Time-Share

Jenea needs help with how to pay off and then unload her timeshare.

QUESTION: Jenea wonders how to get rid of a time-share on which she owes $9,000.

ANSWER: The problem with time-shares is that they’re really not worth anything, because nobody buys them except people who are pressured into it. When you get it paid off, you can give it away at donateforacause.org and get a tax deduction. In the meantime, call the place you bought it from and ask if they will sell it for you if you offer a discount and pay them double commission.

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