It’s a growing phenomenon: as more timeshare owners try to exit their contract, they are facing down some startling fine print. When digging into the fine print, you may just hit on a shocker.
There’s no easy way out of a timeshare contract.
In fact, it might prove difficult to show that there are nearly any exits at all. Unless you’re able to sell your timeshare, there are few, if any, alternatives.
You’re saying to yourself: that doesn’t sound right. I can always give back my timeshare to the resort.
Well, that’s where we go back to the timeshare contract. There are no words in the timeshare contract that explicitly state that the resort must take back the timeshare. Instead, it says the opposite. Your vacation home is your property, and if you don’t like it, there is little you can do about it.
So now you probably feel like you’re stuck. There’s this timeshare weighing you down, keeping you from enjoying financial freedom, and there’s nothing you can do.
Well, thankfully, there are some solutions.
The simplest and best way out of a timeshare contract is going to be to utilize a fee service that will get rid of the timeshare for good. This means that all the maintenance fees and any other billings are take off your shoulders. Your name will be off the deed forever. In order to take your name off the contract, you’re going to have to go with a timeshare company that has a guaranteed exit solution and has a stellar rating with the Better Business Bureau. For those unfamiliar with the BBB, you can check out their website for more information. Doing a search will allow you to check on the claims made against the company, and to see if they were resolved satisfactorily. Some of the timeshare removal companies that have excellent ratings with the BBB are Timeshare Relief and Transfer Smart.