Original Message:
Re: Re: Re: Re: Re: My timeshare is paid in full, but I just don't want it anymore (by Andrew C.):
@KC this is super helpful. We own a deeded every-other-year studio summer at Tahoe (Red WolfLodge) that we do not use, it doesn't appear to rent, and the II trade in value isn't meaningful enough to be worth the II dues. We haven't used it in ages. I've called and they won't accept it back. Looking around, they've been listed by others for 0$ and not 'sold'. We've long since paid off the mortgage - would just like to be done with the annual maintenance fees.
I understand what you're saying re: quit-claims or other approaches. There's no way to FORCE them to take it back. I left the dues unpaid for some time and they referred to a 3rd party agency who convinced me to pay the back maintenance fees. So, we're now current again. <sigh>
Are you suggesting that if we just stop paying the maintenance fees, and ignore the harassment of the 3rd party agency, that they will eventually forclose on the property which means they'll eventually retake ownership of it from us? And that they could, in theory, but don't, in practice, bother dealing with credit agencies? What's the cost of such a forclosure process to us? I assume we don't actually have to appear in court someplace, etc?