Sapphire Resorts is perhaps a less well-known timeshare company than something like Wyndham or Marriott. According to their website, Sapphire Resorts currently has over 25,000 members, which is quite small compared to a company like Hilton Grand Vacations Club, which has over 700,000 members.
Just because it’s smaller, though, doesn’t mean its timeshares are less of a scam than those of the larger timeshare ownership companies. Reviews of Sapphire Resorts properties in Arizona, Nevada, and elsewhere tell familiar stories about high-pressure sales tactics, high fees, and owners’ inability to use what they have purchased.
If you are one of those unlucky timeshare owners, you may be wondering how to cancel Sapphire Resorts timeshares. The good news is that it is possible to get out of your timeshare purchase contract legally and ethically, though it takes some work. In this article, we will share some insights and a step-by-step checklist on how to get started.
Unfortunately, canceling your timeshare isn’t as easy as signing the contract was. Before you can exit properly, you need to do a bit of fact-finding. Get out all your timeshare paperwork and payment records. Collecting these will help you determine what to do next. Here, we’ll discuss how to get started.
The first thing you should know when figuring out how to cancel Sapphire Resorts timeshares is: when you signed the contract and whether you have the legal right to simply cancel the contract. Most state laws give you a certain period of time, known as a rescission period, in which you can cancel or unwind your timeshare agreement and walk away.
If you bought a timeshare in Las Vegas, for example, Nevada law gives you five days to cancel your contract. If you bought in Sedona, Arizona law would give you 10 days. Keep in mind that, while this may sound simple, Sapphire Resorts does not have to make the process easy.
You may need to state certain things very clearly in your Sapphire timeshare cancellation letter, or deliver it to a particular address via certified mail. If you don’t follow the letter of the contract on this point exactly, you run the risk of your cancellation not being effective.
While you can submit your own cancellation letter, it can be a tricky process, as we mention. Because of the risk of handling it incorrectly and missing your chance at rescission, it’s best to employ a timeshare expert to ensure everything is done properly.
If your rescission period has expired, getting out of your timeshare might be a bit trickier, but you can do it! You will just need to have all of the facts ready and be prepared to deal with your timeshare company, whether you decide to transfer your unit, negotiate an exit, or even take legal action. As we discuss below, a qualified and trustworthy timeshare exit specialist can help you make those decisions.
If you’re no longer within the rescission period for your Sapphire Resorts timeshare, does that mean you are just out of luck? Not at all, but it does make things more complicated.
A fact that often leads people to try and get out of their timeshare is that they are expensive. Ever-increasing maintenance fees, special assessments, exchange club memberships such as Resort Condominiums International (RCI), and the like will drain your finances yearly until you end your timeshare agreement.
If you’re trying to cancel your timeshare contract, you will need to know exactly where you stand on your various payments. Are you fully paid up on your maintenance fees and mortgage? Are you a little bit behind? This makes a difference because it will affect how difficult the negotiations with Sapphire Resorts will be.
Beware! Some unscrupulous people may tell you to stop paying maintenance fees or your timeshare mortgage payments in order to get rid of your timeshare. This is a very bad idea, as it may lead to foreclosure and serious damage to your credit score.
Unlike some larger timeshare developers, Sapphire Resorts does not appear to advertise a “deed-back” program where you can return your timeshare for no cost. That means a negotiation to get out of your contract might be a bit more difficult, but with a timeshare exit company like Centerstone Group, the technical aspects of the negotiation can be handled for you.
Once you have figured out where you stand, you should contact an expert to discuss your timeshare exit strategy. Sapphire Resorts has spent a great deal of time, energy, and legal power getting you into this contract. There’s no shame in admitting that you need professional advice to help you get out.
Centerstone Group’s professionals have decades of experience in the timeshare industry. They know the ins and outs of timeshare contract cancellation. They also know what to do once the rescission period has passed. Centerstone Group has a proprietary pressure campaign that has been successfully used with multiple timeshare developers, including Sapphire Resorts, to get results.
Of course, there may also be times when you need a lawyer to get you out of your timeshare. It can be difficult to know when you should hire a lawyer, but Centerstone Group can help you there as well. As part of our business, Centerstone Group has relationships with lawyers and law firms across the country, and you can use those relationships to get a discount on legal services if that is what you really need.
Even with a smaller timeshare company like Sapphire Resorts, no two timeshare cancellations are the same. Facts and contracts change, so what worked for one person before might not work the same way for you. Centerstone Group can help guide you through the complex contracts and corporate doublespeak to get you the freedom and peace of mind you need.
Centerstone Group is accredited by the Better Business Bureau (BBB) and has earned both an A+ grade on the site as well as 4.77-out-of-5 stars from customer reviews. Every day, people trust us to get the job done. Contact us today for a free consultation to learn what we can do for you.
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