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Re: Current info on walking away from a timeshare

[b]You've got a double whammy as far as your timeshare goes .... a mortgage AND maintenance fees .... I'm sorry to have to tell you that if you walk away from these obligations your credit rating will be negatively affected ... since you don't own the timeshare (you have a mortgage) you're obligated to the company that holds the mortgage AND you're obligated to the resort to pay the maintenance fee .... the vast majority of resorts do not take deeds back even if your mortgage was paid off. The best advice I can give you is to use, rent or exchange your timeshare until the mortgage is paid off then try to sell it.[/b]