Updated 4/8/2022
Do you have difficult timeshare documentation questions that you need to be answered and aren’t sure where to turn? For example, do you own a timeshare forever, or can you sell them to someone else? Understanding these questions can help you better plan your timeshare experience and avoid problems.
Answering Your Questions
Thankfully, you don’t own a timeshare forever if you find someone who’s willing to buy it from you. Identifying an individual willing to take over your timeshare dues requires a little research and taking the time to prepare your timeshare for sale properly and legally.
If you’re interested in buying one, though, you also need to know how to buy a timeshare from the owner, including different transfer techniques that may work for you. Selling and transferring timeshare ownership isn’t complex but is slightly different from homes or apartments.
Handling These Steps Properly
If you need timeshare advice on these questions or any other topic, it is vital to discuss these topics with a timeshare professional who fully understands your needs. Doing so will help ensure that you get the best experience possible and minimize complications with your overall property needs as a timeshare owner.
We never think we will personally be the victims of fraud, but when you consider how to get timeshares and really look at time share costs, it becomes clearer how people who would otherwise not become involved in such a fraud could become the victims of a timeshare. Instead of thinking how to get timeshares, these people quickly begin to think of how to get out of timeshare ownership.
Though we’ve all heard of timeshares before, timeshare ownership in lieu of deed is not as common as you would think (and this alone speaks volumes on the satisfaction of timeshare owners). In fact, only around 3% of the population in the United States are timeshare owners, and there are just over 1,500 timeshare resorts total in the United States. But among timeshare owners, who are an average age of 46, up to 85% of them feel dissatisfied with their timeshare ownership and experience. There are a number of reasons for such unhappiness, including maintenance fees that are sky high as well as innate distrust of the company that showed them how to get timeshares in the first place.
With so many people wondering how to get out of a timeshare mortgage in lieu of deed, how do people get roped in in the first place? Simply put, because of all of our desires for rest and relaxation. In this hectic world, many of us feel stressed on a regular basis. For those of us with families, we often find ourselves lacking in quality time together. Taking a vacation has been found to be the activity that makes families the most happy, with almost 40% of families saying that vacation time together made them happy and over half of survey respondents had a beach vacation planned within the next year. Timeshare companies sell how to get timeshares as a cost effective way to vacation and own your own vacation property. On the surface, it sounds like an ideal situation. Unfortunately, with extremely high maintenance costs, people often end up losing more money on their timeshares than they’re saving by owning their own vacation property.
Fortunately, however, it’s possible to sell your timeshare in lieu of deed. There are legitimate companies that buy timeshares in lieu of deed, but it’s important to seek legal counsel before proceeding to have a professional opinion and to make sure that you aren’t violating any contracts. But it’s not impossible to do, and of the $10 billion dollars the timeshare industry makes every year, around one and a half billion dollars of their total sales will ultimately be canceled.