: While they called it a "buy back," Sarah actually had to pay a processing fee (often ranging from $500 to $1,500) to have them take the deed back. The Resolution
: Most owners find that Welk "buys back" the property for $0, simply relieving the owner of future fee obligations.
For months, Sarah had been searching for a way out. She’d heard the horror stories of "exit companies" that took thousands of dollars and vanished. She had looked into the , which she discovered was formally known as the Welk Horizons program. The Program Reality welk timeshare buy back
Sarah weighed her options. She could try to sell it on the secondary market for $1, or she could pay the processing fee to Welk to guarantee the maintenance fees stopped forever.
If you are looking to create your own "exit story" with Welk: : While they called it a "buy back,"
: She contacted the Welk Owner Modifications Department . They didn't offer her a check; instead, they offered a "mutual release."
: To even start, Sarah had to ensure her timeshare was paid in full . Welk (now part of Hyatt Vacation Ownership) typically only considers buy-backs for owners with no outstanding mortgage or late maintenance fees. She’d heard the horror stories of "exit companies"
: Don't use a third-party exit firm. Contact Hyatt/Welk's Transitions or Owner Services team. Be current : You must be up to date on all payments.