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BRAND new freaked out owner--need advice asap

sunnyday said:
I get the message about resale but don't need to be beat up on. I do understand the passion everyone feels and appreciate it.
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I hope all our Tug friends understand that people become HGVC owners in different ways and for lots of different reasons. Buying from the developer and buying retail are part of the same system. There is no a reason why a Tug member, especially a newbie, should feel "beat up." I hope a few of the more passionate members will take note.
 
Hope In 1 Hand . . .

sunnyday said:
I hope the fax and/or the date of the FedEx envelope will cover me.
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No FexEx.

No Fax.

Go USPS.

The official postmark date will cover you.

Follow the specific rescission instructions hidden in among the fine print in the documents hand over during the original purchase transaction.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​
 
AwayWeGo said:
[FONT="Comic Sans MS"
Follow the specific rescission instructions hidden in among the fine print in the documents hand over during the original purchase transaction.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​
[/FONT]
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I did.

The form says to "deliver to" and gives an address AND a fax number. I will fax and FedEx. I'm not concerned about the cost of FedEx as compared to what I have to lose.
 
sunnyday said:
The whole "shebang" for now. I need some cool down time.

After what I've learned today, I will not buy directly from any developer and would only consider resale.

I'll take the time to go over these boards more and learn as much as possible. Maybe in a few months, I'll revisit the possibility.

Thanks to all for the education. Oh, and saving me 10 grand. :cheer:
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We attended an HGVC sales presentation while vacationing in Hawaii (toured KINGS LAND on the Big Island) and loved it; purchased on the spot (an every-other-year 3500 points). Came home, saw this board, and rescinded just in the nick of time! Did some research and stayed with HGVC and purchased resale - this time an annual 5000 points at the Flamingo. My only regret is that we now wish we had sprung for 7000 points!

You'll learn so much from the folks on this board. Good luck with your decision!
 
icul8rg8r said:
We attended an HGVC sales presentation while vacationing in Hawaii (toured KINGS LAND on the Big Island) and loved it; purchased on the spot (an every-other-year 3500 points). Came home, saw this board, and rescinded just in the nick of time! Did some research and stayed with HGVC and purchased resale - this time an annual 5000 points at the Flamingo. My only regret is that we now wish we had sprung for 7000 points!

You'll learn so much from the folks on this board. Good luck with your decision!
Click to expand...

Did you fax your form to rescind?

Our situations are nearly identical.
 
siesta said:
If you read this thread and see the OPs attitude about the advice she/he was being given from the start, you can see that it took the OP to be barraged by the same rescind message by numerous tuggers until they appeared to "get it".
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i hear you and do not disagree with the emphatic advice per se. I do find it interesting that so many will circle the wagons and ferociously beat the anti-retail drum to persuade someone to rescind their developer purchase. In most other walks of life--romance, family issues, etc.--many people find it highly inappropriate to judge or be judged for the decisions one makes.
 
sunnyday said:
Good morning.

I will fax the form to rescind.

And I will FedEx to Hawaii. Hawaii will take up to 3 days which puts me 1 day late but I hope the fax and/or the date of the FedEx envelope will cover me.

Hope they don't scrXX me.
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NO! As stated several times before ---- SEND IT thru the Unitied Stated POST OFFICE (USPS) as a CERTIFIED LETTER and a 2nd copy, via REGULAR MAIL, to the ADDRESS. It is recognized by the COURTS that a CERTIFIED LETTER is legal notice AS OF THE DATE IT WAS MAILED - not received. You will have a STAMPED RECEIPT from the post office, that you sent it.

If you have trouble with understanding HOW to fill out the GREEN form - the employees of the POSTAL SERVICE will advise YOU. You will need to put the 16 digit number inside the letter - so do NOT SEAL the envelope before YOU go to the POST OFFICE.

A FAX is NOT legal notice with proof YOU sent it or it was received. I am sure you know where a post office is and their hours; those can also be found via a Google search on the internet.
 
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Beefnot said:
i hear you and do not disagree with the emphatic advice per se. I do find it interesting that so many will circle the wagons and ferociously beat the anti-retail drum to persuade someone to rescind their developer purchase. In most other walks of life--romance, family issues, etc.--many people find it highly inappropriate to judge or be judged for the decisions one makes.
Click to expand...

This is anonymous. If I was discussing my family, romance, politics or religion, I'm sure there would be lots of opinions and drum-beating.

And just so you all know, it did take me seeing the ebay product in front of my face to know, not just that I was going to be overpaying, but that buying resale was easier than I had thought. It is, isn't it?

p.s. My dh just faxed it and called me and said, "You know, you can keep this if you want it". haha. Told him there was a good chance I'd want it but for the resale price, not the full price.
 
As has been pointed out make sure you rescind in the exact manner the paperwork tells you to, or you will still own a ts.

Yes it did take showing you an Ebay auction to get you to change your mind. It sure didn't take that much to convince that it was a good buy however. Must be something about human psychology.:doh:


sunnyday said:
This is anonymous. If I was discussing my family, romance, politics or religion, I'm sure there would be lots of opinions and drum-beating.

And just so you all know, it did take me seeing the ebay product in front of my face to know, not just that I was going to be overpaying, but that buying resale was easier than I had thought. It is, isn't it?

p.s. My dh just faxed it and called me and said, "You know, you can keep this if you want it". haha. Told him there was a good chance I'd want it but for the resale price, not the full price.
Click to expand...
 
Beefnot said:
In most other walks of life--romance, family issues, etc.--many people find it highly inappropriate to judge or be judged for the decisions one makes.
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I think your off base. The OP is someone that posted and welcomed advice and recommendations from a community of owners, this isnt an "inappropriate" interjection into someone else's personal matters.

And in "other walks of life--romance, family issues, etc.--" it is appropriate if the person is seeking advice as well, whether face to face or through a social medium.
 
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sunnyday said:
This is anonymous. If I was discussing my family, romance, politics or religion, I'm sure there would be lots of opinions and drum-beating.

And just so you all know, it did take me seeing the ebay product in front of my face to know, not just that I was going to be overpaying, but that buying resale was easier than I had thought. It is, isn't it?

p.s. My dh just faxed it and called me and said, "You know, you can keep this if you want it". haha. Told him there was a good chance I'd want it but for the resale price, not the full price.
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I hope you don't (didn't) feel beat up by the strong posts made. It is only because we see people come here with inquiries such as yours, we see the complete waste of money (and potential deep regret when the truth of the real market value becomes clear) paying retail represents and we really try to convince the (then) un or misinformed buyer that in fact resale IS the same product for use (perhaps minus some virtually worthless sales add ons that often aren't guaranteed despite the high price paid to obtain them) at what seems to be an unbelievable savings yet it is fact!

Whatever it took to convince you the posters here are happy to know you aren't throwing away your money for the sales weasels to squander. It really is no financial difference to us just a satisfaction of knowing a fellow potential timeshare owner got a good deal rathe than being taken for far too much. That is our payment.

I'm so happy you saw the light & now sit back & see if a resale will work for you after all the facts are clear. You did good.
 
sunnyday said:
And just so you all know, it did take me seeing the ebay product in front of my face to know, not just that I was going to be overpaying, but that buying resale was easier than I had thought. It is, isn't it?
Click to expand...

It can be very easy, but it will always take longer to close than a developer purchase. It takes an average of 2 months to close on resales.

If you decide to purchase resale, you can buy from a broker that specializes in the type of contract that you have decided to purchase (HGVC or Marriott or whatever). That makes for a very clean and secure transaction. They will be invested in educating you about the product while you window shop. You can bargain hunt on places like Ebay and normally get a better price than a resale agent, but there is a bit of a gamble there.
 
I Hold In My Hand The Last Envelope.

rjp123 said:
You read my mind!
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Just 1 of my underappreciated talents.

(My other underappreciated talents are loading the dishwasher & fixing defunct Sears & Whirlpool dryers & sticking the little slivers of leftover soap onto the brand-new bars of soap.)

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​
 
sunnyday said:
This is anonymous. If I was discussing my family, romance, politics or religion, I'm sure there would be lots of opinions and drum-beating.

And just so you all know, it did take me seeing the ebay product in front of my face to know, not just that I was going to be overpaying, but that buying resale was easier than I had thought. It is, isn't it?

p.s. My dh just faxed it and called me and said, "You know, you can keep this if you want it". haha. Told him there was a good chance I'd want it but for the resale price, not the full price.
Click to expand...

Yes, the ebay link pretty much spoke for itself, without the frothing at the mouth by some in this thread. If you wanted to still go ahead with the developer purchase after that, well then bless your heart ;)
 
For the love of god, don't rescind!

It's what keeps up the construction of these huge timeshares that we're able to trade in to for pennies on the dollar - someone has to pay full fare coach!

Seriously, though, I know it can seem like people are beating up on these poor newbies, but they come to this forum looking for advice. If this was a forum on international travel and someone said they were thinking of taking a steamship to get to Europe so they could get there quickly, everyone would quickly say "TAKE AN AIRPLANE!!!!" Someone may say "I took a steamship the first time by mistake and loved it, it's slower, but you really enjoy the journey a lot more." And that's a valid claim, of course, but not within the mission of the group.

The mission of TUG, as I see it, is to create a forum on how people can save money buying, and use more effectively, the multitude of timeshare options that are out there. If the core mission of the group is to help save people money, and someone has poked around enough to figure that out, then obviously this is the type of advice we should give.

Obviously, we all got here different ways, some bought retail and rescinded due to TUG, some bought retail and found TUG too late, some had friends or families who got swindled and found TUG reading up on it, and some are just curious. However, we got here, our advice has to be pretty much the same at this point.

Regardless of the different views expressed in this thread, is there anyone here for whom a retail timeshare purchase is 10% or more of their annual salary (ie - a $20k retail package being bought by someone who makes around $200k per year) who would not say buy resale? However you got it the first time, however much you enjoy using it, of like the instant gratification HGVC giving you instant access, the joy of Elite status, can anyone who fits into that financial category really argue against buying exclusively on the resale market?

And if there is anyone here who thinks it's worthwhile to buy retail, I have a 4800 point Flamingo I'll gladly let go of for just under the retail price...:rofl:
 
Sunnyday
We were in the same postion last year, I found this place and was so thankful
We rescinded right away, we are now in the process of buying resale, it took us awhile to make up our minds.
I am hopeful our deal goes through. It is a huge difference in cost.
I really like the hgvc product and I am learning so much now from these boards
I can not wait till we Close and can book our first club vacation
Eileen
 
HGVC is an honorable organization and will do the right thing...
But if you must follow the cancellation instructions in your contract to the letter.

Florida requires contracts to say: "Your notice of cancellation shall be effective upon the date sent and shall be sent to (Name of Seller) at (Address of Seller)." (emphasis added)

Faxes do not provide proof of sending or receipt. Certified mail w-return receipt may be refused by front office personnel. Some are instructed not to sign for anything, except goods ordered. IMHO, the best option is "delivery confirmation" which gives you a postmark and proof of delivery to the address.
 
Talent312 said:
HGVC is an honorable organization and will do the right thing...
But if you must follow the cancellation instructions in your contract to the letter.

Florida requires contracts to say: "Your notice of cancellation shall be effective upon the date sent and shall be sent to (Name of Seller) at (Address of Seller)." (emphasis added)

Faxes do not provide proof of sending or receipt. Certified mail w-return receipt may be refused by front office personnel. Some are instructed not to sign for anything, except goods ordered. IMHO, the best option is "delivery confirmation" which gives you a postmark and proof of delivery to the address.
Click to expand...

I faxed it and also sent it USPS today and followed their instructions. I have a receipt from the post office that is stamped with today's date and will receive a signed copy of delivery receipt.

I am confident that I am covered. But why would they bother to list the fax number under the address if that is not considered a method of "delivery"? I realize that I have no proof that I faxed it so I followed up with the USPS.

I'm looking forward to being done with this. No more being impulsive.
 
npmadsen said:
Sunnyday
We were in the same postion last year, I found this place and was so thankful
We rescinded right away, we are now in the process of buying resale, it took us awhile to make up our minds.
I am hopeful our deal goes through. It is a huge difference in cost.
I really like the hgvc product and I am learning so much now from these boards
I can not wait till we Close and can book our first club vacation
Eileen
Click to expand...

That's great. Everyone seems to be really happy with HGVC. Where will your first club vacation be?
 
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