Your Timeshare Exit Options

How to Get Out of Your Timeshare.

If you’ve found yourself in an unwanted timeshare situation, the good news is that there is more than one option to free yourself from the burden. With an abundance of look-a-like exit companies and listing scams, it can be easy to feel overwhelmed when researching your options. There are three preliminary courses of action you should consider:

1) Use your right of rescission:

Did you purchase your timeshare within the last few days? If so, you may be able to cancel your timeshare right away. Many states have a legal rescission period where you can cancel your ownership within the first few days of ownership.

Things to keep in mind:  Individual states have their own rescission periods. Be sure to consult the applicable State or Federal statutes before proceeding.

1) Use your right of rescission:

Did you purchase your timeshare within the last few days? If so, you may be able to cancel your timeshare right away. Many states have a legal rescission period where you can cancel your ownership within the first few days of ownership.

Things to keep in mind:  Individual states have their own rescission periods. Be sure to consult the applicable State or Federal statutes before proceeding.

2) Call your resort:

If you are past your legal rescission period, the first step in your exit search should be to directly contact the company your ownership is with. While it may seem counterintuitive to reach back out to a company that left you in an undesirable situation, some resorts have begun to offer their own exit programs. Many buyback or exit programs have strict qualifications and will not accept all owners but you should still check to see if you qualify.

Things to keep in mind: Be very firm about the fact that you do not want any upgrades to your ownership. If a resort representative works on a commission, they may treat your phone call as an “up-sell” opportunity.

2) Call your resort:

If you are past your legal rescission period, the first step in your exit search should be to directly contact the company your ownership is with. While it may seem counterintuitive to reach back out to a company that left you in an undesirable situation, some resorts have begun to offer their own exit programs. Many buyback or exit programs have strict qualifications and will not accept all owners but you should still check to see if you qualify.

Things to keep in mind: Be very firm about the fact that you do not want any upgrades to your ownership. If a resort representative works on a commission, they may treat your phone call as an “up-sell” opportunity.

3) Evaluate the worth of your timeshare:

If your resort is unable or unwilling to work with you to provide you with an exit option, your next step is to see if your timeshare has any resale value. By searching for similar timeshares for sale on a platform such as eBay, you can easily gauge the demand for your ownership. Unfortunately, the secondary market for timeshares has much more supply than demand, creating a scenario where most timeshares are hard to sell.

Things to keep in mind: Keep yourself safe by following the FTC’s guidelines and never pay money up-front to list your timeshare.

3) Evaluate the worth of your timeshare:

If your resort is unable or unwilling to work with you to provide you with an exit option, your next step is to see if your timeshare has any resale value. By searching for similar timeshares for sale on a platform such as eBay, you can easily gauge the demand for your ownership. Unfortunately, the secondary market for timeshares has much more supply than demand, creating a scenario where most timeshares are hard to sell.

Things to keep in mind: Keep yourself safe by following the FTC’s guidelines and never pay money up-front to list your timeshare.

4) Contact Timeshare Exit Team:

If you are unable to give your timeshare back directly through a resort program, or if you are unable to sell your timeshare through a legitimate listing service, Timeshare Exit Team is here to help. Through our free consultations, we help consumers understand their ownership as well as how we can assist in facilitating an exit. With a national network of experts, Timeshare Exit Team has an array of exit options to pursue. Timeshare Exit Team helps thousands of people exit their timeshares each year and offers a 100% money-back guarantee. If we don’t get you out of your timeshare, you get a full refund.

Things to keep in mind: The exit timeframe can vary for each individual’s situation. Timeshare Exit Team does not buy, sell, or recover money previously paid to the timeshare. Click here to learn more about our process.

4) Contact Timeshare Exit Team:

If you are unable to give your timeshare back directly through a resort program, or if you are unable to sell your timeshare through a legitimate listing service, Timeshare Exit Team is here to help. Through our free consultations, we help consumers understand their ownership as well as how we can assist in facilitating an exit. With a national network of experts, Timeshare Exit Team has an array of exit options to pursue. Timeshare Exit Team helps thousands of people exit their timeshares each year and offers a 100% money-back guarantee. If we don’t get you out of your timeshare, you get a full refund.

Things to keep in mind: The exit timeframe can vary for each individual’s situation. Timeshare Exit Team does not buy, sell, or recover money previously paid to the timeshare. Click here to learn more about our process.

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