I need EVERYONE'S opinion please!
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Re: I need EVERYONE'S opinion please! (by Phil L.):
karik27 wrote:I say "just give it away"---------to anyone who will take it. Cut your losses, if that is the reason you're trying to unload it.
It would be almost impossible to give it away when he still owes on the timeshare.
Bottom line is pay it off first!
I don't know if its even possible to have someone take it over and get the names changed on the loan papers. If this was bought from a developer I doubt they would do it and probably don't even carry the loan!
Best thing at this point is for the owner to keep paying and start using it for few years.
Lets face it in that the only smart reason to ever buy a timeshare is for your families future vacations for many years and that is it.
PHILL12