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How do I sell this week? (by KC):

mikev111 wrote:

Somewhere around 1994, my then wife and I bought a timeshare at the Flagship Resorts (now called Fantasee Resorts) in Atlantic City, NJ. We bought 1 week, every other year thinking that it was so close, we would use it all the time. Fast forward 20+ years later, we are divorced and still stuck with this thing.

The resort does not buy back properties which is a bad sign to begin with. The unit is paid off and we are stuck with the maintenance fees. From reading other posts, it is not a great idea to simply stop paying it.

Are there any reputable ways to resell this week? I have moved out of state and since remarried. Another question would be how can I remove my name from the deed? My ex has been dealing with this, paying it off.

Any advice would be greatly appreciated.

Please don't shoot the messenger, but...

1. Your Flagship A.C. ownership has no resale market value at all. People who have successfully "unloaded" Flagship A.C. ownerships have actually had to pay all closing and transfer costs themselves AND throw in a gift card of $350 -- $600 just to find a willing new recipient, according to input posted on TUG discussion forums (based largely upon research of completed eBay "sales" of Flagship A.C. timeshares).

2. You cannot unilaterally "remove" your name from a deed. You are a co-owner of record, prior or current marital status notwithstanding. Your ex-wife, presumably the other co-owner of record, would have to cooperate in the preparation and official recording of a new deed in her name alone; something which apparently was not done when you got divorced. For something of zero market value, it may be more easily said than done now to get the "ex" to take over sole ownership. Also, BOTH of your NOTARIZED signatures will be required as "grantors" on any new deed prepared for official recording if / when you are somehow fortunate enough to find a willing new "grantee". Tough situation. Good luck!