Developer buy back??? Please help.... [merged]

[DeniseM]

Did you call the sales office and talk to this person?

Or is this someone who called or contacted you independently?

You will not get any help by calling the sales office - their job is to talk you out of trying to get out of your purchase.

Right now you know nothing about this new offer - don't make the same mistake of signing up for something you don't understand, all over again.

 

[DeniseM]

This is just my personal opinion, but this is what I would do.

Right now, rescind the original contract following the instructions in your sales packet EXACTLY. State that you were unable to rescind within 5 days, because your husband is in the military and he was unavailable to sign the rescission papers until today because of his military service. Don't be wishy-washy. Be firm in your letter.

Send the letter registered - return receipt requested. Keep copies of everything.

Then dispute the charges with your credit card company.

Then wait for a response.

When they call - be ready to be tough! Insist that you were legally unable to rescind because of your husband's military service and that you ARE going to rescind now.

Don't get drawn into long arguments and counter offers. No matter what they say, you repeat the same thing - Please process our rescission, we are not going to purchase this timeshare. Say it as many times as you have to.

I can't guarantee that it will work, but it's a place to start.

 

[kategio]

Thank you so much for the help. The person that I am talking to right now (through email because he never returns my calls) is int e owner support part of the company.

He told me that even if you are one day late or one year the law is the law. My husband was only away for part of our recission period and I am scared that they will use that. The thing is that it isn't fair because if he was home on the 4th and 5th day I would not be in this mess.

They said that we have 3 options:

1. pay on our time share now for a lower interest payment

2. get a smaller package, more affordable like this VVV package...which is not a timeshare

3. or 3 foreclose and we are screwed. I do not want to mess around with that.

Is this VVV package just a membership...or are we locked in for life?

 

[kategio]

P.S

Don't worry i will never rush into anything again

 

[DeniseM]

The person that I am talking to right now (through email because he never returns my calls) is int e owner support part of the company.

How do you know he is with the company? How do you know he isn't some scammer who read about your problem right here on TUG and is now trying to sucker you into another deal?


Kate - Listen again - the sales office is NOT going to help you.

Just because "they" said you only have 3 options doesn't make it TRUE!

You have NOTHING to lose by trying to rescind now, and playing the military service card - nothing!

You have EVERYTHING to lose by going along with more sales baloney options that you don't even understand.

The worst thing they can say is "no" - so what? If you don't try, you will never know.

 

[kategio]

Okay, I will give it a go!

thanks and I will keep you posted!

 

[DeniseM]

Can you get your husband's supervisor to write a letter to include stating that your husband was deployed on the dates involved - on military letterhead and as pompous and official as possible?

 

[prickler]

Don't let everyone make you feel stupid for falling prey to those snakes at the grandview. Before I knew anything about timeshares my fiance and I feel for their lies and bought a small package at the grandview. I was very hesitant, but we love to travel and my fiance was mesmerized by the sales pitch. I caved in only after the promises of "building equity" and "investing in the future."

When I got home I did dome research and found out that what we had just bought was basically worthless. Then I had to crush my fiances new found excitement by informing her that we needed to rescind asap. Waiting to have my deposit refunded and recession paperwork finalized was excruciating. The sales lady even had the nerve to contact my fiance after I sent the recession paperwork in and ask if we were having financial problems at home. (yeah I cant afford to throw away $15,000) Probably the most aggravating 2 weeks of my life. I feel very fortunate I was able to get my money back.

I would never purchase from such people after the knowledge I have gained through tug. The average person who attends these presentations doesn't have the luxury of information only countless hours of research can provide. They target specific demographics for a reason.

The fact that you are researching and trying to rescind puts you ahead of 90% of the suckers who fall for the lies. I wish you the best in your quest to rescind. Do they really expect us to believe their product is worth thousands of dollars and they won't take it back for free?

 

[Talent312]

I suggest that before your DH (dear husband) deploys again, or if deployed, that he give you a power of attorney to sign his name and act in his stead. There are forms on the net or a JAG office can help.

With a POA, there is no need to wait for him to come home to take care of business. For that matter, with his approval, you could easily have signed his name and the sales-creeps would have been none the wiser.

But that's water under the bridge.

I suggest that you and your DH read up on the federal "Soldier's and Sailor's Relief Act" which provides protections for military personnel who are sued... as you will likely be when the bill collectors realize that you are not going to pay.

As long as you are prepared for the down-side... harassing phone calls, threatening letters and a visit from a process server. It all sounds scary, but lots of people look decide not to honor contracts on a cost-benefit basis. If keeping your $$ in your pocket, even if sued, is more important than compliance, do wht you have to do.

As for them doing the right thing due to your DH's service, don't hold your breath. In a perfect world, folks would treat other folks with kindness and understanding, but in the timeshare-world, laws and contracts are strictly enforced.