Our simple solutions have shown to reduce the need for yearly foreclosures by an average of 70%. That's a substantial savings to the HOA of many thousands of dollars each year. But even if the resort utilizes our programs there is still that last 30%. The resort won't spend the money needed to foreclose because the cost to do so is higher than the amount of income generated when the interval is resold. The delinquent owners, on the other hand, cannot be found or will not sell at the wholesale price. Stalemate! These are what we refer to as "Dead Timeshares", or timeshares in a permanent state of limbo.

We are the solution! Since the resort has the right to lock-out the delinquent owner of the timeshare and rent the interval in order to bring in necessary revenue, we create a Right-to-Use agreement and sell it just as we would a deeded timeshare. The purchaser of the Right to Use contract has all the same rights as any owner as long as they pay their yearly maintenance fees, taxes, and any special assessments. A provision of the agreement maintains that the new owner may assign their contract at any time to another party willing to pay the yearly fees, or simply sign it back over to the resort at no cost to the resort. If neither is done and the contract owner is late more than six months in paying the maintenance fees, the resort has the right to cancel the contract with no more than a letter stating as much. This means that there is no risk of foreclosure requirements or costs in the future.