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Charities Reject Timeshare Donations

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					                      Charities Reject Timeshare Donations
No. Really? What a surprise! Actually a few charities do accept timeshare donations, but not
the way you think. Those that do, don’t actually take title from you. You continue to hold title
while donating your timeshare and pay all the bills until their broker finds a buyer.

Because time is money, they won’t even try unless they know it will sell it fast. Here’s a current
direct quote from one large timeshare donation site.
        “All properties offered for donation will undergo a four week market analysis whereby the
value of the property will be estimated. No property will be accepted for donation if the market
analysis concludes that the property can not be sold for a profit within a three week period.”

Donating non-cash items to a charity doesn’t work like cash. Cash lets you write off the
cash amount and lets them spend the cash as they need. Donating a timeshare, a non-cash
item, takes an extra step. It has no value initially. If they can convert it into cash the IRS says
that what they receive is the actual value of the donation. So your $17,000 timeshare that they
sell for $200 is only worth that. They keep the cash and that’s your receipt.

The resort doesn’t care who’s on the hook. They send the bills to everyone and send
nonpayers to collections and threaten to ruin credit ratings. If a charity uses credit they won’t
want to risk this.

Community Health Training, Inc. is a charity that doesn’t use credit and doesn’t care what the
resort does. They smile and ignore the empty threats. Is that legal? Definitely, YES. It’s just a
financial decision to make. You could do it yourself if you were willing to risk your credit.
Actually, after 3 years they offer the donated timeshare back to the resort.

Is your’s on the reject list? During the height of the real estate boom, there used to be a
charity that did list the specific resorts they knew they couldn’t sell. The vast majority of them are
really nice, just not the few that actually do get resold today.

Alpine Bay
American Village
Beach Palace
Beacons Of Minocqua
Beaver Forest Villas
Blue Beards Castle
Blue Ridge Village
Blue Whale
Bryan's Spanish Cove
Buganvilias Resort Vacation Club
Canada House Beach Club
Celebrity
Celebrity Resorts
Celebrity Steamboat Springs
Christmas Mountain
Club At Cape Cod
Club Lakeridge
Club Land'Or
Club Velas Vallarta
Coconut Bay Resort
Continental Emporio Acapulco
Costo De Oro
Crystal Beach Club
Deer Run Village
Desert Isle
Dover House
El Moro Tower El Cid
Enchanted Isle Resort
Erie Islands Resort & Marina
Fairfield Bay
Fairways Of Palm Aire
Flagship Resort
Florida Vacation Villas
Four Sails
Fox Run Townhouse
Ft. Brown Condo Shares
Grand Destinations Vacation Club
Grand Lakes Resort
Grand Seas Resort
Great Escapes
Havasu Dunes
High Point World Resort
Holiday Club
Hot Springs Village
Hotel On The Cay
Indian Palms Vacation Club
Indian Wells Condoshare
Inn At Silver Lakes
Island Park Village Resort
Krystal Vacation Club
Lake Okanagan Resort
Landing At Seven Coves
Lifetime Of Vacations At Grand Lakes Resort
Lodge At Kingsbury Crossing
Long Wharf Resort
Loreley II
Magen's Point Resort
Magic Tree
Marina Bay
Marina De Oro
Maverick
Melis Vacation Club Cozumel
Mountainside At Stowe
Newport Bay Club
Oak Plantation
Oasis - Peppermill Palms
Ocean Reef Resort
Orbit One
Orlando International Resort
Ozark Mountain Resort
Palm Springs Tennis Club
Park Plaza Nevada
Park Regency
Pelican Resort Club
Peppertree At Tamarack
Peppertree By The Sea
Pier 7
Plaza Resort Club
Pueblo Bonito Mazatlan
Reno Spa Resort
Ridge Sierra
Riptide Beach Club
Riverbend Resort
Riverside Suites
Round House Resort
Royal Dunes
Royal Sunset
Sand Castle Village
Sand Vacation Resorts
Sea Gardens Beach & Tennis Resort
Sea Mist
Sheraton Buganvilias Resort
Silverleaf Resorts
Silverwood’s At Treasure Lake
Skier’s Lodge
Smoketree Lodge
Snow Canyon Lodge
Snow Lake Lodge
Southscape Resort & Club
Stoneridge Resort
Sunbay Beach Club
Sunrise Cove At Village West
Sunrise Ridge Resort
Surrey At Branson
Tanglewood Resort
Telemark Resort & Convention Center
The Bay
The Pines Alpine Bay
The Plaza Resort & Spa Palm Springs
Thousand Trails
Traders Inn Beach Club
Tropic Sun Towers
Twin Rivers Condominiums
Vail Run
Ventura At Boca Raton
Village At Winnipesuakee
Vista Mirage
Willow Valley Resort
Woodbourne Resorts
World International Vacation Clubs
Yachtsman
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Dr. Ken Rich is a on the board of Community Health Training, Inc., a non-profit organization (NPO)
that accepts timeshare title as a direct donation instead of reselling it. Details on the process can be
found at http://www.communityhealthtraining.org/Timeshares/ .
He can be contacted at SeniorDirector@CommunityHealthTraining.org .

				
DOCUMENT INFO
Description: How to Get rid of a timeshare is many owners primary concern. They can't sell them, give them away and even find most charities won't accept them as donations. Here are several ideas on how to use, sell, rent or get rid of your timeshare.