Are you considering investing in a Vacation Village timeshare? One question that might be on your mind is whether or not they offer a deed back program. Let’s take a closer look at what this means and whether Vacation Village has such a program available.
First, what exactly is a deed back program? Essentially, it’s an agreement between the timeshare owner (you) and the resort company (Vacation Village) that allows you to return the deed for your timeshare back to the company. This often comes with certain conditions, such as a timeframe in which you can do so and sometimes fees associated with the process.
So, does Vacation Village have a deed back program? The answer is yes, they do offer one. However, there are some stipulations to keep in mind.
According to their website, Vacation Village’s deed back program is called the “Limited Release Program.” This allows owners who have owned their timeshare for at least two years to return their deed to the company. However, there are some conditions that must be met in order for this to happen.
For example, your account must be current and paid in full. You must also have paid all of your maintenance fees for the current year as well as any outstanding fees from previous years. Additionally, you must not have any liens or mortgages on your timeshare property.
It’s also important to note that there may be fees associated with returning your deed through this program. These can vary depending on factors such as how long you’ve owned the timeshare and how much time is left on your contract.
Overall, while Vacation Village does offer a deed back program through their Limited Release Program, it’s important to carefully consider all of the conditions and possible fees before deciding if it’s right for you. As with any major investment decision, it’s always wise to do thorough research and consult with experts before making a final decision.
In conclusion, if you’ve been wondering whether Vacation Village has a deed back program, the answer is yes. However, it’s important to fully understand the conditions and possible fees before deciding if this is the right option for you.