Time to move on

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

Has your moving on been orderly? Has it been fairly easy for you to get rid of them? Can you offer Exit Strategy advice, like you offered advice on using them?

Someone, somewhere once said that every owner will someday not want them any more, not need them anymore, and not use them any more for one reason or another.

It has not been orderly IMHO. The one timeshare we've given away took far more effort to get the company to transfer ownership. What should have taken a month took 6 months.

DRI agreed to take back their two timeshares. The original E-mail was on 8/31. Their acceptance was on 8/31. To date I have not received paperwork. Presently I'm weighing my options with DRI. I have a couple of friends who are lawyers but, a written agreement by E-mail to take back our weeks in principle likely wouldn't be considered a binding agreement. That leaves me with the options to stop paying and allow them to go into foreclosure or pay this years fee's and begin the process of attempting to give the weeks away. Right now I'm pretty ticked with DRI. This will be the second time they've agreed in principle to take the weeks back, then not held up their end of the bargain. Believing them has kept me from listing the weeks as available on various sites and could result in our holding the MF obligation for 2016.

We have not moved on our MVCI weeks as of yet. I anticipate there should be come residual value (a sales prive vs giving them away). Because of that I don't feel as much pressure to unload them first.

Our French Quarter week, our Grand Lodge week and our HGVC week continue to remain affordable so I'm not in as big of a hurry to move those weeks.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

About the same (no, not really) here.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

As my employment situation has made my schedule often unpredictable, I have unloaded all of my exchange weeks. I am down to one ''own to use'' week which I can rent or let family members use if my schedule does not work out, as it did not this summer. The resort is self managed, with a member elected board, and m/f's have to be approved by vote of the membership, not just the board. I am even thinking of buying a second summer week at that or a similar resort.

The key is member control of the resort. Developer control is asking for trouble, and many management companies also bear close watching.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Posted on another forum today:

"My timeshare nightmare is over, and my credit took little or no hit whatsoever. The collection company put a comment on the credit report for non-payment of maintenance fees. So what, you can survive up to two on the report, by walking away from your timeshare, and as of today my credit rating is back up to where it was before. And having a good spam / call blocker on your cell is a good idea too. The only way to force the timeshare industry to change and implement a timeshare return system is to hurt them where it counts, in the $$$ area. All the best to you that have your timeshare."

scottm421
Today Dec 08, 2015