First things first. It is possible to exit from a Timeshare contract. But if you harbor plans of selling it, then you still aren’t free from the effects of the timeshare hard sell interaction. To put it in other words, trying to sell it is nothing but an act of throwing more money on the money that you’ve already lost. The best option is to come out of a contract that will bind you forever. If you’re wondering the ways of how to get out of timeshare contract, then reading this will help to a great extent.
Some of the few options available for coming out of timeshare contract are sale, donation, transfer and litigation for termination and cancellation. Let’s take a brief look at each option:
Sale – Though this may appear as a good option; timeshare owners are unaware that a timeshare can be rented online or directly from the developer without being a member or owner of the timeshare interest. To add insult to injury; timeshares could be purchased on eBay for as little as $1.00. Therefore your timeshare interest does not offer any value to be purchased.
Donation – This is another option that has saturated. Organizations used to accept donations of timeshares earlier. That is not the case anymore. There are very takers for donated timeshares. It is best to not waste time and effort pursuing this option.
Transfer – This is an option which will put the recipient in your shoes. The recipient will have to, for the rest of his or her life, pay exorbitant maintenance fees. The timeshare company may also choose to levy a hefty transfer fee. Both of which are definitely not a suitable choice.
Litigation – Definitely the best option to put an end to your misery. Landmark judgments have ruled in favor of litigants who have proved that the timeshare company resorted to willful misrepresentation and breach of contract. This will help you to cancel timeshare contract legally without having to undergo anxious moments trying to offload a burden of nails.
About the Author Advocate Financial Services is a Licensed Bonded Financial Consulting Firm that employs to assist their customers in managing their debts. They have an experience of over 25 years in serving their customers concerned with financial and debt related matters such Consumer Debt settlements, Transfer of ownership and Timeshare Contract Cancellation. They are adept in providing strategic advice and cater trusted consultant to customers to them succeed in meeting their goals.
Website: http://advocatefinancialservices.com/ Email Address: firstname.lastname@example.org Phone Number – 754.260.1603 If you are lucky, you may have identified the pitfalls of a timeshare right at the beginning. This will give you the luxury of cancelling the timeshare within the legally permitted period. However, for the not so fortunate who are looking for options on how to get out of timeshare contract, there are legal remedies. Look for qualified and competent timeshare cancellation advocates who can pursue the matter on your behalf and help you exit.