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Recission... Buy From Resell Market

Discussion in 'Wyndham Vacation Resorts' started by OC_Noob, Aug 29, 2019.

  1. OC_Noob

    OC_Noob Guest

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    Hello All,
    (I've discovered the proper sub-folder for Worldmark, sorry for posting in wrong place:()

    A story I'm sure that has been told hundreds of times before (question at the end):

    Young couple gets enticed by a free vacation and dinner credits to view a SHORT presentation. During this not short presentation, seemingly friendly 'consultants' make it seem like an AMAZING idea to stop throwing away money at hotels and buy into something that you will have perpetual ownership!!! The young couple reasons that the monthly charges would fit within the budget and decide to jump in, yay!

    Of course, during the long presentation, voices of family members warnings of time share nightmares past were ignored. Once the couple got home, the voices got louder and so the couple went to the internet, and lo and behold, the same super modest package they bought for $16K can be had for $2K or less. The Horror! Fortunately, the couple are well within their recession period, so a happy ending is forthcoming!

    Now for the actual question: Once we rescind the contract, will there be any problems with buying on the resell market and transferring to us? Of course one of the sales tactics to create urgency was saying that "this is a one time only offer, once you say 'no' today, you can only buy the 40 year lease option, not premier."

    This is regarding Worldmark by Wyndham.

    TIA - Steve
     
    Last edited: Aug 29, 2019
    capital city likes this.
  2. cbyrne1174

    cbyrne1174 TUG Member

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    Location:
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    WorldMark credits are worth $0.20 per credit. You're in the wrong section though. WorldMark and Club Wyndham are 2 different systems. If you do buy Worldmark, it's best to own a perfect multiple of 10,000 credits so you get the maximum number of free housekeeping. You can still buy resale. Just make sure you decide beforehand which club you want to join or if you want to be in both.
     
    OC_Noob likes this.
  3. geerlijd

    geerlijd TUG Member

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    Location:
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    WorldMark
    Wyndham Bali Hai
    Wyndham Canterbury
    Wynhdam South Shore
    Don't worry about the 40 yr lease, I am not aware of anyone that has actually seen one of these contracts.

    I have bought several resale WorldMark, all were premier.

    Sent from my moto x4 using Tapatalk
     
    OC_Noob likes this.
  4. OC_Noob

    OC_Noob Guest

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    Thanks for the reply, I just found the right sub-forum and the answer to my question. Good times!
     
    Grammarhero likes this.

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