- Joined
- May 20, 2006
- Messages
- 49,660
- Reaction score
- 21,066
- Location
- NE Florida
- Resorts Owned
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Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Some people just won't go into default though. There is a big stigma around default. I suspect they use the fee to deed back as a method to temper demand for deed backs. Open it up to being free and the HOA or developer gets flooded with more weeks than it knows what to do with. Put the fee there and some people will just keep paying.I totally agree that they can do all of those things and make an owner who wants to get out of their timeshare jump through other hoops that you didn't think of but if there are too many hoops or they are too high and expensive owners will just stop paying maintenance so their Deed Back Program didn't accomplish what the primary purposes of the program is; avoid maintenance deliqencies, avoid the costs of foreclosure, get the Property back in inventory so it can be resold quickly, get a maintenance paying owner for the Property quickly.