What to Look for in a Timeshare Contract

If you've attended a timeshare presentation and have decided to make a purchase, it is wise to take your time to read and understand all of the timeshare contract documents you will be signing. In fact, you have the right to do so. This contract-signing scenario will likely be taking place after several hours of sitting through a sales pitch – when you're tired and vulnerable – but remember how much money is at stake here. Don't rush through the process and make a hasty decision just to get it over with. Take your time, read the documents, and... Read the rest of this entry »

Wyndham- Obligation of Heirs

We received the following question from one of our users:

"I have been a happy Wyndham owner for many years. Recently, I bought more points because the salesman told us that upon our death, our children would not have to pay any of the maintenance fees until they wanted to use the resorts. Upon checking with Wyndham, I found this was a lie. Can I cancel this contract and get my money back?"

As with any timeshare contract, there is a rescission period (usually around 5-7 days, but varies by state) which allows you to cancel your contract. If... Read the rest of this entry »

Rescission Period With Timeshare Upgrade

One of our users left the following comment on our 10 Steps to Successfully Rescind Timeshare article:

"I have a question and wonder if any of you have done this before.
I am a westgate customer and want out. I have beiong paying for my unit for 4 years, so I have passed the rescission period. everytime I go they over to upgrade me. When I upgrade I will have to sign a new contract, which should void my other correct? If I upgrade then could I use the law of rescission and get out of the contract?Read the rest of this entry »