When you buy a timeshare you’re buying an interest in a vacation property. To buy a timeshare you usually have to pay a down payment and then monthly payments. As an owner of a timeshare you usually have a right to stay at a participating property for several weeks throughout a year. But be aware, it’s difficult to sell a timeshare. Some people give timeshares to charity. Learn about timeshares here.
Ilyce Glink on WSB Radio – December 30, 2007
Today on the Ilyce Glink show, Ilyce talked about selling timeshares, and some last-minute things you can do to lower your taxes next April 15th. She also answered questions on new car financing, paying for college, switching careers, and using IRA cash to invest in real estate. Don't forget to check out Ilyce's Forum for radio talk show notes (www.thinkglink.com) and be sure to subscribe to her YouTube channel, www.youtube/expertrealestatetips.
Ilyce Glink on WSB Radio – October 14, 2007
Today on the Ilyce Glink show, Ilyce talked about the new version of "The Game of Life," the classic HASBRO game, which has replaced the use of with credit cards. Since kids as young as 9 play the game, Ilyce wondered if that was a good thing. It's the game she's going to buy for all of her older nieces and nephews this holiday season (as well as buy one for her sons, Alex and Michael to play). Ilyce also answered questions on timeshares, investing, financing and refinancing, and talked to Peg about consolidating her 9 credit cards with a home equity loan. All this and much more on today's Ilyce Glink show.
Timeshares
We had a call this morning on the show about selling a timeshare. You should know a couple of things about timeshares: * Some people like 'em, some p...
The Mickey Mouse Club
I'm in Los Angeles, attending the Society of American Business Editors and Writers (www.sabew.org, SABEW) annual conference. Since we're staying at th...
Timeshare Inheritance: Pay Property Taxes
When you get a timeshare inheritance you're responsible for property taxes and maintenance as if it were real property. Even if you don't want the timeshare, you're responsible for property taxes and maintenance until you can sell the timeshare. To determine what to do with the timeshare you may want to contact a real estate attorney.
Ilyce Glink on WSB Radio – February 18, 2007
This week on the Ilyce Glink Show, Ilyce talked about her trip to Cancun and the lingering effects of the Hurricane. She also talked about the membership in a vacation points club that she was offered, and how she thinks about decisions like vacation clubs and timeshares. Michael called in and asked a question about sellers paying a buyer's closing costs. Tune to find out what Ilyce suggested he do to differentiate his property in a soft real estate market.
Real Estate Minute: Looking To Get Rid Of A Timeshare?
Real Estate Minute with Ilyce Glink Looking To Get Rid Of A Timeshare? Original Air Date: August 23, 2006
Timeshare Forgotten In Divorce
A timeshare investor forgot about a debt owed on a timeshare that she and her ex-husband purchased before their divorce. She does owe the money for the timeshare, and it will start to affect her credit history, if it hasn't already. All consumers should think very carefully before purchasing timeshares, it might turn into a long-term arrangement you will come to regret.
Use Home Equity Loan To Pay Off Timeshare
A timeshare owner is enjoying their property, but not their 17% interest rate. Taking money out of their home equity to pay off the timeshare or getting a personal loan are better solutions. A home equity line of credit or a home equity loan would cost anywhere from 6.5 percent to 9 percent.