TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 24 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG has now saved timeshare owners more than $10,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $10Million dollars
    Dismiss Notice
  4. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  5. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  6. Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
    Dismiss Notice
  7. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  8. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

I Think I Own A Timeshare...

Discussion in 'New to Timesharing? Look Here!' started by CrazyChef, Jun 20, 2018.

  1. CrazyChef

    CrazyChef Guest

    Joined:
    Jun 20, 2018
    Messages:
    3
    Likes Received:
    0
    Trophy Points:
    1
    Resorts Owned:
    Star Island
    Hey, new guy here!

    So, long story short, I placed a bid on a timeshare on eBay a while back for $10. Apparently I won the auction, but never followed through. I thought that was the end of it.

    About a year later, I started getting bills for the yearly M/F. I just ignored them, because I had never signed any documents to transfer ownership. Now I'm getting collection letters.

    So I called Star Island (the resort I "own"), and they said that it was in fact deeded to me. She even sent me a copy of the recorded deed.

    So, what should I do? It's a 3 bedroom lockout, and it's week 24. Yeah, last week was week 24. :eek:
     
  2. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

    Joined:
    Feb 10, 2007
    Messages:
    18,923
    Likes Received:
    2,161
    Trophy Points:
    599
    Location:
    Twin Falls, Eye-Duh-Hoe
    At this stage I guess it depends on how you feel about obligations, vacations, and your credit rating. You placed the bid, showing you wanted it. If you don't pay your annual nut, the other owners have to make it up, and if you are going to use it or sell (give away) it will have to be brought current. I don't know how it got transferred, (recipient doesn't need to sign) but I'm not surprised that a seller was able to do this.

    If you pay it current, there is a good chance that there are some 'bonus week's you may be able to use until week 24 next year.

    Oh yeah, I mentioned credit rating. You could just do nothing and see if the resort or collection agency dings your rating. If they do, it disappears in 7 years. Or so.

    Good luck!

    Jim
     
  3. DannyTS

    DannyTS TUG Member

    Joined:
    Mar 24, 2018
    Messages:
    583
    Likes Received:
    124
    Trophy Points:
    93
    Location:
    Eastern Canada
    If true, this is outrageous. What was the transfer company?
     
    TUGBrian likes this.
  4. CrazyChef

    CrazyChef Guest

    Joined:
    Jun 20, 2018
    Messages:
    3
    Likes Received:
    0
    Trophy Points:
    1
    Resorts Owned:
    Star Island
    No idea - but she sent me the deed via email earlier today. I'm installing a new email client on my Mac right now, but I'll look up the email in a minute and see what the transfer company is.
     
  5. CrazyChef

    CrazyChef Guest

    Joined:
    Jun 20, 2018
    Messages:
    3
    Likes Received:
    0
    Trophy Points:
    1
    Resorts Owned:
    Star Island
    Okay, it just says VOCC, Inc. on top.
     
  6. Adventureisoutthere

    Adventureisoutthere TUG Member

    Joined:
    Apr 28, 2018
    Messages:
    111
    Likes Received:
    33
    Trophy Points:
    79
    This is pretty darn crazy...I "won" a Marriott timeshare, gold week for a measly $25. I'm guessing the ROFR will not be waived, so I will not actually own the timeshare in the end, but now this post is making me wonder....

    Hopefully you can utilize this $10 investment wisely
     
  7. Panina

    Panina TUG Review Crew: Expert TUG Member

    Joined:
    Jul 13, 2015
    Messages:
    2,208
    Likes Received:
    1,893
    Trophy Points:
    223
    Location:
    USA
    Resorts Owned:
    Hgvc Eagles Nest, Hgvc Surf Club at Marco Island, Hgvc Plantation Beach Club at Indian River, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort Key West, Blue Ridge Village
    Just a few questions so I can give you my opinion. What do you mean you didn’t follow thru? Does apparently mean you never knew you won. How did they get your full name and address? Did you have initial contact and if so did you tell them you didn’t want it?
     
  8. silentg

    silentg TUG Review Crew: Expert TUG Member

    Joined:
    Jul 17, 2005
    Messages:
    3,539
    Likes Received:
    918
    Trophy Points:
    348
    Location:
    Central Florida
    Resorts Owned:
    Orange Lake, Holly Tree,Calini Beach, Fitzpatrick's Castle Holiday Homes, The Pines At Aspen East
    Do you remember signing anything?
     
    Panina likes this.
  9. TUGBrian

    TUGBrian Administrator

    Joined:
    Mar 24, 2006
    Messages:
    16,822
    Likes Received:
    1,564
    Trophy Points:
    698
    Location:
    Florida
    id certainly like to see the documentation regarding the transfer of ownership if you claim you did nothing more than place a bid on ebay!
     
    theo, silentg and mpumilia like this.
  10. theo

    theo TUG Review Crew: Veteran TUG Member

    Joined:
    Mar 21, 2007
    Messages:
    8,369
    Likes Received:
    1,219
    Trophy Points:
    448
    Location:
    New England Coast
    In most states, the new grantee does not sign the new deed; only the grantor(s) signature(s) would have been required. Assuming that a correct full name and address of the new grantee appears on the new officially recorded deed, it seems very odd that the grantee alleges having done nothing more than just submit a bid on eBay under a eBay user name.
    There is definitely a piece (...or maybe several pieces) of the puzzle missing here. :ponder:

    P.S. VOCC (cited by OP as being on the deed) might stand for Vacation Ownership Closing Company, Inc., an entity located in Branson, MO, in the business of timeshare transfer (and perhaps associated with PCC's --- I don't claim to know). :shrug:
     
    Last edited: Jun 22, 2018
    WackyLucy, Panina and tschwa2 like this.

Share This Page