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Re: Getting rid of your timeshare (by Beverly C L.):

christine514 wrote:

I believe it is possible to 'get rid' of your timeshares through a number of charities, the only thing you have to realize is that it will cost you money! Now when it comes down to it, the cost of 'getting rid' is a one off cost whereas your maintenance fees are forever. Think about it. It is really worth considering this. Whether you believe half of what you have read here it doesn't make any difference, the fact is, you need to make a decision and go ahead with it. Sooner or later you have to have a little faith.

I have stated here in this thread that I have done this by contacting Donate for a Cause and they have transferred my Sheraton Broadway timeshare. I no longer own this timeshare which is exactly what I wanted.....now as to the cost the company actually charged me about $900.00 along with me having to pay my maintenance fees and find a local solicitor (I live in England) which added up to another approx $500. Total about $1400.00. The escrow was handled by Resort Closing Inc in Montana. Believe me I was very nervous paying this fee up front, but had come to the conclusion (after months of trying all the other options, giving it away, selling etc which were unsuccesssful) that this was the only way forward.

Sometimes we have to do something that doesn't feel right at the time, but you either try it or continue to worry about the future. I have no regrets just a little less money!!

Good luck all of you who are in the same position.....

Thank you so much for your comments. I really do appreciate them and feel you have convinced me this is the way to go. I, like you, live outside the US...you in England and myself in Canada, so guess we have to "trust" in some matters if we want to rid ourselves of our timeshares and no longer be slaves to Maintenance Fee payments. I hate the thought of loosing all the money I paid for my timeshares, but currently, there is no alternative but to keep digging deeper and deeper into my savings to try to keep from going into default. I have made a note of the companies you used and hopefully over the next few months I will be able to proceed with at least one or two....I say months, because the Maintenance Fees are due in January and they must be paid, or at least partially paid for the time being. Again, thank you so much. You have given me sound advice and a way out that I wasn't aware of prior to your message. With deepest thanks.....