Thursday, April 29, 2010

What if Your Timeshare Won’t Sell?

Reality check: It is really hard to resell a timeshare property. Lucky are those who were able to sell their timeshare properties. Even though they were not able to get profit, still they get away from the annual maintenance, taxes, and other fees required of them.

If you are one of the unfortunate ones whose resell timeshares have still not been sold, then you might want to consider the following things:

1. Donate your Timeshare

Even if you already spent a lot of money for your timeshare property, reselling it won’t also gain you profit. However, this can be a solution if you don’t want to spend more and more money paying for the annual fees. If you really want to get rid of your timeshare, then this may be the solution to it.

2. Rent your Timeshare

While you are still looking for more solutions of getting rid of your timeshare, you can rent it for the mean time. There are a lot of reputable companies who offer rental of timeshares. By this way, you will be able to save up money and search for more options and solutions.

3. Go for the Exit Solution

By this solution, your timeshare can be transferred and all the maintenance, taxes, and other fees required on your ownership of the property will be gone. There are many companies who offer you this kind of service. The service is also very cheap. If you are left with no choice, then, this is the least you can do.

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