After resignation/ cancelation

[Marina K]

what should we expect after canceling/ rescinding from our contract?
We sent the letter within 2 days of signing, after finding this website. Thank you guys again!
But now we are worried on what to expect and how to know if it was really canceled?
Will we receive something in the mail?
Thanks again

 

[TheTimeTraveler]

You usually will not receive any notification that they received your rescind paperwork, but within 45 days or so you should get your refund.

Hopefully you sent everything via Certified Mail so that you have proof that indeed it was mailed in a timely manner. It makes no difference "when" they actually receive your paperwork; what they are concerned with is the date of the Postmark on the envelope (the exact date of mailing).

Not sure what state you are from, but you only have so many allowable days to do this, and if you didn't send your paperwork within that allowable time frame then you will be unable to rescind; and you will end up being a Timeshare Owner




.

 

[Marina K]

We did everything exactly as it was asked on our paperwork. Certified mail, keep the copy of receipt, sent rescind letter signed by my husband and I. Sent it on day 2, and since we are in Florida we had 10 days according to our contract.

 

[GT75]

You may get a call from your salesperson, but they will only be trying to salvage the sale. HGVC has a process that they follow and it isn't to call/notify you. They are required to refund your money in whatever payment method which was used. So if you paid by credit card, look for the refund there.

 

[Grammarhero]

Do not pick any calls up from unknown numbers. Also, don’t return their messages.

 

[Passepartout]

We did everything exactly as it was asked on our paperwork. Certified mail, keep the copy of receipt, sent rescind letter signed by my husband and I. Sent it on day 2, and since we are in Florida we had 10 days according to our contract.

You did everythng perfectly. The law is that your contract is cancelled and all funds MUST be returned. However, there is no requirement that you be notified either of the recipt, progress, or completion of the rescission. We know it's stressful, but all you can do is watch your credit card account for the refiund.

Congratulations. Go celebrate. You won. And if you are still interested in TS, stick around TUG and we'll help you be a smarter consumer.

Jim

 

[brp]

You did everythng perfectly. The law is that your contract is cancelled and all funds MUST be returned. However, there is no requirement that you be notified either of the recipt, progress, or completion of the rescission. We know it's stressful, but all you can do is watch your credit card account for the refiund.

I will add that, both from personal experience and a number of reports here, HGVC are very much straight shooters here and don't play games with the rescission (beyond the possible call mentioned above - didn't happen for us). They will follow through.

Cheers.

 

[Marina K]

Thank you so much guys, makes me feel better!
We are very stressed about this! Can’t believe we felt for it
We are definitely interested in TS and have learn alot already from reading trhu the site. I will become a member, and fill out the questionnaire to see if you guys can help us figure out which program is best for us.

 

[GT75]

We are definitely interested in TS and have learn alot already from reading trhu the site. I will become a member, and fill out the questionnaire to see if you guys can help us figure out which program is best for us.

We will be glad to help when the time comes. I would suggest, wait for the rescind first to occur and then take your time to research. There isn't a rush because resale will always be available.

 

[mcsteve]

Don't feel bad. You did the right thing and are now ahead of the game. I bought 2 "Vacation Clubs" over the years from the "developer" which ended up folding down and yet still bought my first TS property directly from HGVC before I found TUG and discovered the world of resale. As brp stated "HGVC are very much straight shooters" so you can breath easy.

 

[Anw015]

So this was my experience....I went and bought on a Monday Aug 19. I sent a letter on Friday Aug. 23 certified mail rescinding. I got confirmation Monday it was received. In my letter I asked for written verification and they did email me Tuesday stating they got my letter. I checked my card daily Aug 30 mid day I had been refunded my deposit. I was contacted by the agent and I just ignored his calls and text. I have not received anymore emails from Hilton. I assume with them refunding my deposit all is good.

I was told it can take weeks so I probably should check to assure all has been completed.

 

[Marina K]

I am so happy and relieved!!!
We just received an email from Hilton stating they received our letter and already are in the process to cancel our contract
Thank you guys so much!!!

 

[dayooper]

I am so happy and relieved!!!
We just received an email from Hilton stating they received our letter and already are in the process to cancel our contract
Thank you guys so much!!!

Congrats!

 

[GT75]

Wonderful news, congratulations.