How to Cancel Your Festiva Timeshare
If you want to cancel your Festiva timeshare, you may want to reach out to the timeshare cancellation lawyers at Boukzam Law. If the rescission period for your timeshare has passed, it can be very difficult to cancel a timeshare. Despite these difficulties, you may still have options. The timeshare attorneys at Boukzam Law are here to help you explore your options.
The options you might have to get out of your Festiva timeshare will depend upon many factors, including how recently you purchased the timeshare, whether you owe outstanding maintenance fees, and whether you have an outstanding loan for your Festiva timeshare. Life plans change. You may find yourself unable to travel like you once did. Finances can change. If you find yourself struggling to keep up with your Festiva timeshare maintenance fees or are looking for ways to cancel your timeshare, the Festiva timeshare cancellation lawyers at Boukzam Law may be able to help you.
Your options for getting out of your timeshare can include deeding back the property, selling the timeshare, renting out the timeshare on the rental market, and more. There may be other legal options available to you. A timeshare lawyer at Boukzam Law may be able to help you explore these options. Cancelling a timeshare isn’t easy, and there are no quick and easy solutions. Timeshare owners should beware of scammers who claim to guarantee to cancel your timeshare contract for a fee. When you hire a timeshare lawyer, you’re working with a professional who has an ethical obligation to put your best interests first. Reach out to Boukzam Law, a timeshare law firm today to learn more.
How can you cancel your Festiva timeshare, and what are some steps you can take to cancel your Festiva timeshare? Let’s explore steps you may be able to take on your own and how a Festiva cancellation timeshare lawyer at Boukzam Law may be able to help you.
How to Cancel Your Festiva Timeshare Within the Rescission Period
If you recently purchased your Festiva timeshare, you may have the option of cancelling the timeshare within the rescission period. Every state has a rescission period during which timeshare purchasers can legally cancel their timeshare contract without penalty. Unfortunately, the rescission period is very short. In some states, the period is as short as three days, and in other states the rescission period may be a little over a week. If you recently purchased your Festiva timeshare and are having second thoughts, you may be able to cancel your timeshare without penalty if you are within the rescission period. You may need to write a formal letter and send it using a formal mail service. Your contract and the state in which you signed your contract may have specific procedures you may need to follow to formally cancel your timeshare within the rescission period. If you have questions about cancelling your Festiva timeshare, the timeshare attorneys at Boukzam Law may be able to help. If your rescission period has passed, your options for legally canceling your timeshare without penalty may be more limited.
Contact Festiva Directly to Explore Timeshare Cancellation Options
If the rescission period has passed, and you want to cancel your Festiva timeshare, you may want to contact Festiva directly to explore your options for cancellation. When you contact Festiva, you may want to ask if they offer “deed back,” surrender, or buy back options. It is important to have realistic expectations if you want to explore this route. You may need to pay fees and may receive much less than you initially paid for your timeshare. If you owe maintenance fees or have an outstanding loan, “deed back” or buy-back options may not be available.
If Festiva can’t offer solutions when you contact them directly, you may want to speak to a timeshare lawyer at Boukzam Law who can help you explore other legal options.
Selling Your Timeshare
If you can’t work directly with Festiva to cancel your timeshare contract, you may want to explore whether selling your timeshare can help you get out of your timeshare. A reputable real estate agency may be able to sell your timeshare on the secondary market. That said, it’s still important to be realistic. You may only get a fraction of what you initially paid for your timeshare. And if you owe money in maintenance fees, this may not be an option. Timeshare owners should beware of scams or companies claiming to guarantee the sale of your timeshare for a high fee.
If selling your timeshare isn’t an option, or something you don’t want to pursue, you could also consider renting your timeshare on the rental market. You may need to look at your timeshare contract to see if there are any restrictions for renting out your timeshare. If rental or resale isn’t an option for you, you may want to speak to the timeshare lawyers at Boukzam Law. We can help you understand the options you have when it comes to cancelling your Festiva timeshare.
Reach Out to a Timeshare Lawyer
A timeshare lawyer at Boukzam Law can help you cancel your timeshare and help you explore your options. If you are behind on maintenance payments or owe money on a timeshare loan, you might be worried about falling behind on payments or may be stressed about not being able to use your timeshare. Before you take the drastic step of stopping payments, which can affect your credit and have collateral financial consequences, you may want to speak to a Festiva timeshare lawyer to understand the full range of options that may be available to you.
Many people find themselves in your position where they own a timeshare they no longer use or can no longer afford. You don’t have to navigate the process of getting out of your timeshare on your own. Reach out to Boukzam Law, a timeshare law firm today. We are here to help. We can review your timeshare contract, learn more about how you got into the timeshare in the first place, and help you understand the next steps you can take.