How to Get Out of Your Timeshare

One of our users posted this comment in response to our "Timeshare Rescission Period" article:

"And what can you do to rescind the contract or mortgage AFTER that cooling-off period?? In my case, me and my family were on vacation in Orlando, FL and we unfortunately bought a timeshare from westgate resorts.. when we went back to Brazil we started paying the mortgage but due to the bad economic crisis going on in the country we cannot afford it anymore and we need to cancel or rescind the contract, but we signed it on April this year.. PLEASE, DOES ANYBODY... Read the rest of this entry »

What to Expect at a Timeshare Presentation

[ad#readmore]Going in we are not really sure what to expect at a timeshare presentation. With a little knowledge and a lot of truth-telling, we EASILY survived a timeshare presentation! Granted, we spent a sleepless night beforehand worrying about the upcoming event and imagining our 10 year old becoming unglued. We strategized, planned and IT WORKED.

TIP #1

Do not lie.

Don’t lie about your income, don’t lie about your profession, traveling habits or anything else. You don’t need to. There is no obligation to buy. As such, you can be honest. It relieves stress not to lie. You also... Read the rest of this entry »

Premier By Original Resorts/RCI

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Everyone seems hell-bent on seeing the math. I keep an Excel spreadsheet of ALL purchase with my Timeshare Resort and RCI. I know EXACTLY what I paid, What I’ve spent, what I’ve saved since my purchase November 2006 while at Desire Resort and Spa in Cabo.

fishing

We purchased in 2006 and paid one year of maintenance fees. Due to a contract dispute I was able to negotiate out the yearly maintenance fees with my home resort Christmas 2008. Since this time I only have RCI yearly fees. So my... Read the rest of this entry »