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Original Message:
The cash register rings again for a Post Card Company... (by R P.):
ede48 wrote:I want to exit my timeshare. Purchased 8 years ago. It is 100% paid for. $600 per year mx fees. Not desireable enough for easy resale. So, I am searching for someone to help me transfer the title (I don't want to sell it for $). Seems there are several approaches here:1. "Donate for a Cause" offers a 'guaranteed' sale for $1299 including the Resort Transfer Fee, with the added benefit of getting a tax write-off. Title company holds fee in escrow until sale is complete. 2. "Timeshare-Insider" offers 'guaranteed' sale for $1,995 plus RTF. No charity involved. 3. "The Owners Advocate" offers to get the resort to take back the timeshare for $550.
Any thoughts? Advice? Thanks!
Donate For A Cause will NOT take just any timeshare week (they're probably not taking ANY weeks now) and they cannot guarantee one will sell that they might take. In this economy, timeshares are a luxury that many people merely cannot afford any longer with rising maintenance fees due to mounting foreclosures (in other words the owners that pay their higher maintenance fees are now having to make up for those that do not pay). This is being discussed on TUG.
Neither can Timeshare Insider guarantee that a timeshare will sell, so that's a bunch of BS in order to get your money (upfront fee).
Owner's Advocate can in no way force a resort to take back a timeshare deed .... they are just another upfront fee scam.