Has anyone ever been in this situation? We have a timeshare in florida, minutes from Disney and we can no longer afford it. We can sell it bc it is not enough to cover what we owe on it. Anyway, if we don't pay does it go into forclosure?? or what?? anyone know? Any info would be appreciated!
yes, it goes to foreclosure. I would try and lease it out and see if you can recoup at least most of y our annual expenses.