Cancel a timeshare
#4
Joined: Jan 2003
Posts: 98,206
Likes: 12
I was hoping it was very recent because you might have a better chance to dispute it (like if it was on a charge card or you'd just done it yesterday).
It depends the kind of contract you signed, but unfortunately they are notorious hard to get out of. I am sorry for your situation.
It depends the kind of contract you signed, but unfortunately they are notorious hard to get out of. I am sorry for your situation.
#7



Joined: Oct 2005
Posts: 75,020
Likes: 50
It entirely depends on where and which property. The VAST majority have essentially no re-sale value. It gets even more difficult if you have a mortgage or still owe money on it. If you own it free and clear you can sell it - but almost certainly for a loss. Most properties have a list or website where members/owners buy/sell/exchange weeks. The biggest problem is you will be in competition w/ the resort itself -- selling units/weeks they have repossessed due to non-payment of the annual assessments. They will sell them very cheap just to get new blood who will pay the assessments.
However -- there are <i>some</i> (very few) premier properties that are sought after.
However -- there are <i>some</i> (very few) premier properties that are sought after.
Trending Topics
Thread
Original Poster
Forum
Replies
Last Post
mandy_steele
Africa & the Middle East
10
Feb 21st, 2008 06:54 AM




