Last updated September 6th, 2022
Interval International is a vacation exchange network that timeshare owners can use to exchange their timeshare for a different location. With resorts in every continent, and resorts that offer top quality amenities to their guests you may have been tempted into purchasing a timeshare just to be able to use Interval International. The problem with Interval International timeshare cancellation is that II is not a timeshare. It is an exchange network. So if you’re wondering how to get rid of Interval timeshare,the first step would be to figure out what timeshare you actually own because it’s impossible to own an Interval International timeshare.
Many timeshare owners once believed their timeshare was a good investment like real estate that would increase in value over time. Sadly, these owners are gravely mistaken. Most timeshares decrease in value by 50% after they are purchased from a resort developer. At this very moment, eBay has timeshares for sale for $1 with no bids and no buyers. This is because timeshare owners want to get out of their purchase and put this mistake behind them. Timeshare owners advertising for $1 have realized they were sold an unrealistic vacation plan and don’t know any other next steps on how to get rid of Interval International timeshare.
So how can you get out of your timeshare if you can’t sell it for $1? What are the next steps? You could try to give it back to your timeshare resort directly, but many are unwilling to work with you because they want to continue collecting your maintenance fees each year. Timeshare exit companies exist for this very reason. They can help you get out of your timeshare when you can’t sell it and your resort won’t take it back. We strongly advise using a timeshare exit company that offers escrow as a payment method in order to avoid scams.
Using escrow as a payment method is a safe way to pursue canceling Interval International timeshare cancellation. With escrow, the timeshare exit company does not require paying a high upfront fee to the timeshare exit company. You pay the escrow account up-front, but the timeshare exit company does not get paid from the escrow account until after the timeshare is canceled and out of your name. Timeshare exit companies that offer an escrow payment option are the safest choice because they are held accountable to complete the work they were hired to do.
Learn more about escrow and why it’s important here. Or, give us a call, initiate live chat or submit a contact form for more information on cancelling your timeshare.