A timeshare exit is a process that involves breaking a timeshare contract and getting your investment back. Typically, this is done with the help of a reputable timeshare exit company.
Choosing the Right Company
When choosing a timeshare exit company, there are many things to consider. You want a company that has a history of helping, strict eligibility, an in-house process, financial security, and positive reviews.
These factors can make the difference between getting your timeshare canceled and being stuck with an unwanted, costly timeshare. Here are some of the most important things to look for in a good company:
Expertise
When it comes to timeshare cancellation, experience is key. A company with a proven track record of success is likely to get you results faster and more efficiently.
The best companies have the expertise and resources to handle your case and ensure a timely completion of the exit process. They will also be able to help you with a variety of timeshare disengagement options.
Be Wary of Scams
While there are legitimate exit companies out there, there are also plenty of shady ones. These companies often call timeshare owners without a valid reason and try to solicit upfront fees. They may also use deceptive practices, including claiming to be lawyers or timeshare specialists.
Some companies even offer a money-back guarantee, which can sound great at first glance. But it is important to read the fine print to see what their refund policy really entails.
A money-back guarantee is a big deal for timeshare owners because it gives them confidence in their services. However, it can also make it harder for you to actually get your money back.
For example, some companies have agreements that state that if your case is unsuccessful and you forfeit your ownership or go through foreclosure, then they will not refund your money. This is a serious scam and it will have an impact on your credit score.
If you are unsure of whether or not a particular company is a reputable one, check their ratings and reviews online. Websites such as Google Reviews, Best Company, and Trustpilot are a good place to start.
Another way to find a reliable exit company is to speak with friends or family members who have successfully gotten out of their timeshares. They can tell you about their experiences and share some of the things that they did to get them out of theirs.
Some of the top timeshare exit companies include Resort Advisory Group, Wesley Financial Group, and Timeshare Compliance. The latter has been around since 2012 and has an A+ rating with the BBB.
WFG’s average consumer review is 4.8, and they have hundreds of former clients who are happy to endorse their service.
The timeshare exit process can be complex and expensive, so it is crucial to choose a reputable timeshare exit company with a proven track record of success. This is especially important if you are considering hiring a company that offers No Money Upfront, or if you don’t have a lot of cash to invest in the entire process.
