Sharing my experience with the Deedback process:
In September 2024 I contacted Vistana to deedback 2 different contracts. Both gold season at WKV. The entire process was finalized in late December 2024. The deedback process itself was easy -- it was making my 2025 reservations which was challenging.
- Vistana made me pay 2025 MFs which means I have usage through 2025.
- I had to pay estimated 2025 MFs in September in order to start the deedback process. Then they "froze" my ability to use the online reservation system. 2025 reservations had to be made within 30 days with a "live person".
- Making these reservations was very difficult and required multiple phone calls and being transferred around. The agents who immediately answer the phone call no longer saw my ownership in their system so it had to be passed along to some higher up. PIA. The big kicker is that because reservations had to be made in fall 2024 and I couldn't use the online system, I was essentially not able to make a reservation for fall 2025 in a non-WKV resort (which I would typically do at the 8 month mark). Fall is when I like to travel so I wound up booking two random weeks at WKV fall 2025. I'll use one and who knows what I'll do w/the other one. Typically I'd use one of those weeks to go to Colorado.
- Then when I received the closing documents in December there was a tiny more $ that I owed on 2025 MFs b/c what I paid in Sept was estimated. Took many many phone calls to find someone who could help me with that (again - can't do any of this online b/c once the deedback process begins you are "frozen out" of all online access). The phone numbers which the title company gave to me to take care of this weren't valid phone numbers.
- Then in mid December I received a flurry of emails from Sheraton, Vistana, and Marriott regarding my Sept 2024 WKV reservations. Cancelling and then rebooking them. To the point where I was unsure if my reservations still existed. Why I was getting emails from Sheraton is still confusing to me. I had to make another phone call to confirm that I still have these reservations. (I do).
I bought these contracts on TUG so didn't mind doing a deedback at all as I paid practically next to nothing for them (Thank you TUG). Feel like I got good use for the years I had them but these have run their course. Also really really tired of the entire Vistana/ Marriott system. So difficult to make reservations. The website is just horrific. PIA to put someone else's name on a reservation. I absolutely laugh at the "Owners Updates" . My final straw was when my daughter stayed at one of the Orlando properties and they charged her for handling a SMALL package which I sent to her at the resort. Why would I want to buy more when it's so difficult to actually use what I own?
I do have one remaining contract which I'll keep for a bit. I love going to Palm Desert in the spring and that ownership works well for that.
Honestly grateful that I was able to return these and to get out from under the MFs.