Canceling Timeshare Before Down Payment

[samedw]

Hi everyone,

I purchased a timeshare (with a credit card) and want to get out of it. It is past the rescission period but I have not paid the down payment yet. Will it help me get out of it if I haven't paid the down payment? Thanks for the help!

 

[Htoo0]

I'm guessing the response will be to attempt to dispute the purchase with your credit card but it may be a losing battle. Maybe cancel the card but depending upon your location and that of the timeshare you may be taken to court. Others here are far more knowledgeable than I so wait to hear from them. Good luck.

 

[theo]

I purchased a timeshare (with a credit card) and want to get out of it. It is past the rescission period but I have not paid the down payment yet. Will it help me get out of it if I haven't paid the down payment?

You signed a contract for which the rescission period has now passed, by your own account. I assume that your down payment by credit card was processed very promptly (i.e., immediately) by the developer / seller when you signed the contract and that what you now report having "not paid" is actually the bill from your credit card issuer. You can attempt to file a dispute on that down payment charge, but the seller will then easily produce a purchase contract bearing your dated signature, proving the validity of the charge --- and will likely also cite the (state law defined) rescission period whose deadline you admit to not having met.

I wish you luck, but you face a steep uphill climb. Buyer's remorse alone for a valid transaction that you now regret won't cut any ice with your credit card issuer, but you can nonetheless still try to dispute the charge. Also, you might want to consider cancelling that credit card and getting a replacement with a new account number, just so that the developer / seller cannot possibly make any future unauthorized charges to your credit card. Good luck; you'll surely need lots of it.

 

[Passepartout]

Hi everyone,

I purchased a timeshare (with a credit card) and want to get out of it. It is past the rescission period but I have not paid the down payment yet. Will it help me get out of it if I haven't paid the down payment? Thanks for the help!

Some timeshare outfits are more willing than others to terminate your contract, but none are 'easy'. You signed a valid contract to make a purchase. It (thank the state where you bought) came with a 'cooling off' period, time to enable you to read the fine print, take it to a lawyer, financial planner, your uncle, any and everyone, and if deemed that your feet got cold, or it seemed FOR ANY REASON, or NONE, to be not in your best interest, you could back out. Rescind- an interesting word that means, 'to put affairs back to where they stood before the transaction'. As if nothing had happened. Once that rescission period has passed, LEGALLY, you're an owner. You're stuck with the decision you made and the contract you signed. One assumes that you are an adult, in possession of all your faculties, and that you were not defrauded. You signed the contract freely and willingly. You can sell it (nobody will buy it), or go bankrupt, (timeshares have negative value and can usually be discharged), or simply stop paying and suffer the consequences, such as a credit ding, lower credit score, higher mortgage and consumer loan rates, and finally foreclosure and possible awarding thee TS outfit for their legal fees to do so.

Now, I have no idea if any of the above things will happen, just that they can. And maybe not for years. If I were in your shoes, I'd write a nice letter to the board of directors of whatever TS you bought or their corporate headquarters and lay out a case for your hardship and inability to pay. If in fact it's not inability to pay, but simply cold feet and you can afford what you bought, but found out you can buy it for pennies, I doubt you'll get much sympathy.

Good luck!

Jim

 

[cdnuser]

I had to do this when I hastily bought a timeshare while in Vegas. Nevada law gives you a grace period to back out. It should be clearly written in your contract. If I remember correctly mine was around 9 days and had to be done in writing. So I fedex a letter. I was later sent the refund in full.

Hi everyone,

I purchased a timeshare (with a credit card) and want to get out of it. It is past the rescission period but I have not paid the down payment yet. Will it help me get out of it if I haven't paid the down payment? Thanks for the help!

 

[theo]

I had to do this when I hastily bought a timeshare while in Vegas. Nevada law gives you a grace period to back out. It should be clearly written in your contract. If I remember correctly mine was around 9 days and had to be done in writing. So I fedex a letter. I was later sent the refund in full.

All states have defined rescission periods, ranging from 3 days to 10 days (although it's actually 15 days in Alaska); it varies widely from one state to another.
The rescission period in NV is actually 5 days, but that's irrelevant; the OP clearly stated that the door to his / her rescission under applicable state law is closed.
The issue / question at hand is examining available options now, after the rescission period is known to have already expired.

 

[VacationForever]

Haha, Dawn Goldberry must be working for this scam company. Beware of posts like that!

 

[VacationForever]

Scam Scam Scam Scam Scam Scam Scam Scam!!!!!

 

[theo]

Dawn Goldberry must be working for this scam company.

Dunno, but I don't believe the unconvincing "Dawn Goldberry" songs of praise for this heretofore unknown "cancellation" company will be a hit on "TUG Radio".

I'd also note that in another TUG thread, "Dawn Goldberry" asks about this cancellation company, but is now suddenly instead singing its' praises, now claiming to have already successfully used them and already got "money back". Huh?

On the Internet, name-dropping (including within such unsubstantiated fairy tales) creates "name exposure" and manufactured free advertising by "company" name-dropping, achieving free self promotion and facilitating (for free) potential discovery by Internet search engines. Timeshare Release Now indeed.

Just color me dubious --- very dubious.

 

[VacationForever]

If i'm just going to get bullied every time I post in this forum, I will use go somewhere else. I'm a 70 yr old lady, living out of North Conway, NH. We are nice people, staple in our community and don't think its appropriate to treat people in that manner after I was just trying to help and respond to the original post. Isn't that what this is for

Please go and stop trying to propagate your scam company here.

 

[VacationForever]

sptung, is this a joke? I was just trying to help, sorry you've been scammed so many times to now act like a child. Get over it, are you mad we got out, and you're still paying? I can send a copy of our paperwork to prove it, give us a call [phone number redacted]

Wyndham has a program called Ovation that takes back fully paid up timeshare. It costs nothing to turn it back to them.

 

[vacationhopeful]

Thats exactly what I did

Dawn ... really, Wyndham does NOT operate ANY resort called "Blue Tree" ... the name of a resort you have listed under your ownership profile. Westgate has a resort called "Westgate Blue Tree".

Either you are a 70+ year old person who is slightly confused .. or a shill.

PS My 90 year old female relative knows what she owns. And I know what I own .. way more than your short list of a resort.... a resort which does NOT EXIST.

 

[VacationForever]

Thats exactly what I did

Really? Then why are you now confused about owning Westgate vs. Wyndham when you are caught LYING? You scammer! You cannot even tell a good lie.

 

[vacationhopeful]

Actually, sptung is a female person.

And you being a 70yo female ... I truly wonder by YOUR tone if ANY that is TRUE.

AND your PROOF of being a Wyndham owner ... has no "Dawn" ... a Pamela or a Richard as the owners.

 

[colatown]

I went on Timeshare Release Now's website, if it isn't a scam they did a damn good job of imitating a scam website.

 

[VacationForever]

Mr. (likely to be male) "Dawn Goldberry", who is quite ill-mannered, is trying to scam readers of this forum. I like that picture, how convincing!? You would love to slap me, won't you? Maybe if you would actually tell us who you are, we could call the AG to put you behind bars.

 

[Richelle]

removed

I'm not trying to punish you or anything but I think what sent alarm bells off, is when you started to sound like you were promoting a company. There are a lot of scam artists, that troll forums like these, and take advantage of a lot of good people and take their hard earned money. They got scammed by timeshare company and then they get scammed by another company promising they will get all their money back. In other words, scammed coming in, scammed going out.

I think what may have stet off the alarm bells was the comment I bolded above. That might be why people think you are a scammer trying to loop in unsuspecting owners. Timeshare companies do not refund your money on a timeshare you bought years ago. At best, they will take it back from you and not charge you any fees to take it back. Or they will allow you to cancel a contract if it's within the rescission period. And even then, they make it difficult. There are many here who are tired of scammers trolling the boards and get angry when they think someone is trying to take advantage of people. I cannot say I blame them. Perhaps you may have worded it incorrectly? I'm trying to give you the benefit of the doubt.

 

[tschwa2]

removed

In the other forum you posted in today you said you just got your paperwork from the company and were asking if anyone heard of them as though you hadn't signed with them and were asking for advice. Now all the sudden you have used them and received your money back and had the best service and outcome and have 16 posts about how great they are. HMMM.

 

[VacationForever]

In the other forum you posted in today you said you just got your paperwork from the company and were asking if anyone heard of them as though you hadn't signed with them and were asking for advice. Now all the sudden you have used them and received your money back and had the best service and outcome and have 16 posts about how great they are. HMMM.

She/he is just trying to get marketing exposure for the scam company. In the earlier response, when I said Ovation is free take back, she/he said that was what was done. If so, why would she/he need to use a 3rd party company? She/he cannot even tell a straight lie.

 

[VacationForever]

BTW, I dug a little further, Ms/Mr Dawn Goldberg here also shares a picture with Matti on the scam website, with a different phone number and with a "testimonial" on Sep 26 2016. So if her/his timeshare were indeed settled back then, why is he/she asking about this outfit in a separate thread about "I have not signed the document yet"? Unless Matti is an identical twin of Dawn, of course...

 

[theo]

I admire (but summarily reject) Richelle's charitable "benefit of the doubt" position, but before leaving this topic I will make just two observations of fact:

1. On the web site for this mystery Timeshare Release Now operation (supposedly located right here in my own geographic area, but of which I've never once heard during my several decades of timeshare ownership and involvement) a mythical fellow allegedly named Jon Lindsey claims with a big smile that as recently as 12/08/2016 (just over a week ago now), "Mr. Lindsey" allegedly received a refund check in the amount of $32,410.00 upon the (alleged) "cancellation" of three (oddly, unspecified) timeshare deeds. If anyone actually believes that story, then I have a bridge in Brooklyn that I would be happy to sell to them.
What exactly would a "deed cancellation" be, anyhow? That's not a term with which I am at all familiar. To my knowledge, deeds don't actually get "cancelled".

2. In the TUG forums, our newly appeared and intrepid (but unfortunately, not at all credible) "Dawn Goldberry" (reporting as allegedly located in New Hampshire) has provided a avatar photo. Curiously, on the web site for this unknown "cancellation" outfit called Timeshare Release Now, that exact same photo also appears, but there it is associated with a mythical satisfied customer named "Matti" --- not with "Dawn's" (alleged) NH phone number, but with a phone number having a Georgia area code. Perhaps, by some remarkable coincidence, these two are simply identical twins, located about 1,200 miles apart? Not too likely...

People can and will always believe what they choose to believe. Me? Yes, I was born very early in the morning --- but it certainly wasn't yesterday morning.

P.S. Some of "Dawn Goldberry's" quotes seem to have been suddenly removed from some recent posts in which those quotes were present just minutes ago.
I don't know (or care) by whom or why they were removed, but "Dawn Goldberry" may soon completely "disappear" here --- and what a shame that is.

 

[VacationForever]

P.S. Some of "Dawn Goldberry's" quotes seem to have been suddenly removed from some recent posts in which those quotes were present just minutes ago. I don't know (or care) by whom or why they were removed, but Dawn Goldberry seems to perhaps be disappearing; a real shame.

Looks like our dear moderators finally got on top of this scammer and deleted the thread that the scammer created as well as the quotes here.

OK, there goes my little entertainment of the day...

 

[clifffaith]

I was just saying this on another forum, only thing I can do it give you guys my personal advice on what me and my husband did with our 3 deeds. We probably contacted like 10 exit cancellation companies coast to coast. After doing our research and due diligence we ended up going with Timeshare Release Now dot com and it was probably the best decision in our lives. After 8 weeks we received our termination letters and a check for the down payment and initial purchase price we spent on the Timeshare. We thought those funds were long gone years ago, and after speaking to other outfits that provided similar services want you to pay $5-10,000 basically give up your life to cancel your timeshare, we are all set! This company was awesome, answered every time we called, and you can even talk to people live on their websites which was cool. I've always been a fine believer in "Talk about it be about it"! Especially in this Timeshare industry, everyone likes to tell you what you want to hear, all liars and cheaters. Im so glad our Timeshare nightmare is over with, and we pray for those who are still locked in those handcuffs. God Bless, Keep your head up! ~ D. Golds

For those wondering why folks are jumping on this "70 year old lady", she apparently suffers from memory issues because she posted the following on another TUG thread earlier today:

"I just received paperwork in the mail from Timeshare Release Now address shows out of Portland, ME. Has anyone worked with this group? The letter we received says they are a Cancellation Company, stops all payments, maintenance fees etc. My husband looked them up and found nothing but positive results, even phone numbers on their website to talk to people who did their programs. I dont want to make another wrong decision with this nightmare of a Timeshare. Any help, shed some light on me please"

Not only a scammer, but a scammer who can't keep her story straight. Hope the powers that be remove and block her.

 

[theo]

"Dawn Goldberry" has stated:
<snip>...shed some light on me please... <snip>

Be careful what you wish for, "Dawn Goldberry"; you are quickly being exposed here as a (marginally coherent) shill for Timeshare Release Now.

Having some light shed on you isn't necessarily beneficial to you when a focused spotlight reveals multiple red flags, various mismatches and outright contradictions within your lame story content. These (and other) revealing incongruities undermined (...completely destroyed, actually) your credibility.
You openly requested "shed some light on me please" --- O.K. then, you got it!

Eta on 12/21/16, a day later: POOF! The intrepid "Dawn Goldberry" (and all of his / her "material") has now just completely disappeared from TUG as rapidly as s/he appeared yesterday. Whether the disappearance was voluntary or (more likely) "aided" by moderators, the disappearance constitutes a public service.

 

[MuranoJo]

Dang! I missed Dawn's original post, but have enjoyed the spirited posts by Tuggers who know a shill when they see one.
I also wanted to point out that the writing style isn't representative of someone who claims they're 70. OK, may be a generalization, but in general...
(Quoted from above.) "I was just saying this on another forum, only thing I can do it give you guys my personal advice on what me and my husband did with our 3 deeds. We probably contacted like 10 exit cancellation companies coast to coast. After doing our research and due diligence we ended up going with Timeshare Release Now dot com and it was probably the best decision in our lives. After 8 weeks we received our termination letters and a check for the down payment and initial purchase price we spent on the Timeshare. We thought those funds were long gone years ago, and after speaking to other outfits that provided similar services want you to pay $5-10,000 basically give up your life to cancel your timeshare, we are all set! This company was awesome, answered every time we called, and you can even talk to people live on their websites which was cool. I've always been a fine believer in "Talk about it be about it"! Especially in this Timeshare industry, everyone likes to tell you what you want to hear, all liars and cheaters. Im so glad our Timeshare nightmare is over with, and we pray for those who are still locked in those handcuffs. God Bless, Keep your head up! ~ D. Golds"