Report Abuse

Relinquishing ownership is only rarely so easy...

Ken, I wonder after all this time and the falling prices of timeshares if things are changing? More resorts might decide to go for this offer rather than try paying foreclosure cost and the time to try and stop what they probably consider a dead beat owner at this point. At this point there is a very good chance the owners will not pay and only other option for the resort is not letting owner use the unit until paid up which will not happen. At least if they take it back they can try and resell it. I just don't see other options for the resort if they are planning on staying open. They need the cash flow to run and with so many dead beat owners there is no income to the resort. PHILL12