There are some things in life that sound like they are absolutely fabulous in every way until dawn breaks and the cold light of day casts light on all the problems that weren’t obvious at first glance. Somehow the idea of buying into a timeshare vacation condo seems like one of those things. Many people have been lured into the idea of investing in a shared, “timeshare” property by unscrupulous salespeople who offer a major pitch that plays up all the advantages of the condo while glossing over some of the legal complexities involved in the deal.
The sales pitches for timeshare deals are often quite artful, and they involve wining and dining the potential investors in dinners held in glamorous settings, usually at the timeshare’s location. Generally, these timeshares are located in resort style settings that offer plenty of fabulous amenities, all of which can be quite dazzling to the investors who tour them. The problem with timeshares, however, is that they are shared, and so often they are unavailable during peak vacation times when everyone wants to use them. They also come with steep maintenance fees that are charged regardless of whether or not you get to visit the condo.
Knowing How to Get Rid of a Timeshare
At a certain point, some timeshare owners realize they aren’t getting enough use out of the property, due to scheduling hassles or simply a change in a family’s routine. This is when most owners would naturally arrange to sell off their share in the property, but unfortunately, this is where the fine print on the legal documents can become a problem. Many people have discovered that the legal documents that come with a timeshare have tricky language that makes it hard to extricate themselves from the property. This has become such a problem that some companies now act as consultants for owners, to help them rid themselves of their properties.
So, if you find yourselves stuck in a timeshare contract you want to get out of, call a consultant and find out your rights, today.