Thinking of working with an EXIT COMPANY?
Ask yourself these 3 questions:
Who Is the Company?
Have I heard of them? Can I trust them? Did they contact me unsolicited? Do they have a physical address, or is it a PO Box or virtual office?
What Do They Want Me To Do?
Do they want me to: Pay upfront money before action? Stop paying my mortgage or fees? Get foreclosed on? Pay money in order to get money?
What Evidence Supports Their Message?
Use independent sources to verify claims or debunk them, then ask yourself if their claims still seem accurate? Do they still get paid if I get forclosed on and suffer negative credit ratings?
FREQUENTLY ASKED QUESTIONS
A mortgage is a contractual obligation between you and your lending partner, which may supersede the rights of the timeshare developer. No third party can relieve you of these obligations without the lender’s approval. Factors like how much you owe, the balance and terms of your mortgage , etc., will determine your eligibility to exit. Contact your lending partner and timeshare resort company for options.
Checklist to Exit
A Helpful ChecklistFOR exiting your timeshare
If you decide to exit your timeshare, this checklist will help make sure you have all the necessary information ready.