Hi all—
I'm new to this forum, but not to timeshare ownership, as I've been a Worldmark owner since 2000. Six thousand credits, a total that's never changed.
I agreed to buy a timeshare upgrade in Anaheim on Friday, April 27 (to 11,000 credits and various other benefits) for about $14,000, and almost immediately regretted it. I decided to rescind as soon as I realized that the timeshare resale market generally pays quite poorly. So on Monday, April 30, I sent two letters to the Wyndham/Worldmark Rescission department. In both cases I included a letter and the Notice of Cancellation form. The letter essentially restated the statement on the cancellation form. I made sure my member number, the contract number, and the date of purchase was on each document (letter and form). The first was sent priority mail, signature confirmation, and arrived in Orlando on Friday, May 4. The second was sent priority mail, certified, and arrived in Orlando on Wednesday, May 2. I made a slight error on the contract number on the first letter (a leading zero omitted), part of the reason I sent the second letter later in the day.
On the same day (April 30), I also faxed the same letter and cancellation form twice to the the number provided on the Cancellation form--first time with the contract number error, and the second time with the correct contract number. I called Wyndham on Wednesday, May 2, and got confirmation that the rescission was accepted and in process the day before. (Under CA law, the faxed rescission was enough, as it states in the Notice of Cancellation form.)
I made no notes, so I called again on Friday, May 4, and made notes, including the first name of the person I talked to. This time, I was told that the "rescission has been accepted and is in progress," and had been since May 1. The man I spoke to also had a record of the fact I called another rep on Wednesday, and what she had recorded. I wrote that all down and took a photo of my (dated) notes after the call was over. I also have the receipts for the postage, and the certified receipt, as well the complete tracking history saved from USPS (including the name of the person who signed for the priority mail at Wyndham).
I have not yet received any confirmation that the rescission process is complete. And I am fortunate I made no deposit, but rather would have had the deposit (over $8K) assigned to my new Wyndham credit card (which I think I no longer want).
I am nonetheless a nervous nellie at heart, and the fact that I fell for this timeshare expansion sale again (a repeat of three years ago, when I also rescinded within a week after a CA purchase, with no problems) still unsettles me. So I'm just wondering if anyone has had problems with Worldmark or Wyndham rescission, when they've done it within the legal time period (for California, where I also live, it is seven days).