Ways to Get Out Of Westgate Timeshare
If you are thinking of getting out of the Westgate timeshare, there are some important things about it that you must know. Canceling a Westgate timeshare is complicated. Here, you will learn how to cancel the Westgate timeshare, the pros and cons of canceling a timeshare, and how to proceed with a timeshare exit company.
You can cancel your Westgate timeshare in the following ways:
- The Rescission Period
- Sell Or Rent Your Westgate Timeshare
- Westgate Timeshare Exit Programs
- Hire A Timeshare Exit Company:
- Write A Westgate Timeshare Cancelation Letter
The Rescission Period
The rescission period is the legal period usually lasting about 3-10 days depending on the country of the timeshare. If the owner wants to get out of the Westgate timeshare without any fine, a rescission period is the preferred option. Also, it takes less time.
How To Use The Rescission Period
Review Your Contract: The rescission period should be outlined in your contract. If it’s unclear, contact Westgate’s customer service.
Submit a Written Cancelation Letter: Write a clear cancelation letter, including your name, and timeshare contract details.
Send via Certified Mail: Ensure proof of delivery by using certified mail, as this documentation may protect you if any disputes arise.
Read our in-depth guide on how to craft a compelling Westgate timeshare cancelation letter.
Selling or Renting Your Timeshare
If the rescission period has passed, many timeshare owners turn to selling or renting their timeshare ownership. However, before you proceed with these methods, it is important to know the important aspects.
Selling Your Westgate Timeshare
Selling a Westgate timeshare can be challenging, as the resale market is competitive and timeshares typically depreciate over time. Also, Westgate owners struggle to find reliable customers who are interested in purchasing. Attempting to sell on your own might save money compared to hiring a third-party company, especially those that charge high upfront fees. However, selling independently may require considerable time and effort.
Renting Your Timeshare
Renting can help to pay the maintenance fees more so in the long term. However, acquiring the right tenants, particularly during the low seasons is a challenging task.
If you take this approach be ready for the headaches of bookings, cancellations, and payment handling. Renting can help to alleviate some of the pressures in the short term but will not give you a way out of your long-term agreement.
Westgate Exit Programs
Westgate Resorts also has its official cancellation services for those who want to free themselves from timeshare agreements. Most of these programs are less risky than third-party services.
Westgate Deed-Back Program:
Westgate may permit some of its owners to “deed-back,” their timeshare to the company. It means to return them back to Westgate without any cash consideration. This is possible only if your monthly payments are up-to-date, and you meet the company requirements.
Westgate Buy-Back Program:
Westgate’s Buy-Back Program, also known as its “Legacy Program,” does not offer a buy-back program directly. They only allow it to a few owners under some conditions. To cancel a Westgate timeshare, the owners have to contact them directly.
At the same time, one has to double-check the details with Westgate Resorts, as to avoid the scam.
Hire A Timeshare Exit Company
There are real estate attorneys who specialize in time-sharing laws. They can explain and advise you appropriately on the Westgate timeshare. An attorney may be able to talk to Westgate for you if you think you were misled, or if you have specific problems with the terms.
Several timeshare exit companies help the owners to get out of their timeshare agreements. Any timeshare exit company can offer the service but it must provide Escrow services. If the timeshare exit company does not offer Escrow, avoid dealing with them.
Learn more about the Escrow services here.
Westgate Timeshare Lawsuit
Like all other timeshare companies, Westgate Timeshare has received several lawsuits and complaints in several years. Some owners complain of being pressured to sign up for an expensive service, hidden charges, and difficulties in getting rid of the contract.
Lawsuits are not rare in the timeshare business but they underscore the need to have some legal literacy on your contractual terms.
Westgate Timeshare Cost
The initial cost of a Westgate timeshare can fluctuate depending on the location of the timeshare, the type of timeshare ownership, and other factors. On average, the Westgate timeshares cost around $23,940 when purchased directly from the company.
These prices are not accurate as there might be additional charges added to the timeshare contract.
FREE TIMESHARE EXIT COST ASSESSMENT
What People Say About Westgate Timeshare
Many Westgate timeshare reviews warn buyers about the high-pressure sales tactics and questionable value of ownership. Over time, the company has received mixed reviews on its timeshare services. The common issue highlighted by existing clients was to save money and avoid additional commitments that are offered with a timeshare. As they do not provide any benefit.
One of the existing Westgate timeshare owners shared his experience on Trustpilot. He stated how he and his wife were approached by a Westgate representative who offered free tickets to SeaWorld and Aquatica in exchange for attending a presentation. Initially, they thought it would be harmless, but it quickly turned into a relentless sales pitch that exploited the veteran’s military service to offer a supposed “discount.”
Despite their initial resistance, they felt pressured into buying a timeshare, which later proved to be a financial burden. The couple soon discovered that the costs of their timeshare far exceeded what they would have spent booking a room directly on Westgate’s website.
Since the purchase, they’ve been bombarded with frequent calls to “upgrade” their ownership or attend additional presentations, which they decline, regretting the decision to get involved with a timeshare. They now strongly advise others not to get involved in Westgate timeshare ownership.
An existing timeshare owner shared his experience on BBB. The owner highlighted his frustration with Westgate’s aggressive sales tactics and misleading promises. After being pressured into purchasing a timeshare, he found himself trapped in an expensive contract with limited flexibility.
Despite assurances of easy booking and valuable perks, the owner experienced difficulty securing reservations and was overwhelmed by unexpected fees. He expressed deep regret, urging potential buyers to thoroughly research and consider alternatives before committing to a Westgate timeshare.
Pros And Cons Of Westgate Timeshare
Pros
- Westgate Timeshare offers a loyalty program that provides owners with several benefits.
- The owners can make an online booking for timeshare.
Cons
- The cancellation process for Westgate timeshare can be lengthy.
- It may involve legal or third-party fees if the owner is not eligible for the rescission period.
- Westgate Timeshare does not offer Escrow services.
How To Get Out Of Westgate Timeshare?
You can get out of the Westgate timeshare by using the rescission period. It typically ranges from 3 to 10 days, depending on state laws. Or you can sell or rent the timeshare.
Can I sell my Westgate timeshare?
Yes, but the resale market is competitive, and many timeshares sell at a significant loss.
Is Westgate Timeshare A Good Investment?
Whether the Westgate timeshare is a good investment or not, solely depends upon the owner’s affordability and requirement.
Should I use a timeshare exit company?
A timeshare exit company can be helpful, but be sure to choose one offering escrow services to avoid upfront fees and scams.
Does Westgate Buy Back Timeshares?
No, Westgate does not offer a buy-back program.
Final Thoughts
If you are facing timeshare cancelation issues, you will be relieved to know at Timeshare Exit we can serve as the solution to your problems.
We can help you connect with reliable, affordable, and escrow services timeshare exit companies. Book a consultation with us for other cancelation methods apart from the rescission period.
Visit our website for further information or Contact us today to help you sell your Westgate Timeshare.