Ridewithme38
TUG Member
People could be forcing timeshares to:
1. take back units
2. dissolve the timeshare and sell the units for housing (we found out this is happening in Myrtle Beach, people own units at the timeshare and LIVE there year round)
WHO do you think will absorb your financial mistake if we "force," timeshares to take back your unwanted timeshare?
The developer? - NO! Long gone...
The sales person? - NO! Long gone...
The management company - NO! They don't OWN the resort...
If the resorts is "forced" to take back your timeshare OTHER OWNERS HAVE TO FOOT THE BILL. Timeshare resorts belong to the owners - and when one owner flakes out - everyone else has to pay a higher MF to cover your MF.
DeniseM, i believe the plan is, if the resorts are Forced to take back weeks, within months the resorts that SHOULD HAVE CLOSED YEARS AGO, will now be forced to desolve...The resorts that are strong will remain that way and even get stronger as resorts close the demand for those, high demand resorts will get higher and we can return to how Timesharing began