[ 2019 ] Anyone simplying stop paying maintenance fees a VV at Parkway in Orlando, what happened??

[Ellie23]

@gumbow719 Is there an update to your situation? I’ve tried giving away my VV and can’t get out of it. I’ve never used the timeshare, ever. I got my first collections call for maintenance fees. When I said I was fine with foreclosure, the man claimed they won’t foreclose because the association is a non-profit but when I pushed for details, he said he was just a third party and doesn’t represent the owners association. I am fairly certain a collector is likely to say what they need to in order to get people to pay, so I’m not trusting his info.

@Fredflintstone Have you seen others get out of VV? I’m disappointed that even during a pandemic, they expect owners to find a buyer.

bettyboop02 I am in a VV resort in Las Vegas. Have you paid all of your mortgage? I'm trying to see the consequences people have faced in defaulting on mortgage and MF. No one seems to have reported their experience

 

[theo]

bettyboop02 I am in a VV resort in Las Vegas. Have you paid all of your mortgage? I'm trying to see the consequences people have faced in defaulting on mortgage and MF. No one seems to have reported their experience

Not entirely true. TUG member Grammarhero has been kindly compiling statistics on the directly reported consequences of timeshare foreclosures and loan defaults. His “sticky” on this topic can be found in the Buying, Selling & Renting forum — and there are currently six separate VV situations reported there, although the reported instances are not state-specific.

P.S. The last post from bettyboop02 seems to have been over a year and a half ago, so you may not receive a direct response to your inquiry of yesterday.

 

[dioxide45]

bettyboop02 I am in a VV resort in Las Vegas. Have you paid all of your mortgage? I'm trying to see the consequences people have faced in defaulting on mortgage and MF. No one seems to have reported their experience

[ 2022 ] Timeshare Default Credit Report/Collection Tracking

Some of you know I have been tracking this. Out of four (4) more TS defaults reported on TUG Facebook, one (1) got his credit affected. I have tabbed the following stats(updated 5/2022): TS defaults w credit drops: 47 out of 107 TS defaults w collections: 12 out of 107 TS defaults w...

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