how do i get rid of my timeshare they want 250 dollars to cancel it… is there another way to get rid of this stupid waste of money…
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Timeshares are a long term money saving investment not a money making investment. If you have to pay $250 to cancel so be it and YES call it tuition as the other answerer said. The cost of you going to a resort every year or every other year will grow substantially as it has over the past decade. I bought my timeshare for less than 11k a few years back and I already have saved money beyond what we paid by using it to it’s full advantage and will continue to do so over the years to come. Granted, many timeshares are scams but many are not and offer a wide variety of choices and vacations.
You might be able to get rid of your timeshare by donating it.
Go to: http://www.clarkhoward.com & search selling time shares.
Clark Howard is Atlanta’s best consumer advocate.
Maybe. Obviously, I’m sensing buyers remorse. First, why did you let yourself get talked into it? Free gifts? A trip? EZ Finance? Before you take a loss, consider some potential upside and at least hold until the market recovers. Hopefully, you got a distressed price, in a distressed market.
I’m assuming the $250 is to cancel your purchase? If that is the case, take your loss, call it tuition. Consider yourself lucky. Many timeshares are worth less than the paperwork to organize them.
$250 is a good price!! Sell it and take the loss. The other answerers are right. Now you know, next time, go home and sleep on anything before you sign.