sELLING MY TIMESHARE
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Re: sELLING MY TIMESHARE (by Carrie S.):
"Over time" means you are paying off a loan (financing), and those payments include principal and interest. Over th length of the loan, you will pay two to three times as much as if you had paid cash for your unit.
Sometimes, it is better to take a loss than pay out that much. Check with your tax man to see if the loss is a deduction. Then read Suze Orman to learn about how real estate and loans work, so you can understand them.