Have You Done Any Timesharing Lately?

Timeshares over time have received a bad rap.caveat emptor. Do your research into similar
When you go to Hawaii you can get 50 to 75%accommodations in the same area before you
off the price of most activities by attending timebuy that timeshare.
share sales presentations.After you buy the timeshare there may come a
And then it becomes a number game, which theday that you may want to sell the timeshare.And
time share sales people know by heart. 1 in 100nobody wants it.
attendees probably buys and has to pay for allWhat now? You try Ebay, but your timeshare is
the discounts given to the other 99 attendeesnot during high season but during low season and
and the salesman's commission.it is in Brampton Missouri.
That's why it is not a good idea to buy aWhen you try to sell it you find out that there
timeshare at these presentations. You can buyare 945 other timeshares for sale on Ebay.
good timeshares at resale timeshare companiesSo there you are with a timeshare you are bored
and there are quite a few available on the Webwith after 10 years and you can't give it away
today.and you are still saddled with the annual
You can buy them at 50 to 30 cents on the dollarmaintenance costs..
and even at those discounts you have to be veryMost people at this point will just walk away. Pity!
careful that you get value for your money.Just give it away.
Because;Yes you can, there are now charitable
You now have a fixed place to go to every year.organizations that will take your timeshare.
If that turns you on, good for you.So why donate your timeshare?
There is a yearly maintenance fee that can beNo Cost to You
fairly steep. You may be able to get similarFast and Easy Process
accommodations in the same area at a hotel forGet a Tax Write-off
the same amount as the maintenance costs forSave Money in Broker's Fees
the timeshare WITHOUT BUYING A TIMESHARE.No More Maintenance fees, Taxes or Special
To make timeshares more palatable to theAssessments
general public there are some new twists such as:Why should you donate rather than sell?
A timeshare that you can only use one weekThere are literally thousands of timeshare owners
every 2 years.eager to sell their timeshare.
That way the annual maintenance fee does notListen to this scam, it's a real doozie.
seem so high.Many owners have been roped into paying a
And then there is the rotating timeshare solisting company an upfront fee of $300 to $1000
you're not bound to a specific time every year.to list their timeshares for sale. Typically, a listing
But you don't find out how much of a hassle it iscompany representative is able to talk the seller
to get your desired week until you try to fill outinto the listing price by saying the timeshare has a
the paperwork.resale value many times the actual amount.
How about the new "Destination Clubs"?Some people cannot believe that their timeshare
At first, they seem like time shares, but the "club"is actually worth so little. Once the seller pays the
says they're completely different. Most prices arelisting fees, the timeshare does not sell because
sky high, up to $1,000,000 -- but there are clubsof the unbelievably inflated price. At the end of
offering memberships from $4,000 to $20,000 athe one-year listing contract, the agent calls the
year. They say if you decide to leave the club,seller and attempts to get them to re-list for
you'll get 80 percent of whatever the currentanother $300 to $1000.
membership sells for, thus gaining equity.In the meantime the seller has not made
They have many names, but in actual fact you'rearrangements to use the timeshare, expecting it
still buying into a program that qualifies you to useto sell. In addition to listing fees the seller has also
a hotel room, resort, condo, home, airplane orbeen paying maintenance fees and taxes on the
houseboat or other domicile for a set period ofproperty.
time every year, ranging generally from oneOften times a seller will spend $4000 trying to sell
week to several weeks.a property that will eventually sell for only $1,000
In Cabo San Lucas Mexico a 1500 sq foot 1 weekto $4,000.
oceanfront timeshare with all the bells and whistlesBy making the timeshare a charitable donation
sells for $35,000 which will give you the use ofdonors can get rid of their property in a matter
the timeshare for 20 years. On top of that youof weeks at no cost to themselves while getting
pay another $1200 per year maintenance.a tax write-off. By donating, timeshare owners
So for 20 weeks use of this oceanfront propertycapitalize on their profits while also assisting
you pay a total of $59,000 being $2950 percharitable organizations.
week.Before you give away your timeshare spend half
The question then becomes; can I get a 1500 sqan hour with an accountant or a tax lawyer.
foot oceanfront condo for $2950 a week? SoIt will pay for itself.