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Friday, September 2, 2011

When Is It Time to Donate Your Timeshare


A timeshare is usually not a good investment. It's a lot like an automobile or electronic product in that respect because you want to use it. Over time, wear and tear depreciates the value of the timeshare, so those who are considering it as an investment may want to go with a safer bet. If you are using your timeshare and enjoy it, that's great. It is then an investment in your overall enjoyment. However, if your timeshare is not making you happy and causing you more stress than needed, perhaps it's time to consider donating it. Selling it will only lead to more stress and little return as most real estate agents are already boggled down with others rushing to sell theirs as well. 

If a timeshare is an investment in happiness, and it's not yielding that return, it's time to get rid of it. A timeshare can cause a burden of debt. It costs money to own a timeshare. Maintenance fees each year can range from a few hundred dollars to a few thousand. Therefore, if you're not there to use it, you're wasting your money. Why wouldn't you use it? Perhaps, you bought the timeshare at a different point of life. Now you've moved on, and you don't need it as much. Maybe you bought the timeshare for your family to spend time together, and now everyone is grown up. There are a million reasons, but no matter what, the maintenance fees will come each year despite the change. Also, you may have to pay for those grown up kids to go to college now or have other financial obligations that make maintenance fees a huge worry for some. If any of these things are happening in your life, perhaps it's time to donate your timeshare.

Visit http://donatetimeshares.com/index.html for information on how we can help you find timeshare relief.

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