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!