If you find yourself with an unwanted timeshare on your hands, trust us when we say that you’re not alone. Many people find themselves talked into a timeshare without fully understanding what the process of owning a timeshare is like. Owning a timeshare is not like owning traditional property. For one thing, you really don’t own physical property and even when you do have access to a specific unit, the fact is that you don’t actually own that unit. Additionally, timeshares often come with unexpected or poorly explained maintenance fees, on top of the regular monthly payments that you’ll make towards the ownership of the property itself.
There are options. After all, about 84% of all timeshare resorts have some sort of rental program. But even these programs may not be able to sufficiently offset the costs that come with owning a timeshare. If you want out of your timeshare, you may not be able to do so through your timeshare company’s own exit programs. You may be better off working with a reputable timeshare lawyer.
How Can A Timeshare Lawyer Help Me?
The reason why you need to hire a timeshare attorney lies in the fine print. Timeshare ownership contracts are complex, and it can be difficult to understand if you aren’t involved in the industry itself. A timeshare attorney will be able to interpret this for you, and a reputable one will be forthright about what you need to do in order to exit your timeshare contract; or if it might not be the best choice for you at the moment.
If you’re past the rescission period, working with a timeshare lawyer can be one of the only ways in which you can exit your timeshare without damaging your credit.
How Do I Find A Reputable Timeshare Lawyer?
You don’t want to fall prey to false promises again. Make sure that you hire a reputable attorney, who can be trusted. Read reviews before working with an attorney, and be honest during your initial consultation. Additionally, you may want to seek advice from other timeshare owners, who may be able to give recommendations regarding attorneys.
Exiting a timeshare can be a lengthy process. But it often takes more time and money to attempt to do so on your own. You’re much better off with an attorney’s assistance.