Hello everyone I appreciate your all’s time. Me and my Fiancé purchased a Timeshare back in May from HGVC and we have continually been trying to research ways to get out of it. We have been hit with a bunch of random fees we weren’t told about and they made us believe we would only be making payments on even years since that’s when we get our points. We still owe on the mortgage but would appreciate everyone’s advice. Thank you all so much!
I'll just rip the bandaid off.
Salesmen in every consumer field omit information that could raise objections. An extra club fee isn't that bad, though. Splitting the MF payment itself isn't costing you more than if you paid it only every two years.
As I see it, you have two options:
1. Stop paying and let it go to foreclosure, which would hit both your credit profiles as a foreclosure, of course.
2. Learn to use and enjoy what you're paying a lot of money for.
Only you know your and your fiance's financial position and your plans over the next seven years, give or take. There are a lot of happy HGVC owners, though you would rightly be advised to rescind if it wasn't too late for that. That ship has passed, though, so it's a "love it, or leave it and deal with some consequences for a few years" sitch.