- Report: #1268600
Complaint Review: Marriott Vacation Club - Nationwide
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Marriott Vacation Club
Nationwide, USA
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Marriott Vacation Club Marriott, a worldwide 5-star hotel, TIme Share, Vacation Club Las Vegas, Orlando Florida, Nationwide
A professional Sales Executive will use free lunch vuchers as incentive to attend a "meeting" which is actually a sales presentation of either a Marriott Time Share or if you already have one, an "Additional Benefit" to your Time Share. This additional benefit is aimed at saving unused Time Share which, if an owner cannot use in two years, is forfieted. The idea is for Marriott to induce you to buy this added benefit which, in my case, almost three years ago, cost $19,000 payable as a ten-year mortgage payable at $1900 a year or a little less than $160.00 a month.
Since my wife and I, having owned and titled two units of Marriott Time Share since 2004 could not always afford a yearly vacation, we attended the meeting at 10 in the morning. Mr. Rod Hill, a Marriott Executive Salesman, presented his talk starting at 10 in the morining and ended almost exactly at 12 noon.
Not having had breakfast, we were more than eager to use our free lunch vouchers.
And the scheme happened...Mr. Hill demanded a 10% down payment or $1900 cash. We used our Bank of America Debit Card for this purpose.
Mr. Hill was now fully aware we needed lunch more than anything else so that instead of performing the usual Real Estate-related Closing where State and Federal Law require FULL DISCLOSURE of all monies involved at Closing, Mr. Hill produced the many Contract Pages and simply POINTED at the spaces where we were required to sign or initial...We did this Closing Procedure within what I estimated to be not more than 5 minutes.
Comes New New Year and I review our Holiday Expenses. I noticed that aside from the $1900.00 we paid at Closing, Mr. Hill withdrew, without our authorization, an additional $860.00 using the same Bank of America debit card we used at Closing. We called Mr. Hill right away to cancel becuase had we been aware there was such an added fee he never mentioned at Closing, we would have simply walked away. Anyway, he suggested we write a Cancellation letter. When we followed up and inquired about our desire to cancel, he changed his mood. He said we missed the cancellation period of 10 days...by two days. We pleaded for him to reconsider since we were at the height of the busiest Holiday Season of the year where like most people, we were focused on gifts and merriment. His said he was not "obligated" for that matter.
Conclusion: Stay away from Time Shares. Owners are giving up Time Shares in droves for FREE to Carpet Baggers. Not worth it, even with such a High Class Hotel Corporation like Marriott which charges an annual fee of some $750.00 Maintenance Fee. If you realize, you can rent a first class room for less than this amount.
Its time for the SEC and Congress to file Class Action against Marriottt and other Time Share operators. Thank you.
