The Timeshare Exit Solution Strategy
These days, most families are already feeling the economic pinch and are now cutting back on their expenses and sacrificing luxury and pleasure in order to continue providing for their basic needs. The first to go is usually the family’s timeshare property. With the exorbitant maintenance and other fees associated with the timeshare, it’s no wonder most owners are seeking every possible exit solution to their timeshare troubles. But with 60% of all timeshare owners in the country now hurrying to get rid of their timeshares, you must find the best solution that will work for you, one that will eliminate the burden of the timeshare from your shoulders permanently.
There are several ways to get rid of your timeshare. You can sell it, rent it out, donate it to a charity, or transfer it.
Most people believe the best way to sell the timeshare. Since the 1970’s, when the concept of vacation ownership, or owning a prime vacation property for a specified period every year, first emerged, the market has steadily increased. But with the tough economic times there has been a sharp drop in timeshare sales, especially because vacation properties do not fall under the basic essentials of families. The effects of this downward trend, which is said to have begun in 2007, can be clearly seen on timeshare forums and auction sites, where properties are being sold for as little as a dollar, or even less. Still, even if some timeshares are being given away for free, there aren’t any takers. Some have become so allergic to timeshares that they wouldn’t touch it with the proverbial ten-foot pole.
The major setback against selling your timeshare is the proliferation of dubious companies that are only out to get money off you. To be conned out of more money when you are in need of assistance to free yourself of financial liabilities is indeed a double whammy no one needs. So always be wary of timeshare resellers who assure you that they already have buyers waiting for your timeshare, and who promise huge profits for you provided you pay them a considerable “processing fee” upfront.
Another option is to donate the timeshare to charity. This is one way of getting rid of the property while also doing a good deed. The problem is, not all charities are interested in accepting timeshare donations. Charities are now aware of the fees and taxes that they themselves will have to pay if they cannot find a buyer for the timeshare. After all, if a timeshare owner who knows the industry well cannot find a buyer for the property, what are the chances a charity can find one?
The best option for timeshare owners today is to transfer the timeshare. For a relatively small fee compared to selling it directly, timeshare transfer companies remove the title out of your name and transfer it to a third party interested in the timeshare. Unlike the other options, timeshare transfer has a higher success rate and more satisfied clients – both the timeshare owners and the third parties. Timeshare transfer is the best option for owners who wish to opt out of their timeshares.
So in getting rid of your timeshare, it is important to remain cautious and to explore all your options. If timeshare resale and rentals do not work out for you, call us. We at Timeshare Relief Inc. will help you get rid of your timeshares for good. Our satisfied clients can vouch for the service we provide, some of whom have even joined Timeshare Relief Inc. We are in good standing at the BBB, and will always help timeshare owners like you be relieved of your timeshares for good.
There are several ways to get rid of your timeshare. You can sell it, rent it out, donate it to a charity, or transfer it.
Most people believe the best way to sell the timeshare. Since the 1970’s, when the concept of vacation ownership, or owning a prime vacation property for a specified period every year, first emerged, the market has steadily increased. But with the tough economic times there has been a sharp drop in timeshare sales, especially because vacation properties do not fall under the basic essentials of families. The effects of this downward trend, which is said to have begun in 2007, can be clearly seen on timeshare forums and auction sites, where properties are being sold for as little as a dollar, or even less. Still, even if some timeshares are being given away for free, there aren’t any takers. Some have become so allergic to timeshares that they wouldn’t touch it with the proverbial ten-foot pole.
The major setback against selling your timeshare is the proliferation of dubious companies that are only out to get money off you. To be conned out of more money when you are in need of assistance to free yourself of financial liabilities is indeed a double whammy no one needs. So always be wary of timeshare resellers who assure you that they already have buyers waiting for your timeshare, and who promise huge profits for you provided you pay them a considerable “processing fee” upfront.
Another option is to donate the timeshare to charity. This is one way of getting rid of the property while also doing a good deed. The problem is, not all charities are interested in accepting timeshare donations. Charities are now aware of the fees and taxes that they themselves will have to pay if they cannot find a buyer for the timeshare. After all, if a timeshare owner who knows the industry well cannot find a buyer for the property, what are the chances a charity can find one?
The best option for timeshare owners today is to transfer the timeshare. For a relatively small fee compared to selling it directly, timeshare transfer companies remove the title out of your name and transfer it to a third party interested in the timeshare. Unlike the other options, timeshare transfer has a higher success rate and more satisfied clients – both the timeshare owners and the third parties. Timeshare transfer is the best option for owners who wish to opt out of their timeshares.
So in getting rid of your timeshare, it is important to remain cautious and to explore all your options. If timeshare resale and rentals do not work out for you, call us. We at Timeshare Relief Inc. will help you get rid of your timeshares for good. Our satisfied clients can vouch for the service we provide, some of whom have even joined Timeshare Relief Inc. We are in good standing at the BBB, and will always help timeshare owners like you be relieved of your timeshares for good.
