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Timeshare Users Group
United States
Registrace 14. 02. 2008
This is the official CZcams page of the Timeshare Users Group www.tug2.net. This is for hosting videos by TUG to help educate Timeshare owners and anyone interested in the Timesharing Concept. TUG is a veteran founded, family owned/run consumer advocacy organization that has been providing the truth about Timeshare for over 30 years and was the very first Timeshare Website on the Internet!
Please Subscribe to the channel if you find our content interesting, as we give away a FREE TUG membership for every 50 subs! All current subs will be eligible for the giveaway and winner will be chosen at random! no purchase necessary
Please Subscribe to the channel if you find our content interesting, as we give away a FREE TUG membership for every 50 subs! All current subs will be eligible for the giveaway and winner will be chosen at random! no purchase necessary
Tug Weekend Update Livestream 8/18/24
Sunday night livestream Q&A with TUG! Free membership giveaways and TUG personal assistance live!
tentative agenda:
new newsletter!
123k bbs members
closing in on 3k youtube subs
sirs reports - reserves/maintenance fees
smaller independent resorts in trouble due to rising costs?
live personal assistance
free membership giveaways
bluegreen forum upgrade
46 million in resales (nearly 71m total)
recent wyndham vacation - sales presentation fun!
trend for costly deedback programs
Official TUG website: tug2.net
Resort Ratings/Reviews: tug2.com
Timeshare Marketplace: tug2.com/timesharemarketplace
Free owner forums: tugbbs.com/forums
tentative agenda:
new newsletter!
123k bbs members
closing in on 3k youtube subs
sirs reports - reserves/maintenance fees
smaller independent resorts in trouble due to rising costs?
live personal assistance
free membership giveaways
bluegreen forum upgrade
46 million in resales (nearly 71m total)
recent wyndham vacation - sales presentation fun!
trend for costly deedback programs
Official TUG website: tug2.net
Resort Ratings/Reviews: tug2.com
Timeshare Marketplace: tug2.com/timesharemarketplace
Free owner forums: tugbbs.com/forums
zhlédnutí: 169
Video
How to Post a Timeshare Resale Listing in the Timeshare Users Group Marketplace
zhlédnutí 318Před dnem
A 2024 update from an old video instructional guide we posted many years ago! Here is the current step by step process for posting a listing in the TUG marketplace along with some tips and suggestions on how to improve your listing and make it more attractive to a potential buyer! Post your resale listing on TUG today! More than $70 Million dollars in successfully sold and rented Timeshares to ...
Club Wyndham Ocean Walk Video Walkthru of room 1823 (2bedroom lockout) in August 2024
zhlédnutí 191Před dnem
This is a video walkthrough of a 2br lockout (rooms 1823 a and b) ont he 18th floor of the north tower at club wyndham ocean walk. Stayed here for a quick end of summer vacation with my two kids and had a blast! View all the photos and reviews on TUG: tug2.com/resorts/resort/Wyndham-Ocean-Walk/description View the amusing story of my Timeshare Sales Presentation check in experience: tugbbs.com/...
Holiday Inn Club Vacations Cape Canaveral Room 2305 Video Walkthrough!
zhlédnutí 190Před měsícem
This is a quick video walkthru of room 2305 in building 2 (oceanfront) of the Holiday Inn Club Vacations Cape Canaveral resort! We stayed in this resort in July of 2024! you can check out the full detailed review of this room and this resort on TUG! tug2.com/resorts/resort/Holiday-Inn-Club-Vacations-Cape-Canaveral-Beach-Resort/description Official TUG website: tug2.net Resort Ratings/Reviews: t...
ARDA and TUG Tackle the Tough Timeshare Issues Together: Round 1
zhlédnutí 546Před měsícem
This interview is the first in a series that provides a platform for ARDA, the association that represents the Timeshare Industry and Timeshare Users Group the first and largest Consumer Advocacy Organization for Timeshare Owners to discuss and debate the most important and enlightening topics that both owners and developers face today. Join Brian Rogers as he hosts Jason Gamel the President an...
Can I give my Timeshare back to the resort if I dont want it anymore? The Timeshare Minute Ep. 3!
zhlédnutí 1,9KPřed 2 měsíci
This Third installment of the Timeshare Minute answers one of the questions we get asked on a daily basis and that is "Can I just give my timeshare back if I dont want it anymore"? This 60 second answer is a must watch for ANY owner looking to get rid of an unwanted timeshare! Exit and cancellation companies DEPEND on you not knowing the truth about your options to get rid of your timeshare bec...
How to exit a Westgate Timeshare in 60 Seconds! TUG Timeshare Minute Episode 1!
zhlédnutí 867Před 3 měsíci
TUG Timeshare Minute ep2: How to get rid of a Westgate Timeshare in 60 seconds! the newest series on TUG focuses on 60 second answers to the most common questions we get from owners on a regular basis! These are intended to be short and to the point, but providing you with real and truthful answers you simply wont get anywhere else! As always, TUG provides countless additional free resources an...
Still owe on your Timeshare and want out? Here are your options! Talking Timeshares Episode 41
zhlédnutí 1,1KPřed 4 měsíci
Talking Timeshares Episode 41: How do I get rid of my timeshare if I still owe money for it? In this video we discuss the options all owners have to exit an unwanted timeshare if they still owe money on it! We also share the secret strategy used by timeshare exit and cancellation companies that they charge so much money for knowing full well you can do it yourself for free! If you are wondering...
Mexican Timeshare Resale Scams: Easily Spot & Avoid those that Target Mexican Timeshare Owners!
zhlédnutí 926Před 5 měsíci
Talking Timeshares Episode 40 This short video from TUG discusses a recent USA TODAY article covering Mexican Timeshare Resale scams! These common scams are on the rise this year and are especially effective against owners of Mexican Timeshares! Thankfully they are extremely easy to spot and we hope that anyone watching this video or finding TUG will be able to easily avoid becoming the next vi...
Top 25 Most Sold and Rented Timeshares for 2023 - Talking Timeshares Episode 39
zhlédnutí 2,3KPřed 6 měsíci
Tug releases its top 25 most sold and rented timeshares list for 2023! Full list including past years available here for free: tug2.net/timeshare_advice/timeshare_sales_rental_history.html TUG releases historical sales and rental data for the marketplace each year and makes it available to any and all Timeshare owners to see what the most successfully sold and rented timeshares are year in and ...
Get a phone call about selling or renting your Timeshare? It is Always a scam!
zhlédnutí 817Před 8 měsíci
Fact! Noone legitimate in this industry makes cold calls to Timeshare owners about buying/selling/renting a Timeshare! Only Scammers! One of the most common scams targeting timeshare owners today is a random company making cold calls to owners with amazing sounding offers to buy, sell or rent out your timeshare and provide you with a hefty sum of money! This scam is extremely effective vs owner...
Exploria Resorts' Terrible Advice given to owners looking for Timeshare resale or exit help!
zhlédnutí 1,2KPřed 10 měsíci
This video covers the absolutely TERRIBLE advice given to an exploria timeshare owner when they reached out to exploria for help in getting rid of their unwanted (and paid off) summer bay Timeshare! Exploria should be ashamed! read the full story here: tugbbs.com/forums/threads/exploria-resorts-refers-owners-looking-to-exit-to-upfront-fee-resale-company.356596/ for those who want to give away t...
Replay of the TUG Sunday Night Livestream on 10/1/2023!
zhlédnutí 290Před 10 měsíci
Replay of the TUG Sunday Night Livestream on 10/1/2023!
Exit or get rid of ANY Timeshare for FREE! Guaranteed! Avoid exit/cancellation schemes and lies!
zhlédnutí 7KPřed 11 měsíci
Exit or get rid of ANY Timeshare for FREE! Guaranteed! Avoid exit/cancellation schemes and lies!
What happens if I stop paying for my Timeshare? Talking Timeshares episode 35
zhlédnutí 16KPřed rokem
What happens if I stop paying for my Timeshare? Talking Timeshares episode 35
Talking Timeshares with Bucks&Brews Crew!
zhlédnutí 736Před rokem
Talking Timeshares with Bucks&Brews Crew!
Did I make a mistake buying a Westgate Timeshare? Talking Timeshares Episode 35!
zhlédnutí 2,8KPřed rokem
Did I make a mistake buying a Westgate Timeshare? Talking Timeshares Episode 35!
What is your Timeshare Actually Worth? Owners will be shocked to learn the truth #shorts
zhlédnutí 1,2KPřed rokem
What is your Timeshare Actually Worth? Owners will be shocked to learn the truth #shorts
Dave Ramsey Endorsed Timeshare Exit Scam that cost his own Listeners Millions of Dollars!
zhlédnutí 1,5KPřed rokem
Dave Ramsey Endorsed Timeshare Exit Scam that cost his own Listeners Millions of Dollars!
Buy Club Wyndham Timeshare Points for Free from Existing Timeshare Owners who Want out? Heres How
zhlédnutí 3KPřed rokem
Buy Club Wyndham Timeshare Points for Free from Existing Timeshare Owners who Want out? Heres How
How to post a Timeshare Listing in the TUG Timeshare Marketplace - a video walkthru guide
zhlédnutí 534Před rokem
How to post a Timeshare Listing in the TUG Timeshare Marketplace - a video walkthru guide
Diamond Resorts Exit Policy actually creates victims of Timeshare Exit Scams from its own customers
zhlédnutí 1,8KPřed rokem
Diamond Resorts Exit Policy actually creates victims of Timeshare Exit Scams from its own customers
The very first thing you need to do after buying a new timeshare! Must watch for any new owner!
zhlédnutí 2,8KPřed rokem
The very first thing you need to do after buying a new timeshare! Must watch for any new owner!
20 Million Dollars Refunded to Timeshare owners at no cost! Timeshare Users Group Milestone reached
zhlédnutí 707Před rokem
20 Million Dollars Refunded to Timeshare owners at no cost! Timeshare Users Group Milestone reached
Disney Vacation Club Bay Lake Towers 2br Lake View unit video Walkthru - Timeshare Users Group
zhlédnutí 361Před rokem
Disney Vacation Club Bay Lake Towers 2br Lake View unit video Walkthru - Timeshare Users Group
Is Artificial Intelligence better than a Timeshare Salesperson? Talking Timeshares Episode 27
zhlédnutí 593Před rokem
Is Artificial Intelligence better than a Timeshare Salesperson? Talking Timeshares Episode 27
Uncovering the Reality of the Timeshare Industry in 2022: State of the Timeshare Union
zhlédnutí 845Před rokem
Uncovering the Reality of the Timeshare Industry in 2022: State of the Timeshare Union
Timeshare Mergers & Acquisitions 2022 - Marriott buys Vistana, Hilton Buys Diamond, Hyatt Buys Welk
zhlédnutí 1,4KPřed rokem
Timeshare Mergers & Acquisitions 2022 - Marriott buys Vistana, Hilton Buys Diamond, Hyatt Buys Welk
Sell your Capital Resorts timeshare: The ugly truth you need to know to avoid being scammed!
zhlédnutí 1KPřed rokem
Sell your Capital Resorts timeshare: The ugly truth you need to know to avoid being scammed!
How you can rent a timeshare & save a fortune on your next family vacation! Talking Timeshares Ep23
zhlédnutí 1,3KPřed rokem
How you can rent a timeshare & save a fortune on your next family vacation! Talking Timeshares Ep23
I love this guy!
I have 2 years left on my timeshare that was originally with Club Regina Cabo but now is part of Raintree Vacation Club. I have only used my TS a handful of times, despite owning for 25+ years & have never gotten the hang of RCI. My maintenance fees are due this year & I am considering walking away b/c I just don’t have the funds to pay it. (1,600 dollars, an increase of course!) Anyone have any experience w/RVC? Obviously my loan has been paid off many moons ago!
hard to say as even past experiences wouldnt have any bearing on their decision right now especially with it being so close to the end of the year and your 2025 dues likely being due within the next few months! can only suggest to contact them directly and inquire about simply stopping payment and ending your ownership early! with only 2 years left they might just agree outright!
@@TimeshareUsersGroup thank you very much for your knowledgeable response & for that encouragement!🙏
@@lisachasko9776 you are most welcome, we hope you are able to work out an acceptable solution without having to pay anything out of pocket!
I would like to renew my membership for free
we offer free membership extensions for writing reviews and or referring other owners to TUG!
Missed the live feed. Good info. Thank you! If we go to your channel, I think we’ll find the live feed next time if the link changes.
yes i was using a new software to stream to multiple locations and clearly didnt have it setup correctly! ive at least corrected THAT problem for the next livestream!
@@TimeshareUsersGroup Woo Hoo! Thank you for the update. Looking forward to next time!
Just noticed how bouncy the mic and my shoulder were, bizarre! have to space that out a bit more!
Another busy Sunday night but now watching on Monday Brian!
thanks for watching Jim! will start doing these more frequently till I get the hang of the live stuff!
I just tuned in I here you fine but not sure you're live
Hi Joe! this is the replay, the livestream kicked in at 9pm eastern!
Cont... Will Meridian Credit Collection put another report on my credit score when I don't pay the maintenance fee again December 2024? Blue Tree is terrible and will not let me out of my contract, I offered to give it back to them for free. They said it's nothing they can do, I just need to go into default. I know, really professional huh? Please advise
different systems all have different policies and procedures for which they use to handle owner defaults. Once you have been turned over to a collections agency it is not unexpected to see a ding on your credit for defaulting on your timeshare especially if there was still a loan balance attached. There really isnt much left for you to do here as the only way to make that ding go away would be to pay the dues/fees owed however that would just put you right back in the situation you were in beforehand.
I have Blue Tree Resorts, but was told it was Westgate. I recently received a ownership card showing that it's a part of Westgate. But when I call Westgate they tell me I do not qualify for the surrender program and to call Blue Tree. My loan has been paid for years ago. Meridian Credit Collection just showed up on my credit report because I stopped paying my maintenance feel December 2023.
I had a question/idea..if your past recission window with hgv, could i upgrade to a new package then rescind the new contract to get out altogether?
no sadly when you rescind it simply cancels the current contract and restores anything you would have had prior to the "upgrade"
Ok thank you i appreciate your response@TimeshareUsersGroup
Hello sir, can u help me please, i just made the mistake of buying today a timeshare in westgate, the problem is that i gave an entre of 5,500 dollars because they offered me 0% interest on the rest of the money I owed, do you think i can still rescind and get the 5500 back?
if you are still within your rescission period yes, all money you paid is refunded when you exercise your right to rescind.
@@TimeshareUsersGroup thank you so much for the information sir, also do you know If I have to present a letter to them or to a court of law in florida, sorry for so many questions but we are from Ecuador and we are gonna get back to our conuntry on Thursday so we are in a hurry
@@miguelespinoza9261 no, all you need is to mail a letter per the instructions in your contract within the allotted time. retain proof it was sent!
What if the cancelation time is over? What are my options?
unfortunately once you are out of your rescission period your options are limited to rather poor choices. you can still try to convince them to end your ownership by becoming a squeaky wheel, but this is only effective if you can prove you were misled or lied to during the sales presentation or other similar extenuating circumstances. you are not able to give back, or give away a timeshare if it still has a loan balance attached leaving you with default as a final option (and this is the strategy utilized by exit/cancellation companies) but it comes with the expected potential consequences of defaulting on any other loan/agreement. tug2.net/timeshare_advice/how-to-get-rid-of-timeshare.html
Most likely going to default on a Mexican Tafer Timeshare. Good idea to get out of it? Live in AZ
Mexican timeshare resorts usually are not deeded ownership, thus there is nothing to foreclose on. the only risk if if they engage a us based collections entity to pursue whatever outstanding balance you have (loan or otherwise)
I wish I had seen this video instead of buying anything from Westgate. They are the worse. And they never helped me in my time of hardship. They never helped me before covid. All of a sudden last year I started getting correspondence from them & monthly phone calls. I ignore all of it. I want them off my credit report & I don't want to own a worthless timeshare.
We are very sorry you didnt find TUG before buying a Westgate Timeshare too! :( It sounds like you have already stopped paying for it and are going through the expected default/collections process!
I wish I had known about this before being scammed & then the resort would not work with me when I told them I was in a hardship situation. The scammed company is no longer in business. I stopped paying because I no longer have the extra money covid hit & was laid off & still struggling to make monthly bills. A timeshare is not a necessity. My rent & food is now my priority because I am on a 65 yr old fixed income. Now my credit is a mess because of it. :(
this is a very common story from folks who hire upfront fee exit companies for sure. its frustrating to learn the solution you paid for not only could you have done yourself, but in fact can hinder your chances of truly getting out of it without significant penalty. people who just stop paying on their own are actually BETTER OFF than hiring an exit company to do the exact same thing for this very reason.
I love my time share 🎉😂
Most of the tens of thousands of owners on TUG love their timeshare! however we bet you would love it even more if you got it for free on the resale market instead of paying full price for it!
This is a great interview! Thank you, Brian 🙂 The one thing I never understood is why the timeshare industry is still so stuck on only every marketing to families and/or couples. It reminds me of the cell phone carrier industry where you get the best rates when you buy 5 lines, but if you buy just 1 line the price is exorbitant. But, cell phone MVNO's and reseller are more receptive to selling ingle lines at decent prices (Verizon vs Visible, for instance). But timeshare sales never approach single people (maybe single women, but you get my point). As a single guy, I am able to vacation literally ANYTIME I want to, I can work from anywhere so if I feel like working from Vegas next week, I can. But, I walked past three or four OPC desks and no one had any interest. Here's an idea - come up with a two to five year contract, something that has an end date. For that, you can get two weeks a year. Put a sign up and say, "all are welcome, bring your FICO score (lol)" and you might have a product that people may like. A family with teens may buy a five year package that they can use until their kids turn 19/20 and no longer want to vacation with mom and dad. Single 'digital nomads" can buy a two year package and travel to destinations unknown with their laptop and Jabra headset to join a conf call from Bali, Indonesia or Costa Rica. Ya'll gotta evolve.
Thanks for the informative talk and for advocating for owners. We own with Hilton Grand Vacations/The Club and love it!
Glad it was helpful! Thank you so much for supporting TUG on youtube! hope you also participate on the TUG HGVC forum as well! tugbbs.com/forums/forums/hilton-grand-vacations-club-hgvc.52/
This is good information but painful to watch. You both seem to be choosing your words very carefully like you don't want to offend the other. I have a Wyndham timeshare we no longer use. Hopefully their deed back process is easy and genuine.
This was recorded live and no responses were edited or changed prior to publishing the video. Id imagine it looks like neither party is looking to offend the other because thats exactly whats happening. Adults with opposing views should be able to have a meaningful discussion without offending or insulting one another! That said, this was the first effort for Jason and Brian to host a discussion like this we hope things will get better moving forward. the wyndham deedback program has been in existence for many years. tugbbs.com/forums/threads/sticky-give-back-your-unwanted-wyndham-timeshare-wyndham-ovations-wyndham-cares-certified-exit.237533/
Oh, ok. Well, thank you and I'll watch for the future episodes. Thanks for the link also.
Anyone who references Office Space, Always Sunny and Mad Men must be trustworthy.
Thank you for the interesting interview. To me so much of this is BS. Regarding dishonest presentations, both the timeshares a person close to bought recently she was misled to the extent that I feel embarrassed that I didn't warn her off as I was there. We also went to perhaps 10 presentations without buying to get the free stuff and in most of them, there were misleading things or flat-out lies.
I have experienced a dishonest salesperson as well (and reported it), but ive also experienced more honest ones who truly knew the product itself and were perfectly ok if a customer was educated themselves, knew about retail vs resale, and other such things that would prevent them from buying during the presentation etc. we get reports on an almost daily basis of someone encountering a salesperson who was playing fast and loose with the truth and there is no excuse for that, ever! but I was rather shocked at the quote of "perhaps a million" sales presentations given in a calendar year and if that is truly accurate would indicate the industry itself does not condone that activity and is far better served to find new owners who are happy with their purchase vs being tricked into buying it!
Be it known ARDA represents developers. Millions of dollars to support developers. There is absolutely zero support for owners. Owners of timeshares who are violated, attacked, criminal against them are not supported. ARDA does not represent timeshare owners who need help in their voice. Listen close its political!!!
that is correct, explaining what ARDA and ARDA-ROC do was the first question we tackled on this podcast. that question/discussion starts around the 10minute mark.
Thank you for hosting this podcast. This was an eye-opening primer for more podcasts. Brian thanks for putting this together.
Thank you for the kind words! I think both of us were happy how this turned out and are already discussing the questions for episode 2!
When is part 2 so we can send in our questions?
@sheilahbrust3194 Here is the original thread showing all the questions on the list sofar! you can post suggestions there or here if you like! tugbbs.com/forums/threads/if-you-could-ask-a-question-of-a-timeshare-executive-what-would-that-question-be.363204/
Hi. Thank you so much for this video. I have a question. I stopped paying months ago due to hardship. We don't have intention on keeping it now, more stable . We owe on the fees and mortgage/loan. They offered a forclosure. Sent us an affidavit and im lost. I think its meant to surrender the mortgage.
I dont have a good answer for you here without seeing what was in the document they sent you. I can say that resorts usually dont "offer" you a foreclosure vs notify you they are pursuing foreclosure or threatening it etc. in most cases an offer from the resort would be more along the lines of them offering for you to sign the ownership back over to them willingly and some form of settlement or similar for them to reduce or waive the outstanding debt you own.
@@TimeshareUsersGroup I'd gladly sign it back over to them if it was offered if that would help my credit.
@@pearlrichardson4179 I doubt that signing it back over to them is going to make the credit ding go away once its already been reported, but your credit should repair itself over time and you can petition or dispute the ding to the credit bureaus if you work something out with the resort down the road!
I stopped making payments and didn't pay the maintenance fee, i have received an Affidavit for me to sing and send back to them. How can I get in contact with you or can someone advice me an tell me if this is the form i need to sign for them to take back the timeshare?
Well if it was sent from the resort thats a pretty good sign. if you are skeptical about its legitimacy I would suggest reaching out to the resort or management company directly to inquire about the offer of surrendering it back to them.
@timeshare user group, what is a Warrenty Deed in Liue of Foreclouser?
@@joanadiaz3458 that would be the resort offering you to surrender the ownership back to them willingly to avoid going through the foreclosure process itself (which is lengthy and expensive on their end). this is likely what you wanted to happen at the very beginning!
Great content - I'm advising my 85 year old parents to just quit paying their Bluegreen annual mtc fees; I never could figure out the correct information needed to list them on TUG or on the Bluegreen points-for-sale group. Now that the annual mtc is overdue, their website does show me all the info, so perhaps I will still list - but as I understand it, they'd have to settle up before being able to execute so that makes it pretty unlikely anyone would offer enough to make it worth their while.
you are correct. once an account becomes delinquent it would require all the overdue fees paid up to either sell, give away or give back. would at least suggest having you or your parents to reach out to bluegreen and explain the situation (85yo, medical issues, cant travel, etc etc as applicable) and see if they would be willing to accept it back. many times you have to be stubborn and make multiple requests. I would also advise that same response when/if they begin to send overdue letters or collections notices in explaining that your parents have been happy owners for years but their age/medical/financial situation no longer allows them to utilize the product anymore. sometimes its just a matter of getting the story in front of the right person or department to be able to handle it. www.bluegreenvacations.com/talk-to-bluegreen-vacations-were-here-to-help
i have one to give away, but yes you need to pay fees of around $500 per year.
TUG provides a free forum for owners to give away their timeshares for free! tugbbs.com/forums/forums/free-timeshares.55/
Couldn't watch live but did just watch it. Good Job again!
Thank you! I appreciate all the support we get on here and via email/forum! very happy to keep making these as long as owners find them useful!
Didn't get in to watch you live but just wanted to let you know I didn't make my yearly maintenance fee last fall and BG turned me over to collection think so far have received one bill from them haven't heard anything from BG maybe some phone calls but I don't have my answer machine set up and don't answer unknown calls so no problems what so ever about 10 months in thanks for your advice
I certainly hope that is the end of your story however you can likely expect them to take action eventually to recover the ownership type (deeded or not). However the chances are that action will be them reaching out for you to surrender the ownership back over to them.
@@TimeshareUsersGroup So at that point it will be BG and not the collection outfit correct
@@joeherndon5815 yes, the collections outfit is simply hired to make an effort to collect on your outstanding debt. its bluegreen who would want the actual "ownership" back so they could resell it or similar.
so i have tahiti village in vegas a few months ago and live in california what is your advice?
I always advise making an effort to surrender the ownership back (unlikely without special circumstances) or to offer it up on the resale market for free with an offer to pay closing costs yourself (can post it on the TUG free giveaway forum for free)... if you have no success there, your only option that remains is to default and roll the dice on how tahiti village will respond in efforts to collect your unpaid maintenance fees as described in the video! At least however if you have made efforts to both give it away and give it back with no success you can relay that in all your future communication with TV as to the reason you have chosen to stop paying in efforts to force their hand in accepting the ownership back to you. It really is down to two bad options for owners in this scenario. 1. continue to pay forever for something you dont want and dont use. or 2. stop paying and force the resort to take action to recover the ownership from you (either thru deedback or foreclosure)
How much does a timeshare cost when purchasing new?
The average cost of a timeshare last year was somewhere around $24,000 dollars
How do you contact diamond resort?
tugbbs.com/forums/threads/sticky-hilton-vacation-club-dri-now-accepting-deedbacks-give-back-your-hgv-diamond-resorts-timeshare.224859/
Someone needs to Watch John Oliver.
we were actually interviewed multiple times by producers for the John Oliver story.
Brian, all your videos are very informative. But why, at the end of every sentence, does the video stop and then re-start with the commencing of your next sentence? I find this visual annoying; thus I have to listen with my eyes closed.
ill see if i can reduce that effect in future videos...usually its not that noticeable but rewatching this one and i can see it very clearly. much of it is caused by the editing and removal of my "breathing" sounds or saying "umm, and or uhh" that is picked up by the microphone or to flat out remove long pauses in me speaking while creating the videos.
I've owned Playa Del Sol Grand in Nuevo Vallarta and paid it off almost immediately. I only paid a maintenance fee if I used it. Only used it once. Then it was taken over by Belair. Belair has been sending me a "special assessment" bill for years in the amount of $922 for special repairs and most members state that they are not really applying the funds for improvements. I actually paid a "special assessment" in 2012 in good faith and later was told it was used to make payroll. In any case, I dont feel it's fair to just pay this assessment as it would enable them to continue doing it in the future. So I would just rather give the contract/membership back to them. Any suggestions?
nothing wrong with trying to reach out and inquire about ending your ownership, but chances are low that they would agree to let you go vs attempt to get you to pay some sort of "early termination fee" which is as you guessed it...just another made up fee! There are no deeds involved with mexican timeshares thus no risk of foreclosure. By and large there is much less risk of negative consequences when you stop paying for a mexican timeshare vs a us based one though nothing in this world is truly without risk. We would expect them to continue to make efforts to collect on past due fees/late fees/made up fees/etc anything to get you to pay!
@@TimeshareUsersGroup Thanks so much for your response. Other members who have also paid their ownership/membership in full also express that they have no intention of paying this fee and I believe that Belair also states that canceling is NOT an option they offer. Since I technically paid off my contract; is there a risk that my credit could be affected if I choose not to pay this assessment? Their billing letters seem to reference a Las Vegas based collection agency.
@@albertodiazmd there is always that risk yes though its far less than if you still owed a loan balance, you have to ask yourself is that risk worth continuing to pay for the remainder of your contract? If they have a us based collections agency then it is likely you will be harassed by them in an effort to get you to pay, however again is that better or worse than continuing to pay for something that you dont want, dont use, and cant even give back? We would urge you to document all your contacts and efforts you have made to end your ownership including offering to surrender it back or offer it up on the resale market (sadly many mexican timeshare resorts charge staggeringly high transfer fees that make this difficult to accomplish as well...are you noticing a trend yet?).
I own Park Plaza and Park Station, both in Park City Utah. What happens if I stop payning the maintenance fees? Do I get a real estaye default on my credit? That seems a pretty serious issue.
This is a very good question. None of us wants to default on our commitments but, holy cow, this economy is killing us already & both of my resorts have just imposed special assessments to help cover THEIR huge increase in costs; one due in July & one due in the middle of August for a total of $492.00. Mark my words, these "special assessments" will be ongoing. This situation is causing me quite a lot of financial anxiety since both resorts also raised their maintenance fees in the last 12 months.
we have an entire video covering that! czcams.com/video/Th_xLhxs6h0/video.html though we do suggest at least trying to give it back or give it away first!
@@Luvlinedance walking away is a viable option, and the one that is used by exit companies to guarantee they can get you out of your timeshare because its the only 100% successful solution! there is a risk to your credit with any default! we cover this in our video here: czcams.com/video/Th_xLhxs6h0/video.html
I own two weeks - 1 week each at two different, small, independent resorts in Summit County Colorado. Both are warranty deeded weeks. Wouldn't they be subject to any and all property laws? That is, can't I deed them to someone else? There are a few different kinds of deeds each with different legal parameters, but it seems like I should be able to deed my week(s) back to the resort(s). Am I wrong?
you can transfer the deed to anyone you like, however that party has to agree to the transfer and all the applicable paperwork/documents must be signed and filed to complete the transfer even if you are just giving it away or giving it back to the resort.
@@TimeshareUsersGroup What about a Gift Deed? No money or other consideration can be exchanged & the grantees don't need to sign anything or even know about it. Record it? ABSOLUTELY. Is there something I do not understand about gift deeds?
@@Luvlinedance the amount of money you are asking has no bearing on the process to transfer a deed. be it one penny, or 50,000 dollars. all deed transfers require the full knowledge and agreement by both parties. (and signatures)
Great video... 😅Club Tahoe is a disaster. Can I just paying. Paid this week off urs ago
while default is always an option and will result in the ending of your ownership, what is happening with club tahoe? We did see a recent post from an unhappy owner but no specific details? is it similar to what is happening with tahoe summit? at least in that case they appeared to be letting owners surrender or giveback! tugbbs.com/forums/threads/tahoe-summit-village-financial-difficulties.359728/
Scam vs. Scam 😂
yep, this industry will get you coming and going thats for sure! only way to protect yourself is to know the truth ahead of time!
I bought a timeshare in Las Vegas Nevada and im from California.. i cannot afford to keep paying for a timeshare we have not used at all for 5 years straight weve been paying without making a dent.. i am thinking of just letting it go... would it be smart to write an email or letter to the company so theres something on file that i tried to surrender it back to them? Although i know they are going to say that i have to keep paying it? But just so there is paper trail that i tried?
if you have a genuine financial/medical hardship or similar you can absolutely reach out to try to come to some sort of arrangement with your timeshare though Id not expect a high chance of success there is no harm in trying!
I have a loan out on my timeshare for about 7k. I am willing to pay it all and get out of the future maintenance fees. From what i am seeing they're not likely to agree to this. If i dont the maintenance fees it will affect my credit, right? So, my question is should I stop paying the loan now since I am screwed anyway?
far more likely to take a credit hit by defaulting on the loan than the maintenance fees. also paying off the loan provides you the additional options of either trying to give it away for free or give it back to the resort.
IF YOUR TIMESHARE IS PAID IN FULL AND FEES ARE CURRENT, you may be surprised that many companies will just take it back or charge a small fee to do so. YOU - DO - NOT - NEED - A - SCAMMING - "EXIT" - COMPANY. They serve no purpose, NOTHING, ;that you can't do yourself. YES that 100% "guarantee" includes foreclosure if that's the only way. I KNOW, I was in the business.
we always advocate the first step is to reach out or research to see if your resort or developer offers a surrender program! Even if one is not publicly announced it never hurts to ask! tug2.net/timeshare_advice/give_back_timeshare.html
I used to work reselling timeshares. We were Resort Property Marketing Inc. from an office in Arkansas. We were put out of business by Wyndham and I'll explain. We had NO upfront charges. In Arkansas as opposed to most all others, we had to be licensed real estate agents. Same training, same licensing procedure as if we sold homes and businesses. Charging fees without a sale is of course not allowed. But for years we did well, We advertised, took listings. If we found no buyer, no charges. Why did Wyndham and Marriot put us out of business? The corporate way. They had years before switched to the BIGGEST SCAM YET IN SOMETHING CALLED "POINTS". Why switch from deeded weeks to points? There are a finite number of units in every location. 50 weeks with two weeks for maintenance. 100 units by 50 week = 5000 potential sales. Points made it INFINTE sales numbers. You are not guaranteed a vacation. It's subject to you making reservations. And they did so well deceiving property owners that the owners PAID THOUSANDS to convert. The reality was a deeded week became like GOLD, more valuable and easier to sell. Points? Why bother paying hundreds in monthly fees when a non owner just calls or goes to Expedia or some such site and BOOK a reservation. IT GETS WORSE ! If you called to book you points for a stay, you were usually told there was nothing available. If you called a month or two or three before you wanted to go, it was 100% certain that you would be told they had nothing where you wanted to go. Call later or go to a booking site just as anyone else, a NON OWNER, and you'll find that you easily make the reservation, at your expense, that you were just told was not available. Word was that every timeshare resort owned by Wyndham was reserving 60% of time to non owner bookings. Closer to 90% during special events. So there you are, you paid THOUSANDS to purchase the POINTS, pay hundreds each and every month...for nothing. How we decided to close shop was Wyndham and Marriot went from transferring ownership taking a couple weeks TO AT LEAST 6 MONTHS and all the while the monthly fees had to be kept current. NOWING that a timeshare points package was only bringing 1 or 2 cents on the original purchase price, they were forcing owners to keep it, turn it in for a fee, or let it go into foreclosure. OH YES, Wyndham has a "program" to take it back...IF it's paid in full and IF the fees are current and kept current for months during the process and IF you were willing to write them a check for a few thousand as a restock fee. We couldn't get Wyndham to make the transfer in time to net an owner any money. A package that they sold for $100,000 was only worth about $1,500. Our fee would be $500 so that $1000 net check is eaten up well before 6 months. Toward the end, I would ask them what they had, if it was paid off and all fees current. If it was only worth a couple thousand, I would tell them to call Wyndham and just begin the return process and be done with it. Worldmark was a great timeshare program...UNTIL WYNDHAM BOUGHT Worldmark. Dave Ramsey, the big Christian, worked with a sponsor who charges thousands up front, charges again at the end, in between you had to keep the fees current for as much as two years...AND THEY DIDN'T INFORM YOU THAT IT COULD RESULT IN FORECLOSURE. That 100% guarantee to get you out? "Yes folks, foreclosure is one way to get you out so we did our job". But, I could have just stopped paying the fees and got the same result. "Yes well that is an option and it was your decision...we did all we could but with you still owing it was the only way to get the contract cancelled". What about my credit. "Well, sure it gets reported. You defaulted on the contract....what did you expect".
If I just recently bought within last year. Was lied to. How do I exit without defaulting on 15k. Haven’t used the thing once. Any options?
Unfortunately there arent really any good options for exit if you just bought and still have a loan balance. you can certainly attempt to try to rescind outside your legal rescission period but the chances of that are low. you can try to become a squeaky wheel and complain enough that they let you out of your contract, but the chances of that are also low. both these options chances increase if you have some sort of documentation or proof that you were lied to or mislead during your presentation. If that is the case then you should absolutely leverage that in your attempts to rescind or otherwise cancel your ownership as well as report your story and facts to the appropriate state attorney generals offices! Outside of that, the only options to exit are to pay off the loan and give it away/give it back...or default! note that as mentioned in the video, these are the same strategies used by exit companies to get you out of your timeshare.
I appreciate the video. I think I have a plan to unfortunately pay for this terrible financial decision. However, is there success in giving it back without defaulting? Or is that subject to the company being courteous or not? Just trying to get my ducks in a row when my “mortgage” is paid off. Thank you again for what you do.
@@Omicraze if you have a legitimate hardship situation (medical/financial/etc) some resorts have been known to work with you in that regard yes. however other than that or becoming a squeaky wheel on social media and such or filing a complaint with attorney generals offices (assuming you have a legitimate complaint to file) there are not any real good options for making that loan balance disappear other than defaulting on it. that said even though the chances of success for the hardship/squeaky wheel suggestions are low, it costs you nothing to try!
I am interested in buying a timeshare on eBay through HGV. Everything looks and sounds great but my question is, what happens in 2 years or so I decide I no longer want it, can I just stop paying the maintenance fee or would I have to sell it somehow? Thank you for your time.
yes, once you become the new owner if you decided to end your ownership you would either have to sell/give it away to a willing buyer, give it back to hilton, or stop paying for it.
After hearing all the horror stories with timeshares, why would you ever enter into one of these!?!? Just get a hotel room or rent a house/apartment where you are wanting to stay. When you leave, it's not your problem anymore! My buddy pays $2k/year maintenance fee for a weeks stay at his timeshare in Vegas (also trying to get out it which is why we're on these videos...). That's almost $300 PER NIGHT for a weeks stay. That's a pretty nice hotel room if you ask me and someone else will clean your room every day.
@@carlk6398 10 billion dollar a year industry, they clearly have no issue finding buyers! This is a marketing pitch that has been honed to perfection for decades! Even people who walk into a sales presentation with the mindset of "im not buying a timeshare" sometimes walk out after buying a timeshare, it is wild! The value in timesharing is when you can stay on a vacation for LESS than it would cost you for a hotel or airbnb. for 2k a year in fees id imagine he has a 2 or 3br in vegas, and an equivalent hotel with mulitple bedrooms and a full kitchen/living room is likely much more than the average single hotel room at any resort! its all relative! That said renting is a great way to enjoy staying in a timeshare without having to buy a timeshare and we suggest that route to anyone who is considering ownership!
I just got in a timeshare with Wyndham in TN. Got boldly lied to. Worst mistake of my life. I’m considering just stop paying. I’m a Federal employee. Can they garnish my wages?
while anything is possible, though unlikely and we have never heard of any instance of this actually happening for defaulting on your timeshare. Not to mention that default is the number 1 strategy used by exit companies to guarantee they can get you out of your Timeshare! It is likely to be reported to collections and credit bureaus however! A better bet would be to begin filing complaints that detail the "lied to" part to the Florida attorney general (where wyndham is headquartered) as well as the TN AG since you bought your timeshare there! Also begin filing those complaint with wyndham directly and on their social media. We would also suggest following through with an attempt to rescind even if you are outside your legal rescission period by a short time, you never know! The more details about how you were lied to during the presentation the better! there is no value in just typing up an angry letter without facts/dates/names/etc!
How about getting out of a Hilton timeshare? Thank you
really depends on which resort (hilton grand vacations, or hilton vacation club) and if its paid off or not! both offer the ability to give back an unwanted and paid off ownership though! hgvc: tugbbs.com/forums/threads/hgvcs-deed-back-process.359743/
and hvc: tugbbs.com/forums/threads/sticky-dri-now-accepting-deedbacks-give-back-your-diamond-resorts-timeshare.224859/
I was just sweet talked into buying one of this things and i want out. I sent the letter of cancelation one to two day's late. Think i still have a shot of getting out or what would be the cheapest way to get out of it?
Very sorry that you missed your rescission period by a few short days, honestly we would still try to cancel using that angle and be vocal about it on social media/etc! While they are under no obligation to let you out past your rescission period, some resorts have been known to honor your cancellation request if its just outside the window and it costs you nothing to try! Outside of convincing them to let you cancel you dont really have any good options to end your ownership. pay it off/give it back or default!