Try searching for Wyndham timeshares for sale on or. Believe it or not, it’s very easy to get duped into a deal with an “exclusive” website. You could list your timeshare by yourself online, but make sure you select a platform that does not charge up-front fees. But in truth, most timeshares depreciate immediately once purchased, and Wyndham timeshares are no exception. Another challenge you’ll face in the resale market is finding a buyer! Now you may be thinking we’re just pointing out the obvious here. For starters, if you still have a loan or owe a balance, your timeshare will be listed as “encumbered.” This means by default your timeshare is restricted from being sold.
If you’re not careful, you could become another resale scam victim. If you missed your rescission period, then you’re probably asking yourself, “how do I sell my Wyndham timeshare?” Before you make any moves towards selling, we recommend you first contact your resort.Īttention Wyndham timeshare owners, the good news is Wyndham does offer exit programs of their own! Programs such as Wyndham Cares or Ovation have customer service teams who can guide you to safety!Įxploring the resale market can be very challenging to maneuver. Paying a couple of extra dollars could save you tons in cancellation fees! Click here to learn more about rescission. Knowing the length of your rescission period could save you thousands if you catch it in time! When it comes to rescinding your contract, most resorts require you to mail a written cancellation letter. We recommend purchasing expedited mail to avoid any issues. When you receive the public offering statement has been used as a benchmark for a rescission period to begin. We’ve seen other situations where other factors were considered. The rescission period may begin when you purchase your timeshare, but each case does vary. If you’re unsure of the length of your rescission period, our team recommends you look into your state rescission laws. For example, most states range from 3-14 days but can sometimes be 30, depending on your timeshare’s location. Each one decides the length of the rescission period.
In the US, rescission laws are different in each state. Think of the rescission period as a window of time when you can cancel Wyndham timeshare and still receive a full refund. The rescission law applies to all timeshare owners under the Truth in Lending Act (TILA). If you recently purchased a Wyndham timeshare, then using your right of rescission may be your best option.
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