Title Insurance for Timeshare

Title insurance in the timeshare industry is similar to title insurance for a home or other property purchase. Title insurance is optional for the buyer of a timeshare in order to protect them from financial loss due to undeclared liens, title defects, overdue maintenance fees, or other issues that may obstruct the transfer of property ownership. It may or may not be necessary depending on a number of factors, which is why it is important to understand exactly what it is and how it works.

Today the timeshare market is full of people who are desperate to sell their properties. Unfortunately,Read the rest of this entry »

Westgate Town Center

The following is a user-submitted story about their experience with Westgate Town Center in Florida:

"Let the buyer beware! As timeshares go this is far from the worse. I have stayed here a couple of times. The first year the accommodations were very nice and the view was awesome. We traded in, as we own via Marriott. Of course we received the hard sell presentation. We opted not to buy but were really considering and chose to wait until the next year when we returned to Orlando. We were then offered a "special offer" of a two bedroom unit for... Read the rest of this entry »

Westgate Experience

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I've had experenced with timeshares my whole life. My parents had two and we used them every year. This made me a bit nogastilc when I was in Orlando on my honeymoon this past February and ended up getting a timeshare even though I really couldn't afford the $200 they were asking up front.

What happens if I stop paying for timeshares

I paid the first months mortgage and have since stopped. I am in the process of requesting a Deed In Lieu of Foreclosure.

I was going to use... Read the rest of this entry »