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