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Cancel my contract - Help with address needed!

Meimei_May

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I did a very bad deal with HGVC today without any researching. I am sending my cancelation letter tomorrow. The contract doesn't specify the address and only refer to " send certified mail to the Developer". I am assuming the development's address would be the one listed in the contract. Is that correct? Anyone can give kind advice on this.

Thanks in advance! And Happy New Year to you all!
 

RX8

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I just found it the address on contract. I was too fret to read. Thanks again for all the information.

Welcome to TUG. HGVC is an upfront company and will process your rescission once received. Your rescission can be a simple hand written letter advising that you wish to rescind the purchase. Include all names and the contract number. Be sure that all parties to the contract sign the letter. Finally, send certified mail so that you can prove the date it was mailed. With rescissions, it only matters what date you mailed, not the date received. Finally, it could take up to 45 days to receive your refund. The sales team may try to contact you to talk you out of it. It is recommend to not accept their phone call. Congrats on researching to save yourself thousands of dollars.
 

giowop

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I just found it the address on contract. I was too fret to read. Thanks again for all the information.

Happy Recision!!!!


Sent from my iPhone using Tapatalk
 

Meimei_May

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Welcome to TUG. HGVC is an upfront company and will process your rescission once received. Your rescission can be a simple hand written letter advising that you wish to rescind the purchase. Include all names and the contract number. Be sure that all parties to the contract sign the letter. Finally, send certified mail so that you can prove the date it was mailed. With rescissions, it only matters what date you mailed, not the date received. Finally, it could take up to 45 days to receive your refund. The sales team may try to contact you to talk you out of it. It is recommend to not accept their phone call. Congrats on researching to save yourself thousands of dollars.
Thank you so much! I used the sample letter from TUG. So glad that I find you guys. Have saved me thousands of dollars and many many regrets. :)
 

Meimei_May

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And believe or not, I even took some serious negotiation classes and still been talked into this. Can't wait the post office open tomorrow. !
 

CPNY

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I did a very bad deal with HGVC today without any researching. I am sending my cancelation letter tomorrow. The contract doesn't specify the address and only refer to " send certified mail to the Developer". I am assuming the development's address would be the one listed in the contract. Is that correct? Anyone can give kind advice on this.

Thanks in advance! And Happy New Year to you all!
my mother just went through the same thing.where it says, “to make any changes to the account, send letter here” or something. Also how much was it for so it can be tracked.
 

CPNY

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SVV - Key West/Bella
WKV
Regal Vista at Massanutten

GT75

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And believe or not, I even took some serious negotiation classes and still been talked into this. Can't wait the post office open tomorrow. !
Welcome to TUG and congratulations on finding us in time. Don’t worry about getting suckered into the salesperson’s presentation. They are very good at that “setting the hook”.
 

RX8

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If you don't mind sharing, what did you buy and how much are you saving?
 

Grammarhero

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And believe or not, I even took some serious negotiation classes and still been talked into this. Can't wait the post office open tomorrow. !
It happens to the best of us. Salespeople are trained professionals, in which this is their full-time job. I too took two negotiation classes, both discussing “best alternatives,” Roger Fisher, and debating issues not numbers. I got suckered in and then rescinded.

At the very least, it seems you got to the “closer” or third level. Many unfortunate souls snap at the first two inflated offers and don’t rescind.

Mind sharing how much rescission would save you?
 

Hobokie

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@Meimei_May congrats and welcome to TUG! Consider becoming a member (a mere $15) and learning the ropes since you are curious enough and likely looking at timeshares for you and your family!
 

Meimei_May

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@Meimei_May congrats and welcome to TUG! Consider becoming a member (a mere $15) and learning the ropes since you are curious enough and likely looking at timeshares for you and your family!
I just this morning. Trying to figure out how to identify myself as a member in the profile
 

Meimei_May

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It happens to the best of us. Salespeople are trained professionals, in which this is their full-time job. I too took two negotiation classes, both discussing “best alternatives,” Roger Fisher, and debating issues not numbers. I got suckered in and then rescinded.

At the very least, it seems you got to the “closer” or third level. Many unfortunate souls snap at the first two inflated offers and don’t rescind.

Mind sharing how much rescission would save you?
HaHa, I did the same course, focuses on method not on substance. I am so shamed of myself that I could not share the exact number but it is more than 20K at Ocean 22 for 7000 points. :eek: Going to the post office now. And just became TUG member this morning.
 

Grammarhero

Official TUGBBS Rescission Master
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Former: Wyndham 276k, HGVC South Bend 1/1
HaHa, I did the same course, focuses on method not on substance. I am so shamed of myself that I could not share the exact number but it is more than 20K at Ocean 22 for 7000 points. :eek: Going to the post office now. And just became TUG member this morning.

As half of tuggers initially bought developer/retail TS, there is no shaming. You have recognized a mistake and corrected it. We have come across stories of people refusing to admit they made a mistake, then want to rescind one month later when it’s already too late.
 
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LannyPC

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We have come across stories of people refusing to admit they made a mistake, then want to rescind one month later when it’s already too late.

Then they ask about paying such-and-such timeshare exit/cancel/relief company or law firm to get them out of the contract. :rolleyes:
 

LannyPC

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And believe or not, I even took some serious negotiation classes and still been talked into this.

Dont' worry. These sales are not a matter of negotiation skills. They're a matter of psychological manipulation and unethical sales practices. I don't know how long you were held there before they gave you your gift for attending, but I'm assuming it was longer than the agreed-upon time at the beginning (usually 90 minutes). Then, when you're mentally worn down and can't take it anymore, they basically imply to you "Just sign the papers and you can get your gift and leave."

At that point, you're ready to do almost anything (including signing a multi-thousand dollar agreement) to get out of there.
 

Meimei_May

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Just sent the cancelation letter: certified mail +electronic signature. The post office staffer was asking me if I was canceling a timeshare ;). Will wait to see what would happen next. Thanks again, TUG fellows!
 
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dayooper

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Just sent the cancelation letter: certified mail +electronic signature. The post office staffer was asking me if I was canceling a timeshare ;). Will wait to see what would happen next. Thanks again, TUG fellows!

HGVC’s sales department, like most timeshare sales department, are unethical and very weasely. The rest of the system is great, though. I’m not sure if I have ever heard of issues with recession as long as it’s within the recession period. It doesn’t make the waiting any easier, but as long as you followed the instructions, you are fine.

Congrats! Stick around and see if resale is right for you!
 

GT75

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GT75

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Just sent the cancelation letter: certified mail +electronic signature. The post office staffer was asking me if I was canceling a timeshare ;). Will wait to see what would happen next. Thanks again, TUG fellows!

Congratulations. Don’t worry, Be Happy. HGV will honor your request within 45 days (usually they are much sooner than that)
 

CaptAdam

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Please help! I just bought a timeshare that I don’t want at HGVC Orlando! Yesterday! I check out tomorrow. How exactly can I rescind and how exactly can I become a member?
 
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