Timeshare Cancellations

Timeshare Cancellation

Is Timeshare Cancellation even possible? To offer a clear explanation of the ins and outs of timeshare cancellation to our customers, Timeshare Release Now Advocacy Team gathered information from two Timeshare industry insiders who shared their professional insight on this very question. First, we spoke candidly in confidence to a sales representative, “Sue”, who used to work in the timeshare industry on the sales side. This is her perspective on timeshare sales and timeshare cancellation:

Timeshare cancellation, sure it’s possible, but only if the consumer gets professional help from an organization like Timeshare Release Now, LLC Portland, Maine offices. From the perspective of a timeshare sales force, our job was to misrepresent the truth to consumers in order to make them feel like they had no choice but to accept the timeshare ownership and keep paying. We would get questions about timeshare cancellation all the time and we would simply refuse to help. Instead, when someone asked us about the possibility of cancelling a timeshare we would use their complaint as a tool to try and sell them more timeshare. We would tell them that the reason they want to cancel their timeshare is because they don’t know how to use it or they don’t have the right form of ownership.”

“Remember, if someone cancels their timeshare, some sales person loses their commission. All of us on the sales floor would help each other by misdirecting complaining consumers who actually thought they could contact the sales staff for help in a timeshare cancellation. We used every trick in the book to keep consumers from cancelling their timeshare within the rescission period. If I sold a timeshare and the rescission period was 10 days, I wouldn’t answer a phone call from my new customers until day 11. Everybody in the office knew the drill, “Avoid Timeshare Cancellation at all costs!” “

“Additionally, from what I understand, most resorts, including the one I worked for, had teams of employees in a customer service role, not directly connected to the sales force, whose job it was to field incoming requests for timeshare cancellation. Their only job was to use fear as a tool to control any consumer requesting a timeshare cancellation. Fear of having their credit ruined, fear of having a foreclosure on their credit report, fear of being harassed by collection agencies, or fear of being sued by the resort for breach of contract. Most timeshare owners are law abiding, good people looking for an economic benefit. The thought of having to deal with the aforementioned circumstances was just too much drama for them to handle. Plus, many consumers feel partly to blame for signing a binding contract that they never really read or understood. The resort uses that guilt to their advantage and makes the consumer believe they have to pay for their mistake.”

“In conclusion, from my perspective, the average consumer who wants How to cancel a timeshare is up against a maze of misinformation if they try to independently rely on the resort to communicate with them in a logical or fair manner. Really, the only recourse for timeshare cancellation is support from an organization like yours, Timeshare Release Now.” Next we spoke to “Craig O’Donnell”, an independent consultant and expert in Consumer Protection Law, and asked for his perspective on timeshare cancellation. These were his thoughts:

“Timeshare Cancellation by its very nature is an uphill battle, even with the right tools and knowledge. Unfortunately, the consumer protection laws that are in place to allow consumers an avenue of recourse when confronted with timeshare issues are well hidden among hundreds of thousands of laws published and governed, for the most part, by the Federal Trade Commission. Even if a consumer has the time and ability to sift through and collect all the laws that may be helpful to his or her specific grievance, knowing where and how to apply those laws to get the desired timeshare cancellation result is an impossible task for most people.”

“I have personally seen the stress and anxiety this situation causes for many consumers and can appreciate the services offered by legitimate timeshare exit companies like Timeshare Release Now. Do consumers have grounds for timeshare cancellation? Most of the time they do, but they need to find the right kind of assistance. The basis for most timeshare cancellations is claiming Consumer Timeshare fraud & Timeshare Resale misrepresentation. For example:

  • Being told you are buying a real estate investment.
  • Being told your timeshare is a tax write off.
  • Being told they have a resale department in the event you want to sell your property/points.
  • Informed the resort was pet friendly and later finding out pets are not allowed.
  • Verbose claims to induce the purchase of the timeshare.
  • Not being informed of exchange fees and being told that you can travel freely at any time to any place.
  • Not being made aware of maintenance fees or that your fees will increase.
  • Not being informed of potential assessments as the property ages or that you may be responsible for additional dues when other timeshare owners have backed out of their timeshare.
  • Summoned to a meeting under the guise it is a mandatory “owners” meeting only to be pressured and sold an upgrade.
  • Not being able to use your timeshare, with the resort citing that nothing is available or you do not have enough points.
  • Not being informed of the time period in which you can cancel your timeshare.

Now, claiming timeshare fraud or misrepresentation is one thing but, articulating it, exercising your rights as a consumer and navigating through to a positive outcome is yet another. Most timeshare attorneys can’t be bothered because of the lack of money involved and I would seriously question anyone claiming to be an attorney who says they provide timeshare cancellation services. Is timeshare cancellation possible? Absolutely, but, it must be done correctly, using the policies and procedures afforded every citizen under the law. In my opinion, Timeshare Release Now has developed the right approach in assisting consumers with timeshare cancellation. The Timeshare Cancellation process involves a marriage of timeshare industry, consumer protection law and real estate transaction knowledge and expertise. The trick is bundling it all together in a comprehensive package and providing direction and support at a reasonable price to the already financially burdened consumer. In my opinion, Timeshare Release Now has done this very well, indeed.”

You probably haven’t read anything here that you didn’t already believe to be true. Hopefully you have a better understanding of the situation you are in and realize you need help. Timeshare cancellation is a reality. Make it your reality. Contact us today and let us help you! Get your money back and the TRUTH YOU DESERVE! STOP LIGHTING YOUR MONEY ON FIRE! ACT NOW TOLL-FREE (844)-215-2744 or LOCAL (207)-457-0209 Portland, Maine Corporate Offices

Timeshare Release Now vs other Timeshare Exit Companies

Owning a timeshare can end up being a huge regret. If you purchased a timeshare that you don’t want anymore, you need to know how to get rid of a timeshare. Between maintenance fees and high monthly payments, you can’t afford to keep your timeshare. Read on to learn the benefits of timeshare cancellation and figure out how to get rid of a timeshare, for good!

You came back from vacation this year with some cheap trinkets for the kids, a sunburn, and a timeshare. While a sunburn can be painful, the worst souvenir you brought with you was a timeshare. You never thought that you would fall for a timeshare scam, but here you are, making a monthly payment of a few hundred dollars plus an annual maintenance fee that can be upwards of a thousand bucks.

What do you get for your money? In many cases a whole lot of nothing. Between booking premiums and inflexible “flex” points, you may find that you can’t go on any vacation that peaks your interest. So you settle. Until you don’t want to settle anymore and then you start researching how to get rid of a timeshare.

One option is to try to sell your timeshare. During the presentation, the timeshare salesman convinced you that this would be easy. In fact, you may even make a little extra cash by selling your timeshare. I am sorry to be the one to break it to you, but neither of these are true. Selling a timeshare is difficult. The retail market for used timeshares is almost non-existent, and even if you can find a buyer, your timeshare is most likely worth only a fraction of what you paid for it.

Of course, there are some cases when selling is the answer to how to get rid of a timeshare. Timeshares that are at in-demand resorts who sell limited quantities can sell for a significant chunk of money. In fact, recently a timeshare at a resort in Maui sold for $150,000. But, this is a luxury resort in Maui, not a second rate timeshare from a hotel in Scottsdale or somewhere in Florida.

Most timeshares end up being sold for a fraction of what was paid for them. The average price for a second-hand timeshare sale is $7,000. So, if you bought your timeshare for around $30,000 (the average price), you are losing over twenty thousand dollars. As you can see, selling a timeshare may not be the best option for you.

Another way to get rid of a timeshare is to gift it to a friend or family member. If you know someone who wants a timeshare, this can be a great idea. They take over your monthly payments, and you don’t lose any more money. The downside here is that it can hard to even give a timeshare away.

Whoever you gift it to has to actually want a timeshare and be able to take over monthly payments and the yearly maintenance fee. All in all, a timeshare is a very expensive gift that not many people want. In fact, according to the AARP, the majority of people surveyed would reject a timeshare gift.

So, you sure as heck can’t sell your timeshare and now you can’t even give it away. You may feel the situation is hopeless and you won’t be able to figure out how to get rid of a timeshare.

It is not hopeless. With the help of our timeshare exit team, you can do a timeshare cancellation. This will get you out of your timeshare without any additional timeshare exit cost. You will be able to legally stop making your timeshare payments without having to find someone to take them over for you. With a timeshare cancellation, you walk away from your timeshare, free and clear.

Our timeshare exit team cost is reasonable, and we can get rid of your timeshare. We review your contract and then get to work. Once you enlist our help, you don’t have to talk to the timeshare company anymore, we do it all for you.

We create a resort authorized cancellation letter that is guaranteed to get rid of your timeshare. If we can’t cancel your timeshare for any reason, you get your money back. We are not at timeshare resale scam, and we do not work for the resort industry, we work for you.

Here at Timeshare Cancel Center, we are the real deal, and we can get you a timeshare cancellation. Call us today to learn more and to get a free timeshare exit team review of your timeshare contract.

To Receive More Information About “How to cancel a Timeshare

Executing a Timeshare Exit and need it done by the professionals call or Visit Our Website:

www.TimeshareReleaseNOW.com

For A Free Timeshare Release Now Team Consultancy Conducted By A Certified Timeshare Cancellation Specialist Call 24/7: 1-844-215-2744

Timeshare Release Now Resource Help website photo

A timeshare (sometimes called vacation ownership) is a property with a particular form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time (typically one week and almost always the same time every year) in which they may use the property. Units may be on a partial ownership, lease, or “right to use” basis, in which the sharer holds no claim to ownership of the property.

There are many different types of Timeshare vacation ownership products available on the market today, but these can be divided into three main categories:

  • Traditional timeshare ownership
  • Fractional ownership
  • Points-based ownership

Traditional timeshare ownership refers to the purchase of an interval of usage at a single resort. Ownership is usually tied to a particular unit or unit type (one, two, three bedroom) and falls within a set week or within a season (a specific time of year or range of weeks when the owner can use his/her timeshare).

Fractional ownership refers to the purchase of a much larger increment of time (usually a set block of weeks) and is a good for travelers who are able to vacation for more than one or two weeks a year. Some top brands features on our website such as Ritz-Carlton offer fractional ownership. Fractional properties tend to be even more luxurious than traditional timeshares.

Points-based ownership (also often called vacation club memberships) refer to a system in which owners are allotted a specific number of points per year which can then be exchanged for accommodations at a variety of in-network resorts. Points function much like traditional timeshares in that they are often tied to a specific usage season, however they offer the added flexibility of being able to book shorter stays in larger units (or vice versa).

Each of these types of ownership products can be either fee-simple or right-to-use. Fee simple refers to a deeded purchase in which you own the timeshare perpetually, whereas right-to-use refers to a lease-like agreement in which your ownership expires after a set number of years. If you would like to learn more about timeshares and the types of ownership available, please visit our timeshare resale FAQ page.