If you’re a timeshare owner who’s thinking of getting out of your contract, it’s important to know what to expect and how long it may take. Some people opt to use a professional timeshare exit company, while others choose to handle the process themselves. Regardless of your decision, it’s important to find an experienced team that’s willing to work with you.
Timeshare Exit Companies – What to Look for
There are a lot of different companies that claim they can help you get out of your timeshare contract. These companies can be legitimate or fraudulent. Many of these scams have swindled millions of dollars from innocent consumers looking to simplify their lives.
A legit timeshare exit company will take you through a detailed vetting process before they accept you as their client. This is to ensure they can guarantee that your timeshare will be cancelled successfully.
They should also be able to provide you with a free consultation and assessment to determine your specific situation. Once you’ve been accepted as a client, the company will gather your documents and forward them on to the proper parties to complete the cancellation process.
Some of these companies will even offer to help you sell your timeshare. While this sounds great, it’s not an option you should consider unless you have significant equity in your property.
There are many other options, such as selling your timeshare on the open market through a re-sale company. However, these services charge listing fees to list your property for sale. These fees are how the re-sale company makes their money.
These fees are a significant chunk of your overall cost, which means that it’s important to find an accredited and reputable timeshare exit company that can assist you in avoiding these costs.
A legitimate timeshare exit company will have a proven track record of helping clients cancel their timeshares. They should also be able to provide you a detailed explanation of what their services will include and how much it will cost.
If you’re not sure whether a company will be right for you, check their reviews on Google and Trustpilot. The more positive reviews and feedback they have, the better chance you have of a successful experience with them.
Using a legitimate timeshare exit company will allow you to save a considerable amount of money over the course of your life. This will allow you to enjoy your vacations more often and pay less for maintenance fees.
Aside from removing your financial obligations from the timeshare, a legitimate exit team will also make it easier for you to reclaim your original purchase price. This can mean savings of tens of thousands of dollars in the long run, which can be used to offset your remaining expenses and pay off your debts.
Some companies, such as Timeshare Exit Team, claim to be able to help you cancel your timeshare in 18 months or less. But customers have complained that they’ve exceeded this timeline and the company hasn’t honored its 100% money-back guarantee.