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Re: How do I sell this week? (by Lance C.):
victoriah165 wrote:I really want to get rid of it at this point, never even use it. Id rather just cut my losses and move on. Any advice is greatly appreciated.
The first piece of advice is to not pay any of these companies or charities to get rid of it for you. Some are scams. Others will just charge you thousands of dollars to do what you can do yourself.
If your unit is with Wyndham, Diamond, or Westgate, check out their respective deed back programs. Some will take it back if your mortgage and maintenance fees are all paid up. They might charge you. Diamond is about $250 and Westgate about $900. If it's not with any of those, you can still contact the resort's Homeowners' Association and see if they will take it back. They might ask you to pay closing costs and maybe even the next maintenance fee. But at least it will be a clean, legal transfer that will release you from further maintenance fees.
The other suggestion is to try yourself to find a taker. You can advertise it for giveaway here on RedWeek. You can also try listing it for giveaway on Craigslist, E-Bay, My Resort Network, or Timeshare Users Group (aka "TUG"; tugbbs.com) TUG has a Bargain Deals section that allows you to advertise for free that you want to give your unit away. If you're really serious, you can offer an incentive to the new taker such as paying closing costs and even the next maintenance fee.