WALK AWAY FROM TIMESHARE

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Original Message:

Re: WALK AWAY FROM TIMESHARE (by R P.):

donaldo3 wrote:
I CAN'T SELL ME TIMESHARE LEASE AT CLUB LAND'OR ON PARADISE ISLAND. WHT ARE LEGAL OBLIGATIONS OF JUST NOT PAYING THE ANNUAL MAINTENANCE FEES AND WALKING AWAY.

donaldo, if you simply quit your financial obligations by not paying your annual maintenance fees, then your credit rating will more than likely be adversely affected.

When an owner quits paying maintenance fees then it affects all the other owners at your resort as they have to take up the slack for nonpaying owners that don't care if their credit rating is affected.

My advice would be to keep dropping your price until you start gettng some interest and if that doesn't work you can always give it away for $1 releasing you of the obligation of yearly maintenance fees.