The day of timeshare is almost done. At this point, it’s almost universally accepted that the “investment” opportunity is a deceptive tactic used by the resorts. If you’re looking to prepay for your hotel or resort for your holidays to the same destination year in and year out and you have money to give-away then maybe timeshare might be for you, but it’s far more likely that a couple of years down the line you’re going to want out. This is the point when you find out how horrendously difficult it is to exit from timeshare contracts.
How to Legally Exit Timeshare
There is now a growing trend of timeshare exit and support services because before now, it was notoriously hard to do. These contracts are ironclad and designed to keep unwitting customers locked into financial obligations that they did not expect and even after they have decided they want out, it’s very difficult for them to cancel, sell, give-away, or exit. The only legal way to exit from timeshare contracts is to have it mutually canceled by both parties and the only way to successfully pursue this outcome is by hiring a professional service like Timeshare Exit Pros who specialize in just that.
The situation is made worse by a growing number of services, and websites who want to kick you down and profit of the naivety and lost hope of those looking to exit from timeshare contracts. Sites are promising to sell your timeshare or rent it out for a small service charge or fee, fakes buyers are offering ridiculous amounts of cash, but the reality is you can’t and shouldn’t sell your timeshare. If you take the time to look you’ll see people trying to give them away or sell them for a $1. When the market goes that low do you think you’re going to make a profit?
Give up on making a Profit, Give up On Recouping Your Losses
The cold hard fact of the matter is this; if you were sold your timeshare as an investment opportunity you have been deceived. It is not the same as investment in property or a holiday home, effectively you own nothing except a deed that holds you legally accountable for monthly mortgage repayments and annual maintenance fees. All a timeshare will do over time is depreciate and become even harder for you to get rid of it. The only fast and legal time to try to exit from timeshare contracts is in the first few days when you can use rescission law to cancel the contract.
Getting Out As Quick As Possible
Companies like Timeshare Exit Pros will work on arranging the quickest way for their clients to legally exit timeshare contracts. They do this by leveraging the law and having the contract canceled or annulled directly from Developer it was taken purchased from. The faster you can cancel your contract, the fewer mortgage payments and maintenance fees you will have paid. This will show you tremendous savings on your timeshare, allowing you to use that money to travel freely without the hassle of yearly fees that continue to rise annually or bi-annually.
Why You Shouldn’t/Can’t Sell a Timeshare
First, as mentioned above, there is no legitimate market for buying timeshares. Just as you want out of yours for whatever reason is behind that decision, nobody wants to buy it for the same reason. You are not offering something of value and nor is there a shortage of other people trying to do the same thing. So even if you could find a legitimate buyer and not get unfortunately roped into yet another scam, you’re going to have to give it away. Anyone selling you a dream of recouping your loss or turning a profit is selling you a lie.
Second, even if you did manage to “sell” your timeshare you are still legally bound to the monthly mortgage payments and maintenance fees. The only way to legally pass off a timeshare contract is with a quitclaim deed and if the new “owner” misses a payment or decides they don’t want to pay in the first place, it reverts right back to you. These timeshare contracts are filled with horrible clauses like this which is why so many people are looking to legally exit timeshare obligations.
Money-Back Satisfaction Guarantee of Safe and Quick Exit
There is no such thing as a hassle-free exit from timeshare contracts, but here at Timeshare Exit Pros, we take on all of that stress so that you don’t have to. We have a specialized and expert team who knows the process of timeshare elimination like the back of their hand and we can guarantee your satisfaction in a swift and safe exit. This is why if we take longer than advertised or fail you in any way we will give you back our consulting fee.
Trying to navigate the minefield of timeshare contract law on your own is not impossible but it would be quite the headache, hiring a lawyer to go to bat for your behalf would be incredibly expensive. Timeshare Exit Pros offers an affordable and safe exit process.
How Can I Get Out Of My Timeshare?
The only legal way to get out of a timeshare is to have it canceled. This is because in most cases selling it will still leave you liable if the new owner cannot or won’t make the necessary payments on it. To have it canceled, you will have to deal directly with the timeshare providers and see what options are available or hire timeshare exit and support services such as Timeshare Exit Pros.
What Is The Average Cost To Get Out Of A Timeshare?
The range of costs offered by timeshare exit and support services ranges from $2,000 to $12000 there is no accepted fee and even with those services, it can take years to actually legally exit timeshare contracts. Here at Timeshare Exit Pros we try to offer an affordable and guaranteed quick exit and believe our services to be the best on the market. Contact us today for a quote.
What Happens To Timeshare When You Die?
It depends on the contract you signed but most timeshare contracts have perpetual clause that legally have the timeshare passed onto your heirs or family members. If it cannot be passed on then whatever assets you have will be used to reclaim the debt. Timeshare contracts are essentially eternal and even if you die with one still hanging over your head it doesn’t end there.
What Happens If I Stop Paying My Timeshare?
If you stop making your obligated payments on the loan or maintenance fees for your timeshare, you will be sued, foreclosed, or handed off to a third-party debt repayment service. The law will, unfortunately, be on the side of the contract and any court proceedings will likely side with the timeshare or loan provider.
What Is The Best Way To Get Rid Of My Timeshare?
The best and only legal way of getting rid of a timeshare is by having it canceled from the hotel, resort, or organization you purchased it from. This can be a difficult and confusing process, which is why companies such as Timeshare Exit Pros have specialized in doing it on behalf of their customers.
Don’t Buy Timeshare and If You Do Read the Small Print Carefully
The best way to make sure you never have to go through the stress and headache of getting rid of your timeshare is to never buy-in in the first place. If you’re reading this because you’re considering a timeshare then please consider the advice of our clients and don’t. We have helped with far too many incredibly disappointed and outraged people who just want to put the entire ordeal behind them.
To legally exit a timeshare if there is a buyback scheme or system set up by those providing the timeshare then look into that first. After this is you are out of the rescission period then you’ll need to hire professional help. If you’re looking to get rid of your timeshare then chat with a member of our team today to find out how we can help you legally exit timeshare and not have to worry about them ever again. Our expert team will walk you through the process and keep you constantly updated with our progress and our money-back guarantee is proof we will get you the result you want as quickly as we can.