Are you looking to get rid of timeshare? Stuck with payments that are too high? Tired of owning something you don’t use? If these are questions you are wondering about, read on to learn the top three things you absolutely have to do if you want to get out of your timeshare, for good.
It is an unfortunate truth, it is easy to buy a timeshare, but it is much more difficult to figure out a way to get rid of timeshare. When you buy a timeshare, you are often literally in vacation mode. You are relaxed and trying to seize the most out of life.
That’s when they hit you, they ask you to attend a short vacation club presentation. You agree. And at that point, you have basically bought your very own timeshare.
You quickly begin to realize that you were not sold something real. Instead you were sold a fantasy. The idea of a perfect life, filled with luxury and endless vacations. However, when you get back to reality, you begin to have doubts and regrets.
You find out that your timeshare is not everything you were promised and you are not able to use it as much as you thought you would. Maybe your first choice destinations are always booked, or maybe they charge premium booking fees that you can’t afford.
You may also discover that your timeshare is more expensive than you imagined it would be. When our timeshare exit team reviews timeshare contract, we find this is the case for many, many timeshare buyers. Annual maintenance fees that increase each year coupled with rising interest rates have made your timeshare too expensive.
Maybe you figure out that you just don’t want to own a timeshare. It is not what you thought it would be and you need to get rid of timeshare.
Whatever your reason for wanting to get rid of your timeshare, there are three things you need to do that are absolutely essential if you want to offload your timeshare.
The first thing you need to do is to figure out the market value of your timeshare. If you bought an expensive timeshare in a high demand location like Hawaii, you might be surprised at the value of your timeshare. In this situation, it may make sense to do a timeshare resale because you might be able to make some money on your timeshare.
If you find yourself in the fortunate position of your timeshare gaining equity, you are going to want to contact a realtor who specializes in timeshare sales. They can guide you through the process of selling your timeshare.
If you find that your timeshare has not gained equity since you bought it, you are not alone. In fact, the majority of timeshares lose value as soon as they are purchased. You may find that not only is your timeshare worth less than when you bought it, it is actually worth less than what you owe on it.
If this is the case, the second thing you need to do is to figure out if you know anyone who wants your timeshare. In some cases, you may be able to donate the timeshare to a friend or family member. You may also want to see if there are any local charities who take timeshare donations.
If you can find a charity to donate your timeshare to, you can usually write it off on your taxes. However, make sure to take extra precautions to ensure you choose a legitimate charity. And, always consult a tax professional before making your donation.
In many cases though, you will find that a timeshare donation simply does not make financial sense. In this case, the third, and the most important thing you need to do is to contact our timeshare exit team.
They specialize in timeshare cancellation, and they can get you out of your timeshare contract. In many cases, they can even help you get some or all of your money back. I’ve even heard reports of them getting people refunds from the timeshare company.
Call them today to get rid of timeshare and get your life back.
5036 Dr. Phillips Blvd. #221