Original Message:
has anyone dealt with givebacktimeshare.com? (by Lance C.):
rm229 wrote:Givebacktimeshare.com charges a hefty fee, but other companies have recommended them to get out of Mexican timeshares...especially Raintree. Any comments?
Give Back Timeshare is one of those outfits we like to call postcard companies (or PCC). Their usual method is you pay them thousands of dollars. They will get you to sign a Power of Attorney that will allow them to do what they want with your timeshare. They will then list it on E-bay and auction it starting at $1 which may also include, as an incentive for the new buyer, closing costs and the next maintenance fees.
If someone buys it, then the PCC has accomplished what the owner paid it to do. However, if no one has bought it, then the owner is still on the hook for maintenance fees because he still legally owns it.
If you want to sell or give your timeshare away, you can do it yourself for a lot less money.