How To Cancel a Vacation Village Timeshare
Have you recently purchased a Vacation Village timeshare? If your salesperson made you multiple false promises prior to your purchase, you’re not alone. If you feel like you were misled during your purchase and want to opt for Vacation Village Timeshare cancellation, you have options. Statistics show 1 out of 8 households in American own a timeshare. There are many chances of scams because of the ever-increasing competition within the timeshare industry.
We suggest you explore your vacation village timeshare cancellation options. Need help? Reach out to our team for a personalized free consultation. Feel free to fill out the form on the right. You may also initiate a Live Chat so our team can begin to assess your situation. We will recommend an ideal exit company for you.
Vacation Village Timeshare Cancellation
Vacation Village Resorts and Affiliates is a large timeshare developer. It offers timeshare properties at more than 50 resorts throughout the United States. The company was founded in 1975 by James E. Lambert and has properties in some of the most popular vacation destinations. These include Orlando, South Florida, The Berkshires, Las Vegas, and other locations including Southern California.
They have also partnered up with RCI and Interval International to offer a wide range of vacation property options for timeshare owners. If you want to purchase property with Vacation Village Resorts and Affiliates, we recommend receiving the details before any commitment. This goes even for timeshare presentations and owners’ “informative” meetings. If you’re interested in canceling your vacation village timeshare, keep on reading!
Many online reviews have mentioned how future timeshare owners have been misled into attending these meetings. They offer a guarantee free hotel stay at the hotel hosting the event and a 90-minute presentation. In contrast, the meetings have lasted up to 4 hours. And if any of the people tried to leave early, they were billed for each night of the reservation. Others have been billed to a lunch that they were not expecting. Make sure you ask all the right questions if you deal with any future negotiations involving Vacation Village Resorts.
Vacation Village Cancellation Policy
Some methods of their sales approaches have included an advertisement for their affinity rewards program. It is a membership program incentive for owners through Vacation Village Resorts. For each qualified referral that visits and tours one of their resorts, they’ll credit your membership account with “10,000 Affinity Rewards Points”. This will equal to a $100 value.
Other incentives have included sending special invitations to receive vacation getaways. Past timeshare owners with Vacation Village have complained of being unaware of their strict corporate policy of “No Cancellation or Rescheduling” of the vacation. In order to avoid any future miscommunications, we recommend reading and asking for all the fine details when involved with any timeshare properties. If you have recently purchased a timeshare property with Vacation Village and would like to cancel, you may be still eligible. Also, the company does not offer a Vacation Village deed back program or has a specific timeshare deed back program.
Cancel with Timeshare Exit Companies
Depending on the state that you have purchased timeshare property in, their current recession law will determine your recession period. Rescission periods vary depending on the state you are in. An average rescission period can range from 3 to 7 days. However, in the state of Florida, the rescission period is 10 days. If the timeshare owner cancels any signed contract within this period, the resale advertiser must provide a full refund to the timeshare owner within 20 days, non-negotiable. Many timeshare resorts also do not offer a timeshare deed back program.
This is because the State Rescission Law will always trump any timeshare policy. If you have passed your rescission period, unfortunately, you will need to look into other options for cancellation. Your primary option should always be to contact Vacation Village directly to see if they will accept your timeshare back. Another option you have as a timeshare owner is by selling your property on any resale market. Websites such as eBay or Craigslist are good sites to start with when attempting to resell your timeshare property. If you are already familiar with this method, then you most likely have seen other timeshare owners advertise their properties for bids starting as low as $1 or sometimes even $0!
This is a great indicator of just how stressful it can be reselling your timeshare property past your rescission period. And regardless of which method you wish to pursue, please be careful of any high up-front fee with a company that will want to charge you in order to proceed. This is why we highly recommend using escrow as insurance which can protect you from future inconveniences or scams. If the timeshare exit service is not completed, you can receive a full refund from the third-party escrow account company.
Vacation Village Resorts and Affiliates have quite a reputation for themselves. And due to this reputation, sometimes timeshare exit companies might charge you a hefty fee. We always recommend you try to negotiate the price and never agree to the first quote. There have been cases where timeshare exit companies started at $20,000 fee and ended at $10,000. That’s 50% off! It can never hurt to haggle the price. It only can benefit you.
We started this review site in hopes of increasing your awareness when dealing with timeshare exit companies. Please read over our website and fill out the form on the right. You can also contact us through Live Chat for a free personalized exit consultation. Our team will help connect you with a timeshare exit company that has no up-front fees until your timeshare contract is canceled. There are hundreds of timeshare scams every year, protect yourself from becoming another victim!