Home Buying in 33433>Question Details

stasevich, Home Buyer in Long Beach, CA

I have delinquent account that is in dispute for Timeshare. I stopped paying it 29 month ago. Balance is 14k. Will I have problems getting mortgage?

Asked by stasevich, Long Beach, CA Fri Jun 14, 2013

Help the community by answering this question:


You will find a big obstacle. You will likely be best served by an independent mortgage broker than any large institutional bank. You will need a direct lender. Was this answer helpful? If so please click on the "green thumbs up" or the "best answer".

Tony Vega
Antonelli Realty
1 vote Thank Flag Link Fri Jun 14, 2013
Be aware that many timeshare resorts will not let you know that they sold your debt to a collection agency, but that doesn’t mean that your credit report will not be affected.
0 votes Thank Flag Link Mon Mar 31, 2014
Hi Stasevich,

Why not get an attorney to negotiate this account for you and get rid of it once and for all? It's worth whatever you pay to the attorney fo be able to move on with your life.


Scott Miller
Realty Associates
Boca Raton, FL
0 votes Thank Flag Link Mon Oct 28, 2013
Dear Stasevich,

I would contact a licsenced mortgage broker. Here is one for you to reach out to:
Emmanuel St.Germain
Vice President
Choice Mortgage Bank
(o) 561.362.8204 Direct Line
(f) 561.277.2543
(c) 561.400.7317

Always a pleasure
Jennifer Susanne Sommers
Luxury Real Estate Specialist/Top 5 Producer
Nestler Poletto Sotheby's International Realty
200 East Palmetto Park Road, Suite 104
Boca Raton, FL 33432
Direct – 561-235-7777
Mobile/Text- 786-390-9299
0 votes Thank Flag Link Mon Oct 21, 2013
It may affect your chances of getting a mortgage. Call Preston Ware, a mortgage broker whom realtors rely on. 561-329-0075 or go to http://www.Preston Ware.com. He may be able to help you.

Marc Jablon, the Jablon Team
RE/MAX Complete Solutions
0 votes Thank Flag Link Sat Jun 15, 2013
Hi Tim,
It will make it a lot harder. Why not call Ira Goldberg with First Trust Mortgage Corp. at 561-347-2501. I am sure he could answer your questions and help you. If youi need any help finding a pproperty in South Florida lease feel free to call or email me.
Good Luck,
Jim Plotkin
Remax Complete Solutions
0 votes Thank Flag Link Fri Jun 14, 2013
Thanks. Can you share his email?
Flag Fri Jun 14, 2013
Well that will be one great big negative that will jump out on the credit report. It certainly won't help the underwriter when they go to make a decision to approve the loan.
0 votes Thank Flag Link Fri Jun 14, 2013
is FHA loan an option? Will this late account stop/make it impossible for me from getting mortgage or will just make it harder? Thanks
Flag Fri Jun 14, 2013
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