[2008] Givebacktimeshare.com

[mjm]

Does anyone know anything about this company?

 

[DeniseM]

Welcome to TUG!

Paying someone to take your timeshare off your hands, or paying a large upfront fee to an agent to sell your timeshare is not recommended here. There are other ways to get rid of your timeshare that you should consider first.

Please do some research here before you make a decision - Start with the article at the top of the board entitled, "How to Sell Your Timeshare."

 

[mjm]

You mention "There are other ways to get rid of your timeshare that you should consider first."

Could you please elaborate. I just wnat to get rid of it, don't want to sell it.

 

[DeniseM]

You mention "There are other ways to get rid of your timeshare that you should consider first."

Could you please elaborate. I just wnat to get rid of it, don't want to sell it.

The article at the top of the board also talks about giving away your timeshare, donating your timeshare, and scams to avoid.

But an inexpensive way to do it would be to list it on the TUG Bargain Basement Board for $1, with the stipulation that the buyer pays all closing costs.

 

[billinlv]

I accidentally clicked on a link today and the Give Back Timeshare website came up. In looking at the faqs I don't see where you have to pay an upfront fee.

 

[DeniseM]

If you own a timeshare with a high market value that they can turn around for a quick profit, there may be no upfront fee.

But if the resale value of your timeshare is low, they are going to charge you a fee of around $3,000, because it will be difficult for them to sell it.

An even bigger problem with companies like this is that sometimes they don't take the deed out of your name until they sell it, and that means that when the next maintenance fee is due - you will have to pay it.

Is your timeshare paid off?​

​

Please consider giving it away to a private individual who can use it, before you spend a cent with a company like this.

Why?
-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.) 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 2010 (and possibly 2011) maintenance fees and don't ask for reimbursement.

2) Pay for the title transfer (you can get a simple professional transfer for about $100) I've used this licensed document Prep. company and the owner is a Tugger. - Note, this is my personal recommendation, not as a representative of TUG.

3) Reserve a popular holiday week in 2010 or 2011 for the new owner​

Good luck!

 

[teepeeca]

billinjax

Maybe the "faq's" don't address paying an upfront fee, BUT, rest assurred, many/most/all of those types of companies will want "upfront $$$", and probably will do little, or no work for the money, after you have paid them.

A "small" upfront fee --- maybe anywhere up to $50 might be acceptable, but usually anyting more than that "shouts" SCAM !!!

Tony