A very interesting article has been published in Florida Trend in October, about the number of timeshare owners defaulting on their mortgages, this has risen during the second quarter of this year.
The industry blames “disreputable third-party exit companies” in the secondary market aggressively solicit unhappy or remorseful owners and persuade them to stop making mortgage payments and paying maintenance fees”.
Click on the link for the full story.
https://www.floridatrend.com/article/25726/timeshare-tussle?fbclid=IwAR3YHtGoJf-IllP_QxNKPoH0DgfiybxmEr1qjlDgxx94U5I7R6WnfOqj1oE
