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"Title Transfers"... (by Phil E.):

Ok, I know this topic has been discussed to death on this board, and the search function yielded some very helpful replies. And I hate to be one of those people who signs up for a forum just so they can ask a question and then leave, but...I'm genuinely curious about this, and I'm simply not an expert.

There are now TONS of companies that are offering to take away an individual's timeshare for a payment (usually called an upfront fee). This business is called a lot of different things: the "title transfer industry," or the individual entities are "postcard companies," etc. They deservedly receive a great deal of vitriolic criticism for preying on individuals who will do anything to get rid of their timeshare. But what I want to know is, is there a gradient of unscrupulousness or are all these companies simply to be avoided?

I was reading an article...on article base of all places...that seemed to know what it was talking about, and made a lot of useful points without mentioning any specific companies:

http://www.articlesbase.com/vacation-rentals-articles/timeshare-title-transfer-companies-538789.html

But I've read a lot of similar pieces only to discover they cut corners or omitted details to paint a picture that served their agenda (there's always an agenda of some kind). What do you think? Is a title transfer ever worth looking into, or should one close the door on that option? As a timeshare owner myself in this economy, it's a question worth asking...