Top Reasons to Get Rid of Timeshares

When it comes to timeshares, you can’t win for losing. Since timeshare salespeople are so good at selling a dream, many people become swept up in this investment. However, the reality is, timeshare contracts never live up to people’s expectations. If someone roped you into an agreement and you want to cancel your timeshare, read these top reasons to get out of a timeshare. You’ll feel a huge weight lifted off your shoulders the moment you’re no longer under any obligation.

Continuous Fees are Expensive

Timeshares are expensive. First, buyers need to make a down payment. Usually, the down payments for timeshares are substantial—yet, the expenses don’t stop there. People who own timeshares spend a significant amount of money every month to keep their timeshare ownership intact. They must pay maintenance fees and high-interest charges. Timeshares are never just a “one and done” deal. Moreover, people may not even know about these additional fees when they enter into the contract. Since timeshare salespeople are so manipulative, they hide many of these charges in the fine print.

There Are Better Ways to Vacation

Timeshares seem like the perfect way to vacation. However, the dream isn’t as perfect as it seems. In fact, some timeshare contracts don’t allow you to choose the time you want to stay at the property. They assign dates without having any say—it’d be awful if you wanted to visit your property in the summer only to find out your time slot is in November. The reality is, there are much better ways to vacation. For example, many vacationers these days use Airbnb to book their perfect vacations. That way, you can plan your trip according to your schedule, and you won’t have to worry about hidden fees.

Timeshares Cause Stress

Another top reason to get rid of your timeshare is if it stresses you out. So many people are unaware of the consequences that come with a timeshare contract when they enter into them. The hidden fees, complicated scheduling, and manipulative salespeople make the process so complicated. Ultimately, a timeshare should be a vacation property—not something you have to fret about every month. If you’re feeling overwhelmed or notice that your contract is more stress than it’s worth, cancel your timeshare today.