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While attending a timeshare presentation at the Cabo Villas Resort in January my wife and flat out told them that unless they blew our socks off with an incredible deal we were not interested in purchasing their timeshare. They presented the numbers and we both shook our heads no.
Somehow it slipped out that we already had a timeshare with Wyndham. They jumped on that and said they would give us 10k credit for that TS and knocked down the price accordingly. At that point it become very interesting. Neither of us were very fond of the Wyndham point system and how we had to bank them with RCI, we would get more time with the new TS, plus it would cut our maintanence fees in half. We ended up taking the deal and signed an equity transfer agreement to a company named iTC Rental Solutions along with all the other docs. They informed us that someone from iTC would call us to arrange the title transfer.
Several weeks passed with no calls from iTC. I called the contract office at the resort and they seemed surprised that we had not yet been contacted by iTC. He sent an e-mail to several addresses apparantly at iTC asking them to contact me. A few more weeks passed with no contact. I called the resort again and was informed that iTC is "restructuring" and they don't know what is going on with them. He said that our contract with CVR was complete regardless of the "deal" with iTC and that I was under no obligation to wait for them to contact me. He suggested that I use donateforacause.org to try to dump our Wyndham TS.
I contacted DFAC and was told that our TS was less desirable and that I would have to pay them $1500 to donate it.
My question is - Were we scammed into buying? The main reason for making the purchase was getting out of the Wyndham point system. Now we own two timeshares. Do I have any legal recourse? Is CVR legally obligated to take my Wyndham TS? Is iTC even real? iTC Rental Solutions does have a website and phone number, but the calls go straight to voice mailbox.
Thanks to anyone that can assist.
Somehow it slipped out that we already had a timeshare with Wyndham. They jumped on that and said they would give us 10k credit for that TS and knocked down the price accordingly. At that point it become very interesting. Neither of us were very fond of the Wyndham point system and how we had to bank them with RCI, we would get more time with the new TS, plus it would cut our maintanence fees in half. We ended up taking the deal and signed an equity transfer agreement to a company named iTC Rental Solutions along with all the other docs. They informed us that someone from iTC would call us to arrange the title transfer.
Several weeks passed with no calls from iTC. I called the contract office at the resort and they seemed surprised that we had not yet been contacted by iTC. He sent an e-mail to several addresses apparantly at iTC asking them to contact me. A few more weeks passed with no contact. I called the resort again and was informed that iTC is "restructuring" and they don't know what is going on with them. He said that our contract with CVR was complete regardless of the "deal" with iTC and that I was under no obligation to wait for them to contact me. He suggested that I use donateforacause.org to try to dump our Wyndham TS.
I contacted DFAC and was told that our TS was less desirable and that I would have to pay them $1500 to donate it.
My question is - Were we scammed into buying? The main reason for making the purchase was getting out of the Wyndham point system. Now we own two timeshares. Do I have any legal recourse? Is CVR legally obligated to take my Wyndham TS? Is iTC even real? iTC Rental Solutions does have a website and phone number, but the calls go straight to voice mailbox.
Thanks to anyone that can assist.
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