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transfer fees

whereart

newbie
Joined
Aug 22, 2019
Messages
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Resorts Owned
hilton elara
I want to gift my Hilton Elara timeshare to my nephew. Hilton is quoting me over $1000 to do that. Does that sound right? A lot of money to give something away.
 

dayooper

TUG Review Crew
TUG Member
Joined
Apr 14, 2018
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349
Location
The Land of Ice and Snow
Resorts Owned
HGVC: The Flamingo, The Boulevard
I want to gift my Hilton Elara timeshare to my nephew. Hilton is quoting me over $1000 to do that. Does that sound right? A lot of money to give something away.

Not sure on gifting, but the going rate when purchasing resale is $409 for the transfer fee and $609 for the enrollment fee for a grand total of $1018. That doesn’t not include the $176 club dues. I’m not sure if there is any other closing costs as they are usually a separate company.
 

jbroner

TUG Member
Joined
Mar 31, 2019
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Location
Florida
Resorts Owned
Wyndham Bonnet Creek
Wyndham Great Smokey Mtn.
Wyndham Grand Dessert
Wyndham Club Access
Hilton 2br Platinum Sea World
Hilton 2br Grande Gold Elara
I want to gift my Hilton Elara timeshare to my nephew. Hilton is quoting me over $1000 to do that. Does that sound right? A lot of money to give something away.
Maybe just add him to the deed and change the address on the account. You would still be responsible if he doesn't pay the yearly fee's though.
 
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