Westgate Deed in Lieu of Foreclosure
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Re: Re: Westgate Deed in Lieu of Foreclosure (by Lance C.):
richards2018 wrote:I offered to give Westgate Branson woods timeshare back for free. They said I would have to pay the current MF of $1200 and $2500 deed back fee. I think I should just let it go into collection phase and ignore. Any comments?
If you do " just let it go into collection phase and ignore", then the resort's Homeowners' Association will foreclose and repossess, which is what you want. The downside is that you will face a bunch of annoying collection calls and letters. As well, you might face a hit on your credit score. If you pay the HOA the $3700, you won't face these downsides. So you basically have to ask yourself if it's worth it to pay the $3700 and be done with Westgate.