How to Get Rid of Starwood Timeshare
Looking for a way to get rid of a Starwood timeshare? You’re in good company. Sadly, multiple owners are tired of owning a Starwood timeshare.
It is possible that they felt deluded, forced, or had no idea what they were signing up for! What’s more, like you, they need an exit plan. Over time being a timeshare owner just may not be beneficial for you or your family anymore. And remember, we can’t forget how fees will continue to increase each year. And if you haven’t read through your Starwood Timeshare Cancellation Policy, what you find might stun you!
So, if you felt like you were misled or sold something that is not beneficial to you or your family, we suggest you immediately initiate a Live Chat or fill out the free informational form on the right. Our team can assess your case and determine the best available option for you to exit your contract.
Starwood Vacation Ownership
Starwood Vacation Ownership goes back to 1995 when it was first organized from its original form in 1969 as Starwood Hotels and Resorts.
Formally created by the real estate investment firm, Starwood Capital, it was known at the time as Starwood Lodging. In the beginning they owned several hotels throughout North America, but they were under different brand names. Westin Hotel Company was purchased in 1994 from Aoki Corporation of Japan. Correspondingly they acquired the Sheraton, Four Points by Sheraton, and the Luxury Collection brands from ITT Sheraton in 1998.
1999 is when Starwood launched their “W” Hotels brand. And in September 2005, Starwood announced the launch of Aloft, a new brand based on the W. This was a rather crucial year since CEO Barry Sternlicht stepped down in 2004, to then be succeeded by Steven J. Heyer, who was not a fan of Heyer’s management style.
And as tension continued for the next 10 years. Starwood Hotels and Resorts saw change in management a couple times more. It wasn’t until November 2015 when Marriott International purchased Starwood for a whopping $12.2 billion. To this day they are the parent company of Starwood Vacation Ownership.
Starwood Timeshare Cancellation
Starwood Timeshare is a vacation ownership that gives its individuals admittance to more than 800 Sheraton and Westin resorts worldwide.
Members are likewise granted admittance to Starwood’s select Harborside Resort in Atlantis. Moreover, Starwood timeshare owners are each given StarOptions points that can be utilized for travel to any of the resorts within their network.
In case you are a Starwood timeshare owner searching for how to get rid of Starwood timeshare, you’ve gone to the ideal spot. We can offer you guidance on the best way to best accomplish a Starwood timeshare cancellation.
With regards to how to get rid of Starwood timeshare, you have a few choices. Most importantly if you recently purchased your timeshare, you’ll want to check out your state’s timeshare rescission period. This is supported by a federal law that permits new timeshare owners to drop their timeshare for a full refund, no inquiries posed.
You should have been given more info with regards on how to verify the rescission period in your timeshare contract. But as our team read many Starwood timeshare complaints, it seems that several new owners were not provided this info. Though we cannot confirm the validity of these statements, still we recommend you always reach out to your timeshare developer first!
Remember you legally have the right to receive this information. So, in any case you feel you are being given the round around, stand your ground. And be firm with your requests.
How to Sell Starwood Vacation Ownership
In case you are now past your state’s rescission period, you might consider selling Starwood Vacation Ownership on the web. Our team believes there are a couple of things you should know first.
Generally, timeshares don’t hold their worth, and it can be difficult to sell them. If you simply do a speedy search on eBay or Craigslist for timeshares, and you’ll find several $1 bids without any offers.
If somebody told you your timeshare was a “great investment,” they lied. Almost every timeshare depreciates in value once bought. Very much like vehicles, we’ve seen timeshares drop by more than half its original value. This has driven numerous timeshare owners down the wrong road.
And because of timeshare resale scams, numerous owners have gone a very long time without finding a buyer. Maintenance fees continuing to pile up, resale expenses for posting their timeshares online, it can truly become a nightmare! This has caused what we know as “timeshare resale scams.”
Con artists typically feed timeshare owners lies with “buyers” that are “ready to buy their timeshares now”. Never pay anybody up-front fees. To look further into timeshare resale scams, click here.
You can likewise take a stab at calling Marriott International to check whether they have any programs set up to help you with getting you out of your timeshare. However numerous timeshare organizations don’t immediately offer such help. Why would they when you are bringing in cash for them?
Going down this route can be exhausting. Be prepared for associates that will try to upsell you, get you to upgrade, or give you the round around when it comes to answering your questions.
Timeshare Exit Companies and Escrow
Selling Starwood Vacation Ownership can be challenging. Furthermore, we comprehend your rescission period is a time-sensitive task. Anybody could miss it if no one disclosed this to you. So, what’s next?
The most ideal way for you to get rid of Starwood timeshare might be to work with a timeshare exit company. And not just any timeshare exit company! We only recommend companies that utilizes legitimate attorneys to assist you with cancelling your timeshare contract.
But don’t let your guard down just yet! This industry is brimming with tricksters who will guarantee you complete Starwood timeshare cancellation, ask for payment up-front, but may never really get you out of your timeshare.
That is the reason we suggest just working with a timeshare exit companies that offer escrow services. So, you can avoid paying any up-front fees! Cancelling with an escrow payment option means fees are paid to 3rd party escrow account as opposed to the timeshare exit company themselves. Find out about escrow and why it’s significant here.
Final Thoughts
Our team was once in your shoes. We understand the struggle of paying yearly maintenance fees that never seem to end. With ridiculously high interest rates, we realized timeshares are not beneficial. A Starwood timeshare is no different. With an abundance of timeshare scams and complaints reported, it’s no wonder so many owners want to get rid of Starwood timeshare. The good news is you do have options.
We started this review site to give you insight into how timeshare developers and exit companies work. When it comes to the timeshare industry, unfortunately, you must prepare for the worst. Too many scams are reported every year. This is why we only recommend timeshare exit companies that have no up-front fees and offer an escrow payment option, so you stay protected.
Read over our website and fill out the form on the right or contact us through Live Chat for a free personalized exit consultation. Our team will help connect you with a timeshare exit company with no up-front fees until your timeshare contract is cancelled. There are hundreds of timeshares scams every year. Protect yourself from becoming another victim! Click here to begin.
