How can I get rid of my timeshare without spending a lot of money?

Question

We purchased our timeshare 2 years ago, and it just doesn't fit our lifestyle.

Answer 1

search the web, look for a reseller that does not demand an up front listing fee and if you get close to 50% of what you paid for it, take it.

Answer 2

We have the same problem. We own a timeshare up by the California/Nevada ski resorts. It's nice to have but every year the maintenance fee goes up. Right now it's at $450.00. Pretty soon it'll cost more to own it than to just stay there and pay what the general public pays. I did read in the timeshare's bylaws that if I didn't pay the maintenance fee there would be what they call a "nonjudicial foreclosure." In other words, no court gets involved, they just sell it to offset the delinquent fees and their costs. I suppose what's left goes to you, but chances are we'll get zip. Right now that's preferable than to fork over another $450.00. Lesson learned: If we ever get approached by another smarmy salesman offering $50.00 if we attend a short half hour sales presentation on buying a timeshare, we will tell him to stick it where the sun don't shine.

Answer 3

my dear friend, we have a saying and this is:
"the first loss is the least loss" witch means that if you have spent more that you can, chances are you will spend more next year!.so if you want to stop it, give it up, because you will get 10 cents on the dollar if you are lucky!! you don't get rid of it, simply you stop paying!

Answer 4

Call the place up pretending to be a buyer....when they quote you the sale price......tell them that you will double their commission if they sell your condo for way less than the ones their quoting.

be polite and be generous w/ the commission....they'll sell it for you.

Answer 5

Advertise the newspapers, online advertising places such as yahoo real estate.

www.forsalebyowner.com also has some great tips.