Timeshare Mortgage Cancellation
How to Get Out of a Timeshare?
Are timeshare annual maintenance bills and special assessments piling up on you? For many, owning a timeshare has become a financial nightmare that never seems to end. They’ve tried to sell it, some have tried to give it away, and others have tried to pay others to take it from them, but rarely are able to find a person willing to take on a timeshare and the lifetime financial burden that comes with it.
5 Things People are Told That are Grounds for Timeshare Termination:
You were told you could receive tax benefits when purchasing a timeshare. This tactic is highly illegal and can provide leverage to get out of your timeshare.
They failed to tell you of the mandatory 3 day rescission period. Applies in most states.
Fees and Limitations
They promised you could go to an exchange and redeem vacations all over the world, but failed to tell you about the fees and limitations.
During the presentation or at the end, they refused to give your gift to you if you did not purchase a timeshare.
Fear and Intimidation
The sales staff used fear and intimidation to get you to purchase the timeshare leaving you little room to feel like you could walk away.
How Timeshare Mortgage Cancellation Works
Timeshare owners normally have the right to cancel the timeshare contract within a given period of time depending on their state law. State laws give a minimum number of days for the timeshare mortgage cancellation period. Also, different timeshare contracts may provide for longer timeshare cancellation periods.
If the timeshare cancellation period has expired, don’t worry you may still be able to sell your timeshare rather than cancel the timeshare. In select situations, you may be able to get out of a timeshare contract even if the timeshare cancellation period has expired.
Lonestar Transfer has assisted over 2500 clients in getting out of their timeshare contract, earning them the Rockwall Chamber of Commerce’s “Emerging Business award” as well as Angie’s List “Super Service” Award in 2015. Be Assured that you are in safe hands with Lonestar.
Contact one of our consultants today to receive your free consultation. You’ve got nothing to lose! Besides those horrid timeshare fees…