Joel Smiler's timeshare exit was not typical. But it worked. He owned a week at a resort in Cancún with a stunning view of the Gulf of Mexico. But one day, the property doubled its maintenance fees.
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As maintenance fees skyrocket, owners find their investment is nearly impossible to sell or even give away. Here’s how to exit your timeshare without spending a fortune. ByChristopher Elliott, Senior ...
Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Doretha Clemons, Ph.D., MBA, PMP, has been a ...
Timeshares initially sound very appealing. You get to visit a dream location every year, enjoy resort amenities and pay only annual maintenance fees (once the initial cost is paid off). But the appeal ...
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Receiving an inheritance is usually a good thing, but not if it's an unwanted asset. Timeshares are a type of fractional ownership of vacation properties. When you buy one, you purchase the right to ...
Utah Sen. John Curtis joined personal finance expert Dave Ramsey on his show to discuss regulating the timeshare industry.
Getting into a timeshare is easy. Getting out isn't. Kathie Asaro knows that. She recently decided that her Rancho Mirage, California, timeshare, which she paid off years ago, wasn't worth keeping.
People who buy timeshares often don’t realize that the asset can quickly become a liability. By Jill Terreri Ramos Q: Over many years, I have tried to get rid of, or rent out, or somehow get some ...
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