Original Message:
Returning a deeded timeshare back to the company/no debt (by R P.):
margem24 wrote:We have owned timeshares with Wyndham for over twenty years (began with Fairfield in the late 1980's). We have gotten our money's worth out of them for sure. We also own a 3 bedroom lock off with Legacy in Orlando. The two Wyndhams are deeded weeks but are in the point system. Legacy is just a fixed week, not converted into their point system.We always new the time would come when we didn't use them any longer and we knew going into it that we wouldn't be able to sell them very easily.
Do timeshare companies ever take back a deed that is owned free and clear...no debt whatsoever? If the companies don't take them back then we are willing to basically give them away to someone who will pay the closing and transfer fees.
There are a few resorts that take deed backs but they are few and far between. If you want to give your points/week away you can advertise them on Redweek's Bargain Basement and Tug's Bargain basement.