Original Message:
ask-redweek-are-timeshare-exit-companies-legit (by Jeff F.):
Couple things to add is that Redweek does have skin the game in that they do try and rent or sell timeshare. However, you can go to e-bay look at Timeshares for sale and filter less than a 2 bucks and see plenty. Sorry to say the value of timeshare are no longer what they were in the past simply because of the internet. Just like Redweek and many others trying to sell or rent. What I have found are that most timeshare owners whom have looked to rent to sell have ended up spending hundreds and if not thousands trying without success plus time and frustration. This is more the case than not. Now as Jeff indicated if you have a very desirable location and week. Then you might and say might have a chance. Also, its very rare to see or know of anyone that does not have a perpetuity agreement in there Deed. This does go on forever and since you have a deed if something happens to the owners then it gets attached to the estate and someone has to take it. Usually the person handling the estate. Either way just understand your options as I received a timeshare that 5 years ago from my grandparents death and I had to take it in the estate. There was no other option in court due to the perpetuity. Then I listed it for sale and not even a chance of it selling. Then hired a Timeshare Cancellation company and yes, it cost me about 3K, but in 6 months poof gone! For the time, headache and money I had already spent in Maint. Fee's this was well worth it and a set amount! Worked great! Just think you have to have to look them up and make sure good BBB ratings on them.