WALK AWAY FROM TIMESHARE

nooneyouknow wrote:

...this timeshare crap seems relatively insignificant right now.

Agreed, but it does provide a brief, temporary diversion just the same.

all of the "sell my timeshare" scams want their fees upfront. a rather mixed saying: when i see the show, then you'll see the money. till then, scat off. i could have been more colloquial but..........kids might be reading this stuff.

There are many opinions on the current COVID 19 crisis, but these RedWeek Forum pages are for timeshare discussion, so please make sure any post you make is relevant to timeshare topics. Thanks!

chrisv126 wrote:

...all of the "sell my timeshare" scams want their fees upfront.

Correct. Never, ever pay anyone a large, upfront fee to sell, rent out, market, or "cancel" your timeshare. Those are all scams. Any legitimate seller will take its fees out of the proceeds of the sale, not upfront.

oops, user error

Understand.

But . . . COVID is a topic very relevant to the lodging industry.

Kinda hard to just ignore the danger of staying in a "condo" that some strangers just stayed in, and changes occupants 50 times a year, at resorts that have dozens, hundreds, or thousands of strangers sharing common amenities, often in close proximity.

Oh, I see you already know it's an important topic for timeshares:

https://www.redweek.com/covid19

Yes we have to discuss the affects of the virus on our travel plans but one person tried to turn it into a political battle . Unfortunately when we deal with timeshares we usually have to make reservations six months or longer in advance . We also don't have a crystal ball and we cannot predict when this crisis will be over .

As we see there are different opinions on when people think it is safe to return to " normal ' . I have decided not to travel at least until next year . There is a good chance I will lose my week this year but that's the price I will have to pay to be safe . Everyone has to make their own personal decision about their own plans .

You can certainly discuss COVID 19 as it relates to timeshare travel on the Forums. We have had a few posts with personal opinions about how COVID 19 is being handled in the U.S. with no reference to timeshares or travel. These posts were removed.

Thanks REDWEEK for weeding out the trolls !!!

I guess I didn't see the posts that were deleted.

I applied for Transitions with Diamond Resorts. I don't have any loan balance. I pay my maintenance fees monthly through SurePay. I was denied eligibility to exit saying that I had to pay 2020's maintenance fees in full to qualify. Transitions text says "You must be current on the payment of all maintenance fees UP TO THE YEAR FOR WHICH YOU ARE RELINQUISHING" -- That does NOT say 'through the end of the year.' My first effort to apply for Transitions, they tried to say I was 'past due' (not true since I have had SurePay withdrawing on the 1st of every month). Now, DR says year's worth of fees must be paid in advance to apply for the Transitions exit. Any suggestions? Ready to walk away. Several instances of misleading/lying/pressuring I've dealt with that seem violations of legal business practices. I just kept hoping for something better. I have a legitimate request to exit.

When we were in your position we gladly would have only paid for all of the year we were deeding it back. We had to pay for one more year, and I had to lobby the resort for many years to allow us to do that.

At another resort they wouldn't do it at all.

I don't understand what you are saying....can you write it differently? What year did you 'pay for one more year?' A year beyond the year you applied to get out? And, what do you mean by 'had to lobby the resort for many years to allow us to do that'?

Really? Hmm?!

"One More Year" means one extra maintenance fee . . . . the year they took it back was already paid and they required another year's MF?

Lobby means asking, in the manner that a yippy little dog that grabs hold of your pants cuff and won't let go. A friendly, persistent little dog.

In 2008 we owned 6 weeks, 3 each at two resorts, and I started to get rid of them. I asked both resorts to take them back, for free of course. One resort refused altogether, and I wound up giving two of them away, keeping a third one for year-round amenities rights.

In 2011, we bought a house, and live half the year where we previously had used a timeshares to stay a few weeks. The other half a year we have had a house for 20 years where we previously used a timeshare to stay a few weeks.

I kept asking the second resort to take them back, and they kept refusing. I gave two of them away. Then, in 2019 that resort notified me that they would take it back, with us paying the 2019 and 2020 fees. So I did.

The resort that did not take them back was contentions and unfriendly. The second resort was the opposite, understood our situation, put me at the top of the list, and took it back when they figured out how to make it work for them. Actually, it was a prime Spring Break ski week that we had always rented out, and, at the very least, the resort can do that for three times what we were paying in fees.

In recent years we bought a week at a third resort, also for year-round amenities rights, sold it at a small profit, and bought a "better" week at the same resort, a foreclosure they had taken back. That resort rents our week out, earning them a commission in additional to the annual fee we pay. We get our entire annual fee back, plus a little more. Even if we didn't, the annual fee is a reasonable amount for year-round beach access and amenities. A little extra is nice.

If someone left me a timeshare as an inheritance I would not be stoked

chrisa506 wrote:

If someone left me a timeshare as an inheritance I would not be stoked

"Stoked" or not, you would never have to accept a timeshare inheritance in the first place. You can simply disclaim it.

The only instance in which you would not be able to disclaim a timeshare inheritance would be if your name had already been placed on the associated deed, essentially making you a co-owner.

Exactly. I see it on these sites all the time. People think they have to inherit something. If your name isn’t on it you are not responsible. Timeshare, parents car, parents house. If you don’t want it don’t take it. You are not responsible.

I walked away from Whindam resorts 3 yr ago. I found out whindan posted on eqhifax "MORTGAGE REPOSETION" I was denied parent plus federal loan based on that reposetion report.. to me that is a serious consequence. Whindam has a not working phone on the report and other phone numbers I found to contact them also not functioning or not answer without option to leave a message Anybody with a similar experience?

Hi.

Tks for your post. Is it true that I don’t need to inherit the timeshare if my name is not on the deed? I never signed anything so I couldn’t be on there if I didn’t sign correct?

Can you elaborate on walking away? The company will not take it back. Tks! Do you have experience with companies who assist is dissolving the contract? I’m worried about the timeshare co going after my parents assets. Tks!

If we don’t have a mortgage any longer and just responsible for the annual maint , what’s the best way to dump it? Our timeshare has no market value and the company will not take it back.