Common Mistakes People Make When Buying a Timeshare

Q: 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 Call Now!

Timeshare Buyer Beware: Common Errors to Watch Out For

Buying a timeshare might seem like the perfect vacation solution. You’ll have a beautiful place to go to every year and you’re guaranteed to pay less money because you’re splitting the cost. Right? While timeshares are a valid option for many people, it is essential that you know what you’re getting into. Otherwise, you might find yourself with unexpected debts and an experience that is nothing like the one you envisioned. You’ll then have to get out of timeshare. When buying a timeshare, make sure you avoid these four common mistakes.

Buying On Impulse

If you go to a timeshare presentation, you might be delighted by the possibilities they put in front of you. Even if you never intended to buy, you might now be tempted to do so. Do not buy a timeshare on impulse. Get out of the presentation and take some time to think it over. This way, you can let the excitement cool as you look into the company. If you buy on impulse, you might find yourself trying to get out of timeshare soon because you regret your purchase.

Not Considering Future Travel Plans

While the idea of a permanent vacation home is appealing, you need to consider whether you’ll use it for all of your trips or if you have other dreams. In 2019, maintenance fees on timeshares averaged $1,112 per month. For that money, you could visit several luxury resorts over 12 weeks each year. Would you rather spend your money on varied travel or would you rather have what is essentially a second home? Consider this question carefully before you decide to buy. Otherwise, you might not have the money for other travel.

Not Doing Your Research

Even if you think it over and decide to buy, you still run the risk of not researching the idea enough. You need to know exactly how the timeshare works and what your responsibilities will be. Read all the fine print and get information from other timeshare owners about their experiences. If you don’t know all of your responsibilities going in, you might end up in a difficult situation where you have to either pay too much money or get out of timeshare.

A timeshare isn’t automatically a bad idea, but it is important that you know what you’re doing when you buy one. Avoid these mistakes as you make your purchase.

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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.