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timeshare cancel service

The Hidden Timeshare Fees You Should be Aware of

Timeshares are a lucrative and popular investment. In the last decade, this type of vacation ownership has become one of the notable revenue streams for resorts across the globe. Average Timeshare occupancy now stands at almost 80%, with onsite guest spending hitting the $3 billion mark.

A Timeshare is a system that commits you to pay annually for trips to various holiday resorts. It is a lifetime commitment commonly referred to as vacation ownership. In practice, timeshares have contracts that divide property ownership between several people. In a Timeshare agreement, parties can use the specific property for a period. You are not, however, allowed to sell it.

Hidden Timeshare Fees You Should Know About

The popularity of timeshares doesn’t mean that they are solid investments. Several loopholes involved make them more expensive than spontaneous travel. For example, the average maintenance cost for timeshares exceeded $1,112 monthly in 2019. Note that you can travel to several top-tier resorts for 12 weeks in a year for a similar amount.

Maintenance costs are not the only expenses. Several hidden costs reduce the ROI (Return on Investment) of timeshares. It is for this reason that a Timeshare cancel service is critical to saving your investment.

Many people ignore phrases in the contracts such as Contract in Perpetuity. While this may not be a fee, it is one of the many financial burdens attached to timeshares. This perpetuity agreement means that your spouse and children are also liable. This obligation makes exiting a Timeshare difficult. You may need the services of a Timeshare cancel service to get out unscathed.

Another hidden cost is the revenue gap fees. Paying members are put in a tight spot when other people fail to pay what they owe. Worse still, even if delinquent owners pay, you don’t get a refund.

Did you know that you pay for upgrades to the property? This hidden cost is known as a special assessment fee, and it caters to changes made to the building. Note that these fees are not part of the annual maintenance fees. You pay extra. Other hidden costs, such as all-inclusive resort charges, will also dent your pocket substantially.

Always read the fine print before you invest in a Timeshare. While it is an exciting prospect, the hidden fees can be monstrous. If you’re looking for a way to get out of your current timeshare, contact us today to learn about our timeshare exit strategy service!

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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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