Original Message:
Re: Wyndham's new "Ovation" program offers exit solutions for their owners... interested? (by Stu M.):
jerryl138 wrote:How do I go about getting out of these timeshares. Since my husband passed away I have no need for them. Patsy
First and foremost, be forewarned that Wyndham points have virtually no value on the secondary market so finding someone to take them off your hands may be very difficult. To prove that for yourself, act like you were trying to buy some on the secondary market -- that is, go shopping. Go to ebay (in the search field type Wyndham points, Wyndham timeshares, etc), read Redweek ads, and check For Sale listings on TUG (timeshare users group), tstoday.com (the web site for TimeSharing Today magazine), MyResortNetwork and perhaps others. See how many points are offered, how much people are asking for them, and learn what kinds of terms and conditions are being tried by sellers. Some will give their points away for, say, $1, and will also pay all closing costs. Some will do that and throw in a year's maintenance, too. Desperation rules the marketplace.
After doing all that, you'll almost certainly want to call Wyndham on the phone (the number is 855-312-9040) to tell them that you are a widow and that you would like to participate in their Ovation program. Have your account number handy. You have to know how many points you own, where they are located or "anchored" (e.g. Williamsburg, Nashville, etc.), and whether your loan, if you had one, is paid or not. Loans must be paid off. Maintenance payments must be current. And if you have any reservations using your points you'll be asked to cancel them. That's how it worked for us, anyway, about a year and a half ago.