Tuesday, March 15, 2011

Timeshare Cancellation Through Donation

Donating a timeshare is a very popular plan of action for most timeshare owners. When someone is looking for a way to cancel a timeshare contract they will usually try to find a way to donate the property. They simply want to get out of paying the regular maintenance fees and random special assessment charges. So they figure that if they donate the timeshare they can free of it and not have to worry.

Most of the time owners will attempt to resell their timeshare. They will look into how they can sell a used timeshare and more often than not they realize that it is not the best way to end their timeshare ownership. They find to their surprise that reselling a timeshare can be nearly impossible. So once they have eliminated the option to sell their timeshare they look towards giving it away for free in an attempt to get rid of paying the fees.

Now when you research into donating a timeshare you will also be surprised to find out difficult that can be as well. It is just about as hard to sell a used timeshare as it is to donate it. There are a few reasons for this but the main one is simply that most of the charities that you might think to donate your timeshare to can't afford to own one. The same way you are finding the financial cost of ownership draining a charitable organization would be unable to pay the regular costs of ownership, not to mention a special assessment charge.

It would simply be a big drain on the charity to have to find a way to put a timeshare to use. Either by actually using it for their own purposes or finding a way to create a profit from renting it out or somehow selling it, the charity would have to be able to do something with it. The charity may have the resources to actually be able to rent it or sell it with some sort of financial gain, however, this situation is very unlikely.

Another big reason why it is nearly impossible to donate a timeshare is that most charities that actually will accept a timeshare donation will probably not accept yours. The few organizations that will accept a timeshare donation really only take in the very luxurious high end quality timeshare units. They are only interested in a timeshare that is probably actually worth something, a unit that they could easily rent out for a profit of some sort after paying for the cost of ownership. The average timeshare owner unfortunately does not have one of these valuable timeshares.

After exhausting the few timeshare removal options most owners become very frustrated and upset with their timeshare situation. They look for ways out, sadly many of these frustrated owners are taken advantage of by scammers who promise them that a buyer is ready and waiting for their timeshare. These owners really just need a secure way to get out of their timeshare contract and financial obligations. Thankfully there are such timeshare relief services available that will get a timeshare owner out of their contractual obligations once and for all. So if you are an owner who needs to escape your timeshare fees it is important to remember that your main focus should simply be to cancel your timeshare contracts.

Kaylene Norris is a timeshare advisor for Transfer America, a company that helps timeshare owners experience the Timeshare Freedom they need. Kaylene provides information about how to cancel a timeshare safely and securely without the hassle and worry of trying to sell. She has made it her personal mission to help timeshare owners get the information they need to make more informed decisions when it comes to buying timeshares, renting timeshares, or selling timeshares. For information about Transfer America, visit http://www.transferamerica.net.

Article Source: http://EzineArticles.com/?expert=Kaylene_Norris

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