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What You Should Really Know About Timeshare Maintenance Fees

Although people may see the advantages of a timeshare, no one talks about the fees incurred while owning one. According to Timeshare industry facts, the yearly maintenance fee alone averages about $786. If you’re thinking about purchasing a timeshare, you should consider these negative impacts.

Maintenance Fees

Timeshare maintenance fees are the fees you pay to keep your timeshare property in good shape. The timeshare management company will collect the money every year to ensure that your lawn is mowed, the pool is cleaned, the general house maintenance is checked on and the insurance of the property is paid accordingly.

Rising Costs

Every year the maintenance fees increase and considering that you visit this place once a year then you are left with questions like “is it worth it?” you might need to consider getting a timeshare exit plan together when it comes to this. Timeshares seem enticing at the beginning but when you do the calculations on the increase in fees every year you will consider looking for timeshare exits.

Paying

Remember once you are in a timeshare then you have to pay the fee whether you use the property or not. Some of these properties are in places you do not wanna visit again but because you are registered with a timeshare company you have to pay anyhow. the maintenance fees get subsidized during the sales process and when the homeowners start handling the fees then they can get surprisingly high.

Debts

Once you stop paying for the maintenance fees, then this becomes a debt, and just like any other debt, you have to pay. The timeshare company might forward your details to the collections company which will then have to collect the money from you by all means. This could also lead to legal action against you.

The only way to not pay for these fees and the extra costs that comes with being in a timeshare maintenance company is by exiting. If you’re looking to exit your timeshare, contact Lonestar Transfer today. We are more than happy to assist you!

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

Are You Ready to Get Out of Your Timeshare?

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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.