There aren’t many bigger names in the timeshare industry than Wyndham, but as many owners discover, getting out of a Wyndham timeshare can be complicated.
In this guide, we’ll walk you through the different ways to get out of a Wyndham timeshare, including working with Wyndham directly, exploring resale options, and seeking professional assistance.
Can You Cancel A Wyndham Timeshare
If you recently purchased a Wyndham timeshare, you may still be within the rescission period, a legally mandated window allowing you to cancel your contract with no penalties. The length of this period depends on your state’s laws but typically ranges from 3 to 15 days.
If you are within the rescission period, review your contract for specific rescission instructions. In most cases, you will need to send a written cancellation request via certified mail. Follow up on it to ensure your request is processed correctly.
Once the rescission period has passed, canceling a timeshare becomes more challenging, but there are still ways to exit.
Wyndham’s Official Exit Program
Wyndham offers its own exit program, known as Certified Exit – Backed by Wyndham. This program is designed for owners who meet specific eligibility requirements and wish to exit their timeshare safely.
To explore this option, speak with a Wyndham representative about your specific timeshare. They will help you determine if you qualify for their exit program.
Can You Sell or Rent Your Wyndham Timeshare?
If you’re unable to cancel your timeshare directly through Wyndham, you might consider selling or renting it. However, the resale market for timeshares is highly competitive, and many timeshares sell for far less than their original purchase price.
Timeshare Exit Companies: Are They Legitimate?
If you’re struggling to exit your timeshare on your own, you may come across timeshare exit companies that promise a quick and easy exit. While some are legitimate, many are scams that charge hefty upfront fees without delivering results.
Always evaluate an exit company and avoid those who demand upfront costs. Look for a company with a proven track record, check for verified customer reviews and BBB ratings, and consult with a professional before making any financial commitments.
Check out our article on the best companies to help you sell your timeshare here.
What Happens If You Stop Paying For A Wyndham Timeshare?
Some owners consider stopping payments on their timeshare as a last resort, but this can have serious consequences, from damaging your credit score to debt collection efforts or legal action from Wyndham. Before taking this route, speak with a professional to understand all of your options.
The Best Way To Get Out Of A Wyndham Timeshare
The safest way to exit a Wyndham timeshare is through official exit programs, selling, or working with a reputable timeshare exit company such as Timeshare Specialists. Whether you’re facing high maintenance fees, changes in lifestyle, or simply no longer using your timeshare, we can help guide you to get out of your Wyndham timeshare safely and legally.
Give us a call to discuss your options, or check out our timeshare exit services here.