Original Message:
I worked at a timeshare SCAM....I want to tell you about it. (by Steve M.):
jayjay wrote:joannc110 wrote:I currently have a timeshare and i need to get rid of it. do any of u know of a company that can help me. I have already been scammed by www.sellmytimesharenow.com and im out that money. I can't afford the stupid thing (i bought it for my ex and they didn't want it after we broke up) with the HOA fees. I would like to donate it but it isn't paid off yet. Can anyone help me please?If you still have a mortgage on your timeshare then there's no way you can find a buyer or even a bogus charity that will accept it ..... you'll have to pay if off then try to sell it or give it away. In the meantime the best thing you can do is use it, exchange it or rent it out
One option to explore - but it does not always work.
Tell the time share that you intend to default on the mortgage, and ask if they would take the unit back instead. Some, but not all, would rather just take your money you paid and take the unit back, rather than go through the process of repossesing the unit. This is particualy true in Florida, where the law limits what they can charge when they resell a repossesed time share. If they take it back, they can charge any price they want when they resell, and they get to keep all the money you already paid.
May work - may not - but what have you got to lose?