Interested in Donating Your Timeshare? Learn About the Benefits!

Have timeshare that you can no longer afford to maintain? Is it proving to be more trouble than it’s worth? Why not donate it? There are some great organizations that will assist you if you want to donate your timeshare. If you have been unable to sell your timeshare, the charitable organization will do so for you. The proceeds of the sale will go to a good cause.

How can a charity successfully make a sale when you cannot? The resale market is rather difficult, and it can be hard to sell something when you don’t have the right connections. These charitable organizations do have the right connections with various real estate firms. They have established relationships with different timeshare companies around the world. As long as the title is good, your property can be sold within twelve weeks.

Now, despite what you may have heard, you probably won’t receive a huge tax benefit for donating your timeshare to charity. While you might be able to receive some money, it will probably be less than the amount you would receive if you sold the property yourself. On the flip side, if you were to sell it yourself, you would probably have to spend a lot of money in fees and advertisements anyway.

There are many benefits of donating timeshare:

• You won’t have to worry about any upfront costs. As long as you choose a charity that doesn’t charge any fees, you won’t have to spend a lot of money.


• The process is very quick. You can get rid of that timeshare once and for all, and it will only take eight to twelve weeks.


• There aren’t any hassles involved. The charitable organization will take care of everything for you, including the transfer process.


• You can use the donation as a tax write-off. Once again, this probably won’t result in a lot of money for you, but you will at least get something. Any amount isn’t bad considering the charity does all of the hard work for you.


• You will be helping somebody in need. Some organizations will even let you choose where the proceeds go!


• You’ll save a lot of money in the long run, since you won’t have to pay any yearly fees or maintenance expenses.

Obviously, donating timeshare to charity is a wonderful opportunity. Both you and the recipient of the proceeds will benefit! However, your timeshare must be free and clear of any fees and outstanding mortgage. All of the fees need to be up to date before you can donate.