Posted by ScottyHOMEy on January 24, 2010 at 07:16:54 from (71.241.192.223):
In Reply to: Donating Timeshares posted by George Marsh on January 24, 2010 at 06:58:14:
I worked for a charity and routinely turned them down. The typical scenario was a donor who could not sell the timeshare -- either the market was dead, or the timeshare facility was still expanding, and of course selling their new units and only pretending to try to sell the existing ones. So the donor says, I'll donate it. Well, what is the charity going to do with it? It won't sell any better for them than for the donor. And it's an asset that only declines in value over time. The charity is stuck paying maintenance fees for something they can't use and can't sell, and often just forfeit it to cut their losses. Where's the gift?
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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