Do you own a timeshare in Mexico at Garza Blanca? If you do, it is very important to stay on top of your regular payments. When you join a vacation club, you sign a membership contract that details how much you have to pay and when. If you don’t follow through with your financial obligations, negative consequences will occur. Not only will you not be able to use your amazing Garza Blanca vacation unit to spend quality time with loved ones, you could also have long term financial issues. Remember, the point of becoming a timeshare owner is to prioritize quality moments with the ones you care about most. Don’t let anything get in your way of making your payments so you can have the comfortable space you deserve for your downtime. Keep reading below about why you shouldn’t default on your Mexican timeshare at Garza Blanca!
Don’t Default on Your Mexican Timeshare!
When you buy a Mexican timeshare, you are making a financial agreement that is legally binding. If a timeshare owner does not fulfill their contract responsibilities, they won’t be able to use their vacation unit. Remember, people decide to buy a timeshare in order to enjoy wonderful getaways with friends and family. By defaulting on your payments, you could miss out on those precious moments and various fees will be charged to your account, too. Once a member begins to miss making their payments, they won’t be able to use the vacation unit. In addition, the majority of timeshare providers like Garza Blanca also charge a reinstatement fee, too. Credit scores are negatively affected which could cause you trouble down the road if you need credit to make a large purchase like buying a car or a home. Before your default on your Mexican timeshare, do your best to work out a budget to be responsible. It isn’t worth the stress and financial consequences.
Pay Your Maintenance Fees
In addition to regular dues, it is important that timeshare members pay their maintenance fees, too. Maintenance fees are a crucial part of the upkeep of the resort, common areas and your vacation unit. Failure to pay your maintenance fees means there will not be enough money to make sure that everything is well taken care of. Members should know that deeded timeshares are a real estate property in which the buyer obtains a deed. As a result, maintenance fees are considered part of the purchase contract. Failure to pay the maintenance fees could result in the resorthaving to foreclose on the vacation unit. They could even end up selling it at auction to recover money owed if a member does not become current with their late payments. In fact, timeshare owners that don’t pay their maintenance fees could even face a judicial or non-judicial foreclosure.
Avoid Cancellation Company Scams
Another reason to always make your timeshare epayments is that many owners end up getting scammed when they stop paying. What happens is that fraudulent cancellation companies go after existing timeshare owners in hopes of convincing them to use their illegitimate services. The cancellation companies will lie and say they can help owners cancel their timeshare which is not true. All timeshares can only be cancelled during the cooling off period that occurs in the few days after a new membership contract is signed. When a timeshare owner is having trouble making their timeshare payments, fraudulent cancellation companies will swoop in and try to make a fast buck. They cannot legally help. However, they happily charge the scam victim an upfront fee and quickly disappear into thin air. Only work with your existing provider. There is a chance they can offer you a payment plan that will fit your budget during challenging times.
The past year has shown us that life comes with many challenges and unexpected surprises. However, there is a lot of value in owning a Mexican timeshare. When you choose a reputable provider like Garza Blanca, you will never want to lose the chance to vacation at their incredible properties. Life is made up of small parts and some of the most memorable moments are spent on vacation with our friends and family. Don’t run the risk of losing access to all the incredible accommodations, amenities and services at your timeshare in Mexico. Remember, Garza Blanca timeshare ownership is a top choice for quality vacations. They have amazing properties in the top destinations in Mexico. Your family will thank you for making the investment in your family’s future by joining. Work on your budget and don’t’ default on your Mexican timeshare. Instead, work out a budget so you can always enjoy amazing getaways with your loved ones.
