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About Andreas Rossler
Expertise
I'm able to answer general questions on timeshares and specifically in regard to purchasing, renting or exchanging timeshares on the secondary or resale market and through the Internet. I have expert knowledge in sales, mechanics (how and why timeshares work), and timeshare exchanges. I am also well versed in timeshare financing and may be able to guide you to better financing or refinancing options for your timeshare purchase. If you ask questions of a legal nature, or those requiring tax advice - I may not be able to answer fully.

Experience
I have 10 years of industry experience in sales, management and processing. I'm currently CEO of Timeshare Village, a resource for timeshare owners and industry professionals.

Organizations
Mensa - Life Member

Publications
I have been interviewed by Channel 7 News in the Bay Area of California regarding my opinions on Worldmark, the Club timeshares as developed by Trendwest-Wyndham Resorts.

Education/Credentials
MBA - Master's in Business Administration BS - Mathematics BA - Economics California Real Estate Broker

 
   

You are here:  Experts > Shopping > Vacation Homes/Time-Shares > Time-Shares > Selling my Westgate-Smoky Mtn Timeshare

Time-Shares - Selling my Westgate-Smoky Mtn Timeshare


Expert: Andreas Rossler - 12/28/2007

Question
hello sir- i have hit a wall- I was dumb and bought a timeshare in 2003 and we have never used it- everytime i call to book a week its full and all they tell me is to make my reservations 11 months in advance or pay 189$ to go somewhere else- i am sick and tired of this $$ drain of 235$/month and i still have 5 years to go- I owe 9650 and have it listed on ebay right now for 10k$-  I asked westgate about resale and got the run around that if i sell it i owe the m$ for fees and they have first right of refusal but i would still owe them a portion of the sale price blah blah blah-  Can you help me get rid of this - send me a email and I will forward you the crappy response wetgate gave me(said basically im stuck with it-)

Answer
They lied to you.  You can sell it, but probably not for what you owe.  So you would still owe them the remainder after a sale is complete (and you usually can't transfer the ownership unless the loan is being paid off).

They might have first right of refusal, which is not a bad thing.  It simply says they can say no to a buyer you have found - but they must then buy it themselves at the same or higher price.

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