Do you know the sales price?
"Sure. His sales price is $27,600."
And if Bertaccini wants to pull out, Hughes says Universal Timeshare won't stop him.
"We did tell him that if he does not want us after this time, that he does not want us to conclude with the sale of his property," says Hughes, "that we will only be able to refund the amount that is left on his fee, the fee that has not been used. And that amount right now is $600."
The remaining $1,000, he says, covers the "legwork," the paperwork and the presentation of the property.
"That's how we operate, sir," says Hughes.
Wyndham, meanwhile, is being accused of deceptive practices by an Largo, Fla., lawyer representing 101 people who bought partial timeshares after being promised that if their investment didn't increase in value the company would buy it back. Now they're stuck with timeshares with no buyers and escalating annual maintenance fees that, for some, have reached $4,000.
It's a good time to get out.
"At the end of the month," says Hughes, "we should be able to tell exactly when it will be a done deal."
That's the date, May 31, Bertaccini has been waiting for.
Either Bertaccini will sell his timeshare or Universal Timeshare will be dealing with another formal complaint to the attorney general's office. TBL will follow this one until the end.