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Why You Should Think Hard Before Purchasing a Timeshare

In theory, a timeshare can be quite appealing. When buying a timeshare, you’re purchasing a share of a network of properties, which would give you points or weeks through which you could book stays. This may even sound ideal to those who want to take regular family vacations. Additionally, timeshare salespeople often claim that timeshares are good investments, which you can potentially sell in the future for a profit, or rent out.

In fact, these selling points either don’t hold up at all or pale in comparison to the headaches caused by timeshare rules and regulations. It’s no wonder that people are searching for timeshare exits now more than ever before. Let’s look into some of the main reasons why you should think hard before buying a timeshare.

1. Once You’re In, They’re Hard To Get Out Of

Typically, when you buy a timeshare you will have a short time frame called a rescission period, during which you can rescind your purchase. However, there may be loopholes that keep you locked in on some level sooner than you would think, and once that rescission period is over, it will be difficult for you to get out of your timeshare. About 95% of buyers will return to a sales team and ask further questions about their purchase after it is made. But by the point, you may be looking at time-consuming strategies for timeshare exits.

2. Maintenance Fees Are Expensive

When buying a timeshare, you’re committing to something that is akin to a mortgage in terms of time and money. But, that’s not all you will be paying for. You will also be responsible for expensive maintenance fees which will be added on top of your bill every month.

3. The Value Is Exaggerated

Timeshares have little to no value on the resale market, and you will either break even (at best) or take a loss in most cases. Additionally, renting your timeshare often won’t cover your maintenance fees.

4. Owners Have Limitations

Ultimately, you won’t own any property. Therefore, your developer can place restrictions on what you can book and when, which means that your vacations may be more limited than you thought.

Timeshare exits are possible, but they take a lot of effort. Think hard before you commit!

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?

Complete the form for your free consultation.

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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.