How to cancel a Holiday Inn Club Vacations timeshare
There are several ways to cancel your Holiday Inn timeshare. You might choose to:
- Use your rescission period to cancel your Holiday Inn timeshare.
- Resell your Holiday Inn timeshare.
- Rent your Holiday Inn timeshare.
- Work with recommended timeshare exit companies to cancel your Holiday Inn timeshare
- Avoid scams when exiting your Holiday Inn Timeshare.
For more information and expert advice on the cancellation options mentioned above, continue reading the article below.
Holiday Inn timeshare rescission period
Rescinding a Holiday inn timeshare contract is the easiest and cheapest way to get rid of it. But where do you even start?
The rescission or cooling-off period in any timeshare contract lasts 3-15 days. The exact duration depends on the state laws and the type of your timeshare contract.
You can find information on the rescission period of your timeshare at the start or end of your contract. If you are unable to find the information or understand your contract, contact us now.
Holiday Inn Timeshare Cancellation Letter
If your rescission period is still active, start writing a cancellation letter and send it to your timeshare company ASAP. Our team of experts suggests that the cancellation letter must contain all the important details like the reason for cancellation, your active email, etc.
Click here to see an example of a timeshare cancellation letter.
Sell Your Holiday Inn Timeshare
Keep in mind that when you go for a Holiday Inn timeshare resale, it’s unlikely that you’ll make a gain. As you already know, timeshares lose value over time. Due to this fact, you will not be making any profit from your timeshare. There is a high chance that you will have to bear a loss to get rid of it.
As an expert, I would advise you to be mentally prepared before selling your timeshare. But the positive point here is that you will be getting rid of the burden of owning an unwanted timeshare property.
So, how do you sell a Holiday Inn timeshare? To sell your Holiday Inn timeshare, here is what you need to do:
To sell your Holiday Inn Timeshare property, you will have to discover its current value. To do that, you must go through the current market and compare it with similar properties. Similar in terms of offered amenities, contract type, etc. This will help you discover the price for your property and give you an idea of how to write its description.
After deciding upon a fair price, register the property on resale websites like Airbnb, eBay, or SellMyTimeshare to advertise it and find potential buyers. Make sure that you upload every little detail about the property. From the contract type to all the offered amenities, everything must be included in the description to attract buyers.
Selling your timeshare can be exhausting. There is where you can use some expert advice. Our team of experts will provide you with all the relevant information and guide you throughout the process. So, stop waiting and contact us now.
Rent your Holiday Inn timeshare
You can rent your Holiday Inn timeshare if you do not want to sell it. However, you need to ask the timeshare company if they allow renting it out.
If they do, research the current market rates of similar timeshares to understand the prices. Afterward, prepare your property by cleaning and organizing it to attract potential renters. It is important to ensure the property is in good condition to get you a good price from the renters.
There are websites like Airbnb or Booking.com that will help you advertise your property and list your timeshare for rent. You can also rent out your timeshare to friends or relatives. Make sure to add a good description and high-quality photos of the property when listing your timeshare for renting.
Work With Recommended Timeshare Exit Companies to Cancel Holiday Inn Timeshare
You can also cancel your Holiday Inn timeshare by hiring a timeshare exit company. But the exit industry is full of scams. So, how to cancel Holiday Inn Timeshare and avoid scams?
Hire Timeshare Exit Companies To Exit Holiday Inn Timeshare
Choose to hire a timeshare exit company. Reputable exit companies usually have attorneys who look for misrepresentations or loopholes in your contract. The methodologies include inquiries on behavior towards consumers during the timeshare presentation.
According to our experts, you should hire exit companies that offer escrow as a payment option and have good customer reviews. This helps prove the authenticity and reputation of a timeshare exit company.
Here are three exit companies that our experts recommend to cancel Holiday Inn Timeshare:
Seaside Consultants Group
- Over 10 years of Experience in the Industry
- A – Rated and Accredited by the Better Business Bureau (BBB)
Royalty Exit Solutions
- Escrow Payment Option
- Reliable Customer Support
Resort Advisory Group
- 10+ Years in the Industry
- Professional & Highly Trained Staff
Avoid Scams When Exiting Holiday Inn Timeshare
Other exit companies will bill you up-front, and very few have an escrow option. It is also important to choose the company with escrow. This will secure your payments until the exit company does what it promised you!
Escrow Services
Escrow eliminates any doubts a timeshare owner may have when they are looking to exit their contract. With escrow, you still are paying fees, but to a third-party company. This helps protect not only the customer but the company as well. If the exit company fails to hold its end of the bargain, the company will lose its reputation in the timeshare industry.
What People Say About Holiday Inn Timeshare
On review websites like CustomerAffairs, customer reviews for Holiday Inn are not positive at all. The rating for Holiday Inn on the site of CustomerAffairs is 1.5/5. This clearly shows that customers are not happy with their purchase.
Another way to avoid scams is to find out whether a company has a track record of complaints and make inquiries with the Better Business Bureau and the consumer protection office in your state. You must never accept any terms over the phone. Before continuing, look at the company’s history and always make deals face-to-face.
As for the Holiday Inn Timeshare complaints, the number is huge. On the website of Tripadvisor, you can find customer complaints regarding their Holiday Inn Timeshare.
The number of complaints is 9246 and that is a huge number. So, keeping this in mind, you should act fast and exit your Holiday Inn Timeshare.
Frequently Asked Questions
1. Are there other cancellation options to get rid of your Holiday Inn Timeshare?
Yes! You can give it back to your timeshare resort, rent out your timeshare, transfer it to someone else, or even give away your timeshare to charity. For more information on these cancellation options, contact us now.
2. How much do the maintenance fees of my Holiday Inn Timeshare increase over time?
Research shows that the maintenance fees of timeshare properties increase by 4% annually.
3. Can I stop paying my Holiday Inn Timeshare’s annual expenses?
If you stop paying your timeshare’s annual expenses, it will cause you damage only. The timeshare resort will take legal action. As a result, your credit score will be affected, you might not even be able to visit your timeshare property and pay the expenses as well.
Summary
If you have decided to exit your Holiday Inn timeshare, I suggest you act fast. The annual maintenance fees and mortgage will start becoming unbearable as time passes. And you might not be aware but the maintenance fees increase over time.
All the cancellation options I mentioned above can help you exit your Holiday Inn Timeshare. If you think none of those suit your situation, you can contact us. My team will help you evaluate your situation and suggest a cancellation option accordingly.
For any further queries, you can contact our team anytime. My TER team is filled with experts who can provide you with all the information needed to cancel the contract.
