Many timeshare owners will go to great lengths to find a way to cancel their timeshare for good. But who should you trust to cancel your timeshare? This article is to help you uncover the best timeshare cancellation companies.
Why are timeshares so bad?
Timeshares haven’t always been a bad thing, and there are even some that are really great. Specific timeshare companies do operate a fair and honest timeshare program, but those are the outliers in the business. Most of the time, when you purchase a timeshare the sales presentation is full of exaggerations, lies and lofty promises.
Over the years, many timeshares have gone from fixed weeks at a specific location to points. This is often presented as a great thing for the owner, because it supposedly gives them more flexibility to book when and where they want to vacation without any restrictions. The issue is that points, unlike fixed weeks, do not guarantee you anything. It is like having a giftcard to a restaurant, but never being able to get a reservation to eat there. You have points to use, but the vacation properties are always booked up and you can never schedule a vacation when and where you want. This causes a lot of issues for timeshare owners who were sold a timeshare under the impression that they would be able to go on vacations to amazing locations when they pleased. Because of this, many timeshare owners become frustrated at their inability to use their timeshare as promised and begin looking for a way to cancel it.
Can a timeshare be cancelled?
Yes, a timeshare can be cancelled. It is not always easy, but with industry knowledge and previous experience, it can be done. The best way to go about cancelling your timeshare is to reach out to a reputable timeshare cancellation, or timeshare exit, company. Not all timeshare cancellation companies that pop up on a GoogleⓇ search will be trustworthy and legitimate options, so be sure to do your research when selecting one.
How can I get rid of my timeshare legally?
While there are several companies out there who damage the character of this industry, others continue to push forward and provide honorable service to clients in need. Seeking help from a reputable timeshare cancellation company can be beneficial if you do the proper research to find a trustworthy ally in this industry.
What is a timeshare cancellation company?
Timeshare cancellation companies assist timeshare owners in cancelling their timeshare agreements permanently. These companies started in response to complaints by vacation timeshare owners who wanted a way out of their timeshare obligations. The timeshare cancellation industry focuses on the consumer’s rights when it comes to timeshare ownership. The timeshare exit process, if successful, allows owners the ability to completely end their financial obligation tied directly to the timeshare company.
Are timeshare cancellation companies legitimate?
Although there are legitimate timeshare cancellation companies out there, there are also a lot of scam companies to watch out for. If you don’t do your research, you could potentially become a victim of a timeshare exit or timeshare cancellation scam. Victims of timeshare cancellation fraud normally experience deceitful tactics, similar to what was used on them during a timeshare presentation. Timeshare owners should be leary of anyone who cold calls them or offers to buy their timeshare over the phone.
One way to protect yourself from the illegitimate companies out there is to be sure you only work with companies who offer a 100% money back guarantee. If they do not, that should be a red flag that they could be trying to take advantage of you. Avoid all scams by doing your research and look for specific qualifications in a timeshare exit company.
Best Timeshare Cancellation Options
In order to find the best timeshare cancellation company, you will want to conduct your own research on these companies, and select an exit company that fits the following criteria.
- A proven, legitimate process
- Long-standing industry experience
- 100% money-back guarantee
- An ethical, legal and strong financial backbone
- Honest client reviews and testimonials
- A track record of full transparency
One company that meets all of these criteria is Wesley Financial Group, LLC. They have an in house team who have been successfully cancelling timeshares since 2011. Wesley Financial Group, LLC has over 70 video testimonials and over 1500 positive reviews from satisfied consumers. They have been awarded the highest rating from Dun & Bradstreet, a business credit reporting agency, proving they have a strong financial backbone. They also report they have a 98% success rate and offer a 100% money-back guarantee. If Wesley Financial Group, LLC takes you on as a client, they promise to cancel your timeshare, or you will pay nothing. They have returned over $1.8 million in fees to the 2% of customers they have been unable to help.
How much does it cost to cancel a timeshare?
A lot of timeshare cancellation companies do not list pricing for their services on their websites. This is not because they have a lack of transparency, but because they offer an individualized approach. Each timeshare owner has a different situation when it comes to their timeshare, and therefore these companies have to tailor their cancellation approach to that specific client’s needs.
Most timeshare cancellation companies consider variables such as timeshare mortgage status, length of ownership, how long it will take them to cancel your timeshare, the complexity of your case, and more to determine a price. The good news is that due to timeshare companies rapidly increasing maintenance fees and other hidden costs, it is always much cheaper to cancel a timeshare than to keep it!
What happens when you pay off your timeshare?
You may think that you do not need to worry about cancelling your timeshare as long as you pay it off. However, this is not true. No matter if you have paid off the mortgage on your timeshare or not, you will be responsible for the maintenance fees associated with the timeshare for as long as you own it. The only way to completely relieve yourself of your financial obligation to the timeshare company is to cancel your timeshare agreement for good.
One of the best timeshare cancellation companies is Wesley Financial Group, LLC. They meet the criteria listed above and have proven they are one of the best companies in the timeshare cancellation business. To get started with a highly rated and legitimate timeshare cancellation company, contact Wesley Financial Group, LLC.