Timeshare relief is an important tool for vacation owners who are struggling to keep up with their mortgages and maintenance fees. It helps them get out of their contracts so they can stop paying these high fees and save money in the long run.
There are a few different types of companies offering timeshare relief, including inventory recovery firms and transfer companies. There are also companies that help developers restock their inventories, and others that advocate for consumers with timeshare disputes.
Some of these companies can help you get out of your contract for a fee, but they aren’t the only options out there. Those that are licensed, bonded, and insured are usually a good bet. They should offer a money back guarantee and have an escrow option so you don’t have to worry about losing your hard-earned cash.
Getting Out of Your Timeshare With Timeshare Exit Team
Timeshare Exit Team has been around since 2012. They have an impressive website with a video from their founder and CEO, Brandon Reed, that makes bold claims about how easy it is to get rid of your timeshare for good.
Their mission statement is straightforward: “Helping people like you escape timeshares that don’t work for them”. The company promises that they can help you get out of a timeshare by identifying the deception that took place when you were buying or upgrading your timeshare.
They offer a variety of services, from full cancellation to debt reduction and even foreclosure assistance. This is especially helpful for owners who have had a timeshare for several years and are in debt to the resort.
You can call or go to their website to schedule a free consultation. After a short questionnaire, they will email you a quote with a detailed description of what you will need to do to get out of your timeshare.
The company is licensed, bonded, and insured in Florida and North Carolina. They use a law firm to help them, and they give you their contact information so you can reach one of them if you have questions or concerns.
They claim that they can help you get out of your timeshare in less than a year, and that it is easy to get a refund if the company fails to complete the process. This is an important feature to look for because a lot of timeshare companies take years to get you out of your timeshare and don’t guarantee you a refund if they fail to do so.
If you want to be sure that you are getting the best deal possible, check their testimonials on Trustpilot or other online review sites before signing up with them. You can also read a few reviews from actual clients on their site to see what other people thought of their service.
If you have a timeshare that you can’t afford anymore, consider selling it or donating it. This will allow you to eliminate some of your debt and get a tax receipt that will help you with the IRS. It will also help you to get out of your timeshare so that you can start enjoying life again.