---
title: What to Do If You Regret Buying a Timeshare
description: For as long as timeshares have existed, timeshare owners have been unhappy with their purchases.
image: https://centerstonegroup.com/hubfs/stressed-senior-couple-reading-documents-1024x684.jpeg.webp
---
- What to Do If You Regret Buying a Timeshare
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- [Testimonials](https://centerstonegroup.com/centerstone-group-timeshare-exit-reviews)
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- [Blog](https://centerstonegroup.com/timeshare-exit-team-blog)
- [Contact Us](https://centerstonegroup.com/contact-us)
# What to Do If You Regret Buying a Timeshare
For as long as **timeshares** have existed, **timeshare owners** have been unhappy with their purchases. People regret buying a **timeshare** for all sorts of reasons, but among the most common is the constant onslaught of fees: **annual maintenance fees**, **special assessments**, and club membership fees, among others.
The financial pressure exerted by timeshare fees steadily increases over the years, and it will never go away. Timeshare owners, given a bad sales pitch by dishonest timeshare salespeople, think they can turn to the timeshare resale market to get rid of their units, only to find that no such market really exists.
If you are one of those owners, you might think that things look pretty grim. In this article, we’ll take a look at exactly why timeshare ownership causes so much regret in buyers. We’ll also talk about using [Centerstone Group’s](https://centerstonegroup.com/) innovative strategies to get you a timeshare exit that lasts.
## What Are the Common Signs of Timeshare Buyer’s Remorse?
When you regret buying a **timeshare**, it sometimes pops up in emotional and unexpected ways. You should pay attention to your feelings where such a serious financial matter is concerned. **Timeshare** regret takes a number of forms. If you’ve noticed yourself doing any of these things, you may be experiencing **buyer’s remorse**:
- **You keep running through the financials in your head:** After signing **timeshare purchase** agreements, owners often can’t stop trying to plan and figure out payments and other money information, worried that they’ll come up short in the future.
- **You’ve already looked for vacation availability and had trouble finding it:** Once you start looking at the reservation system, you’ve seen that you’re not as free to use your “vacation ownership” as you thought you were at the **timeshare presentation**. To add insult to injury, the resort will try to sell you “**upgrades**” so that you can access the **timeshare** you’ve already bought.
- **You’ve tried to read the contract terms about **timeshare cancellation**, and you can’t quite understand them:** It’s not a problem with your reading skills. The **timeshare** developer intentionally made the cancellation process confusing.
All of these cases of **buyer’s remorse** share a common theme: The **timeshare company** sold you a dream, and you’ve discovered over time that it is in fact a nightmare.
## Why Do People Regret Buying a Timeshare?
A study at the University of Central **Florida** found that [85% of owners regret buying a timeshare](https://youtu.be/WagW2r9dikM?si=jbHWF8tMUekbHxQK). So, it is fair to say that most owners regret signing those **timeshare contracts**. Here are a few common reasons why.
### **1. A Variety of Ever-Increasing Fees and Assessments**
First and foremost are the fees mentioned above. **Annual maintenance fees** are a constant cost, ever rising and [subject to inflation](https://centerstonegroup.com/timeshare-exit-team-blog/timeshare-maintenance-fee-inflation). The American Resort Development Association (ARDA), which is an organization of **timeshare companies**, estimated that [average fees ran $1,260 per year in 2023](https://eyquest.com/ARDA/performancePage). When you consider that the [yearly average for timeshare fees](https://centerstonegroup.com/timeshare-exit-team-blog/average-timeshare-maintenance-fees) was $1,000 in 2018, that means there was a huge 26% increase over a five-year span. With numbers like that, it’s no wonder that owners regret their purchase. Plus, these numbers seem to be underreported. Many timeshare owners often report annual increases in the double digits.
Chances are that your purchase agreement also came with a membership in a so-called timeshare exchange like [Interval International](https://centerstonegroup.com/timeshare-exit-team-blog/interval-international). Those fees can add up to over $100 per year. And, if your **timeshare resort** wants to make a repair or improvement, you may be billed by the resort homeowner’s association (HOA) for a [special assessment](https://www.rocketmortgage.com/learn/hoa-special-assessment) of hundreds of dollars — and even thousands of dollars in many instances.
### **2. Lack of Resale or Rental Value**
**Salespeople** are known for making wildly inaccurate or even untrue statements at **timeshare sales presentations**. Not only do they say that **timeshares** are an incredible value, but they also claim a **timeshare** will gain in value over time and can even be sold for a profit. But this is simply not true.
In other words, you’re not going to get a big offer on one of thousands of **Florida timeshares** around **Disney** World. If the **salesperson** told you otherwise, you’ll understandably regret buying a **timeshare**.
**Timeshares** are a [terrible investment](https://centerstonegroup.com/timeshare-exit-team-blog/are-timeshares-a-good-investment). Even seasoned, experienced **real estate** brokers can have trouble selling them. Desperate to unload these expensive burdens, many owners turn to websites like eBay and Craigslist to “sell” them for $1 — essentially giving them away — and fail to do so.
The fact that timeshares sell so poorly has also led scammers to target unhappy **timeshare owners** with [fake timeshare sales companies](https://illinoisattorneygeneral.gov/news/story/consumer-alertattorney-general-raoul-urges-illinois-residents-be-alert-for-timeshare-resale-scams) that then steal thousands of dollars in upfront fees, only to never be heard from again.
And if you think, “Well, I’ll just rent my **timeshare** to someone else,” then think again. [Timeshare rentals](https://centerstonegroup.com/timeshare-exit-team-blog/renting-out-a-timeshare) are often prohibited by timeshare developers. Even when they aren’t, expect more fees for renting it out that will eat into any meager profit you manage to scrape up.
### **3. Nearly Impossible to Use**
Setting aside the fee and investment issues above, it can be maddening to even try to use your **timeshare**. Making reservations can be especially challenging when you have to compete with the resort [renting out timeshare rooms to non-owners](https://www.kiplinger.com/personal-finance/why-cant-you-ever-use-your-timeshare), who are then able to use the resort you are paying for.
## Can I Cancel or Exit If I Regret Buying a Timeshare?
Yes, if you regret buying a timeshare, you do have options to cancel or exit the agreement.
If you just recently signed a timeshare contract, you might still have time to [cancel or rescind under state law](https://centerstonegroup.com/timeshare-cancellation-laws/). In that case, it’s important to speak to an expert, like those at Centerstone Group, immediately. Even if that legal window has passed, experiencing regret shows that you still need to explore your exit options with an experienced professional.
But even if you have owned your timeshare for a few years, you still have options. Centerstone Group has helped thousands of timeshare owners over the years get rid of their timeshares with tools like a proprietary pressure campaign or a top-notch transfer program.
And if your case is a legal one that [requires the services of an attorney](https://centerstonegroup.com/timeshare-exit-team-blog/what-are-the-pros-and-cons-of-hiring-a-timeshare-exit-attorney), we can help you there too. We have relationships with top lawyers and law firms that can give you the legal advice you need at a discounted rate.
With a timeshare exit, there is no “one-size-fits-all” solution. Centerstone Group’s professionals have decades of experience in a variety of different cases, and they will use that experience to find the best way for you to escape your timeshare.
## How to Move Forward Financially and Emotionally
As you know, **timeshares** can disrupt more than your vacation plans. They can take a heavy toll on your finances and even your emotional wellness. Planning for a **timeshare exit**, therefore, has to include these points as well.
If your finances have been wrecked by **timeshare** fees or [even a foreclosure](https://www.nolo.com/legal-encyclopedia/how-will-timeshare-foreclosure-affect-my-credit-score.html), there are fixes available. Centerstone Group has [credit repair services and support](https://centerstonegroup.com/timeshare-exit-team-blog/how-to-get-rid-of-a-timeshare-without-ruining-credit) that can get your credit score back where it needs to be so that you can access the financial products and credit solutions that you need in the future.
Of course, while taking care of these financial matters, don’t overlook your health needs. **Timeshare ownership** causes a great deal of stress, which can lead to emotional, psychological, or even physical issues.
If you find yourself struggling with any of these effects, check out the University of Colorado’s [list of internet resources and apps](https://www.cu.edu/doc/mental-health-resourcespdf) where you can find emotional support. Or reach out to your healthcare provider to get the help you need.
## Get Help With a Timeshare Exit and Stop Living With Regret
It is all too common to regret buying a **timeshare**, but you don’t have to live with it if you don’t want to. Centerstone Group has managed to get freedom for thousands of its clients in the past, saving them millions of dollars, which is reflected in the company’s [A+ rating and 4.77-out-of-5-star review average](https://www.bbb.org/us/ca/costa-mesa/profile/timeshare-cancellation/centerstone-group-inc-1126-1000067925) on the **Better Business Bureau** (BBB) website.
Don’t just regret your **timeshare** purpose. Let us help you fix it. Every situation is different, but no situation is hopeless. [Contact Centerstone Group today](https://centerstonegroup.com/contact-us) so that we can give you a free consultation and look at the best options for you.
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