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Canceled Upgrade, Revert or Walk Away?

R

RCDavis

newbie
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Nov 9, 2022
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I just canceled an points upgrade contract. The default would be that I would revert to the current deed/points. Is it possible for the cancelation to effect an exit (give me in the equity in exchange for the original deed)?

-RD
 
1Kflyerguy

1Kflyerguy

TUG Review Crew: Veteran
TUG Member
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San Jose, Ca
Resorts Owned
HGVC Kings Land, Elara, and Marriott Destination Club Points
Do you mean like a cash out option? No they won't do that. You will revert back to your prior ownership.
 
HuskerATL

HuskerATL

TUG Lifetime Member
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HGVC at Boulevard and Craigendarroch Lodges
Plus, you don't really have any equity. HGV offers that just to make more money off of you but the reality is that most deeds are worth about 10% of the cost of retail, if that. In some cases, people are paying others to take them to get out
 
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