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Re: Getting rid of a time share. (by R P.):

Actually timeshares ARE considered real estate since you hold the deed to the unit for one week each and every year. However, timeshares are not considered traditional real estate since most traditional real estate appreciates (or holds it's value) where 99% of timeshares depreciate in value (especially developer bought). This is one reason that major lending institutions will not make loans for timeshares. Timeshares are considered a liability.

kevins118 wrote:

Also, it's not considered real estate. !