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Time-Shares/Can I dump my week
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Question
Hi, I bought my timeshare at Westgate vacation Villas through a resale company in 1993. I have tried selling my week without success, is there anyway I can get rid of my week. If I were to stop paying the maintenace fees what would the implications be?
Regards Bryan (U.K)
Try using a resale broker through eBay and sell it for $1. If you stop paying maintenance fees, you cannot use it, rent it, or transfer ownership. They will try to collect, eventually they might even foreclose on the timeshare.
You could also try to contact Westgate and see if they will take it back for free.
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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
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