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Re: Please help! Anyone!?! (by Lance C.):

ninab70 wrote:

I am willing to gift my timeshare to anyone willing to get it. But I understand it's not that easy. Just spoke with my resort and apparently to "deed over" the timeshare back to resort (seems as the least expensive option) will cost me over $1000!!!!! That includes the maintenance fee plus the legal transfer fee.

Anyone knows easier way to get read of TimeShare? N

Well again I will emphasize to never ever pay anyone a large, upfront fee to sell, rent out, market, or "cancel" your timeshare. There are many operations doing this that are scams.

What the resort is charging you is actually normal and not far out of line. Most resort Home Owners Associations (HOAs) that do take units back usually charge one or two years' maintenance fees plus closing costs. So what this resort's HOA is asking is actually pretty low. Besides, a lot of HOAs do not even take deeds back.

If you feel that paying $1000 to relieve you of further maintenance fee (and possible future special assessments) is worth it, then I would advise you to jump at this offer.

If you do not like the offer, try listing your unit in RedWeek's Bargain Basement, E-Bay, My Resort Network, Bidshares, or Timeshare Users Group's (aka "TUG"; tugbbs.com) Bargain Deals section. Keep in mind though, that many units are listed here with the owner offering to pay closing costs and the following maintenance fee. That would work out to about the same as what the resort is offering you.

Just be reasonable in your expectations.