Who owns Starpoint Resort Group?
Michael J. Muldoon
Its founder and principal, Michael J. Muldoon, has been an industry participant since 1983, an ARDA member since 1994, and ARDA Trustee for many years. STARPOINT RESORT GROUP, INC.
Is Sapphire timeshare cancellation legit?
Sapphire has 19 five star reviews on the Better Business Bureau with no complaints, and that describes Sapphire as a company that will get your timeshare contract canceled. One thing that did stand out is that Sapphire Timeshare Cancellation has been in business for only one year and has an “NR” as their BBB rating.
How do I get out of sapphire Resorts contract?
So, the best way out is to exchange your Sapphire Resorts timeshare membership for either a full refund if you are still within the agreed time frames (see above for rescission period information) or just sell your timeshare to another buyer.
How does timeshare cancellation work?
How Does Timeshare Cancellation Work? Following your initial purchase, you’ll enter a brief cancellation, or “cooling off” period. This window of time is legally mandated in most states. A formal notice of cancellation must be declared by you to the seller within that period in order to get your full deposit back.
Is it hard to cancel a timeshare?
The average timeshare rescission rate is 15%. The average rate of people who buy a timeshare after a sales presentation is also 15%. Therefore, while it’s not incredibly common to cancel a timeshare in this way, the chance of you buying a timeshare is as high as the chance of you canceling within the rescission period.
How many days do you have to cancel a timeshare contract?
So, if you wish to cancel your resort timeshare purchase, you generally have a period of 5-15 days after purchase wherein you may legally rescind the contract. After the rescission period has expired, you can no longer cancel your purchase without penalty.
Can you just give back your timeshare?
Give it back: Contact the developer or resort management. Tell them you want to quit-deed the property back to them. In other words, you are willing to give away your timeshare in exchange for the future savings of not having to pay your membership.
What is the best way to cancel a timeshare?
The Do’s: How to Write a Timeshare Cancellation Letter
- Get your cancellation request in writing.
- Include a clear request to cancel your timeshare.
- List all the important details.
- Set expectations.
- Send all correspondence by certified mail.
- Don’t get emotional or long-winded.
- Don’t use passive or hesitant language.
Can you refuse to inherit a timeshare?
If you are either left a timeshare in a will or are the legal heir of someone who owned a timeshare and died without a will, you may choose to refuse to accept your inheritance. In legal terms, this is generally called “renunciation of property.”