11/3/2023 0 Comments Hyatt residence club highlands innAt the time they were charging all sorts of fees (that were never disclosed prior to my purchasing the points). I did the direct deed back to Hyatt for my portfolio program points and it was the best decision of my life (buying the portfolio program points being the worst decision of my life). They offered Remote Online Notarization for an additional fee of $75 if you didn't want to leave your home to see a notary. Then they email back some documents for me to sign (must be notarized) and I had to mail back the documents with a pre-paid FedEX label within 14 business days. I had 7 business days to reply back to confirm which deed I wanted to give back. Then they email you an offer on which deed you'd like to sell back to Hyatt. Thats why I got rid of HPP and kept my HRC. Hyatt does whatever they want with the HPP. Later I found out Maui wasn't even part of HPP. Initially I wanted to combine the HRC and HPP points to book the Maui location. Then only a few Hyatt locations could use the HPP points to book. Then there was the annual maintenance fee. Then there was the annual membership club fee. Later I found out in order to pool the HRC and HPP points together, I had to pay a transfer fee to use them. It was such a new program and such a scam that at each subsequent Hyatt timeshare presentation I attended I was explaining to their Hyatt Resident agents what the portfolio program did and did not include (they were clueless). If you wouldn't mind posting about how the deed back experience was - I am sure there would be many owners interested in hearing about your experience. I actually feel pretty stupid about the whole thing because I am pretty good at doing my research but there wasn't much on this program at the time - and I believed it was like Marriott's program - not even close. We own Marriott as well and the Destination Program is way superior to Portfolio - so many flaws with Portfolio. I assume you have Portfolio paid in full and that is why they are willing to take it back? Initially we still owed on it so they wouldn't even consider that. We may need to consider what you are doing even though it is a tremendous waste of money giving it back. Not going to happen since the legacy week still has value. We have tried to get rid of it but they always offer stupid solutions like taking our Carmel week and converting it to Portfolio points so we are all Portfolio. Recently we learned that with the 660 points we can only book 6 months out - they referred to the 660 points as some inferior program. Also, we were told we could book further out since we would have status - this is only true if we put our legacy week into Portfolio. This will never happen at $2500 for the annual fees now. Since we own week 52, we basically have to decide two years out whether we want to put our legacy week into the Portfolio program - and this means paying double the maintenance fees. The program was very new at the time and we have learned so many reasons why it is a terrible deal for us. And a few years back we too were talked into the Portfolio Program at 660 points. We also own a week at Hyatt Carmel - week 52. Wow - you are in the exact same situation as us.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |