Owning a timeshare is often more of a headache than a luxury. Between monthly payments, annual maintenance costs, and unexpected fees, you may be looking for a timeshare exit team to help you get rid of a timeshare.
When you buy a timeshare, you may not be thinking clearly or fully examining all of the ramifications. This is not your fault, it is a calculated move made by the timeshare company. Their sales tactics are based around being borderline deceptive and attempting to exploit your vulnerability.
Their sales tactics start by offering you free incentives just to listen to their presentation. Often they offer you a free two-night stay at a local resort. Or if you are already on vacation they may offer you a free dinner or a show. All you have to do is attend a short timeshare presentation. This may sound like a great idea because you are being offered hundreds of dollars of free stuff in exchange for an hour of your time. The timeshare exit cost and other hidden fees are the last things on your mind.
During the presentation, the timeshare company pulls out all of the stops. There will be free food and perhaps even cocktails or champagne. The environment is designed for you to relax and let your guard down. Attractive, top of the industry salespeople will sell you a timeshare. But they aren’t really selling you a timeshare, they are selling you an ideal, a lifestyle. A life filled with vacation and luxury. You may have bought into a timeshare right then and there.
If not, the timeshare industry has still more up their sleeves. Maybe you don’t want a timeshare right now, that’s ok. But you were probably offered a second free trip to somewhere more exotic like Las Vegas or Miami in exchange for listening to a second timeshare presentation. This presentation is usually more luxurious than the first and many people end up purchasing a timeshare by the end of it.
Once you are home and have owned your timeshare for a few months or years, it is likely that the luster wears off and leaves you wondering how to get rid of a timeshare. For some people, the cost of timeshare ownership is simply too high. With high monthly payments and maintenance costs that increase every year, you may not be able to afford the timeshare a comfortably as you imagined.
Other people realize that the lifestyle they bought into was a sham. Many of the promises made during your timeshare presentation may turn out to be false. For example, you were probably told that your timeshare offered flexibility in destinations and timing of vacations. While this may technically be true, they probably didn’t point out the fine print. The fine print being that prime destinations and times of year will cost you extra points. If you are already maxed out with your budget, you may not be able to afford the additional points needed to get your ideal vacation.
In addition, you may have found that there are many other restrictions on how, when, and where you can use your timeshare. You probably didn’t notice the fine print during the timeshare presentation, or they may have even been added some time after your purchased your timeshare. In the experience of our timeshare exit team, the provisions of a timeshare can and often do change.
If you are stuck in a timeshare that you do not want, you have probably started looking at ways to get rid of it. You have a few options like selling your timeshare. This, however, is probably not going to be your best option. Selling a timeshare is difficult and can cause you to lose a significant amount of money. In addition, you still have to make your monthly payments while you try to find a buyer. Finding a buyer can be a lengthy process if you find one at all.
You can also default on your timeshare. This is not a great option, but it is one. If you default and simply stop making payments, it is the same as defaulting on any other type of debt. Your credit score will take a hit, and you will have years of collections calls harassing you for money. Probably not what you want but like I said, it is technically an option.
A third option that the timeshare company does not want you to find out about is to do a timeshare cancellation. Here at Timeshare Cancel Center we specialize in timeshare cancellations. In fact, we have an entire timeshare exit team whose only job is to get our client’s timeshare cancellations.
When you cancel a timeshare, you get out of your contract free and clear. You can stop making payments, and the timeshare company cannot send you to collections or give you a negative mark on your credit. It basically makes it so that your timeshare never even happened.
If you want to learn more about timeshare cancellation, call our timeshare exit team today for a no obligation consultation. We are here for you.