Tag Archives: end contract

Looking for a way out of your Timeshare?

Many timeshare owners are looking for ways to get out of their timeshares, or simply want to get out from under the financial responsibility. This is a common occurrence after the owner realizes what ownership actually means. Lets take an in depth look at what timeshare ownership is, and the responsibilities that go with it.

When you purchase a timeshare you are purchasing a fractional ownership of a vacation property, usually for a week in a certain size unit. This may or may not give you access to other properties within the same company. Points systems are points you buy that you can use at any of the parent company properties. Usually the amount of points you have equals the length of time you can stay in a particular size unit. This was a way the developers thought of to sell more intervals in the properties under their management.

When you purchase the interval ownership whether points or weeks you are the owner for life, unless it is a lease. What this means to the consumer is that it is deeded to you in perpetuity, which means you are stuck with it forever and so is anyone who inherits your estate. It is not something you can walk away from without severe penalties, financial obligation, and a damaged credit. Most consumers, when they read the fine print on their contracts, or try to use the property, realize the sales staff lied to them. This is when the red flags and warning bells start to go off; WHAT HAVE I GOT MYSELF INTO? Is this what most consumers ask themselves? THIS IS NOT YOUR FAULT AND YOU ARE NOT ALONE!

Thousands of consumers are sold timeshare under deceptive and misleading sales tactics every year, and there is HELP. Timeshare-Answers is a professional consumer advocacy company that specializes in helping timeshare owners cancel their contracts and get their money back. If you need help with a timeshare call Timeshare-Answers today for a free consultation, and the let our expert staff assist you in your time of need.