You don't have any options. If it's paid in full, you can sell it or give it away, but it isn't worth much. Might as well stick around TUG and learn to use what you bought. Those contracts are well conctructed. There are no magic words anyone can write them to make it void. Do Not sign up with any of those upfront fee timeshare exit outfits. They are all scams.We are 12 days into this since we signed and realized we should not have done this and it looks like the state we signed is Wisconsin and their law is 5 days.
What are me and my wife's options for getting out this?
You will have to cancel the Master Card to block future payments.
It is really difficult to refinance a timeshare because the resale value of a timeshare is far, far below the sales price, so it's not valuable collateral.
If you own a home, a home equity loan can be a very good option to refinance your timeshare, at a low interest rate, and the interest on a home equity loan may be deductible.
We are 12 days into this since we signed and realized we should not have done this and it looks like the state we signed is Wisconsin and their law is 5 days.
What are me and my wife's options for getting out this?
I'm banging my head on the wall wishing we didn't get suckered into this.
Ours is with Bluegreens and we went with the Silver option; I'm banging my head on the wall wishing we didn't get suckered into this.
Does this mean you have a MasterCard with the entire balance of your purchase on it?We took the bluegreens mastercard option and thought we would roll into a different loan.
Does this mean you have a MasterCard with the entire balance of your purchase on it?
If this is the case, you are really stuck because the bank will probably sue you if you stop payment. If this happens, depending on the state, it can get particularly nasty. A judgement usually lasts for 10 years and can be renewed. Some states will allow garnishment of wages to satisfy the judgement.
We are 12 days into this since we signed and realized we should not have done this and it looks like the state we signed is Wisconsin and their law is 5 days.
What are me and my wife's options for getting out this?
Don't lose sleep over their tactics. They train and train on how to get people like you to 'yes'. If you brought up the 'investment' aspect, they have answers. If you ask the salesweasel how s/he vacations, they will point at a high point BlueGreen.Yes, but we decided to bite the bullet and just pay it off.
One thing that really irks me about the whole thing is the dirty sales tactics by them is they made it sound like you can make money on it.