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stockhound101

10/07/06 9:48 PM

#220756 RE: redbaby #220745

Can you go to the bank and borrow money against any equity in that timeshare.
I can't see how it can be called a timeshare unless of course you were the developer and that is how you have possession of the property deed.
It sounds to me like all you have maybe is a general liability deed where if something goes wrong you are partly responsible for paying to have it fixed.
That would be a very savy developer that got the timeshare owners to sign on to that.
If that is how it works I wouldn't want to be you.