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Purchasing a timeshare can be quick and straightforward, but exiting the contract is often challenging, as highlighted by the experience of Solomon Troy. After buying a timeshare in Las Vegas, he faced escalating annual maintenance fees, which rose to $2,000 after six years. Wanting to exit, he sought help from a timeshare exit company, which made strong promises, including a guaranteed exit. However, these guarantees typically require a substantial upfront payment. Solomon’s situation illustrates the potential difficulties and costs associated with both buying and exiting timeshares.
