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HGV victim (!) needs opinion :(

Hi everyone. I appreciate all the responses which made me feel much better. I have a question though. What is this TUG you're talking about and how do I become a member? What are the benefits?
 
captain74 said:
Hi everyone. I appreciate all the responses which made me feel much better. I have a question though. What is this TUG you're talking about and how do I become a member? What are the benefits?
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Look at the top of the page you are reading this on. This site is called TUG - Timeshare Users Group.

Use me as a referral if you want. LOL

You can join by looking under the Support TUG on the blue menu above.
 
captain74 said:
Yes, I exactly feel like a victim of my ignorance. I had no idea about timeshares. Had never heard of them. I used a 3 day cheap hotel offer at a Hilton, attended a presentation, awed by the seller's logic, and signed a contract... I didn't even know what I was buying was a timeshare. It sounded very logical for me then with all those calculations and having a unit for your lifetime, even after your lifetime..

Anyways.. I bought this unit in Myrtle Beach. The resort is Ocean 22. The unit is 2 BP, ocean view.

I can't believe that I owe Hilton 28K where I could've bought it for a lot less.. Of course I didn't know that.. It really deeply hurts. I am not a rich man. I thought this was a good investment (!), and that we would save money. This is the biggest flop of my life. And I need some help to ease the pain.

I just heard from someone about Redweek a few days ago. It sounds not bad that I can rent the unit and get some of my money back. Does HGV allow renting it out? And if so, how is that even going to happen? When the renters go to the property, would they be allowed to enter? Should I be there?

And in general, I kindly ask the timeshare experts here to give me some brain. How can I lower my loss? Would they ever buy back the unit? Can I just give them back? What should I do? I am so sad, I can't find words for it.
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Welcome to the club. Not only did I buy a developer purchase, I was lured in with the glitz of being part of the club. All I saw was increased maint fees and not enough points to go anywhere. I paid 39K all in for my first purchase. What makes matters worse is I was in my early 20s. No internet in your pocket to check for places like tug. As a matter of fact I just paid someone 850 to take my unit. What did I do? I bought more units in the same system with more points on resale for cheap and now I’m actually enjoying and using my ownerships. I rent when I need as well. So I didn’t get out, I learned and bought more. Even now I’m heavily contemplating a DVC. I don’t need it but I want it. Lol.
 
captain74 said:
Hi everyone. I appreciate all the responses which made me feel much better. I have a question though. What is this TUG you're talking about and how do I become a member? What are the benefits?
Click to expand...
You’re in TUG. Timeshare users group.
 
captain74 said:
I read that there is paid membership. It's what I am asking.
Click to expand...

If you click on the menu item on this page called "Support TUG" there is an option to "Join TUG". Follow that - pay the $15 and you'll be happy you did.
 
As a member you, you get access to a few parts of the site that are only allowed for members.

You get access to:

Reviews - which provides reviews from TUG members, and most are a lot of descriptive than what you find on tripadvisor or RCI.
Sightings - in which if someone see a week they feel might be of interest to others and it is available in some system they will post notification her on TUG, usually in RCI or II, but someones other sites too.
Ad - Your membership comes with a supply of Ads so that you can post your own rentals if you like.

And hey you support this cools site, all for the whopping charge of $15.


Once you are a member providing detailed reviews and referring other members gets you adds up and may give you free years membership. A certain number of referrals and you become a Free lifetime member.
 
captain74 said:
I read that there is paid membership. It's what I am asking.
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Yes there is a paid membership. See post 57 above. It’s worth it.
 
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