can you Help me out from my timeshare?
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Original Message:
Re: can you Help me out from my timeshare? (by Lance C.):
jessem58 wrote:There is no way I every pay an upfront fee.! I used Owners Solutions International. No up front FEE. I didn't pay until my deed was being transferred out of my name. For less than one year maintenance fee. After tons of searching i found this company they were honest and very helpful and transferred my deed in 7 weeks. I would definitely recommend using them!
There are quite a few of these operations popping up where they claim that, for about the equivalent of one year's maintenance fees, they'll get you out of your timeshare. What they really do usually is transfer these timeshares to a shell corporation and then let that corporation go bankrupt thus leaving all these timeshares in the lurch.
What many people fail to understand is that if the resorts have to foreclose on these timeshares, the costs have to be shared by the remaining owners.
There's also question as to whether this type of procedure is even legal or not.