There is no guarantee that you will need your timeshare forever and all reasons why you may want to change your mind once you have signed a contract are perfectly acceptable: you need the money from the original investment, the maintenance-fees are ever increasing and you take no significant benefit from timeshare ownership etc. So you may be asking yourself how to get rid of a timeshare legally?
However, you will soon find out that getting rid of your timeshare is not easy at all. Even if you actively list it for sale, it will take a long time to sell it, so be prepared to wait some months. Meanwhile, you may want to try renting it; timeshares tend to rent quickly, especially if they are, high-value, high season.
Another aspect about the best time to get rid of your timeshare is related to determining its realistic value. A timeshare (especially an older legacy timeshare) doesn`t always have an inherent value, as many people are tempted to believe. You will have to use all the available resources to determine its true value. You can contact LTRBA for a written estimate or use various free online tools that offer you resale and renting prices, for any resort, as well as pricing guidance.
Not least, you can also contact a lawyer specialized in timeshare contracts.
Originally Posted over here: When is The Best Time to Get Rid of My Timeshare?
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