Did you know that more than 85% of timeshare owners are unhappy with their timeshare? You heard it right; over 9 million Americans own a timeshare. A few are perfectly happy with their timeshare, while others want to eliminate their timeshare contract to live a happy life.
If you also plan to eliminate your timeshare contract, bear in mind the solution to a frustrating timeshare is only a legit timeshare exit company. There are other ways also, but they will relieve you for a short period. Do you want to know about all those ways? Let’s dive deep into this write-up and learn more about timeshare exit.
Ways to Exit Your Timeshare Contract
Though there are various ways to eliminate your timeshare, working with a timeshare exit company is the only permanent solution. Let’s look at the ways you can try!
Sell Your Timeshare
You can sell your timeshare to an interested personality if you are frustrated and don’t way to pay annual maintenance fees. However, ensure that you get everything while selling your timeshare; otherwise, you may get into trouble in the future. Doesn’t this option seem impressive?
Let’s see why selling your timeshare is not a good solution. Firstly, you do not get any value for your timeshare; no one is ready to buy your timeshare, even for $1. No one wants to pay thousands of dollars annually and visit the same place year after year.
Another thing that makes this option not so great is that you may be held responsible if the buyer doesn’t pay the annual maintenance cost. In the end, you will have to pay that upkeep cost. However, you can try this option if you have a lot of time.
Rent Out Your Timeshare
You can rent out your timeshare in exchange for annual maintenance costs. The tenant will have to pay the upkeep costs and can enjoy all the amenities of your resort during vacation. Selling doesn’t always work, so it’s the second option you have to get rid of your timeshare.
However, the low availability of your timeshare can become an obstacle on your way. If your resort or timeshare is not readily available, this option is not for you. Also, if the tenant refuses to pay the rent after using your property, you can do nothing except pay the annual maintenance costs alone.
So, what can you do to eliminate your timeshare if these two options are not for you?
Hire a Timeshare Exit Company
Hiring a legit timeshare exit company is the best option if you are short on time or don’t want to experiment with your money. You can associate with the company, tell them your requirements and all the details they require, and you are done. However, not every timeshare exit company can help you with your timeshare; you have to find the best among all.
Also, be wary of the timeshare exit scam artists out there and only hire a legit timeshare exit company after doing your research and reading reviews and testimonials. You must hire an experienced company with a team of professionals; otherwise, you may have to wait longer for a timeshare exit than expected.
Final Verdict
Millions of people are stuck with a timeshare; they want to exit but struggle to find ways to do so. You can exit your timeshare by selling it, renting it out, or hiring a legit timeshare exit company. Experts recommend the latter option since it is safe, effective, and reliable. You can hire companies like Timeshare Compliance, Wesley Financial Group, and Timeshare Freedom Group for a legal exit without hurting your creditworthiness.
Hopefully, after reading this write-up, you will be able to eliminate your timeshare contract easily, quickly, and without hassle!
