Considering why you want to cancel your timeshare can help you determine whether buying it was your mistake or was a result of misleading and disingenuous business practices on behalf of your timeshare company. If any of the following factors led to an unwanted timeshare purchase, you may want to start planning your Cancel timeshare.
Timeshare salespeople are trained to incite a sense of urgency to purchase. They’ll insist that they’re offering you incredible deals on gorgeous timeshares that won’t be around for long. In reality, they just want to get you on the road to timeshare ownership by the time they finish their presentation. If you walk away saying “I’m going to think on it,” that can mean no sales for them.
Companies employing a high-pressure timeshare sales tactic often spin or omit information in order to get you to sign a contract. Because of this, many timeshare buyers are not fully aware of what they’re signing up for. And before they know it, these buyers are agreeing to make a huge financial investment on a property they may not have even wanted.
Contemplate how you would go about buying a real estate property. Before settling on a place, you would do your research, hire a real estate professional to represent you, look at hundreds of different options and areas, compare prices, and check out the property yourself. Investing in a timeshare property should be no different.
However, many unwanted timeshare purchases are due to a lack of information and a pressure to act now. In reality, there is no reason to purchase a timeshare at the end of a presentation, a week later, or even a year later. There’s always going to be deals on timeshares and just because you missed one doesn’t mean hundreds of others won’t pop up in a matter of days.
Timeshare developers want you to make a decision right away with no hesitation whatsoever. Doing so, however, often leads to buyers’ remorse over making such a big, expensive decision. If you made a timeshare purchase as a result of high-pressure sales that neglected to give you an adequate explanation of your timeshare, and you’re finding that they left out significant information about the timeshare itself, canceling may be your best bet.