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Old December 12, 2013, 05:31 PM   #1
Xan
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Question How do you get out of DRI pts forever?

Newbie here and a few yrs into DRI points, 2 Trusts. Anyone know how I can actually (& easily) get out of these systems permanently/forever? LOL

I just want to not have the yearly maintenance fees anymore. Bought retail both times, system seemed great idea, but can't figure this out and only used points for MF's and airline miles. (Rolled some over).

I'm holding off till the last minute to pay my 2014 MF's.

The MF's are too high, and I'm confused w/system!

I need help on what to do with points, is there a way to "rent" them or any suggestion. I know I can list for sale, but I don't even know what to do if anyone actually wanted my points!

Thank You in advance!!!

Last edited by Xan; December 12, 2013 at 05:42 PM.
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Old December 13, 2013, 02:30 AM   #2
csalter2
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Quote:
Originally Posted by Xan View Post
Newbie here and a few yrs into DRI points, 2 Trusts. Anyone know how I can actually (& easily) get out of these systems permanently/forever? LOL

I just want to not have the yearly maintenance fees anymore. Bought retail both times, system seemed great idea, but can't figure this out and only used points for MF's and airline miles. (Rolled some over).

I'm holding off till the last minute to pay my 2014 MF's.

The MF's are too high, and I'm confused w/system!

I need help on what to do with points, is there a way to "rent" them or any suggestion. I know I can list for sale, but I don't even know what to do if anyone actually wanted my points!

Thank You in advance!!!
You will get some assistance here and you can also go to our DRI Members site on Facebook. There are all DRI members from all over the world in the DRI system that can give you ideas and tips to get the maximum from your membership while you have it.
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Old December 13, 2013, 04:12 AM   #3
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DRI Value

Read some of the FAQ's. As a silver level you can enjoy some nice vacations. Using points for airline miles is not the best use of your investment. Your points have no resale value. If you live close enough to a DRI resort think about using it as a 2nd home. Frequent weekends at a resort are great!

Stephen
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Old December 13, 2013, 04:14 AM   #4
Xan
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Thank You! My first choice is to figure out how to get out of the high fees! Everything is paid up through 2013 and is free and clear of any mortgage or assessments.
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Old December 13, 2013, 04:34 AM   #5
Xan
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At least I managed to use some of the points the last two years to help relieve some costs in other things. I have zero 2013 points, and 21000 2014 points, too late to use for 2014 maintenance fees!

I just got back from 2 weeks on Kauai using my "PF Weeks", so anything is out until at least late April-May. I also have enough spacebanked weeks for about 3-4 nice vacations in the next year and a half, not counting my Kauai time! (The only place I would like to be 24/7!). Financially not feasible at this time!

Thank You!
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Old December 13, 2013, 09:39 AM   #6
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Quote:
Originally Posted by Xan View Post
Thank You! My first choice is to figure out how to get out of the high fees! Everything is paid up through 2013 and is free and clear of any mortgage or assessments.
Probably not what you want to hear, but the only way to permanently end fees is to sell (give away) your timeshare. Look at the stickies at the top of the Buying, Selling, Renting forum for a guide on how to do it if you are unsure. Most likely you will have to pay the 2014 MF to make it attractive enough to a potential buyer. Nobody is going to relieve you of something that will cost them the MF in a month. It wouldn't even transfer before then IF you has a ready buyer.

Alternately, hang around TUG and learn how to maximize your use of it. Many, if not most, TUGgers started out just like you. Bought timeshare at retail, not sure how to use it. Found TUG. Banded together with others and are happy timesharers.

Best wishes.

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Old December 13, 2013, 12:57 PM   #7
Xan
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Thank You Jim!
I've been looking at all the resales here and across the internet and realize I'm going to have to give it away, but this not one of the point systems that seem to have any buyers! I'm sure I'm going to have to talk to DRI and somehow work it out that it can sell with all the extras (Club, II, Silver Level, both trusts together, etc..). I fought a few years ago to get one member #, so I received the Silver Level, but assessments/MF's, yearly point allotment are still billed seperately in each trust.
I appreciate all the help, and looking forward to more!
Thank You!
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Old December 13, 2013, 07:58 PM   #8
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It is not fast or easy but I sold our 16,000 points for $1 on TUG. It took three months but there was a buyer. Good luck.
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Old December 13, 2013, 08:26 PM   #9
Xan
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Thank You!

I will have to sort through my papers and make some phone calls to find out exactly what I have a "right" to sell.

I will just have to be patient, in the long run I think it is the best thing to do. My "home" resorts are beautiful and in great locations, but for what I pay each year in MF's, I could be putting that money into other things!

Thank you Again....I'll have to in the meantime research how to use my points better! (Actually learn how to read the point calendars at resorts I may be interested in.)
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Old December 13, 2013, 09:06 PM   #10
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Quote:
Originally Posted by Xan View Post
Thank You!

I will have to sort through my papers and make some phone calls to find out exactly what I have a "right" to sell.

I will just have to be patient, in the long run I think it is the best thing to do. My "home" resorts are beautiful and in great locations, but for what I pay each year in MF's, I could be putting that money into other things!

Thank you Again....I'll have to in the meantime research how to use my points better! (Actually learn how to read the point calendars at resorts I may be interested in.)
If you own in Hawaii, could you book high demand weeks and then rent them out. It should more than cover your MFs
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Old December 13, 2013, 09:14 PM   #11
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Getting out of Diamond Resorts European Collection

Diamond Resorts European Collection seems to have provisions spelled out for getting out of an ownership. See, for example, their response to Question 4 in...

https://cmsprod.diamondresorts.com/s...ions_final.pdf

I am not aware of anything like this for the US or Hawaii collections. Perhaps someone else can help here.
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Old December 13, 2013, 09:50 PM   #12
Xan
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Thank You!
I will check this out!
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Old December 14, 2013, 12:38 AM   #13
csalter2
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Different County so Different Rules

Quote:
Originally Posted by bobpark56 View Post
Diamond Resorts European Collection seems to have provisions spelled out for getting out of an ownership. See, for example, their response to Question 4 in...

https://cmsprod.diamondresorts.com/s...ions_final.pdf

I am not aware of anything like this for the US or Hawaii collections. Perhaps someone else can help here.
The European members can get out due to bankruptcy, being 75 years old and medical problems. However, except for maybe bankruptcy there is not a way to rid someone of their timeshare other than selling them. Timeshares are like homes in the US. They are yours if you pay for them.
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Old December 14, 2013, 02:54 AM   #14
Xan
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Did read all the questions and answers for the European Trust, almost sounds like death is not an excuse to get out of your points and membership!

I found the part about turning your points into weeks before selling with a resale company interesting! I thought they wanted all weeks to covert to points and purchase more points!

Looks like I will have to find another DRI member that wants more points, or be my "immediate family member"!

I need to comb through my documents to see what hidden clauses I have!
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Old March 15, 2014, 12:38 PM   #15
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How do you get out of DRI pts forever?

Quote:
Originally Posted by momeason View Post
If you own in Hawaii, could you book high demand weeks and then rent them out. It should more than cover your MFs

OP (Xan), I have to second this advice. At least that way you can use it once every few years and have it cover the mf when you don't. It takes a little work, but it is feasible.


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Old March 15, 2014, 12:43 PM   #16
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Quote:
Originally Posted by Xan View Post
...

Looks like I will have to find another DRI member that wants more points, or be my "immediate family member"!
...

Exercise extreme caution here. TS companies have gotten smart to the family member/will-transfer/add-a-name-and-later-quit-claim ruse. Both you and the other member may be in for a nasty surprise when you finally bail.


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Old March 16, 2014, 08:42 AM   #17
Xan
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How do you get out of DRI points forever?

I'm in the process of giving my points back to DRI.

Just waiting for them to get to my paperwork in the pile!
Loss mitigation dept is overwhelmed w/more of the same.

I did this all legally through DRI.

Sure I would of loved to make any of my initial purchase price back, but this was the best and easiest solution. Our reason to get out met all of the criteria and we have proof to back up with!

I wish it could of worked out, but the long term financial obligation is not feasible for us, due to a financial hardship our family experienced.

DRI new CEO as of Jan 1,2014 is now David Palmer, SJC is in a different position.
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Old March 16, 2014, 01:32 PM   #18
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Quote:
Originally Posted by Xan View Post
I'm in the process of giving my points back to DRI.

Just waiting for them to get to my paperwork in the pile!
Loss mitigation dept is overwhelmed w/more of the same.

I did this all legally through DRI.

Sure I would of loved to make any of my initial purchase price back, but this was the best and easiest solution. Our reason to get out met all of the criteria and we have proof to back up with!

I wish it could of worked out, but the long term financial obligation is not feasible for us, due to a financial hardship our family experienced.

DRI new CEO as of Jan 1,2014 is now David Palmer, SJC is in a different position.
What were the criterias required and which DRI resort did you owned ?
SJC Is the CEO of Diamond Holding.
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Old March 17, 2014, 01:51 PM   #19
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Question

Xan, please tell everyone your secret?.
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Old May 1, 2014, 11:19 PM   #20
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Commenting to follow
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Old May 2, 2014, 03:58 PM   #21
Xan
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Our family had a legitimate "financial hardship", and I met all the qualifications of being totally up to date with all fees and no 2014 year usage.
Actually we have never used our points for a resort stay!

Really can't say much more. (Clause)

I am seeing people actually buying resale points now for a $1 and are willing to pay the transfer costs! So, there are people that are able to learn to use their points to maximize their ownership!

Good Luck to any other owners!
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Old May 3, 2014, 07:00 AM   #22
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Thumbs up

I am very happy for you and your family. Good luck.
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Old May 3, 2014, 07:56 AM   #23
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Thank You!
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Old May 3, 2014, 08:25 AM   #24
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Once it's out of your name can you disclose their criteria for taking it ?
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Old May 3, 2014, 12:22 PM   #25
Xan
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No, everything is confidential. Contact their Loss Mitigation Department for more info. (Sorry, I don't have the phone or contact info.)
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