Should we get back our deeded week from Hilton? 😬

[Doodlebug28]

Yesterday my husband and I did a sales meeting with Hilton. We have owned week 35 in Va Beach (Beach Quarters) during Labor Day week for the past 10 years. While our children were young, this week worked out great for us, but now that they are older and can’t miss as much school, it’s just not working for our schedule. Also, the resort has gone down hill over the years, yet the maintenance fees have gone up. We were thinking that the point system will work better for our lifestyle now so that we can take multiple small trips vs. a whole week. Yesterday we were talked into receiving credit towards points for what we put into Beach Quarters and then of course paying the difference for a total of 5500 points. Out the door this cost us $9800. We will have a $1400 maintenance fee and the $311 fee each year. They gifted us 12500 bonus points to be used by the end of 2026. They basically told us with the 5500 points we’d be able to travel 14-21 days (of course not during peak season). We have 6 days left to get this deed back. Can someone please help us know whether we made a good decision?

 

[JohnnyO]

Go search the TUG classifieds for FREE or $1 timeshares. There is also a forum called FREE timeshares. That should give you some very obvious evidence about your retail purchase and what you could get for the money you just spent. Points as a concept is not a bad idea and does provide flexibility. But how you get those points, how much you pay upfront, and continue to pay in maintenance fees is a very important calculation. And most importantly ... where do you really want to go?

Many will come here and tell you to rescind that "deal" and then come back to TUG and get educated on how to make best use of your timeshare and your timeshare money. We AGREE 100% ... RESCIND now. Follow all the guidelines to rescind in the contract you signed. If it is such a great "deal" those salespeople with still welcome you with open arms later and gladly take your money.

 

[dayooper]

Yesterday my husband and I did a sales meeting with Hilton. We have owned week 35 in Va Beach (Beach Quarters) during Labor Day week for the past 10 years. While our children were young, this week worked out great for us, but now that they are older and can’t miss as much school, it’s just not working for our schedule. Also, the resort has gone down hill over the years, yet the maintenance fees have gone up. We were thinking that the point system will work better for our lifestyle now so that we can take multiple small trips vs. a whole week. Yesterday we were talked into receiving credit towards points for what we put into Beach Quarters and then of course paying the difference for a total of 5500 points. Out the door this cost us $9800. We will have a $1400 maintenance fee and the $311 fee each year. They gifted us 12500 bonus points to be used by the end of 2026. They basically told us with the 5500 points we’d be able to travel 14-21 days (of course not during peak season). We have 6 days left to get this deed back. Can someone please help us know whether we made a good decision?

In my humble opinion, no. I would rescind. You can keep what you have, exchange it into DEX (HVC/DRI's internal exchange program). $9800 for 5500 HVC/DRI points is outrageous. Except for certain circumstances, you will not be able to get 14-21 days with, especially if you are taking your kids. Maybe stretch those with studios, but at that price, it would be cheaper to use hotels.

Here are the point requirements for HVC/DRI. Most of these are affiliates (they say so in the heading of the resort). The US resorts start at page 54.

https://cmsprod.diamondresorts.com/sites/default/files/us-member-benefits-book-combined_27_0.pdf

 

[WaikikiFirst]

told us with the 5500 points we’d be able to travel 14-21 days

LOL. For HGVC, a 1 bdrm will be 700 /night or more, maybe much more, so that is at most 8 nights with 5500 pts. 14-21?????? The New Math.
Sounds like Diamond. I don't know if there are much cheaper 1 bdrms around Diamond, but still, no way. also sounds like you might need a 2 bdrm, since you talk abotu older kids in school. So for a 2 bdrm, take that 8 nights and chop off 3. 5 nights maybe, unless Diamond has some major loopholes.
Moral: almost nothing you heard from them is true.

The other fundamental thing to understand: the $1400 MF on that many pts makes the "contract" worthless. People will give theirs to you for free. $1400 / 8 nights = $175/night. $1400 / 6 nights = $233/night. Is that better than the price for a hotel? There is no "value" there, just being tied into a "system"
Plus, when doing this calc, you must add in the yrly member fee + any reservation fee to get the real cost. You may end up with about $1800 for 5 nights in a 2 bdrm. $360/night would be a bargain for some places, def not for others.

Now I have a new metric for Diamond Pts: MF = $0.255/Pt. I looked at it 2 yrs ago. It was $0.20 to $0.22, so makes sense.
For Diamond, this seems to be Y = mX + b, with b >$0 so "b" makes the MF/Pt for smaller contracts higher than for bigger contracts. wouldn't be hard to calculate, but never bothered ... OK. $0.255/Pt

 

[vacation911]

I would rescind and evaluate the resale market. If they offered the deal today, they would take your money later. Unless you are okay with losing the purchase price in its entirety there is no need to rush and commit.

 

[dioxide45]

You need to read the contract very carefully. They are quite slick in how they verbally present such a deal but the details are often much different. It is possible they simply added an additional contract to your ownership and now you will have what you had before and what you just bought. The "credit" they gave you may not be credit at all and is just there to make you think you got some kind of great deal when they would have sold you what they did for the same price without the so called credit. You don't learn about all this until it is too late to cancel. So cancel/rescind now while you can. Even if everything presented as what they promised, you are still better to cancel and learn about other options. You only have one chance to cancel the contract now.

 

[TUGBrian]

would be a very poor use of 10,000 dollars.

glad you found TUG in time to rescind and save!

 

[JohnnyO]

would be a very poor use of 10,000 dollars.

glad you found TUG in time to rescind and save!

Hundreds of Timeshare Owners have found TUG & saved Millions of dollars cancelling timeshares!

4/2025 UPDATE: PASSED 24 MILLION DOLLARS IN CONFIRMED CANCELLATIONS! 8/2024: Passed 23Million! 1/2024 UPDATE: PASSED 22 MILLION DOLLARS IN CANCELLATIONS! 8/2023 UPDATE: PASSED 21 MILLION DOLLARS IN CANCELLATIONS! 2025 Video Celebrating the $24 Million dollar refund Milestone! This...

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[Doodlebug28]

Yesterday my husband and I did a sales meeting with Hilton. We have owned week 35 in Va Beach (Beach Quarters) during Labor Day week for the past 10 years. While our children were young, this week worked out great for us, but now that they are older and can’t miss as much school, it’s just not working for our schedule. Also, the resort has gone down hill over the years, yet the maintenance fees have gone up. We were thinking that the point system will work better for our lifestyle now so that we can take multiple small trips vs. a whole week. Yesterday we were talked into receiving credit towards points for what we put into Beach Quarters and then of course paying the difference for a total of 5500 points. Out the door this cost us $9800. We will have a $1400 maintenance fee and the $311 fee each year. They gifted us 12500 bonus points to be used by the end of 2026. They basically told us with the 5500 points we’d be able to travel 14-21 days (of course not during peak season). We have 6 days left to get this deed back. Can someone please help us know whether we made a good decision?

Thank you everyone for your advice! We wrote and delivered a letter to the sales department today to cancel our purchase and get back our deeded week. So glad we found this website!

 

[artringwald]

Thank you everyone for your advice! We wrote and delivered a letter to the sales department today to cancel our purchase and get back our deeded week. So glad we found this website!

You absolutely did the right thing. Small contracts like that are impossible to get rid of. HVC is currently asked owners to pay 150% of the annual fees to get HVC to take it back. Last I heard, the buyback program was suspended indefinitely. Congrats on deciding to rescind. Now remember not to take any calls from them. They'll try really hard to get you to change your mind again. Maybe even more perks. In the long run, you don't want to consider those offers either.

 

[vacation911]

Thats great, Congrats on saving the money!

 

[elaine]

Make a sure you send letter with return receipt via us mail asap to the cancellation address in your documents also. That address is not necessarily the local sales department. You have 1 chance to do it correctly.

 

[jackio]

Make a sure you send letter with return receipt via us mail asap to the cancellation address in your documents also. That address is not necessarily the local sales department. You have 1 chance to do it correctly.

Agreed. Follow the cancellation instructions exactly.

 

[dioxide45]

Make a sure you send letter with return receipt via us mail asap to the cancellation address in your documents also. That address is not necessarily the local sales department. You have 1 chance to do it correctly.

Agree. All the advice given here and they come back to say they delivered it to the sales office. I doubt that is what was in the contract. Ugg. It might work out, but not a chance I am willing to take with tens of thousands of dollars.

 

[elaine]

Be sure to get proof of mailing, return receipt is ideal. Good luck.

 

[FunnyFarm]

good job rescinding.
we have a deeded week at Poipu. we go for thanksgiving with ocean front. that would be about 16000 points.
No realistic way to get 2-3 weeks with 5000 pts

 

[artringwald]

good job rescinding.
we have a deeded week at Poipu. we go for thanksgiving with ocean front. that would be about 16000 points.
No realistic way to get 2-3 weeks with 5000 pts

It's possible if you don't mind a short notice stay at a run down resort.

This special offer is even better, but probably requires attending a presentation.

The sales person wasn't exactly lying, but certainly wasn't disclosing that 5000 points won't get you much of anything.

 

[yodaDaenerys]

Thank you everyone for your advice! We wrote and delivered a letter to the sales department today to cancel our purchase and get back our deeded week. So glad we found this website!

it doesn't sound like you rescinded properly. read the contract, if you still have a copy. i wouldn't be at all surprised if the sales office immediately trashed the letter you gave them.

hopefully i'm wrong and you are all set. just be certain to follow the instructions in the contract for cancelling.

 

[elaine]

Update-OP replied back to my pm to check this TUG post-appears he sent to both sales and address on docs and has also gotten email saying rescind is being processed. Elaine