• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 27 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG is asking for recent reviews of older resorts, earn a free year membership!

    Read more here
  • TUG has now saved timeshare owners more than $18,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $18 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Grandview at Las Vegas deed back vs sell

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
We bought our timeshare at the GV off of eBay in 2011. Very very good deal compared to what they wanted to gouge us for when we sat through a "quick" resort presentation to get our free Cirque tickets.

Now nearly 9 years later, kids are grown up and our parent don't/won't travel far from home. Our travel style has changed as well and we no longer are using the timeshare. I started looking into selling it and yes, I didn't find TUG first. Anyways, months later and only a few hundred $$$ poorer we: a) found TUG (and joined :)); and b) investigated deeding back to Vacation Village.

After a month of back and forth with Vacation Village/Daily Management, the Board of Directors advised us through Owner Relations that it would cost $2500 USD (add over 30% exchange as we're Canucks) to deed back directly with the resort. Trying to figure out if the is "normal"or "reasonable". We've done the CBA on it and payback is about 3 years given maintenance and RCI fees, plus exchange rates and costs to go outside of your home resort (Vegas - been there done that).

We have posted the unit in the forum and I'll try eBay but trying to determine if selling worth it and any hassles or problems that may come up with no-shows or scammers.

Pros (deed back):
  • Done! No waiting to see if somebody finally decides that our timeshare is what they want.
  • Dealing directly with the company, no third party hoping the transaction goes through.
Cons:
  • Spending $2500 USD (~$3400 CDN) vs potentially nothing or very little.
  • Takes 3 years to get back to the point if we never deeded back and didn't sell.
Advice is greatly appreciated.
 

Jan M.

TUG Member
Joined
Jun 17, 2010
Messages
3,630
Reaction score
4,751
Points
448
Location
Tamarac, FL
Resorts Owned
Wyndham Presidential Reserve at Panama City Beach, Wyndham Grand Desert, Wyndham Waikiki Beach Walk, Wyndham National Harbor, Club Wyndham Access
Grandview Las Vegas and Discovery Beach Resort - Both in RCI Points
More information would be helpful to give you the best advice. Do you have a points week or a fixed week that you would get TPUs, Trading Power Units, for if you deposited it for trade? Is it a one bedroom or a two bedroom and which week is it?
 

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
More information would be helpful to give you the best advice. Do you have a points week or a fixed week that you would get TPUs, Trading Power Units, for if you deposited it for trade? Is it a one bedroom or a two bedroom and which week is it?
RCI annual 49,0000 points. 1 br, week 17
 

bogey21

TUG Member
Joined
Jun 8, 2005
Messages
9,262
Reaction score
4,420
Points
649
Location
Fort Worth, Texas
I have always subscribed to the premise that time is money. If you really want out, I'd be more aggressive. Give it away for free and pick up the closing costs. More than likely it would get done in a heartbeat and sure beat $2,500 for Deed Back...

George
 

DaveNV

TUG Review Crew: Expert
TUG Member
Joined
Jun 1, 2006
Messages
17,986
Reaction score
20,862
Points
1,198
Location
Mesquite, Nevada
Resorts Owned
WorldMark
Basically I am. For sale really cheap with buyer picking up closing costs.

If you were prepared to pay Grandview to take it back, translate that money into finding a buyer first: Give it away for free, pay the closing costs, (through LT Transfers it's only like $150 all in https://www.lttransfers.com), and if push come to shove, maybe even offer the new owner a cash incentive of a few hundred dollars at closing. Consider prepaying next year's maintenance fees for the new owner.

Free timeshares are everywhere, so you need to make yours more enticing than another. If the goal is to be rid of it, is the offer worth considering? If you delay things until you have to pay another maintenance fee, you just lost even more money. Do what it takes to get it gone, and walk away. Then you'll be done with it, which is your intention anyway.

I've given away every timeshare I wanted to be rid of by offering it for free and paying the transfer costs. If you ask the buyer to pay transfer fees and such, then your timeshare is no better or worse than someone else's. Sweeten the pot, and you'll attract a lot more interest.

Look at eBay listings, too. Tug is one resource to find a taker for a free timeshare, but eBay is a great place to also find someone.

Good luck!

Dave
 

mcsteve

TUG Member
Joined
Mar 23, 2014
Messages
237
Reaction score
215
Points
154
Location
Ontario, Canada
Resorts Owned
HGVC Elara - Las Vegas
Southwind by Spinnaker - HHI
Egret Point by Spinnaker - HHI
Vacation Village @ Weston
Great advice Dave. As someone who has been looking to add properties to his TS portfolio this year, you hit on many of the items I have been using to prioritise the properties I have been looking at. Paying closing and transfer fees is a small cost but it is a cost and if the buyer does not have to deal with these issues it makes the deal appear to be simpler. Also, prepaying with a closing company like LT or the others recommended heavily on this forum goes a long way in presenting a level of comfort for the buyer.
 

Jan M.

TUG Member
Joined
Jun 17, 2010
Messages
3,630
Reaction score
4,751
Points
448
Location
Tamarac, FL
Resorts Owned
Wyndham Presidential Reserve at Panama City Beach, Wyndham Grand Desert, Wyndham Waikiki Beach Walk, Wyndham National Harbor, Club Wyndham Access
Grandview Las Vegas and Discovery Beach Resort - Both in RCI Points
Someone will want your week especially since it's points and the maintenance fees were only about $417.50 for 2019. The 2020 maintenance fees will be due by January 1 and may go up.

In the last 15 months we've taken on two new Grandview point weeks we got from other Tuggers and gave away the two they replaced to other Tuggers who were willing to pay the closing cost and resort transfer fee.

If you don't have a copy of your deed go on the Clark County website and order one. LT Transfers will do that for you but they will charge you I believe it is $50 American to do it. You will save yourself some money and expedite the process if you either have your copy or get one sent to you. LT Transfers will charge around $215 and the resort charges $250. Both of those figures are in American dollars.

Go to the RCI website and under your name click on the Welcome Center. Page down until you see Help Library, way down on the left side. When you open the Help Library you will see Fees and Forms on the right side of the page. On the list or fees and forms you will see Membership Transfer Application, MTA. Print out the form and fill it out. If you need help filling it out, private message me and I will send you my phone number so I can walk you through how to fill it out.

If you don't intend to keep your RCI account you can transfer the account to the person taking your week if they don't already have their own points account. It costs $98 American to do that. That is also how much it will cost them to add your week to their account if they already have an account. If you want to keep your account and they have to open a new account it will cost them $222 American to do that and the price includes the first year membership fee. After you fill out your part you can either scan it and email it to the person who takes your week or you can mail it. They shouldn't send it in until they've been notified that the resort has transferred the week to their name. When the other party fills out the form and either faxes it to the number on the form or mails it in it will process a lot faster if they put their credit card on the form for the fee rather than pay by check,

Open up the Buying, Selling and Renting Timeshares forum and click on Free Timeshare Giveaways and Bargain Deals. Then decide which fees you're willing to pay and which fees the other person will pay. You are welcome to copy and paste this and fill in the blanks to post a new thread to list your week.

Grandview Las Vegas
49,000 annual RCI points deeded as week 17 in a one bedroom unit
Use year is ....... (fill in the month shown on your RCI account)
2019 maintenance fees of $417.50 have been paid. Next maintenance fees will be due by 1/1/2020.

LT Transfers fee of approximately $215 to be paid by ......You/Me
Resort Transfer fee of $250 to be paid by......
Membership Transfer Application fee of either $98 if the you already have an RCI account or if you want my account transferred to you. Otherwise it will be $222 to set up a new RCI account which includes the first year membership fee. To be paid by .......
 
Last edited:

Beach57

TUG Member
Joined
Apr 27, 2019
Messages
102
Reaction score
62
Points
89
Resorts Owned
Paradisus Palma Real and Club Solaris Los Cabos
We bought our timeshare at the GV off of eBay in 2011. Very very good deal compared to what they wanted to gouge us for when we sat through a "quick" resort presentation to get our free Cirque tickets.

Now nearly 9 years later, kids are grown up and our parent don't/won't travel far from home. Our travel style has changed as well and we no longer are using the timeshare. I started looking into selling it and yes, I didn't find TUG first. Anyways, months later and only a few hundred $$$ poorer we: a) found TUG (and joined :)); and b) investigated deeding back to Vacation Village.

After a month of back and forth with Vacation Village/Daily Management, the Board of Directors advised us through Owner Relations that it would cost $2500 USD (add over 30% exchange as we're Canucks) to deed back directly with the resort. Trying to figure out if the is "normal"or "reasonable". We've done the CBA on it and payback is about 3 years given maintenance and RCI fees, plus exchange rates and costs to go outside of your home resort (Vegas - been there done that).

We have posted the unit in the forum and I'll try eBay but trying to determine if selling worth it and any hassles or problems that may come up with no-shows or scammers.

Pros (deed back):
  • Done! No waiting to see if somebody finally decides that our timeshare is what they want.
  • Dealing directly with the company, no third party hoping the transaction goes through.
Cons:
  • Spending $2500 USD (~$3400 CDN) vs potentially nothing or very little.
  • Takes 3 years to get back to the point if we never deeded back and didn't sell.
Advice is greatly appreciated.
Try putting in it on TUB or eBay and sweeten the pot by offering to pay transfer fees, and give a gift card. I offered a $250 Visa card and I had thirty-one bids on eBay for my Las Vegas TS just last week. So far everything is going smoothly. Good luck. Just think $3500 is too much.
 

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
Updated my TUG listing to reflect all of your excellent advice. See how it goes and I'll be trying eBay soon. Summary, cost is $0.01, we'll pay the transfer fees and buyer will pick up the RCI fees as required.
 

CalGalTraveler

TUG Member
Joined
Dec 21, 2014
Messages
7,060
Reaction score
5,763
Points
498
Location
California
Resorts Owned
HGVC, MVC Vistana
I hope you are able to give it away quickly. That is the best and cleanest solution.

$3,300 CDN sounds like extortion. Especially since your MF is less than $500 per year. That's equivalent to 6 years of use!

Is the unit fully paid for? If so and giving it away doesn't work, given you are Canadian, would there be any risk to your credit etc. if you just stopped paying MF and ignored their calls? I don't think U.S. entities can touch Canadian credit files and have any muscle for legal action, but I am not a lawyer. Could save you $3,300 CDN. Search TUG for this topic and speak to a lawyer.
 
Last edited:

Jan M.

TUG Member
Joined
Jun 17, 2010
Messages
3,630
Reaction score
4,751
Points
448
Location
Tamarac, FL
Resorts Owned
Wyndham Presidential Reserve at Panama City Beach, Wyndham Grand Desert, Wyndham Waikiki Beach Walk, Wyndham National Harbor, Club Wyndham Access
Grandview Las Vegas and Discovery Beach Resort - Both in RCI Points
Updated my TUG listing to reflect all of your excellent advice. See how it goes and I'll be trying eBay soon. Summary, cost is $0.01, we'll pay the transfer fees and buyer will pick up the RCI fees as required.
Do you have it listed under the Buying, Selling and Renting Timeshares forum in the Free Timeshare Giveaways and Bargain Deals? I'm not seeing it listed. More people will see it if you do it this way than if you just have it listed in the TUG Marketplace.
 

DaveNV

TUG Review Crew: Expert
TUG Member
Joined
Jun 1, 2006
Messages
17,986
Reaction score
20,862
Points
1,198
Location
Mesquite, Nevada
Resorts Owned
WorldMark

mcsteve

TUG Member
Joined
Mar 23, 2014
Messages
237
Reaction score
215
Points
154
Location
Ontario, Canada
Resorts Owned
HGVC Elara - Las Vegas
Southwind by Spinnaker - HHI
Egret Point by Spinnaker - HHI
Vacation Village @ Weston
I think you will find that there will now be interest in your new offer. And, you are still saving compared to the deed back fee that Grandview wanted. I’d be surprised if you were not able to find a new home for this before the next maintenance fee is due.
 

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
Newbie mistake. I read the replies but didn't "read" them. Now posted in both locations. Again thanks for the great advise.
 

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
I hope you are able to give it away quickly. That is the best and cleanest solution.

$3,300 CDN sounds like extortion. Especially since your MF is less than $500 per year. That's equivalent to 6 years of use!

Is the unit fully paid for? If so and giving it away doesn't work, given you are Canadian, would there be any risk to your credit etc. if you just stopped paying MF and ignored their calls? I don't think U.S. entities can touch Canadian credit files and have any muscle for legal action, but I am not a lawyer. Could save you $3,300 CDN. Search TUG for this topic and speak to a lawyer.
Considered this as we paid very little (off of eBay), and being Canadian paid cash (can't get a mortgage in the US). We know somebody who hasn't paid MF in years, and as far as I know, hasn't heard from the HOA. Yet. That being said, I would personally feel better by transferring the deed to somebody else for what it now appears to be the equivalent of next years fees and a fraction of what DM wants to charge.
 
Last edited:

Jan M.

TUG Member
Joined
Jun 17, 2010
Messages
3,630
Reaction score
4,751
Points
448
Location
Tamarac, FL
Resorts Owned
Wyndham Presidential Reserve at Panama City Beach, Wyndham Grand Desert, Wyndham Waikiki Beach Walk, Wyndham National Harbor, Club Wyndham Access
Grandview Las Vegas and Discovery Beach Resort - Both in RCI Points
I see you have someone who private messaged you. Hope she takes it because it is an excellent deal with you paying both fees. And 128 views in such a short period of time is impressive. Don't forget to pm me if you want some help filling out the Membership Transfer Application.
 

Lowbud

TUG Member
Joined
Jan 4, 2018
Messages
20
Reaction score
6
Points
63
Resorts Owned
Royal Resorts, The Royal Cancun, The Royal Sands, The Royal Haciendas
Westgate Smokey Mountain
Vacation village Weston
Grandview Las Vegas
FWIW this year I deeded back a vacation village of weston 2br annual week 15 for $1500 USD. I wanted out of the contract because I had too many. Tried for over 6 months to give it away with no luck at all. $1015 annual MF fee I figured I would have to include at least one, possibly two years usage to move it for free. I opted to just pay the $1500 and move on.

It was quick, painless, and worth it IMHO. I think from first call to owner relations to signing the quit claim deed.. took all of about 45 days.

The weston contract was my first venture into points so it was my highest point to MF ratio which is why i wanted to part with it.

Good luck!
 

Lowbud

TUG Member
Joined
Jan 4, 2018
Messages
20
Reaction score
6
Points
63
Resorts Owned
Royal Resorts, The Royal Cancun, The Royal Sands, The Royal Haciendas
Westgate Smokey Mountain
Vacation village Weston
Grandview Las Vegas
Forgot to mention it was a points contract. 86,500 annual
 

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
UPDATE

Transfer is complete :banana: Can't log into RCI as account no longer exists and checked the Daily Management account page and timeshare is in new owners name - which means the last act is to have the new owner log in and change the account access info; this is already taking place. Shout-out to LT Transfers and their excellent job on making this a smooth and relatively quick process.

Many thanks to those who gave the excellent advise.
 
Last edited:

pharmacistking

TUG Member
Joined
Aug 28, 2019
Messages
240
Reaction score
141
Points
104
Location
Boucherville, Qc, Canada
Resorts Owned
SVV - Bella
SDO
The Grandview Las Vegas
UPDATE

Transfer is complete :banana: Can't log into RCI as account no longer exists and checked the Daily Management account page and timeshare is in new owners name - which means the last act is to have the new owner log in and change the account access info; this is already taking place. Shout-out to LT Transfers and their excellent job on making this a smooth and relatively quick process.

Many thanks to those who have the excellent advise.
How long was the total transfer time from accepted transfer to close?
 

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
How long was the total transfer time from accepted transfer to close?
In the end about two months. Initial offer was 28 Oct and Daily Management processed the transfer on 24 Dec. The deed took the longest, about 4-5 weeks with having to get documents prepped, reviewed, signed, mailed back, and filed at the County office.

Can't say enough about LT Transfers and their assistance in making this as painless as possible.
 

DaveNV

TUG Review Crew: Expert
TUG Member
Joined
Jun 1, 2006
Messages
17,986
Reaction score
20,862
Points
1,198
Location
Mesquite, Nevada
Resorts Owned
WorldMark
Glad it worked out, and happy I may have helped . Think of how much you saved by giving it away here, vs. paying a PCC to unload it for you. :)

BTW, you need to edit your "Resorts Owned" line. :D

Dave
 

klam2go

TUG Member
Joined
Oct 25, 2019
Messages
16
Reaction score
20
Points
53
Location
Campbell River, BC
Resorts Owned
former Grandview at Las Vegas owner
Glad it worked out, and happy I may have helped . Think of how much you saved by giving it away here, vs. paying a PCC to unload it for you. :)

BTW, you need to edit your "Resorts Owned" line. :D

Dave
Now "former owner".....:whooopie:
 
Top