Timeshare cancellation in Florida

How to Cancel Your Timeshare?

Timeshare cancellation in Florida may be an option if you recently acquired a timeshare and regret it. You’ll have to act quickly. The “rescission period,” or the time you have to call off the transaction, is determined by state legislation. You usually only have a few days.

Cancellation of Your Timeshare Agreement

The majority of the time, you will be required to send your cancellation in writing. Even if the law enables you to cancel the contract informally, preparing and sending a timeshare cancellation letter to the seller is a smart idea.

What Should a Cancellation Letter Contain?

The following information should normally be included in a cancellation letter: the buyer’s name as it appears on the contract, as well as the buyer’s address, phone number, and email address the name of the corporation that sells timeshares, description of a timeshare (use the description from the timeshare paperwork), the purchase date of the timeshare, as well as a clear indication that the buyer is terminating the contract. You can seek the help of an experienced timeshare attorney Florida for paperwork.

Notifying a Client of a Cancellation

State legislation normally dictates the manner in which you should communicate the cancellation. Alternatively, the timeshare contract may provide instructions. Some timeshare firms enable cancellation notices to be delivered by hand. Others will only accept mail that has been registered or certified. Make sure you follow the instructions to the letter and that it is delivered within the rescission time; otherwise, your cancellation may not be valid. You can contact timeshare exit team in Florida to make the necessary process for timeshare cancellation.

After the Rescission Period Has Expired, Cancelling a Timeshare

If you wish to sell your timeshare after the rescission period has expired, you’ll probably have to sell it to a new owner rather than receiving a refund. (Keep an eye out for resale frauds.) However, under some conditions, state law may allow you to withdraw a timeshare contract after the rescission period has passed.

How to Stay Safe When Buying a Timeshare?

When purchasing a timeshare, it’s vital to be aware of all of your options. If you sign a timeshare contract primary in your trip, the cancellation period may end before you return home. Make sure you read all of the details of the contract before you buy the timeshare so you don’t lose out on the window of chance to cancel it. Most timeshare regulations require the seller to include information in the contract regarding how long you have to cancel the contract and how to send a cancellation letter.

Consider speaking with a consumer protection attorney or a timeshare attorney Florida to determine how much time you have to cancel a timeshare contract and the precise procedures you must follow. Consult an attorney where you purchased your timeshare to learn about your cancellation rights.

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Ultimate Guide for Buying a Timeshare

Do you wish you could take your family to a destination they could visit year after year? Do you like the concept of having a vacation home? If that’s the case, a timeshare might be the ideal option. It might be tough to plan a new vacation every year. Plus, when you examine the time-to-use ratio, the cost of buying a second home solely for holidays appears needless. Timeshares, on the other hand, can offer you and your family devoted use time, a lovely property, and a fantastic location each year.

Don’t buy a timeshare on the spur of the moment

You must ensure that you will use your timeshare in order to save money in the long run. Buying a timeshare without considering all of the specifics is the most common mistake and primary cause of timeshare buyer’s remorse.

Be aware of your vacation budget

Consider the vacation’s associated costs. Are you able to cover the cost of getting to your timeshare? Will you require plane tickets, car rentals, or a budget for your family’s entertainment and activities once you arrive? If you’re going on a vacation with extended family or friends, consider whether they’ll be able to cover the costs as well. If you have purchased timeshare and wondering how to cancel my timeshare, you can contact a timeshare attorney in Florida.

Be aware of your time commitment

Is it realistic for you and your family to travel several times a year, despite your desire? If you plan on taking one or two trips each year, timeshares are a good investment. Consider if you’ll be able to take the time off work and, if you’ll be travelling with children, whether your timeshare window falls around school holidays. Changing your week may be difficult due to the fact that many timeshare owners have a claim to the same location. You can consider timeshare cancellation Florida at any time when you feel that you don’t want your timeshare anymore.

Know where your timeshare is located

Do you have a favorite vacation house or are you always looking for new adventures? It’s crucial to know whether your timeshare gives you access to other properties or requires you to get into agreements with other timeshare firms. Timeshare owners can trade their weeks and points for new experiences thanks to contracts that offer access to connected resorts and hotels.

Ensure that all payments are made on time

It’s vital to not only understand the fees involved with your timeshare, but also to make the required payments on a regular basis. Making delayed payments can have severe consequences, including foreclosure. Obviously, foreclosures reported to credit bureaus might have a negative impact on your credit score. It will be more difficult to obtain a loan, and the interest rates on future lines of credit will be greater. Furthermore, if the timeshare sells for less than what you owe, you may be sued for the “deficiency.” While certain states insulate you from deficiency judgments, your other assets could be at risk. So if you can’t pay on time, you should consider timeshare cancellation Florida.

Tmeshare cancellation in Florida

How Can I Choose The Right Timeshare Cancellation Attorney?

You may be able to cancel your timeshare contract if you recently purchased one and regret it. However, you’ll have to act quickly. The rescission period or the amount of time you have to cancel the transaction is determined by state legislation.

You usually have only a few days. You need to make use of the services of a knowledgeable and competent timeshare lawyer in Florida to terminate or cancel a timeshare contract after the cooling-off period or rescission period. It is critical that the legal procedures used to cancel or terminate the contract are sound in law. A poor attempt, or a series of poor attempts, may result in an unfavorable verdict. As a result, hire a lawyer for timeshare cancellation in Florida with caution and attention. A few things to think about before deciding on one are listed below.

In timeshare contract litigation, the percentage of professionals is minuscule

It’s important to keep in mind that just a small percentage of lawyers have dealt with timeshare cancellation disputes. While the rules of the land are the same, attorneys’ success in specific types of cases is determined by their areas of specialization. An attorney who specializes in criminal law, for example, may not be the best choice for issues involving civil actions, federal law, and so on. So, choose a timeshare contract lawyer who specializes in this type of case. The lawyer’s previous success on timeshare cancellation in Florida will give you a good idea of what to expect.

Negotiation or arbitration as a last alternative before going to court

A well-versed attorney with a track record of success in court and a solid understanding of contract law will be able to get the timeshare firm to agree to a cancellation more easily. This is a better alternative to going to court, which can take longer than a rapid agreement and settlement between the aggrieved party and the timeshare firm. Choose a lawyer with good negotiating abilities and a track record of getting timeshare firms to the negotiating table.

Proving misrepresentation of facts in a admissible way

The law is clear on factual representation and misrepresentation in contract provisions. A qualified attorney will be able to demonstrate to a court of law that the company knowingly misrepresented facts. It is critical to demonstrate to the court in a legally admissible manner that the timeshare company has not made a complete disclosure. While the information on the internet may make cancellation sound simple, it is always advisable to get an experienced attorney to represent you and achieve the best solution or the quickest exit. Contracts and courts utilize complicated and sometimes perplexing legal jargon, which is best left to advocates to understand correctly and call out timeshare companies’ fraudulent practices.

Are you thinking how to cancel my timeshare? You can rely on My Timeshare Attorney. We will help you in timeshare cancellation.

Timeshare cancellation in Florida

Tips To Cancel Your Timeshare without Ruining Your Credit

While timeshares can provide many happy experiences, it can also drain a large amount of cash from your wallet. This is especially true if you do not regularly use your timeshare. Perhaps you’re too busy or unable to pay its upkeep. There could be a variety of additional reasons, such as you and your family’s schedules having been altered, financial distress, or spending time far away from your timeshare’s location.

Timeshares are not always a wise investment for any reason. It’s important to keep in mind that owning a Timeshare demands a significant amount of annual maintenance payments. In addition, if you’ve experienced financial difficulties, the expense of visiting your timeshare property could be one of the factors.

If a timeshare fee or payment is outstanding, it might eat away at you, no matter what your rationale is. When you feel confined and want to get out of your timeshare, this is the time to act. Keep in mind that if you’re unfamiliar with the process, timeshare cancellation in Florida can be intimidating. But that doesn’t rule out the possibility of escaping. You have several options for cancelling your timeshare without harming your credit. Don’t worry if you’re unfamiliar with such methods. We’ve got you covered. This article will teach you everything you need to know about timeshare cancellation in Florida without damaging your credit.

What Are Timeshares and How Do They Work?

Let’s start at the beginning and learn the fundamentals. The term “timeshare” usually refers to a “vacation property with fractional ownership.” A vacation property’s ownership is based on weekly increments and is shared. Many significant hospitality companies sell timeshares to its customers. Simply said, timesharing entails sharing a resort with others while also providing owners with a designated period of time to spend there. Guests or owners traditionally travel to their vacation resorts (timesharing) for a “fixed week.” This week might occur at any point during the year. Many families travel to their timeshare holiday destination at the same time.

How to Get Rid of a Timeshare without Ruining Your Credit?

Contact your timeshare developer or company for further information. It can be difficult to get rid of your Timeshare because there are no set criteria for property owners. However, contacting your resort owner’s firm is one of the universal tips that may or may not work in your favor. You can hire a timeshare exit team in Florida when you are thinking how to cancel my timeshare. You also have the option of selling your timeshare, but it’s important to note that a timeshare doesn’t always have intrinsic value. Many timeshare owners discover they won’t be able to sell their timeshare unit on the secondary market. That being said, this may not always be the case, especially if your timeshare has a long history and demand outnumbers supply.

how to sell a timeshare legally

5 Ways to Legally Get Rid of a Timeshare Property

Although most of us understand that buying a timeshare isn’t a worthwhile investment, the reality is that 3% of U.S. households own one of these properties. Unfortunately, timeshare ownership can easily derail your financial security — a fact some families find out the hard way. Still, not all is lost. There are several ways to get rid of timeshares. It may not always be straightforward or totally painless, but getting out of a timeshare contract is possible. Here are five potential methods you might consider using.

Exit Within the Grace Period

If you don’t want to have to learn how to sell a timeshare legally down the line, this is often your best course of action. However, you’ve got to be fast if you want to take advantage of it. There will typically be what’s known as a rescission period wherein you can actually cancel timeshares. Be advised that the rescission period varies from state to state and usually lasts only a few days’ time. Usually, you’ll have fewer than 10 days to change your mind; in some states, you may have only five days or less to cancel the sale. You’ll need to send a cancelation letter in writing that contains specific information. It’s recommended that you have help from a timeshare lawyer even if you’re able to legally cancel the sale, rather than sell it down the line, to ensure your bases are covered.

Find a Possible Breach of Contract

Despite the fact that timeshare contracts typically end up protecting the resort rather than an owner, there may be a way to use the contract to your benefit. You may be able to learn how to get out of a timeshare contract if you can prove that you signed the contract under false pretenses, for example. Failure to deliver on promised services could potentially void your contract. It’s a good idea to have a legal representative examine your contract to ascertain whether every point is actually lawful. If it’s not, you may have the option to cancel the timeshare legally.

Return the Timeshare

It may not be a possibility in every case, but you might actually be able to return your timeshare property to the resort. Some resorts will accept the timeshare back, but others will stipulate that they are under no obligation to do so. It’s better to make this request in writing rather than trying to contact them via phone. The resort may refuse, especially if it states clearly in your contract that they don’t have to accept the timeshare back. But it may be worth a try (or even multiple tries).

Sell Your Timeshare

There are a lot of timeshare resale scams out there, which makes it increasingly difficult for legitimate timeshare owners to actually figure out how to sell a timeshare legally. Keep in mind that if you do manage to sell your timeshare, you won’t get anywhere near what you originally paid for it; timeshare properties depreciate in value very rapidly, so you’d be very lucky to even come close to that initial sale price. Instead of listing the timeshare yourself on Craigslist or eBay (where scams run rampant), contact an experienced real estate agent. If a supposed agent asks for a fee upfront to sell your timeshare, run away in the other direction.

Contact a Timeshare Attorney

Selling your timeshare, even with help from a real estate agent, is not going to be easy in today’s marketplace. That’s why it’s often better to work with a timeshare lawyer and devise a timeshare exit strategy. Your attorney can help you learn how to sell a timeshare legally or cancel your timeshare contract in a way that allows you to get back on your feet and free yourself from this financial burden.

Whether you want to know how to sell a timeshare legally or want to know if canceling your timeshare contract is even possible, a lawyer is your best bet. For more information, please contact our firm today.

selling a timeshare

Avoiding Timeshare Inheritance: Will My Timeshare Pass On After I Do?

At first, the idea of buying a timeshare property may seem immensely appealing. But over time, most people come to realize that a timeshare is much more of a burden than it is a blessing. Although the average age of U.S. timeshare owners is 46.8 years old, many seniors are convinced to buy or hold onto a timeshare when they’re in their twilight years. Not only can that present a huge financial problem for the owner, but it could potentially have significant consequences for the owner’s children, as well. In today’s post, we’ll discuss the idea of the timeshare inheritance and why owners should work on selling a timeshare before that ever becomes an issue.

What happens to a timeshare when the owner dies?

If you own a timeshare, you might assume that your death eliminates the possibility of ownership and the payment of maintenance fees. But that’s actually not the case. Even after the owner passes on, timeshare payments stick around — and they will continue to accrue when they aren’t paid. In that sense, it’s like a mortgage; non-payment will be reported and this can cause a multitude of problems for the owner’s estate. A timeshare resort may even take legal action against the state, which translates to an even greater financial burden for grieving families. This doesn’t have to be the case, but eliminating this possibility will require action.

Are the owner’s children forced to inherit the timeshare?

You may have heard or read that many timeshare agreements include what’s known as a “perpetuity clause.” A contract may state that an owner’s heirs, executors, administrators, or successors are legally responsible for the financial obligations of that timeshare property once the owner has passed away. Scammers who call about timeshare resales may also try to scare current owners or heirs into thinking they’re obligated to make these payments in an effort to convince them that getting rid of a timeshare through their “services” is their only option. This language is misleading, as it implicates that the next-of-kin has no say over whether or not they have to take financial responsibility for the timeshare.

The reality is that your children can (and should) decline this inheritance. Typically, they will have to write a statement or letter refusing the timeshare inheritance. This must be done within a relatively short amount of time after your death. If and when this disclaimer document is approved, the inheritance would pass on to the next beneficiary. It’s important to note that your heirs cannot continue to use the timeshare after your death if they do not intend to accept the inheritance. If they use the property after your passing, they could be forced to accept the inheritance and all financial responsibilities of your timeshare.

What’s the best way to avoid a timeshare inheritance scenario?

Selling a timeshare is the best way to avoid presenting an undue financial burden to your children after your passing. Although you do not have to designate who will receive the timeshare at the time of your death, even failing to name a beneficiary will not save your family from being saddled with this vacation property. To keep this timeshare from passing to your relatives and adding debts to your estate, you should work on selling a timeshare well before your passing. If you are not able to sell the timeshare back to the developer, you should contact timeshare lawyers prior to your death to ask about selling a timeshare with their help. Canceling or selling a timeshare prior to your death will allow your children to be freed of this financial responsibility and will grant you peace of mind.

If you need help selling your timeshare and want to explore your options, we’re here to help. Contact our firm today for more information.

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How to Spot a Timeshare Scam: 5 Signs to Look For

cancel timeshareIf you already own a timeshare property, you may be well aware that the costs associated with this arrangement far outweigh the benefits. That’s why so many folks are in the process of trying to cancel timeshare properties. Unfortunately, they often find out that getting out of a timeshare contract is nowhere near as easy as opting into one. Those who claim the opposite are in the business of scamming hardworking families like yours. These individuals will take advantage of your situation by making outlandish claims and then making off with your money (and worst of all, you’ll still be stuck with the timeshare!). How do you avoid becoming the victim of a timeshare scam when you’re trying to cancel timeshares? Check out the signs below.

5 Signs You’re Dealing With a Timeshare Scam Artist:

  1. Unrealistic Promises
    You know the saying — if it sounds too good to be true, it probably is. That’s definitely applicable for those who want to cancel timeshare properties. Scammers will make all sorts of guarantees they can’t possibly make good on. For example, they might claim to be “overwhelmed” with the sheer number of buyers they have lined up for your property or that they can sell your timeshare far above market value. Keep in mind that the average price of a new timeshare is $20,040 and that timeshare resales are priced far below that. When someone says they can get you a lot more, know that these claims simply aren’t true and are meant to convince you to hand over some cold, hard cash. Don’t fall for these slick sales tactics.
  2. Direct Calls
    Beware of the ringing phone. If there’s someone on the other end who claims they can sell your timeshare right away but that you need them to do it, hang up. As a general rule, no legitimate company will call you out of the blue to talk about selling your timeshare for you. Though you may be tempted to hear out their pitch if you’re in a bind, it’s better to walk away before they convince you to give out any proprietary information. And if you do receive one of these calls, report it to the Federal Trade Commission (FTC).
  3. Upfront Fees
    This is considered to be the oldest trick in the book — and the biggest red flag there is. Here’s what happens: someone offers to sell your timeshare for you but claims they’ll need you to pay some kind of fee upfront (for the cost of the listing or for taxes on the property, for instance). You pay this money believing that this person is working to sell your property. That individual pockets the money and disappears without a trace. Legitimate real estate agents will never require fees upfront; they make their commission only when the sale of your property goes through.
  4. Evasive Attitudes
    This is a good tip to keep in mind when dealing with any kind of company. Organizations and individuals should be more than willing to provide you with vital information you need to discern whether they’re legit or not. If someone who contacts you is hesitant to provide you with information in any way or evades your questions, do not engage any further. In other words, if they won’t provide you with a physical address or they keep changing the subject when you ask for additional info, walk away.
  5. Fishy Websites
    In the digital age, there’s a good amount that can be gleaned from the internet. Conduct some research on your own into this company’s website and see what you can find out. Unsecured website forms are a big clue that something’s amiss. If there’s no “s” after the “http” in the URL on pages that contain fields wherein personal information is entered, that’s a sign this website is not reputable. Google whatever contact information you can find on their website and look them up via the Better Business Bureau and their state’s department of corporations.

Don’t fall for these resale scams. Those who want to cancel timeshare properties need assistance from legitimate resources. Our timeshare cancellation attorneys are here to help. For more information, contact our offices today.

timeshare cancellation

How to Resist a Timeshare Pitch

timeshare cancellation

If you’ve ever been to a big vacation destination, you might be familiar with the prevalence of timeshare pitches. Salespeople will want to entice you with free tickets to a show or monetary incentive just for attending these presentations. And of course, it’s an offer that’s hard to resist. While timeshare attorneys would advise you to not even attend these presentations in the first place, it’s possible that your curiosity might win out. But unless you want to work with a timeshare cancellation lawyer in your future, you should heed the following advice to resist the tactics you’ll no doubt be subjected to during the course of a timeshare pitch.

Don’t Attend While Hungry or Intoxicated
Believe it or not, attending a timeshare pitch on an empty stomach or with some liquid courage could really work to your detriment. When you’re hungry, your body chemistry actually changes to focus on your most immediate needs. That means that your cognitive thinking and decision-making abilities are actually lowered. Some timeshare sales teams will try to entice you with a fantastic meal after the presentation for this very reason. When your tummy is growling, you won’t be able to focus on much else — making you more likely to agree to buying a timeshare you don’t want and can’t afford. So be sure to eat something substantial if you do decide to attend one of these presentations. While you’re at it, stay away from the alcohol before you go. Drinking will lower your inhibitions and make you much more likely to make a mistake. Instead, bring along a bottle of water with you and wait to indulge in a cocktail until afterwards.

Bring Along Moral Support
Remember that there’s strength in numbers. The timeshare industry is valued at $70 billion, meaning that most of these salespeople know exactly what they’re doing. But you’re more likely to resist their tactics if you bring along someone to support you. This could be your spouse, friend, or close family member. In some cases, timeshare sales representatives will attempt to separate pairs into different groups under the guise of “breaking the ice.” This, of course, is merely a method to weaken your resolve and make it more likely for one person to agree to purchase a timeshare. Unless you relish the thought of going through the complex timeshare cancellation process, don’t fall for it. Make sure to stay with the person you bring at all times — and that you are unified in your quest to turn down the timeshare offer.

Leave Your Wallet Behind
If you’re afraid of your inability to resist a high-pressure sales situation but are still determined to hear the presentation (against your better judgment), here’s another way to beat the system: leave your wallet, credit cards, and checkbook in a safe place in your room (say, in a provided safe) or with a trusted family member. That way, even if you feel yourself beginning to falter, you’ll have no choice but to return to your room to retrieve your payment method — and mull over this scenario logically in the process. Anyone is vulnerable to being caught up in the excitement of a luxury vacation opportunity; this will force you to think clearly about the decision at-hand and make an informed, level-headed choice about what your next move will be. And unless you want to face future timeshare cancellation, the clear choice is to resist the pitch and take whatever extra incentive they’ve offered you for sitting through it.

While these tips can prove to be an effective way to resist a convincing timeshare pitch, the best course of action is to avoid this situation entirely. Otherwise, you could be prone to making a huge mistake that will result in the need for timeshare cancellation. If you or someone you know is looking to get rid of a timeshare purchase but aren’t sure how, please contact us today.

canceling a timeshare

Dealing With Timeshare Stress? Here’s How to Relieve It

canceling a timeshareA timeshare may sound like a great deal when you first hear the pitch, but owners often find out too late that their decision has become a major source of stress in their lives. The cost of a timeshare is enough to drive many families to financial ruin. In fact, one industry study found that 56% of reclaimed timeshares stemmed from foreclosure. Even the maintenance fees can be enough to do substantial economic damage to a timeshare owner.

Since money tends to be a major source of stress, canceling a timeshare makes a lot of sense. But knowing how to get rid of a timeshare can be incredibly stressful, too. These companies make it extremely difficult for people to cancel timeshares due to iron-clad contracts. In addition, timeshare resales aren’t really favorable to sellers or buyers; you certainly won’t resell your timeshare for even close to what you initially paid, and the resale market is full of scams that can convince potential buyers to stay far away. Still, for some, selling their timeshare is worth their peace of mind, even if they lose a lot in the process.

To avoid as much stress as possible in this situation, there are a few options for getting rid of or canceling a timeshare. Here are the possibilities we recommend:

  • Rescind while you can
    If you have very recently purchased a timeshare and are having buyer’s’ remorse, there may be something you can do — but you have to do it quickly. Your timeshare purchase does have a rescission period, during which you can cancel the contract. This period is very short and the details depend on the state in which your timeshare is located. You’ll need to scour your contract and contract timeshare lawyers to see if you might be able to take advantage of this option. However, if you’ve owned your timeshare for a while, this won’t be available to you.
  • Consider donating your timeshare
     In lieu of trying to resell your timeshare on your own, you may be able to donate your timeshare to a charitable organization. This can be a great option if a local charity needs an event venue. The organization may even end up taking on the responsibility of payments so they can host their events there every year. If you can find a charity that will accept this donation, you can be eligible for a tax deduction at the end of every year, which can help with any maintenance fees and other payments you might be struggling to make.
  • Work with a lawyer
    Scams are prevalent in the timeshare industry. Not only are unscrupulous “sellers” looking to trick would-be buyers out of their money, but some criminals also target actual timeshare owners. They may try to convince you to send them money to help sell your timeshare or to pay for taxes upfront, but they’ll just take the cash and run. That’s why it’s so important to hire a lawyer when canceling a timeshare. Timeshare laws can be very complex and you’ll need expertise to help you get rid of your timeshare once and for all.

It can be easy to feel overwhelmed and hopeless when you’re trying to get rid of a timeshare. But we’re here to provide assistance and get back your financial freedom. To learn more, please contact our firm today.

how to get out of a timeshare

Timeshare Costs: Is It Better to Cancel or Keep?

how to get out of a timeshare

Even though your better judgment told you it was a mistake, you may have succumbed to a timeshare presentation and purchased a property you can’t feasibly afford. And unfortunately, you’ve now passed the period of legal timeshare cancellation. You may have assumed you were stuck; perhaps you made every effort to enjoy the property and try to make it work. But now, you’re realizing that you need to know how to get out of a timeshare. That can be difficult enough, especially without help from reputable timeshare lawyers. You may know you can’t afford to keep your timeshare, but getting rid of it can be a huge expense as well. However, what you’ll pay to get rid of your timeshare will pale in comparison to how much it would cost to keep it. Therefore, it’s important to know how to get out of a timeshare while minimizing the monetary damage you might incur.

Let’s get one thing straight: a timeshare is never a good financial decision. The average price of a timeshare is $20,040, and the sad truth is that paying for just the maintenance fees every year can be a huge monetary burden for any family. Most importantly, you’ll never be able to sell your timeshare for a profit. In fact, most people can’t get rid of timeshares for even close to what they paid. Finding a new buyer for your timeshare can be tough on its own, but even if you do end up selling it, you aren’t home free. Many families end up owing money to the original company even after timeshare sales due to depreciation. You could even fall victim to a scam if you aren’t careful.

This scenario might seem like a no-win situation. And in many ways, it is. However, it’s going to be much more cost-prohibitive to keep your timeshare than it is to cancel or sell it to someone else. It’s likely that you’re going to end up in the hole either way — but the costs associated with cancellation are going to be less painful in the long run.

If you’ve convinced yourself it’s better to get the most you can out of this “investment” since you’ve already paid for it, you’ll need to change your perspective. The concept of “sunk cost fallacy” convinces us that we’re obligated to see something through when we’ve already paid for it. But falling victim to this line of thinking will end up costing you more in the end.

There’s no definitive answer to the costs associated with canceling a timeshare; this figure will vary depending on your specific situation. But knowing how to get out of a timeshare starts with working with an experienced timeshare attorney. To find out more, please contact us today.