Timeshare cancellation can be a great way to escape a resort that doesn’t work for you. But it can also be a frustrating process that can cost you time, money and even your credit rating.
The first step in a successful timeshare cancellation is finding a good company to help you do it. These companies should have positive reviews from other people and be able to provide you with high-quality service. If you don’t have any experience with this type of company, you should try to get a referral from someone who has used them in the past.
Almost every state has laws that allow timeshare owners to cancel their contracts within a specified period of time. These laws vary by state, but most states have a rescission period of between three and 15 days.
If you are thinking about getting out of your timeshare, here are some tips on how to make the process easier:
One of the best things you can do is write down everything that is bothering you about your timeshare. This will give you a clearer picture of your situation and allow you to decide on an action plan.
Another thing that will help you is to send a cancellation letter. Depending on your contract, this may be done by email or by writing it out and mailing it to the resort.
Your cancellation letter should include your name, address, contact information and a brief explanation of why you are wanting to cancel. It’s also a good idea to list any issues that you want to address. These can include rising maintenance fees, inflexible dates or the condition of your property.
You can even use this letter to ask for your money back. Just be sure to read the terms and conditions of your contract carefully before you start sending out this letter. You should have a legal representative read over this letter before you send it to the resort, so that you can avoid any legal ramifications if the company does not accept it.
It’s also a good idea to keep the letter as short and simple as possible, and to avoid making it sound like you are trying to get out of your contract. The last thing you want is to scare the company off and lose your hard-earned money in the process.
Once you’ve written your letter, it’s important to get it to the resort as soon as possible. This will ensure that you don’t miss your rescission period.
Some resorts have business centers that you can use to type up your letter. If not, you can find a place near the resort that has a computer and a printer.
If you are having trouble writing your letter, you can always hire a professional to do it for you. Many of these companies have websites that you can use to browse their services and reviews.
The timeshare cancellation process can be complicated, so it’s a good idea to hire an experienced company that can guide you through the entire process. You should also be aware of unscrupulous companies that will try to charge you an upfront fee before they can begin work on your case.