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 want to stop paying on my Silverleaf timeshare. There is no record of it on my credit report right now. Could it affect me later. I noticed one woman say that an ex- employee told her that they just sell it back and do nothing. Did she ever et you know if that was true, because I have also heard that but am unsure. I was hoping you could give me some more info on how silverleaf deals with that.
Answer Yes Audry - I remember that question as well. I never did get a follow up to see if it was indeed true. I'm a bit skeptical.
I find it an unusual practice, but once they take back a timeshare, they can't then go ahead and collect on the loan - so the only purpose behind reporting it to a credit bureau is to punish the owner.
This is a homework question - but follow me on this. Timeshare companies have been in trouble with various agencies since they first started - I personally know of one company that was barred from the department of real estate to use the term "investment" when selling. If they did, their license would be revoked.
I don't know where you would find this out, but it might be, due to some mishap in the past, that Silverleaf is barred from reporting delinquencies to credit bureaus.
Don't quote me on the above - I am just guessing.
Aside from the above rant, since I never did get a follow up on the question you are referring to, I can't assure you that there won't be consequences. If you do go ahead, I would appreciate a follow up to let me know how it goes.
