$357,000 put back in Timeshare owners pockets in December 2019 alone!

[TUGBrian]

Our cancellation tracking post records that we had 17 owners successfully rescind more than $357,000 dollars in December 2019 alone! The best part about all this is that those lucky owners didnt pay a single dollar to get the help they needed to legally rescind a newly purchased timeshare after discovering TUG and the resale market!

December 2019 brings our overall totals to over $14 MILLION dollars put back into more than 1000 lucky owners pockets! All just by finding TUG in time after buying a Timeshare!

for those interested in seeing every confirmed rescission on TUG, the full list is here: https://tugbbs.com/forums/threads/h...ions-of-dollars-cancelling-timeshares.196108/

 

[terrygee]

According to ARDA sales volume rose from $9.6 billion in 2017 to $10.2 billion in 2018, nearly a seven percent increase and more than 26 percent increase since 2014 – an average of 6 percent annually. Rental revenue increased from $2.3 billion in 2017 to $2.4 billion in 2018. In 2019 sales reportedly increased significantly as well.
I commend TUG for its valiant efforts to open buyers eyes to the resale market, but sadly rescisions are a miniscule drop in an ever larger bucket. There's a WHOLE LOT of cash/credit out there!

 

[Grammarhero]

According to ARDA sales volume rose from $9.6 billion in 2017 to $10.2 billion in 2018, nearly a seven percent increase and more than 26 percent increase since 2014 – an average of 6 percent annually. Rental revenue increased from $2.3 billion in 2017 to $2.4 billion in 2018. In 2019 sales reportedly increased significantly as well.
I commend TUG for its valiant efforts to open buyers eyes to the resale market, but sadly rescisions are a miniscule drop in an ever larger bucket. There's a WHOLE LOT of cash/credit out there!

In 2019, Tug cleared $3 million in confirmed rescission savings and likely $1 million in unconfirmed rescission savings. Unconfirmed as rescinded TS owners did not share their rescission amounts, usually out of shame.

Although that $4 million rescinded amount is but .04 percent of entire $10 billion TS sales in 2019, it’s something. The $4 million went into parents paying rent, mortgage and building home equity, putting a roof over kids, putting food on the table, and gifts to kids with happy smiles. We can take joy in the small victories, which were large victories for the rescinded TS owners.

 

[LannyPC]

The $4 million went into parents paying rent, mortgage and building home equity, putting a roof over kids, putting food on the table, and gifts to kids with happy smiles.

Not to mention the amount they would likely be saving on MFs, special assessments, possible scams, and other travel expenses.

 

[TUGBrian]

Not to mention the amount they would likely be saving on MFs, special assessments, possible scams, and other travel expenses.

ill let the scammers play that game...i see it far too often where someone cancels a timeshare then multiplies the maintenance fee by 50+ years to claim they saved that single person 50+ thousand dollars etc. if we did that we could easily claim 4 to 5x the amounts we do....but it would be just misleading marketing...and there is enough of that in this industry.