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Exit strategy

dahntahn

TUG Member
Joined
Jul 10, 2013
Messages
92
Reaction score
59
Points
229
Location
Pittsburgh PA
Resorts Owned
DVC Saratoga Springs, Hyatt Beach House, Hyatt Coconut Plantation
This is a general question. My sister owns a timeshare at Grand Pacific Palisades resort near Carlsbad CA which she is not able to use due to disability and wants to get rid of it to stop paying maintenance fees. She understands that it is essentially worthless on the secondary market and expects no financial gain. As a Hyatt owner I know that Hyatt will take back weeks if the owner wants out without getting anything in return. What other options should she consider? If they do not have a similar policy, is just walking away possible? She knows not to engage a so called exit company that has any upfront fees, but are there some that do not? The timeshare is a floating week and maintenance fees are paid up to date. Any suggestions appreciated. If this needs to go to another forum because it's not specifically Hyatt I understand.
 

Anthony Schmid

TUG Member
Joined
Dec 13, 2016
Messages
190
Reaction score
79
Points
139
Location
Orlando, FL
Resorts Owned
Grandview at Las Vegas, Elara a Hilton Grand Vacation Club, The Jockey Club, Hilton Grand Vacation Club at Coylumbridge, Hilton Grand Vacations at Craigendarroch, Hyatt Residence Club at Coconut Plantation, DVC Saratoga Springs
If this is the same Grand Pacific Palisades timeshare that can be used in Hilton Grand Vacations Club. I'm sure someone would take it for free.
Maybe try to post it on the Hilton forum and please let them know all the details like Maintenance fees, week number, unit size..etc..

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TUGBrian

Administrator
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Mar 24, 2006
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1,099
Location
Florida
has she contacted them to see if they have a program to surrender it back?
 

SmithOp

TUG Review Crew
TUG Member
Joined
Jun 17, 2010
Messages
7,609
Reaction score
3,403
Points
499
Location
Huntington Beach, CA
Resorts Owned
HGVC King's Land 2BR Premier 23.040K Points.
It should be advertised in an ad on Tug2.net and the Bargain forum here if she wants to give it away. Someone will surely pay the transfer fees.

You can ask for advice in hgv forum but not advertise there.

Sent from my SM-G970U using Tapatalk
 

elaine

TUG Member
Joined
Jun 8, 2005
Messages
5,174
Reaction score
2,093
Points
648
Location
DC
Resorts Owned
HGVC Eagles Nest, DVC-AKV, HHI
Yes, post in hgvc for advice. I don’t know if hgvc takes deedbacks.
 
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