Has anyone successfully exited a timeshare situation?

My parents are trying to exit a timeshare that my grandparents bought into years ago. I’m guessing they’ll need a lawyer or an exit specialist but it’s painful to think that after all the money that has been poured into the timeshare, more will have to be paid to get out of it. I’ve heard there are scam exit services so I’m curious if anyone has personal experience or advice to share. TIA!


I think it depends on the value.  Not all timeshares are money sucking scams.  I have a friend who has had a terrific timeshare in Vermont for years and recently sold it to buy a bigger unit in the same place.  On the other hand, I have another friend who has a timeshare in Orlando that is an albatross around her neck.  She hardly goes and has been trying to sell it unsuccessfully for years.  So, location, desirability, ability to trade for other locations, etc. make a big difference.  I don't think any of them sell overnight, but you might be able to put it on the market and get a buyer within six months.



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