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Time-Shares/timeshare exit strategy

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Expert: Andreas Rossler - 10/5/2007


Question
I still owe about $3000 on a timeshare I have no intention of keeping.  It's in Hilton Head.  If I pay it off, does it have ANY value?

If I do pay it off, what's the best way to get out completely...save of future fees and recoup something!!

I read one response about donating it.  Didn't know you could donate it???  Value??

Answer
Depending on what you own (name of timeshare), we might be able to help you sell or donate.  Definitely a good idea to pay it off first.

The best way to recoup something is to obviously sell it.  But unless we know the timeshare, we can't talk value.  Your question is the equivalent of:  "I own a car in Hilton Head and would like to sell, what is it worth?"  Some timeshares in Hilton Head are worth thousands - others you can't give away.

As for donate, we sell it sell it and the sales amount is what you can deduct as a donation.  If you like, you may contact us directly:  sales@timesharevillage.com

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Andreas Rossler

Expertise

I'm able to answer general questions on timeshares and specifically in regard to purchasing, renting or exchanging timeshares on the secondary or resale market and through the Internet. I have expert knowledge in sales, mechanics (how and why timeshares work), and timeshare exchanges. I am also well versed in timeshare financing and may be able to guide you to better financing or refinancing options for your timeshare purchase. If you ask questions of a legal nature, or those requiring tax advice - I may not be able to answer fully.

Experience

I have 10 years of industry experience in sales, management and processing. I'm currently CEO of Timeshare Village, a resource for timeshare owners and industry professionals.

Organizations
Mensa - Life Member

Publications
I have been interviewed by Channel 7 News in the Bay Area of California regarding my opinions on Worldmark, the Club timeshares as developed by Trendwest-Wyndham Resorts.

Education/Credentials
MBA - Master's in Business Administration BS - Mathematics BA - Economics California Real Estate Broker

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