding all cancellation companies.
Would you like to learn more about investing in a timeshare in Mexico? If so, contact Garza Blanca Resorts. They have run a reputable Residence Club membership that is very exclusive. Members are able to use points in order to make their vacations even better. Plus, they have spacious accommodations, first class amenities, and superior services. At this time, they have three lovely resorts located in some of the top destinations in Mexico, which include Cabo San Lucas, Cancun, and Puerto Vallarta. Owned and operated by the prestigious TAFER Hotels & Resorts, you will never want to cancel your timeshare if you select a reputable provider like Garza Blanca Resorts. Plus, you and your family are guaranteed to have amazing vacations to create memories that will last you forever which is simply priceless. Call today to book an all-inclusive vacation package and pamper your loved ones with a getaway to paradise!