Many timeshare owners have either outgrown time sharing or been forced out by the increasing maintenance fees that go up 5%-12.5% a year. Time-sharing was a great program 30+ years ago to provide the average person the availability to travel to destinations around the United States and Internationally.
Internet Boom: Does it help?
Travel has become inexpensive with the explosion of travel websites and discounted affiliate travel programs or travel clubs.
Turning Weeks into points
Not to mention that resorts have switched from weeks to point systems, which have over sold properties 4 to 5 times occupancy availability, which created blackout dates and restrictions for those who still try to use their Timeshare. For those lucky to get the dates they would like to use, they are posed with constant owner update meetings, 90-minute presentations, or the upgrade on points to their contract. All of this has forced the Timeshare Cancellation 2019 topic to the forefront of 2019 more than any other year in the history of Timeshare ownership. Therefore with the timeshare cancellation internet boom there are some additional ideas that you as a timeshare owner should know.
Timeshare cancellation requests in 2019
Timeshare resorts have been holding Timeshare owners hostage by something that was supposed to be relaxing and family orientated and affordable. The Timeshare industry has now become everything but a vacation, as Timeshare owners have been subject to fraud and resale scams all because Timeshare resorts don't take their products back willingly. Timeshare cancellation (Timeshare Cancellation: Internet Boom) services have flooded the Timeshare marketplace. It has cost timeshare owners thousands of dollars, selling the hope of canceling Timeshare contracts with minimal to no success.
Will the resort repurchase my timeshare contract?
No. Many Timeshare owners have tried to reach out to their resorts to offer the Timeshare back or to sell the Timeshare back to the resort with no resolve. Timeshare resorts are in the business of selling Timeshares, not in purchasing or taking them back. It leaves most Timeshare owners stuck between a rock and an even harder place as the maintenance fees continue to rise annually.
Selling a timeshare is an ordeal
Many Timeshare owners figure that they will sell their Timeshare to recoup the expenses they put out into the Timeshare or the hope of breaking even. As many timeshare owners have figured out, there is no market for a Timeshare as the market is full of timeshare owners with buyers remorse, and timeshares are listed on eBay as little as a dollar.
Can you rent a timeshare to someone else?
Yes and no. Many Timeshare owners have tried to rent their Timeshares to recover a portion of their annual maintenance fees to find out that Timeshare resorts rent the vacant units out on the Internet or 3rd party vendors at a third of the cost Timeshare owners are willing to accept for a rental. You have to compete with these discounted prices.
Can you stop paying maintenance fees?
Many Timeshare owners figure that they will sell their Timeshare to recoup the expenses they put out into the Timeshare or the hope of breaking even. As many timeshare owners have figured out, there is no market for a Timeshare as the market is full of timeshare owners with buyers remorse, and timeshares are listed on eBay as little as a dollar.
Can you cancel the timeshare contract on your own?
The biggest challenge is that most Timeshare owners have lost thousands of dollars in the listing, advertising, and renting, not to mention the maintenance fees rising that paying an attorney $4,000.00 - $13,000.00 to cancel one timeshare contract is far from reality. Why can't you cancel Timeshare on your own? I know it sounds a bit impractical, especially after the Timeshare resorts have convinced 90% of the Timeshare Industry that the Timeshare contract they signed is a lifetime commitment; however, it is possible!
The truth about timeshare agreements
The Timeshare owners invested in a contract under the belief that they own a piece of real-estate. Later they all find out that they only hold only an agreement to pay the resort's maintenance fees and special assessments. These assessments cover resort property improvements, and unforeseeable expenses, like fixing the damages after the hurricane
the good part
Every Timeshare agreement has an escape clause built in no matter the resort, developer, or Timeshare agreement. Of course, the Timeshare resort isn't going to tell you this information as it would decrease their bottom line, and the problem to get out of a Timeshare would be down the street and around the corner. The new buyers wouldn't buy a Timeshare if they saw the line to get out was longer than the line to get in. For example, if you were at a restaurant and you saw a line of people wanting a refund and complaining that the service was terrible, how long would you wait in line to eat at that restaurant? Its the same concept.
Timeshare owners are fighting back
Timeshare owners are pushing back on Timeshare resorts and making their voices be heard loud and clear. Owners are finally fed up with Timeshare Industry as a whole. They demand their freedom back from their Timeshare contracts and are looking forward to canceling Timeshare.
We can help
Yes! There is a solution that may be a bit enticing - Timeshare Cancellation Kit that gives you the process and the paperwork to cancel a timeshare contract. The Timeshare Cancellation Kit is an affordable and easy to follow step-by-step way for you to complete the timeshare cancellation within 60 – 90 days. Our timeshare cancellation kit you can use for any timeshare resort in the US, Canada, or any country.
Timeshare Cancellation: Internet Boom: Does it help?
Updated April 29,2020
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