Resorts that accept deedbacks

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

Ok, so I trade my stuff for SAs, then give them back.

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

Funny, I just now noticed how old this thread is, and how the OP ran off when challenged.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

The deed-back program is working just fine at the resort I mentioned on page 4. Some of the deed backs have been prime weeks and have been resold sending some extra money to the HOA. The sad thing is that some owners still are paying people thousands to take weeks off their hands.

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

The deed-back program is working just fine at the resort I mentioned on page 4. Some of the deed backs have been prime weeks and have been resold sending some extra money to the HOA. The sad thing is that some owners still are paying people thousands to take weeks off their hands.

So, why do you think some here have so steadfastly resisted the idea?

Are they afraid they would get trampled in the stampede?

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Some resorts- high fees, overbuilt location - would indeed get an avalanche of weeks back.

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

Wow, you mean they were deceived into buying, and are not happy?

I've been reading posts from some of the newer users here, the ones I can see, and it seems that Orlando, and similar, timeshares are wonderful, maybe the best thing since sliced bread, which was invented in Missouri, BTW.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

They are wonderful, perhaps the best and most luxuriously appointed---but they are expensive to own and even more expensive to trade and so very easy to trade into.

[timeos2 Senior Member Find all posts View Profile Close timeos2]

When a developer refuse to buy your timeshare back something is wrong in my opinion. When the developer sold you the timeshare it was the greatest vacation investment for your family. Now when you are to old to use it, or you cannot travel long distances or your spouse has passed away this same developer's who sold you this great timeshare does not want to buy it back at the fraction of the cost that they sold it to you. WHY ?

When we specify DEVELOPER then you have it correct. Too many seem to think the Association/Resort should automatically take deed backs and that is incorrect. Unless they have an outlet to resell it or otherwise mitigate the fees due the Association/resorts cannot and should not commit the other owners unwillingly to those extra expenses. But the seller - the Developers - SHOULD be held accountable & should be taking them back to resell or add to "clubs" or whatever. Get the responsible party right & you have the right idea.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

When we specify DEVELOPER then you have it correct. Too many seem to think the Association/Resort should automatically take deed backs and that is incorrect. Unless they have an outlet to resell it or otherwise mitigate the fees due the Association/resorts cannot and should not commit the other owners unwillingly to those extra expenses. But the seller - the Developers - SHOULD be held accountable & should be taking them back to resell or add to "clubs" or whatever. Get the responsible party right & you have the right idea.

The hoa/bod/poa SHOULD take them back. If the resort isn't being kept up to a level equal to the cost of the mfs it is the board/association members fault and they should PERSONALLY have to take over those fees. When the developer first builds the place, it beautiful, the value is there, its these corrupt hoa/poa/bods that screw everything up

sent from the bathroom using Tapatalk 2

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

When we specify DEVELOPER then you have it correct. Too many seem to think the Association/Resort should automatically take deed backs and that is incorrect. Unless they have an outlet to resell it or otherwise mitigate the fees due the Association/resorts cannot and should not commit the other owners unwillingly to those extra expenses. But the seller - the Developers - SHOULD be held accountable & should be taking them back to resell or add to "clubs" or whatever. Get the responsible party right & you have the right idea.

Post 102:

http://www.timeshareforums.com/forum...977#post500977

Also, I have posted about a recent conversation with a "developer", that they are not allowed to assist current owners in unloading their burden until the resort is 100% sold-out.

So like just about all things in the industry over the last 25 years I have known it, everyone has their little deal set up so as to not be responsible. No one is willing to accept the dilmena, the shortcoming of the industry, no exit strategy.

This is such a huge problem, the hugest, that it is now old hat and tiresome.

[timeos2 Senior Member Find all posts View Profile Close timeos2]

The hoa/bod/poa SHOULD take them back. If the resort isn't being kept up to a level equal to the cost of the mfs it is the board/association members fault and they should PERSONALLY have to take over those fees. When the developer first builds the place, it beautiful, the value is there, its these corrupt hoa/poa/bods that screw everything up

sent from the bathroom using Tapatalk 2

Ok. So what if the Developer, who DID create a beautiful & extremely well located and designed resort, remains as the Management and runs what they built into the ground? What if the Owners manage to gain control of the HOA, boot the Developer out of Management (but they remain the exclusive sales on site until many years later due to open ended rights) and bring the resort back through better budgeting, massive unit and site improvements and a planned renovation schedule? Now they once again have a beautiful, up to date resort that can compare favorably to any new resort but has a much better location than most new ones. Yet the economy, glut of other timeshares being offered on resale and that inability to offer their own weeks for sale on site (remember that onerous documentation that gave the Developer exclusive on site sales rights) means they have no outlet for these great ownerships? Why should the 93% of owners that ARE paying have to suffer the cost of those few (<4% per year) that aren't paying & may want to "give it back"? They shouldn't. It is a viable, healthy resort that could be devastated if they "had" to take deed backs. Should that Developer, still selling on site, be forced to take deed backs? Yes. The Association? NO!

As with most things there is no one answer. Timeshares are a great example but some fail to grasp that each situation is unique and has to be reviewed according to the circumstances. Like a "ome size fits all" they never do.

[timeos2 Senior Member Find all posts View Profile Close timeos2]

Post 102:

http://www.timeshareforums.com/forum...977#post500977

Also, I have posted about a recent conversation with a "developer", that they are not allowed to assist current owners in unloading their burden until the resort is 100% sold-out.

So like just about all things in the industry over the last 25 years I have known it, everyone has their little deal set up so as to not be responsible. No one is willing to accept the dilmena, the shortcoming of the industry, no exit strategy.

This is such a huge problem, the hugest, that it is now old hat and tiresome.

You know as well as most of here that there is NO regulation or rule against a Developer assisting or selling owners weeks until the resort is 100% sold out.
And if there where many ARE 100% sold out yet the Developer remains on site selling. Often some type of club or multi-resort system but they are still selling. it is a bogus excuse and shouldn't remove them - the true cause of this situation - from responsibility.

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

You know as well as most of here that there is NO regulation or rule against a Developer assisting or selling owners weeks until the resort is 100% sold out.
And if there where many ARE 100% sold out yet the Developer remains on site selling. Often some type of club or multi-resort system but they are still selling. it is a bogus excuse and shouldn't remove them - the true cause of this situation - from responsibility.

I posted the link get your reply to what I posted in the link, not what I posted in the post where I posted the link, which is:

Tim:

Since our years together have grown respect for you, and since I count you among those within the timeshare establishment who are actually in touch with reality, and since you have elaborated what you, the HOA, and your resort does not do for owners who want out, could you please discuss the things you, the HOA, and your resort does do to help those owners?

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

The hoa/bod/poa SHOULD take them back. If the resort isn't being kept up to a level equal to the cost of the mfs it is the board/association members fault and they should PERSONALLY have to take over those fees. When the developer first builds the place, it beautiful, the value is there, its these corrupt hoa/poa/bods that screw everything up

sent from the bathroom using Tapatalk 2

If they are corrupt it is because they are developer specially picked people who will go along with the developer's line.

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

If they are corrupt it is because they are developer specially picked people who will go along with the developer's line.

FWIW, if the knowledge that comes with real experience matters any more, this is the first mention in 25 years that I have seen of corrupt HOAs. It is, generally, a non-issue. Sure, there are some who have not had enough going into sinking funds, and stuff like that, but in our 120-plus exchanges, and in the units we own, getting updated has never been a problem.

When I took our rentor to our unit two weeks ago, which is a decked-out luxury condo to begin with, I remember saying, "Wow! Look at the new flat-screen!"

In our discussion about deedbacks, and dissolution, our units could be sold as full-ownership, fully-furnished, luxury condos, without anything being done to them. There is nothing chincy or motelley about them.

The least of the worries of the industry for now is the quality of the units.