Original Message:
Re: Be careful about taking advice from the Timeshare Users Group (TUG) (by Wayne C.):
I have to agree with the above comment. Do not give up money unless the resort wants to buy it back. Also, depends on how much because you can actually do it for free.
I have worked in the timeshare business for 15 years as a sales and marketing representative in the U.S., Mexico, and Caribbean Islands and Canada.
If the resort is selling well, they should take it back for free. Why? If they can make another $20,000 on that same timeshare, why wouldn't they? If it is deeded, they need permission (free title) to resell it - even if they have to foreclose. They are not going to chase you for a maintenance fee.
Also, why do you want to get rid of it? Please share.
I share this in my upcoming book, Everything About Timeshare, Before, During and After the Sale.
For more info, visit my website...redweektimesharebook.com Separate from the Redweek organization.
Best of luck!