If this process sounds manageable, think again. Finding a person to transfer your timeshare to may be more challenging than you think. Consider why you want to get rid of your timeshare. Is it because you no longer have the funds, time, flexibility, or patience to maintain and enjoy timeshare ownership? Have you realized that the value of your timeshare is not increasing like you expected it to or that renting a property online is much cheaper than paying annual maintenance fees?
If owning a timeshare has become more of a hassle than a luxury, why would you want to pass on that burden to someone else — especially a family member or friend? Imagine the next family get-together or BBQ!
If you can’t find someone to transition timeshare ownership to, transferring your property back to your Timeshare cancelation company isn’t always a viable option either. Up to 95% of timeshare companies do not provide a deed-back program. Even mega-successful developers like Marriott and Disney seldom take timeshares back. If your company does provide a buyback program, you will rarely make a profit off the transaction and will likely have to pay a transfer fee.
Many timeshare companies don’t take back timeshares from their customers. If this is the case for you, the only option you have left is to stop paying your maintenance fees and go through timeshare foreclosure. Unfortunately, this is going to negatively affect your credit score and will likely result in even more fees and stress than you had when you owned the timeshare.
What if a Timeshare Transfer Isn’t an Option?
Stressed woman working
Finding a new person to take on the responsibilities of timeshare ownership may be trickier than you think. If owning a timeshare has become a liability to you, why would anyone else want to suffer the same emotional and financial strains that you’re trying to escape? And after all your timeshare company has put you through, do you really want to surrender your timeshare back to them and have to deal with even more fees and frustrations?
If you’ve had enough with your timeshare developer and are unsure if a transfer is even possible, Centerstone Group may be able to help. We are a one-stop shop for clients seeking both transfers and exits from their timeshare contracts. Centerstone Group can determine if a timeshare transfer is an option for you. If you are eligible, we will manage 100% of the transfer paperwork with the timeshare company, receiver, and county recorder’s office. With extremely low fees and an average transfer rate of 90 days, Centerstone Group efficiently counsels eligible clients on the best, quickest, and most affordable way to get out of their timeshare.
If navigating a timeshare transfer no longer appeals to you, Centerstone Group also specializes in solving timeshare contracts for clients seeking escape from timeshare ownership. Our team of timeshare relief experts have decades of experience within the industry and will provide you with the most comprehensive contract resolution process in the timeshare exit industry. If you’ve been faced with fraudulence, high-pressure sales tactics, or misrepresentation during the timeshare sales process, contact Centerstone Group today.