Harry Gross, Personal Finance Columnist of the Daily News (at philly.com), responds to a reader who has been trying to sell his timeshare for FIVE years! The costs have gone up tremendously since the owner purchased in 1987. Now, the owner is thinking about simply walking away.
Mr. Gross provides a spot-on reply, stating that he has only ever heard of 2 people he knows that are “happy” with their timeshares. He continues by pointing out something that Timeshare Relief has known since the beginning of the company: Timeshares are notoriously difficult to sell. Also, walking away from the problem is not solution because of the damage to your credit score as well as potential legal action against you.