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[Q=davek194] I just stopped paying both mortgage and M+T. They send their "hounds" after you who threaten to ruin your credit. However, most developers won't actually do that since it shows up on their "default" ratio and also it costs them a lot to foreclose. Just ignore all the collections efforts for 12 months or so and eventually tell them you'll take a warranty deed in lieu of foreclosure (WDIL). In this situation most of them (not necessarily all) will do this since it saves them money and allows them to sell it on again, they may try to charge a fee but it's VERY negotiable - then you're free and clear - NO CREDIT impacts. With Westgate we have a support forum and over 50+ of us have escaped this way with no effects on our credit.[/Q] This is bad advice as it depends on the developer/loan company (patricia's seems to be Diamond Resorts) as to what they will do regarding an unpaid debt. Everyone must do their research as to what their developer/loan company would do in such cases. Having a ding on your credit score impacts many things in life including any future loans and job applications.