Original Message:
Re: Quit Claim Deed and Getting rid of a time share (by R P.):
stanleyf5 wrote:Hi. There are timeshares listed on ebay.com for $1 or less that I would never buy. I might not buy them if the seller gave me money plus the timeshare. Their maintenance fees are excessive for the vacation esperience and price for which I am looking. I don't know if your timeshare falls into that category, but there are many that do fall into that category. It is possible that your timeshare will never sell depending on the particular cost associated with the timeshare week. If your timeshare falls into the category I described, and you want to avoid a bad credit score or bankruptcy, your best bet is to rent for the best price you can get and minimize your losses. Stan.
This is the 'catch 22' of timesharing .... first you pay to purchase your timeshare then you pay to use your timeshare (maintenance fees each year) .... doesn't sound like a good deal, but millions fall for it.