5 Most Common Myths about Canceling Timeshares

 When you work with a timeshare cancellation company that knows what they’re doing, they already have an idea of what the cost of the process will be. If the company you’re speaking to about exiting your timeshare doesn’t ask for an upfront fee before proceeding, that’s a glaring red flag. Do not work with them. They could expose you to additional hidden fees (either from the resort or their own company) and other problems. Quickest Exits always charges an upfront fee because we know what we are doing. 

 This is a common misconception. Most lawyers have minimal information and experience when it comes to cancelling timeshares. There aren’t enough hours in the day for your family attorney to get the expertise needed to safely and legally dissolve your timeshare. It’s best to work with a team of specialists whose sole focus is on cancelling timeshares and vacation memberships. Quickest Exits exclusively cancels timeshares and vacation memberships. We do not do anything else. 

 The truth is that if you pay for something with a credit card, you are protected by federal law. Escrows are useful for large real estate and business transactions to prove capability on both sides. Using an escrow will only set you up for additional fees and complicated legal paperwork. If your timeshare exit company suggests using an escrow, chances are they’re going to attempt to befuddle you with confusing legal agreements. You run the risk of having absolutely no work being done on your timeshare exit — that isn’t worth it. 

 Ask your children if they want to assume the liability of the vacation membership. They’ve grown up and may have a husband or a wife that may not necessarily have the same emotional attachment to the resort as you. Your children may want to avoid thousands of dollars of fees instead of taking over the timeshare. Imposing your timeshare on someone else is a selfish thing to do.

If you use a third-party booking website, you do not have to negotiate with the rigid calendars that the resorts have for owners. It is a well-known fact that they do not make all of their inventory available to owners.