We bought this timeshare and every time we try to use it they say they have no room. How can you sell something and then never provide services and keep asking for money. How do we get out of this contract???
2007-02-07 04:13:07 · 5 answers · asked by elizabeth s 1 in Business & Finance ➔ Renting & Real Estate
sell it on E-Bay or Craig's list you might have to sell at a loss but you don't have to worry about anymore. Chalk it up to experience...
2007-02-07 04:25:53 · answer #1 · answered by adevilchild38 5 · 0⤊ 0⤋
There are only two ways to get out of a timeshare contract. Sell the timeshare or die. It sounds like you'll have to wait for the latter. Sorry.
2007-02-07 04:17:38 · answer #2 · answered by CJKatl 4 · 1⤊ 0⤋
Ouch - if you borrowed money to finance your purchase, unfortunately you're a bit stuck. Figure out how much it is to pay off the loan and see if you can negotiate and possibly deed the unit back. Time shares are nearly, if not, the worst purchase that a person could make. Even getting them for free sometimes stinks. As a side note, if anyone is itching to buy one, the best way to do it is to go to the association that forecloses on unit owners and buy one of the foreclosed / defaulted units. You can pick them up for a song. In the meantime, just try to enjoy what you do have but if it doesn't make sense to keep it and money's tight, let it go. They already priced that risk into their portfolio which is why you're paying north of 9% if you do have a loan. Best Wishes, E
2016-05-24 03:13:47 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Unless you can show that they breached the contract (and then you'll need to go through the trouble and expense of suing), the only choice you have is to sell.
2007-02-07 04:21:59 · answer #4 · answered by Jay 7 · 1⤊ 0⤋
sue them
2007-02-07 04:15:39 · answer #5 · answered by Anonymous · 1⤊ 0⤋