No timeshare owners start out their experience in a timeshare planning on having to use an exit company to get out of it sometime later. The only thing you are expecting when you first purchase a timeshare is to have many wonderful vacations with family and friends, whether you return to the same property over and over or decide to visit a variety of resorts included with your ownership.
Sadly, that’s not the experience that everyone has with a timeshare. Or, even if you do have a positive experience at the start, you might later find that the timeshare is no longer working for you and you want to get out. This is where an exit company like Timeshare Exit Consultants might come into the picture. If no other options are enabling you to get out of your timeshare successfully, turning to this or another company in this industry may be the option that finally gives you some light at the end of the tunnel.
Let’s look a little closer at Timeshare Exit Consultants below to see if they may be a good fit for your needs.
Who Are the Timeshare Exit Consultants?
When you land on the website of the Timeshare Exit Consultants, you are immediately met with a bold claim – they state that they have helped more than 20,000 people get out of their timeshare contracts. While there is no way to independently verify that claim, it is a good starting point. If they have helped thousands get the result they were looking for, perhaps you could be next.
They also state that you will be given a free consultation, which sounds nice but is really just an industry standard. Basically, every timeshare exit company is going to make that offer, so it doesn’t really cause this one to stand apart from the crowd. Also, they present a “money-back guarantee”, but again, that doesn’t really mean too much. What stands behind the guarantee? How do you know they will honor that promise and return your money? It would be better to have something about escrow services, so you can feel confident that your money is safe while they work.
Ultimately, there isn’t a ton of information on the website for Timeshare Exit Consultants, as they want you to reach out in order to learn more. That’s not necessarily a bad thing, but you’ll have to take the next step and provide them with contact information if you want a better understanding of what they can do for you.
What Do the Reviews Have to Say?
It’s extremely helpful to base your opinion of a company – any kind of company – in part on what other customers have to say about that company. Unfortunately, in the case of Timeshare Exit Consultants, it’s tough to find much in the way of reviews on the web. Despite their claim of helping many thousands of people get results, I struggled to find much in the way of commentary about them, including on the Better Business Bureau.
A lack of reviews doesn’t mean you should automatically rule out working with a given company, but it might give you pause and cause you to think twice. How can you know that they are up to the task if you can’t learn from other customers before you? Talking with them directly about your situation is a starting point, to be sure, but there is still going to be some doubt lingering in the back of your mind as to whether or not they’ll really be able to get results.
Don’t Make This Costly Timeshare Exit Mistake
It’s easy for the frustration to gradually build as you try to get out of your timeshare and consistently feel like you are running into a dead end. At first, you may just think that it will take a few weeks or even a few months, and then the situation will be resolved. As that timeframe comes and goes, however, the frustration – and even anger – will pick up and you might start feeling like you would do anything just to be done with this whole matter.
That’s when people start to make poor decisions like stopping the payments on their timeshare altogether. Sure, you are tired of making these payments and feeling like you are sending out money that you’ll never see again, but it’s still not a good idea to fall behind on payments. That’s only making your situation worse and compounding the issue. By skipping payments, you will still be a timeshare owner – you’ll just be one who has incurred credit damage and now has more problems to resolve.
So, if at all possible, I recommend that people don’t get behind on their timeshare payments while trying to find a way out. A big part of trying to exit a timeshare comes back to improving the outlook of your financial future, and nothing will be improved if you do credit damage and still have the same obligations as an owner Do your best to be patient, remain in control of your emotions, and keep pursuing a successful exit plan.
The Characteristics of Good Timeshare Exit Companies
I’ll be upfront in saying that not all timeshare exit companies are good ones. You can easily find yourself in a situation where you are working with a company that is only trying to make a quick buck and isn’t really intent on getting you the results you deserve. There are good companies out there, of course, but you have to know what to look for if you are going to be successful.
One of the things I’d like you to look for in a timeshare exit company is the use of escrow services. When a company uses escrow, it means they put your money into a holding account where they can’t access it while working on the project. That provides a layer of protection that will help you avoid running into trouble and losing the money you thought was going to get you out of the timeshare. If a particularly exit company doesn’t want to use escrow, consider just moving on to the next.
Also, I’d encourage you to find an exit company with plenty of proven experience in the industry. With a project this important, you really don’t want to be trusting that an inexperienced team is going to be able to get it done. Even if the new company has the best of intentions, it’s just safer to work with someone who knows the industry well and will have a variety of strategies in mind when taking on the project.
Frequently Asked Question
Do you still have some questions about using an exit company to finally get away from your timeshare? I totally understand – this is a complicated topic and there are usually more questions than answers for the average owner. Let’s work on answering a few more popular questions below.
Q: What does the process of using a timeshare exit company look like?
A: When you contact a timeshare exit company, they will likely offer you a free consultation during which you can discuss your needs, talk about what you have already tried to get out of the timeshare, and how much their services will cost. If you decide to hire the company, they will take over the process and pursue a variety of methods to hopefully resolve the matter.
Q: Is it possible to get out of a timeshare quickly?
A: In some cases, the answer is actually yes – you might be able to get out of your timeshare quite quickly if things come together just right. This could include selling the timeshare (particularly to someone you know) or getting the developer to take back the deed as part of a program they are offering. A quick exit is never guaranteed, of course, but it should be seen as possible.
Q: What will happen if I stop paying my timeshare maintenance fees and assessments?
A: You will begin to incur credit damage if you don’t pay on your timeshare account, and you will fall further and further behind in terms of what you owe. It’s best to keep up with payments if at all possible, even while you are actively trying to get out.
Put a Partner on Your Side
Are you feeling overwhelmed by the entire timeshare experience? Sometimes, all it takes to relieve some stress and get your mind back in a good place is to get help from someone outside of the situation. For that, give us a call today at 833-416-8796 to discuss where you are in the timeshare journey and how you might want to move forward. It’s also possible to use our live chat feature here on the website to reach out. We would love to hear from you soon to take the first steps toward a timeshare-free life!