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3 Timeshare Exit Myths Debunked

We have all heard the horror stories that come with timeshares. These vacation sharing systems allow those that are part of them to pay a portion of the cost of a property so that they can then use it at different times of year. These timeshares are not a terrible thing, but we have all heard of the terrible things that happen when you try to get out of a timeshare and here are three myths that are simply not true.

Timeshares Are a One Time Cost

Timeshares are a continuing cost. This means that you are going to pay your initial fees, then you pay yearly fees, maintenance fees, and more. It is always important to take the time to find the right timeshare documentation so that you can keep track of the fees that you are going to be expected to pay and when you are going to need to pay them.

There is No Way to Exit

Another myth that you are going to have to deal with is that some people feel there is no way to get out of a timeshare. Though you are going to see in your timeshare documentation the time frame that you are required to stay in the contract, you can get out of it. You can exit your timeshare with the help of a timeshare exit attorney and start to recover from the money spent on the timeshare.

You Are Going to Lose A Ton of Money

Though you might lose some money, you are not going to lose all your money or be in huge debt if you are trying to exit a timeshare. For timeshare loans, the typical loan term is about 103 months and the interest rates can be as high as 13.8%. You may lose some money getting out of a timeshare contract, but if you really want to get out, you should not let the potential of losing money keep you from finding the right options for timeshare exit and the right lawyers.

Timeshares are not all bad, some people are very happy with their timeshares. Knowing how to get out of a timeshare or what options are out there can make a huge difference. With any timeshare, it is also important to keep track of all your timeshare documentation, so you can get out when you want.

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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

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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

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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.

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