Timeshare cancellation - Exit Timeshare

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  • Опубликовано: 30 июл 2024
  • How to get rid of timeshare without ruining credit? There are a lot of ways to achieve timeshare cancellation. Most of them involve negotiating with the company and whether or not you have maintenance fees.
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Комментарии • 144

  • @TravelTimeMX
    @TravelTimeMX 2 года назад +3

    We can cancel any timeshare contract sold in Mexico in about 45 bussiness days for only ONE Maintenance Fee as consideration for the Service . . .

  • @kellmarktv
    @kellmarktv 3 года назад +12

    They almost got me 😫, luckily when I returned home I RUclips "timeshare" and all i saw was everyone complaining/regretting and crying about signing up so I immediately send the cancelation letter (priority express) I was 8 days in the 10 days cancelation window 🙏🏾

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад +1

      I don't know what timeshare you signed, but if you feel it was bad, or learn about it in time, great to hear that you got out in time.

    • @kellmarktv
      @kellmarktv 3 года назад +3

      @@MarioStingerPerpetualTraveller it was with wyndham.

    • @Dboy-ts3jv
      @Dboy-ts3jv 2 года назад +2

      Did you have to get it notarized? And what exactly did you write in letter. I'm in same boat as you

    • @kellmarktv
      @kellmarktv 2 года назад +1

      @@Dboy-ts3jv no I did have to get it notarized

    • @Dboy-ts3jv
      @Dboy-ts3jv 2 года назад +1

      @@kellmarktv did you use fed ex or usps certified mail?

  • @jesusavila7250
    @jesusavila7250 2 года назад +1

    Hello! Thank you for making this video! Any suggestions on what to say in the letter we would like to do it ASAP.

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад

      If you are with 7 days, just FedEx a letter explaining why. If you know the legal article in the area where you bought your timeshare, use it. If more than 7 days, you will have to detail why you want to cancel and provide good arguments.

  • @mauricewashington5934
    @mauricewashington5934 2 года назад

    I’ve had my timeshare for almost 10 years it’s fully paid off but my maintenance fees keep going up and I cannot keep paying them I have a great credit score that I do not want to destroy what do I do

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад +1

      That's the problem with the maintenance fees. Any ways you can sell some weeks every year to offset these fees? Also, if you don't intend to continue using the membership, you can just ask to cancel it. You will lose the investment, but it will prevent you to throw good money after bad.

  • @curtismims1530
    @curtismims1530 3 года назад

    Good info

  • @OhSnapSon
    @OhSnapSon 2 года назад +7

    I just signed for timeshare here in Westgate Orlando! I’m still here at the resort already regretting my decision, you think is better to cancel in person?

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад +3

      Hello, if you are within the 7 days or if it is not a huge waste of time, in person is always best. But, in person, beware that they will try to pressure you to stay or even investment.

    • @irisnunez7834
      @irisnunez7834 2 года назад +2

      @@MarioStingerPerpetualTraveller hey I would like to know what to write on the letter to cancel my contract. It’s just been two days since I signed up with the Westgate Lakes in Orlando time share. I do not want it any longer. Can you send me an outline of what to write?

    • @rigozertuche6043
      @rigozertuche6043 2 года назад +1

      I’m on the same boat please let me know how it goes I want to cancel as well and would like to know how I got a timeshare at the same place westgate lakes Orlando

    • @privateprivate5302
      @privateprivate5302 2 года назад +2

      Westgate got my cousin and his girlfriend on march 11 in Orlando. How did you fair out.? I think we're under the 7days so I'm trying to multitask helping them get out of it

    • @joannavalencia8888
      @joannavalencia8888 2 года назад +1

      @@irisnunez7834 I just sent a letter that I searched in the internet today is my 9th day to chance to cancel my contract. And you it's been 4 months since your cancellation!!

  • @rigozertuche6043
    @rigozertuche6043 2 года назад

    Hello I just purchased a westgate lakes resort timeshare on march 14th 2022 and now I’m learning that it was a bad idea due to bad reviews and people telling me it’s a bad investment can I cancel after we signed the contract? And how please help thank you

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад

      Like I mentioned in the video, you need to inform them as after as possible. Call them, if they are okay with it, go and get your refund and cancel the contract. If not, as you are within your time, send an email and then a letter by registered mail. You can also call your credit card company to ask for the payment to be held in the meantime.

  • @mlw1968
    @mlw1968 2 года назад

    I cancel my timeshare before the rescission date by certified mail and mailed it 5 days early, but it arrived late. Is it still good?

  • @mazevlogger8377
    @mazevlogger8377 3 года назад

    Does the letter have to be hand written or it could be typed?

    • @kellmarktv
      @kellmarktv 3 года назад

      Both but I type mine but please remember to sign it. And I hope you're still in the cancelation times pand

  • @Dboy-ts3jv
    @Dboy-ts3jv 2 года назад +1

    So I'm still in the 10 day period from getting conned into timeshare. Do I have to add any other info besides my name and me stating I want to cancel my timeshare ?

    • @kellmarktv
      @kellmarktv 2 года назад +1

      Add your contract account number and please remember to sign the letter

    • @Dboy-ts3jv
      @Dboy-ts3jv 2 года назад

      @@kellmarktv thank you so much. Life saver

    • @kellmarktv
      @kellmarktv 2 года назад +1

      @@Dboy-ts3jv no problem I came here to yt for help also so it's only right. Ig me and I will send you my letter if you're doubtful what to write

    • @Dboy-ts3jv
      @Dboy-ts3jv 2 года назад +1

      @@kellmarktv just wrote you from. My wife page

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад +1

      Add the membership / contract #, the date you bought it, and the company and hotel you bought it from. Add a witness if you can and where and when you signed.

  • @CassandraMacias18bby
    @CassandraMacias18bby 2 месяца назад

    Where do we address the letter to im with rci

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 месяца назад

      Direct at the company that owners the timeshare not the brand. Like for Hard Rock is it Legendary Vacation Club. It has to be in your contract

  • @bikashRai011
    @bikashRai011 3 года назад +2

    Can you please help us!! We just did timeshare from Westgate here in Gatlinburg Tennessee. Never heard before of this timeshare, they caught us off guard . Me and my wife are worried 😟. Please help us to get out of this mess! We just signup today!!!

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад +3

      Then you are good, but you need to act fast. Write a letter to them requesting the cancelling of the timeshare and send it by email and my First Class mail. Then, inform your credit card company (if you used one) that you intend to challenge the purchase. You have 7 days to cancel legally. So, make sure you do it now. Include as many details as you can (name, address, membership #, the signature of the people that signed it initially... etc...) to make sure they know you refer to the right account. Let me know if you need any more details, but about it when you are without 7 days.

    • @exquisitepiece
      @exquisitepiece 2 года назад +3

      OMG! My husband and I are in the same situation from Westgate on this past Sunday. We were told we were going to have breakfast and out breakfast was a Danish and a NutriGran bar 😳 (that should’ve been my first sign)
      We just got home and I had a bad dream about it that woke me up out of my sleep. I started doing the calculations for the fees & monthly payments and I’m like this doesn’t make sense financially for us 🤯 I feel like we’ve been scammed. We were suppose to be at a 90 minute presentation but were there for SIX HOURS!!! Started off saying no, no, no, then three sales reps later they waived the money down price and stated that monthly payments could be made. I had no plans on signing anything! My husband finally agreed then they said I had to sign because we were married 😫I feel scammed and I’m angry!
      Today will be day three for us so I will be writing them TODAY!!!
      This video was a life saver 🙌🏽 LITERALLY!

  • @jessicabautista3855
    @jessicabautista3855 2 года назад

    Made a bad decision purchasing from westgate. I’m 25 days out. I don’t have a deed yet and haven’t put any down payment. Can I cancel Easily?

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад

      As you didn't paid the deposit, just cancel or ignore it, I don't think they will go after you.

    • @jessicabautista3855
      @jessicabautista3855 2 года назад

      @@MarioStingerPerpetualTraveller yes I only paid half of deposit. Recently lost my job due to unreliable sitter and really need the extra money now. This was in Orlando Florida.

  • @marisolzplaze5925
    @marisolzplaze5925 Месяц назад

    i did not know this was a timeshare i thot when he was talking this was a proprty i was purching from them and Im 1 year with it alredy and want to cancel do to tht and im not working

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  Месяц назад

      Without knowing more it is not easy to help you. Is it fully paid? Can you use what you can and cancel? What company?

  • @larisacoronado584
    @larisacoronado584 2 года назад

    Where do I send the letter too?

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад +1

      I would send two registered letter to the resort where you bought the package and their headquarters in case the rep at the hotel discard it.

  • @butterflies9460
    @butterflies9460 2 года назад

    Hello 🙏🏼 I need help canceling my timeshare I’m with diamond resorts just looking for more information and guidance I found your channel

    • @veronicarojas-torres2098
      @veronicarojas-torres2098 Год назад

      Hello were you able to cancel it I’m also looking to cancel mine from diamond resorts

  • @veronicarojas-torres2098
    @veronicarojas-torres2098 Год назад

    I have a timeshare with diamond resort for a year and a half now but desperately want to cancel please help me on the best way to get out of this mess

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  Год назад

      Hello Veronica, I would need to know why you want to cancel it? Do you still have equity and/or monthly payments? It is because you don't want to pay anymore or because they are not offering you the service/benefits you haev in your contract?

    • @veronicarojas-torres2098
      @veronicarojas-torres2098 Год назад

      @@MarioStingerPerpetualTraveller
      Thanks for replying, I still have monthly payment but I’m not financially able to continue with payment also every time I try to book they never had ability

  • @evelyncasado5255
    @evelyncasado5255 3 года назад

    I have a timeshare for hard rock I will like to cancel they never answer can I stop paying?

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      It is my experience that you can only talk to Legendary when you go to a presentation. Do you want to cancel because of the service or lack thereof, or other reasons?

    • @evelyncasado5255
      @evelyncasado5255 3 года назад

      Thank you for answer me. I would like to cancel because I can’t continue to make more payments and with the COVID I won’t be available to travel either.

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      @@evelyncasado5255 If you have some free weeks, you could try selling them to make some money and then, if you feel you still need to stop paying, do it as you have no more options.

  • @allynmoore2829
    @allynmoore2829 2 года назад +1

    One of their tricks is to require more points to use your time. In my case I have 15000 points in the Jocky Club in Los Vegas and used it for 7 days for 10000 points in 2015. Now for the same time they want 29500 points so now I only get 3 days for 15000 points that figures out to be $315.00 a night for my assessment. To me this is bait and switch. I am 80 years old and will not pay this any more.

  • @daylenepalomino841
    @daylenepalomino841 3 года назад

    Hello, good morning!! I just signed the contract and I definitely want to cancel it. Who should I write that letter to? Wyndham Club? I hope you can help me. Thanks

  • @lapiz85moi777
    @lapiz85moi777 3 года назад

    I have a timeshare from Westgate that I signed in April 9th of this year in Florida and I want to get out of it.
    Needless to say I've only had it for 1 month 4 days.
    Any advice?

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      It is too late for the law to apply, it was only valid for 7 days in Florida. Why do you want to cancel?

    • @kristinewalters4166
      @kristinewalters4166 3 года назад

      There's is a way to legally cancel your timeshare, please send me an email kriskris8519@gmail.com

    • @marissavazquez1150
      @marissavazquez1150 3 года назад

      @@MarioStingerPerpetualTraveller I can’t afford it anymore, would they ask for proof of income? I can’t afford it and also I just don’t want it. Can I sell it?

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад +1

      @@marissavazquez1150 I can't say if you can sell it without knowing about the timeshare, but my bet is likely not. Timeshare companies are like financial institutions, they will not ask for your income, they will just send you a few payment reminders, then cancel your timeshare to which I hope you have no prepaid weeks. Then, they may just stop there or try to send you collection letters. But, it is likely too costly for them to take you to court. You can always send a letter/email to them and explain that you can't pay. But, might give up or offer you a different payment option.

    • @nylezfuller4746
      @nylezfuller4746 2 года назад

      @@kristinewalters4166 help me out today has been exactly 1 month 9/11/21-10/11/21 we tried writing a letter but our twisted next door neighbors stole our mail so Rescission letter never arrived...

  • @rclyde8825
    @rclyde8825 3 года назад +2

    Should you send an intent to cancel letter prior to fulfilling you mortgage obligation? Or would it be best to have it paid out in full?

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад +1

      If you have it paid out in full, then the only reason for you to cancel would be to stop the monthly fee, if you have any. Normally people want to cancel as early as possible.

    • @rclyde8825
      @rclyde8825 3 года назад

      @@MarioStingerPerpetualTraveller Thanks for your response Sir. I've been in for a while now, tired of not being able to reserve when I need or want to. I just need to know should I take steps to cancel now, or do so when I owe noting but HOA fees. Mortgage will be paid in full in about 8 months.

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      @@rclyde8825 If you can't book and the reason is not COVID because most of the resorts are at 30 % capacity, you should send a letter / email detailing the situation and if it is not getting fixed with 10 days, I would send a letter to cancel and if what they do. But, can you use the points/weeks you have already invested in?

    • @rclyde8825
      @rclyde8825 3 года назад +2

      @@MarioStingerPerpetualTraveller "Owners" can't book at this time. Not available for "owners" till August. All non owners can call up and rent as they please. COVID is not the reason. I do have a week from 2020 to use, at an additional cost of course. It's called a banked week fee. How can it be banked when we couldn't use it due to COVID.... This is the crap I'm tired of.

    • @strcoelhoapex7180
      @strcoelhoapex7180 Год назад +4

      @@rclyde8825 i did a lot of bad negotiations in my life, but timeshare was by far the worse one. they lied like we don't have tomorrow. Oh my god.
      I sent letter, the never responded. We called they never answer. Now they just sent me a letter asking me to pay the maintenance fee. the sells lady told me that will be no charge for 2 years. we got last year, and they already sent me a letter about fee.
      Why they allow this kind scam exist?

  • @MFTgal
    @MFTgal 2 года назад +1

    Diamond Resorts has a Transitions option. Lose all points, pay an additional $1000 bad deal!

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  2 года назад

      Wow. Can you burn your points before you cancel?

    • @MFTgal
      @MFTgal 2 года назад

      If you can find a reservation available and use before paying annual fees...

  • @JoeBIgLotto
    @JoeBIgLotto 3 года назад +2

    I wish I saw your video last year very nice video 😊👍 l want to cancel because of the sales deception makes me very angry.

  • @ahmedadnan6144
    @ahmedadnan6144 3 года назад

    Thank you very much

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      You are most welcome.

    • @ahmedadnan6144
      @ahmedadnan6144 3 года назад

      @@MarioStingerPerpetualTraveller Hello Mario, you save my life from these scammer. I just bought timeshare from Westgate resort 4 days ago, after 3 hours of lying, misleading and misrepresentation. would you mind to guide me how to write this cancellation letter as soon as possible. I just call them and they told me they will call back but they didn't. Should I travel back to Orlando just for cancellation. please help me in what is the next step. thank you.

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      @@ahmedadnan6144 Hello, the law is clear, you can cancel ANY timeshare contract with 7 days. Cancelation takes effect the date you have the proof of sending your cancelation letter. If they don't refund you promptly (within 30 days) and you paid with your credit card, call them and fill the necessary paperwork to get the transaction reversed. You normally have 30-60 days depending on the card benefits and the company to do that.

    • @ahmedadnan6144
      @ahmedadnan6144 3 года назад

      @@MarioStingerPerpetualTraveller thank you very for this help, is there special form for this cancellation letter or just send them a letter that has my name, telling them that I want to cancel my contract. Thank you.

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      @@ahmedadnan6144 I can't find a "specific" form for that. But, the usual, date and location, their names, your names, the core of the matter... .I bought a timeshare from ... and as you are within your time limit, no need to elaborate on the details as to why you want to cancel. Just that you want to exercise your rights to do so. Please refund my deposit in totality and stop any further payments effective immediately etc...If there is a specific law in the state that you know, cite it... In accordance to law, act, regulation 123 regulating timeshare cancelations.... I which to cancel my contract...

  • @charonfaulk4857
    @charonfaulk4857 3 года назад +2

    What if u don't have a job

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      That would depend on your assets. If you don't have a job, but you own properties that can be sold to paid... They may go after that. However, that's not likely. If you can't pay, you can't pay and that's it for most of them. You can inform them of that. I lose my job, I can't pay, I would like to cancel as I'm not sure I will have the ability to pay for a long time... See what the say.

  • @T3CHNOKILLA247
    @T3CHNOKILLA247 3 года назад

    What if it's only been more than 7 days but less than 30days

    • @MarioStingerPerpetualTraveller
      @MarioStingerPerpetualTraveller  3 года назад

      Send your letter of cancellation just the same and see what happens. During COVID-19 a lot of stuff is different. A lot of rules are also relaxed. Good luck!

  • @brianaruix
    @brianaruix 3 года назад +1

    Can you please recommend an attorney for canceling time share I have one now since nov 3 and never used it . I’m a single mother now and can barley afford to pay rent and put food on the table 🥲 I told them that and still nothing