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Old Jun 13th, 2015 | 09:19 AM
  #1  
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Cancel a timeshare

Does anyone know what is the best way to get rid of a timeshare?
georgenelson1 is offline  
Old Jun 15th, 2015 | 10:28 AM
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Did you just buy it recently? Or something you've had a long time?
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Old Jun 15th, 2015 | 10:34 AM
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i've purchased it this year, on february
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Old Jun 15th, 2015 | 10:52 AM
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I was hoping it was very recent because you might have a better chance to dispute it (like if it was on a charge card or you'd just done it yesterday).

It depends the kind of contract you signed, but unfortunately they are notorious hard to get out of. I am sorry for your situation.
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Old Jun 15th, 2015 | 11:49 AM
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I finally got rid of one two years ago, managed to sell it back to Marriott, beware there are a lot of ripoff outfits out there, one even wanted me to pay them to transfer the title. Good luck to you.
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Old Jun 16th, 2015 | 12:47 PM
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Best way unfortunately is to die. Literally 10's of thousands on resell sites
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Old Jun 16th, 2015 | 05:32 PM
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It entirely depends on where and which property. The VAST majority have essentially no re-sale value. It gets even more difficult if you have a mortgage or still owe money on it. If you own it free and clear you can sell it - but almost certainly for a loss. Most properties have a list or website where members/owners buy/sell/exchange weeks. The biggest problem is you will be in competition w/ the resort itself -- selling units/weeks they have repossessed due to non-payment of the annual assessments. They will sell them very cheap just to get new blood who will pay the assessments.

However -- there are <i>some</i> (very few) premier properties that are sought after.
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Old Jun 20th, 2015 | 02:45 PM
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you can donate it
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Old Jun 20th, 2015 | 02:54 PM
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>>you can donate it<<

Maybe . . . but if it is encumbered or has a mortgage it wouldn't be of use to a charity either . . .
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Old Jul 17th, 2015 | 11:34 AM
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Good luck.
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