Hello good folks. My mom recently passed and there are 6 timeshares she owned.
1. Welk 240,000 points, every year
2. Island Links (HHI), 3 bedroom EOY
3. Coral Sands (HHI) 3 bedroom, EOY
4. Marriott Newport Coast Village, Gold, 2700 points
5. Marriott Shadow Ridge Palm, Gold season, 2350 points
6. 5,000 Marriott Vacation Club Points (20 Beneficial Interests)
I have owned 2 timeshares for many years and still have them, so do have some experience. They are both in SoCal...one we use ad one we generally deposit. However, I know less about Marriott's and Welk/Hyatt,
My thoughts so far are as follows:
1. Deed back (sending both parents death certificates) for Welk, Coral Sands and Island Links. While I really enjoy Hilton Head, it's on the other side of the country for me and these are both low season weeks (Jan-Feb and Sept-early Dec). I am concerned about the rising costs of Welk and the fact that the association with Hyatt really has no benefit to Welk owners. I don't think we could realistically sell any of these.
2. My brother and I both may be interested in MVC. I also think these may have some resale value, even if it's not high. I think I like the NVC in this order: Newport, Shadow Ridge then the points. But I also don't necessarily know what I'm talking about!
I found something online about Marriott's being transferred after death to a child, but I can't find it now. If my sister were to take one and decide later she didn't want it, how hard would it be to transfer a deed sibling to sibling?
Any input you can provide to me would be very appreciated.
1. Welk 240,000 points, every year
2. Island Links (HHI), 3 bedroom EOY
3. Coral Sands (HHI) 3 bedroom, EOY
4. Marriott Newport Coast Village, Gold, 2700 points
5. Marriott Shadow Ridge Palm, Gold season, 2350 points
6. 5,000 Marriott Vacation Club Points (20 Beneficial Interests)
I have owned 2 timeshares for many years and still have them, so do have some experience. They are both in SoCal...one we use ad one we generally deposit. However, I know less about Marriott's and Welk/Hyatt,
My thoughts so far are as follows:
1. Deed back (sending both parents death certificates) for Welk, Coral Sands and Island Links. While I really enjoy Hilton Head, it's on the other side of the country for me and these are both low season weeks (Jan-Feb and Sept-early Dec). I am concerned about the rising costs of Welk and the fact that the association with Hyatt really has no benefit to Welk owners. I don't think we could realistically sell any of these.
2. My brother and I both may be interested in MVC. I also think these may have some resale value, even if it's not high. I think I like the NVC in this order: Newport, Shadow Ridge then the points. But I also don't necessarily know what I'm talking about!
I found something online about Marriott's being transferred after death to a child, but I can't find it now. If my sister were to take one and decide later she didn't want it, how hard would it be to transfer a deed sibling to sibling?
Any input you can provide to me would be very appreciated.