mempho_to_diego
TUG Member
hey, i'm new to the boards and got invited to a presentation with my wife (we are both 28), whilst on our honeymoon, in the riveria maya. we just got back yesterday and were there from july 10th, 2009 till july 20th, 2009.
i too bought a "suite mayan palace regency" for a total of $16,900 ... i didn't get on the internet till yesterday and just wanted to poke around and see other peoples feedback on this vacation club ... wow, was i surprised - a lot of negative reviews, i couldn't even sleep last night - i woke up my wife and she got hella pissed!!! she calmed me down and explained this is our first big investment together, and that we are young and if it isn't what we thought, then we can pay off the $16,900 and be done with it ... lesson learned. is this correct?
the other thing i did, was that i did sign a BofA Credit Card in Mexica (Playa del Carmen - Mayan Palace or Grand Mayan or whatever) for $5,915 ... i found out that there was another INTL FEE tax of $177, so my total on the card is $6,092 or something. I have to make the first payment of $60.00 by August 8th, which i am making a payment of $92, so that I can get it even to 6,000 left. (i have a promo rate of a 2.99 APR for about 7 months) - I can definitely pay off this in 7 months ...
what about the $10,985 that I have to send to Mayan Palace Regency for the rest of my vacation club cost? (it says the place that manages the rest would be a place called Summit Opportunities, LLC, an independent company providing payment processing and mailing services - and i'm sure they would send the payments to the Mayan Palace Regency) ... my question - what happens if i don't send them the payment or the loan that i open up for $10,985 (due no later than 10/11/2009)???
i too got the whole HSI thing along with the membership (free for one year, $99 after) - this was my biggest reason for doing it ... not for exchanging weeks into HSI, but actually using their "lowest guarantees" for stuff like burn weeks, AIRPLANE TICKETS, sporting events, cruises, etc ... i read on these boards that this is a sham as well? man, bunch of lies - or is it?
i also let wyndam take our VF weeks for the first five years - this can be renegotiated after the next 5 years ...
the whole contract is renewed after 25 years ... does someone on these boards live in san diego, ca and can review my contract? my biggest question is, is this reasonable with other vacation clubs out there? i know all vacation clubs/timeshares are a rip in some form or fashion, but am i seriously way out there?
i too bought a "suite mayan palace regency" for a total of $16,900 ... i didn't get on the internet till yesterday and just wanted to poke around and see other peoples feedback on this vacation club ... wow, was i surprised - a lot of negative reviews, i couldn't even sleep last night - i woke up my wife and she got hella pissed!!! she calmed me down and explained this is our first big investment together, and that we are young and if it isn't what we thought, then we can pay off the $16,900 and be done with it ... lesson learned. is this correct?
the other thing i did, was that i did sign a BofA Credit Card in Mexica (Playa del Carmen - Mayan Palace or Grand Mayan or whatever) for $5,915 ... i found out that there was another INTL FEE tax of $177, so my total on the card is $6,092 or something. I have to make the first payment of $60.00 by August 8th, which i am making a payment of $92, so that I can get it even to 6,000 left. (i have a promo rate of a 2.99 APR for about 7 months) - I can definitely pay off this in 7 months ...
what about the $10,985 that I have to send to Mayan Palace Regency for the rest of my vacation club cost? (it says the place that manages the rest would be a place called Summit Opportunities, LLC, an independent company providing payment processing and mailing services - and i'm sure they would send the payments to the Mayan Palace Regency) ... my question - what happens if i don't send them the payment or the loan that i open up for $10,985 (due no later than 10/11/2009)???
i too got the whole HSI thing along with the membership (free for one year, $99 after) - this was my biggest reason for doing it ... not for exchanging weeks into HSI, but actually using their "lowest guarantees" for stuff like burn weeks, AIRPLANE TICKETS, sporting events, cruises, etc ... i read on these boards that this is a sham as well? man, bunch of lies - or is it?
i also let wyndam take our VF weeks for the first five years - this can be renegotiated after the next 5 years ...
the whole contract is renewed after 25 years ... does someone on these boards live in san diego, ca and can review my contract? my biggest question is, is this reasonable with other vacation clubs out there? i know all vacation clubs/timeshares are a rip in some form or fashion, but am i seriously way out there?