How to Cancel a Timeshare
If you have a timeshare or vacation property and you want to terminate your ownership agreement, you might be asking yourself, “How can I cancel my timeshare?” While you may have hoped it would be as easy as picking up the phone and telling the resort you no longer want your timeshare, exiting a timeshare or vacation property typically isn’t that simple.
In general, getting rid of a timeshare is a process that varies based on several key factors. These factors include the kind of timeshare you purchased, the location of your timeshare and when you bought your timeshare or vacation property.
Can You Cancel a Timeshare Purchase?
If you recently purchased a timeshare, you might be able to take advantage of something called the rescission period if you want to unload it. A lot of states allow consumers to rescind their purchase within a certain time period after they buy a timeshare. If you no longer want your timeshare and the state where you bought your timeshare has a rescission period, you can cancel your timeshare agreement by sending the resort a letter stating you no longer want to own the timeshare via certified mail.
A rescission period is often just three or five days long. So, it’s important to act quickly if you recently purchased a timeshare you no longer want to own.
How to Get Out of a Timeshare?
If you’re not eligible to cancel your ownership agreement during a rescission period, you can still exit your timeshare through other means. Perhaps due to the negative reputation the primary and secondary timeshare markets have earned over the years, some resorts now have take-back programs that enable timeshare owners to return their timeshares to their developers. Many timeshare owners have attempted to use these programs but were still unable to return their timeshares. Ask your resort if it has a take-back program and inquire about what you need to do to qualify for the program.
How to Get Rid of a Timeshare?
If you can’t cancel your timeshare during the rescission period, and you’re unable to get out of it via a take-back program, you can still get out of your timeshare by working with EZ Exit Now. We’ve been helping distressed owners of timeshares and vacation properties for years and we’ll be happy to assist you with exiting your timeshare, too.
When you choose our faith-based company to help you, you’re gaining a trusted partner who will stand by your side throughout the entire timeshare exit process.
How Can I Schedule a Free Consultation with EZ Exit Now?
To schedule a free, one-on-one consultation with us, you can contact EZ Exit Now online or you can give us a call at 888-276-6860. We look forward to starting the timeshare exiting process on your behalf soon.