Is this a reasonable offer?

[Larry M]

Re-reading through the lines, the OP lost his points by defaulting on the maintenance and program fees and was left with the underlying deeded unit.

Were you reading through the lines or between them? I will have you know that the maintenance fees were always paid on time. Furthermore, there were never points associated with this fixed week. It was purchased (by my late mother-in-law) as a fixed week in 1991.

Fairfield and Wyndham offered me the option to change it to points many times but I was not that foolish. I knew that I had a fixed week at a fixed spot. Exchanging for points is a gamble. They can raise the points for your favorite resort at any time, forcing you to buy more points for the same vacation. Furthermore, they can take your favorite resorts off the plan, leaving you with no desirable places to go. I knew that was a scam and rejected it.

I believe he is being offered his original points back for a nominal fee and will be on the hook for a higher maintenance fee than he is currently paying.

How the heck did you infer that? It's nonsense. No points. See the offer I posted just above.

This is a reaffirmation program not an exit strategy, if he moves forward he will own points with a higher maintenance fees.

Nonsense!

Larry M



If anyone else can explain how a breach by "Wyndham" would interfere with any owner's ability to exchange then my argument goes down the toilet[/QUOTE]

 

[bogey21]

Looks like you were shooting straight in your first post. Congrats, you get it off your hands. This is a no-brainer, pay the $150. Don't try to negotiate your way out of getting this gracious offer rescinded by Wyndham.

Basically what I said in Post #2. Why are we up to post #25 when the course of action is so clear?

George

 

[Larry M]

Well, you're right, but my MIL was told it didn't matter

This is a mistake people make when buying a timeshare with regards to purchasing one that takes a long time to get to.
u ar

Well, it's a mistake at this point in time. At the time (1991) my late mother-in-law bought the unit, she was assured that it didn't matter where she bought, because she could always exchange to another unit in the Fairfield chain for free. In point of fact, in 22 years, no one has ever seen the unit in Arkansas.

Larry M

 

[Larry M]

Right, it's the HOA

This was my interpretation, too.

I agree. It is possible that the HOA, not Wyndham, is offering to do a deedback.

Right, Judy, it's the HOA. After the fourth different Wyndham number I was transferred to, they gave me a seamless transfer to the HOA office so it wasn't immediately apparent to me that I wasn't talking to Wyndham.

When the offer arrived (reproduced above) it became clear to me that it was from the HOA.

However, it is more likely that Wyndham is trying to get you to buy points from them. You need to get something in writing to be sure what the offer is.

Nope.

Larry M

 

[Rent_Share]

Were you reading through the lines or between them? I will have you know that the maintenance fees were always paid on time. Furthermore, there were never points associated with this fixed week. It was purchased (by my late mother-in-law) as a fixed week in 1991.

Fairfield and Wyndham offered me the option to change it to points many times but I was not that foolish. I knew that I had a fixed week at a fixed spot. Exchanging for points is a gamble. They can raise the points for your favorite resort at any time, forcing you to buy more points for the same vacation. Furthermore, they can take your favorite resorts off the plan, leaving you with no desirable places to go. I knew that was a scam and rejected it.


How the heck did you infer that? It's nonsense. No points. See the offer I posted just above.


Nonsense!

Larry M



If anyone else can explain how a breach by "Wyndham" would interfere with any owner's ability to exchange then my argument goes down the toilet

In post 17 I responded FLUSH after having been corrected

 

[Larry M]

Well, a couple of hours and five different phone numbers and about eight different agents and I finally reached someone who was willing to do something to resolve the problem. There was an offer of points (I don't know how many as I don't wish to continue to do business with Wyndham) and an offer to take back the unit. I asked for the latter in writing. Wyndham will take the unit back if I agree to pay $150 in "attorney fees."

Should I do it? Negotiate? Try for yet another year to give it away on TUG?

What would you do?

Larry

Well, just to terminate this thread cleanly, I did accept the offer and sent the check for $150. I didn't hear anything back for several weeks, so I sent a postal letter inquiring. I received this in reply:

WYNDHAM VACATION RESORTS
...

Re: Contract xxxxxxxxx​

To Whom It May Concern:

We are pleased to advise you that the transfer of ownership for the above-referenced contract number is now complete.

We appreciate the opportunity to be of service.

Sincerely,
Wyndham Vacation Resorts, Inc.
Title Services

The lesson I learned is that if you genuinely believe that your resort has breached the contract you had with them, explain in detail why and ask the association to take back the unit.

The specific details in this case were:

• Unit was bought as a fixed week.
• Unit was bought with the understanding that it could be exchanged for others in the Fairfield (now Wyndham) chain--that it didn't matter where it was bought since it could always be exchanged.
• Wyndham has breached the agreement since it can no longer be exchanged leaving me with no value, since I have no interest in that location.
• Above supported by the fact that the location was never visited in 22 years of ownership.

Perhaps others will find this approach useful.

 

[theo]

Good deal and good riddance...

Well, just to terminate this thread cleanly, I did accept the offer and sent the check for $150. I didn't hear anything back for several weeks, so I sent a postal letter inquiring. I received this in reply:



The lesson I learned is that if you genuinely believe that your resort has breached the contract you had with them, explain in detail why and ask the association to take back the unit.

The specific details in this case were:

• Unit was bought as a fixed week.
• Unit was bought with the understanding that it could be exchanged for others in the Fairfield (now Wyndham) chain--that it didn't matter where it was bought since it could always be exchanged.
• Wyndham has breached the agreement since it can no longer be exchanged leaving me with no value, since I have no interest in that location.
• Above supported by the fact that the location was never visited in 22 years of ownership.

Perhaps others will find this approach useful.

Since Wyndham currently extorts charges a larcenous $299 "transfer fee" for ownership changes, you also basically rid yourself of this albatross for 50% less than it would have cost to give it away to someone else (assuming that you'd have to pay the transfer fee yourself to even find any such "taker" in the first place).

Well done! IMnsHO, it's always a happy day to bid Wyndham a (fond or otherwise) "farewell".

 

[bogey21]

How did we ever get from February to July with this? OP should have accepted deal immediately and been done with it.

George