WALK AWAY FROM TIMESHARE

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Original Message:

Re: WALK AWAY FROM TIMESHARE (by NoOneYouKnow):

lancec13 wrote:
kathleeng155 wrote:
If we don’t have a mortgage any longer and just responsible for the annual maint , what’s the best way to dump it? Our timeshare has no market value and the company will not take it back.

I would contact the HOA and say that you will not pay another nickle in maintenance fees so it would be best for everyone involved for the HOA to take the unit back. The HOA will not want to go through the costs and rigors of foreclosure. It might ask you to pay closing costs and maybe even the next maintenance fee.

Some HOAs will take them back right away (because they have a policy to), some will take them back eventually (if you hound them), and some will never take them back.

I am posting that fact so as to not raise false hopes.