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A contributor to our site graciously has offered to share their experience with stopping annual timeshare payments for a resort in Florida. Please note - the timeshare is paid in full with maintenance fees reoccurring each year.
Be sure to check back as they update the story during the process - I'm anxious to see how it turns out!
Stopping Timeshare Payment in Florida:
I bought a timeshare at the Surfsider in Pompano Beach, FL back in 2001. I paid it off the first... Read the rest of this entry »
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A reader who is affiliated with a non-profit organization shares their experience with accepting timeshare as a donation.
This is an important read for any timeshare owner, and provides a great deal of insight into issues surrounding increasing maintenance fees and stopping payment.
"I am affiliated with a non-profit organization. We received a timeshare donation week from an individual, not truly knowing what we were getting into.
Our first year the maintenance fees were increased by 20% without our consent. We reluctantly paid the bill, and one of our board members enjoyed the vacation week.
The... Read the rest of this entry »
[ad#readmore]The following is a reader submission detailing the discrepancies between what they were told vs. what they actually received at a timeshare presentation in Weston, Florida (the actual resort name was not disclosed):
We (4 of us) bought time share in Weston, Florida in October 2010. At the time of purchase we were told if we stay at an all-inclusive resort our meals would be covered. Much to our surprise we have recently found out while trying to book a trip that we have to pay for our food, which makes it a very expensive trip... Seeing as we only... Read the rest of this entry »