Timeshare sales now

[mcorreia]

What is the safest way to unload a timeshare right now?

 

[sponger76]

What is the safest way to unload a timeshare right now?

If it is paid off and the company has a deed-back program, take can take advantage of it. Otherwise, find another person who might want it and either sell or (more likely for most timeshares) give to them.

 

[LannyPC]

If what Sponger76 said above doesn't work, your last best option would be to stop making any payments and let it go into foreclosure. Keep in mind that you will likely face a bunch of annoying collection calls and letters. You might also face a hit to your credit score or history.

Whatever you do, do not go seeking the "help" of these exit or cancel companies or law firms that claim they can get you out of your TS scot-free.

 

[Fido Chuckwagon]

What is the safest way to unload a timeshare right now?

We need more information to be able to assist you. Please answer the following questions and I'm confident you will get good advice:

1. What timeshare is it? Is it a major developer (if so list the developer), or an independent resort?
2. List the week if applicable, whether it floats, if so the season, annual dues, etc.;
3. If it's points, list the number of points.
4. Most importantly, Is it fully paid off or does it have a mortgage on it? With only a few outlier exceptions (ie: Disney Vacation Club), if you owe a mortgage on it, you're not going to be able to sell it.

 

[TUGBrian]

How do I Get Rid of or Exit My Timeshare | Effective Solutions for Owners

How to Get Rid of a Timeshare | Discover All Valid Timeshare Exit Options for Owners and Avoid Scams | Free Solutions from Timeshare Users Group

tug2.net

every owner has the same 3 options. some are just more likely to succeed than others based on what you own.

 

[vacation911]

What is the safest way to unload a timeshare right now?

Depends on what you have. Is it paid off? If its not I doubt you can unload it. It would need to be paid off. Most timeshares are given away for free on eBay and even right here on TUG.
They all have no loan....

If it paid off list for free on the timeshares for free section of this site
You could try to list for some minimal amount in the marketplace but minimal is key.
You can offer to pay closing and transfer to make it more appealing than others
If it not paid off you can either keep it, or if thats not an option take stop paying and take the hit on your credit

What's not safe is paying a company to list, cancel or sell your timeshare. They all just get you to stop paying anyways, and if you get foreclosed on, they consider their job done. Same results as just stopping payment on your own except now you are out whatever you paid.

 

[vacation911]

What is the safest way to unload a timeshare right now?

TUG Brian posted a very useful link

How do I Get Rid of or Exit My Timeshare | Effective Solutions for Owners

How to Get Rid of a Timeshare | Discover All Valid Timeshare Exit Options for Owners and Avoid Scams | Free Solutions from Timeshare Users Group

tug2.net

every owner has the same 3 options. some are just more likely to succeed than others based on what you own.

 

[AaronTB]

We need more information to be able to assist you. Please answer the following questions and I'm confident you will get good advice:

1. What timeshare is it? Is it a major developer (if so list the developer), or an independent resort?
2. List the week if applicable, whether it floats, if so the season, annual dues, etc.;
3. If it's points, list the number of points.
4. Most importantly, Is it fully paid off or does it have a mortgage on it? With only a few outlier exceptions (ie: Disney Vacation Club), if you owe a mortgage on it, you're not going to be able to sell it.

Same situation as the original poster - just paid my annual $1,600 in fees for a timeshare I will never use.


Any assistance - I have no problem listing for a $1.00. Tired of these maintenance and membership fees.

 

[dioxide45]

Same situation as the original poster - just paid my annual $1,600 in fees for a timeshare I will never use.



Any assistance - I have no problem listing for a $1.00. Tired of these maintenance and membership fees.

Post it here instead.

Free Timeshares

Timeshare ownerships offered completely free by owners! Rehome an unwanted timeshare at no cost! Timeshares listed here must be offered completely free!

tugbbs.com

 

[moonstone]

Same situation as the original poster - just paid my annual $1,600 in fees for a timeshare I will never use.


Any assistance - I have no problem listing for a $1.00. Tired of these maintenance and membership fees.

Can't offer any help except to say it is too bad that so many timeshares go unused. Our maintenance fees for our points one are on the high end too, but when I add up all the nights we book over the year, and divide that number by the cost of our maintenance fees, include our RCI membership & all the exchange fees, it always comes out to a cost of less than $100. a night , often close to $80./ night. I cant even book a roach motel for that, let alone a 1 or 2 bedroom in Florida (often beach front) or other nice area in the USA or Canada. We would much rater stay in a timeshare than any, even high end, hotel.


~Diane

 

[TUGBrian]

Same situation as the original poster - just paid my annual $1,600 in fees for a timeshare I will never use.


Any assistance - I have no problem listing for a $1.00. Tired of these maintenance and membership fees.

Free solution to get rid of your unwanted Vistana Sheraton or Westin timeshare points

how to get rid of your unwanted Vistana sheraton or westin timeshare points ownership for free

tug2.net

 

[vacationtime1]

Same situation as the original poster - just paid my annual $1,600 in fees for a timeshare I will never use.


Any assistance - I have no problem listing for a $1.00. Tired of these maintenance and membership fees.

If you are selling Lagunamar (the only timeshare shown in your profile), you should know that Lagunamar has some value. Check the TUG Marketplace and www.Redweek.com for comparable listings (comparable as to unit size, season, and annual vs. every other year) and list yours at the lowest price of current listings.

 

[AaronTB]

If you are selling Lagunamar (the only timeshare shown in your profile), you should know that Lagunamar has some value. Check the TUG Marketplace and www.Redweek.com for comparable listings (comparable as to unit size, season, and annual vs. every other year) and list yours at the lowest price of current listings.

I will review. I noticed that sales were few in number and rentals pretty high. I'm in a knee-jerk reaction going on the past several years as my fees increase and my vacation time goes unused. I'm part of TUGG, but will explore more.

 

[TheTimeTraveler]

I will review. I noticed that sales were few in number and rentals pretty high. I'm in a knee-jerk reaction going on the past several years as my fees increase and my vacation time goes unused. I'm part of TUGG, but will explore more.

Did you ever consider renting your week in order to recoup your expenses (and maybe even make a profit) ? Just another option available to you......

Welcome to TUG and best of luck!











.

 

[4TimeAway]

I'm in a knee-jerk reaction going on the past several years as my fees increase and my vacation time goes unused. I'm part of TUGG, but will explore more.

We purchased in part to force us to take vacations. Work is always present and many times we spend a couple hours a day on vacation with laptops and coffee looking at the ocean.....

I wouldn't call it complete freedom vacation, but it doesn’t seem like work either.... Compromise to live a better life. Some might even say must be nice!

 

[boyblue]

I'm with you on this, looking back over the many awesome vacations we've taken, had I not made the mistake of buying a Westgate Orlando week sight unseen, I'd still be saying next year Hun.

To address the original question, I found TUG soon after I bought that TS but after the rescission period, at the time I felt like I'd just been robbed. I'd gotten a really good deal, and it actually forced me to start vacationing. I did the reasearch, found TUG and figured how to maximize my investment. It turned out to be one of the best financial decision I've ever made.

If you still want out, and you are a person that is likely to be reliant on a healty credit score, I suggest you stick to the payment plan, and use your week until it's paid off. If you're able to bank weeks at your resort, stop using your unit and bank as may years as you are allowed. If your resort is in an area where renting will get you more than your MF, rent the weeks. Alternatively, use the banked weeks to make a more enticing sale/giveaway.

Whatever you do , do not pay any company upfront to get rid of your week. You shouldn't pay at all but most definetly not up front.

If your credit score is not important or if you live outside the U.S. stop paying imeadiately. If you used a credit card close the account. You may be threatned with legal action but the threats are empty because these resorts are on thin ice and would not want to be made an example of by any judge.