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It’s a classic situation: You are on vacation, walking on the beach, when suddenly you get approached by an enthusiastic salesman.
He offers you a free breakfast, discount coupons and a city tour, all you have to do is attend a 90-minute timeshare sales presentation. You immediately accept the offer; after all, what could be wrong with that?
Timeshares are clearly not for most people, however, they are constantly offered to anyone who is on vacation.
Although there are lots of people who agree to go to the presentation just to get the freebies, unfortunately, many of them end up falling for the trap. Read this article to learn more about how to give away a timeshare.
Timeshare Owners Who Regret Their Purchases Are on The Rise
Even though there are lots of timeshare owners who feel happy about their purchases, there are millions of others who regret having bought theirs and would love to know how to give away a timeshare.
The reasons to get rid of a timeshare are many. Several people feel they were scammed by the promises made by the timeshare salespeople.
They were told their purchase would become an “investment”, or that they could rent it easily, which is very unlikely.
Nevertheless, not all timeshare purchasers feel they were scammed during the presentation.
Some others want to get rid of their timeshares because they are not able to afford them anymore, especially in this struggling economy.
Others realize that they will not be able to use it any longer, and others just get bored with vacationing at the same place every year.
Whatever the reason, they all want the same thing: to get out of a timeshare contract.
How to Give Away a Timeshare
A timeshare might be difficult to get rid of, but it is not impossible. These are 4 of the most common solutions on how for giving away a timeshare:
Sell your timeshare: This would be the easiest solution to get out of a timeshare legally, if only the resale market wasn’t so poor.
Timeshares are extremely difficult to sell, in fact, they are almost impossible to sell. There are over 600 timeshare units on the resale market for every prospective buyer.
Donate
Donate your timeshare: A Timeshare donation to charity has a few advantages. Once you donate your timeshare, it won’t be your problem anymore, and you might get a small tax deduction for the charitable contribution.
Unfortunately, most charity organizations refuse to accept timeshare since they are not willing to clear off the outstanding debt, and even if the timeshare is paid in full, they wouldn’t be happy to pay the annual timeshare fees.
Give away
Give it to someone else: This should be considered a last-resort option. Find someone who is willing to take your timeshare off your hands and assume the financial obligations that come with it.
Cancel
Cancel a timeshare: This is the best solution to get rid of a timeshare efficiently. When a timeshare is properly cancelled, the financial obligations attached to the resort will be gone: no more threatening calls, no more debt, and no more maintenance fees.
It is important, however, to cancel your timeshare agreement with the right professionals in order to avoid being scammed.
Beware of con artists: Never pay an upfront fee in an effort to get rid of your timeshare.
Do Not Let This Happen to You
If you are stuck with a timeshare you no longer want, do not feel embarrassed about it, you are not the only one. At Mexican Timeshare Solutions, we specialize in cancelling timeshare contracts.
As specialists in the timeshare industry, we are committed to offering timeshare help in a fast, friendly and experienced service to clients.
Our associates have several years of experience in the timeshare industry and are successfully able to resolve timeshare scam cases in an ethical and professional manner.
Contact us today for a free consultation and get some final relief from your timeshare!
To receive more information about how to give away a timeshare and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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en momentos de desesperacion cualquier opcion es buena!! tomaria la que fuese con tal de cancelar mi tiempo compartido lo mas rapido posible
La mejor opcion es cancelar, mil veces. No creo que sea tan facil encontrar alguien que quiera el tiempo compartido, en realidad debe ser imposible. Todo lo demas aparte de cancelar, no deberia ser siquiera una opcion.
Sadly, everyone wants to give away their timeshare once they got it! It's nothing but a waste of money, thanks for the article
timeshares can be notoriously difficult to escape from. The binding nature of the contracts and shaky demand on the secondary market means that unloading the once-coveted vacation destination can be difficult, costly and time consuming.
i own a timeshare and it's nice to know that i can get out of it by different means
Been paying on a timeshare for almost 2 years now. Have never been able to actually use it. Have a letter typed up about misrepresentation that acccured when I bought the timeshare (that it has equity, tax benefits etc). I am planning on sending the letter to the timeshare company in hopes I can just count my loses. Any advice? Is this possible?
Timeshares soared in popularity over the past 15 years, but recently, as the economy has dipped; many individuals are reconsidering whether owning a timeshare is really worth it. During boom years, people thought timeshares were a great investment, similar to owning a vacation home, but without all of the other costs associated with it. But now, people are realizing that a timeshare is a pretty poor investment, and are looking for alternatives.
Me gustaria cancelar mi tiempo compartido, tengo mas de 3 años intentando hacerlo, pero la empresa no atiende mis llamadas ni mis correos, he buscado ayuda por otros sitios pero no han sido lo suficientemente profesionales para llevar bien mi caso, y solo he perdido dinero y tiempo
es un alivio saber que aun hay solucion a tanta estafa, ya he perdido muchisimo dinero tratando de salir y me gustaria que me ayudaran
Gracias por los consejos, estuve pensando en adquirir un tiempo compartido, pero preferiria evitarme esta clase de problemas que vienen después
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