From: "John A. Weeks III" 
Newsgroups: misc.invest.real-estate
Subject: Re: have to sell timeshare
Date: Thu, 27 Jan 2005 17:15:35 -0600

In article ,
 "pacer"  wrote:

> does anyone want to buy timeshare (home location in orlando) from me?  want
> to get rid of it desparately......name your price.   unit is a floating
> week, this year's week not used yet, neither was last years.  i have a 2
> bedroom exec suite and used to exchange anywhere in the world.

There are (3) ways that I know of to ditch a used timeshare.

1) E-bay

2) Let it go into foreclosure

3) Pay to list it in the ERA guide (where only a tiny fraction sell)

If the development is still selling new timeshares, you might
be able to get the sales manager to sell it for you if you offer
to give then 3 times their normal going rate of commission (ie,
a big enough bribe for them to break the rules and sell your
unit to someone who comes in looking for a new one).

In general, you will be lucky to get 5% of the new sales price.
For example, a $25K new unit has a resale value of $1000 to
$1500, assuming you can find the person who wants it.  Even
when banks sell the foreclosures, they have to bribe the buyers
with a few years of pre-paid maintenance.

If you just want someone to take it over so you don't have to
pay the annual fee, let me know, and send me a link to view
the property.

-john-

-- 
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John A. Weeks III           952-432-2708            john@johnweeks.com
Newave Communications                         http://www.johnweeks.com
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