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Rescinding the timeshare

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Hello guys,

I bought a timeshare last week in Florida, only to find that I had made bad call. I found your article on rescission and followed the instructions, Sent the letter by certificate mail return receipt.

Today the tracking number says the letter arrived at 9:44 am. I called Westgate to kniw if my contract was already cancelled and they told me it would take 3 days to be processed.

Thing is, the rescission period ends Thursday, so I dont know whether to trust them or not.

Any clues or comments would be aprecciated.

Best regards,
Javier

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TUGBrian

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the time period is based on when you mailed the letter, not when they receive it or process the rescission.

you should be just fine! congrats on finding us in time!
 
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Here is a copy of the text of the letter I sent last Thursday:

Gentlemen:



Regarding contract number Xxxxx signed on 09/07/2015 for purchase of a timeshare at Westgate Palace Resort. We are exercising our legal right to cancel this contract, as stated in the main page. We expect a full refund of our deposit of USD xxxx, USD xxxx charged to credit card and USD xxxx in cash, receipts are attached. Do not make any additional charges to my credit card, AMEX number xxxxxxxxx. Please confirm my legal rescission in writing.

We will contact you in two days to confirm the receipt of this letter.

Sincerely,

Me and my wife signed it.


Is it ok? Im sorry to ask, but we are anxious.

Kind regards and thanks

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Passepartout

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Javier, you should be fine. Even Westgate, sleaze balls that they are will not mess with a rescission that is sent (not received) within the legal rescission period, and yours was.

Now relax. Go have a beer. Or two. While they MUST process the rescission, it can take up to 45 days for the refund to your credit card to show on the statement. Unfortunately, Westgate is under no obligation to inform you of the progress.

So stay off the phone. Neither call them, nor accept any calls from unknown numbers that might be them. They will try all sorts of sneaky tricks like lowering the cost, throwing in more perks, offering bonuses, telling you your reason for rescission isn't good enough (they are trained to have a snappy comeback for any reason you give them) So. JUST STAY OFF THE PHONE WITH THEM! We can't stress this enough. No good can come from talking to them.

We're happy you found us in time. Now go enjoy your vacation.

Jim
 

DeniseM

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So stay off the phone. Neither call them, nor accept any calls from unknown numbers that might be them. They will try all sorts of sneaky tricks like lowering the cost, throwing in more perks, offering bonuses, telling you your reason for rescission isn't good enough (they are trained to have a snappy comeback for any reason you give them) So. JUST STAY OFF THE PHONE WITH THEM! We can't stress this enough. No good can come from talking to them.

+1 - Do NOT talk to them - PERIOD.

This is the number one mistake that nervous rescinders make. In a recent situation on TUG, a newbie continued contacting sales, even through they were advised not to. Sales just lied to them, (told them that they rescinded the timeshare but still had to pay the loan) which confused them and upset them even more - so they continued calling them.

Telephone calls have NO legal standing, and sales has NO authority over rescissions, so no matter what you are told over the phone - it has no impact on the rescission.

DO NOT TALK TO THEM!!!
 
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vacationhopeful

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....<snip>. In a recent situation on TUG, a newbie continued contacting sales, even through they were advised not to. Sales just lied to them, (told them that they rescinded the timeshare but still had to pay the loan) which confused them and upset them even more - so they continued calling them.

Telephone calls have NO legal standing, and sales has NO authority over rescissions, so no matter what you are told over the phone - it has no impact on the rescission.

DO NOT TALK TO THEM!!!

Most timeshare sales people are NOT PROFESSIONAL in their actions ... they are more like street thugs or jerks or a-holes. They feel that YOU stole their money/paycheck by rescinding.

I have been around many (Wyndham) sales people in their off-time ... if you buy a drink for yourself, PAY with small bills in cash and get the change; hand the bartender your TIP directly. And leave when the drink is 75% done ... they REALLY are more like a gang of gypsies whose intent is about fleecing you!
 
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Thanks a lot for the replies guys, now we can rest a little with what vacations we have left

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