The draw of a timeshare is genuine. I know my papa purchased two weeks in a resort town. One in the winter and one in the summer season. I've delighted in being able to use it, however I'm not the one spending for it. Having a timeshare can be a bad financial relocation.In This Article Here is what you need to do in order to get rid of your timeshare. Many timeshare contracts contain a retraction or rescission duration. This can be called a "cooling down" period. It's an amount of time after you signed the timeshare arrangement in which you can cancel.