| If you think buying a timeshare is expensive, just try giving or selling it back! Holy smokes, that’s where things can really add up!! Here at timesharefacts.com, we’ve heard recently from readers who have told us just how hard – and expensive – it is to get out of their timeshare contracts. Carla just told us: “I feel we were forced into buying the timeshare and now we cannot get out. I even paid [our timeshare company] $1500.00 to sell my timeshare!” “Months later we received a portion of the money back. The information with the check made us think the timeshare sold… only months later to find out we had been scammed out of money again. We now owe more money than ever.” Even worse for Carla… “When I called them, I was on hold for an hour passed around from department to department only to be told the timeshare was not sold and didn’t qualify for selling at this time!” What? $1500 dollars! Just to be told you can’t even sell your timeshare! That’s an expensive way to find out. But it’s small potatoes compared to what Linda is going through with Bluegreen. “Called Bluegreen to ask if they would take back our contract. We now have 3 deeds which have to be closed on individually to get out of this.” “They will take it back but first we have to pay $3200 for maintenance, $500 for each deed, attorney fees and other small fees – that’s over $5000 to give it up!!! And that’s a lot of cash. At least Linda might eventually get out of her contract. We bet Terrekkia only wishes her chances were as good as Linda’s. Instead, Terrekkia may never be able to leave Westgate behind. “I was bullied into getting it from a presentation that I attended, and the people just wouldn’t take ‘No’ as an answer. Then they told me I could cancel anytime through the Legacy Program, which was a lie.” “Turns out all of these years there’s no such thing as a Legacy Program.” “If I don’t pay it my credit gets bad, I have two college kids and they need me more, so I pay the time share just to keep it off my credit report for my children.” Terrekkia let us know that she had some choice words for David Siegel, the CEO of Westgate. “I know that you probably don’t care Mr. David Siegel, but just know I serve a God who sits high and looks low and you will have to answer to your wrongdoing either on earth or in the afterlife.” Strong words. But understandable, we think. If you agree with Terrekkia, drop David Siegel an email at david_siegel@wgresorts.com. And if you think it’s crazy for Bluegreen to charge owners like Linda a bunch of money just to sell their timeshares back, you can let Bluegreen president and CEO Alan Levan know at alan.levan@bluegreenvactions.com. The American Resort Development Association (ARDA) represents timeshare companies in Washington, DC. Jason Gamel is the President and CEO of ARDA. Let’s let him know that overly creative financing is a bad look for the industry. You can email him at jgamel@arda.org. Or… if you’ve heard the “good investment” sales pitch from another timeshare company, and want to let their top brass know, here is a list ARDA published of its VIPs across all its member companies. Maybe you can find your timeshare company executive and tell them about the consequences of deceitful sales practices. And if your timeshare company won’t keep its promises, you can always let us know at info@timesharefacts.com. PS: Follow us on social media. Twitter Facebook Instagram |
