DavidQ
01-14-2007, 06:26 AM
Hey everyone, I thought I'd sign up on here to ask this question since I'm in a bit of a desperate situation and I thought I'd ask some professionals. Anyway, I bought into a timeshare for vacation purposes not as an investment but the thing is I hate the vacations so much (boring and repetitive and bad facilities) that I want to get rid of it but I can't seem to sell the thing. Listing costs $ and has gotten me nowhere and I tried ebay but nobody ever bids on it and even if I donate it I'm still stuck paying the fees that I'm trying to get rid of in the first place. I'm resigned to losing $ on this investment but I don't want it to be a total loss and still every month I'm paying maintenance fees and local taxes and it's all just like a bad dream.
So I ask you now, real estate professionals, what I should do to avoid taking a 100% loss. Any and all ideas are welcome.
Thanks
So I ask you now, real estate professionals, what I should do to avoid taking a 100% loss. Any and all ideas are welcome.
Thanks