Graceful1
TUG Member
- Joined
- Sep 11, 2024
- Messages
- 10
- Reaction score
- 1
- Resorts Owned
- Villas at Polo Towers
Hi All,
Thank you for being here!
RE: 2-bedroom Lock Out / Week 50 at Polo Towers Villas, Las Vegas, NV. (Tier 5 in all seasons on Diamond's Destination XChange
Current status: I received a "Notice of Default and Election to Sell Property Under Association Lien" The letter was sent to First American Title Insurance Company I called them, and they let me know it was at the beginning of a foreclosure process due to unpaid maintenance fees, and asked me if I wanted keep it and gave me Diamond Resorts number.
Someone suggested an exit company, but my gut says there has got to be a better/cleaner way. If Diamond will do a giveback/deedback, I think I could do that, or perhaps keep and sell for $1 here. Or rent? I would love some advice as I don't even know if the timeshare is something people would want to rent or transfer to...
Before I start talking to Diamond Resorts, any pointers or advice? From the First American Title Insurance Company rep, this was not moved to HG, it's still Diamond.
Kind regards,
Graceful1
Thank you for being here!
RE: 2-bedroom Lock Out / Week 50 at Polo Towers Villas, Las Vegas, NV. (Tier 5 in all seasons on Diamond's Destination XChange
Current status: I received a "Notice of Default and Election to Sell Property Under Association Lien" The letter was sent to First American Title Insurance Company I called them, and they let me know it was at the beginning of a foreclosure process due to unpaid maintenance fees, and asked me if I wanted keep it and gave me Diamond Resorts number.
Someone suggested an exit company, but my gut says there has got to be a better/cleaner way. If Diamond will do a giveback/deedback, I think I could do that, or perhaps keep and sell for $1 here. Or rent? I would love some advice as I don't even know if the timeshare is something people would want to rent or transfer to...
Before I start talking to Diamond Resorts, any pointers or advice? From the First American Title Insurance Company rep, this was not moved to HG, it's still Diamond.
Kind regards,
Graceful1