5 Tips for Writing a Timeshare Cancellation Letter

When you heard the pitch for the first time, it sounded incredible. Years of holidays at your favorite destination with guaranteed availability and luxurious accommodation.

Then, the reality of owning a timeshare set in. You start to notice unexpected fees, long-term contracts, and a lack of flexibility. Suddenly, it wasn’t all butterflies and beach days.

If you feel this way, you are not alone.

Research shows that 84% of timeshare owners ultimately regret their decision. If you’re feeling stuck, a well-written timeshare cancellation letter may offer a way out. Today, we’re sharing five simple tips that can help you be as compelling and credible as possible.

1. Explain your request

Sometimes you have to work poetically to get your point across. This is not one of those times. Instead, try to make your timeshare recession letter as clear and precise as possible.

Instead of shooting off an email, type up a formal letter, which you’ll print and mail to your timeshare provider. At the top, between the recipient’s address and the salutation, include a subject line with a phrase such as “Official Timeshare Cancellation Request” or “Letter to Cancel Timeshare Mortgage.”

State your intentions as soon as you begin the body of your letter. Don’t try to weave it in quietly, which could confuse your reader. The easier it is for them to understand your intentions, the more receptive they should be.

2. Be active

When you sit down to cancel a timeshare, you should think in advance about how your provider might respond. Remember: These companies are used to trapping people into deals they can’t get out of. They will look for every possible opportunity to get you back Some? Types of contracts.

So you have to defeat them. State that you are not interested in any type of related offer, including:

  • resale
  • beneficiary transfer
  • ownership opportunities

The more you can think of as a provider, the easier it will be to anticipate and reject their follow-up ideas. Also, resist the urge to go into a long list of reasons you are unhappy with your contract. This is not the place to express your complaints and share all the times a provider has upset or disappointed you.

If you find yourself getting too emotional, take a break and step away from the computer. Come back in a few minutes when you’ve collected your thoughts. Keep it simple and concise, including only as much information as you need.

3. Request a reply

If you took the time to learn how to cancel the timeshare, write the letter, and pay the postage, you deserve an official response. However, if you don’t state it in writing, it is very easy for your provider to read your request and file it for later. Meanwhile, you sit in the mailbox every day waiting for a reply that may never come.

Most of the time, cancellation requests are time-sensitive. This is especially the case if you are in financial trouble and can no longer cover your contract. That’s why it’s important to request written feedback by a certain deadline.

Before closing your letter, state that you expect a response submitted via certified mail within 30 days from the date posted at the top. This gives the provider a set deadline to work within and should encourage them to send you Some? in return.

However, don’t be discouraged if it’s not an immediate “yes.” It may take months or even years for providers and contract holders to agree on the terms of cancellation. Your letter may go a long way and open doors of communication, so don’t lose hope in the meantime!

4. Get the small details right

If the recipient of your letter makes even one mistake in it, it could be grounds for rejection. The person reading this will be looking for every possible way to keep your contract and prevent cancellation.

You need to go through each row with a fine-toothed comb and make sure all your important information is there. Some of the most important details to include are:

  • The exact name of your timeshare (refer to your contract)
  • contract number
  • Name of contract holder
  • The date you purchased the contract
  • Your membership ID number (if applicable)

Instead of listing all this data in the body of your letter, it may help to create bullet points so the details are easier to find. Write all key points in bold. Again, the goal is to make your request clear and concise.

5. Track your letter

One tactic that some timeshare companies will use is to tell you that they did not receive your letter. To make sure this doesn’t happen, send it via certified mail and be sure to request tracking.

With certified mail, the recipient must sign to confirm receipt. This way, you will have irrefutable evidence that your correspondence reached the right person and place. If you have any further correspondence with the timeshare provider, remember to also send all follow-up replies via certified mail.

If the risk of writing and sending your own letter seems too daunting, remember that you can always hire an expert to take the reins! There are third-party experts who know what to say to increase your chances of a successful timeshare cancellation, so rest assured that you won’t have to deal with everything alone.

Write the Perfect Timeshare Cancellation Letter

Getting out of a timeshare contract may seem like an impossible feat. After all, you have signed all those documents stating that you will hold the deal for a specified period of time.

However, the reality is that circumstances and emotions keep changing. You should be allowed to reclaim your finances and remove yourself from a policy that is no longer useful to you or your family. Now that you know how to write an effective timeshare cancellation letter, you can take the first steps toward independence.

While you wait for answers, check out our Lifestyle section for more tips on working, living, and playing!