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Original Message:

Re: sELLING MY TIMESHARE (by Carrie S.):

jayjay wrote:
Taking a loss means you will lose money on your developer bought timeshare whether it's paid off or not.

Also it's very hard to sell any timeshare that has a lien on it (money owed). The best you can do is pay off your loan and then sell your timeshare (at a loss), use it or exchange it. If you stop making payments your credit will be ruined just as if you stopped making payments on a car, house or any other bill you owe.

Suze Orman is the author of various financial books. She is down to earth and practical concerning how to handle money.

teresaw57 wrote:
What do you mean by take a loss. Where do I find this information about Suze Orman
Suze Orman is on the cable/dish at CNBC. She also has lots of books. Check Amazon.com . They have used books. You can save money by buying used ones. You don't need to buy a new book to learn from them.

As a woman, I like her style and approach.