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[Q=dannyp37] Hi there, we bought a timeshare at Villa Del Palmar for 1$ from a family member's estate that passed away. The timeshare was transfered to us and we payed 100$ to transfer it. Since then, it has been hard to rent out the timeshare and it seems nobody wants to buy it from me. I was hoping to flip this property for a profit. Now, I am just thinking of getting out of it. The timeshare is paid off. The maitence fees are about $600 a year. As part of the transfer process, I don't recall ever giving them my social security number. It is also a Mexican time share with only 19 years left on the original 30 Right to Use years. Does walking away from this impact my credit? Can they put negative information on my credit report or send me to collections? Thanks.[/Q] It depends on the Mexican resort and how they handle foreclosures. You could try to contact the resort with the info that the original owner (a relative) had died, you then took ownership of their timeshare and now you want out and see what they say, however if they choose to come after you for maintenance fees then they can since you are now listed as the owner. This is why people should NEVER buy timeshares to flip to possibility make a profit. Timeshares are not a financial investment .... the only investment is in vacations for you and your family.