Would You Like An Expensive Timeshare?

Timeshares over time have received a bad rap.week. The question then becomes; can I get a
When you go to Hawaii you can get 50 to 75%1500 sq foot oceanfront condo for $2950 a
off the price of most activities by attending timeweek? So caveat emptor. Do your research into
share sales presentations.similar accommodations in the same area before
And then it becomes a number game, which theyou buy that timeshare.
time share sales people know by heart. 1 in 100After you buy the timeshare there may come a
attendees probably buys and has to pay for allday that you may want to sell the timeshare.And
the discounts given to the other 99 attendeesnobody wants it. What now? You try Ebay, but
and the salesman's commission.your timeshare is not during high season but
That's why it is not a good idea to buy aduring low season and it is in Brampton Missouri.
timeshare at these presentations. You can buyWhen you try to sell it you find out that there
good timeshares at resale timeshare companiesare 945 other timeshares for sale on Ebay. So
and there are quite a few available on the Webthere you are with a timeshare you are bored
today.with after 10 years and you can't give it away
You can buy them at 50 to 30 cents on the dollarand you are still saddled with the annual
and even at those discounts you have to be verymaintenance costs..
careful that you get value for your money.Most people at this point will just walk away. Pity!
Because; You now have a fixed place to go toJust give it away. Yes you can, there are now
every year. If that turns you on, good for you.charitable organizations that will take your
There is a yearly maintenance fee that can betimeshare.
fairly steep.So why donate your timeshare? No Cost to You
You may be able to get similar accommodationsFast and Easy Process Get a Tax Write-off Save
in the same area at a hotel for the same amountMoney in Broker's Fees No More Maintenance
as the maintenance costs for the timesharefees, Taxes or Special Assessments Why should
WITHOUT BUYING A TIMESHARE.you donate rather than sell?
To make timeshares more palatable to theThere are literally thousands of timeshare owners
general public there are some new twists such as:eager to sell their timeshare. Listen to this scam,
A timeshare that you can only use one weekit's a real doozie.
every 2 years.Many owners have been roped into paying a
That way the annual maintenance fee does notlisting company an upfront fee of $300 to $1000
seem so high. And then there is the rotatingto list their timeshares for sale. Typically, a listing
timeshare so you're not bound to a specific timecompany representative is able to talk the seller
every year.into the listing price by saying the timeshare has a
But you don't find out how much of a hassle it isresale value many times the actual amount.
to get your desired week until you try to fill outSome people cannot believe that their timeshare
the paperwork. How about the new "Destinationis actually worth so little. Once the seller pays the
Clubs"?listing fees, the timeshare does not sell because
At first, they seem like time shares, but the "club"of the unbelievably inflated price. At the end of
says they're completely different. Most prices arethe one-year listing contract, the agent calls the
sky high, up to $1,000,000 -- but there are clubsseller and attempts to get them to re-list for
offering memberships from $4,000 to $20,000 aanother $300 to $1000.
year.In the meantime the seller has not made
They say if you decide to leave the club, you'llarrangements to use the timeshare, expecting it
get 80 percent of whatever the currentto sell. In addition to listing fees the seller has also
membership sells for, thus gaining equity.been paying maintenance fees and taxes on the
They have many names, but in actual fact you'reproperty.
still buying into a program that qualifies you to useOften times a seller will spend $4000 trying to sell
a hotel room, resort, condo, home, airplane ora property that will eventually sell for only $1,000
houseboat or other domicile for a set period ofto $4,000. By making the timeshare a charitable
time every year, ranging generally from onedonation donors can get rid of their property in a
week to several weeks.matter of weeks at no cost to themselves while
In Cabo San Lucas Mexico a 1500 sq foot 1 weekgetting a tax write-off.
oceanfront timeshare with all the bells and whistlesBy donating, timeshare owners capitalize on their
sells for $35,000 which will give you the use ofprofits while also assisting charitable organizations.
the timeshare for 20 years. On top of that youBefore you give away your timeshare spend half
pay another $1200 per year maintenance.an hour with an accountant or a tax lawyer. It will
So for 20 weeks use of this oceanfront propertypay for itself.
you pay a total of $59,000 being $2950 per