How to Get Out of a Timeshare Mortgage

The most effective way to cancel your timeshare is to work with a company that understands the intricacies of such contracts. At Timeshare Wizards, we understand how frustrating wasted investments can be and take pride in helping people get rid of their timeshares. We are here to help relieve you of the financial burden and live life freely again in three simple steps:

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Step 1: Timeshare Cancellation Qualification

Take a test to determine if you qualify for a timeshare cancellation.

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Step 2: Review Your Options

Schedule a consultation to discuss your options with a member of our team.

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Step 3: Get Results

Once you qualify, we get you out of your timeshare permanently.

Questions and answers on how to cancel your Timeshare

We know you have questions about cancelling your timeshare and our answers are as accurate and detailed from our research

How do I get out of my timeshare?

We have two programs for clients that desire to exit their timeshare – Our primary service is a legal and permanent cancellation of your timeshare ownership by using attorneys who have been battling these resorts for many years and Winning! Our Secondary service is a Transfer Service for clients who have completely utilized their timeshare and just want to move on because their lives and vacationing styles have changed.

How much does it cost to cancel my timeshare?

Every Timeshare cancellation qualification is unique in its own and is not a one size fits all situation. Depending on your property, we offer all our clients a free consultation to make sure they qualify for our services. In summary, if your timeshare qualifies then our senior advisor will be provided with a fee and they will provide you with information to make the decision. If you choose to move forward with our services, we have a strict no pressure policy, the choice must be completely yours.

Is it worth it to cancel my timeshare mortgage?

That is a question that you have to answer yourself, if you are happily using your Timeshare then you should continue using your Timeshare. You should also contact your resort to see if there is anything they can do for you as well. But if you have contacted the Resort and there isn’t a solution for you and if you are unhappy with your ownership and have tried many times to use it with no avail then why continue to pay for something that you cannot use or are happy with. We think a situation like this is similar to having health insurance but doesn’t cover you for anything. What's the point of keeping the policy?

How do I get out of my timeshare mortgage?

Essentially, our Attorneys cancel Timeshares equating to hundreds of thousands of dollars in Timeshare Mortgages every week. That being said, we review your current situation and provide you with the best options for your timeshare mortgage.

Will I get money back I paid for my timeshare?

Though we have gotten clients’ money back in the past, these occurrences are few and far between so we make it a company standard to never promise a client anything that we cannot guarantee. Basically, we suggest that you be very careful when you are promised by a company that they can get you money back because there is no way they can guarantee you that they can get you money and it's usually just a ploy to get you to do business with them.

What information do you need from me so you can cancel my timeshare?

We need very little information besides knowledge of what you own and at least a copy of your most recent maintenance fee, if you have additional documents such as a copy of the Deed or the Contract that will help us assess your case. 

How does Timeshare Cancellation Work?

Often when timeshare owners are sold, they make misleading statements or false promises, and often leave important communications which should have been made to you out. Consumer security regulations are violated, and that gives you reason for the cancelation of the timeshare mortgage.

Timeshare owners normally have a right, depending on their state legislation, to cancel the time-share agreement within a certain period of time. For the timeshare mortgage cancelation period, State legislation specifies a minimum number of days. Various contracts can also cover longer timeshare mortgage cancellation periods. If the deadline to cancel your timeshare has ended, we can still help you.

Understand your options

How to cancel a timeshare mortgage

Top Reasons to Cancel a Timeshare Mortgage

Timeshare people are so good at selling a dream that many people get sucked in. It may take a while but you soon start dreading the payments and maintenance fees draining your account. In fact, 85% of timeshare owners feel trapped and like you, are looking for a way out. Worry not, Timeshare Wizards is here for you. We can help you cancel your timeshare easily without any negative impact.

Limited or No Availability at the Resort

Timeshare people are so good at selling a dream that many people get sucked in. It may take a while but you soon start dreading the payments and maintenance fees draining your account. In fact, 85% of timeshare owners feel trapped and like you, are looking for a way out.Worry not. Timeshare Wizards is here for you. We can help you cancel your timeshare easily without any negative impact.

Continuous Fees are Expensive

Timeshare people are so good at selling a dream that many people get sucked in. It may take a while but you soon start dreading the payments and maintenance fees draining your account. In fact, 85% of timeshare owners feel trapped and like you, are looking for a way out.Worry not. Timeshare Wizards is here for you. We can help you cancel your timeshare easily without any negative impact.

The Realization that Timeshares Have $0 Resale Value

Timeshare people are so good at selling a dream that many people get sucked in. It may take a while but you soon start dreading the payments and maintenance fees draining your account. In fact, 85% of timeshare owners feel trapped and like you, are looking for a way out.Worry not. Timeshare Wizards is here for you. We can help you cancel your timeshare easily without any negative impact.

Inherit the Contract

Timeshare people are so good at selling a dream that many people get sucked in. It may take a while but you soon start dreading the payments and maintenance fees draining your account. In fact, 85% of timeshare owners feel trapped and like you, are looking for a way out.Worry not. Timeshare Wizards is here for you. We can help you cancel your timeshare easily without any negative impact.

Lack of Flexibility

Timeshare people are so good at selling a dream that many people get sucked in. It may take a while but you soon start dreading the payments and maintenance fees draining your account. In fact, 85% of timeshare owners feel trapped and like you, are looking for a way out.Worry not. Timeshare Wizards is here for you. We can help you cancel your timeshare easily without any negative impact.

Key Things to Consider When Doing a Timeshare Cancellation

Looking to cancel a timeshare mortgage? Before you start, check out the considerations below:

Legal Recession Period

If you are regretting your timeshare purchase and are still in the rescission period, you can back out of your contract. The period varies depending on the state and is almost always 3-15 days. You’ll want to adhere to the contract terms if you wish to rescind your timeshare.

Selling is not an Option

Timeshares depreciate in value and as such, you will lose money if you sell. It will be difficult finding someone to take them off your hands for more than a dollar, especially if you still owe the timeshare mortgage. Be wary of companies offering to sell the timeshares for you as most are scams. They will charge you a fee at every step and not deliver the desired outcome.

Timeshare Mortgage

Have you paid off your timeshare mortgage? If not, there are very few cancellation options available to you. There are several strategies you can pursue if your timeshare mortgage is paid off.
Facts on cancelling a timeshare mortgage
Ways to cancel a timeshare mortgage

Type of Timeshare Contract

There are different types of contracts, all of which impact your exit strategy. For instance, a deeded contract gives you legal rights to the property. A right-to-use contract only allows you to vacation at the property during the allotted time. Other types of contracts include fixed-week, floating week, and points club contracts.

Deed-Back Option

On rare occasions, vacation properties offer the deed-back option. This is where you sign over your deed back to the resort, allowing you to get rid of the timeshares with minimal hassle. The downside is that you’ll probably be charged a fee and won’t receive any money for your timeshares. You must complete all mortgage payments to qualify for this option.

Timeshare Inheritance

If you just inherited an unwanted timeshare, you can file a disclaimer of interest. Most states give you nine months to denounce your interest in the property. To qualify for this option, you must not use the timeshare for personal benefit after inheritance. This includes visiting the property, taking a vacation there, or even renting out your time slot to friends or family.

Details on how to get out of a timeshare mortgage

Are you online searching for “how to cancel my timeshare mortgage”?

Take the qualification test today and schedule a consultation. We’ll give you all the information you need to start your journey towards freedom from timeshare burdens.
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