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Re: WALK AWAY FROM TIMESHARE (by NoOneYouKnow):

I think the biggest thing keeping dissatisfied owners of timeshares that don't live up to their promises from walking away is people telling them they can't do that. In my years of following these forums I am yet to hear of anyone suffering insurmountable doo-doo from doing just that.

One of our two remaining resorts, one that utilizes non-judicial foreclosure, does quite well with that, but, really, they might just as well do deedbacks. That's even simpler, since the owners could just do a Quit Claim deed to the Association, or whatever the controlling body is.

That resort makes as much, or more, income from weeks they take back than if they were still owned. (Not all resorts could do that.)

Yeah, I know, maybe they like to have the right to go after the deficiency balance.