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Original Message:
NOT AT ALL a particularly good deal in today's market... (by KC):
jamesm913 wrote:On any given day (including today) in the "Bargain Deals" section on Timeshare Users Group, you can find Wyndham points packages of 154k--182k points being given away FOR FREE. I personally gave away a 182k ownership for FREE there a few months ago (my maintenance fees were right around $40 per month; 25% less in monthly fees for 30% more points than your "deal", by my math). I had only a few interested people, even when offering it FOR FREE.Newbie to Wyndham System I am in the process of purchasing 126,000 pts (UDI) mfee $54.69 at Wyn Old Town Alexandria. The owner is an attorney and will do the closing for a discount. Is $800 a good price?
A 126k package may also frankly not be enough points to get you a full week in many (maybe even most --- I'm not really certain) Wyndham locations.
Also be aware that Wyndham now charges (beginning in May, 2011) $299 to process any and all ownership changes. Is this unavoidable fee of nearly $300 INCLUDED in the $800 that you are apparently considering paying? Don't know? FIND OUT, because SOMEONE is definitely going to have to pay that money to Wyndham in order for Wyndham to process or acknowledge the ownership change at all!
Also, what exactly does this attorney handling closing "at a discount" actually mean in terms of specific cost figures? Know in advance that a professional INDEPENDENT timeshare closing company OF YOUR OWN CHOICE would handle EVERYTHING (estoppel letter, escrow, deed prep and recording, notification to Wyndham, etc.) for $300 (a fee which obviously will NOT include the new $299 Wyndham transfer fee previously mentioned, no matter WHO handles the closing). Finally, I would not be personally inclined let any seller (...attorney or not) handle the paperwork in a timeshare transaction in the first place, just as I would not be personally inclined to let a fox "take care of my chicken coop" for me. As a buyer, I ONLY use INDEPENDENT closing companies of MY OWN CHOICE. Perhaps your mileage (and / or your faith and trust in others) varies from mine...
In the end, it's YOUR decision to make, but I personally don't see much of ANYTHING presented within the limited info you've provided to indicate (or even suggest) that this is in ANY way a particularly "good deal" -- UNLESS this is a facility you specifically want to use and are therefore seeking to be able to book THERE with ARP priority. If that's NOT your plan or intention, then this is NOT a good deal at all. Just my personal opinion --- but you asked!