Having a timeshare can eventually become a burden if you end up no longer using it. You might have loved it for many years as your family has been growing up, but now that the children are gone your holiday habits may have shifted. And that is absolutely okay.


As timeshare owners become aware of the problem that includes selling their timeshares, several have sought other alternatives to ease themselves of the timeshare ownership. Some blessed timeshare owners may work with their hotel to cancel their own timeshares, but most owners are not so blessed.


Thus, what do you do?


A timeshare cancellation provider could have the ability to assist you offset the timeshare and prevent your upkeep fees. The most significant thing that you will want to keep an eye out for when picking a provider is if the organization charges an up-front charge. We recommend not paying an up-front fee to cancel your timeshare. That is exactly what the BBB, the FTC and literally any user advocacy site advocate. Some timeshare exit companies promise they could cancel your timeshare, cost you upfront, then vanish with your money. Do not fall prey to such scams. NEVER cover an up-front charge.


That is the reason we only suggest working with timeshare cancellation companies offering a no up-front charge escrow payment alternative. Find out more about escrow and it’s important here.


You might also provide us a call or contact us via the contact type or live chat on the ideal side of the page to learn more.

Selling Timeshare on the Resale Market

Additionally, it’s important to remember that in rare circumstances a few timeshares could be in a position to be offered on the resale market. Should you possess a Disney Vacation Club timeshare by way of instance, you might choose to try to market it available on a site such as Craigslist or Ebay to see if you’re able to get anything for this. If you find an interested buyer, then you will simply have to pay a timeshare agent to finalize the deal. Promoting the timeshare will always be less expensive than hiring a timeshare depart company, and you might even get some money from the purchase.


Remember it is very hard to market most timeshares. Disney is virtually the only exception. Marriott Aruba Surf Club is just another.

Timeshare Cancellation Rescission Period

It’s crucial to be aware that many countries allow timeshare owners to rescind their purchase within a couple of months after purchase. As a consequence, that you can return the timeshare for a complete refund. Timeshare developers in the united states are required by law to spell out how to rescind the order inside the files you received when your bought the timeshare. The method isn’t complex. Just follow the directions given in the files you received and send the letter through registered or certified mail so the hotel has to register to get it.

A sample timeshare rescission letter may look as Straightforward as this:


Dear [timeshare resort],


I want to exercise my right to rescind and cancel my timeshare order made on August 19, 2020. My owner amount is [x] and my name is [x].


Thank you,




And that is it. There’s typically no reason to employ a timeshare exit company to rescind a timeshare purchase made over the last week or 2. Should you send the correspondence to the right address through registered or certified mail within the rescission span of this country where the timeshare has been bought, the timeshare resort does not have any option except to refund you the cash. It is a state law.


If you have passed the rescission time and need to cancel your timeshare, we recommend working with a timeshare exit company that delivers an escrow payment choice, which means you’re protected from scams.