Original Message:
Re: Wyndham's new "Ovation" program offers exit solutions for their owners... interested? (by Stu M.):
katharinej3 wrote:I am thinking to hire Resort Release or an attorney to walk me through the deedback or try and transfer this to someone.Is it worth it to go this route? Anyone have any thoughts?
Many of us in these pages have advised against paying anyone up front to "get rid" of your timeshare for you. There are too many stories of people who have plunked down $5000 and gotten nothing for it. First question: Have you called Wyndham, told them your situation, and tried to work some sort of deal? That at minimum should be done. Second question: Have you looked for a property attorney in the state -- and preferably the county -- where your Wyndham points are "anchored?" Many in these pages agree that that's the only route to take if you want legal help; you do not want to pay an attorney in another state to learn the peculiarities of timeshare law and regs in the state where your Wyndham points are "anchored." To be clear: If your points are "anchored" at a Wyndham property in Virginia and you live in Tennessee, find an attorney in Virginia with an office in the same county as your timeshare. Third, depending on your age and need, or not, for credit, you might just send Wyndham a nice letter and a quit claim deed for your points and walk away. Wyndham points on the secondary market are worth about ONE PENNY each. Sometimes less. Check For Sale ads for Wyndham points in Redweek, MyResortNetwork, TimeSharing Today, T.U.G., and eBay. Have a stiff adult beverage handy... ;-)