Post reply

Re: Re: Get out of Westgate Resorts (by Lance C.):

elsaa13 wrote:

I am not a citizen of the US and I own a Westgate timeshare. I've just received notification that they will seize my property due to a lack of payment in December. They said that they will put a note on my credit record. As I am not in the US I am unsure of the consequences of this note on my credit record. I have also heard it will fall of after 7 years. Does anyone know what happens after they seize the property?

A couple of questions. First, do you want to keep the unit or do you want to get rid of it. If it's the former, then pay your maintenance fees. If it's the latter, I would just let it go into foreclosure and let Westgate "seize [your] property". Since you do not live in the USA, it's unlikely Westgate will put a note on your credit record. Even if they do, that will not adversely affect you in the country where you live.

If you are wondering what they would do after they seize the property, they would probably just sell it to someone else hoping that this new owner will pay the exorbitant developer costs and subsequent maintenance fees.