Learn how to cancel an Orange LakeTimeshare Contract
Get your options to cancel your Orange Lake timeshare
The first step in cancelling a Orange Lake timeshare contract is to get your options for cancelling the timeshare. Can you get rid of the timeshare relatively easily? Will it be a more difficult process? Can you sell it? Can you give away the timeshare? Will getting out of your timeshare hurt your credit score? These questions plague many timeshare owners when they decide that it's finally time to exit their timeshare contracts. Knowing what you're up against is critical to determine what options you have to cancel your timeshare.
The following factors determine how difficult it will be to cancel your Orange Lake Timeshare contract:
1. Paid Off vs. Financed - Is your timeshare paid off or is it financed?
2. Length of time owned - How long have you owned the timeshare?
3. Usage of the ownership - How much have you used the timeshare to vacation?
4. Proof of Wrongdoing - When you last purchased did the salesperson do something unethical? Do you have proof?
5. Length of time since your last purchase - How long has it been since you last purchased?
Now let's examine each determining factor -
Financed vs. Paid Off →
It's no secret that if your timeshare is still financed that eliminates many options to cancel your timeshare. You are unlikely to sell the timeshare (no one would buy a timeshare for what you owe when they could get a timeshare online for a $1). That doesn't mean you can't get rid of your timeshare, but you will likely have to get assistance from a timeshare cancellation company (read more about hiring a legitimate timeshare cancellation company).
For paid off timeshares - the biggest question is does your timeshare have resale value? How likely is it that you could sell your timeshare? Some timeshares are relatively easy to sell, while others are almost impossible to even give away. When it comes to selling a timeshare, we recommend working with Allied Transfers. You can list your timeshare for $99 which is the most affordable option we have found (some timeshare listing companies charge thousands of dollars 🤦).
Length of time owned →
If you're timeshare is financed then you will likely be disputing the timeshare with your developer. Regardless if you hire a timeshare cancellation attorney or timeshare exit company, the process to cancel the timeshare will be the same. Your timeshare developer will always be more lenient the more recent the purchase. Let's say you bought the timeshare nearly a decade ago, your timeshare company will ask why now or what's changed with your life that makes you want to get rid of your timeshare. The longer it has been the harder the process to cancel your timeshare will be.
Usage of the timeshare ownership →
Another factor that your timeshare developer will examine is how much you have used your timeshare. If you are complaining about the timeshare, but used your timeshare a lot then what grounds do you have to cancel the timeshare contract? This invariably makes it harder to cancel the timeshare contract. That doesn't mean it can't be done, but expect the process will take longer and be tougher.
Proof of wrongdoing →
Something that will help your case to cancel your timeshare is proof of wrongdoing during the sales process. If you have any evidence that you were lied to, misled, defrauded or that your sales person violated the law, then expect an easier process to cancel your timeshare.
Length of time since your last purchase →
The more recent the purchase the easier it is to cancel the timeshare contract. Every timeshare purchase comes with a rescission period, and it is best to cancel your timeshare during the this period (learn how to rescind a timeshare contract). However, if you cannot rescind the contract, the sooner you file your timeshare dispute, the better your chances of having a swift timeshare cancellation.
Choose an option to cancel your Orange Lake Timeshare
The second step is either to hire a timeshare cancellation company, dispute your timeshare directly or to list your timeshare for sale. If your timeshare is financed, then you may only be able to choose to dispute your timeshare directly or hire a timeshare cancellation company. Each route has its own benefits and risks.
Disputing your timeshare yourself →
The benefit of this route is that you won't have to pay anyone to help you cancel your timeshare. The downside is that you may make a costly mistake that prevents you from cancelling your timeshare. Timeshare developers have a very rigorous process that varies company to company. Each timeshare developer has its own criteria to cancel a timeshare contract.
Hiring a timeshare cancellation company →
The benefit of this hiring professionals is that you'll have a team of dedicated experts to cancel your timeshare. The chances for success are much better than if you attempt to do it yourself. However, not all timeshare exit companies are the same. Learn more about avoiding timeshare exit scamsThe downside is that it costs money to hire any timeshare exit company. We recommend examining the prices of several options to cancel your timeshare. Learn more about how much it costs to cancel a timeshare here.
Selling your timeshare →
Selling your timeshare is great for timeshare owners who have paid off timeshares that may have some value on the resale market. What buyers often look for are low maintenance fees, ample amounts of points, or even booking priority at a particular resort. To list your timeshare for sell click here.
