Eothaina65
newbie
Hi Everyone,
I am new here and I hope I can get some help. I have a Westgate Miami Beach timeshare(TS) that I never used and I am in the pre-foreclosure stage right now. The TS rep. offered me the option of the Warranty deed in lieu of foreclosure(WDLF). She said first they have to run my credit report and the cost is $1000-$2000 for the lawyer processing fees to determine if I am eligible or not for the WDLF.
Is this information true? Why does the TS need my credit report? Why do I have to pay a fee?
If I am denied the WDLF I guess the TS goes into foreclosure. Should I just let the TS foreclose?
Thank you.
Eothaina
I am new here and I hope I can get some help. I have a Westgate Miami Beach timeshare(TS) that I never used and I am in the pre-foreclosure stage right now. The TS rep. offered me the option of the Warranty deed in lieu of foreclosure(WDLF). She said first they have to run my credit report and the cost is $1000-$2000 for the lawyer processing fees to determine if I am eligible or not for the WDLF.
Is this information true? Why does the TS need my credit report? Why do I have to pay a fee?
If I am denied the WDLF I guess the TS goes into foreclosure. Should I just let the TS foreclose?
Thank you.
Eothaina