How to Cancel Your Hilton Grand Vacations Timeshare
As your family grows and evolves, you might find yourself not traveling as much as you once did, or you may find yourself on a fixed income due to unforeseen financial circumstances. Whatever your reasons, if you think it’s time to cancel your Hilton Grand Vacations timeshare, Boukzam Law is a timeshare cancellation law firm that may be able to help you explore your options. Your ability to cancel your Hilton Grand Vacations timeshare will depend on when you signed your contract, whether you have an outstanding loan and whether you are up-to-date on your maintenance payments. It can be very difficult to legally cancel a timeshare contract once the rescission period has passed. While there are exit companies that claim to help people cancel their timeshare contracts, owners of timeshares should be careful before they spend thousands of dollars on companies claiming to cancel their timeshare for a fee. If it sounds too good to be true, it likely is. When you hire a Hilton Grand Vacations timeshare cancellation lawyer, your lawyer has an ethical obligation to provide legal advice that’s in your best interests. The timeshare lawyers at Boukzam Law are here to help you explore your legal options when it comes to cancelling your timeshare.
It can be difficult to cancel your Hilton Grand Vacations timeshare. Boukzam Law is a timeshare law firm that is here to help. We can review your contract and help you understand your options. Reach out to the Hilton timeshare cancellation lawyers at Boukzam Law today.
What are your options if you want to cancel a Hilton Grand Vacations timeshare? Let’s explore some steps you can take to cancel your timeshare.
Cancel Your Hilton Grand Vacations Timeshare Within the Rescission Period
If you just purchased your Hilton Grand Vacations timeshare and are having second thoughts, you may still be able to legally cancel your timeshare, if you cancel your timeshare within the rescission period available for your state. The time you must cancel your timeshare will depend on the state in which you live or the state in which you signed your timeshare contract. Some states have rescission periods as short as three days and others have rescission periods that last well over a week. If you recently bought a timeshare and are thinking twice about your purchase, you may want to speak to the timeshare cancellation lawyers at Boukzam Law. Our attorneys can help you write a cancellation letter and deliver the cancellation letter as required by state law or as required by your contract.
To cancel your timeshare during the rescission period, you’ll want to put your cancellation in writing, and note that you are cancelling the timeshare within the rescission period. How you deliver the letter might matter, depending on your state and your contract. You may need to deliver the letter using formal service or through registered mail. The timeshare cancellation lawyers at Boukzam Law may be able to help you with the timeshare cancellation process if you are within your state’s rescission period. If your rescission period has passed, your options may be more limited.
Contact Hilton Grand Vacations Directly to Cancel Your Timeshare
If you want to exit your timeshare contract, but the rescission period has passed, you may want to start by contacting Hilton Grand Vacations Directly to explore your options. You can ask if HiltonÒ has “deed back” or surrender programs. Generally, to participate in programs with a developer directly, you’ll need to have no outstanding liens on the timeshare due to loans and be up-to-date on your maintenance payments. If you choose to work with HiltonÒ directly, you may sometimes still need to pay fees and in many cases, you won’t be able to recoup your costs. It’s a good idea to keep your expectations realistic when working directly with HiltonÒ on a buy-back. Often timeshare owners are offered way less than the original sale price of the timeshare. If you are behind on maintenance fees or have an outstanding balance on your loan, HiltonÒ may not be able to offer you options.
If the options don’t appeal to you, you may want to speak to a Hilton timeshare cancellation lawyer at Boukzam Law or explore selling your timeshare through a real estate company. A timeshare lawyer can also help you explore other options under the law.
Selling Your Timeshare
One option you might have is to sell your timeshare on the secondary market. Hilton Grand Vacations may have some value than other timeshares on the secondary market. That said, timeshare owners should keep their expectations realistic when selling their timeshare. Most people can’t recoup their initial costs when they sell their timeshare on the secondary market. Additionally, timeshare owners should be wary of companies claiming to sell their timeshare on the secondary market for a fee.
Another option is to rent your timeshare on the secondary market, if your timeshare contract has no restrictions on rental. You could rent your timeshare on the secondary market or rent to family and friends. If you’re not sure about your rights and obligations given your timeshare contract, or want to explore your legal options, you may want to speak to a Hilton Grand Vacations timeshare lawyer at Boukzam Law today.
Speak to a Timeshare Lawyer
If you are behind on your maintenance payments or have not yet paid off your timeshare loan, your situation might be more complicated. Before you stop payment on any loans or fees, you might want to speak to a timeshare lawyer at Boukzam Law. Stopping payments can have consequences to your credit. If you want to get rid of your timeshare, Boukzam Law is here to help. We can review your contract, learn about your situation, and help you explore your options. Beware of “timeshare exit scams.” A timeshare lawyer has an ethical obligation to offer you solutions within the law. If we think it’s best that you work directly with the developer to get out of your timeshare, we can guide you in that direction. If we think you may have other legal options, we can explore these with you.
If you are stressed about passing timeshare debt to your children, are unable to use your timeshare, or find yourself struggling to make maintenance payments, you are not alone. The timeshare exit lawyers at Boukzam Law may be able to help. Contact us today to learn more.
