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Original Message:

Wyndham Buy back Program (by Lance C.):

jamesb1029 What changed in 2007? Why did things as you say, change drastically? Are you recommending not buying from a developer? jamesb1029

After 2007 is when the economy tanked. People were losing jobs and having incomes slashed. Therefore, people had to start paring expenses and shedding luxuries.

Among the first things to go were timeshares with their ever-increasing maintenance fees. On top of that, you had to travel (more needless expense) to get to your timeshare. Hence, owners were wanting to dump their timeshares. That created a huge glut on the market; far more supply than demand. So, some owners were offering to give their timeshares away just to shed the maintenance fees. Still, even at free, there still seemed to be more "sellers" than buyers. All that adds up to a weak timeshare market.

And never buy anything from the developer. What they sell is always overpriced.