WALK AWAY FROM TIMESHARE

I have owned timeshares for 20 years. Sorry you are upset, but all I have said is absolutely documented. I own two time shares and two rci memberships. I have been totally honest and upfront and have/will offer phone numbers and resort numbers etc. as confirmation. There is an underground exchange available directly through resorts. With all due respect, if you truly are an owner, you are being duped. You have said you are happy going to your own resort...if so...what is your problem with me? I am speaking to those people who were sold on the exchange benefits.

You and I both know that multiple edits have come from your bosses looking over your shoulder. Regarding legal contracts, you know that verbal promises are legally binding contracts ..especially when backed up by facts of activity such as resorts performing functions (banking and exchanging) that owners are paying RCI to do.

pattig31 wrote:

You and I both know that multiple edits have come from your bosses looking over your shoulder. Regarding legal contracts, you know that verbal promises are legally binding contracts ..especially when backed up by facts of activity such as resorts performing functions (banking and exchanging) that owners are paying RCI to do.

You're clearly just plain NUTS...... I'm retired --- I have NO bosses in this world. I'm just a lousy typist, and my only "edits" have been to correct my own typing errors immediately after posting. Good luck to you, my friend --- you are clearly going to need LOTS and LOTS of it if you can't even accept free, experienced, and absolutely accurate legal advice and information with even the tiniest bit of grace, gratitude or courtesy. Nonetheless, I wish you well and I bid you a FINAL....GOODBYE!

pattig31 wrote:

You and I both know that multiple edits have come from your bosses looking over your shoulder. Regarding legal contracts, you know that verbal promises are legally binding contracts ..especially when backed up by facts of activity such as resorts performing functions (banking and exchanging) that owners are paying RCI to do.

Bosses, what bosses? I'm retired and am my own boss, thank you. You evidently aren't educated concerning verbal contracts. So called verbal contracts are rife with he said/she said/he said and are not backed up by facts. The facts are in the written contract, PERIOD, and is the only legally binding contract there is. Try taking your verbal contract to an attorney and see what he/she tells you.

BTW, what resorts are you referring to that perform functions (banking and exchanging) that owners are paying RCI to do? These are very strong allegations. Resorts have no desire to be a banking and exchange company. You keep digging your illogic hole deeper and deeper and making no sense whatsoever in doing so.

pattig31 wrote:

I have owned timeshares for 20 years. Sorry you are upset, but all I have said is absolutely documented. I own two time shares and two rci memberships.

If you have owned timeshares for 20 years, then you evidently have learned absolutely nothing about that subject in all that time. Everything you have stated in your posts makes absolutely zero sense and is wrong. How many of those timeshares did you merely stop paying your maintenance fees with no repercussions to your credit rating?

Quote:

I have been totally honest and upfront and have/will offer phone numbers and resort numbers etc. as confirmation. There is an underground exchange available directly through resorts. With all due respect, if you truly are an owner, you are being duped.

Prove that there's an underground exchange availibility through RCI affiliated resorts?

My problem with you is all the misinformation you've given on this forum. Your credibility is severely lacking in alleging that resorts are exchanging undergound when they're supposed to go through RCI and advising timeshare owners just to stop paying their timeshare monetary obligations and there will be no repercussion to their credit rating. This is just flat out wrong information.

Also, why in the world would you have two different accounts with RCI? You could own 20 timeshare weeks but you would need only one RCI membership. Why are you paying for two memberships?

I have two rci memberships..one with my ex-husband, and one on my own. Have you called the telephone numbers I have provided? How about giving me a telephone number for a resort one you own such as I have. Stop yelling at me....I didn't rip you off. I haven't told you half of what I know. Maybe I sold you your timeshare.

Lets take this one step at a time...first banking.....call daily management and ask them if it is true that rci owners of vacation village have to bank through RCI or them...maybe you are a retired person...but you are obviously on somebody's payroll.

Also, I think you are responding to comments i actually made to other people...you aren't the only person responding you know,,,,and now that I think about it, maybe I am the person who ripped you off....don't go and have a heart attack about it.

pattig31 wrote:

Lets take this one step at a time...first banking.....call daily management and ask them if it is true that rci owners of vacation village have to bank through RCI or them...maybe you are a retired person...but you are obviously on somebody's payroll.

Some resorts do indeed have some lists of weeks you can exchange into directly through them. Stranger yet, .......well, I made an exchange through RCI but it never showed up on my History on the RCI site, which I found disconcerting. When I called to ask why, I was told that the week I got in Spain was supplied directly by Mayan Palace and didn't show up on the RCI site because it was not from their exchange pool. I was exchanging an existing Mayan Palace deposit which I'd made nearly 2 years ago into RCI and did pay the RCI exchange fee. Wierd. It is true that I had not seen the week I took listed on the RCI site but it was offered by the RCI VC when I decided to reserve by phone.

The first time we went to Mayan Palace, I believe we did it with a semi-internal exchange from Grandvista to MP and paid GV a lower-than-RCI fee. I'd forgotten that! You really can at least ASK your resort whether they have anything available like this. I know PIC weeks accepted by Fairfield/Wyndham go directly into RCI but some other chains may keep them to exchange on their own. I don't know what Bluegreen does with AIM weeks. (As we used to say re insurance claims: Go ahead and ask. The worst they can say is "No"!) MD

pattig31 wrote:

Also, I think you are responding to comments i actually made to other people...you aren't the only person responding you know,,,,and now that I think about it, maybe I am the person who ripped you off....don't go and have a heart attack about it.

I get the picture now that you evidently work for an uprfront fee resale company, a developer or a postcard company that rips people off on a daily basis, but I've never been ripped off by you or anyone else, sorry.

I will continue to correct all the misinformation that you dole out here.

pattig31 wrote:

Lets take this one step at a time...first banking.....call daily management and ask them if it is true that rci owners of vacation village have to bank through RCI or them...maybe you are a retired person...but you are obviously on somebody's payroll.

I believe what you're speaking of is internal exchanges within a resort, a management company (re: Marriott, Starwood, Worldmark etc.) or a club. That's not the same as banking and exchanging via RCI. You're comparing apples to oranges. With many systems internal exchanges are allowed without an exchange company involved whatsoever.

I WISH I was on somebody's payroll.

carries25 wrote:

There is the matter of your credit rating as well.

O.

It will negatively impact your credit rating. Quite likely you will be hounded by collection agencies and still have that black mark to follow you around for years.

Talk to the resort to see if they will buy it back. otherwise, sell it for a loss just to be out from under it.

Good luck!

kristen45 wrote:

carries25 wrote:

There is the matter of your credit rating as well.

O.

What will happen to your credit if you just stop making payments? I cant afford to keep paying for my timeshare...and I still owe money on it plus 2 yrs maint. fees what should I do?

kristen45 wrote:

What will happen to your credit if you just stop making payments? I cant afford to keep paying for my timeshare...and I still owe money on it plus 2 yrs maint. fees what should I do?

When you signed on the dotted line to buy your timeshare, you also agreed to paying the yearly maintenance fees. The maintenance fees are like any other bill that you owe and, yes, your credit will be affected negatively if you discontinue paying them.

jayjay

kristen45 wrote:

What will happen to your credit if you just stop making payments? I cant afford to keep paying for my timeshare...and I still owe money on it plus 2 yrs maint. fees what should I do?

Try to sell back. I know several persons who have contacted their resorts and been able to "sell" back the week - at a loss of course - but you don't want to mess with your credit. I

Kristen45

What have you got/ where is it etc.

Send me a msg with details if you like.

(I am a private individual, not any kind of dealer or agent.)

kristen45 wrote:

carries25 wrote:

There is the matter of your credit rating as well.

O.

What will happen to your credit if you just stop making payments? I cant afford to keep paying for my timeshare...and I still owe money on it plus 2 yrs maint. fees what should I do?

brianw203 wrote:

I asked them when i first bought my timeshare what do i do with it when i do not want it anymore they said i can sell it back to them.

Did you get that in writing? If not, good luck when you try to sell it back to the resort. They'll tell you anything to make a sell.

jayjay wrote:

I would check directly with an IRS expert on this.

I do not believe the loss is deductible unless the timeshare was given to a true CHARITY. We Collect Timeshares is not a charity and they charge you $3000 to take your unwanted timeshare off your hands ..... rip-off bigtime.

barbarac235 wrote:

When I mentioned to call "We Collect Timeshares" I was not referring to a "charity." We Collect Timeshares charges to takeover the timeshare, BUT the loss can be deducted over 2 yrs. from your IRS taxes, thus recooping the loss. This was verified by an IRS agent before making the transaction.

Campy