Hundreds of Timeshare Owners have found TUG & saved Millions of dollars cancelling timeshares!

[jmarphil]

I can't thank this group/community enough for the GREAT INFO and insight on timeshares! First of all, I am not sure I got my rescission letter in on time, however, if so we( my wife and I) will have saved about $21,000.00 thanks to the information from this forum. We did the HGVC presentation in Myrtle Beach at the Ocean 22 and it was awesome to include the HHonors points for the $500 to stay at the Anderson Ocean Club for 3 nights back in Dec. Well, since they couldn't get us there to "buy in" they offered a "locked rate and a VIP package at 8 different resorts to use in the next 18 months. Long story short, HGVC Main Sales in Orlando called and made us an offer that was pretty good, 1 Bdrm 3400 annual Gold Points at Ocean Enclave Myrtle Beach, SC. They would lock a lower cost for the points and a MF of $800 plus annual club dues and award 1400 bonus points and "match with addl. 1400 bonus points" for accepting the deal. Total cost almost $23,000.00 financing roughly $19,000.00. I did get a confirmation email they had received the cancellation/rescission letter and the sales team member agreed that he would work to rescind the contract.....Here's hoping!!!! Now I plan to "bargain hunt" here on TUG for a better resale opportunity after reading all of "New To Timesharing" advice. As a "THANK YOU" to Tug I paid the $15 and joined TUG. Thank you all for the GREAT ADVICE! I HIGHLY RECOMMEND YOUR site and membership. Thanks again!

 

[heitmullerj02]

If you really want HGVC check on ebay, I bought 5k points, 2 bedroom lockoff, for $100 at a lovely resort in Carlsbad. I enjoy going every year and have not wanted to trade yet. Will try that next year.

 

[Grammarhero]

2/20 - Wyndham - $24k

[ 2019 ] Instructions on cancelling your recent Wyndham timeshare purchase

Hello. I signed up today for a timeshare, and when getting home and reading the manual, and comparing to what we were told about the Wyndham program, they are two different stories. Our contract, in NY, says we have 7 days to cancel and to refer to page 1 for guidance. However, page one has no...

tugbbs.com

 

[Grammarhero]

2/20 - HGVC - $22k

1st time poster!

All...firstly, thanks for this resource. My family and I were solicited with a week long stay in Ocean Towers, HI from 10-16 Feb, and got duped into buying during the presentation (22k for 4800 Plat EOY 1 br + 12k points as an incentive). Needless to say, upon finding this site, and learning...

tugbbs.com

 

[Grammarhero]

2/20 - Wyndham - $19.8k

I need to rescind but I don't even have the contract!

You are indeed among the fortunate people who have found TUG in time to rescind. The timeshare company is required by law to rescind your contract when you comply with the rescission instructions given in your contract. You are within the specified time frame and you can rest assured that all...

tugbbs.com

 

[CPNY]

2/20 - DVC - $19.5k

I need to rescind but I don't even have the contract!

So we're at Wyndham in TN currently and got talked into purchasing 126,000 after the sales rep basically promised us that would buy us trading through RCI into DVC for a fraction of the cost (we've debated DVC for years but truthfully cant afford it). This was more affordable but now looking...

tugbbs.com

It’s Wyndham. The conversation went to DVC that’s why they initially purchased (weasel sales rep buy here and use to trade for Disney)

 

[Grammarhero]

It’s Wyndham. The conversation went to DVC that’s why they initially purchased (weasel sales rep buy here and use to trade for Disney)

Thanks for noticing. My mistake.

 

[Grammarhero]

2/20 - Wyndham - $20k

Rescission Of contract

Hi I have been reading a bunch. I was persuaded yesterday into signing a contract. I am having regrets and will be rescinding. Per my contract I have a 7 day window. I followed one of the templates on how to write a rescission letter (thank you!) & have the address. My question is what page...

tugbbs.com

 

[Grammarhero]

Just adding the two posters who posted their savings directly into this thread.

2/20 - HGVC - $23k

Hundreds of Timeshare Owners have found TUG & saved Millions of dollars cancelling timeshares!

1/20 - Diamond - $27k https://tugbbs.com/forums/threads/rescind-or-keep-kaanapali-beach-club.300414/

tugbbs.com

2/20 - HGVC - $21k

Hundreds of Timeshare Owners have found TUG & saved Millions of dollars cancelling timeshares!

I can't thank this group/community enough for the GREAT INFO and insight on timeshares! First of all, I am not sure I got my rescission letter in on time, however, if so we( my wife and I) will have saved about $21,000.00 thanks to the information from this forum. We did the HGVC presentation in...

tugbbs.com

Just for kicks, I tabbed the 2019 rescission stats. In 2019, TUG had $3,151,800 in confirmed savings from 155 owners, or an average of $20.3k savings/owner. As 84 percent of reported TS rescinders will report the rescinded amount, likely savings was $3.8 million in 2019. Throughout the years, TUG confirmed about $15 million in confirmed savings, but the amount with unconfirmed savings is likely $18 million, which is a bigger dent than $15 million.

 

[TUGBrian]

14.8m total to date! closing in on 15m confirmed...should easily hit it in March!

 

[Grammarhero]

3/20 - Hilton - $23k

Cancellation proceed time?

As long as one rescinds within the timeframe and method as listed in the contract then a rescission will happen 100% of the time. When and where did you purchase? We purchased Friday the 14th. Orlando Florida is where we did the purchasing at. I just want to make sure I’m sending to the...

tugbbs.com

 

[Grammarhero]

deleted

 

[dgalati]

14.8m total to date! closing in on 15m confirmed...should easily hit it in March!

Imagine the amount that has been saved by many that learned to buy resale before needing to rescind.

 

[Grammarhero]

3/20 - Westgate - $8k

[ 2014 ] Cancelling a Westgate Timeshare [merged]

It’s done? I received my deposit the other day but that’s it? No confrontation of the cancellation of the contract?That's correct. You're done. There is no confrontation because you are no longer dealing with the sales dept. The sales people are the ones who would confront you and try to talk...

tugbbs.com

 

[Grammarhero]

3/20 - HGVC - $19k

HGV Rescission letter/email combo

I recently signed a timeshare contract with HGV on 2/28. Having done little to no research before the fact, I had deep buyer's remorse. I'm so glad I found TUG and have already completed the rescission process, pending refund. I drafted and posted the rescission letter whilst still on vacation...

tugbbs.com

 

[TUGBrian]

Total Confirmed savings in Feb 2020: $305,700!

 

[Grammarhero]

3/20 - WorldMark - $17k

Just Rescinded

Hello All, Just became a member of TUG after reading my WorldMark Wyndham contract and doing some research after getting suckered into a presentation in Vegas and coming out with a vacation ownership. Luckily, I quickly realized I made a huge mistake that same day. I am still within the...

tugbbs.com

 

[Grammarhero]

3/20 - Vacation Village - $10.1k
I’m at a VV TS Resort. Noticed a new TS owner had a welcome packet. I convinced him to rescind and, if he still wants it, but at Timeshare Nation for $1.

 

[TUGBrian]

dozens of TUG members also giving away VV resorts here in the marketplace as well. nearly 40 ads for vv parkway alone

Vacation Village at Parkway classified listings | timeshare users group

Vacation Village at Parkway Timeshare Resort in Kissimmee, FL User rating 7.84 with 78 reviews

tug2.com

 

[Grammarhero]

3/20 - HGVC- $29k

First TS!

Hello, I just recently bought a TS in Orlando through HGVC. Wife was sold on the idea before we even got the pricing ($29k for 4800 pts + 14,400 bonus pts). It was not a good deal in my opinion, and luckily now she's on board with rescinding (working on it now). It appears that most people...

tugbbs.com

 

[LannyPC]

dozens of TUG members also giving away VV resorts here in the marketplace as well. nearly 40 ads for vv parkway alone

I am really curious as to how a sales person at VV could convince a potential buyer that buying there is a good investment with stats like that.

 

[CPNY]

I am really curious as to how a sales person at VV could convince a potential buyer that buying there is a good investment with stats like that.

Go to redweek and many resorts have multiple listings.

 

[TUGBrian]

dont need to go anywhere to find tons of resales for certain resorts....marketplace has it all =)

as for the above question, thats easy. the majority of potential timeshare buyers have no idea you can buy a timeshare on the resale market.

 

[TUGBrian]

closing in on 15m!

 

[jmarphil]

I can't thank this group/community enough for the GREAT INFO and insight on timeshares! First of all, I am not sure I got my rescission letter in on time, however, if so we( my wife and I) will have saved about $21,000.00 thanks to the information from this forum. We did the HGVC presentation in Myrtle Beach at the Ocean 22 and it was awesome to include the HHonors points for the $500 to stay at the Anderson Ocean Club for 3 nights back in Dec. Well, since they couldn't get us there to "buy in" they offered a "locked rate and a VIP package at 8 different resorts to use in the next 18 months. Long story short, HGVC Main Sales in Orlando called and made us an offer that was pretty good, 1 Bdrm 3400 annual Gold Points at Ocean Enclave Myrtle Beach, SC. They would lock a lower cost for the points and a MF of $800 plus annual club dues and award 1400 bonus points and "match with addl. 1400 bonus points" for accepting the deal. Total cost almost $23,000.00 financing roughly $19,000.00. I did get a confirmation email they had received the cancellation/rescission letter and the sales team member agreed that he would work to rescind the contract.....Here's hoping!!!! Now I plan to "bargain hunt" here on TUG for a better resale opportunity after reading all of "New To Timesharing" advice. As a "THANK YOU" to Tug I paid the $15 and joined TUG. Thank you all for the GREAT ADVICE! I HIGHLY RECOMMEND YOUR site and membership. Thanks again!

All of you BEAUTIFUL TUGGERS,
I wanted to give an update... as of Feb 29, my deposit was credited back to my Credit Card. I have also tried to login to my HGVC account that I had used based on the "contract #" that said previously waiting for membership to be activated. Now all I get is an error message that says "There are no active memberships associated with this account." WOO HOO! Rescission letter worked! Thanks again TUG for SHARING the TRUTH!
VERY HAPPY TO BE A TUGGER!