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Cancel a timeshare, what are the advantages?

Cancel a timeshare, what are the advantages?
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The timeshare industry has been into the lion’s mouth for the last couple of years, and it has generated lots of controversy and discussions in many forums and blogs on the web. However, since we’re living an economic downturn, anyone would expect that the timeshare sales collapse, but instead of that the sales seem to be increasing… but this comes with a trap: timeshare scams are increasing too. That leads us to the question: then, why keep people investing on timeshares?

Well, the first thing we have to understand is that timeshares are not investments, but a purchase that requires lots of expenses a year. The thing is that the timeshares salespeople use rhetoric as a massive weapon, bombarding the potential victims with lies and practically pushing them into getting a property. So, for those who already fell for a timeshare scam you might ask yourselves: how to cancel a timeshare? Is it a viable option? Find out the answer for those questions by reading the rest of the article.


Cancel a Timeshare – Why is it the best option?

Many owners don’t know how to get rid of their properties, and a big part of them have been trying to do it for years. They were told that they could rent their units out and even make a profit, or that they could resell the timeshare very easily and for a bigger value. That sounds like a good deal, doesn’t it? But then, if you take a look at EBay, you’ll see several timeshare offers for a buck or even less! That’s because renting or reselling a timeshare is not an easy task at all, in fact, it is almost impossible. Therefore, to cancel a timeshare becomes the easiest way to dump a property.

Cancel a Timeshare – The advantages

There are numerous advantages when you cancel a timeshare. It is not only the easiest way to dump a timeshare, but also the most effective solution.  We’ll give you ten reasons for you to think about why to cancel a timeshare is an efficient alternative:

  1. No more threating calls
  2. No more maintenance fees
  3. No more attachments to the company
  4. No more unnecessary responsibilities
  5. No more debt
  6. No more special assessments fees
  7. No more credit problems
  8. Freedom to go anywhere
  9. Financial stability
  10. Sense of relief

For those reasons, among others, we consider that timeshare cancellation is an efficient alternative.

How to cancel a timeshare?

how to cancel a timeshare

Every timeshare contract must mention a rescission period that goes normally from 5 to 10 days, depending on the regulations established on the place where you bought the property. In Mexico, that rescission period is on a 5 day record, then you have 5 days to inform the company that you want to cancel the contract. Nevertheless, in most cases people look to cancel the timeshare when the cooling-off period has already past.  In those cases it is advisable to contact an expert. There are various timeshare cancellation companies who claim to help people who are victims of a timeshare scam, but still many people don’t trust these companies, which is completely understandable being that the timeshare industry is full of scammers, that is why is always important to research on a company before making any kind of deal with it. You also have to remember that to cancel a timeshare you don’t have to pay an upfront fee. Mexican Timeshare Solutions works under a contingency basis and only collect fee if the contract is fully cancelled, otherwise, no fee is charged. Contact MTS for a free consultation and s full advice on your timeshare matter. It’s time for you to get away from that contract.

Information to share

If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?

  • Share this link http://www.timesharescam.com/blog/110-cancel-a-timeshare/ on your favorite blogs and forums

Leave your comment below and share your opinion with us. To know more about timeshare scams go to:
Timeshare ownership

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  • RachelMay 23, 2019, 1:24 am

    Hello, we need as well cancel our timeshare membership, we dont want it anymore, the cost of the maintenance fees are way to far of what we expected, also the staff was so rude.

  • PatriciaMarzo 19, 2018, 7:46 pm

    Ncesitamos cancelar nuestra membresia urgentemente por favor! nos engañaron en pueblo bonito y es hora que no podemos usar nuestra membresia por falta de disponibilidad, sin embargo nos siguen cobrando! necesitamos asesorarnos, gracias

  • luz treviñoFebruary 22, 2018, 11:03 pm

    me urge información para cancelar una membresía faltan pagos es del club melia

  • Oscar GarzaMay 9, 2016, 11:15 am

    Realmente es lo mejor que puedes hacer, un tiempo compartido puede deslumbrarte al principio pero la verdad es que deja mucho que desear, sobre todo porque llega el momento en que no lo puedes usar y las cuotas de mantenimiento son muy altas, no se los recomiendo para nada adquirir uno.

  • Gerardo April 1, 2016, 5:45 pm

    Cuando recien compre la membresia no pense que todo se fuera a complicar, pero todo cambio ya que cada año eran menos las veces que podia usar mi membresia, despues de casi 10 años decidi que tenia que librarme de el ya que no me estaba respetando lo que se habia acordado la ves del contrato , y si la cancelacion fue lo mejor que pude hacer , ahora duermo tranquilo sin tener que pensar en las cuotas de mantenimiento .

  • samOctober 18, 2015, 11:26 pm

    skip all those invitations to timeshare presentations, avoid all salespersons speech , say no to upgrades and dontr accept cool promotions or free stuff ,all is resorts scam

  • Elvis P.August 24, 2015, 10:06 am

    Hello there, yes, the best thing that you can do is to sell or cancel your timeshare, whatever is not an easy task , you need to do a deep research first to know how to get rid of a timeshare, timeshare resorts are protected very well for that reason is very important to read carefuly the full contract .

  • JoaquinJuly 26, 2015, 9:03 pm

    Si adquiriste un tiempo compartido desacerte de el por mucho es lomejor que pudiste hacer, si aun no lo tienes pero crees que es una buena idea , la verdad que piensalo dos veces , he sido testigo de varias personas que actualmente tienen muchos problemas con sus tiempos compartidos, y es que no es cosa facil librarse de ellos, se ocupa mucho para poder hacerlo , todo esto esta bien deiseñado para sacarte lo mas que se pueda de dinero , en fin no recomiendo a nadie adquirir un tiempo compartido , saludos

  • Kevin LopezApril 5, 2015, 3:35 pm

    Cancelar siempre sera nuestra mejor opcion , realmente lo mejor seria nisiquiera adquirir un tiempo compartido, no tienen idea de lo mal que se portan estas personas una ves que has comprado con ello, solo quieren sacarte mas y mas dinero , no adquieran tiempos compartidos porfavor, son un fraude

  • sandylawSeptember 8, 2014, 2:18 pm

    My parents have me listed with a timeshare company to inherit their timeshare. I don't want anything to do with it, but I don't want to insult them. I see it as being given a bill in the form of annual maintenance fees. Is there a way to disinherit the timeshare when my parents pass?

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