Sunday, June 25, 2017

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Get a Timeshare Condo for Just $1 Dollar





For more information and special deals related to any of the issues on this page, place your cursor over the double-underlined links. All information supplied by Kontera.com.

David Suder became so fed up with his mother’s timeshare that he offered to give it away. They paid $8,000 for the Orange County, Calif. unit a decade ago, but since there are no willing buyers, and his 81-year-old mother, now a widow, can no longer afford the monthly maintenance fees, Suder says he doesn’t have a choice. The San Diego-based real estate investor is offering the unit for $1 or free in the hopes that someone will take it before his mother dies. “I don’t want to inherit it,” he says. “I want it to go away.” While real estate – and even vacation real estate – is starting to show signs of recovery, timeshares remain in freefall. During the first quarter, the number of for-sale-by-owner postings doubled compared to the same period a year ago on RedWeek.com, a popular resale site. Another site, SellMyTimeshareNow.com, says owner sales are up 20% during that period.

 

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