In recent years, timeshare cancellation companies have seen a huge uptick in clients trying to get out of their timeshares. According to Linx Legal, timeshare companies have been in business for over 55 years. Over this time, countless people have been misled into entering contracts that they end up not wanting. If you’re looking for a way to have someone else take your timeshare off your hands, here are three strategies you can use.
Gift Your Timeshare To Someone
Giving away something you’ve already paid for may not sound attractive at first, but getting rid of a timeshare can save you a lot of money in the long run. Keeping a timeshare that you no longer want only drains your bank account. If you gift the timeshare to someone, it becomes their responsibility moving forward. While it may not be as reliable of an exit strategy as working with a timeshare cancellation company, gifting your timeshare to someone else may relieve you of your burden quickly.
Give Your Timeshare Back to the Developer
Even if you don’t personally know anyone who wants a timeshare, you may still be able to get rid of it by giving it back to the developer. Some companies will take back your timeshare if you offer it to them for free. This may not seem appealing at first, but you’ll likely find it to be a worthwhile decision in the end. Once again, despite the initial loss of giving up your timeshare, this choice can save you money over time.
Sell Your Timeshare
Selling your timeshare is another option to consider, but be prepared to make a loss on the sale. The timeshare market is saturated, with many resorts offering a variety of timeshare packages. There are few resale opportunities, and selling can be difficult when you’re competing with all the new timeshares flooding the market. Selling can provide you with an out, but don’t expect it to be profitable.
Use A Timeshare Exit Company
Timeshare cancellation companies use insider strategies to help clients get out of timeshares. Getting rid of your timeshare on your own can be a difficult path full of risk, but timeshare companies have the experience and expertise to set you free from the burden of an unwanted timeshare. Call Lonestar Transfer Today to learn more about how we can help you get out of your timeshare once and for all.