Legal Question in Real Estate Law in Florida

I have a timeshare in Florida and have listed with 2 different brookers because i cannot afford it anymore due to my husband and i live in new jersey and for months we have been forced by the state of nj to take furlough days (1 a month) that is a total of almost 400 a month for several months with no end in site. we cannot afford this property anymore. Before i walk away and ruin my credit because i cannot afford this property anymore what are my options. I have paid out 299 to one broker and 699 to another to sell the property. it is another year and now my maintenance fees are due again 879. and i pay 239. a month my balance due on a 2 bedroom condo @ Liki Tiki Village in Orlando Florida is 13000. what are my options.


Asked on 11/12/09, 11:45 am

1 Answer from Attorneys
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Contact then seller and see if they will just take it back with a forgiveness of the debt.

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Answered on 11/18/09, 11:07 am


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