WALK AWAY FROM TIMESHARE

Absolutely. I used our own lawyer, the one who drew up our wills, etc. Hometown boy. He just listened to my story, told me to come back the next day, had a great document put together in legalize. Did the trick for me.

donp196 wrote:

If anyone decides to use an attorney . Choose one where you live and can walk into his or hers office . NEVER use one you " heard about " on the internet .

FYI found out today timeshares often only keep paperwork 10 years. They couldn’t even find my paperwork.. bought it 14 years ago. And neither of us could find the contract. I’m walking not paying another dime.

It's a New Year.

I bet that if everyone who wants to "walk" "walks" this year, there will be some changes in the industry.

By ARDA's own "claim", 15% of timeshare owners are dissatisfied. If just the dissatisfied "walked", it would have an impact.

One should not feel at all bad about "walking" from something that does not perform as represented, or that no longer fits their needs. Nor should they be swayed by those who are satisfied, whose interests are self-centered.

Even "'til death do us part" does not mean that.

I agree with the assessment that if enough people walk away from the timeshare/maintenance fees. A revolt of this magnitude has to be addressed. Just make sure that you don't have any $$$ left on the note. That will effect your credit. Maintenance fees/ time share and collections be damned. Good luck.

Sounds like a logical plan to me. Also, has it ever been in the news that a person who decided to do what you're planning on doing, just not paying the maintenance fees, walking away in other words? If so, I'd like to hear about it. My gut tells me that we're our own worst enemy. People say this will happen, that will happen, all, of course, bad things to you and your credit rating. So, maybe in some instances your credit rating takes a slight hit, so what? I'm talking about having to go to court, your lawyer against their lawyer. I personally have never heard of it. Ever.

I own a fixed week at Elara HGVC Las Vegas which was purchased back in 2008. It's been fully paid for long time ago but find it difficult and a chore to use. I've long contemplated in getting ride of it and finally decided to make some phone calls a few weeks ago. I came to learn of this site on HGVC resale recommendation [to resell].

Based on all the feedbacks from others here and in consideration that HGVC does not offer any deed back program for my building, I think my next best option is to proceed to walk.

I don't have any credit history in US being non-US citizen and highly doubt will ever move/live in the state so nothing to ruin.

Will keep all the advises and this thread in mind moving forward. Thank you and all the best in year 2020.

Funny . . . for the 20-plus years we used our weeks, and enjoyed our 150-or-so timeshare vacations, I always said that when we were done, we'd just walk away.

But, then, we didn't. I kept paying fees at resorts we did not use, and rented the weeks out to reduce the bleeding.

Like the timeshare attorney I talked to on another forum years ago, I just kept pestering our resorts, and advertising our weeks for free. As I found new owners, I prepared and recorded the deeds myself.

Anyone could do that, but no one should have to.

After ten years, and giving away six weeks, one of the resorts finally offered to take our last week there back. They charged an extra year's fee, a transfer fee, and the recording fee, but I went ahead and did it, just to have it over with, even though I could have kept the week in the Owners Rental Program until I found someone to give it to.

We still have two weeks, which we own for year-round day-use, and which I rent out, one at a profit and the other really close to the annual fee . . . so the year-round day-use is free-ish. We're going to our local 'Beach Club" today.

What were we talking about?

Sounds like you were and are into timeshare in a big way. I only had 2 weeks to deal with back in the day. I also rented out the weeks to help defray the maintenance fee costs. Then it became impossible to get anywhere close to prime time weeks for renting. It was hard finding people who wanted to go to Mexico in July and August. No two businesses are the same. When I told them I was done with them, no more maintenance fees, nothing, that was the end of it. No extra year's fee, no transfer fee, no recording fee...over with. Bottom line, you seem at present to feel good about your situation. Well, I guess that's all that matters.

nooneyouknow wrote:

Funny . . . for the 20-plus years we used our weeks, and enjoyed our 150-or-so timeshare vacations, I always said that when we were done, we'd just walk away.

But, then, we didn't. I kept paying fees at resorts we did not use, and rented the weeks out to reduce the bleeding.

Like the timeshare attorney I talked to on another forum years ago, I just kept pestering our resorts, and advertising our weeks for free. As I found new owners, I prepared and recorded the deeds myself.

Anyone could do that, but no one should have to.

After ten years, and giving away six weeks, one of the resorts finally offered to take our last week there back. They charged an extra year's fee, a transfer fee, and the recording fee, but I went ahead and did it, just to have it over with, even though I could have kept the week in the Owners Rental Program until I found someone to give it to.

We still have two weeks, which we own for year-round day-use, and which I rent out, one at a profit and the other really close to the annual fee . . . so the year-round day-use is free-ish. We're going to our local 'Beach Club" today.

What were we talking about?

I used to be involved with Bluegreen I stopped my payments, told them the hell with them that has been 3 years absolutely nothing has happened because it is a fraudulent scam so quit scaring folks! It's all scare tactics!! If you are smart, stop paying like I did!!!! Oh yeah, I owed over $12000 on a fake mortgage, stopped paying and never paid maintenance fees!!

STOP PAYMENTS TODAY...THANK ME TOMORROW!! THEY ARE BULLIES!! QUIT GETTING PUNKED! KEEP YOUR HARD EARNED MONEY!!!! 👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍

CRY ME A RIVER!!

didn't see that coming

But it would be fun if 1.5 million (ARDA's estimate of dissatisfied owners) did just "walk away".

I bet there would be some fast changes in the industry, owner-friendly changes aimed at making the timeshare experience better, rather than abusive, archaic policies designed to use imprisoned owners as a cash cow.

Earlier I mentioned we have whittled down to just two weeks, which we own for year-round day-use of amenities, and that I put them in the owners' rental program or rent them out myself. One is a Week 1 SWFL beach resort. This year's fee is $533, which we have paid. The resort rented it out, and we get $675, the resort gets $225, and we have year-round day-use. No losers there.

That's an example of a better experience.

Yeah, it can be done if the industry/resort wants to do it.

I would like to hear from anyone who walked away from a Diamond Resorts time share. I thought I was buying into a new program, but it turns out it was the same points program I already had.

Beware of any of these "Great Results" postings. We have a bunch of Time Share Trolls that frequent this page, trying to dissuade people from taking action. Some may be industry types or time share sales websites. Either way good job to all that have dumped there Time Shares, time share industry be damned.

Are mine "Great Results" postings?

Giving away six weeks, for free, doing all the document and recording work myself, and taking ten years.

Is that Great Results?

Just asking, cuz not many others posting here.

henrye30 wrote:

I would like to hear from anyone who walked away from a Diamond Resorts time share. I thought I was buying into a new program, but it turns out it was the same points program I already had.

DRI has had a "deedback" program in place for some time now. I vaguely recall that DRI charges a $250 fee, but I am not sure if it is available for a non-deeded "points" package. If deedback is an available option, a clean, mutually agreeable parting would seem to be a better option for peace of mind than just "walking away". Of course, there must be no unpaid loan balance and no unpaid maintenance fees in order to be eligible for "deedback" in the first place (this is the same policy for virtually any timeshare resort or "chain" that accepts deedbacks). DRI's deedback fee is among the lowest I've heard of; only Wyndham's "Ovations" program is lower (i.e., it's zero). Good luck.

"Deedback" acceptance seems to be a growing trend. More and more "chains" (and independent resort homeowner associations too) have come to realize that accepting return of a unwanted ownership via voluntary, lawful "deedback" is much less expensive and much less time consuming than having to untangle the legal mess and muddled ownership situations created by the (far too many) fraudulent and useless so-called "exit / release / escape / rescue" parasites out there, all happily taking people's money but ultimately providing nothing of any use or value in return.

I want to walk away from my timeshare. I have one week in San Diego that is fully paid for.I am sick of the ever growing fees that have tripled since I bought it.. I asked them to buy it back at a fraction of what I payed for it but they were not interested...So I am willing to just walk away from it all. I am not paying another fee again. I moved overseas and never plan to return to the states. I gave up my US passport because I plan to retire on the Med somewhere and don't want to have to file US tax returns for a country I will never live in again. I have a EU passport and currently live in Asia till I retire in 5 years. I frankly don't see what they can do to me other than send me letters and try to call me which I can just rip up and hang up on them. . I don't care about my US credit rating as I am almost sure that it only applies in the USA. Surely their tentacles can't reach out globally. No doubt they will try and be very threatening but at the end of the day, How on earth are they going to sue me in Asia.

They're not.

Walk.

I would list it for sale . San Diego is one of the most popular places to visit in the US and they aren't saturated with timeshares like Orlando .

After reading your message, I'd have to say you have absolutely nothing to worry about. Even if you were staying, not giving up your passport etc., I'd still say you have nothing to worry about. You are paid up, just forking over those maintenance fees which is nothing but a huge pain! You could try what one of the other reader's suggested which is selling it. Good luck, and of all the people who've said they're walking away from their timeshare, you for sure have the least to be concerned about.

marinap44 wrote:

I want to walk away from my timeshare. I have one week in San Diego that is fully paid for. I moved overseas and never plan to return to the states. I even gave up my US passport because I plan to retire on the Med somewhere. I have a EU passport and currently live in Asia till I retire in 5 years. i frankly don't see what they can do to me other than send me letters and try to call me which I can just rip up and hang up on them. . I don't care about my US credit rating and I am almost sure that it can only apply in the USA. Surely their tentacles don't reach out globally. No doubt they will try and be very threatening but at the end of the day, How on earth are they going to sue me in Asia.