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HGVC-Give Back

C

Chika

TUG Member
Joined
Jun 2, 2021
Messages
36
Reaction score
2
Location
Palm Desert, CA
Resorts Owned
Villa del Palmar, Hilton, Diamond, Worldmark, Vindanta
Medical issues are causing us to give back our

Hawaii Centum-Diamond no Debt sent notarized forms to Hilton
HGVC-Elara Still have a debt but cannot pay
Charleston Title-no debt

All free of costs except the recent 2022 Elara. Any feedback or success?
 
What is the debt you have left on your HGVC-Elara? Maintenance fees? Mortgage? Did you get in contact with HGVC or the resort's HOA to see what would be needed in order for you to give it back? If you "Still have a debt but cannot pay", then your other option would be to just stop paying any MFs and let it go into foreclosure.
 
The HGV Charleston would certainly have value, and you should have no problem selling it. Don't know anything about the value of the Diamond ownerships, and the Elara should have some value unless it is a very small or EOY deed, but as you know, it really needs to be paid off before you could sell it. Foreclosure may be the best way out of that, if you don't mind the credit score hit it would come with.

Kurt
 
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