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