Many timeshare owners continue to use their ownership rights happily for years without any desire to get out. For others, however, there is a strong urge – or even need – to leave the timeshare as soon as possible. It is for the owners in that category that a service like Cancel Timeshare might be valuable.
Whether you have already been trying to get out of your timeshare for a while or you are just starting down this path, learning as much as possible about the process is valuable. This page will get into some of the details of what Cancel Timeshare offers and why you might want to consider working with them to leave your timeshare. In the end, the choice is yours as to which timeshare exit company you pick – or if you work with one at all – but I want you to have as much information as possible.
Start By Looking At Their Website
Have you taken a moment yet to visit the Cancel Timeshare website to learn about their services? That’s always a good starting point when trying to decide if you want to work with a given business. Not only can you read the content on the pages to learn about the business, but you can also see how much time and effort they have put into the site’s design and layout – a quality site gives you some indication that the business takes their work seriously.
First of all, with a name like “Cancel Timeshare”, we need to be clear about which exit company we are discussing – that’s a relatively generic name, after all. The company’s information is as follows –
Owners Charles R. Howard and Christine Howard
9403 Highway 707 Ste D
Myrtle Beach, SC 29588-7729
In addition to Cancel Timeshare, the owners also have another business called HVM Strategies. Now that we are on the right track, let’s take a closer look at what the website indicates about the business.
I will say that the website for this business offers more information than the majority of timeshare exit companies across the web. For starters, there are the names of the owners along with pictures, giving more transparency than what is common in this industry. There are also some FAQs, blog posts, some information about their cancellation process, and more.
All of that is nice, but the standout element of this website is the fact that they include pricing directly on the home page. That is virtually unheard of in this industry and will help you understand right from the start what you are looking at in terms of cost. I rarely come across this kind of pricing information being displayed, and it will likely give you some confidence that you can know what to expect when you reach out.
Using Reviews the Right Way
There is an art to using online reviews to learn about a business. On the one hand, you don’t want to ignore reviews completely – there is a lot to be learned from the words of past clients of a particular business. At the same time, you can’t put too much stock in just one or two bad reviews, as those could just be from an unreasonable client (or they might not even be real). You want to look at reviews in the big picture, gathering a general sense of how a business operates without putting too much value on the words of any one individual.
Going to the BBB website will allow you to take a peek inside the operations of Cancel Timeshare. They are an Accredited Business with an A+ rating, so that is a good start. They have been accredited since 2020 and have been in business for seven years.
Those are good points, but the review score of just 3.5/5 is a bit concerning. That doesn’t mean they won’t be able to deliver good results for you – because there are some positive reviews that are happy with the services they received – but you will want to give the complaints some weight, as well. Take a moment to read through both the good and bad to make up your own mind about what the company delivers.
Some Rules for Leaving a Timeshare
I think it will be helpful for you in this process if I provide some simple “rules” for how you should look at the timeshare exit process. You might not have expected to find yourself at this point with your timeshare, so you might not know how to approach this situation or what you should do next.
The number one thing that I tell people in this situation is to do everything you can to keep the timeshare account in good standing while you try to exit. Don’t just stop making maintenance fee payments because you are tired of spending the money. I certainly sympathize with those feelings but failing to make your payments won’t make things better. The starting point for the exit process is to keep everything current and in good standing and then go from there.
Another important point to have in mind is that you shouldn’t consider yourself free from your timeshare until you have confirmation – in writing – that you are no longer the legal owner. It’s not a good idea to assume anything when it comes to timeshares, given the significant financial implications they can have on your life. Follow through on everything, whether it’s giving back the deed to the developer, selling the timeshare to another party, or another form of exit. All the little details should be in place and everything should be buttoned up properly, so you can sleep good and night and know that the timeshare is no longer your problem.
Make This Point a Requirement
If you only take one thing away from this article, let it be this – you should only consider working with timeshare exit companies that are willing to agree to the use of an escrow account to hold your money while they work. This is the only way to make sure you don’t get taken advantage of in this process and don’t wind up losing money in your effort to escape the timeshare life.
Handing over a significant amount of money to a company that you have never worked with before – without any form of recourse if they don’t deliver – is just asking for trouble. I know that many companies say they offer a “100% money-back guarantee”, but what does that really mean? You can tell them they didn’t deliver and ask for your money back, but how can you be sure they’ll really pay up? Only with an escrow account will you know that the money is secure and you will actually have the ability to recover it in the event that the exit company doesn’t do what you expected.
Frequently Asked Questions
With so many potential questions swirling around the topic of trying to leave a timeshare, I wanted to stop here and add a few answers for things that you might be wondering.
Q: Do timeshares have an expiration date?
A: Unfortunately, no – the standard timeshare contract does not have an expiration date. Once you agree to a timeshare contract, you are going to be bound to that contract until you find a legal way to leave (such as selling the timeshare to someone else). Without the ability to just wait out your contract, you’ll need to be proactive and find a way to leave the timeshare if you want to be done with it.
Q: What will it cost to hire a timeshare exit company?
A: The cost of various timeshare exit companies is going to depend on a number of factors, including their level of experience, the services they provide, and more. You will want to be sure to communicate clearly with any exit company you might hire to make sure you’re on the same page regarding their fees and whether or not they use an escrow service to hold your money while trying to get you out of the contract.
Q: Is my timeshare developer going to let me walk away from ownership?
A: It is possible – although not necessarily likely – that your timeshare developer will agree to let you walk away from the contract. This usually takes the form of a deed back program where the developer takes the rights to the deed back from you, so they can sell it to someone else. If such a program is available, this can be one of the fastest and easiest ways to get out of a timeshare.