Free consultation

Schedule a short consultation with us now. It’s 100% free and we’ll review with you the best strategy to get rid of your timeshare as soon as possible. 

I want to get rid of my timeshare

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Timeshare Ninjas are here to help

Questions we might ask

  • When did you buy your timeshare?
  • Did you feel pressured into your purchase?
  • Where did you purchase your timeshare resort?
  • Do you still owe a mortgage?
  • Why do you want to exit your timeshare?
  • Have you tried to sell it before?
  • How soon do you want to get rid of it?
  • Are you current on your maintenance fees?

Documents you will need (not limited to)

  • Name, address and phone number of your timeshare
  • The deed and/or contract or membership agreement
  • The financing agreement (if you still have a mortgage on the timeshare)
  • RUles and regulations of the timeshare resort
  • Maintenance fee amount and due date and if you are current on your payments

Frequently Asked Questions

Can I get out of my timeshare if I still have a mortgage?

A mortgage is a contractual obligation between you and your lender and no third party can relieve you of these obligations. But, depending on your situation (terms of your mortgage, etc.), it might still be possible to get out of your timeshare, even if you have an existing mortgage on the property or owe money under a promissory note.

Is my timeshare worth anything?

The hard truth is that it is probably not worth anything close to what you paid for it. There are plenty of brand new, better timeshare selling at that price.

Are you a timeshare exit company?

No, we are not. After a free consultation, we will decide with you what is a best course of action to exit your timeshare and might eventually match you with a trustworthy timeshare exit company if that is your best and cheapest option.

How can I legally cancel my timeshare contract?

To legally cancel your timeshare, you should review your contract for a rescission period and follow the proper procedures listed therein. If the rescission period has lapsed, engaging a credible timeshare exit company can help navigate the legal routes for cancellation.

What is the timeshare 'cooling-off' period, and do I still qualify?

The cooling-off period is a legally mandated timeframe after signing a timeshare contract where you can cancel without penalty, usually between 3 to 14 days. Qualification depends on when you signed the contract.

Are there any consequences or penalties for canceling my timeshare?

Cancellation outside the cooling-off period might incur fees or impact credit. Consulting with a timeshare exit expert can minimize these consequences.

What should I do if I have a mortgage or outstanding fees on my timeshare?

Handle a timeshare mortgage or fees by first reviewing the contract. Consult with a financial advisor or timeshare exit company to understand your obligations and options.

Can I just stop paying the maintenance fees and walk away from my timeshare?

Stopping payments could lead to collections, legal action, and credit damage. It’s crucial to take formal steps to terminate the contract and resolve any fees.

Do I have to be current on my mortgage payments or maintenance fees to exit my timeshare?

In some circumstances you will need to pay off your most recent bill, but in many cases we can still help you even if you’re a few years behind. As long as you are still receiving some form of paperwork in the mail regarding your timeshare, we can help you. You are responsible, however, for all maintenance fees, taxes, assessments billed (whether billed annually, semi-annually, quarterly or monthly) for all weeks/points that have been used or banked related to the current year if you have any reservations coming up.

Are there any loopholes in timeshare contract?

Not really, contrary to what many timeshare exit companies might tell you. But you do have legal ways to terminate a contract, such as the rescission period (also known as the “cooling off” period) or the deed buy-back programs (some resorts will buy back your timeshare if your mortgage is paid off and you are current on all fees).

How do I find out the name of my timeshare resort?

If you are not sure who operates your timeshare, we can absolutely help you. Contact us for assistance. 

Can I sell my timeshare back to the resort or a third party?

Selling back to the resort may be possible if they have a buy-back program. Otherwise, selling to a third party requires ensuring the buyer is reliable and the sale complies with the terms of your contract.

How do timeshare exit services work, and what do they cost?

Timeshare exit services work by first reviewing your contract and situation, then crafting a strategy for exit which may involve legal action or negotiation. Costs vary widely depending on the complexity of the exit.

Will I be able to get a refund for my timeshare purchase?

A refund is typically only possible during the cooling-off period or if the timeshare company agrees to a buy-back. Otherwise, refunds are not common.

How long will the process take to get out of my timeshare contract?

The timeshare exit process duration can range from several months to over a year, depending on the specifics of your contract and situation.

How can I avoid being scammed by fraudulent timeshare exit companies?

Avoiding scams involves thorough research, looking for companies with good reputations, verifiable client testimonials, and an understanding of their methods and fees. Always be wary of upfront fees and guarantees that seem too good to be true.