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Re: Getting rid of your timeshare (by R P.):

christine514 wrote:

I don't actually see an answer to drk14 in your long winded reply!!!

It's really nice that you could obviously afford to carry on paying your maintenance fees, but please remember that we are not all in the same position as you. I didn't just ask my resort to take it back I actually offered to pay them whatever they asked for it in order to be released from the contract...I also said I would pay them 5 years maintenance fees up front in order to be released. (and that meant borrowing the money to do so!!). I did this because I did not want to just let it foreclose and cause other owners to end up in the same position as myself. My decision to 'get rid' was simply based on the fact that I could no longer pay the fees, and not just because I had changed my mind about the ownership which is what you seem to think. It was necessary, and actually the best way forward for me. I wouldn't hesitate to use drk14's solution or to recommend it to others who were as desperate as myself. Happily I no longer own a timeshare, thanks to Donate for a Cause, had i seen that I could have relieved myself of this ownership for just $500 I would have jumped at it.

Resorts are run by HOAs .... HOAs are voted in by timeshare owners at the resort .... if it's the HOA's policy/rules not to take timeshares back from owners then it's their policy, period. Why would they make an exception just for YOU? If all resorts took back timeshares for whateverreason then they would be flooded with people who merely wanted out of the yearly obligation and the resort would implode entirely.

Again, I'm sure you were told that maintenance fees would be due each year when you bought so why did you buy in the first place?

If DFAC took your timeshare then it must have had value and you could have given it away for much cheaper than what DFAC charged you. Did you even try to give it away?