Sticky - Hilton Vacation Club / DRI now accepting deedbacks - Give back your HGV/Diamond Resorts Timeshare

[dioxide45]

TPNOVO, dayooper, and geist1223 thank you for the suggestions of either selling or giving away our deeded weeks. We had considered it but decided we didn’t want to deal with this. The Hilton system is complicated as it relates to Diamond. A buyer would have to do their homework to understand the implications of buying these deeds, what they would be getting and what they wouldn’t be getting. We are looking for a easier solution.

But it is really up to the buyer to educate themselves. Also note, most resale buyers are already more educated than the regular timeshare buyer/owner. They know enough already to look at resale. If you are selling deeded weeks, then it is really simple as to what you disclose in the ad. Indicate that the buyer can use their deeded week at the home resort, exchange through Interval International or exchange through DEX. Indicate they can't join The Club and can't use the point system. Direct any people asking lots of detailed questions to the TUG forum here to ask their questions.

 

[TPNOVO]

TPNOVO, dayooper, and geist1223 thank you for the suggestions of either selling or giving away our deeded weeks. We had considered it but decided we didn’t want to deal with this. The Hilton system is complicated as it relates to Diamond. A buyer would have to do their homework to understand the implications of buying these deeds, what they would be getting and what they wouldn’t be getting. We are looking for an easier solution.

I’ll admit I spent a number of hours making a lot of phone calls and finding/researching all the legal documents etc, to gather all the info my (free/buyer) requested, before taking on my deeded ownership. But compared to the alternative of waiting and hoping I could deed it back, I’m quite relieved to have rehomed it here, within a few months time, and for under $600 out of pocket, before another year of MFs were due. Perhaps a current DRI/HGVC deeded owner who already knows how they work, would be interested in adding your deeded week(s) to their own, without needing a lot more research on what they’d be taking on. Can’t know unless you try

 

[GT75]

I’ll admit I spent a number of hours making a lot of phone calls and finding/researching all the legal documents etc, to gather all the info my (free/buyer) requested, before taking on my deeded ownership.

I certainly agree with @trnovo statement. They spent a lot of time figuring out the new resale users rights on their HVC/DRI deeded ownerships. In the end, that deeded ownership was transferred to the new owners. They also did an excellent job listing the ownership. The key was (IMO) it was deeded HVC/DRI ownership.

SOLD - Ridge on Sedona Golf Resort AZ (HVC, previously Diamond), Traditional/Deeded 2 BR lock-off, Floating Week 1-52, Odd Years

Ridge on Sedona Golf Resort AZ (Hilton Vacation Club, previously Diamond) https://www.hiltongrandvacations.com/en/resorts-and-destinations/arizona/ridge-on-sedona-a-hilton-vacation-club Traditional/Deeded 2 BR/2 BA lock-off (800 SF 1 BR + 470 SF Studio = 1270 SF total space) **Can split to 1...

tugbbs.com

 

[TPNOVO]

I certainly agree with @trnovo statement. They spent a lot of time figuring out the new resale users rights on their HVC/DRI deeded ownerships. In the end, that deeded ownership was transferred to the new owners. They also did an excellent job listing the ownership. The key was (IMO) it was deeded HVC/DRI ownership.

SOLD - Ridge on Sedona Golf Resort AZ (HVC, previously Diamond), Traditional/Deeded 2 BR lock-off, Floating Week 1-52, Odd Years

Ridge on Sedona Golf Resort AZ (Hilton Vacation Club, previously Diamond) https://www.hiltongrandvacations.com/en/resorts-and-destinations/arizona/ridge-on-sedona-a-hilton-vacation-club Traditional/Deeded 2 BR/2 BA lock-off (800 SF 1 BR + 470 SF Studio = 1270 SF total space) **Can split to 1...

tugbbs.com

Thank you @GT75 - I got lots of wonderful advice and help here, so happy I found this community when I did <3

 

[geist1223]

They would be getting the Original Deeded Weeks - fixed or floating, Room View, etc. You should exchange information with artringwald. He probably does not need or want additional Weeks but he is an excellent source of info concerning Point at Poipu.