Timeshare relief companies have been preying on timeshare owners for years. These scammers claim to help timeshare owners transfer ownership of their unwanted property. Unfortunately, many of these companies fail to perform the necessary steps to accomplish this goal. Here are some things to keep in mind when researching a timeshare relief company.
One of the main concerns with a timeshare relief company is whether they are legally allowed to take possession of your property. This is a concern because they may be able to circumvent the developers, transferring your interest to a shell company or a third party.
Another issue to consider is how much they charge to take your property off your hands. Some companies will request upfront payments of thousands of dollars before performing any work. If you are not sure about the company’s background, you should check their credentials with the Better Business Bureau. However, some companies do not charge an up-front fee.
Several timeshare relief companies also offer a money back guarantee. You may be tempted to accept this, but this is meaningless if the company doesn’t perform any real work. A legitimate company will explain the various options available to you and explain the consequences of each choice. The key is to find a timeshare relief company that offers the service you are looking for, and is transparent with their procedures.
In addition to a timeshare cancellation service, some timeshare relief companies offer inventory recovery services. This is a specialized service, and you should be wary of these companies. Many of them use subcontracting to complete the work. As a result, you may never get the property transferred to you.
Another option for obtaining timeshare relief is to donate your timeshare to a nonprofit organization. Depending on the condition of your timeshare, this can be a tax deduction. But it’s important to consider the amount of your property’s value before you make a donation.
If you are considering a timeshare cancellation, you should consult with an attorney. Oftentimes, these experts will be able to determine if you have a valid reason to leave your timeshare. They can also provide the appropriate paperwork for your case.
Before making a decision, be sure to ask questions about the company’s history and how the company handles your situation. For example, does the company require a Power of Attorney? Does the company use a third-party licensed title company? Are the associates professional?
Timeshare Relief is an American-based company that provides timeshare relief services. It has helped thousands of timeshare owners with their exit issues. Founded by David and Cindy MacMillan, the company was created in 2004. Their goal is to assist clients who are fed up with the timeshare maintenance fees and are looking for a faster way to cancel.
Easy Timeshare Relief is based in Meridian, Idaho. They claim to have more than 15 years of experience with timeshare contract cancellation. The company claims that it can release you from your timeshare in twelve months. While this is a bold statement, it is difficult to verify.