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What Are My Timeshare Exit Options?

Timeshare Exit Options

April 22, 2019 – by Primo Management Group

Timeshare Exit Options

Check out your timeshare exit options below.

Countless people stuck with unwanted timeshares are looking for timeshare exit options. Let’s look at the top three most common timeshare exit options.

Rescission

Rescission is the easiest of all timeshare exit options. Picture this. You’re on vacation having the time of your life and a sales rep approaches you. How would you like to get a free dinner coupon? All you have to do is sit through a quick presentation. You and your partner agree, thinking about that free dinner. During the presentation, the sales rep convinces you that you can keep living this vacation life. Forever! And without thinking things through, you buy a timeshare. But you’re not even finished with your free dinner when you realize you just made a huge mistake.

As soon as you get home, you’re looking for a way out. And you’re in luck! Most timeshares are subject to a right of rescission. This means that either party can cancel the contract for any reason during a brief period of time after the contract has been signed. In most locations, you are required to send a letter of cancellation to the address of the company. Find out more here.

Right after you sign your contract, getting out can be as easy as a letter. Of course, you may run into a few issues. Sometimes the company’s address is not clearly stated in the contract. Other times, the company may bill you even though you have canceled your contract. So it’s vital that you follow up on any cancellation letter and confirm that you are free and clear.

Other Timeshare Exit Options

But what if your rescission period has ended? Do you have any timeshare exit options? Yes, you do. But unfortunately, the options are more complicated and take longer. You can work to sell your timeshare. Of course, you’re unlikely to get out of it what you put into it if you can find a buyer at all. Or you can try to enroll in your timeshare company’s give back program. If they have one. And if you’ve already paid off the purchase price. Oh, and if you’re in good standing with your maintenance fees and special assessments.

Unfortunately, those options don’t work for most unhappy timeshare owners. So that’s when the best timeshare exit option is to get help. Because if you can’t get out any other way, you’re going to have to work with your resort to get them to let you out. And trust us: they don’t want to let you out. If you’re tenacious and have a lot of time to call and query your resort, you can do this on your own.

But if that doesn’t sound like something you want to do or even something you can do, you can work with us! We specialize in helping people like you get out of their unwanted timeshare. And we guarantee our work. Contact us today to see how we can help you get out of your unwanted timeshare.

(Image by Manfred Antranias Zimmer from Pixabay)

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