4 Timeshare Mistakes Owners Should Avoid

What Not to Do: 4 Timeshare Mistakes to Watch Out For

Timeshares are more common than you might imagine. Though we have all heard the horror stories about them, they still exist and there are still plenty of people that have to figure out how to get out of them. These four tips will help you avoid making timeshare mistakes.

1 .Impulsive Buying or Going in Without Research

The first and most common mistake is going into a deal blind. If you are now looking to get out of timeshare opportunities, you likely could have seen the red flags if you had done some research. Research is the best way to ensure that you know about the timeshare, know what it is, and know what you do need to do to get into a good timeshare.

2. Overspending

If you are looking to get out of timeshare options you might be overspending. You do need to keep in mind that even if you are not using a timeshare, you still have to pay for it. You need to make sure you pay close attention to the overall cost and make sure you are not overspending when it comes to any timeshare. Over 80% of all people that purchase a timeshare regret it and say they were forced into it or they were intimidated into using it.

3. Forgetting Maintenance Fees

The overall cost of the timeshare when you first enter into it is not the total cost. There are plenty of other fees that are associated with a timeshare that exceed the initial price. You must also remember that you will have to pay maintenance fees for your timeshare. These costs will be split but they can still be significant, especially if you are not prepared for them or you are not keeping them in mind.

4. Not Being Flexible

The name of the game when it comes to timeshare is flexibility. You need to wait your turn in some cases and to work with the other people in the timeshare to find out when you are able to use it. This means that you might not use it anytime you want, and you may not be able to get the dates you want. You need to have some flexibility with a timeshare. When trying to get out of timeshare options, you should always do your research.

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Why Trust us

How does Lonestar Transfer get me out of my timeshare contract?

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

How much does it cost to exit a timeshare?

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.

How long does it take to exit a timeshare?

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.

What if I'm in a Recession Period?

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.

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Why are timeshares difficult to cancel?

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.