When Maintenance Fees Become Too Much

When your timeshare maintenance bills are becoming burdensome, give Timeshare Exit Solution a call. In this period of recession, you are not alone; luxuries are being cut by people of all backgrounds. Timeshare properties are luxuries, make no mistake about it, they are very hard to make a return on if you are trying to use them as investment properties. On the list of luxuries to cut, they are nearly always at the top.

Vacations are expensive, even when you are discounting the cost of the timeshare maintenance fees. Timeshare properties usually need to be traveled to because there is little point to own and regularly pay for a vacation property that you can only use a few weeks out of the year right next to your home. Transportation cost to the destination comes from airfare, train fare, and rising gas prices. Then there is the car rental or taxi fare, if you did not drive all the way to get to your timeshare. After you have that taken care of, there are still expenses for food, activities, and other things you need to do to take full advantage of the vacation location. Most people have very little reason to go on vacation if they are just going to sit around in their timeshare property doing nothing, and it has become increasingly hard to set a budget for all these things, not to mention the time and hassle to pack, book, and schedule a vacation.

Sometimes, the timeshare weeks or destinations that owners want are not available. The weeks they wanted might have been regularly available when they first bought the timeshare property, but their lifestyles and schedules changed in the interim. Even though they cannot use the property, they still have to pay for the maintenance fees as stated in their contract.

The only way out of the contract is to transfer ownership of the property. Owners cannot cancel their contract or just stop paying their maintenance fees, which goes to collections if left unpaid long enough. Timeshare contracts usually come with a perpetuity clause, meaning the property and the fees pass on to your heirs when you pass away.

Unfortunately, there are very few viable methods in transferring ownership. Most people will want to try to sell the timeshare, in order to recoup some of its costs. The process of selling the timeshare, however, takes a long time and a lot of money. Instead of risking that for very little chance of return, let Timeshare Exit Solution solve your problem.