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Re: Better Business Lodging (by Lance C.):

marynnb wrote:

Its not that I am reluctant to put forth time and effort, I'm just not very internet savvy and get tired easy so I cant see myself out there trying to talk to people about my timeshare. Besides that I also don't really understand what I have or the best way to use it. When it was purchased the rep told me that I could rent it out to pay maintenance fees and such but he is yet to even return any of my many calls. I checked with Ebay but even they charge and it requires some work as well and there is no guarantee that anything will get done once I pay them. I also see lots of timeshares there for $1 and I cannot even begin to fathom letting ours go for that low, heck we owe way more than that.

To address a few things in your post. First, as you have probably learned the hard way, never trust what a timeshare sales person tells you about what you purchase. Sales people are notorious for lying and telling half-truths.

Secondly, you do not have to be internet savvy to sell or give away your unit. The fact that you can post on these boards should be enough for you to try selling or giving away your unit. But before you can sell or give it away (this brings us to the third point), you have to have your mortgage paid off and your maintenance fees up-to-date. No one is going to want to take on a timeshare with a mortgage still owing on it.

Once you do pay that off, E-Bay will not be that hard. Besides, the suggestion I made to another poster was to check what similar units are selling for on E-Bay, not to list it on there. Finding out what similar units are selling for can give you a good idea what to list yours for. So if you see similar units selling for a dollar or maybe $100, don't go fantasizing about selling yours for tens of thousands of dollars.

One other important point (probably the most important) is to never, ever pay anyone a large, upfront fee to sell, rent out, market, or "cancel" your timeshare as that is usually, if not always, a scam. You might be receiving offers of things (whether by unexpected telemarketing calls or spam e-mail) like selling your unit or, for someone in your predicament as you have pointed out, magically cancelling your mortgage and your contract. Don't fall for any of these.