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Re: Returning a timeshare unit to a resort?
[Re: PJP]
#145556
10/04/2017 09:13 PM
10/04/2017 09:13 PM
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Joined: Jun 2008
Posts: 2,670
LBI2SXM
Traveler
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Traveler
Joined: Jun 2008
Posts: 2,670
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Re: Returning a timeshare unit to a resort?
[Re: PJP]
#145559
10/04/2017 10:38 PM
10/04/2017 10:38 PM
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Joined: Apr 2001
Posts: 14,646 Brookfield, CT.
pat
Traveler
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Traveler
Joined: Apr 2001
Posts: 14,646
Brookfield, CT.
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We decided to give back our fourth week at the Towers and all we did was send a notorized letter stating we were giving it back to the management and as long as we owed no AMF for that unit for that year, we were done. No fees, no arguments. And we maintain a good relationship still. <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" />
Respectfully,
pat
"Always keep your words soft and sweet, just in case you have to eat them."
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Re: Returning a timeshare unit to a resort?
[Re: PJP]
#145561
10/05/2017 07:17 AM
10/05/2017 07:17 AM
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Joined: Oct 2000
Posts: 12,460 île staten
Bobcat
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Traveler
Joined: Oct 2000
Posts: 12,460
île staten
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TUG ========== From Timeshare Users Group on selling a TS ============== We are fortunate having purchased our TS many years ago and have a non-mandatory fee arrangement - if we do not go we do not pay and can of course visit any Divi resort anytime, subject to availability.
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Re: Returning a timeshare unit to a resort?
[Re: truant2]
#145562
10/05/2017 02:38 PM
10/05/2017 02:38 PM
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Joined: May 2008
Posts: 361 Boston, MA
Daisy304
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Traveler
Joined: May 2008
Posts: 361
Boston, MA
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I contacted the Atrium (Festiva/Patton Hospitality Group) recently and they said I own it for life. I had a friend who gave it back to them when they hit us with a special assessment fee but she had to pay 2 or 3 times the MF which she did just to get rid of it. They do not do this anymore. I would like to just walk away but don't want any marks on my credit. Can they hit your credit score? We have owned our week for years and are only liable for the MF which is paid up to date. I should probably walk away before next years fees come out. We also own at the Royal Palm which I am deeding back to them for $250. Timeshare use to be good but some of these fees are just too high. We rented a week at the RP on Expedia this year for $788 vs.a $1700 MF.
Last edited by Daisy304; 10/05/2017 02:58 PM.
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Re: Returning a timeshare unit to a resort?
[Re: LBI2SXM]
#145566
10/06/2017 11:14 AM
10/06/2017 11:14 AM
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Joined: Sep 2003
Posts: 528 Charleston, SC
StMartinMike
Traveler
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Traveler
Joined: Sep 2003
Posts: 528
Charleston, SC
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I walked away from two units at the old Pelican and never heard a word from anyone. However, I still get owner pricing when I rent directly from Simpson Bay Resort, go figure?!
"All of us have in our veins the exact same percentage of salt in our blood that exists in the ocean...And when we go back to the sea...we are going back from whence we came." >((((º>
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Re: Returning a timeshare unit to a resort?
[Re: StMartinMike]
#145571
10/06/2017 03:35 PM
10/06/2017 03:35 PM
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Joined: Apr 2001
Posts: 1,562 Long Island, NY
RICKnGRACE_LI_NY
Traveler
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Traveler
Joined: Apr 2001
Posts: 1,562
Long Island, NY
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We also returned 2 units to Pelican/SBR They threatened to foreclose, I said why waste the time and effort, let me turn them back to you. They said no, so I said ok foreclose. A month later I received a letter with forms to fill out to turn them in.
Rick and Grace
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Re: Returning a timeshare unit to a resort?
[Re: Daisy304]
#145573
10/07/2017 05:22 AM
10/07/2017 05:22 AM
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Joined: Mar 2003
Posts: 29
dmsog
Traveler
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Traveler
Joined: Mar 2003
Posts: 29
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Daisy304 said: I contacted the Atrium (Festiva/Patton Hospitality Group) recently and they said I own it for life. Not true. I walked away several years ago when Festiva somehow managed to find a crooked island judge to void the legal contract that I signed for my week, paving the way for a special assessment. I had a collection company calling me repeatedly, and they went so far as to say my non-payment would ruin my credit score. I figured since it was an offshore contract there wasn't a thing they could do....and I was right. Many owners bailed out; the rest decided to skip the moral issue and keep throwing money @ Festiva instead.
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Re: Returning a timeshare unit to a resort?
[Re: Tom]
#145576
10/07/2017 12:07 PM
10/07/2017 12:07 PM
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Joined: Jul 2011
Posts: 402
DavidinChelseaMA
Traveler
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Traveler
Joined: Jul 2011
Posts: 402
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Tom said: I think you have received some good information as to what action you need to take in returning a timeshare.
1. Read your original agreement and if necessary, get help to understand your options. 2. Choose your method of termination especially if you plan to return to your resort as a renter in the future. 3. Do not be intimidated by resort owners/management threats or supposed "policies" that cannot be legally enforced. 4. Stay current on maintenance fees for timeshare used. Remember that most timeshare maintenance is billed prior to your use.
Many of us are evaluating our timeshare status since many maintenance fees have reached or exceeded the level of a conventional SXM resort rental. We couldn't get over how much nicer the properties were that we saw online vs the Royal Islander's dated rooms. These places had brand new bathrooms and kitchens, with state of the art appliances, and many were even two bedrooms, which we wouldn't even need, for a price comparable to what an annual maintenance fee for a one-bedroom would cost at our timeshare. RIDICULOUS !!!! What a difference !!! We're thinking that the best thing to do now, with climate change and the intense strengthening of storm systems going forward, is to rent in early spring, regardless of which island we go to, if the particular island has had a "quiet" hurricane season. This way, the price is low and there's less chance of bad weather or worse, a powerful hurricane. And you'd know in advance whether the island is functional, because the hurricane season would be in the rearview mirror. We'd get the ball rolling in December for an April vacation. The only way to do so would be to NOT be locked into a timeshare. Even if the timeshare is during high season, when hurricanes aren't an issue, there still remains the problem of having had such a terrible storm that an island will not be a reasonable destination for months and months. We definitely want to return to SXM, but on our own terms, and when the island is functional, and NOT during hurricane season EVER AGAIN.
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Re: Returning a timeshare unit to a resort?
[Re: LBI2SXM]
#152210
01/13/2018 01:05 PM
01/13/2018 01:05 PM
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Joined: Jan 2015
Posts: 705 South Coast of MA
SXMBND
Traveler
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Traveler
Joined: Jan 2015
Posts: 705
South Coast of MA
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GaKaye is giving you good advise. If they don't have your social security # they cannot touch you. We walked away from a vacation plan years ago. Oh, we got statements, threw them in the garbage and have not heard from them since. We did contact an attorney friend and he gave us the same info. ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ This
Last edited by SXMBND; 01/13/2018 01:06 PM.
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