Original Message:
An ovation for "Ovation"... (by KC):
eldiog wrote:If this Ovation program is true, Wyndham is opening a new era for the Timeshare Business as people will fill confident that when the time comes they have an option. Right now, the word Timeshare is a terrible bad word that people is afraid to talk about. Next week I am contacting the Ovation Program to see how true this is and if there is a real option for this nightmare.
Wyndham's "Ovation" program has been in place since December, 2015; it is not new and yes, it is very "true". All fees must be fully paid up to date, with no unpaid loan balance, in order to be considered. Even then, Wyndham does not just accept everything into Ovation; they pick and choose. You need to have a conversation directly with Wyndham; the contact phone number is easily found by reading through this thread.
Diamond and Westgate have now also opened similar "deedback" doors. Wyndham charges nothing for deedbacks, but Westgate charges $950 and Diamond charges $250 to process deedbacks on paid up ownerships with no unpaid loan balances in their respective systems. Loan "forgiveness" is not a part of any deedback program anywhere.
Don't wait too long. Wyndham can terminate the "Ovation" program any time they might choose to do so, with no requirement to provide anyone with advance notice. Act now. If you snooze, you may lose. Good luck.