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Re: Getting rid of your timeshare (by Don P.):

I personally would not take a chance donating my week unless I was garanteed that the deed would be transfered out of my name. I was fortunate that my home resorts took my properties back. When I first contacted them I told them that I was going to get them out of my name by any means possible. I first tried selling them and giving them away to anyone who would take them off of my hands. I also tried donating them to a few charities and none of them wanted to get involved sine they weren't prime weeks and locations. I would have gladly paid a comapny to take them for donations without any tax deduction but I wasn't comfortable that they would actually be transfered out of my name. I would like to see the track records of these companies before I give them any money. I'm not saying that it is a scam but I want to be 100% assured that it isn't. I would not feel comfortable taking a tax deduction only to find out that I owe more in interest and peanlties if I was wrong. I even considered transfering my properties to anyone for a fee as long as they were gone.

My advice to anyone thinking about using a charity for donation is to check out the comapny thoroughly before giving them any money and make sure you get a written garantee before you agree to the deal. Once you give them your money you will have many sleepless nights worrying if it you did the right thing. Please do your homework before you commit yourself to something you might regret.