If you need to know how
to get rid of a timeshare, read on to find a step by step guide
to unloading a timeshare that you no longer want. Whether you want to try to
sell, donate, or cancel your timeshare, having the right game plan is
imperative to get rid of your timeshare successfully.
In the glow of a vacation
moment, buying a timeshare sounded like a fantastic idea. That way you can come
back year after year and relive this glorious vacation. For a few years, you did,
and you loved your timeshare. It seemed like a wonderful investment in your
happiness.
However, things change, and
you may find that you no longer want your timeshare. When a timeshare is no
longer a viable investment, you may find yourself wondering how
to get rid of a timeshare. Once you begin researching this
process, you may conclude that getting rid of an unwanted timeshare is much more
complicated than purchasing it was.
Your first thought might be
to sell your timeshare. To determine if a timeshare sale is a good idea, you
need to consider a few different factors.
1.
Is your timeshare marketable? This is based on
the location of your timeshare. A timeshare at a resort in Hawaii is going to
be easier to sell than one that is located
in Ohio or even Scottsdale.
2.
How much is your timeshare worth? Often a
timeshare will sit unsold because the seller values it too highly. Most
timeshares sell for a fraction of the original cost. While it is true that desirable
locations can sell for upwards of $100,000, most timeshares sell for about $3,000
to $7,000. If you bought your timeshare for upwards of $30,000, be prepared to
lose a significant amount of money. In fact, you may still owe the resort money
once you have sold your timeshare.
3.
Talk with a real estate agent. This will give you an idea of how to
aggressively market your timeshare and what types of fees you can expect to
have to pay.
If after talking to a real estate agent and critically
examining your timeshare you have decided that a timeshare sale is not the
answer to how
to get rid of a timeshare, you have other options. One would be
to try to rent your timeshare. The rental market is a bit more robust than the
retail market. However, keep in mind that for some resorts and timeshares,
there is simply no demand so they may be difficult to rent.
You can also default on your timeshare contract. While this
is far from ideal, it is an option. However,
if you do so, expect there to be consequences. An unpaid timeshare will go into
foreclosure and negatively impact your credit score. It can seriously
jeopardize your chances to obtain future financing and credit opportunities.
If none of these options sound appealing, you may want to
look into timeshare cancellation. When you call the timeshare company, they will tell you that it is not
possible to cancel a timeshare contract. This is a myth. A timeshare
cancellation can be difficult, but it is entirely
possible.
Here at Timeshare Cancel Center,
we have a dedicated timeshare exit team that specializes
in timeshare cancellation. We can get rid of your timeshare without negatively
impacting your credit score or sending the timeshare into foreclosure. We can
get you the timeshare cancellation that you need even if you are outside of
your rescission period.
Call us for a complimentary timeshare exit team cost analysis. We
will review your timeshare contract to determine the best next steps and create
an action plan to get rid of your timeshare. You will have all the information
about our fees upfront so you can decide what you want to do. We are committed
to our customers and ethical business practices. We are not a timeshare resale
scam, we are the real deal.
We will get you the timeshare cancellation that you need. Stop
paying high monthly payments and increasing annual maintenance fees. Call us
today to get rid of your unwanted timeshare and get your vacation back!
We are here for you twenty-four hours a day, seven days a
week, three hundred and sixty-five days a year.
For More Information About Timeshare Cancellation
Talk With Our Timeshare Exit Team Or Logon To Our Website:
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