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New owner what are options to cancel
- Thread starter Eball
- Start date
- Joined
- Dec 21, 2014
- Messages
- 9,813
- Reaction score
- 8,326
- Points
- 498
- Location
- California
- Resorts Owned
- HGVC, MVC Vistana
What do you own? It is too late to rescind and you cannot sell or give it away until the mortgage is paid. You can pay off your loan and then sell/give it away for a loss, or learn to use/mazimize or rent it out until the mortgage is paid off (with other people's money) then give it away on TUG.
Last resort you can walk if it in states like Florida, South Carolina or California where you are protected by consumer law but this will likely affect your credit.
tugbbs.com
Last resort you can walk if it in states like Florida, South Carolina or California where you are protected by consumer law but this will likely affect your credit.
HELP! I was duped. Orlando Parc Sol.
My husband and I bought a 3,400 points timeshare almost a year ago directly from HGV ( I know, I wish I had found this site first, and we didn't do our research which is our fault). During the meeting with the saleswoman I specifically asked her what the resale value would be- she assured me...
tugbbs.com
Last edited:
- Joined
- Dec 19, 2008
- Messages
- 16,017
- Reaction score
- 4,680
- Points
- 748
- Location
- Maryland
- Resorts Owned
- A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
There is no option to simply cancel.
Your options are to continue to pay or to default on the loan. Defaulting on any loan can have consequences to your credit and depending on the state where you purchased, they may still be able to go after you for balance.
Your options are to continue to pay or to default on the loan. Defaulting on any loan can have consequences to your credit and depending on the state where you purchased, they may still be able to go after you for balance.