Timeshares can be an investment in your vacation time. It can also be a huge financial burden. Many people who purchase a timeshare end up regretting it when they see how much their timeshare is actually going to cost them. During the presentation, the cost of your timeshare may seem like a great low price to pay for a guaranteed annual vacation spot. But when you look at the final numbers (or get that first bill), you may change your mind and start to consider a timeshare cancellation.
Before you start to look at timeshares, make sure you know about everything that goes into your final monthly payment amount. Payments for membership dues, maintenance fees, and exchange fees will need to be factored into your final cost and could significantly increase your annual costs. Read the fine print and make sure you know all of the fees that go into making the payments for your timeshare. It may seem like less of a good deal at that point, and if you’ve already signed the paperwork, it may be too late.
Taking your time to research your timeshare options, read the fine print and ask plenty of questions before you finalize the sale can help you avoid a costly timeshare cancellation down the road. If you do need to cancel your timeshare, you have options. Give our timeshare attorneys a call or contact us through our website for a free consultation. Based on your circumstances, you may be eligible to cancel. Get started with us today to find out!