About Andreas Rossler Expertise I'm able to answer general questions on timeshares and specifically in regard to purchasing, renting or exchanging timeshares on the secondary or resale market and through the Internet. I have expert knowledge in sales, mechanics (how and why timeshares work), and timeshare exchanges.
I am also well versed in timeshare financing and may be able to guide you to better financing or refinancing options for your timeshare purchase.
If you ask questions of a legal nature, or those requiring tax advice - I may not be able to answer fully.
Experience I have 10 years of industry experience in sales, management and processing. I'm currently CEO of Timeshare Village, a resource for timeshare owners and industry professionals.
Organizations Mensa - Life Member
Publications I have been interviewed by Channel 7 News in the Bay Area of California regarding my opinions on Worldmark, the Club timeshares as developed by Trendwest-Wyndham Resorts.
Education/Credentials MBA - Master's in Business Administration
BS - Mathematics
BA - Economics
California Real Estate Broker
Question my friend and i just signed the papers for a timeshare in las vegas. we have arrived home and decided we made a mistake. we signed the contract on 9/19 and today is the 9/21. we are very sure we want to cancel. we signed for the resort that is to be finished in 2011. we just want our down payment (patial was paid on 9/19 and the balance will be drafted out of my account on 10/20. we just want to walk away.
Answer You shouldn't have a problem, but act quickly. On the front cover of the Public Report or Disclosure Statement that you received when you purchased will be a form explaining exactly how to cancel. I would FAX the cancellation to the headquarters and sales office and then definitely send it via Certified Mail, Return Receipt Requested. I am not a lawyer, so verify everything for yourself - however, I think the law is pretty much as follows (yes, you will get all your money back):
“The purchaser of a timeshare may cancel, by written notice, the contract
of sale until midnight of the fifth calendar day after the date of execution
of the contract.”
“ The right of cancellation may not be waived. Any attempt by the
developer to obtain such a waiver results in a contract which is voidable
by the purchaser.”
“The notice of cancellation may be delivered personally to the developer
or sent by certified mail or telegraph to the business address of the
developer.”
“The developer shall, within 15 days after receipt of the notice of
cancellation, return all payments made by the purchaser.”
