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Time-Shares/Inherited timeshares?

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Question
My father in-law passed recently.

My wife is the personal representative of her father's estate. According to the will my wife and her sister are to have equal share.

We have discovered that my father-in-law was deeded on eight timeshare weeks. No loan, all are paid in full, however the maintenance fees average $63 per month each (over $6,000 annually all together)

Five of the weeks he added my wife's name to the deed.

Neither my wife or her sister want to own a timeshare and neither wants to pay the maintenance fees.

The resorts are telling us it is our problem and if we do not pay the maintenance fees that will damage our credit.

My father-in-laws weeks are mostly off season making them more difficult to give away, let alone sell.

Any advise?

Answer
Hi Ron,

I am sorry you and your wife are in this situation.  It is possible to get out of a timeshare regardless of the number of years you have owned.  The Owners' Advocate is familiar with timeshare contracts and has a proven track record of getting these contracts canceled.  We specialize in assisting timeshare owners who feel they can not afford or should have to continue to pay for a service they are not using.  If you would like to explore this option, please contact me.

Kind Regards,
Kate Morgan
www.theownersadvocate.com
Kate@toa.me
866-644-7776 x 250
888-412-4449 Fax  

Time-Shares

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Kate Morgan

Expertise

I can answer questions about cancellation of a timeshare or vacation ownership whether it is a recent purchase or a purchase that is 20 years old. I can offer assistance regardless of where you live or where you purchased, including Mexico. Regardless of whether or not your are paid in full or still making payments I am able to assist you in getting out of your timeshare. I cannot answer questions in regard to resale or rental income.

Experience

I currently work for The Owners' Advocate, a consumer rights advocacy group representing timeshare owners who have encountered fraud or misrepresentation, or simply want to be out of a timeshare that is paid in full. Previously I worked in the timeshare industry for several years as a Quality Control Manager. As a QCM I reviewed the paperwork with clients and answered any questions at the time of sale. In addition, I assisted clients with issues, questions, or cancellations that arose after the purchase.

Education/Credentials
I have a Timeshare License and previously held a Real Estate License. I also worked for a Title Company as a Closing Coordinator.

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