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how to get out of a timeshare deal

3 Reasons a Family Timeshare Isn’t as Great as it Sounds

Timeshares are vacation homes that you pay to stay in for a certain amount of time each year. They’re not hotels; the time you have in the house is guaranteed in your contract. You can have timeshares that are shared among strangers or shared among family. You might think a timeshare would be a good investment, especially if you’re sharing with family, but timeshares are often not as great as they seem. Here are three reasons to avoid entering a timeshare contract.

It’s Expensive, and Fees Are Rising

A major issue among timeshare owners is that timeshares are expensive. According to RedWeek, the average timeshare costs upwards of $20,040, and in many cases, the yearly fees keep rising. This leaves many people with a major expense that they can’t keep up with, and the problem only tends to get worse with time.

It Won’t Build Equity or Increase in Value

Something to keep in mind is that timeshares aren’t actually owned; they’re long-term rentals. They don’t build value or equity, and in fact, they can drop in value as a building gets older or the surrounding area starts to decline. In this sense, investing in a timeshare can be a huge money sink.

It’s a Huge Commitment

Many people who get timeshares end up regretting their decision later on. This is often due to unrealistic expectations about what owning a timeshare entails. Unfortunately, once a person has committed to a timeshare, it can be difficult for them to escape their contract. If you’re in this situation and want to know how to get out of a timeshare deal, you’ll need to find a company that specializes in exiting timeshares.

If you’ve signed onto a timeshare contract and regret your decision, knowing how to get out of a timeshare deal is essential. If you need to exit a timeshare, let the experts at Lonestar Transfer help you. Our title transfer services can relieve you of the financial liability and obligations of timeshare ownership, releasing you from the burden of your timeshare once and for all. Contact us today to get started.

Why Trust us

Timeshare exit call to action

Our primary service is our title transfer service. This service helps timeshare owners by legally transferring their timeshare property title out of their name. Once the transfer is complete, all financial liability and obligation is removed.

Timeshare owners that still have a mortgage on their timeshare may qualify for our Timeshare mortgage cancellation which is the most successful timeshare exit strategy available. Throughout this process we work directly with you to cancel your timeshare with the resort where you purchased it.

Please call our office today for a free consultation

Every clients situation is unique and therefore the costs vary.

After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

Every clients situation is unique and therefore the costs vary. After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

A recession period is outlined in your timeshare agreement and is usually 3-10 calendar days where you can cancel your timeshare contract. Each state and resort have different guidelines for this, which are outlined in your contract. If you happen to be in your recession time period, you can cancel your timeshare. Be aware that timeshare companies will often make it very difficult to contact them and cancelling often requires filling out paperwork and mailing it in.

If you are in your recession period, act quickly. You can also contact our team for help cancelling your timeshare.

Call our office today

Timeshares are difficult to cancel due to the nature of the contracts that timeshare companies and resorts use. Recession periods are generally very short and difficult to navigate. Writing a letter to cancel your timeshare is often lost or not received by the resort, or that is what they’ll say.

Our team of experts know how to navigate the process and guarantee your freedom from your timeshare.

Call our office today

For more detailed information

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