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stop paying timeshare fees

Posted on: 21st Dec, 2010 02:53 pm
I have a timeshare in Ft. Lauderdale, FL. It is paid off, but the mainteinance fee and tax is killing me. I want to just stop paying them. I just want to know if it will cause me any damage except for the credit score. I assume if I stop paying the tax, the property will be taken by the county for auction, and stop accumulating any mainteinance fee. Is it right?

Thank you
Hi LF,

Unless the property is sold off at the auction, you'll be liable for paying maintenance fees and taxes.

Thanks
Posted on: 21st Dec, 2010 07:48 pm
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