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Original Message:
Re: Re: Has anyone ever been scammed using redweek? (by KC):
sarahk480 wrote:is redweek the best legit way to get rid of my timeshare?
Good input in the preceding post. I will just add a few additional thoughts:
1. If by “get rid of” you mean “give it away for free”, TUG is more likely to produce a taker, imo (assuming that it’s a week and location that someone might want — and it’s also NOT a Westgate product).
2. If by “get rid of” you mean “sell”, RedWeek is more likely to produce a taker, imo (with the very same assumptions as mentioned in 1. above). Your asking price must obviously be realistic and competitive. Nobody cares one bit what you paid when you acquired that timeshare; the resale value today simply “is what it is” and sadly, sometimes that resale value is zero.
3. There may be new deed prep and deed recording costs and also likely a separate “transfer fee” imposed by the resort for any ownership change, whether it’s by a sale or by a “giveaway”. You would be wise to learn those costs and clearly identify them (as well as who will pay them) wherever you choose to “list”. Also identify in your listing the most current annual maintenance fee amount and also clearly identify the next usage date or time frame for the new recipient.
Hope this helps. Good luck!