My Timeshare Albatross
December 3, 2013 6:33 PM Subscribe
The timeshare market is awful, and due to new financial emergencies, I absolutely cannot afford to pay rising maintenance fees and assessments on a very nice 1 bedroom timeshare I own on Paradise Island in the Bahamas.
Donate for a Cause does not want my timeshare, and I've been listing it on ebay for almost a year now, with the price ranging from $.01 to $99. I've offered to pay the transfer fees. No takers. I've contacted various charities and NOBODY wants this condo.
I've checked into TUG and it appears there are no reputable resellers.
The developer will not buy my property back.
I don't owe any money on the place, it's just the annual fees. There are no fees for the 2 weeks per year when I'm there, but I can't afford the maintenance and assessment any more.
How do I get rid of this thing??? I owe it until 2035 and I can't afford it any more.
And suffice it to say that I've asked and nobody I know and nobody in my family wants this place.
posted by kinetic to Travel & Transportation around Paradise Island, The Bahamas (9 answers total) 5 users marked this as a favorite