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Dumping a Timeshare Through the Park at Foxborough

Dave&Linda

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I know, I know but wife talked me into going to a presentation on how to get rid of your timeshare. Turns out the deal is run by one Danny Austin who claims to own all of the subject timeshare and contracts are through that facility. His deal is to get folks to contract with him to get rid of your timeshare within 270 days with no money down by dealing with unidentified timeshare lawyers, "Switch It", Lloyds of London, and Edward Jones. While no money is put up front, the contract calls for a payment of $169 a month for a little over 8 years; after 10 years you get everything you put in back. As part of the deal he gives you an RCI Platinum account with 40,000 points each year for $249 a year and up to 500,000 points more for $.01 a point if you need more. Again, the deal is to get rid of your timeshare in no later than 270 days from signing the contract and if they do it all you have paid in ($179 a month) is returned to you and the contract considered invalid. I know one never wants to hand over cash to these PC folks, but this is a different twist on things, or have I been out out the loop too long. Comments certainly welcome.
 

TUGBrian

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the contract calls for a payment of $169 a month for a little over 8 years; after 10 years you get everything you put in back.

what could go wrong?
 

HudsHut

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You own a 3 star timeshare in Branson, an area overbuilt with timeshares.
Have you contacted your timeshare resort, to ask if they will take it back?
1708052454552.png


If your timeshare Homeowners Association will not take your deed in lieu of foreclosure, then you will have to make the difficult decision to stop paying.
Then they will foreclose.
DO NOT ATTEND ANY "GET OUT OF YOUR TIMESHARE PRESENTATIONS".


RCI:

The Park @ Foxborough #C773

RCI Hospitality

Branson, MO USA

Weather Informationopens a pop up
Resort WebsiteThe Park @ Foxboroughopens in a new window
898 Reviews
 
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moonstone

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77,000 RCI points (Sunrise Ridge Resort, TN)
the contract calls for a payment of $169 a month for a little over 8 years; after 10 years you get everything you put in back.
what could go wrong?

What guarantee does he give that they'll still be around in 8 or 10 years. Might as well cut him a cheque for the full amount to start off. :p

Have you read the Help & Advice section above?


~Diane
 
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dioxide45

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If it sounds too good to be true....
 

Dave&Linda

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You own a 3 star timeshare in Branson, an area overbuilt with timeshares.
Have you contacted your timeshare resort, to ask if they will take it back?
View attachment 88688

If your timeshare Homeowners Association will not take your deed in lieu of foreclosure, then you will have to make the difficult decision to stop paying.
Then they will foreclose.
DO NOT ATTEND ANY "GET OUT OF YOUR TIMESHARE PRESENTATIONS".


RCI:

The Park @ Foxborough #C773​


RCI Hospitality

Branson, MO USA

Weather Informationopens a pop up
Resort WebsiteThe Park @ Foxboroughopens in a new window
898 Reviews
The way he described it is nobody "owns" at the Foxborough, he has the deeds to all units. And yes, I talked to place I am trying to dump and they said they do not take units back period.
 

Dave&Linda

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What guarantee does he give that they'll still be around in 8 or 10 years. Might as well cut him a cheque for the full amount to start off. :p

Have you read the Help & Advice section above?


~Diane
According to the contract, the "deal" is guarenteed by Lloyds and Edward Jones, if he's out of the picture.
 

T-Dot-Traveller

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The way he described it is nobody "owns" at the Foxborough, he has the deeds to all units .......
Hi @Dave&Linda Without knowing anything - here is my "opinion"

At best ,aka Danny Austin is doing some kind of real estate flip and / or buy and rent the peak season deeds for bigger money on Expedia etc. ;
- and then running a "side hustle" with the $ 169 - $249 a month program to owners who "want out of the deed" but still travel.

1) 40,000 RCI points for a MF of $ 2028 is a really really bad points to MF ratio [ 169 x 12 = 2028 }
2) Get it a$$ back in 10 years = nice / Does he also throw in a deed to a bridge in Brooklyn?

3} a penny a point for up to 500,000 more RCI points is not bad ; But let's say you bought 100,000 more RCI points
when combined with # 1 above ; you are paying almost 2.5 cents for 140,000 RCI points. { ie - way too much]


*********
Are you currently using your week at The Park at Foxborough Resort ?
If you are not using the week at the resort - have you deposited your week into RCI via their affiliation ?
What is your MF for 2024 ?
 

WorldT

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Okay guys. I am not sure if the posting is missing the sequence or the offer is badly written. The offer is confusing to me.
If I am guaranteed an exit in 270 days (or money back) why would I have to pay $169( or 179) every month after the 270 days?
Am I misreading this?
 

RX8

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So much is being shoveled in that offer that it smells like a manure farm.

It appears that Danny Austin is a former timeshare salesman. There are complaints of him lying for Summer Wind Resorts in Branson as far back as 2013.

Here is a 2022 complaint about Danny Austin on the same resort and similar scheme as posted by the OP. That complaint mentions Relief Consultants International, a now out of business exit company.



Every single “hotel presentation” about your timeshare is absolutely going to be guaranteed to be a scam. High pressure, scare tactics and flat out lies are standard. This offer is nothing more than lipstick on a pig. I wouldn’t trust them to be around in six months let alone 10 years (when you supposedly get all your money back). Seriously, what legit business would collect money for eight years and then promise to give it all back at the ten year mark?
 
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TheTimeTraveler

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I know, I know but wife talked me into going to a presentation on how to get rid of your timeshare. Turns out the deal is run by one Danny Austin who claims to own all of the subject timeshare and contracts are through that facility. His deal is to get folks to contract with him to get rid of your timeshare within 270 days with no money down by dealing with unidentified timeshare lawyers, "Switch It", Lloyds of London, and Edward Jones. While no money is put up front, the contract calls for a payment of $169 a month for a little over 8 years; after 10 years you get everything you put in back. As part of the deal he gives you an RCI Platinum account with 40,000 points each year for $249 a year and up to 500,000 points more for $.01 a point if you need more. Again, the deal is to get rid of your timeshare in no later than 270 days from signing the contract and if they do it all you have paid in ($179 a month) is returned to you and the contract considered invalid. I know one never wants to hand over cash to these PC folks, but this is a different twist on things, or have I been out out the loop too long. Comments certainly welcome.



Don't let him reach into your pockets! RUN AWAY as fast as you can!





.
 

RX8

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Okay guys. I am not sure if the posting is missing the sequence or the offer is badly written. The offer is confusing to me.
If I am guaranteed an exit in 270 days (or money back) why would I have to pay $169( or 179) every month after the 270 days?
Am I misreading this?
This offer is coming from a former timeshare salesperson. It is MEANT to be confusing. There are two aspects to this “offer”. One is the timeshare exit, the other is a program with use of RCI points. You lose either way.
 

WorldT

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Yes. I figured out the part 2.
The program to use the RCI points is $249 per year for 40k RCI points with a platinum membership. This part (assuming it is true) is technically not a bad deal. I wouldn't know until I see the details in writing :)
The exit part is the confusing part.
 

RX8

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Yes. I figured out the part 2.
The program to use the RCI points is $249 per year for 40k RCI points with a platinum membership. This part (assuming it is true) is technically not a bad deal. I wouldn't know until I see the details in writing :)
The exit part is the confusing part.
But, in order to use the RCI points you would need to pay $249/year PLUS $169/month for 8 years (that is $16,224). Now, you are probably thinking why don’t I only pay the $169 for 9 months since they guarantee I’ll be out of the timeshare within 270 days. Then I can stop paying! That means I would have paid “only” $1,521 for the timeshare exit. Great deal right? All I would say to that is there is no way you will scam a scammer.
 

RX8

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The way he described it is nobody "owns" at the Foxborough, he has the deeds to all units.
He is full of lies because he wants your money. If HE really owns all the deeds, like he is lying about, then you wouldn‘t own anything and could just stop paying and walk away scot-free (and money free).
 

jeffox

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I thought with the "owns all deeds" thing that this was a viking ship type scam, maybe it is, with an extra RCI grift for long term payments.
 

T-Dot-Traveller

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I thought with the "owns all deeds" thing that this was a viking ship type scam, maybe it is, with an extra RCI grift for long term payments.

Assuming it was actually true - It could also be a gain control of the real estate underlying the resort.
There are some TUG threads about this being done- to then resell or raze & build full ownership condos

However I think @RX8 has noted above the details of Mr. Danny Austin's mode of operation and profile.
 
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Fido Chuckwagon

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I know, I know but wife talked me into going to a presentation on how to get rid of your timeshare. Turns out the deal is run by one Danny Austin who claims to own all of the subject timeshare and contracts are through that facility. His deal is to get folks to contract with him to get rid of your timeshare within 270 days with no money down by dealing with unidentified timeshare lawyers, "Switch It", Lloyds of London, and Edward Jones. While no money is put up front, the contract calls for a payment of $169 a month for a little over 8 years; after 10 years you get everything you put in back. As part of the deal he gives you an RCI Platinum account with 40,000 points each year for $249 a year and up to 500,000 points more for $.01 a point if you need more. Again, the deal is to get rid of your timeshare in no later than 270 days from signing the contract and if they do it all you have paid in ($179 a month) is returned to you and the contract considered invalid. I know one never wants to hand over cash to these PC folks, but this is a different twist on things, or have I been out out the loop too long. Comments certainly welcome.
Best case scenario, if it’s not an outright scam, it sort of sounds like he’s just acting as a timeshare reseller, trading timeshares between his “clients” and charging them $169 a month for 8 years for the privilege of doing so.
 

Fido Chuckwagon

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According to the contract, the "deal" is guarenteed by Lloyds and Edward Jones, if he's out of the picture.
Lloyds Winnebago & Crab Shack on Court Street maybe.
 

Fido Chuckwagon

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Yes. I figured out the part 2.
The program to use the RCI points is $249 per year for 40k RCI points with a platinum membership. This part (assuming it is true) is technically not a bad deal. I wouldn't know until I see the details in writing :)
The exit part is the confusing part.
What? It’s $249 a year plus $169 per month. It’s a terrible deal.
 

Tbrown

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I know, I know but wife talked me into going to a presentation on how to get rid of your timeshare. Turns out the deal is run by one Danny Austin who claims to own all of the subject timeshare and contracts are through that facility. His deal is to get folks to contract with him to get rid of your timeshare within 270 days with no money down by dealing with unidentified timeshare lawyers, "Switch It", Lloyds of London, and Edward Jones. While no money is put up front, the contract calls for a payment of $169 a month for a little over 8 years; after 10 years you get everything you put in back. As part of the deal he gives you an RCI Platinum account with 40,000 points each year for $249 a year and up to 500,000 points more for $.01 a point if you need more. Again, the deal is to get rid of your timeshare in no later than 270 days from signing the contract and if they do it all you have paid in ($179 a month) is returned to you and the contract considered invalid. I know one never wants to hand over cash to these PC folks, but this is a different twist on things, or have I been out out the loop too long. Comments certainly welcome.
PLEASE reach out to the MO AG office. I know several owners who had been requesting deed back options for over a year and had filed complaints with the MO AG office due to absolutely no response from RAF. All of the sudden Mr. Austin contacted them offering them deed back docs contingent upon a 2500 payment and them dropping their complaint. It costs less than 300 to file deed back documents at the clerks office. I don't know what Mr. Austin is up to but it doesn't sound good.
 

vacation911

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Yah, Pay me for 8 years, and then I will pay you back in 10....Sounds real legit. I would run form this as fast as I can..
 

theo

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His deal is to get folks to contract with him to get rid of your timeshare within 270 days with no money down by dealing with unidentified timeshare lawyers, "Switch It", Lloyds of London, and Edward Jones. <snip>
I must admit that my eyes nearly became crossed just reading through the remaining unquoted content of this …ahh…“strange proposal”.🥴

Danny Austin? Unidentified lawyers? Lloyd’s of London? Edward Jones?
Pay money for 8 years with all money paid returned to you after 10 years?
Seriously? Was all of this actually presented with a straight face?

I hope that your instinctive reaction was to just lace up your running shoes to get going in the opposite direction — while the getting was still good.
 
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