April 19, 1998
Thank you for your time-share article ("Major Hotel Chains Jump on Time-Share Bandwagon," Travel Insider, March 15). I was at a time-share property in Palm Springs the very day of this article. Yes, I bought into the sales pitch. However, I rescinded only two days after by mail, in accordance with my recession rights. This "right" was only discovered when I reviewed my packet of papers. It was never told to me by the sales representative. I hope I get my money back and don't get stuck with such a bad deal.
September 27, 1987
The public auction of vacation time-shares originally scheduled for Nov. 8 at the Los Angeles Convention Center has been postponed until Dec. 6, according to auction sponsor Mario Collura of RE/MAX TRI, Marina del Rey. The seller registration deadline is Wednesday, he added. Registration information can be obtained from RE/MAX TRI, 13470 Washington Blvd., Marina del Rey 90292. The auction will be conducted by the Piatelli Co.
May 29, 2005
Thank you for "Time Shares: Take Your Time Before Signing on Dotted Line" [Travel Q&A, May 8]. My husband and I recently attended a time share presentation in Palm Springs. We were impressed and signed the papers and gave a deposit. We came home the next day. That evening, I read everything. The contracts were far more confusing than I thought, and I realized that the provisions were different from what we were promised. I am an attorney and very used to reading contracts. It took me three hours to try to figure out this one. I quickly decided that we needed to back out of this deal.
March 7, 2011 |
Time shares are tough to sell, even in the best of times. But now the shared vacation properties and their hefty annual fees have become nearly impossible to unload and are breeding a horde of scam artists preying on eager sellers. Nearly 8 million people ? about 7% of U.S. households ? own a time share, a vacation property owned by many people who take turns using it. The slow economic recovery, and the fact that the first generation to buy time shares 35 years ago has been retiring, means many people are looking to sell.
April 21, 1996 |
One piece of unsolicited mail, several credit-card billings, a few pleasant beach days and several uncomfortable hours at sea have arisen so far in my 15-month relationship with the vacation certificate industry. But like many troubled relationships, ours ultimately comes down to a few waves of anxiety and a couple of decisive moments. The most crucial of those moments cropped up on a blustery January afternoon here on Florida's southeast coast.
March 24, 1992 |
Ralph Mann, founder of Glen Ivy Resorts, has resigned as president and chief executive of the controversial time-share firm's parent, Glen Ivy Holdings Inc. Mann's resignation last week came just days before the company--already operating under a Dec. 30 court injunction--was slapped with a new state order barring it from selling time-share interests at its Lake Tahoe resort until it clears about $1 million in notes and mortgages on the properties. On Jan.