Timeshares and Travel Clubs, by law, are required to send you home with all the paperwork after signing. Including a pages that tells you how to cancel the purchase within a set number of days.
They don't want to to see that document. But when you get back home or to your hotel you discover there is no paperwork, so when you call the sales office, everyone you talk to is unavailable.
The resorts and clubs are getting pretty shifty in following the law. Below is from Westgate Resorts. In every buyers kit, they have a hidden pocket that you don't notice.
So check that kit. I may save you a lot of headaches.
With Westgate's resort in Gatlinburg TN being damaged by the fire. It's the present owners who will foot the bill for repairs.
In your contract you will find a paragraph "special assessments". It states that the owners are responsible for the rebuilding of resort resulting in "acts of God" or any special circumstance.
Most were told during the sales presentation that their maintenance fees would cover any repairs. This is just not true.
Mike Schneider, Associated Press, Daily Business Review
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Construction of a timeshare resort goes on around the condo of Julieta Corredor, an 81-year-old widow that refused to sell her unit to one of the nation's largest timeshare companies. (AP Photo/John Raoux) John Raoux
Julieta Corredor, her two sons and their families have used their two-bedroom townhouse in the heart of Orlando's tourist district as a place for honeymoons, family gatherings and college housing during the more than 30 years they've owned it.
When one of the world's largest timeshare companies bought up the surrounding condominium units and made entreaties for 81-year-old Corredor to sell hers, the South Florida family refused. Nonetheless, bulldozers for a Westgate Resorts contractor demolished the entire condo development—trees, a tennis court, and a spa—leaving only the Corredors' 1,125-square-foot townhouse standing.
If the Corredors continue to refuse to sell, they could join real estate "holdouts" like Edith Macefield, who prompted a developer in Seattle to build a five-story commercial development around the home she refused to sell in 2006 and whose house later was used in promotion for the Disney film "Up."
The Corredors say that their case is a matter of principle on property rights and that they feel bullied by developer Westgate. Westgate officials say the family is being greedy and awaiting a bigger offer. Family attorney Brent Siegel wouldn't comment on negotiations.
Officials at the timeshare company said they've offered to rebuild the unit at the same or a new location and provide $50,000 in furnishings. They've presented an offer of a $150,000 cash buy-out, and they've said they're willing to offer a comparable, newly renovated unit in a different building. The Corredors have said "no" to each offer.
In China, the fast pace of development has led to a name for these holdout properties—"nail houses"—for the owner's refusal to be "hammered down." Some hold out because of attachment to their homes. Some do it for money, though that's a gamble that doesn't always pay off if the developer builds around the property.
During the demolition of the complex surrounding Corredor's townhouse, the Westgate contractor damaged the home's stucco walls and fractured sections of the red-tiled roof to the point that it was left uninhabitable. A "Danger No Entry" sign now hangs near the front door and a blue tarp covers the side. Jagged sections of wall and remains of a staircase to the second floor are what's left of the unit next door.
On top of it, the family says, Westgate lied to county officials that they owned all the land so that their development plan would be approved, and the demolition was performed without proper permits.
As Westgate is now halfway toward completing an eight-story, 80-unit timeshare tower around their vacant townhouse, the Corredor family isn't giving up the fight. The timeshare tower is set to open next June.
"It is our land and it's our property, and we were never asked to do anything by Westgate on it, and they did whatever they did without our consent," said Carlos Corredor, Julieta Corredor's son.
Westgate's CEO, David Siegel, is one of the richest men in Florida. He and his wife, Jackie, were featured in the 2012 documentary, "Queen of Versailles," chronicling their attempt to build one of the largest single-family homes in the U.S.
Westgate says the Corredors hadn't stepped foot in the condo for more than a decade and that it had mold and wood decay. The Corredors purchased the property in 1985 for $154,000. The local property appraiser this year gave it a market value of $35,000.
The company's chief operating officer said the Corredors were making "unreasonable requests" for more money.
"They're trying to be the holdout and go for the money," said Mark Waltrip, the Westgate executive. "Hopefully they'll stop the charade and start acting responsibly."
Orlando-area attorney Howard Marks, who successfully litigated against the timeshare company's parent company, Central Florida Investments, several years ago in a different case about the same condo complex and has nothing to do with the Corredors' case, said Westgate's treatment of the Corredors was part and parcel with how the company does business.
"They will just do things, and if there are consequences, they will worry about it in litigation," Marks said.
After reading about the case, University of Florida law professor Michael Wolf, who has a background in land-use planning and has no connection to the case, said he was concerned that what happened may be "an insult to private property."
"How could they tear apart the building without doing damage to her unit?" said Wolf, adding that the demolition could be considered a crime or at least grounds for a lawsuit.
After the Corredors told Orange County development officials earlier this year that Westgate didn't own all the parcels to the property the company was developing, as officials thought, the plan was revoked. Orange County also told Westgate that the demolition work was done without proper permits.
But the county later approved a revised plan that included the Corredor parcel.
The Corredor family appealed to the Orange County Commission to block the revised plan. Overturning the decision would have halted construction on the $24 million project and possibly forced Westgate to tear down what it has already built.
The commission sided with Westgate last month. Commissioner Scott Boyd said the Corredors have been given options by the timeshare giant and now it's up for them to make a decision.
"This has been a difficult one to watch. … Mistakes were made," Boyd said. "I feel at this point there's not a whole lot that we can do. The options have been laid out pretty clearly."
The Corredor family is considering taking the case to court, their attorney said.
Waltrip said construction will continue on the timeshare tower.
"They certainly have the right to take us to court, and if they do so, we will gladly meet them there," he said.
Better Business Bureau timeshare warning about high pressure presentations.
Time can stand still during timeshare presentations
By The Better Business Bureau
Timeshares continue to be a popular choice for vacationers who want
to get away from the familiar and enjoy an exotic locale. Investment in
one, however, should only be done after careful consideration of the
different options and of all the factors involved.
Your Better Business Bureau warns that you should proceed with
caution. A favored tactic of the timeshare industry is an intense
marketing pitch, given with the promise of a reward if you sit through
it. Typically, these sales pitches can last from two to three hours, but
sometimes even longer. They are hoping for a quick, spur-of-the-moment
decision from you, made under the influence of their high-pressure sales
staff – exactly the type of thing that BBB always warns against.
The primary reason for professional liability coverage is that a typical general liability insurance
policy will only respond to a bodily injury, property damage, personal
injury or
Not all timeshare people use lies and tricks to sell you, but there is a lot
of them that purposely leave information out and lie, once they have you
signature on the contract they don’t care about you. I have been collecting
owner complaints since 2008, there are hundreds of pages. And it’s easy to see
these lies are being told at all of their resorts all over the world.
85% of people who buy into timeshares just accept the fact they’ve been
shafted and chalk it up to a hard lesson learned, the timeshare companies
expect to refund the other 15%, it’s the cost of doing business, we just have
to bully them into putting you in that 15%.
Holidaymakers
have brought the first High Court case against a timeshare exchange
company, alleging they were victims of an operation that kept them in
the dark and rented out their properties for the company’s profit, writes Jane Croft.
Proposed class action targets Marriott, First American, Orange County FL
Marriott Vacation Club's timeshare sales are actually an
illegal "racketeering" scheme, a new proposed class-action lawsuit says.
The
lawsuit takes aim at Marriott's points program, which replaced
traditional sales of timeshare weeks at specific resorts in 2010.
According to the suit, Marriott timeshare customers pay fees associated
with owning real estate — such as closing costs and recording fees — but
don't actually own any real estate.
“Moving
timeshare from exploiting its customers and members to servicing its customers
and members. Everybody wins”.
A Timeshare Tricks client is working on getting changes passed in the
timeshare industry. He has a Petition at www.timesharerights.com,
this petition is for the State Attorney Generals across the United States. Take time to sign this, it is going to take
each and every one of us to make a change that will protect honest, hardworking
people.
Timeshare Bill of Rights For
Members
Timeshare companies and their antecedents (i.e. maintenance
fee termination companies) have become increasing exploitive
of timeshare customers and members. I propose protection for
TS consumers now and in the future for these services.
1. Timeshare points should not be equated with real estate,
because they have little or no value in that area.
2. Maintenance or membership fees should be for use only
and limited to a 10-year span.
3. Timeshare companies should recognize that a customer
has free will and human rights and he/she can decide to be
member of a timeshare club or not.
4. Anything related to maintenance or membership fees must
be explained and understood.
5. Exit policy for members must be known and any fee
associated with it should be made known as well.
6. Complaints concerning timeshare should be handled by an
ombudsman of the state.
7. All of these issues would be retroactive from the date of
implementation.
Timeshares and Travel Clubs know they are going to have to refund 15% of owners. Its the cost of doing business. Sounds like a large group unless you think about the fact that 85% of owners will continue to pay for the timeshare. And they will spend thousands to sell it, which works into thousands of dollars down the drain.
Not everyone who wants out can get out, but if you were the victim of misrepresentation, you can force them to let you out and refund your money.
Email timesharetricks@gmail.com now and find out if you qualify.
NASHVILLE, Tenn. -- When you think of vacation timeshares, you may think of high pressured sales pitches.
But NewsChannel 5 Investigates found dozens of senior citizens who claim Wyndham Vacation Resorts goes way too far during its sales meetings.
Some of these seniors who are now suing Wyndham say they used to
enjoy their Wyndham vacations, but then Wyndham changed its sales
tactics.
Everytime they went on a trip, they were forced to attend what the
company calls owners update meetings -- and that's when, these seniors
tell us, their dream vacations and their lives turned into nightmares.
Among those victims: Mildred Folds.
"Nobody in my family knows -- nobody," Folds told NewsChannel 5 Investigates.
That secret is that the 76-year-old widow is deep in debt and owes
more than $175,000 after she claims she was repeatedly tricked and
harrassed into buying ttimeshare points through Wyndham Vacation
Resorts.
The company locations around the world, including here in Nashville, Crossville, and the Smokies.
"I won't live long enough to pay it off," Folds said.
Houston and Brenda Garvin said the same thing happened to them.
"If I had it to do over, I'd never do it again," Houston Garvin said. NewsChannel 5 Investigates asked, "How much do you think you lost?"
"Over $600,000," Brenda Garvin answered.
Both the Garvins and Mildred Folds are now suing Wyndham, the world's
largest timeshare company, alleging fraud, theft by conversion,
negligent misrepresentation, along with violations of the Tennessee
Timeshare Act and Consumer Protection Act.
They claim they were pressured into buying more timeshare points than they could ever possibly use or afford.
"So how many points did you end up buying?" we asked the Garvins.
"Two and a half million," Brenda answered.
And Mildred Folds?
"3 million, 266, I think," she told us.
NewsChannel 5 Investigates asked attorney Ben Gastel, "So why are they buying more points than they need?"
"I think that's really the basis of our lawsuit," he replied.
Gastel now has 70 clients with claims against Wyndham, including the Garvins.
"Certainly, most of our clients are elderly. There's a substantial
number of them that are on social security. Certainly, most of them are
pensioners," Gastel explained.
And every time his clients took a vacation at a Wyndham resort, he
said, they were forced to attend high-pressure sales meetings that
lasted hours on end.
Mildred Folds insisted those meetings were nearly impossible to leave.
"I'm sitting there literally like this saying, 'I've got to go.'
'Well, just go ahead and sign this. Go ahead and sign this and then you
can go,'" Folds recalled.
Folds also claims in her lawsuit Wyndham sales reps told her things
to convince her to buy more points that ended up not being true.
"If I would just sign it, then they could lower the interest rates," she stated.
"Is that in fact what happened?" NewsChannel 5 Investigates asked.
"No, no," Folds replied.
She said Wyndham's salespeople also told her the company would buy
back any extra points she didn't use. That too, she later found, wasn't
exactly as it had been explained.
"Were you surprised to discover that?" we asked.
"Very surprised!" Folds answered. "Not only surprised, but -- he may
need to bleep this out -- I was mad as hell that they would pull this
trick!"
And the Garvins described similar meetings.
"Every time you'd go, it was something different. They'd tell you,
'Why did you do this? Why did you do that?' Well, we did it because we
trusted 'em and thought they were telling us right," Brenda Garvin said.
Every Wyndham rep, the Garvins said, recommended changing to yet another plan which brought with it, higher costs.
"Would you say these salespeople are saying and doing whatever it takes to close the sale?" we asked the Garvins' attorney.
"Well, it would certainly appear that that's what is going on," Gastel answered.
In fact, a whistleblower lawsuit filed in California by former
Wyndham employees claims that that's exactly what Wyndham tells its
salespeople to do, though the company denied the allegations in court.
"It done about broke us," Brenda Garvin shared.
She and her husband recently had to simply walk away from their
timeshare points, losing their entire investment, after they could no
longer afford the $3,500 a month payment.
"It makes you feel bad when you think you've done something this stupid," Houston Garvin said.
And Mildred Folds said, "Yes, I'm embarrassed that I let myself get
caught like this and then I get so angry at Wyndham for putting me
through this."
Folds gets $2,300 a month from Social Security and her pension, yet her payment to Wyndham is a staggering $3,800 a month.
"How am I going to make it? What am I going to do next?" Folds wondered aloud.
She has resorted to selling her homemade jams and jellies as well as her mother's secret recipe yeast rolls.
But it's becoming clear to her that it's simply not enough.
"Am I going to lose my home? Am I going to lose everything I've got?"
NewsChannel 5 repeatedly reached out to Wyndham to get some comment
or statement. We started last week with the corporate office in Florida
and even contacted their local attorneys here in Nashville.
So far, there's been no response to any of our calls or emails.
If you purchased and have figured out that the salesman and sales "closer" lied to you. And then the Verification Officer who helped with your paperwork rushed you through it. You are not alone.
Timeshare Tricks can't help you if you have owned your timeshare for 15 years, used it and suddenly don't want it. But if they lied to you, lets get you out and demand your money back.
Contact me at timesharetricks@gmail.com and lets get you out before summer.
Why should you use Timeshare Tricks over an attorney?
An attorney will charge a couple of thousand dollars to start. If they do the time consuming task of gathering research they will charge by the hour, then they will take a portion of your winnings.
Joining a class action usually gets results, takes a couple of years and the law firm is the only one who makes money.
Timeshare Tricks will charge a small amount to cover the cost of buying records, we will do the research and background checks to make certain when we ask for your release from the contract and your money back, the timeshare will know it is better to pay you off and shut you up. Then once you are out and have your money in hand Timeshare Tricks get a small commission. With Timeshare Tricks you may be out of this mess in as quick as 60 days. Plus we will send them a Dispute Notification alerting them you are disputing the purchase and you no longer authorize them to withdraw from your checking account or credit card account.
As soon as you sign up using the "Buy Now" button on the right I will send you a Dispute Notification and a Questionnaire that will help you to remember the sales presentation and what lies you were told.
Want to DIY the work yourself? Check out www.timesharetricks.blogspot.com You can order DIY Get Out ebook. There are sample letter and where to send them. You can even order the research.
HOW IT WORKS: No Timeshare provides you with hundreds of pages of research on your resort. This will include consumer complaints, past lawsuits against the resort, State Attorney Generals complaints and news articles. All showing where hundreds of other people have been scammed. I then provide a demand letter stating you are disputing the purchase and giving them 30 days to respond or this information will go public. It works, contact me today.
This program works if you were misled and lied to during your presentation. Resorts can no longer place the blame on the salesperson, they allow it and the salesman is a representative of the resort. Hold them accountable.
With my DIY Book you can follow the easy step by step guide to build a winnable case against your timeshare or travel cub.
I also have hundreds of pages of research that includes: Complaints by owners, court records where the resorts have been sued for misrepresentation, news articles from media investigations and who's who behind the resorts and clubs.
Have you hired an attorney already? This research will help him prepare your case. If your attorney put the hours required into gathering all this information it would cost you a small fortune in billable hours.