IHG timeshare, or Holiday Inn Club Vacations by IHG, is a timeshare resort developer with resorts all over the USA. One of the most popular IHG timeshares is the Orange Lake Resort in Orlando, FL. IHG timeshare cancellation will follow a similar process as an Orange Lake timeshare cancellation.
If you own an IHG timeshare and would like to get rid of it, you may be wondering what options you have. You can try to sell the timeshare, but many owners are unable to do so, even for as little as $1. For example, if you do a search on eBay for one of IHG’s most popular timeshares, “Orange Lake timeshare”, you’ll likely see several timeshares being advertised for sale for $1 with no bids.
If no one will buy the timeshare for $1, how can you get rid of it? You may consider walking away from your timeshare maintenance fees, but that would not be wise because there could be a negative impact made to your credit score. You may also consider donating the timeshare, but even that may be difficult to do. If you can’t sell the timeshare for $1, why would anyone, even a charity, want to be burdened with the maintenance fees?
You could try calling IHG and asking if they will take the timeshare back from you. In some cases, resorts have started taking timeshares back from owners. Typically, if you owe a mortgage on the timeshare, your chances of giving the timeshare back are usually lower, but this isn’t always the case.
If you can’t sell, can’t donate and can’t give it back to IHG, what other options do you have? Not many, which is why so many timeshare exit companies exist nowadays. These companies specialize in helping timeshare owners get rid of IHG timeshare.
Not all timeshare exit companies are the same. Some exit companies work with lawyers that attempt to get you out of your timeshare if you feel you were lied to during the sales presentations. Other exit companies do not work with lawyers and simply help to guide owners through the foreclosure process once an owner has decided to stop paying their timeshare maintenance fees on their own. If you inherited the timeshare from a family member, many timeshare exit companies that work with lawyers will not be able to help you because your family member may have been lied to but you were not.
No matter what you decided to do, our advice does not change. We only recommend working with companies that offer an escrow payment option, so the timeshare exit or resale firm is only paid AFTER your timeshare has been cancelled or sold. This holds the timeshare exit or resale firm accountable because they are not paid until after they have successfully helped you get out of IHG timeshare. Learn more about escrow and why it’s important here.
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