Buying a timeshare is a simple process. Really too simple when you think about the longterm implications a spur of the moment impulse buy has for you. When you bought your timeshare, you most likely did so in a moment of vacation bliss. You were relaxed and didn’t see it coming. The allure of a free dinner was too much, so you agreed to go to a timeshare presentation. The presentation sold you a timeshare, hook line and sinker. If you own a timeshare, the chances are good that you have become disillusioned with your purchase and are wondering how to get out of it. After researching your options, looking at everything from a timeshare resale to the Pine Tree Consultants, you may still be feeling overwhelmed and unsure of where to start. Figuring out how to get rid of a timeshare is a complicated process, and it is normal to feel a bit lost. Read on for some tips from our experts and ways to help you decide the best way out of your timeshare. At first, you thought you would use your timeshare. You fully bought into the fantasy. You fell for the figures they showed you about hotel costs and inflation and you were convinced that your timeshare would save you thousands over the course of its life. And if not, you could always sell it, most likely even for a profit.
However, once you got home and lived with your timeshare for a while, you have realized it is not what it was advertised to be. Between high-interest rates and annual maintenance fees, you are paying more than you ever imagined and may even be having trouble making ends meet each month due to your high timeshare payment. You may have even found that you can’t actually afford to go on vacation because of your timeshare payments. Sure, your hotel is paid for, but there are many other costs associated with going on vacation like airfare, gas, food, and entertainment. Just because your hotel is paid for does not mean that your vacation is paid for. With your high timeshare payments, you can’t afford all the other parts of vacation. And since you make payments monthly, it’s not like shopping for hotel deals will help you save money at all. You need to know how to get rid of a timeshare.