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Question DetailsAsked on 5/6/2014

How do I get rid of a timeshare? Has anyone had experience with Newton Group Transfers and are they reputable?

Our timeshare maintenance fees keep getting higher and now they are assessing a huge sum for repairs. I know there are alot of disreputable timeshare resale groups out there. My husband was contacted by Newton Group Transfers and feels they MAY be legitimate. Any suggestions?

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5 Answers

0
Votes

The reasons why a large number of timeshare owners are wondering how to get rid of timeshare are as varied as understandable. There are an incalculable number of cases of people who have bought their timeshare properties under fraudulent, high-pressure sales practices. Unfortunately, most of these people have realized they made a wrong choice after the rescission period has passed, leaving them with a big problem.

Source: http://www.timesharescam.com/

Answered 2 years ago by eugeniia

0
Votes

I bought a timeshare in Williamsburg Va 23 years ago and never go there and never rent it out and keep paying. All the ones who say they will sell for you are wanting up front fees and those are phony as can be. I have been taking it as a yearly expense all these years.

I think timeshares are like leprosy..once you got it, you got it. If you ever figure out a legit way to get rid of it, even at a big loss, please post to this list. I want out before I am 6 ft under and my daughter gets stuck with it.

Answered 2 years ago by angelwynd7

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Votes

Hello, friend! Timeshare developers and vacation clubs usually have an obligatory “cooling off” period which can range from 7 to 14 days, depending on the country where you purchased your timeshare. During this time you are able to cancel your timeshare contract and sometimes get your deposit money back. Unfortunately, once this time period has passed, you will only be entitled to cancel the timeshare if you there is such a clause allowing you to do so in your contract. In the source article you can view how to cancel your timeshare, hope it helps

Source: http://timesharemyths.com/cancel-time...

Answered 2 months ago by KristenHolmes

0
Votes

I actually used Newton Group and they were able to get rid of our timeshare in Florida. It cost us a little over 3 years worth of mainenance fee's and took a little over a year but I did not have to pay last years maintenance fee so the transaction completed successfully. Hated to pay someone to take the timeshare off our hands but we couldn't even give it away. I would recommend Newton Group. John 9/7/2017

Answered 2 months ago by johnboy1976tn

0
Votes

Tried to sell our timeshare for years... the value dropped to 2k. I was 20k in the hole hardly ever using our timeshare. Several companies offered to help after a considerable investment with no results when a light came on to take the matter to my Attorney who contacted the Resort that was billing us and ended the timeshare agreement on the spot with a signed document he drew up. No more uncontrolled annual maintenance fees, the monkey has been off our back for years now. The cost was pennies on a dollar to do it.

Answered 1 month ago by Azee30




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