Elderly Owner Getting rid of Time Share

[CAW]

My mother is elderly with dementia and no longer able to go to her timeshare in Orlando - my father passed last year. We paid her timeshare fees for last year but we just looked at selling and it seems daunting - no one wants them. The location is Blue Tree Resort at Lake Buena Vista and a 2-bedroom in Jan - seems like it would be worth something? It is now a decision of medicine or her paying timeshare this year and I think we all know that the timeshare is not going to be paid. Does the owner having no funds with dementia/alzheimers change anything? Any advice?

 

[Tia]

Tough situation. Does the resort take back deeds, check with them about this.

 

[b2bailey]

My mother is elderly with dementia and no longer able to go to her timeshare in Orlando - my father passed last year. We paid her timeshare fees for last year but we just looked at selling and it seems daunting - no one wants them. The location is Blue Tree Resort at Lake Buena Vista and a 2-bedroom in Jan - seems like it would be worth something? It is now a decision of medicine or her paying timeshare this year and I think we all know that the timeshare is not going to be paid. Does the owner having no funds with dementia/alzheimers change anything? Any advice?

I think this is a "can't get blood out of turnip" situations.
Make a phone call to Resort, tell them situation.
Let it go to collections. Don't pay anybody any amount.

 

[Passepartout]

@CAW Check with the resort and see if they will accept the deed back (for a reasonable fee). If not, and it's current, make a nice ad and list it in the 'Free Timeshares' here on TUG. Someone may well be looking for a freebie to spend a January week near Disney (or extend their snowbird stay). You (or 'mom) can always default. She's likely judgement proof and the week will go to foreclosure anyway without affecting her or her estate's credit.

Jim

 

[CalGalTraveler]

Sorry to hear about your mother. Check red week and EBay for selling info. Look at "sold" not wishful list prices. Orlando has a glut of timeshares so do not expect much if at all so deedback to the HOA is a good option if they do not gouge to you with fees and prepaid Maint Fees:

If developer refuses, you have two options:

1)You can try to give away on the TUG free timeshare forum. Use LTtransfers for paperwork. About $250.

How to Sell Your Timeshare and avoid getting scammed

How to Sell Your Timeshare (Updated 12/19 by TUGBrian) We at TUG get many questions relating to the various steps in an effort to sell a timeshare week. Here is one formula for selling your week. It is a compilation of recommendations of those here at TUG who have been through the process many...

tugbbs.com

b) walk. If you do nothing and AVOID objecting to foreclosure let it fall into foreclosure and they will take it back eventually. This may affect her credit but maybe it does not matter at this point.

 

[jacknsara]

. . . - seems like it would be worth something . . .

Sorry to hear about the situation. Others have already given good advice. I am just replying to its value. Sadly, most timeshares have negligible to negative value. Feel free to look at TUG's resales by owners listings as well as others such as Redweek. Do not engage with any "timeshare exit" business. They will take your money and do nothing.

 

[easyrider]

My mother is elderly with dementia and no longer able to go to her timeshare in Orlando - my father passed last year. We paid her timeshare fees for last year but we just looked at selling and it seems daunting - no one wants them. The location is Blue Tree Resort at Lake Buena Vista and a 2-bedroom in Jan - seems like it would be worth something? It is now a decision of medicine or her paying timeshare this year and I think we all know that the timeshare is not going to be paid. Does the owner having no funds with dementia/alzheimers change anything? Any advice?

Westgate Resorts has a timeshare exit program for Blue Tree Resort. It's called the Legacy Program.

Bill

My AI says ..."To explore potential timeshare exit options for your Blue Tree Resort at Lake Buena Vista timeshare, contact Westgate Resorts directly through their Legacy Program at 800-351-0461"

 

[dioxide45]

Westgate Resorts has a timeshare exit program for Blue Tree Resort. It's called the Legacy Program.

Bill

My AI says ..."To explore potential timeshare exit options for your Blue Tree Resort at Lake Buena Vista timeshare, contact Westgate Resorts directly through their Legacy Program at 800-351-0461"

The only thing is, I don't think all the units at Blue Tree are under Westgate control. I understand that there are either two HOAs or Westgate only owns certain units. So they may not be interested in units that are not part of their timeshare plan. It certainly doesn't hurt to call and ask Westgate and I would be interested to know what they tell this poster.

 

[easyrider]

The only thing is, I don't think all the units at Blue Tree are under Westgate control. I understand that there are either two HOAs or Westgate only owns certain units. So they may not be interested in units that are not part of their timeshare plan. It certainly doesn't hurt to call and ask Westgate and I would be interested to know what they tell this poster.

I think you're probably right.

Bill

 

[CAW]

Tough situation. Does the resort take back deeds, check with them about this.

Just called and sadly, no

 

[CAW]

I think this is a "can't get blood out of turnip" situations.
Make a phone call to Resort, tell them situation.
Let it go to collections. Don't pay anybody any amount.

Won't they come after whoever inherits after she passes?

 

[CAW]

Westgate Resorts has a timeshare exit program for Blue Tree Resort. It's called the Legacy Program.

Bill

My AI says ..."To explore potential timeshare exit options for your Blue Tree Resort at Lake Buena Vista timeshare, contact Westgate Resorts directly through their Legacy Program at 800-351-0461"

Apparently there are two Blue Tree resorts - one under Westgate and the other not - of course, she's in the not under Westgate and they said I am on my own. Ugh Thanks for the idea though!

 

[CAW]

The only thing is, I don't think all the units at Blue Tree are under Westgate control. I understand that there are either two HOAs or Westgate only owns certain units. So they may not be interested in units that are not part of their timeshare plan. It certainly doesn't hurt to call and ask Westgate and I would be interested to know what they tell this poster.

Westgate said it's not theirs and they wouldn't take it. I guess options are default or sell.

 

[VacationForever]

Westgate said it's not theirs and they wouldn't take it. I guess options are default or sell.

There is no resale value, i.e., you have to give it away for free and to sweeten the deal, offer to pay closing cost. Default is just fine, they won't go after the estate. In the meantime, the debt will be sent to collections, and credit score will drop but I think that is the least of your worry. You don't need to inherit it.

 

[vacationtime1]

Whatever you do, don't change title. Keep the ownership in your mother's name.

So when the unit is foreclosed upon, the credit hit and any other negatives stay with her.

 

[moonstone]

Won't they come after whoever inherits after she passes?

No. Nobody can ever be forced to accept anything (a timeshare, money, car or whatever) left by somebody who passes away whether there is a will or not. Any good estate lawyer will know how to advise the timeshare company that the owner has passed and there are no heirs willing to accept. If there is an outstanding purchase loan, the estate may have to pay that off before the estate can be settled. Here is the info from the TUG Help and Advice section; https://tug2.net/timeshare_advice/timeshare-after-death.html

A friend/neighbour (in Canada) discovered his mom had a sizeable purchase/upgrade loan on her FL timeshare when she passed suddenly years ago. His lawyer was able to close the estate without paying off the loan which would have almost depleted the woman's bank account. He posted several 'notice to creditors' in the local Canadian papers and of course the FL timeshare company didn't see them. He did get a few letters demanding payment but wrote on the unopened envelopes that the addressee had died and to return to sender.


~Diane

 

[easyrider]

Apparently there are two Blue Tree resorts - one under Westgate and the other not - of course, she's in the not under Westgate and they said I am on my own. Ugh Thanks for the idea though!

It would be easier on the executor of her estate to have this foreclosed on before she passes. Often times the best way out is to stop payments, go into foreclouser and take the credit hit. At her advanced age, the credit hit probably doesn't matter. The only concern might be a credit check would show this if a retirement facility requires a credit check.

You can try tug free timeshares or list it at Timeshare Nation if you're concerned about the credit hit. Here is free to list. I'm not sure of the costs to list with Timeshare Nation.

Bill

 

[b2bailey]

It would be easier on the executor of her estate to have this foreclosed on before she passes. Often times the best way out is to stop payments, go into foreclouser and take the credit hit. At her advanced age, the credit hit probably doesn't matter. The only concern might be a credit check would show this if a retirement facility requires a credit check.

You can try tug free timeshares or list it at Timeshare Nation if you're concerned about the credit hit. Here is free to list. I'm not sure of the costs to list with Timeshare Nation.

Bill

I'm not sure if they would actually file a foreclosure notice for unpaid maintenance fees.

To the OP, this is one of the harsh realities of the timeshare world.
While the right hand is selling new ownerships,
the left hand says 'your timeshare is worth nothing to us."

Hopefully your mom was able to enjoy her timeshare.

Again I will say -- DO NOT make any further payments to anyone.

 

[rickandcindy23]

I'm not sure if they would actually file a foreclosure notice for unpaid maintenance fees.

To the OP, this is one of the harsh realities of the timeshare world.
While the right hand is selling new ownerships,
the left hand says 'your timeshare is worth nothing to us."

Hopefully your mom was able to enjoy her timeshare.

Again I will say -- DO NOT make any further payments to anyone.

It's crazy to think that people are paying exorbitant prices to buy, while others are giving them away or feel stuck.

We stayed at Blue Tree once. It was decent, and I would say it could probably be given away on the Bargain Deals forum here on TUG. (It's under the Buying, Selling, Renting category).

Good luck to you, but if you don't accept it at the time she dies, no one is going to come after you, unless you are on the deed, then you will have to deal with it.

 

[easyrider]

I'm not sure if they would actually file a foreclosure notice for unpaid maintenance fees.

If it's a deeded week, the resort would have to foreclose to remove the debtors name and add their name. If it's a membership then the resort could just do what they want for the most part.

Bill

 

[gravityrules]

You could try the contact info on this page (it's not Westgate):

Owner Login

To access the owner portal, use the username and password that was emailed to you. If you did not receive it or cannot login, please call owner services at 1-800-238-6014 or ownerservices@bluetreeowners.org

bluetreeowners.org

 

[simpsontruckdriver]

He did get a few letters demanding payment but wrote on the unopened envelopes that the addressee had died and to return to sender.

After my wife died, several medical and other creditors sent bills even after the estate was "closed", I did just that. I wrote "deceased, return to sender" and put them in the mailbox. After a while, they got the hint that they aren't going to get a penny from a box of ashes (cremation).

TS

 

[silentg]

After my wife died, several medical and other creditors sent bills even after the estate was "closed", I did just that. I wrote "deceased, return to sender" and put them in the mailbox. After a while, they got the hint that they aren't going to get a penny from a box of ashes (cremation).

TS

Sorry for the loss of your wife.

 

[callwill]

Westgate said it's not theirs and they wouldn't take it. I guess options are default or sell.

Won't they come after whoever inherits after she passes?

If it is given to someone as an inheritance, it does not have to be accepted. It could be that default and foreclosure may be the easiest option particularly if she lives outside the state of florida.

 

[LannyPC]

Won't they come after whoever inherits after she passes?

Will they or can they? There's a big difference. They might do so in an effort to scare you into paying. Can they legally get the money from heirs? No!