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Re: Re: Re: Wyndham's new "Ovation" program offers exit solutions for their owners... interested?

Without getting into an extended discussion, there are many owners who purchased timeshares when they were younger. What happens is one of the married couples passes away and now the widow or widower is left with something they have no use for. Plus many older folks live on a fixed income, so those monthly fees can really cut into your living expenses. We used Wyndham to get out of our timeshare and actually made a few bucks on the deal. In general a timeshare is the worst investment a person could make because you actually have lost that amount you gave the company and truly it is not an investment. We got scammed, but it was our fault, but at the time there were extenuating circumstances that clouded my thinking. Giving a timeshare to a family member today is really fantasy thinking. Giving it to a charity when timeshares on the market are a dime a dozen available also is fantasy thinking. Bottom line if a person owns a Wyndham timeshare and you are current with maintenance fees and owe nothing on your purchase, call Wyndham's Ovation. You do not need a lawyer. They will give you actual real estate companies to chose from. You will pay nothing until it is bought back other than normal closing costs which any deed transfer will have. Wyndham tried for years to have people exchange their deed for various points, claiming their maintenance fees would increase substantially over the years and by transferring the deed to them we would guaranty our monthly fees would remain the same. Brother , did we get the hard sell on that phony deal. It was at one of their "member update" times which are nothing more than a hard sell for you to buy more points for getting a free breakfast and a Amex gift card. Whoopie.