[ 2021 ] How do I get out of Tafer membership??

[Passepartout]

Has your account done to collections?

I don't know to whom you are addressing this inquiry, but the poster above this hasn't been back to TUG in 4 months. You can try clicking on their blue username and emailing them.

It's highly unlikely that a Mexican resort will do anything but cancel the membership, and even if it were a US based TS it would take years to be turned over to collection- after many many letters and late charges etc. etc.

Jim

 

[ceziepie]

Thank you so much for posting this...I purchased a Tafer timeshare a few days later than you. I was definitely blindsided because they pushed how much they weren't a timeshare, they marketed themselves like you were purchasing an investment property...after foolishly spending $1,000, I got back to the states and realized they were indeed a timeshare which I personally didn't want. I've called them a few times and got the run-around...according to them, they couldn't locate my account so they couldn't help me.

My mom basically told me to hit my credit card company up and do a stop payment for their future payments and to take a loss with the $1,000 because they don't ask for your social security number so it never hit my credit report.

I didn't realize how foolish and non-informed I was at the time plus I was blinded by the beauty of their resort. I will call them and straight-up tell them I can't afford the maintenance and fees for this timeshare plus call my credit card company to stop payments. I'm not saying this is going to be a pretty process but it is a valuable lesson learned...I will never visit a beautiful place and get sucked into this mess.

If anyone has any suggestions about what I should do please let me know...I could use all the help I can get right now.

Hi did you resolve this? We are in the same predicament. We are on the phone with them now and hoping we can still get out of it without taking a loss of $2400

 

[Passepartout]

Hi did you resolve this? We are in the same predicament. We are on the phone with them now and hoping we can still get out of it without taking a loss of $2400

I am sorry for your getting taken in. It's doubtful you will be refunded. OTOH, many have been taken for more. The person you inquired of has not been back to TUG for almost 2 years, so it's unlikely they will answer your inquiry.

 

[Ivywynn217]

Thank you so much for the group. I just pay $1000 deposit yesterday (3/5/2024) at Garza Blanca Cancun. I’ll email them and Profeco for the cancellation. I hope that’ll be the proof for Chase bank so I can get $1000 back. One thing I worry about is I’ll stay in the hotel till 3/7/2024. Hopefully they don’t threaten me and let me go to the airport safety.

 

[dioxide45]

Thank you so much for the group. I just pay $1000 deposit yesterday (3/5/2024) at Garza Blanca Cancun. I’ll email them and Profeco for the cancellation. I hope that’ll be the proof for Chase bank so I can get $1000 back. One thing I worry about is I’ll stay in the hotel till 3/7/2024. Hopefully they don’t threaten me and let me go to the airport safety.

Airport security won't know anything about it. You should automatically get a refund, but if not what you have provided should be enough proof. Hard to tell. I had someone contact me through Facebook saying that Palace Resorts had just "put their membership on hold" because there was no refund clause in their contract. Perhaps Palace and other all-inclusive memberships aren't considered timeshare for the purposes of recission.

 

[Ivywynn217]

Airport security won't know anything about it. You should automatically get a refund, but if not what you have provided should be enough proof. Hard to tell. I had someone contact me through Facebook saying that Palace Resorts had just "put their membership on hold" because there was no refund clause in their contract. Perhaps Palace and other all-inclusive memberships aren't considered timeshare for the purposes of recission.

I read on Reddit, one guy after rescind the timeshare purchase and contact Profeco, he got a phone call to his room said they will shoot him at the airport. I travel will my husband and kid, I’m really nervous about rescind while we are still stay in this hotel.

 

[easyrider]

I read on Reddit, one guy after rescind the timeshare purchase and contact Profeco, he got a phone call to his room said they will shoot him at the airport. I travel will my husband and kid, I’m really nervous about rescind while we are still stay in this hotel.

There isn't anything nefarious with Garza Blanca. You have nothing to be worried about. No tourist would ever be shot at the airport, imo. Something like this would kill sales.

Bill

 

[ellisbob]

any updates on this tafer payment cessation?

i’m a few years in so definitely going to lose a chunk of $$, but i want to make sure im not going to in trouble by just stopping and cancelling credit cards. hitting some financial hardships lately and prepaying vacations is not in our budget anymore. still have a couple years of loan left.

what exactly should i be looking for in my contract to ensure safety?

 

[easyrider]

any updates on this tafer payment cessation?

i’m a few years in so definitely going to lose a chunk of $$, but i want to make sure im not going to in trouble by just stopping and cancelling credit cards. hitting some financial hardships lately and prepaying vacations is not in our budget anymore. still have a couple years of loan left.

what exactly should i be looking for in my contract to ensure safety?

I haven't seen any updates. If you only have a couple of years left your membership is likely a Premiere or Gold membership. If that is right you could give it away and be done with it.

Bill

 

[ellisbob]

I haven't seen any updates. If you only have a couple of years left your membership is likely a Premiere or Gold membership. If that is right you could give it away and be done with it.

Bill

3 years left of the loan, many years on the membership.

 

[easyrider]

3 years left of the loan, many years on the membership.

That is a tough one in certain aspects such as owing on the contract and the length of the rtu. You would need to call Resortcom to see if your contract can be sold with debt. If it is able to be sold with the debt , which means it's not a line of credit from the USA and is actually developer financed, you might be able to sell in the Facebook group for Tafer.

Another option would be to contact Resortcom and ask about the "golden parachute or golden ticket" program which helps owners with their memberships by reducing the amount of points and the amount of mf. If Resortcom does renegotiate this contract it becomes something they can pursue latter if you can't pay.

Another option is to walk away. Depending on the line of credit origin you might have full collection efforts take place.

Bill

 

[ellisbob]

That is a tough one in certain aspects such as owing on the contract and the length of the rtu. You would need to call Resortcom to see if your contract can be sold with debt. If it is able to be sold with the debt , which means it's not a line of credit from the USA and is actually developer financed, you might be able to sell in the Facebook group for Tafer.

Another option would be to contact Resortcom and ask about the "golden parachute or golden ticket" program which helps owners with their memberships by reducing the amount of points and the amount of mf. If Resortcom does renegotiate this contract it becomes something they can pursue latter if you can't pay.

Another option is to walk away. Depending on the line of credit origin you might have full collection efforts take place.

Bill

so are most of the “walking away” advices heeded toward those who paid off their loans fully and just want to stop paying the annual dues? so basically walking away from a timeshare is different than walking away from the loan that we have on the timeshare, even if they are both Mexican owned

 

[ellisbob]

That is a tough one in certain aspects such as owing on the contract and the length of the rtu. You would need to call Resortcom to see if your contract can be sold with debt. If it is able to be sold with the debt , which means it's not a line of credit from the USA and is actually developer financed, you might be able to sell in the Facebook group for Tafer.

Another option would be to contact Resortcom and ask about the "golden parachute or golden ticket" program which helps owners with their memberships by reducing the amount of points and the amount of mf. If Resortcom does renegotiate this contract it becomes something they can pursue latter if you can't pay.

Another option is to walk away. Depending on the line of credit origin you might have full collection efforts take place.

Bill

and if they say you need to pay off the loan before transferring it, does that automatically mean it is a US backed loan?

 

[easyrider]

so are most of the “walking away” advices heeded toward those who paid off their loans fully and just want to stop paying the annual dues? so basically walking away from a timeshare is different than walking away from the loan that we have on the timeshare, even if they are both Mexican owned

and if they say you need to pay off the loan before transferring it, does that automatically mean it is a US backed loan?

What UVCI has offered through resortcom to larger points members is a reduction of points owned to reduce the cost of the membership. They call it the golden ticket or something like that. This does cut the costs of both the contract and mf but since this offer originates in the USA through resortcom it is thought that the new contract is enforceable in the USA.

UVCI doesn't allow a member to sell their unpaid membership using UVCI financing without permission from a club manager. If the membership was paid for using your own financing the membership would be considered paid off to UVCI. Check out page 12 of the regs to read the transfer regs.

Bill

https://myuvci.com/images/content/c...-and-Regulations-25-clean-uploaded-4-4-18.pdf

 

[GreatEnder]

@ellisbob - Have you tried selling the contract? Work out an arrangement to sell it via escrow and contract.
What level of membership ? Points per year? How many years left on contract ?
Share some info , I might be interested in purchasing it.

 

[ellisbob]

What UVCI has offered through resortcom to larger points members is a reduction of points owned to reduce the cost of the membership. They call it the golden ticket or something like that. This does cut the costs of both the contract and mf but since this offer originates in the USA through resortcom it is thought that the new contract is enforceable in the USA.

UVCI doesn't allow a member to sell their unpaid membership using UVCI financing without permission from a club manager. If the membership was paid for using your own financing the membership would be considered paid off to UVCI. Check out page 12 of the regs to read the transfer regs.

Bill

https://myuvci.com/images/content/c...-and-Regulations-25-clean-uploaded-4-4-18.pdf

so is the initial uvci contract something Mexican based you can walk away from without significant repercussions (besides losing initial investment)? or would this lead to a significant impact on credit score? I really don’t remember them taking my social or anything like that

by the way so helpful thanks

 

[ellisbob]

@ellisbob - Have you tried selling the contract? Work out an arrangement to sell it via escrow and contract.
What level of membership ? Points per year? How many years left on contract ?
Share some info , I might be interested in purchasing it.

I don’t think they allow it. Has to be paid off completely to transfer

 

[easyrider]

so is the initial uvci contract something Mexican based you can walk away from without significant repercussions (besides losing initial investment)? or would this lead to a significant impact on credit score? I really don’t remember them taking my social or anything like that

by the way so helpful thanks

I don’t think they allow it. Has to be paid off completely to transfer

The original contract signed in Mexico falls under Mexican Jurisdiction, and even if the contract were perfect, it would encounter some problems being adjudicated in the USA including winning a judgement but not getting paid.

When an American company, like Resortcom for UVCI, has someone sign a new contract, they can go to any court in the USA for a judgement. It would be the same thing as signing with any debt collector in the USA.

A transfer can take place with permission, even if money is owned on the contract financed through Taffer, is what the regs say.

Bill

 

[ellisbob]

The original contract signed in Mexico falls under Mexican Jurisdiction, and even if the contract were perfect, it would encounter some problems being adjudicated in the USA including winning a judgement but not getting paid.

When an American company, like Resortcom for UVCI, has someone sign a new contract, they can go to any court in the USA for a judgement. It would be the same thing as signing with any debt collector in the USA.

A transfer can take place with permission, even if money is owned on the contract financed through Taffer, is what the regs say.

Bill

thanks, bill. so helpful. The only concerning thing I do notice is on the website where I operate everything, there is a request to make checks payable to XYZ company with an American address

 

[easyrider]

thanks, bill. so helpful. The only concerning thing I do notice is on the website where I operate everything, there is a request to make checks payable to XYZ company with an American address

Resortcom handles all payments for many resorts including all of the UVCI and associated resorts like Tafer, Loreto and Garza Blanca. Resortcom is located in Las Vegas. If a member accepts the "golden ticket" from Resortcom, the new contract is signed in the USA with Resortcom. Resortcom is also the collection agency for many resort systems.

Bill

 

[ellisbob]

Resortcom handles all payments for many resorts including all of the UVCI and associated resorts like Tafer, Loreto and Garza Blanca. Resortcom is located in Las Vegas. If a member accepts the "golden ticket" from Resortcom, the new contract is signed in the USA with Resortcom. Resortcom is also the collection agency for many resort systems.

Bill

thanks, bill ! i know they use resort com, but the request has checks payable to a trust with a cali address. interesting

 

[migz1082]

Sure. Just stop paying. Mexican resorts and 'clubs' are just 'Right To Use'. You don't actually own anything. So all you lose is what you already paid. That $1000 is probably gone, but in the overall view, that's a pretty cheap lesson. You can dispute the charge, but the credit card may side with the merchant. You might get some phone calls and letters, but eventually, it stops.

I have a question i signed with tafer hotel and resort in puerto Vallarta about 8 months ago if I stop paying will it affect my credit cause I can’t seem to pay it in the economy and medical bills?

 

[Passepartout]

I have a question i signed with tafer hotel and resort in puerto Vallarta about 8 months ago if I stop paying will it affect my credit cause I can’t seem to pay it in the economy and medical bills?

We can't know everything about every lender, but past results have been that if you default, you'll get some mildly threatening mails/emails/phone calls, but they are basically toothless. The only thing they can do is cancel your membership. You own nothing that can be foreclosed on, so I'd say your credit is safe. You will lose whatever you've already paid them. And I suspect that if you return to Mexico, you will be able to sign up for another membership (DON'T!).

 

[easyrider]

I have a question i signed with tafer hotel and resort in puerto Vallarta about 8 months ago if I stop paying will it affect my credit cause I can’t seem to pay it in the economy and medical bills?

It depends on where this is financed. If it is an American line of credit then it falls under the same rules as any credit card regarding collections. If it is a Mexican line of credit it may not be worth the effort regarding collections but occasionally it is when there is a large enough amount owed.

Bill

 

[Sindrp95]

Hi there,
I just registered in August at villa del palmar cancun, and made 1,000 down payment. Then i still about 1700 of down payment and loan would not start until 2025. Wanting to get out, any advice?