Hi and welcome to TUG!
This company will do what they say, but the tax write-off is bogus, because the write off for a timeshare worth $0, is $0. If you get audited, you could be in trouble.
What exactly do you own? Is it paid off?
If so, chances are that you can give it away on TUG:.
-You can give it away yourself for nearly no cost.
-You can control the transfer process to make sure it is truly transferred out of your name.
-You won't have to deal with companies that may or may not be Legit.
-You can transfer it to a private individual who will be happy to have it for their own use.
-You will have the satisfaction of knowing that you ended your ownership legally and ethically.
There are
TWO places on TUG where you can give away your TS's for free (no charge for the Ads.) THEY ARE COMPLETELY DIFFERENT - SO YOU SHOULD POST IN BOTH AREAS. There are other cheap and free sites on the internet, as well.
TUG Marketplace - the only cost is your TUG membership - $15 (List it for $1 and it will automatically go in the Bargain Basement Ads.)
Bargain Deals - Totally FREE! - just write a simple post with all the pertinent info. In your post,
include the following info.:
-resort name
-unit size
-season owned
-maintenance fee
-current reservations
To make it more attractive I would:
1) Pay the 2014/2015 maintenance fees and don't ask for reimbursement.
2) Pay for the title transfer (you can get a simple title transfer with no escrow or title search for about $150-$200.) Many Tuggers (including me) have been using L.T. Transfers, a no frills timeshare transfer company, and they are receiving good reviews on TUG.:
L.T. Transfers
Lisa Short and Mary Pless
http://www.lttransfers.com/
readylegal@gmail.com
706.219.2709
3) Reserve a popular holiday week in 2014/15 for the new owner
4) Instead of paying a fee to a rescue company - consider offering a cash incentive to the new owner.
5) Here is the very important step that most people miss: Come back to TUG once a week and add more info. to your thread - this will bump it to the top of the page.
Good luck!
