We all know the way it goes. You’re on vacation. You’ve been soaking up the sun and sand and gourmet meals at the resort. You begin to dread going back to work.
You start to wonder how you can make this a regular thing. How can I get back here every year?
Then, the resort offers a solution.
“Buy a timeshare. You’ll use it all the time.”
So you do. You sign your name on the dotted line, eager for the next trip to your new vacation haven.
Then, life carries on in its usual way. A few years go by, and you realize that you haven’t gone back to your timeshare once. What seemed like a smart way to get away has become a ball-and-chain on your finances.
There must be a way out, right?
Read on to learn how.
Even though timeshares are a depreciating asset, new ones are being built all the time. And resorts are highly motivated to sell each of those units, hence all the flashy presentations with free meals.
Even though owning a timeshare may be cheaper than paying full resort price every time you go on vacation, that’s only true if you use it as much as you can.
Very few people are able to make the most of their timeshare. Most of us are paying an expensive price for an amenity we use less often than we pay for.
Timeshare sellers know this. That’s why contracts are filled with short cancellation periods and heavy fees designed to keep you tied in.
If you sell it, you will face large losses on your investment, and the company you bought from is not interested in taking it back.
Even in the face of these obstacles, there are ways out.
There are numerous ways to unburden yourself.
You can rent to other vacationers if you aren’t able to make your way to the property. This can relieve the annual fees, but you might have a hard time finding renters every year.
You can also trade with other timeshare owners to stay in a variety of destinations. Fort Lauderdale may seem stale to you, but to someone with a timeshare in Jamaica, Fort Lauderdale sounds like a wonderful trip.
An in-demand timeshare can open up trades for all sorts of locales. But as with renting, you may not always be able to find someone willing to trade.
Many people like the ability to lend their timeshares to friends or family members for their vacations. In this case, it gets used, but the financial burden remains.
Selling it seems like an option. However, you would be selling at a loss but the reality is that the market is so saturated that you’d likely never find a buyer. Many scams are also centered around the “selling” option convincing you that your timeshare can be sold. What you find out is that you paid a lot of money to someone and you still have your timeshare and all of its obligations.
Here at Escape Resolutions, we want to help you find the solution that is right for you. We can offer you advice on your timeshare options and your rights as well as ways to permanently and legally get out of your timeshare. We can give you tips for traveling without a timeshare.
We have a 100% success rate, and all our programs are backed by a 100% money-back guarantee, so you can trust that you are in good hands.
Contact us today to find the best solution for your needs, and get out of your timeshare for good.