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Re: Getting rid of a time share. (by Mike N.):

jayjay wrote:

adahiscout wrote:

I suppose that if you value your timeshare as worthless, possible bidders take your word for it and walk away. MD

Thousands of people have tried several different methods to sell their own timeshare with no success including enlisting the aid of high priced upfront fee resale company scams and their lies. Many people have been scammed more than once by these companies.

Those timeshare owners are at the end of their rope and desperate to rid themselves of that albatross (timeshare) with ever increasing yearly maintenance fees and possible future special assessments, thus the postcard companies step in to take that responsibility off the owner's hands charging them a fee of $3000 + -.

They then turn around and auction those timeshares for $1.00 on Ebay. If no one bids, then yes, the timeshare is deemed worthless just as the postcard company has reiterated to their clients.

-------- I looked into donating a TS to charity. Based on the paperwork, they did not transfer the title until the charitably organization actual re-sold the property. I was responsible for all fees and taxes UNTIL they resold the unit, even if it took a few years to sell. In addition, I was prohibited from renting, exchanging or using my unit. If anyone find an organization willing to take a TS (no strings attached) let me know. Depending on your tax bracket another option would be to donate your current week to local organization for their raffle, auction, etc; then claim a deduction for the “retail value” of vacation week. While this doesn’t solve the problem of getting rid of you TS, it might help pay the bill.