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Re: Selling a Timeshare

How does a timeshare owner find out in advance what happens if he/she just abandons his/her timeshare and lets it be foreclosed on by the timeshare developer? Bluntly, what's the worst that can happen to you if you have a timeshare you don't want, that you can't find a buyer for, that you can't even give away, and that the developer refuses to take back? [Q=lancec13] [Q=mikeh937]I just edited mine listing it for $1, 2016 fees paid, and closing costs paid for my me. Let's see what that does :)[/Q] The other thing to try is to write to the resort's Homeowners' Association explaining that you need to give your unit back. Offer to pay closing costs and possibly the next maintenance fee. You can even try what Don P says about how deeded one back. Let the HOA know that, one way or another, you are getting rid of your unit and that the HOA can accommodate this the easy way or the hard way.[/Q]