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[ 2014 ] Cancelling a Westgate Timeshare [merged]

lati

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Resorts Owned
Westgate
Hello, I have questions, we bout TS about one month ago, now do we have any options to cancel it without hurting credit score?
 

TheTimeTraveler

TUG Member
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Hello, I have questions, we bout TS about one month ago, now do we have any options to cancel it without hurting credit score?


You should name the resort, and the city and state it is in to obtain the best advice......

@Grammarhero is the TUG expert and I'm sure he will read your post.



.
 

lati

newbie
Joined
Dec 4, 2020
Messages
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Resorts Owned
Westgate
You should name the resort, and the city and state it is in to obtain the best advice......

@Grammarhero is the TUG expert and I'm sure he will read your post.



.
Westgate resort, in Orlando, Florida. Signed on 11/07/2020. How I can cancel it?
 

TheTimeTraveler

TUG Member
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Westgate resort, in Orlando, Florida. Signed on 11/07/2020. How I can cancel it?


You can't cancel it now as you are beyond the allowable cancellation time. Your best bet now is to pay it off and give it away, both of which are likely nearly impossible.


.
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
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Wyndham Grand Desert 77k, VV Williamsburg 4L/4 & 2/2
Former: Wyndham 276k, HGVC South Bend 1/1
Westgate resort, in Orlando, Florida. Signed on 11/07/2020. How I can cancel it?
Owners defaulting on mortgages on timeshares deeded in CA, FL, Maine, SC, WI, HI, or MT get anti-deficiency protection, if they don’t object to the foreclosure. Anti-deficiency protection is when resorts can’t sue you for the foreclosure sale deficient balance.

If you made the hard decision to default, please kindly let us know if your credit got affected. It would help tuggers in similar situations moving forward.
 

aausti9

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westgate resorts
ocee, fl
I see at least a half dozen separate folks cancelling in one single thread, and $28k worth of confirmed savings.

love it!
I thought I'd drawn up a sample letter, but can't find it right now. It doesn't need to be technical or legalese. (look up in post 62-63 for ideas) You've hit the basics. Include a copy of the signature page. for identification purposes. Make sure all signers of the contract sign the rescission letter

Write "promotional materials to be returned under separate cover" on the letter- and then send their crap back- cheapest way possible. Send that to the resort and keep the postal receipt in case they try to charge you for it.

Send it to the Ocoee FL address.

Glad you found TUG in time. If timeshare has some appeal after you nget your money back, stick around, do some reading. Become an educated consumer, and most importantly---- But RESALE, Save Thou$and$!

Jim
hey jim in new to this i just bought saturday in vegas, but for the florida location so i know i need to send to fl, but what about the online materials do i need to include that in my letter and send that back as well? i used a different card with that. that should all get refunded correct?
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
3,086
Reaction score
2,486
Points
399
Location
Washington, DC Area
Resorts Owned
Wyndham Grand Desert 77k, VV Williamsburg 4L/4 & 2/2
Former: Wyndham 276k, HGVC South Bend 1/1
hey jim in new to this i just bought saturday in vegas, but for the florida location so i know i need to send to fl, but what about the online materials do i need to include that in my letter and send that back as well? i used a different card with that. that should all get refunded correct?
Check through all your paperwork for rescission instructions and follow as exact. Be sure to include your names and account numbers with your rescission letter.

you should get all your deposit back within 45 days. What do you mean by online materials? RCI book?

We hope your rescission and deposit refund are successful. To track TUG rescission savings, mind sharing how much you saved with rescission? As half of tuggers initially bought developer/retail TS, there is no shame.


The sample is below
Gentlemen:

Regarding contract "123" for purchase of a timeshare at "ABC" resort. We are exercising our legal right to cancel this contract. We expect a full refund of our deposit of "$123." Do not make any additional charges to my credit card. Please confirm my legal rescission in writing.

Sincerely,

John Husband
Jane Wife
 
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