Original Message:
Re: Re: My timeshare is paid in full, but I just don't want it anymore (by Lance C.):
estherf41 wrote:My mother has a resort at the Lawrence Welk in Escondido (San Diego) that is paid in full. She has paid a company to try and get out of the deed but they have told her that the only way is for someone to buy it from her.It sounds sketchy as I thought people have a hard time giving timeshares away or gifting the deed to another owner?
Can someone share their experience?
Her first mistake was to "[pay] a company to try and get out of the deed". Obviously that was a waste of money. But yes, the only way for her to get out of the deed is for someone else to take ownership. And yes, "people have a hard time giving timeshares away or gifting the deed to another owner" but it's not impossible.
She can ask the resort's Homeowners' Association if it will take her unit back. The HOA might charge a transfer fee and possibly the next maintenance fee to do so, but this would be a quick, simple, legal way of doing so.
She can advertise here on RedWeek or Timeshare Users Group (aka "TUG"; tugbbs.com) that she wants to give her unit away. Maybe even offer to the taker that she will pay the transfer fee and maybe even the next maintenance fee.
The other last-ditch effort if these fail is to just stop making maintenance fee payments and let the unit go into default and foreclosure.