I was offered a proposal in my purchase of a 3bdrm unit for $25k (Myrtle Beach). The incentive offered in points is 7000 (Gold) every other year and 17000 in bonus points to be used in 4 yrs. They made an error in my contract by not subtracting a VIP payment. (Vacation Introduction Program)
The VIP cost $1795 (pd last year for 7200 points). After using the VIP, the contract stated that if I were to purchase a timeshare from HGVC within 1 yr. then, the VIP payment will be subtracted from the timeshare purchase price and the timeshare price offered will be a frozen price from 2018. This was written in my VIP contract last year).
During my purchase last week, I singed quickly through all the documents as they pushed the papers. Later when I returned home I reviewed the documents closely. I noticed that the $1795 was not subtract. Therefore I notified my seller and sent a rescind letter.
To correct their mistake I am now being offered an additional 14000 bonus points totaling 31,000 bonus pts. This is because I sent a letter to rescind my contract this week. If I withdraw the rescinded letter the additional bonus points will be offered in an amended contract.
Please give me your feedback
The VIP cost $1795 (pd last year for 7200 points). After using the VIP, the contract stated that if I were to purchase a timeshare from HGVC within 1 yr. then, the VIP payment will be subtracted from the timeshare purchase price and the timeshare price offered will be a frozen price from 2018. This was written in my VIP contract last year).
During my purchase last week, I singed quickly through all the documents as they pushed the papers. Later when I returned home I reviewed the documents closely. I noticed that the $1795 was not subtract. Therefore I notified my seller and sent a rescind letter.
To correct their mistake I am now being offered an additional 14000 bonus points totaling 31,000 bonus pts. This is because I sent a letter to rescind my contract this week. If I withdraw the rescinded letter the additional bonus points will be offered in an amended contract.
Please give me your feedback