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Original Message:
Re: Selling my timeshare (by Wayne C.):
My question is, are you renting it out to gain a profit, or you just don't know what else to do with it? Why aren't you using it?
I am a former timeshare sales and marketing executive who would always tell new owners, NEVER buy it to make money. It is not an investment, but for vacations.
Just because someone is a "qualified CPA, doesn't indicate that you cannot obtain this information on your own.
Now, if you have a buyer for $16,000 sell the damn thing. If the resort is selling it for $16,000, it is only worth a fraction of that price on the resale market. Surprisingly, there are people selling on the resale market who are trying to compete with the resort prices. Hmmm.
Best of luck!