littleredride, were you with Sedona Vacation Club or Premiere Vacation Collection (Premiere Vacation Club with ILX) ?Diamond took back our Sedona deeded week. We are pleased.
only 4 highlighted threads go into the newsletter each week, up until this week this thread was not in the newsletter.I looked back on my previous TUG receipts ....this is the first time I received this post!
I have a "library" of my TUG newsletters.
why would I not have this post from last month?
I will send out my request to Diamond shortly and hope I am not late.Had I known sooner it would have been done.
Really want to know why I would not have received that "post"! Does TUG have different mailings?
good plan. Because I don't log in frequently, I'm likely to miss notifications like this; however I don't really want to subscribe to anything DRI related, just deed backs, so I'll follow this thread.only 4 highlighted threads go into the newsletter each week, up until this week this thread was not in the newsletter.
you can however subscribe to this subforum so any posts here would send you a notification via email to keep more current if you dont visit or log in every day.
The paper work is straight forward, you are transferring your TS to them. There is no language in the paperwork at all which "deed in lieu of foreclosure" is even hinted at. So I do not believe that this will effect your credit at all.I work in lending, and have seen these timeshares show up as foreclosures on credit reports. does anyone have knowledge on whether these deedbacks would reflect as a foreclosure, deed in lieu of foreclosure, or a voluntary repo on your credit? We are looking to buy a house next year and id rather just keep the timeshare rather than destroy my credit.
YES as of the late march they were accepting Monarch Grand There charge $250 to cover the "cost"Was anybody able to get rid of your mgv? and how long it took you and how much you have to pay them?
Thank you for responding to our offer. We have reviewed your ownership and
would like to extend an offer to repurchase your interval.
System Contract# (deleted)
If this offer is acceptable please respond within 14 days from today.
Upon acceptance documents will be drafted and sent to you for execution. Upon
our receipt of the executed documents a check for the purchase price will be
forwarded to you.
Should you have further questions regarding this or any other matter, you may
reply to this e-mail or contact our Repurchase Counselors at (888) 250-6135.
- Shannon Goebel --
Diamond Resorts International®
Will this work in UK?The financial dept apparently Voluntary Surrender Program:
In order to qualify, the HOA must be up-to-date and the owner must have a zero balance on the loan.
To start this process, the owner must send an email to: email@example.com with the subject line stating: Inventory Takeback.
In the email itself the owner must include:
-Inventory owned (ie. weeks, points, etc)
-any other important information regarding the deed
within 7-10 business days, the Diamond Resorts will send an action required correspondence, where the owner will have 15 days to return.
Note: the owner is responsible for any fees associated with the paper work, such as notary, postage etc.