Timeshare exit company, Timeshare Termination Team, might be able to help you get out of your timeshare ownership. It looks like the company was founded in 2011 in Aurora, Colorado, but their Better Business Bureau file starts in 2017. The company’s website seems to indicate that Timeshare Termination Team operates out of Tampa, Florida and Phoenix, Arizona.
Timeshare Termination Team’s site puts up a few red flags. They warn timeshare owners that “most don’t realize that timeshares are deeded property which means the estate or heir has automatic survivorship.” That is not necessarily accurate. There is a way to ensure that heirs can reject timeshares upon the death of their family member. Timeshare companies likely claim all heirs will necessarily inherit timeshares to encourage timeshare owners to exit their contracts.
We also do not like that Timeshare Termination Team advises owners to avoid partnering with companies to help sell their timeshare. Some timeshares do retain value, and we recommend owners do their own research to decide if selling is right for them. Timeshare Termination team might have been attempting to advise owners not to pay an up-front fee in order to sell their timeshare, which would be fair advice as those companies are often scams.
Timeshare Termination Team offers a 100% money-back guarantee, which we encourage owners to be skeptical of. A money-back guarantee means the company definitely asks for fees up front before they begin work. There is also no true guarantee that a company will keep its promise.
We always recommend owners consider using a company with an escrow payment option for extra peace of mind when cancelling your timeshare. Learn more about escrow and how it can help you avoid scams here (https://www.escrow.com/what-is-escrow). An escrow option helps keep you and your money protected regardless of the timeshare company’s financial status.
Timeshare Termination Team Customer Reviews
Timeshare Termination Team reviews on BBB, Google, Facebook, etc. are relatively positive.
Timeshare Termination Team Cost and Fees
Timeshare Termination Team does not specify a cost for their services, which is normal for a timeshare cancellation company.
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