How to Get Rid of a Timeshare – Efficient Methods to Set Yourself Free

Set Yourself Free From TimeshareTimeshare contracts look great, at least in the beginning – the properties are great, they are clean, well-maintained, they offer exactly the view promised by your seller. However, things change over time – spending your vacation in the same spot and in the same resort becomes boring and tedious, rather than relaxing and exciting, the maintenance fees start increasing and the timeshare ownership becomes more of a burden than a source of pleasure. If you have bought into a timeshare contract, but you no longer want it, here is how to get rid of a timeshare in the easiest and most hassle-free way.

Look the Problem Straight in the Eye: What Does Your Contract Say?

The first step in the process of getting rid of your timeshare should be an attentive and detailed review of the contract, in case that you have skipped that phase when you signed the contract. Basically, there are two types of timeshare contracts: deeded contracts, that offer lifelong ownership rights and are similar to standard property ownership, the principle difference being that you own the property only for a specific period each year and right-of-use contracts that don’t give your ownership rights and come with limited duration.

The Most Efficient Methods that You Can Use to Get Rid of Your Unwanted Timeshare

There are various ways to rid yourself of your timeshare:

  • Use the options offered by the cancellation period – timeshare developers in most states are required by the law to allow their buyers a period during which they can change their minds about their purchase. The grace period is usually not longer than a few weeks, but no matter when you decide to get rid of your timeshare, it is worth a few minutes of your time to check the cancellation clause in the contract;
  • Contact the other owners of the property to ask whether they want your timeshare, too – the owners who use the property right before or right after you might be interested in extending their stay, especially if the property is attractive, indeed, and your price is competitive;
  • Contact your seller to sell the property to them – the developer that sold you your timeshare might be interested in buying back the property for a discounted price, especially if it is located in an area that is high demand. Many sellers have buy-back programs, so your seller might also be prepared for taking your property back even after the grace period has expired;
  • Sell the property – it is the most difficult and probably the most time-intensive way to get rid of your property, but if nothing else helps, it remains the only way. Tell your friends and family that you want to sell the timeshare, place ads in local papers, on auction and retail websites and on real estate listings, but always make sure that you know exactly how much the process will cost you, how much you will have to pay in fees and commissions in case of a successful sale.  For connections to a timeshare attorney Tampa check out our website.

What Are the Main Benefits of Finding Gated Communities Near Me?

The question, ‘should I consider gated communities near me’ has been asked for decades. As people first began to realize the notable benefits of living in such communities, entire “hidden” cities sprang up where the community is completely shielded from outsiders and locals have to pass a guarded gate whenever going in or out.


These types of communities carry their own advantages and drawbacks. On the one hand, they are considered much more secure and private than most residential areas. On the other hand, you might have a difficult time receiving your pizza whenever you order one.


The Secure Environment of Gated Communities


A great thing about a gated community is that the crime levels are down significantly, and you won’t have to deal with nosy solicitors. If you’re a celebrity or you have many significant valuables to look after, this will definitely play to your advantage, and the added privacy you gain by avoiding people you don’t want to see will give you extra freedom as well as more confidence.


Some gated communities have automated gates, while others have actual guards stationed at the gate who will prevent people from going in unless they have express permission to do so. These types of communities are havens for anyone who values their privacy and who would feel too exposed or threatened in the harsh and unpredictable environment that regular residential communities would present.


Why You Might Consider Living in a Gated Community


“Are gated communities near me the best solution I can think of right now? And will I be able to afford them?“ These are two of the most popular questions being asked in association with local gated communities in any area.


When it comes to the price, you might be able to consider playing a wide range of trump cards in settling the matter. For example, if you have several other properties or large investments, you might consider cashing out on them or selling your old home to be able to afford a good down payment and some long term security when you consider getting into a gated community. In any case, the costs will be high, so you need to take the necessary measures to deal not only with your mortgage costs but with all the other expenses that living there will entail.


As for whether or not a gated community is right for you, it’s important to note the drawbacks as well as the benefits, and the way in which they relate to you in particular. For example, if you like being a little more open to your neighbors and you’re not interested in staying hidden or avoiding larger community programs and events that impact the entire city, then a gated community might not be the best solution for you.


On the other hand, as we have already seen, the privacy, security and many other benefits associated with one of these private communities may be well worth the cost, if you’ve already lived through the crime and hassle of owning a regular home, and you don’t want to be part of that again.