Frequently asked questions: Timeshare
How much does it cost to get out of a timeshare?
What Can It Cost to Get Out of a Timeshare? Bought directly from a resort, a timeshare can cost between £20,000 to £40,000, or more – and that’s without the burden of special assessments or annual maintenance fees, which tend to rise steadily year over year. If you want out of your timeshare the costs are a fraction of that and can save you thousands in the long run.
Is it possible to get rid of a timeshare?
What if the timeshare resort does not buy it back? Timeshares are a depreciating asset. There are always more sellers than buyers for timeshares. It is likely that you will lose money on the timeshare in order to get rid of it, but if you get rid of it, you will save yourself all those fees.
How can I get rid of my timeshare legally?
You can legally dispose of your timeshare by selling it or giving it away.
- Sell to the Developer. If you purchased your timeshare from a developer that offers a buyback program, you may be able to sell your week back. …
- Sell It Yourself. …
- Use a Broker. …
- Deeded Timeshare Donation. …
- Give It Away. …
- Rent It Out.
If none of the above are available to you contact us, we have a proven way of terminating timeshare contracts that will get you out of paying those maintenance fees every year. Just complete the form to the right of this page and we will see if you qualify for release from your timeshare contract
Can you cancel a timeshare contract?
How to Cancel Your Timeshare Contract. Because of the nature of timeshare selling, most states have enacted laws that allow timeshare buyers to cancel contracts if they act quickly. This means that if you’ve entered into a timeshare contract and are having second thoughts, you can cancel the contract.
How long is a timeshare contract?
The terms of a non-deeded timeshare can include an expiration date, while deeded timeshares confer permanent ownership. While a 1/52 share is average, there are smaller shares (1/104, or one week every other year) and larger shares (1/12, which gives you an entire month to use the property each year).
Do timeshare maintenance fees go up?
Timeshare maintenance fees are often charged on a yearly or monthly basis—regardless of whether you actually use your timeshare. This means that if you don’t take a vacation one year, you are still responsible for paying the maintenance fee bill
How much does it cost to cancel a timeshare?
During the free consultation, you will be provided with an estimated fee to cancel your timeshare. With all of that being said, it is important to point out that the average cost of timeshare cancellation service is negotiable with the timeshare termination company.