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HGVC - I'm guessing we should rescind?

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  • HGVC - I'm guessing we should rescind?

    So my husband and I got suckered in with 6800 bonus points today, and paid $12k for a biennial 3400 contract. I'm pretty sure we have made a mistake, the bonus points were what made him think it was a better deal than buying a resale. So should I head out to the post office? (pretty sure I don't need to ask...)

  • #2
    Terrible Deal.. the 6800 points are worth about $1500
    You can get an annual (which is twice what you have) 3400 points in Vegas or Orlando for less than $1,000 on ebay..

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    • #3
      There you go. That's a straight answer.
      "You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity." Adrian Rogers

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      • #4
        All the resales on eBay though seem to be from the sellers listed as scammers on here. How do I find a legit reseller? And will HGVC allow a resale of 3400 annual points at $1,000 under ROFR?

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        • #5
          Originally posted by lbjen View Post
          All the resales on eBay though seem to be from the sellers listed as scammers on here. How do I find a legit reseller? And will HGVC allow a resale of 3400 annual points at $1,000 under ROFR?
          Try going to a broker's site: http://judikoz.com/ or http://www.sellingtimeshares.net/

          On Ebay, I have had a good experience with CJ Timeshares.

          3400 points is probably silver season, which is the lowest season. I have never heard of HGVC exercising ROFR on silver season weeks.

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          • #6
            Thanks all - will be using the HGVC printer to print my recession letter in the AM!

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            • #7
              Originally posted by Presley View Post
              Yep, those two have great reputations for HGVC resales. I have personally bought from Seth (second link) and was very satisfied.

              3400 points is probably silver season, which is the lowest season. I have never heard of HGVC exercising ROFR on silver season weeks.
              Actually, 3400 points is a 1BR in Gold season. It is still pretty rare for HGVC to exercise Gold weeks, but I have heard of it happening.

              Kurt

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              • #8
                Sent the letter, and membership package by certified mail with return receipt this morning (and yes I used the HGVC computer to do it ). Now just got to wait for our funds back...

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                • #9
                  I also purchased form Seth Nock. He's pretty easy to work with.
                  I did lose one to ROFR the first go round but eventually did get a better unit.
                  I'd buy from him again.

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                  • #10
                    The closer left us a voicemail today, saying we should get our deposit back in 10 days. She seemed genuinely pleasant about it all so I'm not anticipating any backlash.

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