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Original Message:

Re: How to get rid of a timeshare you no longer want .... (by Ken R.):

Marcg35,

You might still reconsider donating it to a charity. Depending on the tax bracket you're in and the amount of donation credit you receive you might actually end up with positive cash in your pocket.

If you want to just give it away, think about the buyers side. You say you'll give it away, but tell them to pay closing costs, transfer fees, etc. that can amount to over $1,000 sometimes. If you place an ad anywhere and are willing to cover all those costs to get rid of it, make sure you say so in the ad. Something like "All closing and transfer costs paid by the seller" or "We will pay EVERYTHING!" or something similar to get their attention.

There are several resellers that skim through those want ads listed above looking for steals they can make a profit on. If they see it, they may give you a call as well. A lot depends on the resort you have. Only the prime ones are worth the trouble to most resellers.

Dr. Ken Rich