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DFC (Donate For A Cause)

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  • DFC (Donate For A Cause)

    Do they really? Anyone know?

    http://www.donateforacause.org/index...FdCY4Aod6iQALQ

    The verdict is mixed:

    http://www.google.com/#hl=en&sclient...w=1280&bih=603
    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

  • #2
    "Get $ 6,000 for your timeshare" - sounds like it may come with free snake oil.

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    • #3
      The only real "cause" being supported is supplementing their bank accounts. A few stray dollars may go elsewhere but it's likely minimal. Stay away from all of these groups.

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      • #4
        Wow! "All of these groups."

        I bet the good scammers don't like being thrown in with the bad ones.

        RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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        • #5
          Are you a good witch or a bad witch? Does it matter?
          Pay no attention to man behind the curtain.

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          • #6
            Are you asking as a potential buyer or seller? If as a buyer, I bought one of mine from them off eBay. Quick, easy, cheap.

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            • #7
              I'm asking do they really take donations?
              RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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              • #8
                Originally posted by JLB View Post
                I'm asking do they really take donations?
                Yes they take donations. If it is one they know they can sell on a 3-7 day auction on Ebay for more than $2000 they may take it with no cost to you. If they are reasonably sure they can't sell it at all they won't take it at all. If they think they can sell it for at least $1.00 with all transfer fees and current years usage available they may accept the donation with the addition of another $1500-$2000 processing fee and another $800 or so if you want an appraisal for tax purposes.

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                • #9
                  I'm sorry, but donation and "cost to you" don't equate.

                  :dcool:
                  RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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                  • #10
                    Originally posted by JLB View Post
                    I'm sorry, but donation and "cost to you" don't equate.

                    :dcool:
                    I guess I think it is pretty simple. If your timeshare isn't worth anything and you want to "donate for a cause" you have to "donate" enough money for them to "dispose" of your timeshare, pay themselves, pay to market themselves, and still have $20 or $30 to "donate" to the charity of your choice.

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                    • #11
                      I have to disagree here. If I were to make a donation of a golf membership, I would have to pay for that golf membership and there is said value behind it.

                      Same as if I make a cash donation to a charity, there is a "cost to me" the same as there was with the golf membership.

                      The problem with timeshares is you cannot look at them the same way. They are apples and oranges. As we all know, timeshares have no value so to speak so when you think of it as a donation, it really isn't. The golf membership above does not require any additional costs to pass it along, or to find a buyer.

                      I get what you’re saying, in that if you give something away it shouldn't cost you anything, but in reality it always does because there was always the initial cost to purchase it. Like buying a CD for $20 five years ago and then "donating" to someone else. Since there is no costs in trying to get rid of the CD, you see it as a donation. If it cost the person taking the CD to give it to someone else, you can be assured that the charity would charge you to do that.

                      I have seen companies that take car's do the same thing, because there is the cost to take it to auction, purchase parts to repair the car etc. the person donating the car is often expected to pay for it.

                      Just like sallyhoover said. Hopefully these charities are just covering the costs associated with the transfer. If you don't paid the costs to carry it and for them to sell it then one, how is the charity going to make any money? Two, how is the end user going to take it and see it as a donation? In my eyes, they are doing a great service for those who are trying to get out from under their obligations (an exit strategy) and allowing others to purchase resale. This is of course better than having the original owner default, MF's increase across the board for everyone else, and the developer to have another unit they can attempt to sell at highly inflated costs. As long as they are not doing it with malicious intent I see no issues with what they are doing. (i.e. Viking ships)

                      Originally posted by JLB View Post
                      I'm sorry, but donation and "cost to you" don't equate.

                      :dcool:

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                      • #12
                        The problem with the donation is that there is no tax deductibility in most cases and like most things in timeshare- a lot of sleaze.

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                        • #13
                          More of 'How to Boil a Bullfrog" . . . what some of us have grown to accept as normal and legitimate.

                          Another testament to the industry.

                          Not only sleaze, but sleaze spawning sleaze as an answer to sleaze.
                          RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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