Original Message:
Wyndham's new "Ovation" program offers exit solutions for their owners... interested? (by Lance C.):
jerryl138 wrote:How can I get out of my timeshare with Wyndham without spending a lot of money. I s there a guarantee?
If you look at the top of this thread, you will see that Wyndham are offering deed backs for a limited number of owners, likely meaning that the unit has to have some resale value that Wyndham can turn around and sell it to another person. Also, the current owner has to be paid up on mortgage and maintenance fees.
If Wyndham refuse your request, there are other avenues you can try. Try listing your unit for sale or give away here on RedWeek. You can also try reputable timeshare websites such as E-Bay, Craigslist, My Resort Network, or TImeshare Users Group (aka "TUG"; tugbbs.com) which has a Bargain Deals section where you can list for free that you want to give away your unit. Keep in mind that some of these avenues might require that you pay the closing costs (about $200) and possible the next maintenance fee.
The one thing I would caution you about is looking to some of these so-called rescue/relief outfits that claim they can "cancel" your timeshare. There are also law firms and charities that I would be leery of too. They charge you money upfront and may or may not do what you hoped. With a little time and effort, you can get rid of it using the method I mentioned above.