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fantasy vacation villas
5 years ago I bought what I thought was an RV ownership/with Timeshare exhange privileges in Niagra falls, Ontario at Fantasy Vacation Villas. We paid about $6000. We were showed a presentation about RCI and told we could use RCI, Interval and DAE and a number of other exchange companies. Our plan was to use the RV (which slept 6) most years and explore places near home with my husband and 4 kids. Occasionally we wanted to use it to trade for a different type of vacation. We never intended to use the villa at Niagra falls since it is too far away from our home. The first vacation we used it for was great, we stayed in Florida. The next year when we went to book the RV, we were told the person that sold us our ownership had left the company and they had sold all the RV's and now we only had privileges at the Fantasy Villas in Niagra falls and trading privileges with a few exchange companies. We got them to rent a tent trailer for us since we had booked spots to camp already before knowing this. They paid us for a tent trailer rental which was covered the cost of our maintenace fee. (Not an RV which was what we paid for) We have exchanged it for two other places one in UTah and one in Fairmont BC. They were fine, but we could have rented a week at each resort for about the same price as our maintenance fee. I have also discovered that fantasy vacation villas does not trade through RCI or Interval any longer and I have extremely limited options as to where I can trade.
I want out!!! What can I do? We obviously made a mistake buying in, I don't want to hear that, I want suggestions on whether I can go after them in court.
Liana K.
Interesting question. Sorry for my delay in responding as I have been attending the ARDA Convention for the better part of this week.
The answer to your question really depends on what is in your paperwork. It sounds as if something is fishy at best, but it really all depends on what was included in your original paperwork as far as exchange and exchange affiliations are concerned.
It seems as if your home resort did not have a true affiliation with RCI or II. You may want to check directly with those companies to get the real story.
Have you checked out any of the smaller exchange companies such as DAE, Platinum or Trading Places? Also, I would check out the rental and exchange sections of RedWeek.com, as I doubt you are the only person in this unfortunate situation.
I do want to hear what your paperwork states and also what RCI/II have to say, so please keep me up to date. The more information you have, the more I and other people may be able to assist you and give you options.
Continued Success!
Lisa Ann S.