How Can I Sell This Timeshare?
We did something really dumb last summer, now looking back and bought a 10,000 timeshare in florida near disney. We want to sell it because it is a drain on our finances as far as being able to save. It’s 200.00 a month that could go into paying another bill off. what is the best way to get rid of it or are we stuck? we tried ebay and sell my timeshare now and had no luck they are offering way less than what we owe. don’t want money out of it just someone else to take it over.its a 2bdrm lockoff unit in florida, deeded and about 500-700 in maintenance fees our years are even. and the timeshare company has the first right of refusal when it comes to the new buyer. it’s 5 mins from all the disney theme parks. I want to be done with it we just got it last june and still owe quite a bit of money. How can i legally unload this????
Selling a timeshare can be really tough, and you will probably still end up owing on it after you sell it. The Timeshare User’s Group (tug2.net) has some information on how to sell a timeshare. I wish you the best.
hire a realtor!
If you want to be done with it take the offer you got on ebay or sell my timeshare now.
Timeshares really have no value, they are a scam, but you probably already know that now.
My in-laws were trying to get rid of one a few years ago and couldn’t find a sucker to take it off their hands. They finally ended up donating it to some charity and took the tax deduction.
In all honesty though, I can’t even think of a charity that would want one and can’t remember now who they donated it too. They have both since passed away so I can’t even ask.
Afterthought – I found a website for you if you want to donate it.
First you must understand that 50% of the purchase price was commission to the time share mgmt company. From that they pay all sales and operations related costs so what you got was a $5000.00 time share. Take the best offer closest to that.