Results 1 to 4 of 4

Thread: Frustrating morning

  1. #1
    Vice Admiral Virtuoso Dorsetmike's Avatar
    Join Date
    Dec 2008
    Location
    Poole Dorset UK
    Posts
    4,522
    Post Thanks / Like

    Frustrating morning

    Just spent the morning trying to sell my timeshare (not used it since the wife passed away 5 years ago) fed up paying £450+ in maintenace every year.

    They offered me £12,000, BUT I had to first of all buy into some scheme of theirs for £8,800, and I'd get back £20.880 in 14 months time.

    When I explained to him that at age 79, on a pension and with an interest only mortgage of £700+ per month where did he suggest I get £8,800 from. If the timeshare had been a luxury penthouse apartment in some sought after location then he could buy it cash and make a profit selling in Russia!

    Does anybody know a painless (read cheap) way of getting rid of a timeshare. We paid £13000 for it, haggling starts at £5,000!
    Cheers MIKE.

    How many roads must a man walk down ... ... before he admits he's lost?

  2. #2
    Duckmeister teddy's Avatar
    Join Date
    Apr 2010
    Location
    Kent
    Posts
    8,955
    Post Thanks / Like
    Mike. Yes, I have read something on this and there are ways without being scammed out of extra money. Give me time to dig something out. I will also PM you

    teddy
    Pining for the South of France

  3. #3
    Admiral Honkenwheezenpooferspieler Corno Dolce's Avatar
    Join Date
    Sep 2007
    Location
    Moscow, Russia
    Posts
    10,538
    Post Thanks / Like
    Quote Originally Posted by teddy View Post
    Mike. Yes, I have read something on this and there are ways without being scammed out of extra money. Give me time to dig something out. I will also PM you

    teddy
    Teddles to the rescue............
    *If a man wants God to hear his prayer quickly, then before he prays for anything else, even his own soul, when he stands and stretches out his hands towards God, he must pray with all his heart for his enemies. Through this action God will hear everything that he asks* -Abba Zeno-

    *Protagoras: "Truth is subjective. What is true for you, and what is true for me, is true for me. Your opinion is true by virtue of its being your opinion."

    *Socrates: "My opinion is: Truth is absolute, not opinion, and that you are in absolute error. Since this is my opinion, then according to your philosophy you must grant that it is true."

    "Improvisational Art": http://www.youtube.com/watch?v=qSxVO3EoCRM

  4. #4
    Vice Admiral Virtuoso Dorsetmike's Avatar
    Join Date
    Dec 2008
    Location
    Poole Dorset UK
    Posts
    4,522
    Post Thanks / Like
    Looking around on line it seems the current "going rate" is between £1K and £2K for same as mine, further the estimate is that there are 400 sellers for every buyer! I've found a broker who is recommended by Timeshare consumer association (one of only 3!) he's looking at £1500+ after his commision of £250 so unless someone comes up with a gauranteed figure above that ... ... ... !
    Cheers MIKE.

    How many roads must a man walk down ... ... before he admits he's lost?

Similar Threads

  1. Good Morning Musicland!
    By Chou4555 in forum [New Members] Introduce Yourself
    Replies: 5
    Last Post: Aug-12-2011, 09:29
  2. Despite the Monday morning blues, I'll try and make this cheerful!
    By ArtsWom in forum [New Members] Introduce Yourself
    Replies: 2
    Last Post: Mar-26-2007, 19:29
  3. Good morning from an autumnal Sydney
    By Adriana in forum [New Members] Introduce Yourself
    Replies: 9
    Last Post: Mar-15-2007, 07:03
  4. Good morning from the US
    By CMB in forum [New Members] Introduce Yourself
    Replies: 6
    Last Post: Jan-31-2007, 15:39

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •