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[ 2022 ] Help me sell In-laws Elara Timeshare (a Hilton Grand Vacation Club Resort)

Hello Rocketman,

My name is Katherine and I am looking to buy at the Elara. Please let me know if you would be interested in selling to me? I just joined this site because I almost bought a timeshare from the developer. Thank Goodness for the 7 day right to rescind.
My email is katherinecrowe2@gmail.com if you would like to consider it. Katherine
 
I’m sure there are many on TUG who would be interested in buying this deed (including myself). Of course, ideally the OP would find a way to maximize use of it for his family first and only if not then resort to selling it.


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I also could be interested in buying this TS. Maybe you could start a bidding war on this thread. :) Good luck!!!!
 
I do not own with HGVC but was interested in the conversation.
Based on my, and my children's experience, if possible, I would consider keeping it. From the time my children were in pre-school, they have been spoiled by staying in timeshare accommodations. They have very fond memories of returning year after year to the same family of resorts. They are now in their 20s and have had 20+ years of family travel. It is arguably a gift your in-laws could give to their grandchildren. My children are looking to continue the traditions with their families.
 
I talked with my in-laws today. They're not certain on where to find and book using their points. I assume there's some sort of website where they use a username and password, is that right? Can anyone advise me of the website?
 
Rocketman22 said:
I talked with my in-laws today. They're not certain on where to find and book using their points. I assume there's some sort of website where they use a username and password, is that right? Can anyone advise me of the website?
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Here you go:

club.hiltongrandvacations.com

Hilton Grand Vacations - Home Page

Hilton Grand Vacations is committed to the idea that life is incomplete without vacations. Our distinctive resort collection features luxurious accommodations in renowned destinations with the quality service that is synonymous with the Hilton name.
club.hiltongrandvacations.com club.hiltongrandvacations.com
 
I was reading through the thread and noticed you are from Nebraska and someone mentioning to sell if you don’t live on the West coast. I live in South Dakota and own HGVC in Hawaii. We have traveled to Hawaii 3 times in the last 5 years, been to the HGVC in Hilton Head, Las Vegas and are planning a trip to HGVC Crane in Barbados. Just because you live in the Midwest, I don’t feel all is lost. I find easy flights to Denver, Vegas, California, Florida, etc. Yes, Hawaii takes some planning but I wouldn’t say that if you don’t live on the West coast…you are toast. There are other HGVC locations other than Hawaii. Those are low MFs, and I suggest learning the system. The people here are super helpful and so is the HGVC website. Good luck and happy planning!
 
Thanks everyone for the assistance last year. My whole family took a couple of vacations this year using the Hilton Grand Vacation Points (Las Vegas and Orlando) and thoroughly enjoyed it! That said, my in-laws are ready to sell the timeshare at this time. I still have 1,728 points left this year and another 11,200 Club Points coming on Jan 1st. The maintenance fee is $1,188.37 and due by the end of the year. As previously mentioned, my in-laws bought it outright for $41k in 2015, so there is no loan balance on it. I will be doing some research on a fair value and be posting for sale soon.
 
Rocketman22 said:
Thanks everyone for the assistance last year. My whole family took a couple of vacations this year using the Hilton Grand Vacation Points (Las Vegas and Orlando) and thoroughly enjoyed it! That said, my in-laws are ready to sell the timeshare at this time. I still have 1,728 points left this year and another 11,200 Club Points coming on Jan 1st. The maintenance fee is $1,188.37 and due by the end of the year. As previously mentioned, my in-laws bought it outright for $41k in 2015, so there is no loan balance on it. I will be doing some research on a fair value and be posting for sale soon.
Click to expand...
It would be great for your family if your in-laws could transfer ownership to you and you could enjoy many more great vacations. HGVC is such a great system and easy to use. Most of us here on TUG are always looking for more points to buy, and that is a desirable deed. I have used most of my HGVC points for 2024 already and am going to borrow from my 2025 points soon. Now that you have had a taste for the places you can visit and know how to use the system, perhaps you could consider keeping it in your family! The real value in the $41K your in-laws paid is the memories you can make every year in a great timeshare system.
 
This is a desirable deed. Will sell for somewhere in $5500 - $6500 range. Make sure to save the 11.200 2023 points to 2024 before Dec 31 or those points will be lost.

Brokers typically charge $1500 to the seller further reducing your net take. Better to list on TUG2.net and Redweek (verified) and use LT Transfers, Timeshareclosingsforless.com or Resort Closings. These are reputable third party escrow services.

Keep that $1500. The broker doesn't add much value when you have a desirable deed like this because there is demand.

If you don't want to deal with buyer tire kickers, but want to save some money, use Redweek Full Service which includes a broker for the transaction for about $450. Redweek is where brokers list their units anyway.

You can also set first use to 2024 amd have the buyer reimburse your 2024 MF in escrow. Bank your 2023 1000 points and offer that for free as an incentive.

This will sell this quickly if priced appropriately. Or keep it and enjoy this desirable deed to realize max value.
 
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For real, if the vacations were good, the deed is owned outright, and paying the annual MFs isn't a financial burden, I'd seriously consider keeping the deed and using it. Selling it might bring in about $6k, but if HGV has resorts in places the owner likes to visit, one would be spending a lot more to visit those places on the economy than with HGV, particularly with a $0.10/pt deed like that one.
 
The nice thing about ownership is it keeps vacations as a priority. We took our kids to many great destinations and have many amazing memories. They grow up so fast and before you know it they are moving on. The nice thing is now we can keep vacationing and use it to get out of the cold in the winter.
 
Rocketman22 said:
Thanks everyone for the assistance last year. My whole family took a couple of vacations this year using the Hilton Grand Vacation Points (Las Vegas and Orlando) and thoroughly enjoyed it! That said, my in-laws are ready to sell the timeshare at this time. I still have 1,728 points left this year and another 11,200 Club Points coming on Jan 1st. The maintenance fee is $1,188.37 and due by the end of the year. As previously mentioned, my in-laws bought it outright for $41k in 2015, so there is no loan balance on it. I will be doing some research on a fair value and be posting for sale soon.
Click to expand...
Really seems like it should be kept in the family.

Probably won't go down much more in value. If you don't need to sell it and you can get value from it. Use it would be my vote.


Best of luck and happy travels.
 
This is one of the best deeds in the entire system! I'd keep it if there was any way you can hold on. I sold (2) of these deeds for $8750 on ebay this year. That's about the high end of what its worth. I only sold because I bought for low and sold for high and bought more deeds with it.
 
bighgvcowner said:
This is one of the best deeds in the entire system! I'd keep it if there was any way you can hold on. I sold (2) of these deeds for $8750 on ebay this year. That's about the high end of what its worth. I only sold because I bought for low and sold for high and bought more deeds with it.
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It won't let me edit so I wanted to clarify. I sold each deed for $8750 each. If I were you i'd list it for 9-10K on ebay and take offers. Then transfer with LT transfers.
 
An EOY deed of the same week just sold on eBay for ~$2900.


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