mrspaula
newbie
I am new this site and I need some advice. I have a timeshare in which i am about to sell, however, I have a lien against it for not paying MF's. What do I do? I can't afford to pay the fees.
Even if the timeshare is worth less than the lien amount, it's still important to pay off the lien & sell off the unwanted timeshare for whatever it will bring.What if it is only worth a dollar?
What do you think you could sell it for? Would it be more than you owe?
Even if the timeshare is worth less than the lien amount, it's still important to pay off the lien & sell off the unwanted timeshare for whatever it will bring.
Otherwise another round of annual maintenance fees comes up again in just a few more months -- & if those aren't paid another lien gets slapped on.
That's the thing about deeded timeshares -- working out an exit strategy can be semi-tricky.
-- Alan Cole, McLean (Fairfax County), Virginia, USA.
Click here for the only 1 I know about that comes with a super-easy exit strategy.What other types of timeshares are there. All the timeshares I own, whether in a vacation club, fixed weeks, points, or seasons, all have some kind of deed or membership that is impossible to get out of without paying all past due bills. Plus a few I own are impossible to get out of even with me paying 1/2 of all the fees needed to close them.
I am new this site and I need some advice. I have a timeshare in which i am about to sell, however, I have a lien against it for not paying MF's. What do I do? I can't afford to pay the fees.