Getting rid of your timeshare is one the smartest things you can do. The fees are never ending and will continue to go up. The longer you wait to get rid of your timeshare, the more money you’ll end up wasting in the long run.
The second you buy a timeshare from a resort developer directly, its value decreases by 50% – 90% or more. Kind of like a used car. That’s why there are so many timeshares for sale all over the internet for as low as $1!
Many timeshares for sale for $1 don’t even sell. The secondary resale market for timeshares is almost non-existent. Do a search on eBay for “timeshare” and you’ll find hundreds of timeshares being advertised for sale for $1 with 0 bids. This shows you there is a very low chance that you will ever sell your timeshare.
If you can’t sell your timeshare, you’ll want to consider working with a timeshare cancellation company to get rid of it. Timeshare
cancellation companies work with lawyers to get your contract cancelled.
What Is TimeshareCancellationReview.com?
We are a review website. We review timeshare cancellation companies and help owners avoid scams. One of the best ways to avoid scams is to use an escrow payment option when cancelling your timeshare.
What Is Escrow?
Escrow is basically a middle man that securely holds your payment in a safe third party account while your timeshare is being cancelled by the timeshare cancellation company. You pay the escrow account up-front, but the timeshare cancellation company does not get paid from the escrow account until AFTER your timeshare has been cancelled.
Why Is Escrow Important?
We never recommend paying any timeshare cancellation company up-front to cancel your timeshare. We only recommend paying an escrow account up-front so you stay in control. If the timeshare exit company fails to cancel your timeshare or goes out of business, you get your money back directly from the escrow company. This gives you piece of mind.
Anyone can say “We have a 100% money-back guarantee”, but that means absolutely nothing. The company could simply not return your money and you’d be stuck working with the BBB trying to get a refund that may or may not ever happen. Always use escrow!