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Reviews.

11 Holdings

Type:Resales
Rated:
The following information is for educational purposes and is not to be considered professional or legal advice.

The timeshare market has grown and evolved in recent years due to its great popularity for its annual weeks. Families have purchased their timeshares to vacation every year and have an amazing time, but they have become a fraudulent business. Several cases have been found of victims who had a timeshare and were defrauded losing everything. The problem here is why people have wanted to get out of their timeshare and how they want to get out of it. 

11 Holdings is a real estate service company whose purpose is to help with research and advice and promote the integrity, trust, and stability of its clients. It is the union and strategic alliance of a group of companies that share control and common goals. They offer a group of professionals who will assist you in whatever you need, make careful observations, interpret results correctly, and close deals. They can guide you through the different types of inspections and processes depending on the type of property you own. In this case, timeshares are considered properties since you sign a contract granting you the rights of a condominium for a specific time. 

The credibility of 11 Holdings 

This company has been in the market for more than 10 years. It has a very easy-to-navigate website, you can find everything related to services, contacts, history, and tips on how to start the process with them. However, it is well known that to trust an online company, you need to rely on the comments and evaluations of past customers. For this, you must take the time to investigate how legitimate and successful the service they offer is. It is curious how on their website you cannot find evaluations or reviews about their services, this may be the main cause for mistrust. It's hard to find reviews or comments on 11 Holdings. It is not a company that appears in the search engine as the first option, which leads us to think that it is not highly sought after or recognized. 

Doing a thorough investigation, some complaints from clients of 11 Holdings could be found. The most common complaint is the constant calls from 11 Holdings offering to sell their timeshare based on the owner's interest. The timeshare resale market is shallow, so it is not an option that suits anyone, from there we can see the company's lack of interest in its financial stability. You have every right to agree to sell your timeshare, but it is not easy to find a buyer. 11 Holdings has offered to help you find someone interested in your timeshare, but by the time you give up your complete timeshare and personal information, the company has enough information to commit fraud. 

When working with companies of this magnitude, you must be sure that it is a legitimate company. Unfortunately, the number of fraud victims is constantly increasing in the timeshare market. Now that timeshares are a danger, timeshare owners are looking for a way out of them. 

Getting rid of a timeshare is not easy. Many negative points delay the exit of a timeshare, for example, you signed a legal contract at the time of obtaining it. A contract is very difficult to cancel because both parties have to agree. In this case, the resorts do not agree with your cancellation, which is why they offer you only five business days after signing, to cancel your contract without any problem. But if this time runs out, canceling the contract can turn into a nightmare. As mentioned before, selling a timeshare is difficult because it is a very strong economic burden that not everyone is willing to accept. There are also other solutions such as donating or renting your timeshare. These options are also complicated but the most important thing is that the contract is still in your name. 

The best option to get out of a timeshare, without a doubt, will be to cancel it completely. To do this legally, you need to seek help. Do not wait to be contacted by companies like 11 Holdings that pose as legitimate companies and are only dedicated to scamming and deceiving. If there are legitimate companies that have lawyers specialized in canceling timeshare contracts. Seek help from professionals who will give you the security of ending that mistake you made. 

Timeshares are a double-edged sword. Not everything is too good to be true.