So, my wife and I went to a timeshare presentation because of all the perks they offered. We knew a little bit about regular timeshares but nothing about the point value. The point system was interesting. We had been looking at investing in a condo here at myrtle but it would be an investment property.
After hearing the way the system worked the timeshare seemed like a good deal. We settled on a 200,000 point system that was partially paid by the prior owners. I think on that part we got a good deal. However, the downpayment would need to be paid in six months which is a little steep with only one working family member. The monthly maintenance fee seemed steep but workable. The tour was great and the thought of going to a nice disney trip for our son with only bonus points sounded good. We signed and were happy.
We got back to our room and I was slightly sad because we have been staying at this resort for ten years. It is kind of our place. Then we pulled up the point manual. To stay at the wyndam resort for a week here would be 200,000 points. We were told our points would be good for two weeks. Nowhere close. After doing more research I found that our bonus points and 2019 points might do a week at disney with airfare but with feed. Then I got to looking at how much it would cost in case. No way a good deal. I could pay for half the stay with just the maintinance fee or all of the airfare with that cash.
After reading more on these forums everyone recommended to cancel if you had ANY doubt. I looked at the portion of the booklet that tells how to cancel. I printed that page also with a letter signed by myself and my wife giving all the dates we signed and were mailing. Also with our member number. I mailed it certified mail return receipt to BOTH of the address listed in the contract.
So is that it? Did I miss anything? I put all our identifying information in the letter having me and my wife sign the bottom and initial after each number or date.
Maybe in a few years but not now when the points are only worth one week a year and then we have to pay another $1200 maintinance fee for that priviledge.
After hearing the way the system worked the timeshare seemed like a good deal. We settled on a 200,000 point system that was partially paid by the prior owners. I think on that part we got a good deal. However, the downpayment would need to be paid in six months which is a little steep with only one working family member. The monthly maintenance fee seemed steep but workable. The tour was great and the thought of going to a nice disney trip for our son with only bonus points sounded good. We signed and were happy.
We got back to our room and I was slightly sad because we have been staying at this resort for ten years. It is kind of our place. Then we pulled up the point manual. To stay at the wyndam resort for a week here would be 200,000 points. We were told our points would be good for two weeks. Nowhere close. After doing more research I found that our bonus points and 2019 points might do a week at disney with airfare but with feed. Then I got to looking at how much it would cost in case. No way a good deal. I could pay for half the stay with just the maintinance fee or all of the airfare with that cash.
After reading more on these forums everyone recommended to cancel if you had ANY doubt. I looked at the portion of the booklet that tells how to cancel. I printed that page also with a letter signed by myself and my wife giving all the dates we signed and were mailing. Also with our member number. I mailed it certified mail return receipt to BOTH of the address listed in the contract.
So is that it? Did I miss anything? I put all our identifying information in the letter having me and my wife sign the bottom and initial after each number or date.
Maybe in a few years but not now when the points are only worth one week a year and then we have to pay another $1200 maintinance fee for that priviledge.
