Exiting a Timeshare Without Incurring More Costs

04/08/2022

Timeshare exit strategy

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Exiting a timeshare can seem impossible, especially if the contracts seem to have you tied down for life. If you’re having trouble exiting or canceling your timeshare, consider calling the professionals, a timeshare exit company for a timeshare exit strategy.

What Is a Timeshare Exit Company?

A timeshare exit company comprises a team of lawyers who specialize in helping you get out of timeshare contracts. There are several reasons why someone would want to exit a timeshare contract such as rising fees, falling value, or lack of flexibility. Timeshares cost about $20000 on average each year. Some people inherit timeshares and are dissatisfied with terms and look for a way out. Whatever your reasons maybe, if you’re looking to exit a timeshare, having professionals develop your timeshare exit strategy will help prevent unpleasant consequences.

Why You Should Use an Experienced Timeshare Exit Company

Often, timeshare contracts offer a rescission period that lets you exit the contract hassle-free. However, if this cancellation period elapses, getting out of the contract yourself can prove difficult. An experienced timeshare company can help you exit the timeshare contracts outside the cancellation period.

Avoid Scams

Choosing an experienced timeshare company will help keep you from crooks. Some timeshare exit companies may resort to unethical practices that could backfire too.

Protect Your Credit Score

To simply stop paying for your timeshares might seem like a valid option, but you risk hurting your credit score. Furthermore, you may face harassment and legal penalties for defaulting. An experienced timeshare exit company can devise a means to get you out of the timeshare contract without causing as much damage to your credit score.

Steps to Cancel Your Timeshare

If you’re still within the rescission period, you can still cancel your timeshare contract by sending a timeshare cancellation letter. The rescission period differs from one location to another, so you’ll have to check your state’s regulations. Once the rescission has passed, exiting your timeshare can prove difficult. Here’s where your experienced timeshare rescission company comes in.

You can start the process by scheduling an appointment with your timeshare exit company to discuss the terms of your timeshare contract. After consultation, you’ll get a quote and your attorney begins communication with the resort to get you out of the timeshare.

What to Look for in a Timeshare Attorney

These tips will help you choose a reliable timeshare attorney.

  • Read reviews
  • Beware of false advertising
  • Beware of upfront payment
  • Review the contract
  • Avoid recommendations to stop paying for your timeshare
  • Ensure the timeshare company is doing the work themselves not outsourcing

If you’re trying to exit your timeshare contract, contact an experienced timeshare attorney to develop an effective timeshare exit strategy. If you’re interested in learning more about how to exit your contract, contact us today.

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