Best way to get out of a Timeshare?
My mom got roped into buying a Wyndham timeshare on a trip and procrastinated herself out of the grace period. Is there anything she can do to get out of it now?
My mom got roped into buying a Wyndham timeshare on a trip and procrastinated herself out of the grace period. Is there anything she can do to get out of it now?
Pistcow, Sell it for $0.01 or die with no heirs.
Great episode with John Oliver about this. My in-laws paid $1500 to sell it to someone else.
NJSpradlin, I regularly show this episode when anyone I know starts talking about timeshares. He does really good write ups and I highly suggest everyone watch this one, even if you already are on the Timeshare hate train, it’s a good watch.
slazer2au, Link for the lazy.
HobbitFoot, I am lazy! Thank you!
pineapplelover, Damn. It made a new industry of exiting timeshares but those were also a scam. That’s brutal. Imagine getting duped twice.
angelsomething, (edited ) Arson.
Edit: oh like, legal ways. Sorry about that. Ignore me.
toast, Divorce
ThrowawayInTheYear23, Doubt that’s gonna help since she’s a widow.
HobbitFoot, Vegas exists for a reason.
BakedCatboy, (edited ) My parents bought into Wyndham but luckily were able to get out of it by contacting the AG (attorney general), I think of our home state - iirc they got conned into it when visiting vegas.
Seudo, Why are timeshares so bad? Never looked into it but the concept seems to make sense on the surface.
ThrowawayInTheYear23,
slazer2au, They are amazing, for only 12K [1] it is like owning [2] a place in the resort. You can book any time [3] on our easy to use site [4]. Once you have had enough you can simply sell your timeshare back to us [5,6] or to someone else [7].
- Plus 700 a month for maintenance.
- No, you don’t own a stake in the unit.
- If you book between the previous solstice and the closest new moon to your preferred holiday time.
- Online booking only available in the pro package or beyond.
- No guarantee we will buy it.
- A fee equal to 2 years worth of maintenance costs will charged on dissolution of the contract.
- You receive no proceeds from sales to third parties
HobbitFoot, The idea sounds great, but the implementation is shit and the fiduciary duty isn’t for those who bought the timeshare.
Kolanaki, (edited ) Best way to get out of a Timeshare?
Have you tried the door?
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