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Best way to get rid of a Diamond timeshare

Discussion in 'Diamond Resorts International / Embarc Resorts' started by oneely, Sep 4, 2019.

  1. oneely

    oneely TUG Member

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    Location:
    Carmel Valley, CA
    I recently attended a timeshare presentation at Puebla Bonito Resort in Cabo San Lucas. We told the sales manager we didn't want to buy but were interested in getting rid of our Diamond Resort timeshare points. He said that for less than $1,000 dollars they would have a Company Called Timeshare Exchange Services in Canada, release me from ownership and future maintenance fees. I have looked up TES in many forums and found there are two other companies with the same name in the US. One is in Huntington Beach California and the other is in Levittown PA. The California location has horrible ratings and the Levittown location has mixed ratings. i cannot find any ratings for the Montreal Canada location. Can anyone help me, Are these all the same company operating in different locations or are they different. Are there any ratings for the Canadian Company>
     
  2. Grammarhero

    Grammarhero Official TUGBBS Rescission Master TUG Member

    Joined:
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    Location:
    Washington, DC Area
    Resorts Owned:
    Wyndham, EY 434k pts
    Williamsburg Plant, EY 4L/4
    DRI South Bend, EY 1/1

    Been to:
    Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
    US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
    Last edited: Sep 4, 2019
    R.J.C. and TUGBrian like this.
  3. clifffaith

    clifffaith TUG Member

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    If your timeshare is paid off and maintenance fees up to date, Diamond will take your retail purchased contracts back -- your cost is $1000 per contract. See the Transitions button in the left column when you log into your account.
     
    TUGBrian likes this.
  4. TheTimeTraveler

    TheTimeTraveler TUG Member

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    Tread VERY carefully. This could be a scam designed to look legitimate....




    .
     
  5. geist1223

    geist1223 Guest

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    Location:
    Salem Oregon
    Resorts Owned:
    Worldmark 89,000
    Seaside Oregon Residence Club
    Diamond Resorts Intermnational Hawaiian Collection 50,000
    Royal Solaris San Jose del Cavo
    I have heard these types of offers in Mexico at many timeshare sales. The odds are you will end up with two timeshares - the new one you just bought and the old one that was suppose to go away.
     
    TheTimeTraveler likes this.
  6. TUGBrian

    TUGBrian Administrator

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    yep, these "trade in" schemes never ever work out for owners.
     
  7. Tony Semifero

    Tony Semifero Guest

    Joined:
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    Resorts Owned:
    Polo towers
    Jockey club
    The Club at Cape Cod
    I bought my unit on Ebay. I was at least the 3rd owner out. I submitted my unit for relinquishing. They contacted me about 4 days later and said thet had accepted my unit. $1000. No additional maintenance fees. No next year's fees as has been stated here on TUG forum. I'm waiting for paperwork to come in the mail. Happy to pay $1000 to be done with this one. It's just too expensive for what we get there unfortunately.

    That said I wasn't unhappy with the DRI product... just didn't feel it was worth the almost $1200 maintenance fee up from $900 when I bought it about 10 years ago.


    This program is direct through Diamond Resorts. Log in the owner portal. There's a link on the home page. So it's not an outside company. I have verified by calling DRI directly.

    I'll update when the deal is done or if it doesn't go well.

    Good luck!
     
    gratiem, clifffaith and Karen G like this.
  8. clifffaith

    clifffaith TUG Member

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    Good to hear they are taking resale purchases back, although it sounds like you had a fixed week, rather than points?
     
  9. nrosario79

    nrosario79 Guest

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    Resorts Owned:
    Diamond
    Hello everyone,

    New member here.
    My wife and I converted from a Diamond sampler to a full membership.
    But due to marriage issues we decided to get rid of the membership.
    We signed the contract two days ago, how can we cancel this.
    We live in Florida and I know there is a buyers remorse rule

    Please help.
     
    Grammarhero likes this.
  10. Grammarhero

    Grammarhero Official TUGBBS Rescission Master TUG Member

    Joined:
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    Location:
    Washington, DC Area
    Resorts Owned:
    Wyndham, EY 434k pts
    Williamsburg Plant, EY 4L/4
    DRI South Bend, EY 1/1

    Been to:
    Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
    US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
    Look in the paperwork for the rescission instructions. Both you and your wife must sign the rescission letter. Send certified mail. How much would rescission save you?
     
  11. CalGalTraveler

    CalGalTraveler TUG Member

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    Welcome to TUG. You only have a few days or you are stuck so have both buyers sign a letter of rescission per the instructions in the contract. Mail with tracking to the address indicated on the contract so you can track and have evidence of the date mailed. Do not call the sales rep or sales office they will try to talk you out of it or worse delay a response so you get past your rescission date.

    Rescind now.
     
  12. R.J.C.

    R.J.C. Guest

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    If I remember correctly, in Florida, you have 7 calendar days to rescind a timeshare purchase but it depends on where you made the purchase, not where you live.
     
  13. pedro47

    pedro47 TUG Review Crew: Expert TUG Member

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    Never buy one or never attend one of their sales presentation.
     
  14. Tony Semifero

    Tony Semifero Guest

    Joined:
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    Resorts Owned:
    Polo towers
    Jockey club
    The Club at Cape Cod
    Correct. I own a fixed week.

    For $1000 still on being done... they just requested extra information (marital status, legal names etc) paperwork supposed to arrive soon.

    Will update again on process and/or any glitches
     
    clifffaith likes this.
  15. Grammarhero

    Grammarhero Official TUGBBS Rescission Master TUG Member

    Joined:
    Jun 9, 2019
    Messages:
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    491
    Trophy Points:
    133
    Location:
    Washington, DC Area
    Resorts Owned:
    Wyndham, EY 434k pts
    Williamsburg Plant, EY 4L/4
    DRI South Bend, EY 1/1

    Been to:
    Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
    US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
    @nrosario79
    We hope that your rescission went well enjoying life without the financial burden of a developer/resort TS. Solely to track how much TS owners have saved, mind sharing how much you saved with rescission? As half of all tuggers initially bought developer/resort TS, there is no shaming.
     
  16. janej

    janej Tug Review Crew: Rookie TUG Member

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    I also tried transition and was told they don't take resale weeks. Here is one of the condition:

    You must have purchased your vacation ownership directly from Diamond Resorts or from a predecessor whose developer rights were acquired by Diamond Resorts. Members and owners who have inherited or been gifted a vacation ownership from family will qualify if their family members would have qualified.
     
    Last edited: Sep 20, 2019
  17. chapjim

    chapjim TUG Member

    Joined:
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    Trophy Points:
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    Location:
    Fairfax County, Virginia
    Resorts Owned:
    Wyndham PresRes, Quarter House (4), Resort on Cocoa Beach (4), some others.
    Interesting. The DRI website says Transitions is good only for contracts purchased from DRI (with a few relaxations).
     
  18. Grammarhero

    Grammarhero Official TUGBBS Rescission Master TUG Member

    Joined:
    Jun 9, 2019
    Messages:
    1,064
    Likes Received:
    491
    Trophy Points:
    133
    Location:
    Washington, DC Area
    Resorts Owned:
    Wyndham, EY 434k pts
    Williamsburg Plant, EY 4L/4
    DRI South Bend, EY 1/1

    Been to:
    Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
    US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
    @nrosario79
    We hope that your rescission went well and enjoying life without the financial burden of a developer/resort TS. Solely to track how much TS owners have saved, mind sharing how much you saved with rescission? As half of all tuggers initially bought developer/resort TS, there is no shaming.
     

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