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How to Cancel My Timeshare in Panama City Beach?

Table of Contents

Start with Cancellation Window

Some Developers Offer Options

You Might Be Able to Sell

Be Diligent Throughout the Process

Did You Know That You Can Get Help?

Make Your PCB Timeshare a Thing of the Past

Traveling to Panama City Beach is an exciting opportunity for individuals and families alike. The attractions in this part of Florida are many, including the iconic beautiful beaches, restaurants and bars, entertainment venues, and on and on. While Spring Break is particularly notable in Panama City Beach, the reality is that this location is popular throughout the year – and for good reason.

One of the many ways to travel to Panama City Beach is to own a timeshare in the area. If you are a timeshare owner here, you may have had some great trips – but you also may be growing tired of dealing with maintenance fees, assessments, lacking availability, and more. To make a switch and go back to just booking Panama City Beach vacations one at a time instead of owning a timeshare, you’ll need to find a way to cancel or otherwise get rid of your contract first. Let’s take a closer look at that topic below.

Start with the Cancellation Window

Although many timeshare buyers aren’t aware of it, there is a legally required window during which you will be able to cancel your purchase of a timeshare without losing any money. This is commonly known as a cooling-off period after a major purchase. In the state of Florida, you should have 10 days to notify the developer or resort that you no longer wish to buy the timeshare. If it so happens that you are reading this page while that window is still open, stop what you are doing and reach out to the developer immediately. This is the best way to cancel your timeshare and save yourself from plenty of future frustration.

Don’t worry about getting pushback from the developer and the people on their team that you deal with. Sure, they may try to talk you out of this change of heart, and they might even make you an additional offer to sweeten the deal if you decide to stay, but you are protected by the law. If it is your wish to cancel the timeshare purchase, and you are still within the window that is provided by the state of Florida, there won’t be anything they can do about it.

Remember to think about the money that you handed over to the developer when you signed the paperwork and agreed to make the purchase. You need to confirm that all of the money will be returned to you, and how you will get it back. This can vary from situation to situation and will depend on if you started the process of taking out a loan to pay for the timeshare. Follow up on everything and don’t consider this matter finished until all of your money is accounted for properly.

Some Developers Offer Options

Let’s assume for the rest of this article that you are beyond the cooling-off period in the state of Florida and now need to consider other options in an effort to get rid of your timeshare. What can you do? Surprisingly, the first step you should take is actually the same as the step we recommended that you take in the previous section – contact the developer directly. You won’t have the legal right to cancel the timeshare like you would have within the first 10 days, but you still might have options.

Even if you have been unhappy with your timeshare for years, your developer has no way to know that is the case. So, reach out, explain your situation, and see if there are any options available. They might have a program that gives you the opportunity to give back your ownership stake, while getting nothing in return. Or, they might ask that you pay a fee in order to get out of your contract. You’ll be under no obligation to actually take these options, of course, but you can at least find out what is available and go from there.

You should know that it is entirely possible that nothing will be available to you in this way. There might be no programs offered by the developer of the timeshare property, and they might simply tell you that you’ll need to keep paying your maintenance fees and assessments. This is their legal right, as frustrating as it might be to hear over the phone.

You Might Be Able to Sell

If there are no viable paths to work with the developer to get rid of your timeshare in Panama City Beach, the next step in this process is to think about selling the timeshare on your own. There are platforms that exist solely for the purpose of helping you to sell a timeshare, where buyers and sellers can come together to make deals. You might as well give this a try when you are ready to be done with the timeshare experience, but understand that it will be an uphill battle.

The problem with trying to sell a timeshare is the extremely lackluster market waiting to make a purchase on the other side. You know all of those reasons you have rolling around in your head for wanting to get rid of the timeshare? Potential buyers understand those reasons, as well, which is why they will be very wary of making such a purchase.

Be Diligent Throughout the Process

When you first decided to purchase a timeshare in Panama City Beach, you did so thinking it would add fun and relaxation to your life. At this point, you are probably feeling like it did just the opposite. As you seek to get away from the timeshare, you’re probably tired of dealing with the hassles that it has brought into your life, and you’d love it if the whole thing would just go away.

In your rush to make it go away, however, you don’t want to make any mistakes that could come back to cost you later on. One such mistake would be to fail to save records of any communications that take place between yourself and the timeshare resort on your way toward canceling the contract. It’s not good enough to just hear something over the phone and trust that it will be honored – get everything in writing so you have solid proof and can point to that proof, if needed in the future.

In the electronic age, it’s easy enough to save things like emails that you trade back and forth with the developer so you can prove who said what and when. Just store those away in a folder somewhere and hopefully you will never need them later on. Of course, if anything is sent to you through the traditional mail, be sure to hold onto that as well, even if it doesn’t seem particularly important.

Did You Know That You Can Get Help?

While it might feel like you are all alone in the battle to get rid of your timeshare, that doesn’t have to be the case. Since so many other people feel the same way and are trying to get out of their own ownership situation, companies have been developed to serve people with the same problem as you. Timeshare exit companies exist to help people leave their timeshares through one means or another. If all of the other options available to you aren’t leading anywhere and you are getting frustrated with the situation, reaching out for professional help is a smart move.

This plan needs to come with a warning, however. Not all timeshare exit companies are worth your time and attention, and definitely not your money. Some don’t have much experience at all in the industry and are just hoping to get people to sign up for their services out of desperation. You don’t want to put yourself in their company, as you’ll only be making a bad situation worse. Instead, aim to team up with a proven exit company that is going to fight for you and will use a variety of tactics to seek results.

You can also leverage the security of an escrow account to make sure you get what you pay for with these services. The best ones will use escrow to hold your money at the start of the process so that both sides are protected. Then, when the exit company gets the job done and you are free from your timeshare, their money will be released and the process will be completed. You will enjoy the peace of mind that comes from having your money in escrow as opposed to just handing it over and hoping that you get good results.

Make Your PCB Timeshare a Thing of the Past

Traveling to Panama City Beach is a great experience, but owning a timeshare is not. Fortunately, you don’t have to do both. Give us a call at 833-416-8796 or use our live chat to get started finding a way out of your timeshare. Once you’ve moved on, you can then be free to schedule trips to Panama City Beach whenever you’d like, and to whatever resorts you choose. It will be a great feeling!

How to Cancel My Timeshare in Las Vegas?

Table of Contents

It Might Not Be Too Late to Cancel

Communicate with the Developer

Selling Timeshares is Hard, But Not Impossible

Don’t Rely on Trust in This Process

Help is Available

There Are so Many Ways to See Las Vegas

For many people, all it takes is a single trip to Las Vegas to be hooked. One of the incredible things about this popular destination is the variety of entertainment opportunities that are all located within just a few miles of each other. Whether it’s the gambling, the shows and concerts, the sporting events, the dining, the nightlife, or a little bit of everything that you love, Las Vegas always delivers.

Given the endless things to do in and around Vegas, you might have found yourself at one point thinking that owning a timeshare in this city would be a great experience. Make no mistake, the salespeople trying to convince visitors to buy timeshares are everywhere, and you might have been approached in a casino or just out walking along The Strip. However it happened, if you own a timeshare in Las Vegas and would like to end that ownership as soon as possible, this page should be helpful.

It Might Not Be Too Late to Cancel

If you have just gotten home from a trip to Vegas, where you agreed to purchase a timeshare, you might now be having second thoughts. You’ve had some time to think a little more carefully about what timeshare ownership will mean, and now that you are away from the sales presentation, the whole experience doesn’t sound so appealing. Is it too late to get out of it and reverse what you have done?

Not necessarily. The state of Nevada offers a five-day cooling-off period that allows buyers of timeshares to cancel their purchase with no ramifications. So, you don’t have a lot of time, but if you’ve just signed the papers within the last couple of days and now want to reverse course, you will have legal standing to do so.

The next step is to contact the developer immediately. You don’t want to allow that five-day period to elapse and leave you stuck with a timeshare that you no longer want to own. The developer isn’t going to be thrilled with the change of heart, but they are legally required to honor your wishes within this time period. Keep a record of all interactions you have with the company during this time in case there are any disputes that come up later where they try to hold you to the purchase and don’t want to honor your cancelation.

Communicate with the Developer

If you are able to get back to the developer within the cooling-off period and ask to cancel your Las Vegas timeshare purchase, they’ll have to cooperate. After that, however, you are a legal owner and you won’t be able to get out of this situation so easily. That’s not to say that there is nothing you can do, however. As a first step, go ahead and reach out to the developer to see if they are willing to negotiate an end to your ownership experience.

In some cases, timeshare developers and resorts will have programs in place where people can give back their timeshares without any penalty, or for a small cost. There has been pressure to create these kinds of programs because so many people are dissatisfied with their experience and many just want to get out. Remember, the timeshare isn’t legally obligated to let you out at this point, and there is no guarantee that they will have anything to offer you in terms of an exit deal. All you can do is ask, and if nothing is available, you’ll then need to look into other possibilities.

Selling Timeshares is Hard, But Not Impossible

One of the reasons that so many people are trying to give their timeshares back to the developer is that they haven’t been able to sell the timeshare on the open market. Obviously, if you can sell your timeshare and get something back for it, that would be an ideal outcome. You’d recoup some of your initial investment that way, and you would be free from the ongoing maintenance fees and assessments.

As you can probably tell by now in this article, however, there aren’t a lot of people who want to buy a timeshare. The issues that come with timeshares are relatively well-known, and people are hesitant to get involved with something that could cost them a lot of money moving forward. With all of that said, it shouldn’t cost you anything to attempt to sell your timeshare, so it might be worth a try. Simply listing the timeshare for sale and seeing if anyone comes along with an interest in making a purchase won’t take up much of your time.

If you decide to give this a shot, consider listing your timeshare for just a single dollar (unless you know for some reason that the type of Las Vegas timeshare you own is appealing to buyers). The goal here, more than anything else, is to get away from the future costs you are going to incur with the timeshare. Even if you only get $1 on the sale, you will be able to hand over the legal obligation that comes with being an owner and you can start saving on those maintenance fees and assessments right away.

Don’t Rely on Trust in This Process

It’s a great thing to trust people in life, but there are times when it’s better to be a little more practical and cautious about how things might go. If you are discussing anything with your timeshare developer about getting out of your contract – or, really, changing anything about your contract – you don’t want to rely on trust. That’s not to say that the developer will be trying to cheat you or do something dishonest, but you simply don’t want to take any chances.

So, what does this mean? It’s critical to document everything that goes on between you and the developer or resort. So, if you email with a manager about canceling your ownership through an available program, for example, you need to keep all of those emails. In fact, you might want to consider printing them out just so you have another form of a copy. It’s not uncommon for the story that you get from a timeshare company to change from one person to the next within that company, and you don’t want those discrepancies to cause problems once you think you have a deal.

It’s also important to keep documentation after you have severed ties with your timeshare in Las Vegas. If a random bill shows up in the mail one day from the developer, you want to be able to prove that you are no longer an owner and are not responsible for the bill. Again, that’s not to say that something like this will certainly happen, it’s just to say that it could happen, and you are always better off playing it safe than being sorry later.

Help is Available

At times, it can feel like you are fighting an impossible battle when trying to deal with a large timeshare developer all on your own. They have a large team, including plenty of lawyers, and you don’t feel like you have a leg to stand on when trying to find a way out. If you are tired of taking on this battle on your own, consider getting some help to start to make progress and get a little closer to life as a non-timeshare owner once again.

Help is available in the form of timeshare exit companies. These companies, as the name would suggest, exist solely to help people find a way to get out of their timeshare contracts moving forward. It’s not always easy, but there are options that can be explored for those who reach out for help. Teaming up with a business that specializes in this kind of exit might be your best chance at finally moving past your Las Vegas timeshare.

It is important to note that not all of these timeshare exit companies can be trusted with your money. Some of them are excellent, and some are mostly trying to make a quick buck at the expense of people who are just frustrated enough with their timeshare to try anything. Of course, you want to make sure you are working with one of the good ones, and that starts by making sure they are going to use an escrow service to hold any money that you pay. Putting your money into escrow at the start – instead of directly into the pockets of the exit company – will provide you with some insurance and help you have recourse in case they don’t deliver as promised.

There Are So Many Ways to See Las Vegas

With more hotel rooms than any city in the world, you don’t need to own a timeshare in Las Vegas to enjoy Sin City. If you find yourself in a situation where you own a timeshare in Las Vegas and you’d rather not be burdened by that ownership any longer, we are here to help. Give us a call today at
833-416-8796
to learn more about your options and to figure out what next steps you are going to take. If you’d prefer, you can also get in touch with us via our live chat feature. It’s time to get the help you deserve!

How to Cancel My Timeshare in Orlando?

Table of Contents

Act Quickly if You Just Purchased

Reach Out Directly for Help

Could You Sell Your Orlando Timeshare?

Keep Track of All Interactions

Turn to Experienced Professionals

Upgrade Your Orlando Experience

The popularity of Orlando as a travel destination needs no introduction. As the home of many famous parks, plenty of sunshine, and nearly endless outdoor activities, there are countless reasons to travel to the central part of Florida. Not only are there many standard hotels and resorts in this area, but there are also a tremendous number of timeshare properties that attempt to sell visitors on the benefits of becoming an owner to return time and time again.

Unfortunately, owning a timeshare rarely works out to be a good experience. That’s not to say that visiting Orlando isn’t a worthwhile endeavor – many people love this place and it’s sure to remain a popular tourist destination for many years to come. But you don’t have to be a timeshare owner to visit Orlando, and you can certainly do it in a way that isn’t as expensive and doesn’t come with as many obligations. Let’s explore below how you might be able to get out of your Orlando timeshare if you are ready to be done with this experience.

Act Quickly if You Just Purchased

The best way to get out of a timeshare is to cancel it almost immediately after you agree to make the purchase. This might sound unusual, but it actually happens quite often – there is a cooling-off period in place for these kinds of purchases in the state of Florida, and it may extend up to 10 days after you sign the paperwork. So, if you are reading this article after recently purchasing a timeshare but now you are thinking twice about what you have done, it might not be too late.

There is no time to waste, however. If you are still within the range for the cooling-off period, you need to act right away to contact the developer and ask to cancel. They might not be happy about it, but they’ve been through this before with other buyers and are familiar with the process. Of course, they are likely to attempt to talk you out of your change of heart, because they certainly don’t want to lose a sale. Make up your mind before calling that you are determined to cancel this Orlando timeshare and don’t let anything they say move you in another direction.

Reach Out Directly for Help

If you purchased your timeshare too long ago to have any chance of utilizing the cooling-off period, your next step is actually still going to look quite similar – contact the resort or developer directly to ask about your options. Tell them that you no longer want to own this Orlando timeshare and you would like to learn about any programs that they have available to make that happen.

You should understand from the start that it’s very possible – and even likely – that they will have no such programs available for you to use. But it’s still a good idea to start in this direction because you don’t want to miss out on something that could be an easy path to get away from the timeshare. Some developers offer a give-back program for owners who just want to be done, while others might have an offer where you can pay them a certain amount to end your contract. Whatever the case, always look into the details and get everything in writing before you proceed.

Despite the frustration that is almost certainly going to be involved with trying to get rid of your timeshare, don’t let that get the best of you during this process. Remain calm and professional when dealing with the developer, as losing your temper is only going to make things more difficult. It’s understandable to be frustrated when working with a timeshare company that doesn’t seem to care about the satisfaction of its owners, but that’s just the reality of the situation that you are in. See the big picture and do what you can to find your way out of this situation as soon as possible.

Could You Sell Your Orlando Timeshare?

Since you do own a piece of this timeshare property or group in Orlando, you do have the right to sell that ownership stake. It’s an option to explore the sale of your timeshare as a way to exit cleanly – and maybe even get a little bit of money back for your trouble. Sadly, it’s unlikely that you will wind up getting much money in return for the timeshare at all, and you might find that there simply aren’t any buyers out there willing to engage with you on a purchase.

The problem here is that the timeshare you own has basically no intrinsic value attached to it. No matter what you may have paid when you first made the purchase, the timeshare isn’t valuable inherently – it only has worth if there are willing buyers out there to take it over from you. That’s where it gets tricky, as people are going to be rightfully hesitant to become an owner of an Orlando timeshare that includes obligations for maintenance fees and assessments.

To try selling your timeshare, look for online platforms that specialize in that kind of deal, or even try classified ads where you can add a listing and see what happens. The lower the listing price to attach to the timeshare, of course, the more likely it is that people will be interested. Go through some type of trusted channel to interact with a potential buyer to protect both parties if money does change hands. And, once you have closed a sale, keep the documentation so you can prove to the timeshare in the future that you are no longer the owner, if necessary.

Keep Track of All Interactions

The idea of keeping a “paper trail” in this day and age is a little bit out of date. Most things are done digitally today, so you probably have hard copies of very few things in your life. With that said, you need to make sure that you have a record of your interactions with your timeshare developer in Orlando, no matter if those records are physical or digital. It’s a good idea to hang onto anything you have that proves how your interactions have gone with the company, and it’s even more important if you are trying to cancel the timeshare and they start to change their story about what was offered or how you can get out.

Most likely, you’ll be using email messages to communicate with the developer and discuss the options for exiting. If there are such emails taking place, never delete them – always save those messages in a dedicated folder, and consider backing them up somewhere else just in case. You can’t be too careful with something like this, as being able to prove what was said later on could make all the difference.

Beyond emails, you’ll want to file away anything that the developer sends you in the mail, or anything you can print off the computer for your own records. There can be significant sums of money at play when dealing with a timeshare, so leaving things to chance or just trusting that you are going to be treated fairly really isn’t a good plan.

Turn to Experienced Professionals

If you have owned your Orlando timeshare for a while, you already understand that the timeshare experience often isn’t a good one. You are far from the only person who is feeling this way, and plenty of other people would like to cancel their timeshares as soon as possible, as well.

Given that strong demand for getting out of timeshares, it should be no surprise that a small industry has sprung up on this very topic. More and more timeshare exit companies are entering the market with the goal of helping owners cancel their accounts so they can move on and be free of the responsibilities of an owner. While some of these services are better than others, you might want to turn in this direction if you are struggling to make progress with any of the tactics we have discussed so far.

With so many options to pick from in this space, you should be able to find a good one if you just take a bit of time to review your options and compare their various services to your needs. One thing to keep in mind is that it’s a good idea to find a company that is going to offer an escrow service to hold your money while they are working on the case. If you pay the exit company up front and have no protection, you could be left out in the cold if they don’t deliver. The best timeshare exit companies use escrow for the protection of the customer, so don’t neglect to utilize that option.

Upgrade Your Orlando Experience

Selling your timeshare in the Orlando area doesn’t mean you have to give up on visiting Orlando with family and friends in the future. In fact, you might find that you enjoy Orlando more than ever before once you are free of your timeshare and can just book accommodations at whatever location you would like, and whenever you want to travel. Call us now at
833-416-8796 to learn more about the options that you can explore for getting away from this timeshare or use our live chat feature. You’ll be in good hands with our team!

How to Cancel My Timeshare in Boca Raton?

Table of Contents

How Long Has It Been?

Direct Contact is the First Step

Exploring the Possibility of a Sale

Always Keep Your Documentation

Getting Specialized Help

Is Today the Day?

If you are a timeshare owner with a resort in the Boca Raton area, it’s certainly easy to see what first drew you to join such a property in this location. With an incredible amount of sunshine throughout the year, warm temperatures, beautiful beaches, and plenty of tasty food nearby, it’s an attractive spot to take memorable vacations.

Given those many appealing features, it’s easy to see how you might find yourself in a position where you own a timeshare in the Boca Raton area. Perhaps you took a trip to a resort at one point and found yourself in a sales presentation where you were told of all the great benefits of being a timeshare owner. Or, maybe you inherited a timeshare from a family member and took over the maintenance fee payments without thinking twice about what it would mean in the long run.

Should you happen to be a Boca Raton timeshare owner who is not happy with the experience, you may now be focused on finding a way to get out. This article will highlight some of the techniques that might be useful as you try to find a way to move on as soon as possible.

How Long Has It Been?

Without a doubt, the first place to start is to think about how long it has been since you purchased your Boca Raton timeshare. Did this purchase just happen? If you are coming down from the experience of making this purchase and you are now having second thoughts, it might not be too late to get out of it.

In the state of Florida, you may have as long as 10 days after you make the purchase to decide that you’d actually like to cancel your purchase and get out of the contract. The timeshare developers are familiar with these rules and will have to comply with your request if you make it in time. So, don’t delay – if you feel like a Boca Raton timeshare isn’t actually right for you, and the cooling-off period hasn’t expired, take a moment immediately to reach out and discuss how you can cancel the timeshare and get your money back for the purchase.

Many people aren’t aware of this period during which a timeshare can be canceled, and the timeshare developers and salespeople certainly aren’t going to promote it or make you aware of how it works. Not only is this information helpful to you if there is still time to cancel, but be sure to let anyone else you know who has been to a timeshare presentation that they might have time to get out of it before they are stuck.

Direct Contact is the First Step

At this point, we are going to assume that you have owned the timeshare for too long to simply cancel under the cooling-off period. Maybe you have owned the timeshare for a few weeks or months – or maybe it has been years. Whatever the case may be, you’ll need to look at other options to attempt to cancel your ownership.

As a starting point, give a call to your resort or developer to ask about any programs they might have available to get out of your timeshare. Because of the significant demand from people who would like to get away from ownership, many developers have programs in place where owners can give back their ownership rights, or perhaps pay a fee to get out. There is no guarantee that your developer will have such an option available to you, but it’s definitely worth a try. Use this as a starting point as it is a simple option if there is something available that you qualify to use.

Exploring the Possibility of a Sale

One of the biggest misunderstandings in the world of timeshares is the idea that it will be easy to sell a timeshare once you are done using it. This point might even be mentioned in the sales presentation that you attended at the start. The salesperson might allude to the fact that you will be free to sell the timeshare in the future if you so choose, maybe even making this seem like a good investment. It’s not a good investment, however, and while you are free to sell the timeshare, you might find that no one wants to actually buy it.

The problems here are many. First, the price you paid upfront for your timeshare has nothing to do with the actual market value of the ownership rights, which may be close to zero in reality. So, if you go into the sale process thinking you can start the bidding around what you originally paid – or even higher, since some time has passed – you’ll be disappointed in what happens from there. Take a look around on the web in places where timeshares are sold by owners and you’ll see that plenty of them are available for as little as a dollar.

In addition to the questionable value of the timeshare, there is also the important matter of maintenance fees and assessments to consider. Whoever buys your timeshare will become responsible for the fees you are trying to avoid. If you want to get out, why would someone else want to get in? The very things that you are tired of with your timeshare are the things that your prospective buyers are going to be hesitant about accepting.

It is not impossible to sell a timeshare, but it is quite difficult. If you are going to try to sell yours, be prepared to stay patient and don’t expect to get much in return. In fact, if you can simply get someone to agree to take over ownership and free you from the contract, that should be seen as a win.

Always Keep Your Documentation

Throughout the process of trying to cancel your timeshare, you might wind up communicating with your timeshare developer in one way or another. Throughout those communications, it’s possible that you will be offered something by one person, only to be told by another that such an offer isn’t available. Whatever the case may be, the best course of action in this process is to keep records of all communications in case disputes come up later.

For example, if you are emailing back and forth with people who work for the timeshare, you’ll want to hang onto all of those messages. You can’t necessarily trust the timeshares to deal with you fairly or honestly, so don’t take anything for granted. Create a folder in your email account that is dedicated to such messages and hold them there for as long as necessary. With any luck, you’ll never need to dig these messages out again, but if you do, you’ll be glad that you held onto them. The same goes for anything that you might get in the mail, or through any other form of communication. When someone offers you something over the phone, ask to get it in writing, if at all possible.

Getting Specialized Help

We’d like to tell you that it will be easy enough to cancel your timeshare in Boca Raton using one of the available paths, but that isn’t necessarily the case. It can be quite difficult to make a cancellation happen, and sometimes you will feel like it is going to be impossible. Remember to be patient and stick with it until the job is done, and don’t be afraid to get professional help to improve your chances of success.

Working with a timeshare exit company is an excellent plan for Boca Raton timeshare owners who feel like they are out of options. Maybe you already tried to sell your timeshare on the open market with no success, and you reached out to the developer and were told there was nothing they could do. Rather than giving up and just accepting your reality as a timeshare owner, try using a timeshare exit company to finally finish the job.

Our best advice in terms of timeshare exit companies is to work with one that uses an escrow service to hold your money. If you just pay a company to get you out of your timeshare, and then they don’t deliver, you’ll be out that money and in an even worse position. With the help of escrow , you’ll have some protection against that result, as the money will be held until you are happy with the service you’ve received.

Is Today the Day?

You might feel like just trying to put off canceling your timeshare in Boca Raton, but that isn’t going to get you any closer to the future you desire. Rather than putting this off any longer, call us right now at 833-416-8796 and start to move in the right direction. It’s also easy to reach out to us by using the chat feature on our site to ask any questions you might have. Jump into action immediately and start looking forward to a timeshare-free future!

Do Timeshares Expire?

Table of Contents

Usually, The Answer is No

Always Check the Fine Print

This is Why You Need to Think Carefully

Looking for Other Ways to Leave

Put the Right Team on Your Side

One of the many tricky things about timeshares is that there seems to be plenty of questionable, inconsistent information out there about what they are, what they aren’t, and how they work. Sadly, the timeshare developers and resorts themselves are largely responsible for this muddy landscape, as it is often in their favor to make clear answers hard to come by.

As with anything else, if you are going to make good decisions regarding timeshares, you need to have as much information as possible. Toward that end, this article is going to talk about whether or not timeshares expire and how that factor should influence your thinking about buying or owning one for your family to use. Let’s get started!

Usually, the Answer is No

Generally speaking, timeshares do not come with an expiration date. The simplest way to think about this is to think about what would happen when you purchase a home. If you buy a home, does that purchase expire at a set date in the future? Of course not – you own it until you are done with it. In fact, that ownership extends even after your own passing. If you were to die while still owning a piece of real estate, it would become part of your estate and be passed along to your heirs.

The story is basically the same with a timeshare. Once you make this purchase and officially become a timeshare owner, you shouldn’t expect that ownership to end at any specified time. With some rare exceptions, you will own the timeshare in perpetuity, until you take some type of action to end your ownership (more on that later on this page).

From one perspective, you could see this as a good thing. Once you spend the money upfront to buy a timeshare, you have the ability – and the right – to keep enjoying vacations to that timeshare over and over again as the years go by. If everything goes well, you can take countless trips with family and friends to wonderful destinations and make memories that will last a lifetime.

That’s the optimistic, positive way to look at it, but there is another side to consider. Along with the rights of timeshare ownership come the responsibilities, including the obligation to pay maintenance fees and assessments when they come along. Those costs aren’t minor, and you might find that you get tired of making these payments in the long run. In fact, you might not feel like you are getting your money’s worth with regard to how much you have to spend and how much you are able to travel. When viewed this way, the fact that your timeshare doesn’t expire will start to feel more like a burden than anything else.

Always Check the Fine Print

If you are thinking about purchasing a timeshare in the near future, it’s critical to check into the fine print of the agreement that you are signing. To be sure, everything is going to sound great when presented to you by the salesperson in charge of the presentation that you are attending. The fine print of the contract isn’t going to be highlighted in that setting – it will just be pictures of beautiful places, featuring beautiful people, and you’ll get excited about the opportunity.

But you always want to know what you are getting into when you sign up for something as costly – and long-lasting – as a timeshare. If the timeshare you purchase isn’t going to expire, you need to make sure that you are comfortable with the terms of the agreement and how they impact you moving forward. What do the maintenance fees look like and how much will they increase over time? When can you face an assessment, for what reasons, and how long will you have to make those payments? Don’t assume that everything will just go well for years to come. Think about these points and more and get all of the answers you need to be comfortable with a purchase before you start to think about financing and taking the leap to sign the contract.

This is Why You Need to Think Carefully

There are a few reasons that you need to think critically about making a timeshare purchase before you actually do it. The first, of course, is that timeshares can be quite expensive – you may be looking at spending tens of thousands of dollars or more on your timeshare, so you don’t want to rush into a buying decision with such a significant price tag attached.

The price tag of your timeshare is only the start of the discussion, however. Perhaps even a bigger factor is the difficulty that you will likely have getting rid of the timeshare when you want to be done. Perhaps the best way to think about this issue is to contrast it with the process of buying and selling a traditional single-family home. Through this lens, you’ll be able to see that purchasing a timeshare actually needs to be considered more carefully than the purchase of a home.

When you buy a house, you are getting a physical asset with a known value on the open market. Of course, that value can go up and down with the market around it, but it’s almost certain that the value won’t go to zero. When you are done with the house and you want to sell it, doing so will be no problem. Even if the market has declined – maybe you purchased the house for $300,000 and now it’s only worth $250,000 – it still has meaningful value left and you’ll have buyers available to make offers.

This usually isn’t what happens with timeshares. If you want to be done with your timeshare, you can try to sell it – but you might find that it has virtually no value on the open market. The price you paid initially for the timeshare will have no bearing at all on what someone might be willing to pay you to take over ownership. Many timeshare owners find that no one wants to buy their timeshare at any price, which is something that just doesn’t happen with regular real estate.

Looking for Other Ways to Leave

Most likely, you aren’t going to be able to rely on an expiration date to get you out of your timeshare ownership. If that isn’t going to happen, then it will be on you to find another way to end this relationship, if you choose to do so. Getting out of a timeshare can save you a significant amount of money over the long run and will open up many new possibilities for vacations moving forward.

Of course, we’ve already talked about the challenges you are likely to find when trying to sell a timeshare. You can certainly give it a shot, and perhaps you’ll be fortunate to find someone who is willing to take over ownership, but you don’t really want to count on this being successful. If you are going to have any chance of selling your timeshare and getting out of the responsibilities of ownership, throw out the notion of recovering a significant portion of what you spent initially. Most likely, that money is gone, and it isn’t coming back. Instead, accept that you might need to sell for as little as a dollar just to get someone else to become responsible for the account.

If it proves to be the case that you can’t sell your timeshare, there might be some other options available to you. For instance, you can call the developer or resort directly and ask about any programs that they may have in place to take back your ownership or allow you to exit for a fee. There is no guarantee that this kind of program will be available, or that you will qualify, but you can explore the possibility as it might prove that this will end up being the easiest way to get out and move on.

Should those two previous options fail you, the next course of action may be to reach out to a timeshare exit company with the goal of getting out of your contract as soon as possible. A good timeshare exit company will pursue a variety of methods to find a way out of the contract, but you need to be careful when picking a partner to work with in this space. Rather than choosing the first company you find, instead, take your time to pick one that is going to use a third-party escrow service to hold your money while they are working on getting results. This protection is critical so don’t use an exit service that doesn’t offer this feature.

Put the Right Team on Your Side

It’s not always easy to find good help when it comes to getting rid of a timeshare, but you have landed on the right source for this project. Give us a call right away at
833-416-8796
to learn more about what options are available and how you might be able to escape your timeshare in the near future. You are also welcome to use the live chat feature on our site to get in touch. However we hear from you, our team is excited to get started on this important matter!

Can You Get Rid of Palmera Vacation Club?

Table of Contents

What is Palmera Vacation Club?

Understanding the Desire to Exit

It’s Unlikely to Be Easy

Seeing the Big Picture

Getting the Right Kind of Help

Seeing a Path Forward

Are you a Palmera Vacation Club timeshare owner? There are many owners within this organization, and some would prefer to get out of their ownership and move on with life as soon as possible. If that sounds like you, take a moment to review the page below and consider the options that may be available to make that happen.

Timeshares are one of those things that sound better upfront than they prove to be in reality. It’s often the case that timeshare owners aren’t able to get the kind of value they expect from being an owner, especially in light of how much money it costs to both purchase and maintain the account. Getting rid of your timeshare can be tricky but it’s only going to happen if you get started on the process right away.

What is Palmera Vacation Club?

Palmera Vacation Club is a timeshare based on Hilton Head Island. The primary offer that is made to prospective buyers who are considering joining this club is access to the four resorts that the club operates in Hilton Head. Those resorts are Coral Sands, Island Links, Port O’Call, and Coral Reef. While physically located near each other, each resort offers something a bit different, so owners can choose where they want to take their trips.

In addition to having access to the resorts at Hilton Head, owners will also be a part of the massive network of RCI Affiliated Resorts. That network includes more than 4,000 properties around the globe, meaning it’s possible to take vacations as part of this system that reach far beyond South Carolina. When the salespeople who work for Palmera Vacation Club pitch the potential vacations that can be taken – both in Hilton Head and around the world – they have a powerful message that successfully convinces many people to take the plunge.

It’s the potential for travel freedom that makes these kinds of timeshares such a compelling sale. Rather than being committed to a single physical location, or even a group of locations within the same geographic area, owners have access to a global network. For someone who has been hesitant to buy a timeshare because they didn’t want to be locked into one spot year after year, this offer of flexibility may be the thing that gets them to sign on the dotted line.

Understanding the Desire to Exit

As with most timeshares, the shine and luster of what you will get when you join Palmera Vacation Club tends to wear off quickly once you begin to see what it’s like to actually be an owner. To be sure, the experience that you are sold in a brochure and during a sales pitch is not exactly in line with the real world.

One problem that many timeshare owners experience – whether it is with Palmera Vacation Club or other timeshare groups – is the inability to book trips exactly when and where they want. All of those beautiful pictures that you were shown during the timeshare sales presentation? They were certainly highlighting the featured properties within the program, but are they going to be available to you? And will they be available when the weather is great, and you want to take a trip? The answers to those questions, for many timeshare owners, aren’t always what they desire.

It’s going to be hard to get good value for your dollar from a timeshare like Palmera Vacation Club if you are unable to travel when and where you want. So, you might already be disappointed that availability isn’t what you expected, and it’s hard to get trips booked that will work for your family. Also, you might be surprised by how much the costs of ownership are adding up over the years. Between the upfront cost – which you might still be paying off – and the additional maintenance fees and possible assessments, timeshare ownership can be quite expensive.

At some point, you may come to the realization – like many timeshare owners – that you will be better off leaving this experience behind. If you are able to move on from your timeshare sooner rather than later, you could go back to just paying for one vacation at a time, whenever you decide to take them. This is a less stressful, more enjoyable way for most people to travel, and it usually comes at a far lower cost over the long run.

It’s Unlikely to Be Easy

Making the decision that you would like to exit your timeshare is usually a good step in the right direction for most people. You have gained clarity over the realities of timeshare ownership, and you have decided that it is not the right fit for you. But what’s next? This is where things can get tricky as getting out of a timeshare that you have agreed to purchase is not always as easy as you would like it to be.

The easiest possible way to get out of a timeshare is usually to simply give it back to the developer and wash your hands of the whole situation. If that is an option that is available to you, it’s worth carefully considering – as that offer might not be available forever, and you may find yourself later wishing that you had taken it. To find out about any programs that the timeshare has in place to allow owners to give up their ownership rights, simply contact the developer directly and explain your situation.

Of course, you should be prepared for the possibility that there won’t be anything available that is going to allow you to get out so easily. Many developers don’t have a “give back” program in place, or if they do, it comes with so many restrictions and limitations that it doesn’t practically work for most people. Without being able to voluntarily give up your timeshare and move on, you’ll need to get to work on exploring other possibilities to move forward.

Seeing the Big Picture

There are probably plenty of emotions running through you as the decision is made to attempt to get away from your timeshare. At the start of this process, you had high hopes for what the experience could be someday. Those hopes didn’t come true, or at least weren’t fully realized, and there may be some regret that comes along with having made the purchase. That’s understandable, but you don’t want to let your emotions get in the way of making a good decision that is going to help you move forward properly.

Part of seeing the big picture in this situation is making sure that nothing you do along the way is going to do lasting harm to your credit. If you stop making payments on your timeshare, your credit is going to take a hit – and that might not prove to be worth it in the end. Ultimately, the goal here is to get away from the timeshare and make sure it doesn’t keep dragging you and your family down for years to come. That might take some time to achieve, but with patience and good help, you will hopefully be able to bring that reality to life.

As you explore your options, you might endeavor to attempt to sell your timeshare to another buyer. This would be a great outcome if you could achieve it, but don’t expect an easy road. When the timeshare developer makes a sale, they have a trained team of sales professionals on the job to convince people that this is an opportunity they don’t want to miss. You won’t have that advantage, and you’ll be competing with countless other owners who would like to find a buyer and get out of their contract, as well. It’s possible to list your timeshare for sale online in the classifieds or on a platform designed to broker such deals, but don’t expect a sale to come easily.

Getting the Right Kind of Help

Because so many people purchase and own timeshares, and because so many people would like to get out of those timeshares, there has been an industry pop up around the task of getting away from timeshare ownership as quickly and easily as possible. This industry features some legitimate players who offer a valuable service to owners, and unfortunately, it also features some other entrants who seem set on doing little more than securing a quick buck.

One simple rule of thumb you can use to make sure you are staying safe while getting help with your timeshare is to use an exit company that offers third-party escrow as part of the process. This means that the money you pay to the company for their services is going to be held in an escrow account until the job is done. This gives you more security and peace of mind than just handing over your money at the start of the process and hoping that the company will deliver in the end.

Seeing a Path Forward

We understand that you might currently feel like there is no way out of your timeshare and no way to carve a path to a brighter future. Don’t give into those negative feelings, however – give us a call today at
833-416-8796 or use our live chat function to connect with a member of our team. We would be proud to assist!

Can You Get Rid of Unlimited Vacation Club?

Table of Contents

What is Unlimted Vacation Club?

Uncovering a Disappointing Truth

Is it Easy to Sell an Unlimited Vacation Club Timeshare?

Don’t Stand Still for Long

Consider Your Options Carefully

The Help You Need

If you have purchased a timeshare with Unlimited Vacation Club, you might find yourself feeling like you have made a mistake. If owning the timeshare is not what you expected, and you’d like to get out of it as soon as possible, the information on this page should be of assistance. You probably didn’t expect to find yourself at this point so soon as a timeshare owner, but know that you aren’t alone. Many others are in the same situation and would be happy to find a way to move on as soon as possible.

Unfortunately, right from the start we have to highlight the difficulty that many people find when trying to get rid of a timeshare. While you may run into some challenges in this process, it’s worth working hard to make this happen so you can free yourself from the burden and give your family a brighter financial future.

What is Unlimited Vacation Club?

Unlimited Vacation Club is billed as a luxury travel club providing members with access to exclusive resorts in some of the most attractive destinations in the world. To be sure, if you explore their website or any of their promotional materials, you’ll find photos of stunning locations that you may be able to visit as a member.

This “club” is promoted a little differently than many timeshare entities, but ultimately, the idea is more or less the same. When you become a member, you’ll have access to a collection of resorts in destinations in places like Europe and the Caribbean. Along with the beautiful pictures of some of the resorts, a long list of attractive benefits is often presented, including pools, access to food and drinks, maid service, entertainment, free Wi-Fi, and much more.

Without a doubt, the appeal of the potential vacations that could be taken through Unlimited Vacation Club is strong enough to convince many people to join, and perhaps you already find yourself in that boat. Just the name alone evokes images of spending most of your life traveling to great places to spend carefree days and nights exploring these exciting locales. It’s not hard to see how these memberships are sold to people with visions of transforming their lives and having one exciting adventure after the next.

Uncovering a Disappointing Truth

When you first chose to join Unlimited Vacation Club, you no doubt had grand visions in mind of taking memorable vacations with your family and friends. As time passes and you try to take those vacations, however, you are likely to gradually come to the realization that this experience is not what you thought it was going to be.

This has happened, sadly, to countless timeshare owners over the years. As they try to use the benefits they thought they were entitled to as an owner, they start to realize that things aren’t as simple as they are made to sound in the sales presentation. Yes, there are great resorts to access, and you might be able to enjoy a couple of trips, but other problems may present themselves that prevent you from feeling like you are truly getting good value for your money.

One of the primary problems found by timeshare owners is a lack of availability at the time and place that you want to travel. There are many members of the club, and only so many spaces are available at the most desirable times. So, you might find that you have to compromise on when or where you travel just to be able to successfully book a trip.

Even if you are able to secure a trip that is desirable to you, the experience might wind up costing you more than expected. Between the persistent maintenance fees and the other charges that you might incur when trying to book the ideal vacation, timeshare ownership frequently turns into something that is more expensive than what was expected at first.

Is It Easy to Sell an Unlimited Vacation Club Timeshare?

In a word, no. It is not easy to sell your ownership in Unlimited Vacation Club, or any other timeshare. The ownership stake that you have in this timeshare is almost certainly not worth in the open market what you paid for it initially, or even anything close to that number. If you take some time to look around the web, you will find that plenty of timeshares are available for sale, often for as little as a dollar. Countless owners just want to get out of their ownership, even if they don’t get any money back.

As a result, trying to sell your ownership in Unlimited Vacation Club is going to be difficult, to say the least. Anyone who purchases it from you will then become liable for the ongoing responsibilities of being an owner, which few will be willing to do. It’s usually the flashy, high-pressure sales pitches that manage to secure purchases for timeshares. Without that piece of the puzzle, people who are looking at timeshares objectively just on the basis of what value they offer for the costs they demand, the proposition usually looks like a bad deal.

At the same time, you can’t just drop your timeshare without some consequences. You are legally on the hook for the ongoing costs connected with being an owner, and you will be risking your credit – and even being taken to court – if you simply stop paying. This is why so many people are frustrated by what they experience with a timeshare. It’s expensive to get in and maintain your ownership, and it can feel impossible to get out.

Don’t Stand Still for Long

Given the frustration that is often felt when dealing with a timeshare that you no longer want to own, it’s understandable if you want to simply put your head in the sand and pretend like this problem doesn’t exist. Unfortunately, it’s not going to go away on its own, however, and the longer you just leave it alone, the more costs you are going to incur.

This is a problem that needs a solution, no matter how tricky it is to come to that solution. If you don’t address your Unlimited Vacation Club timeshare as soon as possible, there are a couple of things that are likely to happen. For one, the bills will keep coming, and you will either spend more money than you want on the timeshare, or you will fall behind and deal with the negative credit implications as a result. No matter how it plays out, you’ll have a negative experience, and you won’t be any closer to a solution if you just ignore the problem.

You are already taking a good step by researching information about how you can get out of your timeshare and what the options may be. As long as you make sure that this research turns into action, you can get started down the road of finally removing the Unlimited Vacation Club timeshare from the list of things you own and are responsible for moving forward.

Consider Your Options Carefully

As you work on moving forward to get rid of your Unlimited Vacation Club timeshare, it’s important to weigh all of the available options before you proceed. As mentioned above, you could try to sell your ownership, although that is likely to be difficult. You can list the timeshare in a free location like on Craigslist, or you could visit various websites that exist to broker deals between timeshare buyers and sellers. It’s hard to be optimistic about this approach working out, but you might feel like giving it a try.

From there, you can explore legal timeshare cancellations directly through Unlimited Vacation Club. Don’t just assume that there is nothing that they will be able to do for you. That might end up being the case, but reach out directly and ask about a “give back” or “deed back” program. This approach won’t allow you to recover any of the money that you have spent, but it could get you out from under the contract and let you move forward.

Also, you can work with a timeshare exit company to develop a strategy that will successfully free you from ownership. The key to using a timeshare exit company is to make sure that any fees you pay to that company are held in a third-party escrow account until the company is able to deliver results. Too many people have paid significant upfront fees to exit companies only to not get the outcome they desire later on. Using a company that offers escrow is some nice peace of mind in a situation that has already been challenging enough.

The Help You Need

Getting out of your Unlimited Vacation Club timeshare on your own can be a challenging process. Fortunately, you don’t have to do it all on your own, as we are here to help. You can contact us using the live chat feature here on the site, or by giving us a call at
833-416-8796. Either way, seek guidance from our team and you will be taking the first step on the path toward being free of your timeshare once and for all.

How to Cancel My Timeshare in Nevada?

Table of Contents

Look to Nevada Law to Rescue You

Communicate with the Developer About Cancelling

It’s Worth a Try to Sell your Timeshare

Record Everything That Happens for Use Later

Timeshare Exit Services Are Ready to Help

Leave Your Nevada Timeshare Behind

Among the 50 states, Nevada is unique in what it offers to residents and visitors alike. While it is known first and foremost for Las Vegas – Sin City – the state actually has countless acres of open land and is particularly rural outside of the hubs of Las Vegas and Reno. That means that many different types of people are drawn to Nevada, and it’s a popular destination for travelers who are looking for all kinds of different activities.

No matter where in Nevada you decided to purchase a timeshare, you might be ready to get out of that ownership deal as soon as possible. Timeshares often don’t work out positively for owners, and it’s common for people to wish to exit at some point after they make the purchase. With that in mind, we are going to use this page to help you understand what your options may be in this situation and how you can get the right help to leave your Nevada timeshare immediately.

Look to Nevada Law to Rescue You

For those who have just recently purchased a timeshare, there is some legal protection in the state of Nevada that you should understand. Unfortunately, this protection is only going to help people who have just signed their papers and now want to go back on that decision and get out of the agreement. If you have been a timeshare owner for months or years, this option isn’t going to help you and you’ll have to move onto some of the other possibilities.

The legal protection that you have available if you’ve purchased a Nevada timeshare very recently is known as a cooling-off period. In Nevada, that period is five days, meaning you have as many as five days after you sign the paperwork to cancel that purchase and get out of the deal. Should you happen to be reading this while you are still within that range on the calendar, do whatever you can to get in touch with the developer right away and tell them you would like to cancel. This is the easiest way to cancel a timeshare when the option exists, so don’t let this opportunity pass. Once the calendar flips from that fifth day over to the sixth, you’ll have a much more difficult time moving on from your ownership position.

Communicate with the Developer About Canceling

Like any relationship that isn’t going well, you probably don’t feel much like talking to the developer about anything. If you are ready to move on from the timeshare, it’s because you aren’t happy with what you have received, and you probably don’t think very positively about the resort and what it has meant to your life.

That’s the reality of the situation, but you should set those emotions to the side and reach out anyway to ask for help. In some cases, there are programs and other options available to help you escape the timeshare life and move on. It’s possible that the developer will have an option to simply give back your ownership and end the contract right then and there. Or, you might be able to pay a fee to get out, which could wind up saving you money in the long run as compared to having to keep up with paying maintenance fees and assessments moving forward.

Not all developers will have programs like this available, and some might have limitations or restrictions on who can give back their ownership and when. So, this is far from a guaranteed path to get away from ownership, but it is most certainly worth a try. If you are able to succeed, you’ll avoid the struggle of some of the other paths toward canceling, and you will feel a sense of relief that comes from no longer being legally obligated to the timeshare. And, of course, if it turns out that your Nevada timeshare doesn’t have any such path available to cancel, you can then move on to the other potential solutions.

It’s Worth a Try to Sell Your Timeshare

If there is an ideal solution in this situation, it is to be able to successfully sell your timeshare, so you don’t have to be an owner any longer – and you could maybe even get some money in exchange for your ownership. Why not try to recoup some of what you have spent along the way as you are leaving? That would be great, but while it isn’t necessarily impossible to bring this dream to life, it’s going to be tricky.

To understand why it’s hard to sell a timeshare, you only need to think about why you want to get rid of the timeshare in the first place. Are you tired of maintenance fees? Don’t want to be on the hook for assessments when they come up? Those are understandable positions, but prospective buyers are likely to feel exactly the same way. Most other people aren’t going to want to take on those financial obligations either, which is a big part of why timeshares are so hard for current owners to manage to sell.

You will need to be patient and have realistic expectations if you are going to sell your timeshare. Most likely, the sale price will be quite modest – it might not even be more than a dollar – but that kind of deal could still be worth it to you. Remember, the ultimate goal is to free yourself from the timeshare and the legal obligations that it contains, so getting much in the way of a sale price should be a secondary concern.

Record Everything That Happens for Use Later

We’re going to be rather honest at this point – you simply can’t trust the timeshare developer to treat you fairly in this process. That’s not to say that you won’t be treated fairly or honestly, but you can’t trust that it will play out that way. With a significant portion of your financial future at stake, it’s better not to take chances.

With this in mind, what you want to do is keep records of any communications that you have with the developer along the road toward trying to cancel. So, if they send you anything in the mail, or an email, you want to keep those records and know where they are in case you have to prove something later on. And, if you are talking on the phone with the developer and you are offered something or told something important, don’t just trust that the person who told you that is going to honor it later. Ask to get it in writing right away so there are no problems down the road.

Don’t feel bad about being a bit suspicious about this whole process and having doubts about how the timeshare will treat you. All you need to do is look out for yourself and your family in this situation. You can be sure the people on the timeshare side of the equation are going to be looking out for what’s most important for their business, and you don’t owe them anything. Think of this as a business transaction and always stand up for your side.

Timeshare Exit Services Are Ready to Help

We’ve given you some useful ideas so far on this page, but it’s possible that you go through various options and still find yourself the reluctant owner of a timeshare. That’s a position that countless people find themselves in across the country – not only people who own timeshares in Nevada, but also in many other locations.

Getting out of a timeshare in that situation isn’t impossible, but it is tricky. To get help, look to a timeshare exit service that has been designed to make it easier for people in your spot to finally escape. A good exit service will have lawyers and other professionals on their team to find ways to work through your contract and get out in one way or another. Each situation is unique, so it’s important to have a team that understands the industry and knows how to evaluate your circumstances before proceeding strategically.

If you are going to hire a timeshare exit company, only consider working with one that is going to use escrow to keep your money safe while they work. Putting your money in escrow is an important layer of protection that you don’t want to go without. Some timeshare exit companies will take money from customers and won’t wind up delivering meaningful results, which is why you don’t want to hand over your money at the start without any guarantee of an outcome. Use escrow and have some security while the exit company gets to work.

Leave Your Nevada Timeshare Behind

If you don’t want to own your Nevada timeshare any longer, it’s up to you to take the first steps in that direction. With that in mind, pick up the phone now and call us at
833-416-8796, or use our live chat feature to get started. Given the significant financial impact that a timeshare can have on the rest of your life, this is an important matter and you want to have the right partner on your side. We’d love to get started today!

Do I Own My Timeshare in Perpetuity?

Table of Contents

The Basics of Owning a Timeshare

It’s Not as Easy as Just Walking Away

Be Sure to Care for Your Credit

What About Selling Your Timeshare?

Looking for Ways to Move Forward?

Get Help Today

When you are first presented with the opportunity to purchase a timeshare, you probably aren’t thinking about the end of your ownership journey. Few people think about that part of the process in advance – at the time of the sales presentation, you are only thinking about the fun vacations you would be able to have if you were a timeshare owner. And, of course, the salespeople make the opportunity look awfully enticing, which makes it pretty hard to resist making the purchase.

Unfortunately, life tends to come at you fast, as the saying goes. Soon enough, you might be wondering why you got yourself into the situation of owning a timeshare in the first place, and what you might need to do to get out. Can you just walk away? Would it be possible to simply leave this whole experience in the past and move on with your life? We’ll explore those questions and more in the content below.

The Basics of Owning a Timeshare

When you purchase a timeshare, you are buying the right to use a given vacation property for a certain amount of time each year. The specifics of timeshare ownership vary wildly from one situation to the next, but the general idea remains the same across the board. You pay an upfront price to become an owner, and in exchange for that money, you gain some rights over what facilities you can use, and when you can use them.

In some cases, buying into a timeshare involves purchasing access to a single facility. There might be a beautiful resort in one of your favorite destinations that operates as a stand-alone timeshare, and you may decide – likely after a persuasive presentation – that you want to become an owner at that resort. Alternatively, there are timeshare programs that are based on points and provide owners with access to countless different locations around the world. The largest include access to thousands of properties, which makes it easy for owners’ minds to become filled with visions of taking one luxurious trip after the next.

To get back to the question from the title of this article, yes, you own your timeshare in perpetuity until you are able to end your ownership in one way or another (more on that later). It’s important for timeshare buyers to understand exactly what they are committing to when making this big purchase. Too many buyers think about the fun part at the start and discount the financial responsibility that they are taking on.

Those financial obligations are too significant to take for granted, however. For one thing, if you have to finance the purchase of the timeshare, you’ll be paying down that loan for a few years, along with the interest that it carries. Further, there are ongoing maintenance fees that you have to pay when you own a timeshare, and while they might sound modest at first, the numbers add up as the years go by.

That’s not where the financial obligations end, either. Timeshare owners are typically on the hook for occasional assessments as well, which can be one-time charges to raise money for things like updates to a resort or repairs after some damage is incurred. While assessments don’t happen all the time, they are always lingering out there as something that could jump up and endanger your financial situation. The fact that you do own your timeshare in perpetuity starts to look a little scarier when you think about the fact that these obligations are hanging over your head and won’t be going away anytime soon.

It’s Not as Easy as Just Walking Away

So, in the previous section, we have highlighted some of the issues that come with owning a timeshare, and it should be clear by now why many people will want to get out as soon as possible. With that in mind, can you just walk away from your ownership of a timeshare, ending those responsibilities and giving up your right to use the resorts in question? Unfortunately, it’s rarely that easy.

To be clear, some timeshares do offer a “give back” program that allows owners to exit the timeshare if they wish to do so. However, those programs are not always available, and may have restrictions that don’t make them a viable option in your case. If you don’t have the option to hand back your ownership to the timeshare company, you will need to work on seeking another way out when you are ready to be done.

Be Sure to Care for Your Credit

If you do start to think about ways to get rid of your timeshare, one important factor to keep in mind is the health of your credit score moving forward. Whether you are happy about it or not at this point, you do legally own the timeshare, and not holding up your responsibilities as an owner will have implications on your credit. Specifically, if you fail to keep up with payments on the loan that you used to purchase the timeshare, or if you stop paying maintenance fees or assessments, your credit is certain to take a notable hit.

That doesn’t mean that you should just sit back and remain a timeshare owner if you no longer want to have this be a part of your life. It simply means that however you decide to move forward, you should do so in a way that isn’t going to impact your credit, or is going to impact your credit as little as possible. It is likely to be a tricky process, and it might not transpire as quickly as you would like, but there is hope to find a light at the end of the tunnel.

What About Selling Your Timeshare?

Just like a house – which you also own in perpetuity until you move on – it’s possible to sell your timeshare to put an end to your ownership. If you sell the timeshare, you’ll receive something in exchange for the rights and responsibilities of ownership, and the new owner will need to deal with things like maintenance fees and assessments. So, if you are ready to move on, selling the timeshare is certainly going to be an appealing possibility.

There is only one problem – finding a willing buyer. It’s difficult, and sometimes virtually impossible, to find a buyer for a timeshare, even if you are basically willing to give it away for nothing. As you are now fully aware, the owner of a timeshare takes on responsibilities like paying the ongoing fees that come with that ownership. So, most people won’t take that obligation lightly, even in the face of being offered a timeshare for as little as a single dollar.

It can be difficult to get your mind around the fact that a timeshare you may have paid many thousands of dollars to purchase can be virtually worthless. That’s a tough reality to face, but it’s often how it goes. There simply isn’t a strong market for timeshares to be sold, and with so many available, the few buyers that are out there will have plenty of leverage to get the best possible deal. Any thoughts you might have had about recouping a significant portion of what you spent on the timeshare are going to fly out the window once you start to experience the realities of the market.

Looking for Ways to Move Forward

By now, it’s probably setting in that you aren’t in a great position as a timeshare owner who would rather move on. That’s frustrating, to be sure, but don’t let it get you down for long. Instead of dwelling on the situation that you are in, start to work on making progress on getting out of this tough spot so you can look forward to a brighter, freer financial future.

There are a variety of options for trying to get away from your timeshare, with some being more effective than others. You’ll need to think carefully about your situation to determine how you want to proceed. As a starting point, as was mentioned earlier on this page, you can simply contact the timeshare developer or resort directly to ask about any programs that they might have available. Negotiating directly with the developer isn’t always going to work out, but you don’t want to dive into other approaches until you at least give it a try.

From there, you can attempt to use other strategies, including using a company that specializes in timeshare exits. When going this route, be sure to partner with a business that is going to use a third-party escrow
service to hold the money you pay until the end of the process. Paying upfront for a service that may or may not wind up being successful would just be setting yourself up for further disappointment and frustration.

Get Help Today

Ready to take real, meaningful, concrete steps toward getting away from timeshare ownership? We’d love to help. Give us a call today at
833-416-8796 to discuss your options and learn more about what might be possible with a little help from experts in this space. Alternatively, you may wish to contact us through the chat feature right here on our site. Either way, no matter how you get in touch, we are looking forward to helping you move on with a brighter financial future.

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Always contact your resort or timeshare developer first before contacting a timeshare exit company. Some have exit programs of their own that can assist you with a timeshare cancellation

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