Original Message:
Re: How to get rid of a timeshare you no longer want .... (by KC):
darraughb wrote:I read that it was a good idea to use your week and while there market your timeshare for sale to interested buyers while at the resort. Anyone had any luck with this? If so, what process did you use?
I'm not sure what you read (or where you read it), but I frankly have my doubts about its merit or credibility. Folks already at the resort during the same week you are there likely either own there already (the very same week you own, in fact) or are there on an exchange or rental. Not exactly the ideal "interested buyer" pool. The only part of this idea which even potentially makes much sense to me would be *IF* there happened to be a resale office on site, they might be able to give you a clear picture of current demand, market value, etc. and which may (for a hefty commission, of course) agree to try to sell your week for you. If you're truly desperate, while on site you could also inquire about the resorts' "deedback" policy (they might agree to take ownership back from you, a process in which you are essentially giving your week away for free). Even then, there must be no exisiting mortgages, liens, or other encumbrances and all maintenance fees must be paid up to date.