If you have a timeshare and want to get out of it, you’ll find that the process can be confusing. You need to be aware of what the best timeshare cancellation services offer, as well as how to navigate the red tape that may be involved. The most important thing to remember is that a reputable service will work with you to find a way to exit your timeshare as painlessly as possible.
The most obvious option is to simply let the company you bought your timeshare from know that you are not happy with your purchase. In many cases, the company will tell you that you are not eligible for a refund, even though you have not yet withdrawn your money. They may also threaten you with legal action or even pass your debt onto a collection agency. However, there are plenty of other options available to you, such as contacting an expert.
One of the most common reasons why people decide to cancel their timeshare is because they have run out of time to make their payments. To avoid getting into this situation, you should check your state’s laws on timeshare cancellation before you sign on the dotted line.
You will need to have a clear and concise written statement of your intention to cancel your timeshare. This is not always easy to come by, as some companies try to play hard to get. Luckily, you can use an expert to help you write a letter that will get you out of your contract.
When writing your own rescission letter, you will need to be sure that you are writing in a style that will be able to be read by the recipient. Some timeshare companies will only accept letters that are hand-delivered to their office, or that include a certified mailing address. Even when a letter is delivered in person, there is a chance that it may be rejected.
Timeshares are fun to own, but they can be expensive and frustrating. Many people have to pay for their annual fees as well as maintenance fees. In fact, the rescission period of a timeshare is the only real way to ensure you get your money back.
There is no guarantee that you will get a refund when you rescind your timeshare, but if you take the time to write a good rescission letter and follow the rules, you should be able to get your money back. Once you’ve done that, you should be free of your obligation for the next six to three years. During this time, you should do your research and see what options are available to you, as you may be able to obtain a better deal.
The best timeshare cancellation companies will be able to explain the process to you, as well as offer you an estimate of how much it will cost. These costs are based on a variety of factors, including your location, the type of company you have chosen and the reputation of the company.