About Property Donation Group
It really is an all-too common scenerio for many timeshare resort owners. They've grown tired of their timeshare or had too much trouble exchanging it. Or, they've suddenly realized that they're never going to use their timeshare again. Yet, they will continue paying their annual maintenance fees, assessments and taxes on it every year until they eventually decide to take some real action.
If you're one of these described timeshare owners, you could try to sell your timeshare hoping to get a little return on your investment, only no buyers ever materialize. After shelling out anywhere from $500 to $3000 to list your timeshare through listing companies, you start to realize that the intention of making money off your timeshare is no longer a viable option.
Many timeshare resale advertising companies will promise you a lot more than they deliver. So, like most timeshare owners, you develop the genious idea of donating your timeshare.
Property Donation Group (PDG) helps charitable organizations find new sources of donation revenue. We help unhappy timeshare owners relinquish all future financial responsibility.
These charities receive cash proceeds from (PDG) on the timeshare owners behalf and the donors are freed from the obligation to pay timeshare owner's maintenance fees and taxes forever. We are not a charity or non-profit organization. We are a socially conscious business enterprise intent on helping charities create and sustain new sources of donation revenue.
Most charities aren't equipped to handle title deed transfers, closing costs and legal work. Those looking to donate their timeshare to charity or non-profit will most likely find themselves out of luck. Many charities, once they learn the property in question is a timeshare, will decline the offer. Foundations run on a tight budget, so they can't afford to add any potential liabilities to their list of expenses.
This, coupled with the fact that timeshares can only be used during certain weeks, make the purchase less practical for charities with small bank accounts. Larger charities will often decline properties for reasons other than money. Simply put, they have access to a variety of real estate properties, with the added bonus of having more control of the usage of said property. Another issue facing potential donations is the location of the timeshare.
There are many timeshares on the market in popular locations, and there are also many discounts available to foundations in popular cities, where they will usually receive tax breaks for hosting events if they team up with other charities and non-profits. A timeshare property is an added, non-tax deductable expense that the foundation will have to take on. The weight of a timeshare property provides little incentive for the average charity organization.
Most importantly, they really don't have any more luck re-selling timeshares than any other timeshare owner. Without real knowledge of the timeshare industry, charities are unable to re-sell donated timeshares. When they fail to sell them, the charity itself is responsible for all fees, taxes etc. This is why most charities that are accepting timeshares charge a fee to take the timeshares over. They are not actually using the timeshares themselves but are trying to liquidate them for a profit on a bid basis market. You can find many of these timeshares for sale on eBay for $1.
This is where our extensive background in timeshare sales, management, marketing, liquidations, closings and transfers is greatly appreciated by our partners. We have the know how and ability to grant you Timeshare Freedom! Let us help you get the necessary timeshare donation information today!
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