How to Get Out of a Timeshare Purchase Before You Spend More Money

Avoid Future Charges: Get Out of Your Timeshare Purchase Now

Wondering how to get out of a timeshare purchase before you spend even more money? It’s understandable since 53% of owners spent over ten thousand dollars on their timeshare. Whether your vacation needs have changed or you’ve just realized that a timeshare wasn’t the best investment for you, it’s not uncommon to want to get out of a timeshare purchase. Here are a few of the options you have for getting rid of your timeshare before you spend any more money.

Deed-Back

One option for getting out of your timeshare purchase is simply deeding the timeshare back to the resort. This is a surprisingly simple, straightforward way to get out of your timeshare, and it’s one that many owners don’t know about. You may have to do some digging and be patient, but the ability to deed a timeshare back to the resort is included in many contracts. If you’re unsure if this is an option for you, carefully read through your timeshare documents and call around if necessary.

Gift It

Another way to get out of a timeshare purchase is to gift it to a friend or family member. This works best when the timeshare is paid off, and you have the ability to pay any legal fees that come up, but it can also be done when there is still a mortgage on the timeshare; it just makes things slightly more complicated.

Rent It Out

If neither of these options work, you may be in it for the long haul. Luckily, many timeshares allow subletting and many are listed on sites like Airbnb for exactly this reason. The incoming rent you can pick up this way can help to offset the costs associated with the timeshare, such as maintenance and general payments.

The Bottom Line

There are a few options for how to get out of a timeshare purchase, but whether or not they work for your current financial situation is another question. Hopefully, your contract simply allows you to deed the timeshare back to the resort since this is an easy option.

Our Latest News

Navigating the Terrain of Timeshare Exit Strategies

Are Timeshares Worth It?

How to Sell a Timeshare That Is Paid Off

Are You Ready to Get Out of Your Timeshare?

Complete the form for your free consultation.

By submitting my phone number and contact information, I consent to receive calls and text messages from Lonestar Transfer and have read and agree to the Terms and Conditions and Privacy Policy. You can opt out by replying STOP at any time.

855-722-3166

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.

Call our office today

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.