donating a timeshare
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Original Message:
Re: donating a timeshare (by R P.):
vanessac54 wrote:The charities don't actually even touch the timeshares at all. The timeshares are wholesaled out for very little and the proceeds go to the charity. Charities are not equipped to handle deed transfers, closing costs and legal work. They don't have any more luck selling them then any other owner and when they fail to sell than the charity is responsible for burdensome maintenance fees and taxes. This is where the expertise of a company like Property Donation Group is greatly appreciated. http://www.propertydonationgroup.com
You state that the charities don't actually touch the timeshares at all, but they are responsible for maintenance fees and taxes .... that doesn't make sense, sorry. One can buy a wholesaled timeshare every day of the week on Ebay for 1 cent to $1.00.