{"id":92,"date":"2016-12-15T18:09:32","date_gmt":"2016-12-15T18:09:32","guid":{"rendered":"http:\/\/classifieds.craigclassifiedads.com\/dealnews\/?p=92"},"modified":"2016-12-19T03:29:34","modified_gmt":"2016-12-19T03:29:34","slug":"get-out-of-westgate-timeshare-contract","status":"publish","type":"post","link":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/2016\/12\/15\/get-out-of-westgate-timeshare-contract\/","title":{"rendered":"How to Get Out of Your Westgate Timeshare Contract"},"content":{"rendered":"
\"westgate-town-center-resort-timeshare\"<\/a>

Westgate Town Center Resort<\/p><\/div>\n

Westgate is the largest privately owned timeshare company in the world.\u00a0It offers 28\u00a0resorts around\u00a0US, which translates into a large number of timeshare ownership. Every year, thousands of Westgate timeshares change hands. If you are a\u00a0Westgate timeshare owner in need of getting out of\u00a0your timeshare contract, below are some\u00a0options for you.<\/p>\n

Sell Your Timeshare<\/h3>\n

Unfortunately, the value of a Westgate timeshare does depreciate quickly. Even if you are able to sell it, you won\u2019t receive anything near what you paid for. Westgate Resorts does not have a buy back program. You’ll have to find a buyer yourself. However, Westgate has\u00a0Right of First Refusal (ROFR or RFR), which means it\u00a0has the first right to purchase your unit back should you find a suitable buyer. You need to notify Westgate Resorts\u00a0at (407) 355-1000 ext. 51089 and\u00a0obtain a waiver,\u00a0if you are selling your Westgate timeshare to a potential buyer. Westgate then reserves the option to actually buy your timeshare back from you at exactly the same price that you and the buyer agreed on. As a seller, this may benefit you. A bidding war between the buyer and Westgate may push up the final sale price.<\/p>\n

Depending on popularity of your timeshare, you can find buyers via a licensed timeshare broker or via timeshare for sale\u00a0sites such as Redweek, TUG, Craigslist or our own Timeshare For Sale<\/a> section. More information can be found in our How to Sell Your Timeshare<\/a> post. The top 5 popular Westgate timeshares are:\u00a0Westgate Vacation Villas,\u00a0Westgate Town Center,\u00a0Westgate Lakes Resort and Spa,\u00a0Westgate Towers, and Westgate Blue Tree Resort. All are located in Orlando, Florida.<\/p>\n

Give Away Your Timeshare<\/h3>\n

If you can’t find a willingly buyer for your timeshare, you may try giving it away. For timeshares that are not in demand, even giving them away won’t be easy.<\/p>\n

If your account\u00a0is up to date on the maintenance and taxes and the mortgage has been paid in full, you can contact Westgate Resorts Developer Services at 407-355-100 ext. 53317. This department is in charge of their Deed Back program. Yes,\u00a0you will voluntarily give title back to the resort. Your money is gone. On the bright side, you no longer need to worry about the annual fees.<\/p>\n

If you are behind on your fees or loan payment, you can ask for WDIL or Warranty Deed In Lieu of Foreclosure from Westgate. This is not easy. You may have to put on a fight to get it. A Deed In Lieu of Foreclosure does negatively impact your credit score, just not as badly as a foreclosure.<\/p>\n

In all circumstances, do not pay any person or company up front fees to get rid of your timeshare.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Westgate is the largest privately owned timeshare company in the world.\u00a0It offers 28\u00a0resorts around\u00a0US, which translates into a large number of timeshare ownership. Every year, thousands of Westgate timeshares change hands. If you are a\u00a0Westgate timeshare owner in need of getting out of\u00a0your timeshare contract, below are some\u00a0options for you. Sell Your Timeshare Unfortunately, the value of a Westgate timeshare does depreciate quickly. Even if you are able to sell it, you won\u2019t receive anything near what you paid for. Westgate Resorts does not have a buy back program. You’ll have to find a buyer yourself. However, Westgate has\u00a0Right of <\/p>\n","protected":false},"author":1,"featured_media":123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[40,44],"class_list":["post-92","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-timeshare","tag-westgate","has_thumb"],"_links":{"self":[{"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/posts\/92","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/comments?post=92"}],"version-history":[{"count":8,"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/posts\/92\/revisions"}],"predecessor-version":[{"id":104,"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/posts\/92\/revisions\/104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/media\/123"}],"wp:attachment":[{"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/media?parent=92"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/categories?post=92"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/classifieds.craigclassifiedads.com\/dealnews\/wp-json\/wp\/v2\/tags?post=92"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}