It seemed like a great idea, and most of your friends and co-workers were swearing by it. What are we talking about? But getting a Timeshare, of course.
So, you did it. You found what looked like a fantastic property, and you bought it. Except… things didn’t quite go to plan. And, right now, you are finding yourself googling “getting out of a timeshare” at all hours of the day (and night).
Don’t sweat it: we are here to help you. We have not one, but four, great (and totally legal) ways for you to get out of a timeshare as soon as you feel like this is getting to be too much. Read on!
- Take Advantage of the Rescission Period
Did you buy your Timeshare relatively recently? Then, you might still be able to use your rescission period. This is based on a set of laws that allow you to cancel your Timeshare by a certain deadline.
Because these laws change a lot depending on the state, you’ll need to do a bit of research to discover what applies to you.
- Contact Your Timeshare Developer
Another useful way to end your Timeshare is by getting in touch with your developer. Given the huge amount of Timeshare resorts present in the US, your best bet, if you want to know how to get out of a Timeshare, is by asking the developer that manages your property.
Your developer, for example, may allow you to relinquish the deed through a specific program. Or, they might ask you to pay them a lump sum in exchange for your Timeshare.
- Consider Renting Your Timeshare
Have you thought about the possibility to rent out your Timeshare? You could list your timeshare for free on many websites, and make some money from your property.
However, you need to first check whether your property can be legally rented out, as not all Timeshares do. Similarly, bear in mind that renting also comes with its fair share of costs, so this might not be a fully affordable option for some people.
- Choose a Reputable Timeshare Exit Company
Not all timeshare exit companies are legit. Quite a few, in fact, are scams, and you should know how to recognize those. For example, steer clear of companies that ask you to pay a huge upfront fee.
Instead, look for online reviews and ratings, and speak to other people who have successfully exited a Timeshare thanks to one of these companies.
Is Getting Out of a Timeshare Giving You Nightmares? Not Anymore!
Stop frantically searching for “getting out of a timeshare” on Google: we have the answers! With our four tried-and-tested methods, ending your Timeshare ownership becomes a cinch.
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