Have you purchased a timeshare contract and now regretting your decision? Don’t worry. You don’t have to stick with this issue for lifelong. There is proof and a legal way to get out of the situation without paying any hidden fees. Let’s see how it is done:
Purchased Timeshare three days ago?
Did you purchase your timeshare contract three days ago? Then luck is by your side? The Federal Trade Commission provides a Three-day “three-day cooling off period” on your purchase. Suppose you signed your timeshare contract on Monday; you can still get out of it till Thursday and save yourself from your irrelevant purchase.
But this rescission period varies from state to state. In a few states, the period can be as long as Three weeks from the day of your purchase. Your seller is legally bound to provide you with information on the cancellation and place the money on escrow until the deal gets over. This way, you can beat the deadline and save yourself from binding yourself from a lifelong dilemma.
Here is how you can cancel your timeshare contract if you brought it in three days ago:
- Write down your issue with the timeshare contract and postmark the envelope.
- Post it before midnight of the recission period.
- If your letter reaches you on time, you will be saved, but if there is any delay in receiving the letter, you will stick with the deal.
What to do if you cross the cooling-off period?
Delayed in sending your letter before the cooling off period? Unfortunately, now there is no immediate solution to exit from your timeshare contract. So, before you dive into finding the Best Timeshare Exit company, try to catch some loopholes from the seller side:
Was he fully transparent with all the details?
Maybe they didn’t disclose all the relevant details to you?
If something doesn’t fit in well with the contract, you can lodge a complaint, hire a lawyer and get out of the contract by taking strong legal action. But in no case do we suggest you sell your timeshare. No matter who you will pass on your timeshare contract, you will have to bear all the expenses in case they fail to pay them in the first place.
So, now you are left with only one option: hire a timeshare cancellation company.
Will your family members be liable to pay?
Most people don’t know this detail, but if the owner of the timeshare contract passes away, their children will be forced to bear all the expenses. If the timeshare contract isn’t broken in any case by the owner, their children automatically inherit it. So, it will be continued getting passed till the end of the time. Therefore, hiring the best Timeshare Exit company becomes more important than ever if you think you cannot bear its expenses.
Hiring Timeshare Cancellation Company: Conclusion
When you know, there is no way to get out of your timeshare contract, hiring a timeshare cancellation company is recommended. A Best Timeshare Exit company will not help you get out of the contract but will also ensure that you don’t have to pay any other hidden fees.
They have talented specialists who will work with you day and night and figure out a way to give you financial freedom. Yes, you might have to pay heavy prices for a team of experts, but it will only be a one-time payment, unlike the timeshare contract, where you have to pay monthly fees for the rest of your life.
But it is only possible if you are choosing a reputed and trustworthy firm. So, make sure to check out their website and go through their reviews.