• Please check out the review contest thread here vote for the best review and cast your vote for the best review to start 2020! winner gets a $50 gift card!
  • The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG is starting a new contest that will award $50 to the best review submitted within the next two weeks!!

    Read more here
  • TUG has now saved timeshare owners more than $14,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $14 Million dollars
  • We completed the upgrade of the TUGBBS forums recently and are still working on issues/customizations/changes etc. Please post in the thread in the ABOUT TUGBBS section with your feedback. Note if you are unable to log in or access the forums please email us at tug@tug2.net!
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Perhaps my Request on info about not paying maintenance fees at Village at Parkway too specific!!

gumbow719

TUG Member
Joined
Jun 11, 2005
Messages
136
Reaction score
41
Points
238
Location
Maryland
I would appreciate hearing info from anyone who has not paid maintenance fees at any resort and what their experience was? I think responses might help myself and others as we think of ways to eliminate maintenance fees, as we get older and can not use the resorts as much..
Thank you, Bill
 

Passepartout

TUG Review Crew: Veteran
TUG Member
Joined
Feb 10, 2007
Messages
21,978
Reaction score
5,818
Points
799
Location
Twin Falls, Eye-Duh-Hoe
Consider PMing @Grammerhero he seems to have assembled a database of people who have defaulted and their results.
 

tonyg

TUG Lifetime Member
Joined
Jun 6, 2005
Messages
1,282
Reaction score
128
Points
373
Location
Connecticut
Resorts Owned
Acadia Village Resort
I think the best start might be to contact the resort and ask if they have an exit program. Make sure you mention that you cannot afford to keep paying fees and will no longer be doing so- no matter what the repercussions are.
 

Eric B

TUG Member
Joined
Jun 10, 2017
Messages
1,695
Reaction score
1,095
Points
224
Resorts Owned
Massanutten, Wyndham, Vidanta Estates, Buganvilias Sky Suites, Colonies at Williamsburg, Captain Morgan's Retreat
As suggested, @Grammarhero would be a good resource for info on folks that have done that. Probably best to check with the resort HOA re: deedback program to see if they have one, but you would be best off learning about what the best potential results of non-payment are for a resort in Florida and how to respond in order to avoid the downside of defaulting on maintenance fee payments. There is a large collection of info in a sticky thread on the state by state laws that he put together that would be worth looking into, IMHO you should learn what your rights are first and seek to give the HOA the option to take the week back before you do something like just not paying.
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,052
Reaction score
1,334
Points
313
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, Williamsburg Plant 4L/4 & 2/2, DRI South Bend 1/1
I would appreciate hearing info from anyone who has not paid maintenance fees at any resort and what their experience was? I think responses might help myself and others as we think of ways to eliminate maintenance fees, as we get older and can not use the resorts as much..
Thank you, Bill
Try to deedback first. I know Williamsburg Plantation sometimes does deed backs.

Out of 18 MF reported defaults I received on TUG, 3 got reported to credit agencies, none of the 3 were Vacation Villages (VV).

Out of 4 VV reported defaults, one got reported to the credit agencies, but that was a mortgage loan default.

A MF TS owner defaulting in FL might be wise not contact the resort or respond to mail. Doing so preserves that TS owner’s right to anti-deficiency, meaning the resort can take nothing more than the TS, although it can report said MF-defaulting TS owner to the three credit agencies.
 

Attachments

Last edited:

gumbow719

TUG Member
Joined
Jun 11, 2005
Messages
136
Reaction score
41
Points
238
Location
Maryland
Thank you for the suggestions to date..I am 70 yrs old, our credit is frozen with the credit agencies for over 20 years now..could care less if I default maintenance fees and they report to credit agency.. Again, thank you..
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,052
Reaction score
1,334
Points
313
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, Williamsburg Plant 4L/4 & 2/2, DRI South Bend 1/1
Thank you for the suggestions to date..I am 70 yrs old, our credit is frozen with the credit agencies for over 20 years now..could care less if I default maintenance fees and they report to credit agency.. Again, thank you..
If you decide to default, would you PM me on whether your credit got affected? It would help tuggers moving forward.
 
Top