Rent or Buy

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Re: Rent or Buy (by Beck):

It's easy to sell a timeshare, it's just not easy to sell one these days for more than you bought it for ... I say this based on buying resale. To "sell off" a timeshare you have to bite the bullet and accept the fact you will sell it for less than what you bought it for. Some of my units where I paid $1,000-$8,000 I'm selling for $1-$1,000. But other units I bought for $500-$2,000 I'm selling for $1,500-$4,000. As I get out from under most of these, I'm trading up to Marriott, SVO, and I'm beginning to look around to see if I might find a fractional or upper elite timeshare.