Thursday, November 18, 2010

Cabo Timeshare

A few days ago I received an interesting offer. Would I like to have for free a timeshare in Cabo San Lucas. Here are some of the details:

Several years ago, the timeshare was purchased for $13,000.
He hadn't used it since purchasing it.
He dutifully paid the yearly "maintenance" fees of ~$800.

After trying to sell the thing over the web it was clear there was no real value for it. As a result, the seller had read the fine print and discovered that he could pay the company to take it back.

After I thanked him for his offer and respectfully declined he cut the check and mailed the title back. The albatross had been lifted.

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