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
Question I too have a silverleaf Hillcountry timeshare that I want to dump. I owe about $8K and have never used it in 7 yrs. Silverleaf still owns the dead and the credit for it. I ran into an ex-employee of Silverleaf and she assured me that their business model does not include legal fees to chase down folks who have ceased to pay on their timeshare. They just move on and sell it to someone else, having made money on me for 7 years and taking my maintenance fees. She said to check my credit report to see if its even being reported as a balance...she said they don't even spend the money to do that. Now I"m highly tempted to walk away from it. Any comments?
Answer Well... I am a bit reluctant to believe a random employee - although it is completely possible. I know of several people (not Silverleaf) where they didn't pay, they lost the timeshare, and there were no bad effects on their credit.
I have wanted to tell some of the questioners this, however, I could be placed in a precarious position if it turned out that I was wrong.
I would weigh my options. What if she is completely wrong - what is the worst case scenario? If you are ok with that and willing to risk it - I say move forward. I really could not see her motivation for making this all up - she has nothing to gain.
If you do go ahead and could follow up with me, that would be great - I could help others in the same position.