How To Get Out of Those Timeshare Fees

Tips to Reduce or Eliminate Your Timeshare Fees

In theory, timeshares may sound like a great idea when you first invest in them. They allow you to visit a resort (in some cases, multiple resorts of your choosing) whenever you’d like, without having a strict vacation home. There is an element of flexibility to them, as well as the assurance that you can visit places that are maintained by professionals. You don’t have to employ a property manager, and you don’t have to maintain them yourself.

But make no mistake, you will pay for them. A timeshare is paid off much like traditional property is, but unlike traditional property, it doesn’t have much resale value. Additionally, there are maintenance fees that you may not be fully aware of when you first purchase your timeshare. Just the yearly maintenance fee for a timeshare can average at around $786. With that being said, you don’t necessarily need to stick with a timeshare forever just because you’ve invested in one without recognizing the consequences. Fortunately, there are timeshare exit experts that can help you. But what would that process look like?

1. Find Your Timeshare Exit Experts

Once you are out of the recession period, during which you can cancel your timeshare more easily, you will need to find timeshare exit experts to help you. Keep in mind that the great thing about working with timeshare exit experts is that you essentially have a team at your disposal. This means that, unlike when you work with a single attorney, you get multiple people ready to move the process along and answer your questions.

2. Collect Your Contracts

Many timeshares have owners sign multiple contracts when initially signing on. It can be difficult to get out of your timeshare if you don’t have all of your paperwork in order. Discuss what you’ll need with the experts, and prepare to present your paperwork. Each contract will need to be canceled.

3. Be Ready To Invest

Keep in mind that you will need to invest in exiting your timeshare. Typically, the costs for doing so will be around $5,000 to $6,000. While this may be intimidating at first, think about how much you will pay if you keep your timeshare for decades; not just the initial cost, but all of those maintenance fees.

Get out of your timeshare while you can. You’ll be glad you did! Call us today with any questions you have.

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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.