Buying a timeshare may have seemed like a good idea at the time, but now you are stuck with a contract that you don’t want. It could be that you have inherited a timeshare that you don’t need, or you have found better alternatives for your holidays. You may be looking for a way to cancel your timeshare contract and free yourself from this burden.
The problem is that exiting a timeshare is much harder than entering one. Most timeshares depreciate rapidly, and there is no demand for them in the secondary market. If you hope to sell your timeshare independently, you may encounter disappointment or deception.
That’s why many timeshare owners turn to timeshare cancellation companies for help. These are companies that offer the knowledge and skills to help owners get out of their timeshare contracts once and for all. However, not every timeshare cancellation company is trustworthy. Some are frauds that will charge you upfront fees and disappear.
So how do you find the best timeshare cancellation companies? Here are some criteria to help you make a wise decision.
1. Look for reviews and ratings from previous customers and reputable sources. You can find reviews on platforms like Trustpilot, BBB, Yelp, Google, etc. Look for favorable reviews that mention concrete details about the company’s service, process, fees, and outcomes. Avoid bad reviews that mention schemes, problems, additional fees, or poor communication.
2. Search for companies that give a free consultation and a no upfront fee policy. A free consultation will enable you to talk to an expert and get a realistic evaluation of your options. A no upfront fee policy will safeguard you from paying anything until your timeshare cancellation is finalized.
3. Check for companies that have a money-back guarantee or an escrow payment option. A money-back guarantee will make sure that you get a full refund if the company fails to cancel your timeshare contract. An escrow payment option will let you deposit the funds in a third-party account until the service is finalized.
4. Check for companies that have a proven track record and experience in the industry. You can find out how long the company has been functioning, how many customers they have supported, and what kind of achievements they have accomplished. You can also ask for references or testimonials from past clients who have successfully canceled their timeshares with the company.
5. Look for companies that have a professional and transparent approach to their service. You can find out how the company communicates with its clients, how they handle conflicts or complaints, and how they explain their process and fees. You can also find out if the company works with licensed attorneys or other experts who can help you cancel your timeshare contract legally.
By following these guidelines, you can choose a reliable timeshare cancellation company that can help you end your unwanted timeshare contract.