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HSI/RCI timeshare Newbie with lots of questions!

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  • HSI/RCI timeshare Newbie with lots of questions!

    Hello all,

    Please bare with me, I am new to this and would like to explain my situation:

    My wife and I are both 27 and were sold into a timeshare at a 4-star resort in Playa Del Carmen, Mexico when we vacationed there 2 years ago. We signed up through HSI (holiday systems inc) as RCI Royal Elite members. We were a couple drinks deep when they gave us the big sales pitch and it sounded like a TREMENDOUS investment opportunity. Meanwhile I got approved for a $10k credit card and Boom! Owners of a timeshare!

    Fast forward 2 years.

    We have NEVER once used a single primary, burn, or breakaway week since we signed up.....NEVER! We have literally been paying into this "investment" wasting our money and are somewhat lost and frustrated as to how we got to this point. I currently get about 3 calls a day from timeshare tele-marketers who swear they can either rent or sell our timeshare. I looked into some of these fly-by-night companies and there is ZERO guarantee that they can sell the weeks....and half of them pack up, change names, and keep your registration fee which has varied from $300-$1000 depending on the company. To say the least I'm weary about doing business with half of them.

    I've passed through this place once before and it seems like a very knowledgeable community. I'd truly appreciate some genuine advice on how to either properly market & sell our weeks, or what legitimate companies are out there who would buy this thing and get it off our hands!

    The agreement was through Sandos Caracol Resort in Playa Del Carmen, Mexico for approx $15k which was for the next 25 years (until year 2032). We have a primary week, burn weeks, and breakaway weeks.

    HELP!!!!!!! Thanks in advance

  • #2
    Originally posted by Greggorio21

    Please bare with me . . .
    OK, I'm stripped down and ready.
    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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    • #3
      Hang around, someone will answer your questions. Most of what they told you in Mexico was lies. From what I've heard HSI isn't much of anything and Mexico mostly trades like crap.

      JLB- people are wondering about you now.

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      • #4
        Originally posted by tonyg View Post
        JLB- people are wondering about you now.
        now???
        RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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