If you are looking for a way to get out of your timeshare, there are many options out there. Our first recommendation is to always contact your resort or developer before anything else. Most brands will have in-house exit solutions that are safe and responsible, with legitimate solutions for owners. Some owners may be targeted by timeshare cancellation companies. They may seem promising, but there are several red flags that you need to know before turning to this option.
Searching for a legitimate timeshare resale company may seem like a daunting task, but it is possible. We are going to dive into the most important things to look out for when choosing. Of course, we will touch on the warning signs of a not so legitimate timeshare reseller, too.
From June 2019, Westgate Resorts made claims against Mitchell Reed Sussman & Associates for timeshare exit fraud. In the judge’s ruling against Mitchell Reed Sussman & Associates, he says “Mr. Sussman’s letters informing timeshare owners they successfully exited… are objectively deceptive.”
If you need a way out, the best way to sell Worldmark timeshare is to contact your resort first. Worldmark falls under Wyndham Destinations, where they have many reliable options and safe solutions for owners. There are other ways to get out of your Worldmark timeshare, like selling it.
ARDA ROC, a non-profit entity that advocates for preserving, protecting and enhancing the vacation ownership lifestyle continue to warn timeshare owners about third-party exit companies. Their reminders come frequently, especially after major exit firms are brought to court for misleading practices. At this time, the American Resource Management Group (ARMG) or Resort Release, filed for bankruptcy. With their motion, they are under investigation for scamming thousands of timeshare owners.
Calling all Welk timeshare owners, make sure you’re up-to-date on Welk Vs Timeshare Exit. While Welk Resorts provides owners amazing vacation opportunities, owners looking to sell their Welk timeshare are targets by fraudulent schemes. In July of 2017, Welk filed suit in the U.S. District Court for the Southern District of California against Timeshare Exit Team for their part in a nationwide racketeering scheme.
With so many timeshare owners falling victim to timeshare exit company tactics, Bluegreen Vacations is making it clear that they will not stand for fraud in the industry. With their determination and a zero-tolerance policy, Bluegreen has been able to stop multiple third-party exit companies from contacting owners.
If you’re thinking about selling your Wyndham timeshare and are overwhelmed, you’re not alone. Additionally, you may be wondering if it’s possible to get out or if the “exit” companies are worth a try. We’ll take you step-by-step through the safest options to get out of your Wyndham timeshare and how to sell it.
In a study conducted by the Better Business Bureau (BBB), timeshare exit solutions or teams were surveyed across the United States over complaints from over 400 consumers. The study highlights the documents and evidence from these consumers who believe they were victims of third-party companies.
While timeshares can provide you with a lot of great memories and act as a home away from home, there can be many reasons for you to explore the options of exiting your timeshare. So what do you do? If you want to get out of a timeshare (without ruining your credit) there are a few options you should be aware of.