Land deeded Tahoe and Hawaii points contracts

[PamB]

Hello there timeshare gurus. We have had Diamond Resorts since they were Embassy Suites. We have fully paid contracts. We have a land deeded (we have to pay a property tax bill to El Dorado County), 3 ALL, annual 2 bedroom in Lake Tahoe, CA with 10,500 annual points, a CLUB membership and two contracts with Diamond Resorts Hawaii Collection. One is for 5000 points and the other is for 6500. We haven't used the timeshare in years but have continued to pay the outrageous fees. I contacted Diamond and they said they don't buy back contracts and to use a realtor. I am overwhelmed with trying to get out of these fees. I keep reading about scams and have no idea where to start with transferring these contracts and don't want to ruin my credit rating by refusing to pay the fees. Can anyone help me?
Thank you so much - Pam

 

[alwysonvac]

Hello there timeshare gurus. We have had Diamond Resorts since they were Embassy Suites. We have fully paid contracts. We have a land deeded (we have to pay a property tax bill to El Dorado County), 3 ALL, annual 2 bedroom in Lake Tahoe, CA with 10,500 annual points, a CLUB membership and two contracts with Diamond Resorts Hawaii Collection. One is for 5000 points and the other is for 6500. We haven't used the timeshare in years but have continued to pay the outrageous fees. I contacted Diamond and they said they don't buy back contracts and to use a realtor. I am overwhelmed with trying to get out of these fees. I keep reading about scams and have no idea where to start with transferring these contracts and don't want to ruin my credit rating by refusing to pay the fees. Can anyone help me?
Thank you so much - Pam

Hopefully a Diamond owner will chime in but in the meanwhile I'll make an attempt.

It sounds like you own the following Diamond contracts

1. Hawaii Collection with 5000 points
2. Hawaii Collection with 6500 points
3. Two bedroom deeded week at the renamed Hilton Vacation Club Lake Tahoe Vacation Resort

You basically have three options with each contract
(a) Sell it (based on the threads in this forum, some of the deeded properties may have a little value but the collections have little to none)
(b) Give it away for free (see threads below from TUG's Free Timeshare Forum or offer it for a $1 on Redweek)
(c) See if you qualify for Diamond's surrender program (called Transition) and pay them to take back your week. There's a sticky thread at the top of this forum that provides the contact information. Here's an older thread that includes a brief summary (link) .

Free Diamond Resorts timeshare points

Hi. we’ve got 4 sets of points available in the diamond resorts Hawaii collection. Details: 1 set of 7500 points. Free Another set of 7500 points. Free 1 set of 14000 points. Free 1 set of 22000 points. Free

tugbbs.com

Diamond Resorts Hawaii Collection

Giving away 2 Hawaii collections contracts for my parents. 47500 pts. and 33500 pts. MFs are around .15344 per point not including other Diamond fees. Buyer to pay all closing costs and transfer fees.

tugbbs.com

Good Luck and Welcome to TUG

 

[PamB]

Thank you so much for responding. Yes, that is what we own and I will look into those options. I really do appreciate the help, it was very kind of you.