Revisit: Nautical Mile resort was gifted to us as wedding gift. We do not use it. New: stopped paying maintenance fees and now in collections. Am I doing it right?
Details:
-Nautical Mile Resort. Wells, ME
-Week 5. First week of February.
-Gifted to us 09/2003.
-We've used it twice. Stayed at location 06/2012. Used it to go to Martha's Vineyard a few years later.
-tried to give it back. Resort not interested.
-It is deeded to us.
-Only maintenance fees. $650 for 2026.
-Did not pay this year.
-Now in collections. Not terribly worried about the possible credit hit, exceptional credit now. Not planning on financing anything in the foreseeable future.
-We are in our 60's
Long story short, I am a bit concerned about the collections. But we simply do not want to keep paying this thing until we die.
I would love so feedback and/or sage advice.
Thank you for your time!
u/No-Maize9359 — 6 days ago