Getting out of a time share

Getting out of a time share

Notices

» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors




















» Premium Sponsors
» Banner Sponsors
» Advertisements
Reply
 
Thread Tools Display Modes
  #11  
Old 06-20-2019, 08:34 AM
New Englander New Englander is online now
Veteran member
 
Join Date: May 2017
Location: Massachusetts, Pinellas
Posts: 833
Default

Quote:
Originally Posted by leftyf View Post
When I retired I was offered 3 timeshares for free. All from close friends. I turned them all down. The friends are both dead now, so I don't know what happened to the timeshares.
Smart move.
__________________
Is this a great country or what?
Reply With Quote

  #12  
Old 06-20-2019, 08:43 AM
lrvalley lrvalley is offline
Member
 
Join Date: Oct 2014
Posts: 36
Default

I was able to get rid of mine with very little work. You need to find out how to contact the loss mitigation department at your timeshare corporation. Then send an email that says something to the effect that you are retiring, your finances have changed, and you can no longer afford to keep the timeshare (regardless of whether that is true or not ). I explained that I was not looking for any compensation, but just wanted to give it back to the company. I was contacted by them in less than 2 days, and was told that all I had to pay was a $200 legal fee to transfer ownership back to them.

Very easy and painless - at least for me. That was about 3 years ago.
Reply With Quote
Sponsored Links
  #13  
Old 06-20-2019, 09:48 AM
lanabanana73's Avatar
lanabanana73 lanabanana73 is offline
Veteran member
 
Join Date: Feb 2012
Location: Windsor, VT
Posts: 670
Default

There is a Timeshare Users Group TUGBBS.com that is a message board full of useful info, including how to get rid of your timeshare without paying someone to do it for you. Good luck!
__________________
Alanna from Vermont

Drank the Kool-Aid and now own a home in Tamarind Grove. Yippee!!
Reply With Quote
  #14  
Old 06-20-2019, 10:11 AM
Toymeister's Avatar
Toymeister Toymeister is offline
Senior Member
 
Join Date: Sep 2016
Posts: 488
Default

One approach used by some firms for timeshares with little to no market value is to "sell" them to a corporation that was established just for this purpose. In short order the corporation is disolved. The corporation is usually established in an island nation.

The timeshare clearinghouse firm will charge several thousand to do this
Reply With Quote
  #15  
Old 06-20-2019, 12:23 PM
Brenda.ball's Avatar
Brenda.ball Brenda.ball is offline
Senior Member
 
Join Date: Oct 2017
Location: Murfreesboro, TN and The Village of Fenney
Posts: 108
Default

Wesley Financial Group, LLC
9009 Carothers Parkway Suite 83,
Nashville, TN 37067
Chuck McDowell, Owner
Timeshare Cancellation Experts - Wesley Financial Group, LLC
__________________
"...achieving a dream is about more than just what you accomplish. Its about who you become in the process." ~John C. Maxwell
Reply With Quote
  #16  
Old 06-20-2019, 12:49 PM
My Post My Post is offline
Senior Member
 
Join Date: Jan 2018
Posts: 390
Default

Just stop paying. You're old. You can kick the can down the road in court forever.
Reply With Quote
  #17  
Old 06-20-2019, 01:58 PM
retiredguy123 retiredguy123 is online now
Soaring Eagle member
 
Join Date: Feb 2016
Posts: 2,155
Default

Quote:
Originally Posted by My Post View Post
Just stop paying. You're old. You can kick the can down the road in court forever.
That's a good idea, unless you have an estate and care about your heirs. They will have to pay whatever is owed from your estate assets, including late fees, interest, legal fees, etc. And, depending on how the timeshare contract is worded, the estate may still own the timeshare and future maintenance payments after your death.
Reply With Quote
  #18  
Old 06-20-2019, 02:07 PM
My Post My Post is offline
Senior Member
 
Join Date: Jan 2018
Posts: 390
Default

Nah. There are plenty of easy ways around that. Cayman Islands aren't just for snorkeling.
Reply With Quote
  #19  
Old 06-20-2019, 06:36 PM
ctreick ctreick is offline
Junior Member
 
Join Date: Aug 2018
Posts: 4
Default

Thank you everyone for you help! you have given me several avenues to try!
Reply With Quote
  #20  
Old 06-20-2019, 06:37 PM
ctreick ctreick is offline
Junior Member
 
Join Date: Aug 2018
Posts: 4
Default

awesome, thank you!
Reply With Quote
Reply

Tags
share, time, success, real, groups

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 04:51 PM.