Grandview Las Vegas Misrepresentation?

[wackymother Senior Member Find all posts View Profile Close wackymother]

BTW, you can ALSO fax the letter or send it by Fedex (in addition to sending your certified letter with return receipt requested), but those methods will not "count" toward the recission, because you're not following the terms spelled out in the contract.

Generally the people here urge you not to hand-deliver a recission letter b/c it's all too easy to get talked into not rescinding once you get sucked back in. These salespeople are good--don't fall for their traps again!

[WopOnTour Junior Member Find all posts View Profile Close WopOnTour]

OK Thanks
I looked through my entire sales package an I did not receive any sort of formal rescind/revocation form. Does it really need to be notarized as the OP suggests?

There's notmuch opportunity to "hand deliver" the recind paperwork, as I'm now over 2000 miles away. I'm just glad we did our tour of the property at the END of our visit to Vegas, not at the beginning- else we would have probably not researched into it much and gone over the 5-day period. Beleive m they DID TRY to get us out the property the very first day we arrived, but we refused.

WOT

[wackymother Senior Member Find all posts View Profile Close wackymother]

OK Thanks
I looked through my entire sales package an I did not receive any sort of formal rescind/revocation form. Does it really need to be notarized as the OP suggests?

No, it doesn't, at least not in Virginia. If it makes you feel better, you can run out two letters, mail one certified mail return receipt requested via the US Postal Service, and then take the other and get it notarized and send it, too, also certified mail return receipt requested.

There's notmuch opportunity to "hand deliver" the recind paperwork, as I'm now over 2000 miles away. I'm just glad we did our tour of the property at the END of our visit to Vegas, not at the beginning- else we would have probably not researched into it much and gone over the 5-day period. Beleive m they DID TRY to get us out the property the very first day we arrived, but we refused.

WOT

Good for you! The salespeople count on that delay. And BTW--don't feel "bad" about rescinding, don't feel "bad" for your salesperson. This happens every day to every salesperson. If they call and try to guilt you out, don't fall for it!

[wackymother Senior Member Find all posts View Profile Close wackymother]

Why not start a new thread with into about where you live and how you like to vacation? Then we can start suggesting resorts for you to explore on the resale market. We all love to do that!

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

There are to many actual timeshare owners who know how the system really works. All of us are telling you to rescind the contract. You really should listen to the voice of experience.

Do a google search for Grandview Las Vegas and see what you turn up. $19,000 is FAR to much to pay for this resort. You could easily buy 19 units of equal quality for what you're paying for just this one 2 bedroom week that's a LONG ways from the Las Vegas strip. Also consider how easily you can exchange into this resort for week 8. According to the I.I. demand index, week 8 is not a particularly high demand week. It's one box over average demand. While your week might not exchange through Interval International, the demand for that week will be similar with RCI. It's not a hard week to get on exchange. I have a Branson, MO week that I paid $285 that I would bet could pull you $19,000 week at Grandview in exchange. I'll be the MF's on my week are less than that $19,000 Grandview week as well. The MFs on that particular week are $255/year.

Look at it this way. In a town well known for it's beaches, would you want to stay at a resort 5 miles from the beach or, would you rather stay at a resort that's ON the beach? Think of that in terms of exchange purposes when the time comes that you want to exchange this resort.


There are reasons for buying direct from the developer but, I don't think you'll hit on many with this purchase.

1. Very new resort in pre-construction phase and you absolutely must have a particular style unit and/or view. Grandview doesn't have particular views (certainly now strip views) and it's far from new. Resale units are easy to find for much less money.

2. There's an internal exchange system that's only accessable to those that buy from the developer. (Grandview does not have an internal exchange system with other resorts built by the same developer).

3. Perks only offered to those that buy from the developer. (Those bonus weeks are bogus. You'll figure that out after it's to late to rescind. Very few systems have benefits worth paying developer pricing).

As others have said you have all sorts of time to research and learn about timeshare but, you have very limited time to rescind. RESCIND NOW! Would you just buy any car off a lot without doing a little research on what you wanted? Why on Earth would you pay $19,000 for something you'll be stuck with for the rest of your life. Timesharing isn't for everyone but most don't find that out until it's to late. If you get into this without researching and discover the timesharing doesn't work for you, you're out $19,000. You'll never be able to sell this unit for what you've paid. At best you'll get $1,000 to $2,000 for that unit.

Timeshareforums and TUG are timeshare sites where timeshare owners come to talk about the timeshares we own. It's not a complaint forum filled with unhappy owners. Most of us on these forums have learned how to maximize out ownerships and travel almost exclusively with timeshare. We know of what we speak and we're telling you, you've made a huge mistake. Cancel this contract and then spend some time on this forum and maybe over at Timeshare Users Group learning about timeshare BEFORE you make that purchase. In the long run you'll be glad you did.

[RSMOR Junior Member Find all posts View Profile Close RSMOR]

I'm just dying to know....did WOT ever actually get out of the contract? Bet he didn't. Wasted too much time chatting here when he should have been acting!

[WopOnTour Junior Member Find all posts View Profile Close WopOnTour]

I'm just dying to know....did WOT ever actually get out of the contract? Bet he didn't. Wasted too much time chatting here when he should have been acting!

Acutally, yes we DID rescind- with great "Thanks" to this forum. All I did was folllow whackymother's instructions and sent the rescind letter to head office in Florida by certified mail, as well as faxed the resort in NV.
Approx 2-weeks later our credit was posted.

WOT

[colin32422 Junior Member Find all posts View Profile Close colin32422]

New to this site, but you might be able to get a little more. My week is 31, so you don't really want to be in Vegas during that time, no matter where the resort is. Seems like a lot of users here really know what they're talking about. I tried selling my share a lot higher than it seemed the market decided it was worth. Some people have suggested bidshare.com
Another suggestion is redweek.com (don't remember if someone mentioned this or not).

[Lleighn25 Junior Member Find all posts View Profile Close Lleighn25]

What if you are going through a divorce

My husband and I are going through a divorce and neither one of us want the timeshare, is there anything that we can do about it?

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

My husband and I are going through a divorce and neither one of us want the timeshare, is there anything that we can do about it?

If it is paid off, you can check with resort to see if you can deed back to them.

If they don't accept it, one of you will need to get rid of it. Before that happen, both of you are on-hook. You can try to find a charity, sell it, sell it on eBay with $1 starting bid (plus some incentive), find someone willing to take it, pay someone that take it off your hand.

If it has not been paid off, you need to talk to the devloper, to see if they are willing to take it back.

If the developer does not, then you both have to prepare to get hit on the credit score and maybe get collection actions from the developer.

Until it is off, both of you can easily get hit no matter who is handling it.

Jya-Ning