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Foreclosed Timeshare

Foreclosed Timeshare

What is a Foreclosed Timeshare?

Timeshare Foreclosed

A time share where the person has not paid payment for many months to either the mortgage on it or the maintenance fees.

It appears to be a great way to get one but the experts advise to be very careful as the time share might not be one you really can use. it might be in the off season or run down resort. So ensure you really research the location before buying into to it as time shares can be hard to resell.

Foreclosed Timeshare History & Civil Business Politics

Yes I see a lot of time shares for sale. Most of the ones I have looked into were not very well maintained. If the time share is in foreclosure you can get it cheap but it may be just as run down. There had to be a reason they stopped paying on it. I do believe that time shares are good for those who use them but like Krakyn said they are very hard to get out from under.

Timeshare Foreclosed

Time Share, Beware

You thought it would be your own little slice of paradise, but your time share has become a nightmare. Maintenance fees creep up. The value of the time plummets. And you can't rid of it if you try.
Ref. Ref. ABC Nightline

Timeshare Foreclosed

The promise and pitfalls of buying into a timeshare

Buying into a timeshare can be a great way to have an established vacation getaway. But do your homework. Ref. Source 4c