Westgate Resorts has grown to be the third largest timeshare company in the world, with locations in Florida, California, Arizona, Utah, Missouri, South Carolina and Nevada. A timeshare pitch is a high-pressure sales effort, and many people don't realize what they're getting into. Others decide to sell after owning the deed for a period of time. It is possible to get out of a Westgate mortgage.

Rescission Period

If you just signed the contract, it's possible to change your mind, but you need to act quickly. The rescission period differs by state; it may be as short as 4 days. You should be able to find the date in your contract. The necessary paperwork should also be there. Fill it out and mail it by registered letter; that way there's a record of when you mailed it. You can return the paperwork in person as well, but remember that you'll be returning to the same people who talked you into signing in the first place.

Sell It Yourself

If the rescission period has passed, you can sell your timeshare yourself. Westgate's contract states that they hold the Right of First Refusal. That simply means that when you find a buyer, you need to report the information to Westgate. They have the right to match the offer and buy it themselves if they so choose. There are several different sites where you can advertise a timeshare for sale. Sites like Craigslist have become popular. Some people list their timeshare on eBay or another auction site, but remember to set a reserve price. Another idea is to advertise your timeshare in local papers where the timeshare would be attractive. For example, if you own a Myrtle Beach timeshare, advertise it in a Michigan paper in the middle of the winter.

Use an Agency

There are plenty of agencies and timeshare brokers online that will help you to sell your Westgate timeshare. This has its advantages and disadvantages. Potential buyers will search these sites, looking for a deal, so it might be easier to sell. Remember, though, that the broker will get a cut of the final price, so you might not receive as much as you had hoped for. If you're interested in using a broker, do your homework to avoid scams. Search for reviews of the agency. Check with the Better Business Bureau and also the Attorney General's office of the state where your timeshare is located. If all checks out, listing with an agency might be a good way to get out of your Westgate mortgage.

Source:

Sell My Timeshare Now

How to Sell Your Timeshare in This Economy

How To Sell a Timeshare Quick and Easy

More Information:

Westgate Resorts

Timeshares Only

Tips for Selling Timeshares