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timeshare exit

Don’t Fall Victim to These Timeshare Exit Scams

After you buy into a timeshare interest and sign on the dotted line, you may find yourself looking for an effective timeshare exit strategy. This can happen for any number of reasons. Perhaps as you have gotten older, you might no longer be willing to keep up with the rising costs, or you may have inherited a timeshare and want to get out of the contract.

In any case, it’s important to familiarize yourself with timeshare exit scams so you don’t fall victim to one. Here’s what you need to know.

Upfront Payments

Timeshare owners seeking a way out of their contract may be approached by a company that offers to help them resell, rent out, or cancel their obligation. However, the catch here is that the timeshare owner will be required to make an upfront payment. For instance, they may be asked to direct deposit or do a wire transfer, so when the timeshare owner realizes they have been scammed, they won’t be able to cancel the payment or get their money back. The company will disappear once they receive the money.

Pressure to Sell

With scammers, the deal always has to go through immediately, so you need to pay them right away. They instill fear in you by telling you the opportunity to get rid of your timeshare will not last, and your children will be saddled with costs they can’t afford. Therefore, just remember that if they are pressuring you to sell, then you’re dealing with a timeshare exit scam. They may be chasing after you now, but once you give them what they want, you won’t ever hear a word from the scammers again.

Which Timeshare Exit Options Are Safe to Consider?

Hopefully, you will keep these timeshare exit scams in mind as you look around for options to get out of your contract. One thing to note is that even if you manage to avoid scams, you will find that the resale market for timeshares is not favorable to sellers.

It’s not uncommon for resale timeshares to sell for half the original price – sometimes, they may even sell for as little as 20 to 30%. The best option for timeshare owners that we regularly recommend to our clients is to bring in a qualified professional that will help them get out of their contractual obligations. Call us, and we work with you to ensure the best outcome throughout the cancellation process.

Why Trust us

Timeshare exit call to action

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

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

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.

Call our office today

For more detailed information

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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.