Legal Question in Real Estate Law in Virginia
Hi there! My grandmother has as timeshare that she can no longer afford. My family is trying to figure out the best way to go about dealing with this. She is on a fixed income and because of the rising cost of her care she cannot going on paying the fees.
She lives in Alexandria VA.
Thank you!
Elizabeth Martinez
Asked on 1/10/10, 7:51 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Your grandmother should first attempt to sell the timeshare directly my marketing it on ebay
or advertising in a local newspaper or in other media to find a possible buyer, but
If that produces no olffers, she might explore the possibilty of whether she
might sell it back (most likely at a loss)to the person(s) or entities from which
she originally purchased the timeshare.
Answered on 1/16/10, 9:04 am