Hi all,
Just came back from my honeymoon for a week at the WKORV. Book for a island studio with flight and car rental on expedia for total of $3K. Good deal?
I stressed to them that I was on my honeymoon and they free upgraded us to a lockoff studio Ocean Front.
You are probably why I'm on this board since I just came back from Hawaii.
Well, I was sold to WKORVNorth Phase 1 - Ocean Front - EOY for $39,900 with option to add the other half of the year for $29,500 within the next 12 months. They also threw in 120,000 SPG point and I'm Gold Preferred Starwood. Sounds pretty good with the points incentive. Everything seems so perfect during the presentation and on the flight back.
My concern is now that I've come back to reality, and after a reality check, my financial status will not allow me to live my life to the dream vacation, forget about even owning a vacation home. Yes, I know I was stupid for being sold (too much Mai-Tai.)
Bottom line is I want to rescind. Right after I got back, I googled timeshare and did lots of research and found TUG. This is one great board, very informative. After hours of reading and reading some more, I'm aware that in order to rescind, I have 7 days to send the "NOTICE OF MUTUAL RIGHT OF CANCELLATION OF TIMESHARE PURCHASE." It does state that a refund will be issued within 15 business days after notice of cancellation. My question is, is this a "FULL" refund? I was charged 10%, $4,303 on my credit card. I don't mind if I lose the $313 closing cost, but I don't want to lose the deposit of $3900.
And if I do decided to get a timeshare, If I ought to purchase another timeshare, I'll definite get resale for 50% less.
Thanks in advance my fellow TUGGERS!
KLXLD
Just came back from my honeymoon for a week at the WKORV. Book for a island studio with flight and car rental on expedia for total of $3K. Good deal?
I stressed to them that I was on my honeymoon and they free upgraded us to a lockoff studio Ocean Front.
You are probably why I'm on this board since I just came back from Hawaii.
Well, I was sold to WKORVNorth Phase 1 - Ocean Front - EOY for $39,900 with option to add the other half of the year for $29,500 within the next 12 months. They also threw in 120,000 SPG point and I'm Gold Preferred Starwood. Sounds pretty good with the points incentive. Everything seems so perfect during the presentation and on the flight back.
My concern is now that I've come back to reality, and after a reality check, my financial status will not allow me to live my life to the dream vacation, forget about even owning a vacation home. Yes, I know I was stupid for being sold (too much Mai-Tai.)
Bottom line is I want to rescind. Right after I got back, I googled timeshare and did lots of research and found TUG. This is one great board, very informative. After hours of reading and reading some more, I'm aware that in order to rescind, I have 7 days to send the "NOTICE OF MUTUAL RIGHT OF CANCELLATION OF TIMESHARE PURCHASE." It does state that a refund will be issued within 15 business days after notice of cancellation. My question is, is this a "FULL" refund? I was charged 10%, $4,303 on my credit card. I don't mind if I lose the $313 closing cost, but I don't want to lose the deposit of $3900.
And if I do decided to get a timeshare, If I ought to purchase another timeshare, I'll definite get resale for 50% less.
Thanks in advance my fellow TUGGERS!
KLXLD