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Getting rid of a time share. (by Barbara B.):

I don't think you can write it off unless it was an investment.

Let me get this straight . . . they want you to pay them for taking it off your hands? Do you want to pay for these unwanted timeshares again? You already purchased them once, right?

If you own them outright, just post them on RedWeek for the cost of the maintenance fee and take your loss. Ask yourself what your goal is . . . Is it just to get out from under the load, or are you trying to make money?

It's like a garage sale. If you have a garage full of crap you originally paid $30,000 for and at the end of the sale you made uh, let's say $2,000 . .. It just means that you only lost $28,000. But somehow, you are happy that you made $2,000 right?

It's a mind set. Get rid of the burden, take what you can get and go forward. Do not let anyone talk you out of more money.

If posting it for the cost of the maintenance fee does not work, post it all over the internet. Craig's list, etc, for free. Somebody wants it. You've just got to advertise it.

Check out my listing on RedWeek. Marriott Waiohai, Koloa, Hawaii. Mine is the one listed for a $19,000 annual week. Read what I wrote. We anticipate hard times and I am trying to sell our little pieces of paradise. I have received two low ball offers from Agents. I have refused them because I am trying to capture some money. But if it comes down to selling them all for the price of just the maintenance fees, I will. Don't panic Redbird. Use all the sources at hand and be ready to take your lumps.