Friday, December 11, 2009

How To Prevent Timeshare Foreclosure

An article in the online edition of SignOnSanDiego.com (Union Tribune) discusses an upcoming auction of over 100 properties that are being sold to satisfy delinquent taxes. Some of these properties will include timeshares whose taxes have not been paid in five years, or longer.  In the the same auction last year, two timeshares - one in Solana, one in Del Mar - were sold together for $3,000.


If you are considering purchasing a timeshare property that has a questionable history with taxes or maintenance fees you must be sure you know what you are getting into.  The safest bet is to get the assistance of a Realtor who is a timeshare specialist.  They will be able to sort out between the owner, the resort, and title company what needs to be accomplished before the deed can be transferred. 
For owners, the best solution is to sell your timeshare before it becomes delinquent or in danger of foreclosure.  Again, the safest bet is to employ a Realtor for assistance to get the job done.  Timeshare resales brokers have the experience you need to complete this sort of transaction giving you the peace of mind that all the details will be addressed.

If you want to Sell Timeshare or Buy Timeshare timesharelink.com is the place to go!