Do you currently own one or more shared vacation ownership products, or timeshares? If so, you’re not alone. The 2016 U.S. Shared Vacation Ownership Consolidated Owners Report indicated that 9.2 million households own one or more of these products. Currently, there are 1,547 timeshare resorts located in the United States alone. Since the average price of a new timeshare is $20,040.00, it’s not surprising that this is a $70 billion industry.
Many people that own one or more timeshares discover that they want to be released from their contracts. While there are several reasons for this, a 2016 survey showed that 66% of the participants stated that the maintenance fees were “too high.” While some of these timeshare owners may have continued to pay these high fees despite their cla