Buying And Donating Timeshares

Thousands of people are trying to sell your time share. And they are all doing the same thing. They are paying through the nose for that time share. They are paying the taxes on it. They are paying the maintenance on it. They are asked to pay hundreds of dollars to someone who says they can sell your time share. What do they do to you? They lie. They tell you the time share is worth so much money. Why? So they can pick your pockets again next year for hundreds of dollars. And the year after that. The listing agent knows your time share will not sell, buyers can buy three or four time shares for the price of yours. But the listing agent has your money in their pocket.

Finally, when you get tired of the run-around you discover you have paid in the past year alone over half the real value of the time share. This is not smart investing. And you have not enjoyed the use of your unit because you believed it would sell. You paid all this money for nothing.  Yes, there are always people buying timeshares but unfortunately with the current economy the market seems to be flooded so let’s look at an alternative.

Donate Your Timeshare

Why not donate the time share to any non-profit corporation? Sell my timeshare news listed donating your timeshare as one of the top tax deductions over the last several years.  You get a write-off of the full value. You can feel good about it.  How do you do this? It is easy. First find a company that accepts donations. Look on the internet. The many search engines will bring up many companies that can help. Then email or call them. Tell them what you want to do. Ask if they do this. If they do not, they may be able to recommend someone.

Once you reach the right company, give them the information about your time share. The company will need to check it out, to see if the market value is high enough to fit their requirements. The company will also check to see if the unit can be sold. Sometimes there are liens against the units that the owners will not pay off. After only a day or two, the company says yes. Then you sign the paperwork, send the deed, and wait a couple of weeks for the time share to sell. Once it is sold, you get a tax deduction, the non-profit organization gets money, and everyone is happy.

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