Why Should I Get Out of My Timeshare

Why Should I Get Out of a Timeshare?

Right now, you have a powerful opportunity to improve your vacation plans for the rest of your life. That sentence may remind you of the opening line of a timeshare presentation. However, at Timeshare Exit Advisor, our company name clearly communicates that we will help you out of the timeshare trap.

In short, you should get out of your timeshare because you will never get out what you put into it. Now that we’ve had a little fun with words, let’s explore the diverse and important reasons you should seek a timeshare cancellation.

Even before the presentation begins, the timeshare industry makes you feel wonderful:

• They entice you with free trips.
• At first, they are very nice to you.
• They offer free dinners.
• In Las Vegas, Orlando and other similar destinations, they trade your time for tickets to shows, theme parks and attractions.
• Sometimes, they hand out jewelry, small appliances or other gifts.

Later, you realize what you actually did. Often, the realization follows soon after you depart your first timeshare encounter

You might ask yourself questions:

• Did I just put over $3,000 on my credit card for a timeshare?
• Do I actually want to come to the same beach resort for the rest of my life?
• Were those free tickets to that mildly funny stand-up comedy show really worth the time and money I gave those timeshare folks?

You are not alone. In the last few decades, millions of timeshare buyers have arrived at similar realizations.

Now That You’ve Read Its Fine Print, You Want Out of Your Bad Timeshare Contract

Whether you have just purchased a timeshare interval or you have been paying off one for years, realizations often accompany reading a timeshare contract’s tiny print.

Companies that sell timeshares make you sign too many documents:

• These docs all appear quite official.
• You may have felt an emotional weight when signing your name.
• Some of the documents may be required by law.
• Other documents exist solely to obligate you to pay ever-increasing maintenance fees for the rest of your life.

In a high-pressure environment, it’s hard to read all of that fine print. The salespeople understand that fact. They also understood it when they were drawing circles around numbers and speaking cheerily to you.

Everything is okay. Wordy phrases printed in a small font cannot permanently attach you to a vacation property you do not own.

The Timeshare Company May Have Deceptively Marketed Their Product Under a Different Name

When a salesperson’s product suffers from a negative public perception, they must get creative. Timeshare sellers countered marketplace negativity by rebranding their products. They sold vacation clubs and travel points.

You know you’re caught in a timeshare trap if:

• It has plenty of confusing language.
• It is difficult to use.
• It forces you to pay annual fees perpetually.

Some vacation clubs use annual dues in place of maintenance fees. Those dues play the same role as maintenance fees, and they increase a little bit each year.

Promises Made Are Not Promises Kept

At the presentation you attended, you likely faced a high-pressure moment when a salesperson promised you first-choice, VIP access to premium vacation inventory, but you had to make a decision immediately.

This tactic works nicely for timeshare sellers, but:

• These promises are often made verbally.
• You will likely not find the promise in your written contract.
• Topnotch properties go to the highest-bidding hotel brands, and timeshare companies usually only have access to those enterprises leftovers.
• Clearly, this is just a shady sales maneuver.

In fact, salespeople at timeshare presentations will make almost any verbal promise to close the deal.

For Example:

• Were you promised floating weeks, but you never got them?
• Did they tell you a timeshare week is easy to rent to someone else when it’s actually very difficult?
• Were you promised access to five-star resorts through your median-priced timeshare, but you have never actually gotten that access?

Timeshare representatives make verbal promises because the fine print on their contracts usually specifies that only written promises are covered. They lie to drain annual timeshare fees from your budget. Use their deception as motivation to separate yourself from your timeshare contract.

You May Still Have the Option to Get Out Early

As you read your contract’s fine print, look for language that spells out your options around timeshare cancellation in the several weeks after the presentation. Some jurisdictions require such language.

In your contract, this item may be called a:

• Recission Period
• Cooling-Off Period
• Retraction Period
• Deed-Back Program

If you find you’re within your timeshare contract’s window to end the deal and get your money back, act fast. Prepare yourself to encounter less-friendly team members than the folks who sold you the timeshare.

No Matter When You Joined, You Can Always Get Out of a Timeshare

Of course, years may have passed since you walked out of the timeshare presentation. The ink dried upon your contract long ago. Fortunately, it’s never too late to leave any timeshare.

Sure, your timeshare provider might choose to place a few obstacles in your path, but you can clear those, especially with help from Timeshare Exit Advisor. As experts in this industry, we thoroughly understand why you might want to end a timeshare contract you signed at a different stage in your life.

When you agreed to participate in your timeshare, your life may have been very different than it is today:

Your Circumstances Have Changed:

• Did you used to make more money?
• Was your vacation availability more predictable in your previous career?
• Have changes in your physical health made travel difficult?
• Were you recently divorced?

Life is unpredictable. The cheery folks at the timeshare presentation failed to mention that fact. You deserve the opportunity to depart your timeshare situation whenever necessary.

Quite Simply, You’ve Changed

Your issue with your timeshare may not be related to your circumstances. Over the years, you may have just become a different person with different interests that reside far from the resort area where an enterprising corporation developed a timeshare property when that type of construction was popular.

Timeshares Are Bad Investments

At their presentations, timeshare companies refer to the intervals they sell as real estate investments. Let’s be clear. A timeshare drops below the criteria for a bad investment. It’s not even an investment.

The folks who own the timeshare company have an investment. You, on the other hand, own a contract that says you have to pay them five figures for the option to visit a condo one week a year, and you’re obligated to pay rising maintenance fees annually.

You Can’t Make a Realistic Profit on a Timeshare

Even when you receive money via a deed-back program decades after buying into your timeshare, you will not make a profit when you leave. Maintenance fees and inflation ensure that fact. Still, you will have removed the obligation of future maintenance fees from your life.

You Would Rather Do Something Else With All That Money

Whether you're early in your contract and you're trying not to spend all the money you owe on your timeshare interval or you want to get out a chunk of buy-back cash, you likely have another way you would like to use your funds.

Some Ideas Include:

• Paying for your children's college tuition
• Starting a business
• Contributing to a mortgage's down payment
• Diversely investing in the stock market
• Taking care of a loved one's medical bills

You deserve to do as you wish with your money. Once you have the right help to get out of your bad timeshare situation, you can do whatever you please with it.

You Don’t Want to Pass a Timeshare Trap Down to Your Loved Ones

The fine print in a timeshare contract holds surprises, and the most extreme might be this one:

• Your maintenance fee obligation does not end when you die.
• Your loved ones inherit the fee.
• Timeshare companies can foreclose on your heirs and ruin their credit.

This may be the best motivation to get out of your timeshare contract as fast as possible. Importantly, your heirs will have a termination window if you leave them a timeshare. Still, relieving them of hassles they might not feel equipped to deal with during grief is a loving choice.

Your Timeshare Destination Is Getting Stale

Alternatively, you may just not care for your timeshare's locale now. Once, you might have been quite enthralled with that destination:

• Was it near the beach? Perhaps, you lost your taste for sun and sand.
• Was it at a ski resort? An injury may have caused you to stop skiing.
• Were you in love then? Love does not always last, and you do not want to revisit reminders of it.

Of course, you may just long to visit other destinations when you vacation these days. The same timeshare in the same place you have visited 22 times is certainly not those other destinations.

We understand all of these reasons to detach yourself from timeshare stagnation. Your timeshare company does not. We will help them see.

Your Timeshare Used to Be Very Nice

If you bought into your timeshare more than a decade ago, you might have begun to wonder where your maintenance fees are being applied.

Once, your timeshare unit was pristine. The real estate property where it sits was immaculate. Now, the location is showing significant wear. The hot tub beside the pool did not work last year. Cracks in the parking lot’s asphalt go unsealed. Your building’s roof is missing several shingles.

If you do not pay the maintenance fees or utility bills the timeshare company sends, you will receive late fees. As time passes, they may take other steps. Rather than letting them have the upper hand, pay their fees in a timely fashion, and move forward with your timeshare cancellation plans.

Timeshares Just Aren’t What They Used to Be

The deterioration you have noticed at your timeshare property's location is not unusual. You might be old enough to recall when timeshare communities were all the rage in vacationing. It was the 1980s. Televisions had cathode ray tubes, and people wore feathered hair.

Construction corporations gleefully built glistening timeshare communities everywhere:

• Tampa Bay
• Miami
• Orlando
• Myrtle Beach
• Colorado
• Utah
• Las Vegas
• Lake Tahoe
• Hawaii

The above list only scratches the surface. Timeshare sites boomed, and sales presentations occurred across the country.

Attendees were thrilled by the inviting condominium units:

• Every surface was new and clean.
• The appliances worked efficiently.
• The cabinets had all their parts.
• The blinds were aligned.
• Outside, the hedges were elegantly trimmed.
• Nothing seemed out of place.

If your timeshare experience once felt premium and now feels subpar, you do not have to stay in your unending contract. Though it may be difficult, you can actually cancel it.

You Have More Vacation Options Now

When the timeshare industry was born, the world was quite different. People visited travel agencies in retail shopping centers to plan vacations. In that era, timeshare intervals were an exciting, new option.

Today, most travel agencies that once served consumers are out of business, but the timeshare industry was not the culprit. Travel agents with retail stores lost out to the websites that help you find deals on flights, hotels and car rentals.

Those travel sites also revealed a diverse array of easily accessed vacation destinations to more people. It's hard to keep going back to your formerly exciting timeshare when you can conveniently hop on a travel site and book a trip to a new place in minutes.

The 20th Century Is Obsolete

Travel agencies were not the only casualty of progress since the timeshare boom in the 1980s. Very likely, you are reading this blog on a mobile device, not a computer. Just as modern travel websites significantly improved your access to vacation options, the technology in your hand revolutionized how people use the internet.

The timeshare industry's perpetual maintenance fees protected them from competition brought by the sites that offer diverse hotel and resort rates. Now, it's your turn to protect yourself.

Like big, clunky computers, travel agencies and timeshares are from the 20th century. Leave them there.

Did You Simply Pick the Wrong Timeshare Destination?

Actually, you may disagree that the timeshare is an obsolete concept. Some timeshare companies and customers just click. Perhaps, you love everything about your timeshare situation except one detail. You chose the wrong destination for your tastes and interests.

Don't feel bad about your predicament. You are not alone. High-pressure sales situations are designed to induce decisions that benefit the seller and fill the buyer with regret.

Now that you've realized your unfortunate position, you have a stellar property to visit, but you don't really enjoy the vacation opportunities around it. You can occasionally remedy this problem through a timeshare exchange, but your timeshare company's exchange portal may not offer destinations that interest you.

A wise, service-focused provider would work with you to find a timeshare location you prefer. If your timeshare company offers you no realistic remedy to your situation, you should feel motivated to get out of your timeshare.

You No Longer Use Your Timeshare

If you have fallen out of love with your timeshare, you have likely stopped visiting it. Now, that is a high-quality reason to disconnect yourself from your timeshare and its rising, recurring fees.

You Don’t Want to Pay for Your Vacation Twice

When you vacation elsewhere while continuing a timeshare contract, you may create excellent memories. Still, you will pay extra for your vacation. Every time you relax on a beach, enjoy a theme park ride or request the bill at a romantic restaurant, you may sense a hidden surcharge.

No matter how much you enjoy your vacation to a locale away from your timeshare community, you will still be contractually forced to pay your maintenance fees. Those nagging fees keep timeshare sellers in business. You deserve to pay only once for your next vacation.

Your Family Has Outgrown Your Timeshare

When your family was young, the timeshare you chose may have made plenty of sense. Parents of young children welcome predictable surroundings. During their early childhoods, your kids probably enjoyed vacationing in a familiar place.

As you read this, your children may no longer be in their early childhoods. How has your family changed since you signed up for your timeshare plan?

• Are your children currently adolescents and bored with your timeshare?
• Is your timeshare too small for your family now?
• Are your kids in college?
• Are you an empty nester?

The Company That Manages Your Timeshare Program Is Not Exactly Flexible

Timeshare companies enjoy a large, profitable industry. Some of them conscientiously help their customers swap weeks and resorts via convenient online exchanges, but you may not have signed a contract with one of those operators.

Believing the language in their contract has you over a barrel, many timeshare companies put up barricades where you ought to find doorways. You may have encountered some of these examples of timeshare inflexibility:

• Swapping weeks requires a fee.
• You can never find any good weeks to swap.
• If you don’t want to use your week, your timeshare charges you a fee to rent it to someone else.
• Your club points are extremely difficult to use and often require additional charges.
• It seems almost everything you want to do with your timeshare incurs a fee.
• While you meet all of your obligations, no good exchange options ever exist.

Vacations are supposed to be relaxing and fun. None of this sounds like fun. You'll enjoy your vacations again if you remove these endless fees from your life.

The Timeshare Company Treats You Poorly

Whenever you contact your timeshare provider, you deserve friendly treatment. Some timeshare operators seem to possess two personalities.

At the timeshare presentation, they were extremely nice to you. Now that you've signed your name, gotten deep into your contract and spent five figures to stay in the same condo for less than two percent of each year, they are unkind.

Have you faced any of these unfavorable interactions?

• Rude responses when you call or email your timeshare provider.
• Aggressive attitudes when you ask about leaving your contract.
• Unfriendly personnel when you visit your timeshare.
• Threatening legal action if you attempt to end your timeshare contract.

People who treat you poorly are not entitled to your hard-earned money. It's time to legally end your timeshare, so you can vacation where you are appreciated.

You Just Want to Exit Your Timeshare

Sometimes, life's answers are simple. You don't need any other reason than the desire to end your timeshare's arduous, expensive arrangement.

Exiting Your Timeshare Arrangement Can:

• Stop fees
• Reduce stressful thoughts
• Promote fresh, exciting vacation ideas

That short list offers substantial motivation to quit your timeshare deal.

You Have Friends Who Know How to Get Out of a Timeshare

If you want to get out of your timeshare situation for any reason, you should because:

• It is possible to do it yourself.
• You do not have to go through this usually difficult process alone.
• You can rely on our expert team at Timeshare Exit Advisor.

When you're up against an unfriendly timeshare company, it's helpful to have friends like us in your corner.

Once You Select Our Company to Help With Your Timeshare Cancellation

• We'll argue with the timeshare company for you.
• Every necessary document will be properly managed and filed.
• Maintenance fees and utility bills will stop coming from the timeshare company.
• You can make new plans for your money.

Let us help you escape the timeshare trap. We are compassionate, kind and on your side. Call Timeshare Exit Advisor today!