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embarrassment is certainly a huge factor there one would think.
 
Something interesting I noticed. I read 3 of these story's in full & then checked the stats of the original poster. All 3 never posted again after they rescinded.
They got great advice, were saved a lot of money & left, never to return. Hmmm...

Speaking from the point of view of a new member who nearly got stuck into a dealer sold timeshare...

We nearly bought a timeshare because of all the great things we were told and the potential benefits we could see in their presentation. The issue for me is I am the type who likes to research and attempt to know has much as possible before diving into something (especially an investment). When I started looking at timeshares the overwhelming initial information was get out and away from them. I still kept digging because I liked the potential that a timeshare could offer my family. Besides I figured there would be alot more reports if they were scams that I read.

So this when I stumbled across TUG, advice for people with timeshares from people who have them. The vast amount of information on this site can be overwhelming, but effective for making an educated decision when purchasing a timeshare. This is what I believe most people are looking for who stumble onto this site, and when they gain the facts they are looking for the make the decision to make that first purchase, figure a way out of that purchase, deal with their unfortunate purchase, or decide the timeshare is not something that works for them. Anyways I think that most people would look at this site like an encyclopedia which they may read it when a question needs to be answered, but they are not interested in cuddling up next to the fire and reading everyday...

In any case I am in process of making my second timeshare purchase and received the deposit back after the recission from my first timeshare...which neither would be possible without TUG, so I am not planning on going anywhere. I am sure I will need more advice after my purchase is finalized:D
 
I posted in the Newbies thread but I soon hope to be adding my success story here. I purchased Bluegreen at retail price :wall: on Sunday and will be sending my rescission notice tomorrow. Wish me luck!
 
No wonder you always seem so popular at ARDA! ;)

This year, you should have a shirt made that reads "$3million and counting!".. :cheer:
 
I stopped going to ARDA.

mysteriously after the "banning" from the resale forum a few years back, they decided to stop providing me a press pass to their events.

I did however this year for the first time get a bill for their membership....be sure to pay that asap! lol
 
It’s amazing how much this forum has saved but none of this would be possible without the suckers that are paying full retail from the developer.
 
BROKE 4 MILLION!

finished up searching the marriott forum (still have about 20 links to add but the numbers are correct)
 
Another Person Saved

I am now a member of this community, and wanted to thank the group for giving me the information I needed to undertstand my purchase and RESCIND my contract.

I just got the call from the DRI agent trying to convince me to stay with the deal, so I know I have filed the letter correctly. I was on the hook for $24k for 7500 pts with other add-ons and bonuses. The price seemed OK until I finally found this site. Now, I have seen the light!
I will be spending the next many months testing and reading before I make a purchase, but early indicators are that I will be renting and someday possibly buying into Wyndham's system.

Again, many thanks, and apologies in advance for the questions as I get up to speed.
 
glad you found us in time, imagine how much you will enjoy your new timeshare with an extra 24 thousand dollars to spend on vacations!
 
sweet 6lb 12oz chocolate baby jesus....I just finished doing the starwood forum.

that forum alone, had 67 folks confirming rescission...for a grand total of 1.74 MILLION dollars in cancelled purchases. there were about 20 more that just missed their rescission period :( and a good deal more who didnt mention any price at all.

I want to say DeniseM was listed on nearly all the posts after her joining the group a few years back =)

have to add these lin line with the ones above at a later time, this took way more of my day than id anticipated!

1. 1/07 SW $71k http://www.tugbbs.com/forums/showthread.php?t=38065&highlight=rescind
2. 2/07 SW 10k http://www.tugbbs.com/forums/showthread.php?t=41407&highlight=rescind
3. 4/07 sw $50k http://www.tugbbs.com/forums/showthread.php?t=45091&highlight=rescind
4. 2/07 sw $20k http://www.tugbbs.com/forums/showthread.php?t=41099&highlight=rescind
5. 9/07 sw $16k http://www.tugbbs.com/forums/showthread.php?t=54802&highlight=rescind
6. 1/08 sw $49k http://www.tugbbs.com/forums/showthread.php?t=62932&highlight=rescind
7. 1/08 sw $27k http://www.tugbbs.com/forums/showthread.php?t=62932&highlight=rescind
8. 3/08 sw $18k http://www.tugbbs.com/forums/showthread.php?t=68162&highlight=rescind
9. 4/08 sw $40k http://www.tugbbs.com/forums/showthread.php?t=69286&highlight=rescind
10. 4/08 sw $10k http://www.tugbbs.com/forums/showthread.php?t=69803&highlight=rescind
11. 4/08 sw $25k http://www.tugbbs.com/forums/showthread.php?t=69937&highlight=rescind
12. 5/08 sw $15k http://www.tugbbs.com/forums/showthread.php?t=70684&highlight=rescind
13. 5/08 sw $10k http://www.tugbbs.com/forums/showthread.php?t=70902&highlight=rescind
14. 5/08 sw $14k http://www.tugbbs.com/forums/showthread.php?t=72383&highlight=rescind
15. 6/08 sw $56k http://www.tugbbs.com/forums/showthread.php?t=74078&highlight=rescind
16. 7/08 sw $53k http://www.tugbbs.com/forums/showthread.php?t=76426&highlight=rescind
17. 7/08 sw $36k http://www.tugbbs.com/forums/showthread.php?t=77157&highlight=rescind
18. 8/08 sw $50k http://www.tugbbs.com/forums/showthread.php?t=77997&highlight=rescind
19. 8/08 sw $20k http://www.tugbbs.com/forums/showthread.php?t=79277&highlight=rescind
20. 10/08 sw $21k http://www.tugbbs.com/forums/showthread.php?t=83671&highlight=rescind
21. 10/08 sw $12k http://www.tugbbs.com/forums/showthread.php?t=83671&highlight=rescind
22, 11/08 sw $14k http://www.tugbbs.com/forums/showthread.php?t=84970&highlight=rescind
23. 2/09 sw $37k http://www.tugbbs.com/forums/showthread.php?t=91798&highlight=rescind
24. 4/09 sw $12k http://www.tugbbs.com/forums/showthread.php?t=96501&highlight=rescind
25. 5/09 sw $55k http://www.tugbbs.com/forums/showthread.php?t=98711&highlight=rescind
26. 6/09 sw $20k http://www.tugbbs.com/forums/showthread.php?t=99229&highlight=rescind
27. 8/09 sw $10k http://www.tugbbs.com/forums/showthread.php?t=103961&highlight=rescind
28. 8/09 sw #15k http://www.tugbbs.com/forums/showthread.php?t=103996&highlight=rescind
29. 9/09 sw $40k http://www.tugbbs.com/forums/showthread.php?t=106840&highlight=rescind
30. 11/09 sw $36k http://www.tugbbs.com/forums/showthread.php?t=109817&highlight=rescind
31. 11/09 sw $12k http://www.tugbbs.com/forums/showthread.php?t=109662&highlight=rescind
32. 1/10 sw $12k http://www.tugbbs.com/forums/showthread.php?t=114247&highlight=rescind
33. 1/10 sw $37k http://www.tugbbs.com/forums/showthread.php?t=114990&highlight=rescind
34. 3/10 sw $30k http://www.tugbbs.com/forums/showthread.php?t=117916&highlight=rescind
35. 4/10 sw $30k http://www.tugbbs.com/forums/showthread.php?t=119119&highlight=rescind
36. 5/10 sw $21k http://www.tugbbs.com/forums/showthread.php?t=122508&highlight=rescind
37. 8/10 sw #34k http://www.tugbbs.com/forums/showthread.php?t=128848&highlight=rescind
38. 2/11 - #18k http://www.tugbbs.com/forums/showthread.php?t=140593&highlight=rescind
39. 2/11 $20k http://www.tugbbs.com/forums/showthread.php?t=140639&highlight=rescind
40. 5/11 $17k http://www.tugbbs.com/forums/showthread.php?t=146573&highlight=rescind
41. 6/11 $20k http://www.tugbbs.com/forums/showthread.php?t=150581&highlight=rescind
42. 6/11 $14k http://www.tugbbs.com/forums/showthread.php?t=152018&highlight=rescind
43. 8/11 $13k http://www.tugbbs.com/forums/showthread.php?t=153217&highlight=rescind
44. 8/11 $20k http://www.tugbbs.com/forums/showthread.php?t=152736&highlight=rescind
45. 8/11 $20k http://www.tugbbs.com/forums/showthread.php?t=154035&highlight=rescind
46. 8/11 $33k http://www.tugbbs.com/forums/showthread.php?t=154109&highlight=rescind
47. 10/11 $55k http://www.tugbbs.com/forums/showthread.php?t=157005&highlight=rescind
48. 10/11 $15k http://www.tugbbs.com/forums/showthread.php?t=157611&highlight=rescind
49. 5/11 $29k http://www.tugbbs.com/forums/showthread.php?t=147686&highlight=rescind
50. 11/11 $15k http://www.tugbbs.com/forums/showthread.php?t=158226&highlight=rescind
51. 12/11 $35k http://www.tugbbs.com/forums/showthread.php?t=161181&highlight=rescind
52. 12/11 $50k http://www.tugbbs.com/forums/showthread.php?t=161081&highlight=rescind
53. 1/12 $45k http://www.tugbbs.com/forums/showthread.php?t=161753&highlight=rescind
54. 4/12 $16k http://www.tugbbs.com/forums/showthread.php?t=155838&highlight=rescind
55. 4/12 $20k http://www.tugbbs.com/forums/showthread.php?t=169753&highlight=rescind
56. 8/12 $15k http://www.tugbbs.com/forums/showthread.php?t=178575&highlight=rescind
57. 9/12 $22k http://www.tugbbs.com/forums/showthread.php?t=182676&highlight=rescind
58. 12/12 $20k http://www.tugbbs.com/forums/showthread.php?t=183329&highlight=rescind
59. 1/13 - $10k http://www.tugbbs.com/forums/showthread.php?t=186335&highlight=rescind
60. 5/13 $31k http://www.tugbbs.com/forums/showthread.php?t=192268&highlight=rescind
61. 10/13 $12k http://www.tugbbs.com/forums/showthread.php?t=200868&highlight=rescind
62. 10/13 $20k http://www.tugbbs.com/forums/showthread.php?t=200905&highlight=rescind
63. 11/13 $37k http://www.tugbbs.com/forums/showthread.php?t=201424&highlight=rescind
64. 2/14 $10k http://www.tugbbs.com/forums/showthread.php?t=206729&highlight=rescind
65. 11/13 $25k http://www.tugbbs.com/forums/showthread.php?t=202678&highlight=rescind
66. 4/13 $37k http://www.tugbbs.com/forums/showthread.php?t=190184&highlight=rescind
67. 2/14 $20k http://www.tugbbs.com/forums/showthread.php?t=206076&highlight=rescind
 
Broke $6,000,000 with a few found today!

SIX MILLION DOLLARS in direct savings for folks who did nothing more than find TUG in time to rescind.

this is incredible to me.
 
and we broke 7 million!!!!

truly a wonderful resource this free forum is to all timeshare owners!
 
Hit 7.5million in rescission savings today! absolutely outstanding!
 
nearly at 500 owners saved!!

please for any of you guys who see these threads where folks find us in time to get help and rescind, report them using the little white triangle (on our current XenForo bulletin board software it's the blue "Report" link at the bottom of the post) and mention its a rescission thread so we can add it to the list!

so much good karma in the bank from everyone who helps these people save a fortune!
 
Last edited by a moderator:
Thanks Community for Saving Us Thousands $$!! HICV

Never thought I'd even consider buying a timeshare, but right after purchasing at Holiday Inn Club Vacations I began to research. This group and another website I found convinced me that receding was the best thing to do. I was excited about the timeshare and looked forward to using it so it was a little hard to face the facts that there was a better way, kinda felt like stepping on my pride I guess. Anyway, we were excited once we decided to recind, relieved that we just got our money back and are now excited to research and possibly buying resale.

The details of the deal:
We bought 62,000 HICV points. A unit in Orange Lake
The purchase price was $7,820, $960 in fees, $771 maintenance.

I sent a recision letter within about a week after purchase and received my down payment back in my bank after about two weeks of sending the letter. I'd like to point out that per our contract we had 15 DAY'S to recind since we purchased a unit in Florida while in Tennessee so be sure to read your contract, you may have more than the 10 days most post reference.

Thank you all for your contribution to this community.
 
Anyway, we were excited once we decided to recind, relieved that we just got our money back and are now excited to research and possibly buying resale.

Have you also looked into renting from current owners? With weeks in central FL, there is far more supply than demand so it's possible with a little searching and negotiating that you will be able to find a week for less than the MFs.
 
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