Saturday, October 15, 2016

Hello, I'm new to the community and in search of some advice.

Hello, I'm new to the community and in search of some advice. I bought a HICV timeshare in FL a couple years ago and my circumstances have changed considerably since purchasing the unit. I am no longer able to use the property and would like to unload it. Can anyone here give me some direction how I can go about selling/giving it back to Holiday Inn? I can't seem to find a good resource. Thanks!

3 comments:

  1. MagicMedic Thanks for that tip. Do you have any recommendation on how I can chase down those details that it was sold off?

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  2. To be clear, I am not an expert on Bay Point. I only know what I have been told by staff at HICV. If I were you, I would investigate exactly what happened. I would call Bay Point resort directly and see if you can get someone to tell you what has happened with Holiday Inn club there. As I understand it, HICV owners previously had access to all of the Bay Point amenities and now they do not. Get specifics. Then, approach HICV and tell them that when you were sold a Bay Point unit you were told about all the amenities etc. and now this has been taken away from you. Let them know that you don't think your property is worth what you owe on it as a result. See if HICV will work with you to cancel some or all of your debt or at least let you trade for a property that is worth something.

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  3. I'm selling 150K annual points with $853 maintenance for $1566, which includes $300 closing on the for sale posting on the group. This unit is more points, less maintenance, and grants points to the new owner vs. your unit will transfer as a fixed week to the new owner. This s why nobody would be willing to take over your $200/month mortgage.

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