Learn how getting out of your timeshare works.
Although it sounds simple, sometimes the hardest part of the timeshare cancellation process is deciding to let go. It can be difficult because the timeshare may have been a great experience at one point. You may have had fond memories traveling to a particular resort. The best decision is to do what is right for you and your family long-term.
The best way out of your timeshare is the option that is quickest, done the right way, and will leave you free of your timeshare debt permanently. While you can sell your timeshare if it is paid off, usually the time it takes to sell it makes it a non-viable option. There are plenty of resources available to cancel your timeshare legally without the waiting game.
Remember the rule - if it sounds too good to be true then it probably is. We have heard countless stories from timeshare owners who paid thousands of dollars to list their timeshare with a resale company. There are so many companies and so many timeshare developers that look to exploit timeshare owners who no longer want or afford their timeshare.
Another common sense check to see if a company is reputable is to check for physical offices. A quick internet search of the business name will show whether or not they have a physical office. A second step is to search their address to check and see if it is a virtual office. Would a reputable company not have physical offices with people working in them?
We have found that almost all other the timeshare exit companies charge hefty upfront fees. Not only is this risky for consumers, but why pay it if there are other options that do not require thousands of dollars upfront. It doesn't leave you protected when paying a company a huge lump sum to cancel your timeshare.
We have learned over the years that accreditation with the Better Business Bureau (BBB) is the easiest way to see if a timeshare cancellation company is legitimate. The BBB does not allow for companies to be deceptive or unfair in its dealings with customers and remain accredited.
Reputable companies will not cold call you. It is that simple. If a company calls you and offers you advice unsolicited then it is most likely a scam. We recommend working with a timeshare cancellation company that you have sought out through your own research.
We believe that timeshare cancellation should be reasonably priced. Some resorts will charge transfer fees and other miscellaneous costs, but nowhere near the tens of thousands of dollars we have seen some of our clients quoted by other timeshare exit companies.
The last check to make sure you're working with a legitimate timeshare exit company is to read the reviews. And not the good ones - read the bad ones. All companies will have good reviews, but the bad reviews show the real truth of what you can expect. Not all bad reviews are that bad, but look for a pattern of conduct.
"Cancel Timeshare is the real deal and truly was a Godsend." - M Rice