Agent

The wrong way to sell a time share

Broker may leave you, heirs on hook for fees
Published on Jul 6, 2011

Watch Connect NYC 2017 Live
Tune in live as the best and brightest explain how to execute and grow your business from the main stage of Connect.

DEAR BENNY: I recently read your suggestions on how to get rid of a time share. You suggested attempting to give your time share back to the company with a "deed in lieu," but said that it probably won't work. You are right. It did not work. However, I found a broker who was willing to take the time share off my hands for $3,000. Is this the only other way to rid oneself of this burden? By paying money to give something away?

Also, is it true that this time share will follow my heirs and demand the maintenance fees on them after my death?

Have you any other suggestions of how to solve this problem? --Claire

DEAR CLAIRE: I receive a large number of email questions asking how to get rid of a time share. Unfortunately,

Comments