Timeshare cancellation is a great way to get out of a vacation ownership contract that you no longer want or need. However, there are some things to keep in mind before choosing a company to help you with the process.
First, check out their experience level and reputation in the industry. It’s important to look for companies that have a solid track record of helping people get out of their timeshares. You also want to make sure they have strict eligibility requirements, an in-house process, financial security and positive reviews from other clients.
Second, choose a company that offers a money-back guarantee to help you with your timeshare cancellation. This ensures you’ll be able to walk away from your contract without paying anything out of pocket.
Third, beware of companies that charge an upfront fee. This is a red flag that the company is not legitimate and may be planning to use your money in a way you don’t like.
Fourth, look for a timeshare exit company that is 100% in-house and transparent. They should be able to answer all of your questions and put together a plan that works for you and your situation.
Fifth, be sure that the company has a track record of working with a wide variety of timeshare owners. This is vital because you don’t want a company that only has experience with one or two resorts.
Sixth, beware of timeshare resale companies that promise you they can cancel your timeshare but then end up transferring it to a shell company or a law firm. These companies often have a reputation for deceiving consumers and charging unnecessary fees to get their hands on your property.
Seventh, beware of timeshare cancellation companies that have a lot of negative reviews online. This is an indication that the company isn’t doing as much to protect their clients from scam artists or other pitfalls.
Eighth, beware of timeshare cancellation companies that demand money up front from you. This is a sign that they’re a scam artist who will take your money and then disappear.
Ninth, beware of timeshare cancellation companies who claim to have a money-back guarantee but don’t provide it in writing. This is a huge concern because many of these scam companies will end up taking your money and then disappear.
Tenth, beware of timeshare cancellation companies whose websites don’t tell you all your options. This is a big warning sign because this is a sign that the company has a poor reputation in the industry and that they’re only out to make a quick buck.
While the cost of hiring a timeshare cancellation company can seem overwhelming, it is not necessarily as expensive as you might think. The total price will depend on the overall package that is created between you and your timeshare exit consultant. The more complex and long-term the plan, the higher the service fees will be.