If you end up not using your timeshare, owning one can become a hardship. Your vacation habits may have changed when the kids are gone, even though you may have loved it for years while your family grew older. And that’s totally OK.
Many timeshare owners are looking for other ways to get rid of their timeshare ownership as they become more conscious of the challenges associated with selling their timeshares. The majority of timeshare owners are not as fortunate as some, who can cancel their timeshares by contacting their resort directly.
What can you do, then?
You might be able to cease paying maintenance fees and cancel your timeshare with the assistance of a timeshare cancellation firm. When selecting a company, the most crucial item to consider is whether or not there is an upfront price. We advise against paying a cancellation fee up front for your timeshare. The FTC, the BBB, and almost all other consumer advocacy websites advise doing this. There are companies who promise to cancel your timeshare, charge you upfront, and then take your money and run. Avoid falling into these scams. NEVER make a payment in advance.
We only advise dealing with timeshare cancellation businesses that have a minimal upfront price escrow payment option because of this. Find out more about escrow and its benefits.
Timeshare Sales on the Resale Market
It’s also crucial to remember that, in certain unusual circumstances, timeshares might be eligible to be sold on the secondary resale market. For instance, you might want to try listing your Disney Vacation Club timeshare for sale on Craigslist or Ebay to see if you can obtain any money for it. You will only have to pay a timeshare broker to complete the transaction if you find a buyer who is interested. Selling the timeshare will always be less expensive than working with a timeshare exit company, and you might even receive some money in exchange.
Remember that selling most timeshares is quite challenging. Almost the only exception is Disney. The Marriott Aruba Surf Club is