There are many advantages to being a timeshare buyer, but the fees may be considered a downside for some people. Over time, you might feel like they’re not worth the trouble. In that case, what do you do? Is it possible to forgo them? Here’s what you need to know about timeshare fees and how to get out of them.

What Are Timeshare Fees?

Since you’re not around to take care of the timeshare on your own, a maintenance crew needs to do it for you. The majority of the timeshare fees pay their salaries and the costs of cleaning, landscaping, insurance, and record-keeping. Per your timeshare contract, you must pay these fees, regardless of if anyone uses the property. 

How Do You Get Out of a Timeshare?

If you don’t pay for timeshare fees, the company will first pester you with calls and letters. If that doesn’t work, they’ll send the fees to a collection company, known for being even more insistent. Additionally, your credit score will drop, and the account will show up on your credit report for at least seven years. Should you ignore that, the company might take legal action against you. A judge may force you to pay the fees while the company forecloses the property.

The only way to legally get out of paying the fees is to exit the timeshare. If your annoyance or stress over the fees is greater than whatever joy or profit you’ve derived from it, just let it go. There are companies that can buy it from you and walk you through the exit process so that your credit remains intact. Before dismissing the fees, contact a timeshare buyer to see what can be done.

If you’re tired of paying timeshare fees and feel ready to exit, contact the Timeshare Selling Team in Ballwin, MO. They’ll work quickly to help you recover some of the investment, sparing the stress of looking for new timeshare buyers. To learn more about their services and their 100% satisfaction guarantee, give them a call at (855) 444-9360 or visit them online.