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 This is part legal, so I'm not sure how much you will be able to answer. Basically, I have a timeshare with my ex-husband. In our divorce it was specified that he is responsible for the payments. I did fill out a quick claim deed form, and it was filed in Beaufort County, SC (Hilton Head), however there is still an outstanding balance on the mortgage. The loan is now in default and he has signed a deed-in-lieu of foreclosure and they are requiring that I sign it too. I don't want that showing up on my credit report, and I'm willing to pay the balance. Since I did deed the unit to my ex, by paying the balance, who ends up being the owner? If I'm technically not on the title, why do I have to fill out the deed-in-lieu? If it goes back to him, not only am I bailing him out, he then has the option to sell it. I've asked him to deed it back to me, so both of our credit reports won't be impacted, and he refuses.
Any thoughts would be greatly appreciated.
Answer Here is my guess at what may have happened. Generally, when we transfer a timeshare to a new owner, once the deed is recorded we send the resort (or management company) proof of the change in title - basically notifying the resort of the new ownership.
You recorded the deed, but probably never sent proof of the new recording to the resort. I would sign nothing at this point. Hopefully, you kept the proof of recording. Contact the resort and explain the situation, then offer to FAX them proof - and of course mail them a copy via registered US mail, return receipt requested.
If you did not keep proof of the recording you can still get it by contacting the County Recorder for Hilton Head (Beaufort County, SC). The problem - and I know how you feel - is all this is a pain in the ***.
That is the route I would go before paying off anything. I think you're on solid ground, but it might be worth a quick consultation with a lawyer.
