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Getting rid of a time share. (by John D.):

redbird wrote:

How does one get rid of a timeshare that we no longer use and can't sell for just one maintainace fee or less. We just attended a presentation with a company called Timeshare Relief Inc. Has anyone had any experiance with that Co. They wanted $3500 for one week and $4200 for two weeks to end all obligations to the timeshare that we own. Than they said that we could write off all the loss from purchase price and the amount they charged to get rid of the timeshare aginst capital gaines and never have to pay another maintaince fee again. Our timeshare is now going to charge an extra assessment plus maintaince to the total of just under $1,000 per week on a timeshare that we could not sell for $500. Also it is available for extra weeks on RCI for under $400. Need Ideas

I got rid of one by paying $300.00 to a trust listed on ebay. It is listed under get rid of your timeshare. He bought mine, while I owed $1200.00 in back fees. He sent me a copy of the recorded deed proven that he finished his comitment to me. I also have not recieved any more letters from the resort. So I would suggest if you can not sell your unit to go to ebay and try him before paying a fortune to these other rip of companies.