HVC/DRI Transitions Program vs Resale/Giveaway

[CHLVOL]

Contacted Transitions Dept today about deed back of a DRI Ridge on Sedona fully paid off timeshare. It has 11,000 annual points and MF are up to date. The rep I spoke to indicated it was eligible for the Transitions Program and the processing fee to get out would be $3,872.

Because of this high processing fee, we are considering the resale or give away market and would likely utilize LT Transfers for the paperwork. Does anyone know if HVC/DRI charges a transition fee for a resale or gifting and, if so, what that amount is and how it's determined?

Thanks, so much!

 

[GT75]

Do you own a deed at Sedona Ridge? 2BR LO? MFs?

 

[dioxide45]

If your timeshare is in Arizona, it should qualify for a $250 fee to deed it back. Are you sure it wasn't somehow converted or "upgraded" at one time to one of the DRI collections?

 

[CHLVOL]

Yes, my in-laws do. Unsure on the # of bedrooms - still getting our arms around all the specifics. 2025 dues were $2891 inclusive of $302 for "The Club Dues" standard membership.

 

[CHLVOL]

If your timeshare is in Arizona, it should qualify for a $250 fee to deed it back. Are you sure it wasn't somehow converted or "upgraded" at one time to one of the DRI collections?

I'm unsure. We're in the early discovery stages of understanding exactly what my wife's parents have over a 22 year TS ownership period.

 

[TUGBrian]

yep, owners in arizona or anyone who purchased in arizona should qualify for the reduced (original) surrender fee, you should pursue it as that is a ton of money!

 

[CHLVOL]

yep, owners in arizona or anyone who purchased in arizona should qualify for the reduced (original) surrender fee, you should pursue it as that is a ton of money!

Thanks!