Legal Question in Real Estate Law in Florida

Time Share Purchase

Liv UT Bought by Orlando. Didn't feel right. Fine print says only good once every 2 yrs. Were not told this at presentation. Felt deceived Going to rescind next day. Major family problem same day. Past time to do. Contacted Co. Tried to negotiate. Asked what lump sum to cancel. No understanding. We are on 2 yr service mission for church. We are 66 &68 yrs Just can't afford. QUEST. Worst case scenario if we stop make payments. After foreclose, Share goes back to Co. and credit affected. Anything else?


Asked on 4/07/08, 8:29 pm

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: Time Share Purchase

Deficiency judgment for difference from sale price and amount owed, plus attorney fees.

Read more
Answered on 4/08/08, 10:44 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida