how to get rid of HGV (paid in full)

[MAT]

Hello,
I have a every other year 4,800 points with HGV. It's fully paid for and I want to get rid of it. We bought it Feb 2016. Can anyone advise on how to do this w/o A.) paying an attorney 3,000-5,000 B.) waiting 21 days for an automated email from HGV resale C.) I don't want to rent it. I GREATLY APPRECIATE ANY DIRECTION of where to start with my deed and such...

 

[Jason245]

Hello,
I have a every other year 4,800 points with HGV. It's fully paid for and I want to get rid of it. We bought it Feb 2016. Can anyone advise on how to do this w/o A.) paying an attorney 3,000-5,000 B.) waiting 21 days for an automated email from HGV resale C.) I don't want to rent it. I GREATLY APPRECIATE ANY DIRECTION of where to start with my deed and such...

You can give it away on Tug if you want. Depending on what you have there are many people (possibly even including myself) who might be interested.

http://tugbbs.com/forums/index.php?threads/how-can-i-give-away-my-timeshare-on-tug.132509/

 

[TUGBrian]

should be fairly easy to give away without paying money out of pocket....post the details in the bargain deals forum and im sure youll find a taker.

 

[rfc0001]

Unlike most TSes, HGVC is actually worth something (around $1/point), so no need to give it away. You can list it and sell it through a broker, or sell it direct here on TUG.

 

[presley]

If you don't mind waiting months or a year for a buyer, you can list with a broker that we will recommend to you. You will want to list it for less than everything else they are selling for similar to get it sold quicker.

If you have no desire to wait, you can list it for free here. There's some work on your part to do that in order for the ownership to transfer. I'm always too lazy to do that I just go with a broker.

 

[MAT]

Unlike most TSes, HGVC is actually worth something (around $1/point), so no need to give it away. You can list it and sell it through a broker, or sell it direct here on TUG.

Thank you. I think to get rid of this soon as possible so I will look into please posted options.

 

[GT75]

I think to get rid of this soon as possible so I will look into please posted options

1. If you want to sell through TUG marketplace, then join TUG and list in marketplace.
2. @Jason245 gave you a link if you want to give away (http://tugbbs.com/forums/index.php?threads/how-can-i-give-away-my-timeshare-on-tug.132509/)

If you tell us what you own, we might be able to better advise what it might be worth. But of course, selling it for some money, will take longer.

 

[coronacars]

I don't see resale going for $1 a point. This is a myth. I just sold a 7000 point unit every year for $4k. I think that is a fair price. As HGVC keeps adding more units I think the price will continue to fall. If you are buying through a broker they might list at $1 point, but you can buy for less.

 

[alwysonvac]

Hello,
I have a every other year 4,800 points with HGV. It's fully paid for and I want to get rid of it. We bought it Feb 2016. Can anyone advise on how to do this w/o A.) paying an attorney 3,000-5,000 B.) waiting 21 days for an automated email from HGV resale C.) I don't want to rent it. I GREATLY APPRECIATE ANY DIRECTION of where to start with my deed and such...

Hi Mat,

Welcome to TUG.

If you're selling out of frustration then maybe we can help you learn how to use the system. HGVC has some nice upscale resorts. We might be able to help you at least take one or two trips before you give it away.

If you're selling due other reasons (i.e. unexpected medical or financial reasons), reach out to Seth who is one of the recommended brokers on TUG.

About Seth - http://www.sellingtimeshares.net/selling-timeshares/about-us/
FAQs - http://www.sellingtimeshares.net/resorts/hilton-grand-vacation-club/faq/
Listing prices - http://www.sellingtimeshares.net/category/hilton/​

 

[Panina]

Unlike most TSes, HGVC is actually worth something (around $1/point), so no need to give it away. You can list it and sell it through a broker, or sell it direct here on TUG.

I got 3400 points for free, just paid closing costs.

 

[alwysonvac]

I don't see resale going for $1 a point. This is a myth. I just sold a 7000 point unit every year for $4k. I think that is a fair price. As HGVC keeps adding more units I think the price will continue to fall. If you are buying through a broker they might list at $1 point, but you can buy for less.

A HGVC developer built resort?

 

[alwysonvac]

I got 3400 points for free, just paid closing costs.

Yes, anything less than 4800 points is given away free on TUG.
Folks can find 3400 point weeks on the TUG Bargain Deals Forum.

http://tugbbs.com/forums/index.php?threads/advice-getting-rid-of-hgvc-at-tuscany-village.237364/

 

[MAT]

I don't see resale going for $1 a point. This is a myth. I just sold a 7000 point unit every year for $4k. I think that is a fair price. As HGVC keeps adding more units I think the price will continue to fall. If you are buying through a broker they might list at $1 point, but you can buy for less.

Hi, thank you for the response. Yeah, I thought mine would max at 3,000. I wasn't considering a broker, as I wanted to facilitate this myself. May I ask if you (seller) had to cover transfer and closing costs before the sale for $4,000?

 

[MAT]

Yes, anything less than 4800 points is given away free on TUG.
Folks can find 3400 point weeks on the TUG Bargain Deals Forum.

http://tugbbs.com/forums/index.php?threads/advice-getting-rid-of-hgvc-at-tuscany-village.237364/

thank you..... I'm looking through the sales now.

 

[MAT]

A HGVC developer built resort?

Elara, a Hilton Grand Vacations Club
Las Vegas, Nevada Every other Year, 4,800 points

 

[MAT]

Elara, a Hilton Grand Vacations Club
Las Vegas, Nevada Every other Year, 4,800 points

floating (can be used at HGV or RCI)

 

[GT75]

Elara, a Hilton Grand Vacations Club
Las Vegas, Nevada Every other Year, 4,800 points

So 1 Br platinum EOY 4800 points with MF ~$1,038.96. Is that correct?

 

[MAT]

I got 3400 points for free, just paid closing costs.

thank you for the info. were the 3,400 points annual or every other year?

 

[keen1988]

floating (can be used at HGV or RCI)

Since it's every other year, even according to the $1/point guideline, it only worth 4800/2=$2400. If it'a a 1BR in a Plat season, it should worth something, but I would not expect as much as full $2400.

 

[MAT]

So 1 Br platinum EOY 4800 points with MF ~$1,038.96. Is that correct?

yes. you are correct. (those were 2016 MF, I am now quoted that the MF fee due is $860 (by Jan 1, 2018). We also have at least 1400 club points that can be carried over to 2018 in an RCI.

 

[MAT]

Since it's every other year, even according to the $1/point guideline, it only worth 4800/2=$2400. If it'a a 1BR in a Plat season, it should worth something, but I would not expect as much as full $2400.

I really appreciate that. And for that price, is seller paying the transfer/closing?

 

[GT75]

I really appreciate that. And for that price, is seller paying the transfer/closing?

Typically on HGVC, our properties are worth something, especially platinum season. And yes, the buyer would pay transfer/closing cost. It may be worth a little more than what @keen1988 stated but then it is also how fast you want to sell it. I haven't sold a TS so I am at the end of my knowledge. We have some brokers which can be recommended or others might be able to advise.

 

[coronacars]

A HGVC developer built resort?

HGVC Marbrissa. Affliate, but you can get many resorts for around +- the same. Just offer and see what happens.

 

[Panina]

thank you for the info. were the 3,400 points annual or every other year?

Annual, and it was offered on the tug bargain site

 

[alwysonvac]

HGVC Marbrissa. Affliate, but you can get many resorts for around +- the same. Just offer and see what happens.

Thanks for the info. Marbrisa prices are lower due to the change last year.

"GPR/HGVC no longer available for resale transfers" (2016) - http://tugbbs.com/forums/index.php?threads/gpr-hgvc-no-longer-available-for-resale-transfers.245167/