February 24, 2021
Karl Hillyard in Nova Scotia, a Vacation Village owner denied a responsible exit
I read Dennis DiTinno’s article about the detrimental effect of poor planning by timeshare developers. In his article Mr. DiTinno talked about how, if timeshare resorts would plan ahead, they could allow voluntary surrenders in a structured inventory recycle program. New and younger people could purchase timeshares turned in by aging owners seeking release. Unfortunately, common sense seems lacking in timeshare.
“Today, we are happy to have reached agreement on a resolution with the state of California and to have built one of the strongest and most transparent sales compliance programs in the timeshare industry. It’s important to note that no court has found that Welk Resorts violated the law, nor has the company admitted any wrongdoing.” Welk Resorts spokesperson June 3, 2020
By a Millennial Wyndham Buyer
March 4, 2020
Our family is timeshare trapped! At ages 31 and 38, we purchased a Wyndham timeshare promised the ability to rent our points to offset the cost of our loan and maintenance fees. We were in the process of looking for a house at the time, still living with my parents. In no way would we have agreed to a liability of more than $20,000, and on-going maintenance fees, knowing we needed to come up with a down payment for a house.
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