Getting out of a Tahiti Village timeshare can be a difficult and confusing process. However, there are a few options for those who do not wish to sell or rent their timeshare.
- Termination of Contract: In some cases, it may be possible to terminate the timeshare contract by contacting the timeshare company and explaining that you wish to cancel. However, this option is not always available and the terms of the contract will dictate whether or not this is a possibility.
- Donate the timeshare: Some charities accept timeshare donations as a way of supporting their cause. The timeshare can then be sold, with the proceeds going to the charity. However, this option is not always tax deductible, so it’s important to check with a tax professional before proceeding.
- Transfer the timeshare to a family member or friend: If you have someone who would like to take over the timeshare, you can transfer it to them. This is often a simple process and can be done without the need for a real estate agent.
- Walk away from the timeshare: In some cases, it may be possible to simply walk away from the timeshare and stop making payments. However, this option can have serious consequences, including legal action and damage to your credit score.
- Hire a timeshare exit company: There are companies that specialize in helping timeshare owners get out of their contracts. These companies typically work by negotiating with the timeshare company on behalf of the owner to find a solution that works for both parties. However, we only recommended exit companies that offer escrow and utilizes attorneys during the cancellation process.
In conclusion, getting out of a Tahiti Village timeshare can be a complicated process, but there are several options available to those who do not wish to sell or rent their timeshare. Before making any decisions, it’s important to carefully consider all of your options and seek the advice of a qualified professional. Give us a call if you need advice on your exit strategy.