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

Have you used this information to deed-back your DRI Timeshare?

  • Yes, DRI took back my DRI TimeShare (or DRI said they will take back my TS)

    Votes: 150 87.7%
  • No, DRI said they would not take back my TimeShare

    Votes: 21 12.3%

  • Total voters
    171

TUGBrian

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isnt it wonderful that all these law firms, charities and "help" sites offer to get you out of your DRI timeshare if you pay them thousands of dollars?

there is a special place in hell for people that make a living ripping people off.
 
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skimeup

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Inn at the Opera, Grand;view for RCI points - 196000 , Hyatt Carmel, Hyatt Sedona
They finally took mine back!

This was for a Jerome unit at Los Abrigados. I stayed out of DRI when it took over the defunct ILX.

I initiated the buyback last October and it was accepted. Then they said it was a mistake and the buyback wasn't accepted. Then they sent me a bill for about $1300 in maintenance and I told them I was not paying. They could either take it back or put a black mark on my credit report. My daughter had been on title and I had removed her so the credit report disaster would be only mine,

Then they decided to go ahead and take it back. Chicago Title then insisted that my daughter be notarized again as well as her new husband, since it would be community property. No.... it wouldn't. But just to get rid of it, we all got it notarized again and today came official notice that the buyback has gone through!!!! No more 10 - 15% increases in rates. But I will miss Sedona it is true. :cheer::banana::rofl:
 

bveilleu

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Hello,

I'm also from Canada and I have a week booked in Orlando in the first week of december that I want to use...

If I send my email this week to get rid of my deed and hopefully approve... Paperwork will take between 60 to 90 days to arrive as I can read on this forum...

Do you believe I'll have to pay the 2017 maintenance fees or since the process will be started I'll be safe?

Thanks for your help!
Any Help?

Thanks

Bob V.
 

topcop400

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Northern Arizona
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Sheraton Desert Oasis
Wyndham Oceanside Pier
Wyndham Old Town Alexandria
I just received my copy of the recorded deed after going through the deed-back process. It was time for me to get out of Orlando. Phew!

I had a $700 credit on my account. Ya think I'll get that back?:annoyed:
 

Steam Punk 06

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DRI timeshare takeback

A great big thank you to this forum! My husband and I bought from Sunterra back in the mid 90s and ended up with 5,000 points. We always felt limited by the properties and locations but we made the best of it. Fast forward to 2015 and he's fighting cancer from exposure to AO in Vietnam. We didn't travel in 2016 using DRI because we wanted to see family and do things he's always wanted, rather than where the timeshare took us. We did have a few good vacations we would never have taken, don't get me wrong, but it's become a burden because we just don't know how he will be feeling when we are scheduled to travel. Also, we're looking at finances differently, thus, we wanted out. The FL veterans thing seemed attractive since it would help out other veterans but I just didn't feel right putting out the money first to a third party. Found this forum and was relieved to see instincts were correct!

October 28, 2016 we sent the inital email to DRI about the take back, listing everything that was indicated in this forum. I got a computer generated email back immediately from Loss Mitigation with a ticket number.

November 4, 2016 received another email, staing the following:
Thank you for your email. We are currently preparing the surrender paperwork,
documents will be mailed within 7-10 business days.

Just for your information, there is no compensation and there is a $250
processing fee per contract - due upon execution of paperwork.

:whoopie:
We are relieved that we can get out! The take back program still seems to be going on!!!
 

Snowbow

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Hi, it has been great to follow this thread.

9/28:I emailed loss mitigation on September 28 and received the auto email back that someone would contact me in 1-2 days.
10/5: I replied back to their email and said that I haven't heard back from them.
10/18; I received the following email: Thank you for the email. We have reviewed and approved the request. We will have the Title Company prepare and mail the surrender paperwork. Communications will come from the Title Company, to the Owner, with a NEW Surrender Deed or a Letter requesting further compliance from the Owner. We thank you ahead of time for your patience during the Surrender process.

I haven't heard anything yet from the title company, but I will follow up in a couple of weeks.

I am a deeded owner of a former Sunterra property(Scottsdale), even year studio, no points. They haven't known what to do with me the last few years since I won't buy points and I just use the unit, no exchanges, every other year. My 2017 fees have been paid in full. Hope it keeps moving forward!
 
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tstora

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I received this email on 9/10/16 but have not received anything in the mail or email.


Thank you for the email. We have reviewed and approved the request. We will have the Title Company prepare and mail the surrender paperwork. The transaction is being processed. We thank you ahead of time for your patience during the Surrender process.

I'm in a similar situation. Initially e-mailed them 9/7, then finally received that follow-up on 9/20 with them saying that they approved the request and they were having the title company draft the paperwork. I e-mailed them again 10/9 asking when I could expect the paperwork, and they replied that the timeline of the title company is unknown to them and the title company received numerous requests from them. They told me to follow up if I hadn't received anything 60 days after my initial request, so I guess I'll be e-mailing them again tomorrow.

My timeshare is in Orlando, Florida, so perhaps the title company is just busy. But it's interesting that some people get the paperwork in a manner of weeks, while others in the thread have to wait months.

In any case, fingers crossed, and thanks so much to all of the wonderful members here!
 

nightnurse613

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Initial email request mid July 2016. Received deeds on 10/5-only mild, occasional reminders. New deeds recorded 11/3/2016. I hope DRI is as happy as we are!:D Now to see how long it takes for them to close out our on-line access and their financial records.:rolleyes:
 

mrttravel

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Initial email sent November 11. Received a ticket number the same day. Received email approval November 17 indicating the surrender document would be mail within 10-15 business days. I am so happy to have found TUG and this thread as I was looking into one of those Timeshare Exit companies. Thanks to the person who started this thread and to the person who identified this deedback option for DRI owners. My timeshare was with Monarch Grand.
 

cgeidl

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We are trying. Got our ticket number on September 12th. Said papers will come from the title company and that we should Email them if not receiver within 60 days. We Emailed today as it has been over the 60 days. They do not seem to have much knowledge of what is going on or not going on at the title company. They seem responsive as to their part in the deed back but can't tell when the title company will perform. Just wonder if I could sit at the resort and offer my timeshare to those attending presentations at even less than the timeshare presentation.
 

bveilleu

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Received my mutual release agreement last week :) Since I'm from Canada I gave them a call today to know the exact procedure... notary / authentication, etc... No information was provided to facilitate understanding! I asked them if it was easier to have my paperwork done in Florida since we're going for a week at Mystic Dunes and golf resort 10 days from now... The lady said yes after putting me on hold to verify with a colleague. Said to go at Bank of America and they have notary over there that can do it for me... Any advice? Is this a good plan? Any information is appreciate.... Thank You
 

tstora

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I finally got the paperwork! I was starting to give up hope that I would receive it this year, but it finally arrived via FedEx, apparently a day after they sent it. To recap, the approximate timeline was:

9/2 - Initial e-mail request.
9/20 - Request approved.
11/29 - Paperwork received.

I bought a year membership to TUG to thank you guys so much for the wonderful resource. I figure $15 is nothing compared to the hundreds I'll save each year! Thanks again!
 

TUGBrian

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outstanding, thank you for the contribution supporting the site!

and congratulations on the successful deedback!
 

jimeilert

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A couple of years back, I was contacted by a reseller (Timeshare Realty Specialists) who committed to sell my DRI (formerly ILX) & I paid a fee. One of the "guarantees" was that they would buy it for "fair market value" ($1.10) via a broker. Only had to pay $479 to the broker (Robert Gaarlandt, Nevada National) & fill out paperwork. Next, came more paperwork from U.S. Consumer Attorneys, April 22, 2015. Next correspondence was from USCA on Jul. 17, 2015 that stated that I would hear from USCA in "approximately 60 days" with a "next update that states Mission Accomplished."
I was happy and didn't think more about it as we were in process of getting a house built in AZ and selling our OH home. I received no follow up from USCA until now - documents dated 11/3/2016, forwarded from our old OH address.
They want more signatures, notarizations, $900 for DRI, and $185 for USCA!
My question: should I pay, or contact DRI via "loss mitigation?"
 

TUGBrian

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all evidence in that post leads one to believe you are being ripped off.
 

Egret1986

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Excited to be helping a dear friend. I turned her on to this thread. She has been wanting out for some time. We hadn't seen each other in over a year and met up yesterday. The light bulb came on when we started talking about timeshares and I was reminded she was looking to alleviate herself of her DRI timeshare. I emailed her the link to this thread and the information required that was posted by Brian. Happily, she contacted DRI today and got her ticket number. I feel like she's on her way to freedom!

Yay, TUG!
 

TUGBrian

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outstanding! literally the very definition of owners helping owners!
 

sssung

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A big “thank you” to TUGBrian for providing this deed back information and fellow tuggers who helped so much in providing their experiences and information on the process!!!! I am happy to report we are completely DETACHED from DRI!!! It is such a relief :cheer:I'd like to help others by provide some timeline data:


7/28/2016: Sent email request for deed back; ticket number received within 5 minutes, but never heard from DRI.

8/5/2016: Called DRI at 1-877-497-7521 Loss Mitigation, no answer, and so left message asking for updates.

8/8/2016: Called DRI, told me request has been received and is in the review process.

9/1/2016: Called DRI, told that my request has been accepted and request has been sent to the title company for paperwork preparation.

10/25/2016: Called DRI, title research is done and the title company should contact me when they have paperwork prepared.

11/1/2016: Title paperwork sent via email.

11/7/2016: Notarize paperwork and sent all documents via USPS certified mail.

12/8/2016: Title company informed the documents to complete the deed back process have been recorded.
 

TUGBrian

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yet another success story! congrats!
 

ho tek

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Thank you to TUGBrian for this great forum and all this info.
I was hoping someone could help out? I'm doing the takeback for my parents and I just realized that they have been sitting on this paperwork for since the end of the Nov. Kinda annoying, but parents are old and didn't really know.
Two questions:
It sounds like the 30 day deadline isn't a big deal and you can submit past the 30 days as requested as stated in the letter? I guess my biggest worry is since it's close to the end of the year, if my parents don't get the paperwork in, they might be asked to pay maintenance fees for 2017? Is that a fair assumption?
I live in Canada and I'm supposed to go to a US Embassy or an American Consulate in order to get them to acknowledge the paperwork. Or I can get a local Canadian Notary to sign the paperwork then forward the documents to a US embassy to authenticate? Has anyone from Canada been successful in getting DRI to agree to just getting a Canadian Notary to notarize the documents? I had called before and asked if it was okay and the first person said it would be and now that I've called again, they say it's not allowed?
Hope someone can help and thank you again!
 

AlliTerrell

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A big “thank you” to TUGBrian for providing this deed back information and fellow tuggers who helped so much in providing their experiences and information on the process!!!! I am happy to report we are completely DETACHED from DRI!!! It is such a relief :cheer:I'd like to help others by provide some timeline data:


7/28/2016: Sent email request for deed back; ticket number received within 5 minutes, but never heard from DRI.

8/5/2016: Called DRI at 1-877-497-7521 Loss Mitigation, no answer, and so left message asking for updates.

8/8/2016: Called DRI, told me request has been received and is in the review process.

9/1/2016: Called DRI, told that my request has been accepted and request has been sent to the title company for paperwork preparation.

10/25/2016: Called DRI, title research is done and the title company should contact me when they have paperwork prepared.

11/1/2016: Title paperwork sent via email.

11/7/2016: Notarize paperwork and sent all documents via USPS certified mail.

12/8/2016: Title company informed the documents to complete the deed back process have been recorded.



That is awesome! Congrats! Question, did you still owe on your timeshare loan? I keep seeing a lot of people post that DRI released them and took the deed back, but was this successful with people who still had loans with them?
 

TUGBrian

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as mentioned in the first post, the ownership would need to be paid in full and current on any dues to qualify for this.
 

JustWantOut

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In researching how to get out of a DRI timeshare I stumbled upon TUG. Is this legitimate? Why would DRI do this? Why didn't DRI tell me about this program when I contacted them asking for a way to get rid of my DRI timeshare?

Any help would be appreciated.

Thanks
 
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