Every Westgate timeshare contract has a stipulated “cooling-off” period. This is called the rescission period which allows every timeshare owner the legal right to rescind his or her contract with the resort or company.2019-02-20
What happens if you stop paying Westgate timeshare?
Simply stated, if you stop making payments on your timeshare loan, you will eventually face foreclosure since a timeshare is considered real property just like a residence (note that the other owners of the timeshare property are not affected in any way by the foreclosure of your interest in the property).
How do I get out of Westgate ownership?
- Rescission. Every Westgate timeshare contract has a stipulated “cooling-off” period. ...
- Cancellation. Your Westgate timeshare contract can also be eligible for cancellation via consumer rights violations. ...
- Resell Timeshare. ...
- Deed Transfer. ...
- Donate. ...
- WestGate Legacy Program.
How long do you have to get out of a Westgate timeshare?
The Westgate timeshare cancellation policy is rife with small-print made to keep clients paying. The Westgate cancellation policy is another sad one. Cancellation must be made either 3, 7 or 30 days in advance of the planned arrival time. Cancellation within the window accords the clients a refund.
How can I legally get out of my Westgate timeshare?
- Rescission. Every Westgate timeshare contract has a stipulated “cooling-off” period. ...
- Cancellation. Your Westgate timeshare contract can also be eligible for cancellation via consumer rights violations. ...
- Resell Timeshare. ...
- Deed Transfer. ...
- Donate. ...
- WestGate Legacy Program.
How can I get out of paying my timeshare?
- Call the developer.
- Rent it out.
- Sell it on the resale market (expect to take a hit).
- Gift it to a friend, family member or stranger.
- Stop your payments (but expect consequences).
- Avoid scams.