Mayan Palace Timeshare Scam
Complaint
Sandra Bones
Country: United States
We purchased The Grand Mayan 3 months ago. The sales person convinced us it was a great investment in that Wyndam would guarantee the rental of our weeks for the next 5 years. Thus we would recoup our investment in 5 years. He also assured us that after 2 years the company would buy back our membership for 65% of the Fair Market Value. None of that was in writting & we signed all the contracts. Of course none of that was in the contract & none of it is true. We put $10.000 down on our credit card & owe them the balance. The only saving grace is that they gave us an adendum to say we only pay the maintenance fee when we reserve or space bank the week. They did a few other shady things. I have not yet called The Grand Mayan to start complaining. Is it worth it?
Comments
http://www.timesharescam.com/blog/51-mayan-palace-timeshare-scam/
We kindly ask you to get in touch with us so that we can address all issues you have with your membership in our Club. Resolution is best handled by speaking with each other. We would like to be given the chance to clarify your specific concerns.
It is significant to remark that as stated in the contract, the company makes no representations regarding the market for vacation ownership rentals, nor recommends buying this product for rentals or investment.
So forth, please contact us and allow us to resolve your issues. You can call us at 1-800-292-9446. We would very much like to know who you are to provide you personalized assistance.
We work very hard to provide the most spectacular vacations at the best resorts in Latin America. We encourage you to visit us again and make the most out of the benefits acquired with your membership.
We truly appreciate your time.
Sincerely,
Alín Ginés
Customer Support Representative.
The salesperson will claim that they can resell the client's previously owned timeshare for a large sum of money and the purchase of the Mayan timeshare will be covered by this resale.
Salesperson offers an equity exchange or trade-in program.
The salesperson says that they will rent out their Mayan weeks for a large profit and issue a check to the client within a few months so that they can pay off the timeshare with the rental income.
Many clients have complained that when they go to cancel within the 5 day period, they tell them that their deposit is non-refundable, and they are then persuaded into a downgraded membership.
http://www.timesharescam.com/timeshare-complaints-resorts-black-list/3-mayan-palace-timeshare-complaints/