Giving a timeshare away might seem as easy as finding a recipient, but there can be a lot of fees hiding in that transaction. Whether it’s updating the records or creating a legal transfer, all of these things cost money.... Read the full article
Understand the contract.
It is easy to sign a timeshare contract, but it may be hard to get out of one. Make sure you understand all of the terms. When do you get to use the property? Do you get the same property every time? What... Read the full article
Most timeshare owners are going to take a loss if they sell their timeshare. In addition to the loss the owner will need to navigate the process of a deed transfer. Owners in a higher tax bracket may benefit from donating their timeshare.
Have... Read the full article
Timeshare maintenance fees are used by the resort HOA or developer to pay for the required upkeep to maintain the property in a desirable condition. As with any property, such as your home, it costs money to keep the property maintained... Read the full article