Cancel timeshare contract: Conditions given by the resort
When timeshare owners decide that they no longer want their timeshares, sometimes the first thing they do is contact the resort to cancel the contract. But the resort gives them a lot of conditions to cancel timeshare contract.
We know that timeshares are not good investments at all because they have no value. A timeshare may work if your plan is vacationing to the same resort every year, but still, you will pay more for the timeshare than vacationing on your own. You can learn a little bit more about timeshares at:
“Do you want to cancel your timeshare? Don’t worry, just pay us”
Some owners realize that they cannot afford a timeshare after they made the purchase, and sometimes they decide to contact the resort to give back the timeshare or to simply cancel the contract. But the timeshare resorts don’t accept timeshare cancellations that easy, they will give you many conditions to cancel your timeshare, being the next the most popular.
Conditions given by the resort to cancel timeshare contract
1. - Timeshare downgrade: Most of the times, when a timeshare owner asks for a timeshare cancellation, the resort will offer a timeshare downgrade, which means lower the level of the membership, that way you will pay “less” for the timeshare fees, making the payments more affordable.
2. - Stop the charges: Some resorts offer timeshare owners who want to cancel to stop making the charges of the timeshare maintenance fees for a period of 6 months, some others offer until 1 year. This is with the condition to not cancel the timeshare.
3. - Pay a percentage: When the resort agrees to cancel the timeshare membership, they don’t do it for free; they tell the owners that they have to pay a percentage of the total amount of the timeshare ownership. The percentage can vary from 35% to 50%, depending of the timeshare resort.
The above are the most common conditions given by the resort to cancel timeshare contract, but there can be more.
As you can see, the timeshare resort will not let you go away from your timeshare that simple. Besides, they don’t care if you are not able to afford the payments or whichever is your situation; if you don’t pay, they will send you to a collection agency.
How to cancel a timeshare contract regardless of the resort?
If you tried to cancel your timeshare directly with the resort and they gave you one of those conditions to cancel a timeshare, but none convinces you, there is a good solution: hire a timeshare attorney.
If you hire a timeshare lawyer, he or she can help you cancel your timeshare contract without dealing with the resort. They will do all the work and all the negotiations for you.
At Mexican Timeshare Solutions, we specialize in timeshare cancellations. We have very experimented associates that can offer you help in fast. Contact us to get a consultation on your timeshare situation and see how we can work together to cancel your timeshare contract. Best of all, we do not charge anything upfront and the consultation is totally free. It is time to get rid of your timeshare.
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