Selling a Timeshare

[MtnGoat]

Okay I have a Timeshare and I have a Guy on my ODA. We both have been looking or trying to sell our Timeshares.

We both have looked into selling. I'm here to see if anyone has SOLD their Timeshare. Him and I have worked with a Company or do something in ways to sell them.

SO if you have sold let me know. Thanks.

[Dusty]

It's illegal to sell timeshares, Bro. You can only buy them.

[Red Flag 1]

BT, wish I could say DT.

Wife bought one a decade or so ago. We've never used it, and every company that she used to sell through has failed. None that they said would sell it did so.

pm inbound.

RF 1

[x SF med]

Pool all of unused timeshares as a GB Foundation resource, the owners could donate vacation time and take the tax credit for the timeshare and be able to give the beneficiaries of the foundation a nice place to stay ... maybe a raffle or blind auction could be done- multiple benefits for the GB Foundation.

Just a thought... the foundation muckety mucks are on her and we have a couple of legal beagles that could see if this is doable....

[1stindoor]

This has been an invaluable resource.

http://www.tug2.net/advice/howtosellyourtimeshare.htm

I recommend you read all of the "horror stories" on that site. Do your homework and be willing to accept a loss.

[MtnGoat]

Originally Posted by x SF med

Pool all of unused timeshares as a GB Foundation resource, the owners could donate vacation time and take the tax credit for the timeshare and be able to give the beneficiaries of the foundation a nice place to stay ... maybe a raffle or blind auction could be done- multiple benefits for the GB Foundation.

Just a thought... the foundation muckety mucks are on her and we have a couple of legal beagles that could see if this is doable....

MED,

It's not using them.. like I said we, well wife and Family, have used it many times. Its just trying to get the time to use them. Fees go up and we both are getting hit with more and more fees becuase people are not paying their Year Maint fee, HOA, ETC. It's like planing a rental at Fort Story, VA. Plan a year out and then see if your around town then. We want to buy a Rental Condo or House that we can use when we want. At least once a month would be nice.

1st N - Thanks for the Link, Great Info!! We have seen a lot of this. We haven't been taken. But my Teammate has, for about $2500+.

[Roguish Lawyer]

I own one and bought more units from someone else -- it is NOT illegal to sell them. There are a lot of companies out there that specialize in marketing them. I am sure you can find a bunch of them through google.

If you want to PM me the details on what you have, I'd be happy to try to help you find a way to liquidate it. Lots of timeshares have rights of first refusal and things like that you have to deal with when you sell.