If you are the owner of a no longer wanted Hilton timeshare, we can guide you in the right direction for the smooth, successful cancellation of your timeshare contract.
Hilton’s Timeshare Cancellation Program
Often, the best way to get out of a timeshare contract is to work directly with the timeshare developer. Many timeshare resorts offer programs to assist timeshare owners with ridding themselves of unwanted timeshares. These programs are usually less expensive than working through third-party companies that assist with breaking timeshare contracts, so it is always recommended to first explore this option before moving on to others. Hilton’s program for cancelling timeshares is named Hilton Grand Vacations Member Solutions, and more information on the service can be found here. You can directly contact Hilton to find out more about how they can help you in your situation.
Timeshare Resale & Broker Companies
A commonly held belief among timeshare owners is that owning a timeshare is like owning real estate, where value grows with more time. This is, unfortunately, not the case at all. While some timeshares, such as those by Disney Vacation Club, do usually hold their value, most do not. In fact, many timeshares can be found listed on Ebay for as little as $1. This is because timeshare developers, like Hilton, increase the initial cost of a timeshare to pay for overhead costs, such as commissions on the timeshare sale, gift incentives, and facilities.
It is rare to be able to resell a timeshare on the market for any substantial value. However, there are timeshare broker companies out there that claim to help timeshare owners do just that. Usually, these timeshare brokers will only work with owners of high value, in-demand timeshares because they are paid based on commission. It is important to note that timeshare resale companies that charge high up-front fees for their services are usually scams.
Timeshare Exit Companies
Timeshare exit companies are another option for timeshare cancellation. These businesses assist timeshare owners whose timeshare developer does not offer its own program to cancel their timeshares. In the case of a Hilton timeshare, the best option is to work with Hilton directly through their own timeshare cancellation service. This will save you effort and money.
However, it is important to note that if you should ever need to work through a timeshare exit company to rid yourself of a timeshare contact, you should only work with one that offers a low up-front fee escrow payment option, where customers pay for the service initially to a third-party holding account that only releases the money to the timeshare exit company itself upon the successful cancellation of the timeshare. Using a low up-front fee escrow payment option is the only sure way to protect yourself from being scammed out of money by a timeshare exit company.
Our website offers guidance on how to get rid of your unwanted timeshare while avoiding scams. If you would like to receive more information on timeshare exit companies, low up-front fee escrow payment options, or advice on terminating your timeshare contract, please do not hesitate to fill out our contact form or engage in our live chat.