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Frequently Asked Questions About Timeshares

How much will this cost to get rid of my Timeshare?

The cost of our services varies based on each person’s individual timeshare situation, because every contract is different. That’s why we would love to offer you a consultation free of charge. During this consultation, your Expert Advisor will review your specific ownership situation and then provide you with an exact quote for what it will take to get you out of your timeshare.

How long will the consultation take?

The consultation typically takes around 30 minutes, but we do ask that you set aside at least an hour of time. There is a lot of information that is discussed during the consultation, and we want your Expert Advisor to be able to answer all your questions.

How do I meet you for the consultation?

We have several options when it comes to speaking with our Expert Advisors. If you live in the Denver Metro area, we can conduct your consultation in person at our office. We also offer consultations over the phone and over Zoom video conferencing if you prefer a face-to-face consultation.

What information do I need to have for my consultation?

Please be sure to bring at least your most recent maintenance fee statement with you to the consultation. This is the most important thing to have available.

And, if you have the following documents available, you can bring them as well. However, they are not mandatory for your consultation:

• Deed or Points Certificate

• Original Purchasing Agreement

• Mortgage Documents (if applicable)

Every timeshare ownership situation is unique, and having these documents helps us provide you with the information you need to make an informed decision.

Will getting out of my timeshare save me money?

Yes, this will absolutely save you money when you compare it with the cost of paying for a timeshare you never use for the rest of your life. Your Expert Advisor can calculate the cost savings for you so you can see exactly how much money you’ll save.

How much money will you get me back for my timeshare?

Unfortunately, we are not able to recover any money that has already been paid to the timeshare. Resorts will sell timeshares on the premise that they are investments that will be profitable, and we have seen that this is not the case. What we will do is get you out of your timeshare contract and put an end to all future financial obligations to the resort.

How will I know if this will work for my timeshare contract?

We have a 100% success rate of getting people out of their timeshare contracts. Through a consultation, we will review your situation and ensure we will be able to get you out of your timeshare. If, for some reason, we know we won’t be able to help you, we’ll tell you upfront.

Do you work with all timeshare resorts, including international ones?

Yes, we work with all resorts, including ones outside of the United States. We have helped clients with resorts in places such as Mexico, Canada and Europe.

Will I be completely released from all elements of my timeshare?

Yes, your name will be completely removed from the timeshare title. This is a legal and permanent process. Our in-house legal team works directly with your resort to negotiate a legal and permanent exit solution. At the end of the process, you will receive supporting documentation confirming the removal of your name from the timeshare contract.

Will you sell my timeshare? It has value, right?

We don’t buy and/or resell timeshares. We legally and permanently cancel your timeshare contract. A small number of timeshares retain a portion of their purchase value, but most lose their value, similar to when a new car drives off the dealer’s lot. Most timeshares hold $0 in market value and cannot be resold because there are so many others on the market. Beware of any resale company.

How long does the entire timeshare cancellation process take?

The amount of time needed to get out of a timeshare is specific to each timeshare contract and situation. This is a legal process between attorneys and timeshare resorts, so it will take some time. Your Expert Advisor will be able to give you a better idea of how long your process will take after going over all factors involved during your free consultation.

If I keep my timeshare, will my children have to take it after I’m gone?

Most timeshares include a perpetuity clause and are commonly considered a deeded property, meaning that the heirs of an estate are also inheriting the financial responsibilities that come with owning a timeshare. If payments aren’t made, late fees accumulate, and the resort will foreclose and take back the timeshare. If the estate had assets at the time of death, the assets must be used to satisfy the debt, penalties, fees and interest.

Is Timeshare Termination Team a law firm?

No, we are not a law firm or attorneys. We partner with expert timeshare attorneys who specialize in legally getting you out of your contract.