When we bought they talked us into buying in March, which was red and cheaper then the month we wanted (which was August – also red). We paid close to 20,000 dollars. The salesman promised us that every year we will be able to exchange for August the month we actually wanted.
It was ok for a couple of years. Now they downgraded the weeks timeshare and no longer can give us a week in August, which the salesman knew was the only month we could go.
Now they are threatening to ruin our credit rating if we try to walk away and not pay the maintenance anymore. They are also willing to rent us a week in the month that we are asking to exchange for, and they want us to pay for the week and the maintenance.
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Does anyone have experience stopping payment on ResortCom Timeshare, specifically the Veilla Del Palmar Resort?
A reader of our site posed the following question about foreclosing on ResortCom timeshare:
My husband and I purchased a time share several years ago and are still paying on the outrageous balance plus maintenance fees.
We have recently found ourselves in a finacial hardship and can no longer make the monthly payments and/or maintenance fees.
I have contacted the TS company several times asking for ways I can relenquish the TS, each time they tell me I cannot.
I’m concerned about wage garnishments if I cannot pay them. They are quite unwilling to work with me on this. My stress level concerning this is increasing daily. Any ideas??
A reader poses an interesting question he wanted to share with our readers:
Why is the government doing nothing about timeshare scams?
Time shares are not real estate or investments, they are nothing but empty space.
In addition to my first question, how many time share owners does it take to keep up the maintenance of a two bedroom apartment?
This is outrageous.
If I ever go back to Florida and are approached by a time share salesman I will sit next to the salesman and take my sweet time reading all the pages of the contract. …and if they have a problem with that, I will tell them…”just want to know what I am getting into before I sign the dotted line”.
I own in Belize and when I went there this year to use my points to stay they gave me a bill for several thousand dollars as though I were renting. Now that I refuse to pay the bill they will not let me book this years reservation.
The first day I arrived there was no power. The place is now rundown and it’s not even done being built yet…but the rust has already cause many things to fall apart no maintenance has been done.
I got a deal with double points and a free golf cart, and they do not want to honor the deal even though I have all the paperwork. The Manager would not speak to me before I went. I was there 10 days he was rude to me and would not meet me, and after our stay will not talk to me via phone or e-mail.
This is just ridiculous – Is there any help out there for someone in this situation??
The following Xanadu Timeshare Experience was shared by a reader of this website:
RCI and Xanadu Hotel in Grand Bahamas August 2011
We are RCI members and just took our one week vacation for the first time. We went to Freeport on Grand Bahamas Island. RCI is sending people to a miserable place and will not take Xanadu Hotel and Resort off their list.
The Xanadu hotel in Grand Bahamas is not a resort today. It is not a hotel today. It may pass for a youth hostel but only for those with enough money to rent a car, as there is no transportation in walking distance – so it is not a good youth hostel either. The Xanadu is a dilapidated “resort” that has been closed for two years from having been hit by a hurricane, and is thought to be abandoned by most people on the island other than RCI.
There is no food or beverages in walking distance, none. There is no ice available, no shuttle to get food, no phone, no air conditioning, no staff worth a dime, no internet, nobody willing to provide essential needs to support life. This 12 story building is being sold, so the lights are off in the hallways and the bathroom bulbs have been removed. There is a strong musty smell on every floor in every hallway and in every room, and everywhere it is hot, stuffy, and mold is here, if your asthmatic your in danger.
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When we bought they talked us into buying in March, which was red and cheaper then the month we wanted (which was August – also red). We paid close to 20,000 dollars. The salesman promised us that every year we will be able to exchange for August the month we actually wanted. 
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