Welcome to TUG. Stick around. Learn. Ask questions. Shop TSs if you want to. We suggest a minimum of 6 months study before you buy (feel free to rent a few TSs)- though that advice is usually ignored.
Jim
yes. i always do diligent research before i indulge on everything but during the presentation, it felt like a gun at pointblank, either you sign or die(exaggeration). i've many friends that own TSs and very happy with them but the stingy person that i am, and thru this forum, it is nice to learn that i can be just as happy with a lot less money to fork out. I did a lot of research and i'd like to ask if i overdid my rescission letter. it went like this:
Wife
husband
xxxxxxxxxx.com
(xxx) xxxxxxx
xxxxxx xxxxxx ave.
xxxxxxxxxxx
Revocation Letter: Bluegreen Vacations Unlimited, Inc.
Contract Reference Number: xxxxxx
Date Purchased: April 4, 2014
We hereby rescind our contract or agreement for sale to purchase timeshare Contract Reference Number xxxxxx with Bluegreen Vacations Unlimited, Inc.
Resort Name: (resort name), (resort address)
Time-share unit(s)and periods(s): xxxxxx, xxxxxx
Pursuant to the requirements and according to the Wisconsin Statutes, Chapter 707.47 and as mentioned in our contract:
"You may cancel this contract without any penalty or obligation within 5 business days from the date you sign this contract or until 5 business days after you receive the approved public offering statement, whichever is later. If you decide to cancel, you must notify the developer, in writing, of your intent to cancel. Your notice of cancellation shall be effective upon the date sent and shall be sent to: Bluegreen Vacations Unlimited, Inc., Attn: Corporate Sales Accounting dept., 4960 Conference Way N ste 100, Boca Raton FL 33431-3311".
We are exercising our legal right to cancel this contract. Due to this cancellation, we expect that the US$xxxxx.00 that we placed on the timeshare using the mastercard we opened through you be credited back immediately upon your receipt of this letter. To ensure that this credit occurs smoothly, we will closely monitor the refund process as stated on the Wisconsin Statutes 707.47(6)(a) that "cancellation shall be without penalty and that all payments made by the purchaser before cancellation shall be refunded within 20 days after receipt of the notice of cancellation or within 5 days after receipt of funds from the purchaser's cleared check, whichever is later". We will be instructing the credit card company to immediately reverse any charge from your company when and if it appears on our account.
Per instructions, we will also be sending back the Conventional Owner's kit and the CD-ROM in the same tote bag on a separate cover.
Thank you for your cooperation and assistance with this matter.
Sincerly,
what do you think. I plan to send it today in about 2 hrs during my lunch break. thanks again