How do I cancel my Timeshare?

 Oct, 18 - 2018   no comments   Timeshare Advice

How to cancel a timeshare contract

If you could only say “Please cancel my timeshare” and be done with it that would be an awesome thing!

There are so many things in day to day living that we can cancel or unsubscribe to.

I’ve cancelled more than a few fitness center or gym memberships. Even though it wasn’t easy I usually figured out a way to get it done without costing me more money.

Cancelling ITunes subscriptions? I have to do it all the time. Especially when one of my children get my phone and sign me up for all sorts of crazy things!

Cancel a doctor’s appointment? Sure. You just have to do it before it is too late and you get charged a “no show” fee.

Ever cancel your plane ticket? If you have, you probably wished you had purchased insurance on the flight when you paid for it.

How do I cancel my timeshare?

But cancel a timeshare? The only situation that term could work is if you cancel your agreement within the rescission period. That is usually the first few days right after you bought the timeshare. If the rescission period has passed they will not let you simply cancel the purchase contract. Unscrupulous sales people will intentionally fail to mention the rescission period so they don’t lose their sale if you change your mind.

The timeshare resort sales staff is required by law to inform you about the rescission period but the length of that period varies from state to state, and in other countries as well.

A number of timeshare cancellation companies have sprung up in the last few years. They guarantee you will be out of the timeshare contract but you will have to pay several thousand dollars in fees to get it done. What that sort of company will typically do is send a letter to the timeshare resort that you were misled or lied to when you bought the timeshare. They will demand an unconditional cancellation of the purchase agreement – thus getting you off the hook.

The problem is that there is nothing requiring the timeshare resort to do that for you. In fact, several lawsuits have been brought against two of the most prominent companies in the business of cancelling timeshare contracts using “loopholes” to render the contract void.

Timeshare developers actively filing such lawsuits include Westgate, Orange Lake Resorts, (Silverleaf, Holiday Inn), Diamond Resorts, and Berkley Resorts.
They succeeded in shutting down one timeshare cancellation company in Tennessee AND the CEO of one of the companies was disbarred from law practice. Read the whole story here.

So if the bottom line for you is to get rid of your timeshare perhaps you should consult a timeshare resale broker. They can lay out all of the details for you as far as your options are concerned. Plus you would have the assurance of working with professionals who have the credentials and experience to get the job done right the first time.

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.

We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit.  We have a program that gets you out of your property without waiting for a buyer too.  This stops the fee payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

 

 


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