Wednesday, December 07, 2005

Down to your last resort? Donate your time share: Financial News - Yahoo! Finance

Down to your last resort? Donate your time share: Financial News - Yahoo! Finance: "Bankrate.com
Down to your last resort? Donate your time share
Wednesday December 7, 6:00 am ET
Dana Dratch

Stuck with a time share unit you can't use, can't rent, can't exchange -- heck, when you've tried to sell it, it seems like you can't even give it away?

Well you can -- give it away, that is -- and actually that might be your best choice, not your last resort.

ADVERTISEMENT
Many disenchanted time share owners have rid themselves of mounting maintenance fees and taxes by simply walking away -- ceasing to make the payments and prompting foreclosure. But if you're adamant about getting rid of your unit, there's a better way to give it away: Donate it to charity."

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