Getting rid of your timeshare

traudem wrote:

Ray How long have you worked for CHT???[I have read over CHT website and followed the enormous amount of energy jayjay has spent trying to diminish CHT claims. Sure I’m skeptical of these claims and had hoped to find folks that have tried CHT with success. I’m also one that wants to unload my deeded fixed week 3BR lock off unit with Westgate Lakes. However, post after post it seems that rather than help the reader by commenting on things that are helpful, I read jayjay’s posts pointing out things that don’t match the process listed by CHT and his website. It would be far more helpful to stick to the facts stated and rebuttal only those so that folks can make better decisions. I could care less about the tax write-off… Here is what I have read and what I’m looking for “constructive” feedback The closing companies CHT lists are indeed rated A with BBB.org. If the money is not handed over until the deed is transferred than how is one “out the money”? If the deed is not transferred then the money is returned. One can use their own closing company if desired. I keep reading repeated posts from jayjay that you would be out the money but have missed how if no money is given up front. If closing company does not transfer then money until the deed is transferred then am I not protected? I also keep reading that CHT holds onto the property for 36 months allowing the property to default. If at closing time (36 months prior) I am legally released from the deed, then why would I care? So long as I’m released from the deed. I have read not one person state that they have tried CHT and have been taken. I’ve not found one mention on the web that CHT has scammed them. What would be helpful is if someone could point to any article that one has been scammed. Until then, I simply feel jayjay is being opinionated with no evidence. Having said this it would be even more helpful if I could find ANY positive referenced that someone has used CHT with success and can back his claims that the deed was indeed recorded out of his name before the next tax bill came. I would have no problems using CHT if this were made available. I’m watching garym480 closely and if he’s successful I plan to see if he’ll allow me to call him directly with some suggestions that would prove his claim. Mainly to eliminate if he’s indeed not just a DRk14's alias. (no offence garym480, I’m just being skeptical but truly appreciate your offing positive feedback as this is hard to come by) If garym480’s successful, I too will start the process and list my feedback here… good or bad. Ray[/Q]

You have to be skeptical with anything having to do with timeshares, including any advice you get on Redweek or TUGs and especially any you get from jayjay. Thats why I applied a Bayesian method to find what was the best avenue for me. It worked and Im free of the TS and annual fees. First Id like to dispel the notion that I and Dr Rich are one in the same. To date only Marty with Redweek and Dr Rich himself are sure of that. Id be happy for you to call me though I wont put my # here, but if you want to write me at gmac5211@yahoo.com, we can communicate and no doubt talk in person, and Ill prove that fact. I work for a company that probably supplied the brain to the PC your using and have 'looked into' CHT exhaustively, in a way that most people could not. You wont find any negative experience on the web about CHT because there isnt any. Though his website is controversial, it is what it is, and making it out to something that it isnt, as jayjay is adept at doing, only clouds the playing field.

Ray wrote - ("I also keep reading that CHT holds onto the property for 36 months allowing the property to default. If at closing time (36 months prior) I am legally released from the deed, then why would I care?" ).

Resorts are catching on to CHT charity and LLC bogus type scams .... many resorts are now forcing sellers to name the actual person(s) in the transfer papers as proof that they are legit transfers .... in other words they are refusing transfers from bogus charities like CHT and LLCs.

I knew your day would come to CHT and others like you. I sincerely hope that resorts follow the paper trail in forcing these scam transfers to be illegal and to revert ownership back to the original owner that did business with scum like CHT.

At least postcard companies try to find a buyer via Ebay when all CHT and LLC scammers do is hold the title for 36 months and let the week go into foreclosur forcing other owners to take up the slack with higher and higher yearly maintenance fee.

garym483 wrote:

You have to be skeptical with anything having to do with timeshares, including any advice you get on Redweek or TUGs and especially any you get from jayjay. Thats why I applied a Bayesian method to find what was the best avenue for me. It worked and Im free of the TS and annual fees. First Id like to dispel the notion that I and Dr Rich are one in the same. To date only Marty with Redweek and Dr Rich himself are sure of that. Id be happy for you to call me though I wont put my # here, but if you want to write me at gmac5211@yahoo.com, we can communicate and no doubt talk in person, and Ill prove that fact. I work for a company that probably supplied the brain to the PC your using and have 'looked into' CHT exhaustively, in a way that most people could not. You wont find any negative experience on the web about CHT because there isnt any. Though his website is controversial, it is what it is, and making it out to something that it isnt, as jayjay is adept at doing, only clouds the playing field.

I couldn't give a rat's patootie if you and Dr. Rich are the same person or not even though you go above and beyond praising his scam .... all I know is that CHT is NOT listed as a charity .... it's more than likely a bogus LLC .... read my post above ... it's all coming to an end.

http://seriousgivers.org/find-a-charity/

CHT is NOT listed above and I hope the IRS comes after them bigtime.

Quote:

You have to be skeptical with anything having to do with timeshares, including any advice you get on Redweek or TUGs and especially any you get from jayjay. Thats why I applied a Bayesian method to find what was the best avenue for me. It worked and Im free of the TS and annual fees. First Id like to dispel the notion that I and Dr Rich are one in the same. To date only Marty with Redweek and Dr Rich himself are sure of that. Id be happy for you to call me though I wont put my # here, but if you want to write me at gmac5211@yahoo.com, we can communicate and no doubt talk in person, and Ill prove that fact. I work for a company that probably supplied the brain to the PC your using and have 'looked into' CHT exhaustively, in a way that most people could not. You wont find any negative experience on the web about CHT because there isnt any. Though his website is controversial, it is what it is, and making it out to something that it isnt, as jayjay is adept at doing, only clouds the playing field.

Gary,

I would like to respond to your above statement that Marty at RedWeek can dispel the notion that you and Dr. Rich are not the same person.

I am the executive producer for RedWeek.com and can assure you that neither Marty, nor any member of the RedWeek.com staff, can or will verify the identity of any RedWeek user.

I kindly request that you refrain from making such statements in the future.

Regards, Alisa Stephens Executive Producer RedWeek.com

I have read lots of warnings about what NOT to do about giving up a timeshare. I am ready to give it away. Can anyone tell me a legitimate charity that WILL take this? Or a realtor who will help me dispose of it?

Alisa My apologies if I exceded something I shouldnt have. Its only because Marty and I exchanged some emails where he also coached me on what can be said in Redweek that I said that, but I wont refer to it again. I was trying to dispel jayjays misinformation about my association is all. Thanks Gary,

I would like to respond to your above statement that Marty at RedWeek can dispel the notion that you and Dr. Rich are not the same person.

I am the executive producer for RedWeek.com and can assure you that neither Marty, nor any member of the RedWeek.com staff, can or will verify the identity of any RedWeek user.

I kindly request that you refrain from making such statements in the future.

Regards, Alisa Stephens Executive Producer RedWeek.com

I agree totally with Jayjay. These viking ship companies are scam operations. They have people pay thousands of dollars to have them take title and then go into default on the maintenance payments if they do in fact take over the title as promised. If they do not transfer title out of the owners name the owner is now not only out the money that they paid the scammers but they are now in default with the HOA and will be sued for the money. The best way to deal with these companies is not to get involved with them. Deal only with licensed realators.

pollys15 wrote:

I have read lots of warnings about what NOT to do about giving up a timeshare. I am ready to give it away. Can anyone tell me a legitimate charity that WILL take this? Or a realtor who will help me dispose of it?

You can list your timeshare to give it away in Redweek's Bargain Basement here:

http://www.redweek.com/featured/bargain-timeshare-resales

jayjay wrote:

http://seriousgivers.org/find-a-charity/

CHT is NOT listed above and I hope the IRS comes after them bigtime.

Oh Maven of Misinformation, when I researched a charity to donate to, I used the only website that mattered, since they are the ones I send my tax forms too. That would be the IRS.gov which clearly lists them as "eligible to receive tax-donation contributions".(those are quotes by the way). Before you jump to another conclusion, I did not use them, but got rid of my TS in a more convienient and much less expensive manner.

Even if a charity is approved to accept donations and allow the donor to take the deduction it is only for the " true market value " of the item donated. Since most timeshares have little or no value the deduction is only minimal at most.

Thats true. And as it been most oft repeated, most people dont care about the writeoff, they would give it away for nothing in a heartbeat. Then you get into the do loop about stiffing the association with the MFs. Thats an 'ends justifies the means' arguement left to ones own conscience, not for others to judge. Maybe itll be a moot point anyway as there a debate in congress right now about reducing deductions from charitable gifts. No telling where thatll end up.

I have a timeshare at Villas at Fortune Place, Kissimee, FL. I don't owe anything but would like to unload it. Do I understand that we can sign a quit claim deed, and after you take ownership we pay you $500.00? And, could we get this done before 01/01/13, which is when the next maintenance fee is due? Thanks.

garym483 wrote:

jayjay wrote:

http://seriousgivers.org/find-a-charity/

CHT is NOT listed above and I hope the IRS comes after them bigtime.

Oh Maven of Misinformation, when I researched a charity to donate to, I used the only website that mattered, since they are the ones I send my tax forms too. That would be the IRS.gov which clearly lists them as "eligible to receive tax-donation contributions".(those are quotes by the way). Before you jump to another conclusion, I did not use them, but got rid of my TS in a more convienient and much less expensive manner.

Then why do you go above and beyond praising/defending them = you're a shill, period.

garym483 wrote:

Thats true. And as it been most oft repeated, most people dont care about the writeoff, they would give it away for nothing in a heartbeat. Then you get into the do loop about stiffing the association with the MFs. Thats an 'ends justifies the means' arguement left to ones own conscience, not for others to judge. Maybe itll be a moot point anyway as there a debate in congress right now about reducing deductions from charitable gifts. No telling where thatll end up.

Another lie stated on their webpage is that one can write $5000 off their income taxes without a timeshare appraisal .... do you think the IRS is so stupid that any timeshare donated would be appraised at $5000 when most can't even be given away = zero value.

Lies, lies, lies and more lies !!! Just another scam to separate you from your money.

BTW, any organization that says they'll take your timeshare then let it go into foreclosure after 3 years is NOT someone I would do business with .... I question your lack of integrity .... .... it's a scam, period.

Many of these type scammers never bother to transfer ownership out of the owner's name leaving them still responsible for all future fees related to the timeshare.

glenne43 wrote:

I have a timeshare at Villas at Fortune Place, Kissimee, FL. I don't owe anything but would like to unload it. Do I understand that we can sign a quit claim deed, and after you take ownership we pay you $500.00? And, could we get this done before 01/01/13, which is when the next maintenance fee is due? Thanks.

Instead of going this route, have you thought about listing it here in RedWeek's Bargain Basement section and offering to pay closing costs as well as next year's maintenance fees? You can also go to Timeshare Users Group (aka "TUG"; tugbbs.com) to the Bargain Deals section and advertise that you want to give your timeshare away. Just follow the instructions at the top of that page.

You can also try listing sites such as E-bay, Craigslist, Bidshares, or My Resort Network.

Doing this will make sure that your timeshare actually transfers to another owner who will pay the maintenance fees.

jayjay wrote:

Another lie stated on their webpage is that one can write $5000 off their income taxes without a timeshare appraisal .... do you think the IRS is so stupid that any timeshare donated would be appraised at $5000 when most can't even be given away = zero value.

Lies, lies, lies and more lies !!! Just another scam to separate you from your money.

BTW, any organization that says they'll take your timeshare then let it go into foreclosure after 3 years is NOT someone I would do business with .... I question your lack of integrity .... .... it's a scam, period.

Many of these type scammers never bother to transfer ownership out of the owner's name leaving them still responsible for all future fees related to the timeshare.

Well any charity can claim the same $5000 limit as its written in the tax code, not a lie. What you fail to point out is this. Buying a TS , as some would admit, is something only an idiot would do(like me), even someone with a lot of dinero(not like me). But the longer you own it, the smarter you get. So If someone where to try an take a $5k deduction on a TS, they deserve what they get and havent learned anything. But the title of this thread is "Getting rid of your timeshare". Not Getting rid of your timeshare and recooping the original cost". Please, try and stay focused.

garym483 wrote:

jayjay wrote:

Another lie stated on their webpage is that one can write $5000 off their income taxes without a timeshare appraisal .... do you think the IRS is so stupid that any timeshare donated would be appraised at $5000 when most can't even be given away = zero value.

Lies, lies, lies and more lies !!! Just another scam to separate you from your money.

BTW, any organization that says they'll take your timeshare then let it go into foreclosure after 3 years is NOT someone I would do business with .... I question your lack of integrity .... .... it's a scam, period.

Many of these type scammers never bother to transfer ownership out of the owner's name leaving them still responsible for all future fees related to the timeshare.

Well any charity can claim the same $5000 limit as its written in the tax code, not a lie. What you fail to point out is this. Buying a TS , as some would admit, is something only an idiot would do(like me), even someone with a lot of dinero(not like me). But the longer you own it, the smarter you get. So If someone where to try an take a $5k deduction on a TS, they deserve what they get and havent learned anything. But the title of this thread is "Getting rid of your timeshare". Not Getting rid of your timeshare and recooping the original cost". Please, try and stay focused.

Since you say you never did business with CHT then what is the reason for your unrelenting defending of it.

It would seem to me that you have far more to do with CHT than you admit .... figures.

Since you say you never did business with CHT then what is the reason for your unrelenting defending of it.

It would seem to me that you have far more to do with CHT than you admit .... figures.

If youd bothered to read my posts and actually comprehending what was said, you wouldn’t be asking this. I could ask you the same question about your unrelenting defense of a failed TS industry model. But I wont, as I already know. CHT to me was an opportunity to learn what my best options were for getting rid of my TS. Along with DFAC, Redweek, TUGs and several other ‘relief’ companies. I did my homework and was able to get rid of mine for the grand sum of $85. CHT highlighted some truths that are important to understand and if I did do a ‘donation’( the misnomer it is), I probably would have used CHT. I engaged you due to all the untruths you’ve been repeating. The problem with your repetitive suggestion to put a TS on the Redweek boards was it only dealt with the POSSIBILITY of selling or giving it away, which on the surface is pretty high. Who wouldnt want something thats ‘so valuable’, for free? But it avoids the question of the PROBIBILITY of it moving out of the owners hands, which is pretty low to nonexistent. Thats what in essence, Ive been discussing (if youd been paying attention). Before you recommend that again, consider that you only paying lip service to someone that really needs help, but the best your offering is something that PROBABLY wont happen. You obviously have a vast knowledge of the industry (as Im sure you a part of it), maybe you could use it to actually engage someone with some real insight that provides a solution. Which up to now, you’ve been no part of.

garym483 wrote:

CHT to me was an opportunity to learn what my best options were for getting rid of my TS. Along with DFAC, Redweek, TUGs and several other ‘relief’ companies.

Since when did Redweek and Tug become relief companies? Redweek is a marketplace for buying, selling and renting timeshares .... nothing more, nothing less. Tug's marketplace is the same .... they are in no way related to DFAC and other supposed charities and LLCs that you refer to as relief companies.

And, therein lies the problem .... you know absolutely nothing about the timeshare industry's marketplaces of buying, selling and renting .... I wouldn't be spouting off info you know nothing about .... shows your non-education of the subject matter.

Relief companies are those that take hundreds to thousands of dollars from owners wishing to get rid of their timeshare(s) sometimes transferring ownership to a bogus charity or a LLC and letting the timeshare go into foreclosure, but many times they don't bother to transfer ownership leaving the original owner intact.