Help with DRI rescission

[dioxide45]

Rescission finalized, got full refund on time. Well that's nice, but I'm still scratching my head about these Diamond Points. What is the real value?

The value is in their usage, not in what they can be resold for. That probably applies to about 90% of all timeshares. Buy for the vacations you can have, not for the ability to resell.

 

[Mark_I]

I see. Well, I still seek a way to get out of the house more, and everybody loves a bargain, so what should path should I pursue?

 

[LannyPC]

I see. Well, I still seek a way to get out of the house more, and everybody loves a bargain, so what should path should I pursue?

There's always the option of renting from current owners. Oftentimes rentals could be found for less than the MFs. Have you checked out TUG's Last Minute Rental section? If you can wait until no more than 45 days away from your intended travel date, you can post a free ad asking to rent a timeshare for less than $100/night.

Renting also allows you to "try before you buy" to make sure that timeshares are right for you.

 

[TUGBrian]

rentals are an outstanding way to get into timesharing to see if its right for you without any commitment!

 

[Mark_I]

That sounds like an excellent place to start! Now I have some idea how to proceed, thanks!

 

[JS_7]

Hi all,

Hoping I could get some advice on this topic. Specifically, was wondering what information I would need to include in the "written notice" in order to successfully cancel (I'm currently within my cancellation period), and also what format to use (typed and signed, handwritten, etc.) Anyone who has had success (Mark_I or others?), would appreciate your input.

Thanks.

 

[TUGBrian]

no need to overthink it...or even provide a reason...just a simple letter expressing your desire to cancel is all that is required!

http://tug2.net/timeshare_advice/cancel_timeshare_purchase.html

 

[JS_7]

Thank you! That link was very helpful. A couple last questions (and this may be me overthinking, so I apologize in advance):

1) Does a typed letter, signed at the bottom suffice? (Or is it better to be hand written?)

2) This is for the DRI Sampler Package (rather than a permanent package), but I'm assuming same format for the letter would apply?

 

[DanZale2000]

1) Does a typed letter, signed at the bottom suffice? (Or is it better to be hand written?)

2) This is for the DRI Sampler Package (rather than a permanent package), but I'm assuming same format for the letter would apply?

1) It doesn't matter weather the letter is typed or hand written.

2) In most cases the sampler cannot be cancelled. A sampler bought in Hawaii, Nevada, Arizona, Missouri cannot; if bought in California, it can be cancelled. I don't know about other states. You should check your paperwork.

 

[Talya]

1) It doesn't matter weather the letter is typed or hand written.

2) In most cases the sampler cannot be cancelled. A sampler bought in Hawaii, Nevada, Arizona, Missouri cannot; if bought in California, it can be cancelled. I don't know about other states. You should check your paperwork.

Ah, I just started another thread regarding this. Sorry for the duplication. Oh well.

Looks like I cannot cancel because I bought the Sampler in Arizona. One question answered.

 

[dandjane1]

We did a recission a year ago at Grand Beach Orlando - just when Apollo bought DRI. We were told that unless we bought more points NOW, we'd lose the Loyalty Level benefits on what we owned prior, due to the sale of Diamond. Read the online sales/purchase agreement (Diamond to Apollo) and did the letter next day Certified/Return Receipt. We also kept the tablet computer we were "gifted"with no problem. The recission feature is a great consumer protection.

 

[Talya]

We did a recission a year ago at Grand Beach Orlando - just when Apollo bought DRI. We were told that unless we bought more points NOW, we'd lose the Loyalty Level benefits on what we owned prior, due to the sale of Diamond. Read the online sales/purchase agreement (Diamond to Apollo) and did the letter next day Certified/Return Receipt. We also kept the tablet computer we were "gifted"with no problem. The recission feature is a great consumer protection.

See this thread with stories from others, too: https://tugbbs.com/forums/index.php?threads/sampler-just-purchased-in-arizona.261944/