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Palace Elite (by R P.):

bawnah wrote:

We have purchased a timeshare with Palace Elite for about $16000 in August 2013 for 75 weeks, and paid about $5000 deposit and now paying it off monthly. I just realized that this is a scam because if need to book using RCI we have too bank a week and then pay about $450 dollars extra for 1 week for a 1 bedroom unit. Why should we pay this extra cost after purchasing this timeshare at this high price. They have given us 1 week free at the moon palace at this price, but this is not worth the amount we paid to purchase this timeshare. Please advice us if there is anyway to cancel this and receive a refund on our payments.

Unfortunately you did your internet research much too late to rescind. If you had performed your research in 2013 within your rescission period you would have read on many timeshare forum sites to not buy from a developer but to buy on the resale market for pennies on the dollar.