• Please check out the review contest thread here vote for the best review and cast your vote for the best review to start 2020! winner gets a $50 gift card!
  • The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG is starting a new contest that will award $50 to the best review submitted within the next two weeks!!

    Read more here
  • TUG has now saved timeshare owners more than $14,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $14 Million dollars
  • We completed the upgrade of the TUGBBS forums recently and are still working on issues/customizations/changes etc. Please post in the thread in the ABOUT TUGBBS section with your feedback. Note if you are unable to log in or access the forums please email us at tug@tug2.net!
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

HELP! Family member needs to unload Wyndham and Hilton

CPNY

TUG Member
Joined
Jun 18, 2019
Messages
1,442
Reaction score
388
Points
133
Resorts Owned
Harborside Resort at Atlantis
SVV - Key West
SVV - Bella
After doing some legal research, that lady had eight (8) retail timeshares, seven (7) Wyndham and one (1) Westgate, both of which put a lien and foreclosed on the lady’s house. Looks like Westgate took the initiative and partnered with wyndham for the lien and foreclosure.
Wow. That’s so sad. These people are the worst. I almost want to go to wyndham and spend 3 hours in a sales presentation and make them think they are about to get a 2 million dollar contract. Then laugh and walk out when the papers come. Of course I wouldn’t trust them not to forge my signatures so I wouldn’t even mess with it. But my lord, that poor lady. It’s unfortunate but it seems like she took them by their word and just signed. It’s part abuse and part stupidity. It’s very sad.
 

rhonda

TUG Review Crew: Veteran
TUG Member
Joined
Jun 6, 2005
Messages
2,940
Reaction score
546
Points
348
Location
San Diego, CA
Resorts Owned
Worldmark, DVC, Grand Pacific Palisades, WinPointVIP
The side-story w/in this thread of the lady's video with the research added here is really, really sad. One might have thought that the Revokable Living Trust might have added some protection against losing her home over timeshare?? I'm really struggling with the lesson that a timeshare foreclosure can reach so far as to not simply take back the timeshare but to also take one's home.
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
1,796
Reaction score
1,130
Points
313
Location
Washington, DC Area
Resorts Owned
Wyndham 430k pts
Williamsburg Plant 4L/4
DRI South Bend 1/1

Been to:
Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
The side-story w/in this thread of the lady's video with the research added here is really, really sad. One might have thought that the Revokable Living Trust might have added some protection against losing her home over timeshare?? I'm really struggling with the lesson that a timeshare foreclosure can reach so far as to not simply take back the timeshare but to also take one's home.
Lessons
1) buy resale, not retail. I’m not against buying eight (8) timeshares. I currently have five (5) TS, all bought for $1. Unfortunately, that lady bought $185k in eight (8) retail Ts.
2) avoid Westgate. Wyndham didn’t initiate the lien and foreclosure, but Westgate did. Wyndham joined as a partner after westgate’s lien and foreclosure initiatives.
3) avoid HELOC even for TS loans. Westgate or Wyndham likely convinced the lady to move TS loans with high interest rates (12-20 percent) to HELOC, likely with (3-7 percent interest).
 
Last edited:

Gypsy65

TUG Member
Joined
May 11, 2019
Messages
360
Reaction score
270
Points
113
Resorts Owned
HIVC
Lessons
1) buy resale, not retail. I’m not against buying eight (8) timeshares. I currently have five (5) TS, all bought for $1. Unfortunately, that lady bought $185k in eight (8) retail Ts.
2) avoid Westgate. Wyndham didn’t initiate the lien and foreclosure, but Westgate did. Wyndham joined as a partner after westgate’s lien and foreclosure initiatives.
3) avoid HELOC even for TS loans. Westgate or Wyndham likely convinced the lady to move TS loans with high interest rates (12-20 percent) to HELOC, likely with (3-7 percent interest).
If she had a HELOC wouldn’t the TS have been fully paid and it be the bank doing the foreclosure?

Also
I’m not sure her story is what it seems

My thought
For several years she kept talking about renting the weeks but never did
Had she tried at the beginning then she would have known if it was possible

She kept saying how she was being lied to for several purchases but still purchased more with out reading the contracts?
I get it if we get burned once. But all her consecutive purchases should have been read over thoroughly
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
1,796
Reaction score
1,130
Points
313
Location
Washington, DC Area
Resorts Owned
Wyndham 430k pts
Williamsburg Plant 4L/4
DRI South Bend 1/1

Been to:
Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
If she had a HELOC wouldn’t the TS have been fully paid and it be the bank doing the foreclosure?

Also
I’m not sure her story is what it seems

My thought
For several years she kept talking about renting the weeks but never did
Had she tried at the beginning then she would have known if it was possible

She kept saying how she was being lied to for several purchases but still purchased more with out reading the contracts?
I get it if we get burned once. But all her consecutive purchases should have been read over thoroughly
The lady was a tax scofflaw who hadn’t paid federal taxes totaling $126k for at least 10 years. Westgate has relationships with its Central Florida Investments affiliates offering HELOC.
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
1,796
Reaction score
1,130
Points
313
Location
Washington, DC Area
Resorts Owned
Wyndham 430k pts
Williamsburg Plant 4L/4
DRI South Bend 1/1

Been to:
Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
If she had a HELOC wouldn’t the TS have been fully paid and it be the bank doing the foreclosure?

Also
I’m not sure her story is what it seems

My thought
For several years she kept talking about renting the weeks but never did
Had she tried at the beginning then she would have known if it was possible

She kept saying how she was being lied to for several purchases but still purchased more with out reading the contracts?
I get it if we get burned once. But all her consecutive purchases should have been read over thoroughly
I could also imagine her thinking,”Let’s go with a different TS company! Westgate is great! Interest rates at only 3 percent! Westgate even refinanced all my other Wyndham TS loans that had ripoff 20 percent!”

Then came the Westgate liens and foreclosures.
 
Last edited:
Top