Timeshare Cancellation After Rescission Period

Tips
You have a few options if you’d like to cancel your timeshare after the rescission period has passed. We’ll explore all of them in this post. Selling Your Timeshare Your first option is to attempt to sell the timeshare on the secondary resale marketplace. This can be hard to do if you don’t have a timeshare in a desirable location such as Hawaii or Aruba. Timeshares in Orlando and Las Vegas are a dime a dozen, so it can be harder for a timeshare to retain its value in these locations. Top timeshare (vacation ownership) brands such as Marriott, Westin, Ritz Carlton, Hilton and Disney generally hold their value better than other brands. A good place to start when you’d like to sell your timeshare is Ebay or Craigslist. These…
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How To Get Rid of a Timeshare In Florida

Tips
The process of getting rid of a timeshare in Florida is similar to the process in any other location. The only real difference is the amount of time you have to rescind the timeshare purchase. Rescinding a timeshare means returning it to the timeshare developer directly for a full refund. Each state allows a different amount of time for owners to obtain a full refund from the resort developer directly. In Florida, new timeshare owners have 10 days to mail the required cancellation letter to the timeshare developer and obtain a refund. Usually, this Florida timeshare cancellation letter is sent via certified or registered mail that makes it clear you are exercising your right to rescind the purchase. To learn more about rescinding your timeshare purchase, read through the documents…
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What Is Escrow & Why Is It Important?

Tips
Escrow is a third-party holding account that keeps your money safe while the timeshare exit service is being completed. If the timeshare exit service is not completed as promised, you can get your money back directly from the escrow account company. This is important because it holds the timeshare exit company accountable. The company must complete the cancellation of your timeshare successfully before it's paid. This gives the timeshare exit company incentive to complete the task it was hired to do. When you pay up-front, you don't know if the timeshare exit company is going to do what it says it is going to do. The company could take your money and never cancel your timeshare. This is why we recommend only working with timeshare exit companies that offer an…
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Timeshare Cancellation

Tips
Owning a timeshare can become a burden when you find yourself no longer using it. You may have enjoyed it for years as your family was growing up, but now that the kids are gone your vacation habits may have changed. And that’s perfectly ok. You shouldn’t be forced to keep paying for a timeshare you no longer want just because you feel obligated to keep paying it off. It’s 2018 and the timeshare cancellation options are quite plentiful. As timeshare owners become more aware of the difficulty that comes with selling their timeshares, many have sought other options to relieve themselves of their timeshare ownership. Some lucky timeshare owners can work directly with their resort to cancel their timeshares, but most owners aren’t so lucky. Many timeshare resorts have…
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