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[2017] Help!! Just bought a Wyndham timeshare on Thursday!

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My husband and I just bought a Wyndham timeshare on Thursday from bonnet creek and are not sure if we need to cancel or not , we just found this forum yesterday . And now I think I need to cancel and buy resale but we know nothing about any of this. We bought 84,000 points for $17,198.70. We got 84,000 bonus points for only 2 years.
 

nicemann

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My husband and I just bought a Wyndham timeshare on Thursday from bonnet creek and are not sure if we need to cancel or not , we just found this forum yesterday . And now I think I need to cancel and buy resale but we know nothing about any of this. We bought 84,000 points for $17,198.70. We got 84,000 bonus points for only 2 years.
Let me be the first to say, rescind the deal while you still can. Glad you came here within time. Research Wyndham. With 84k in points you won't be able to do a lot. If after you do your research and still want to purchase you can find a lot more points here on TUB, eBay, etc and save at least $15k.

Let's do the math, you paid $200 per 1,000 in points. You can pay $5 per 1,000 in points or even on larger contracts less.
 
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My husband and I just bought a Wyndham timeshare on Thursday from bonnet creek and are not sure if we need to cancel or not , we just found this forum yesterday . And now I think I need to cancel and buy resale but we know nothing about any of this. We bought 84,000 points for $17,198.70. We got 84,000 bonus points for only 2 years.
Rescind as fast as you can....84000 points won't get you much vacation.
 

vacationhopeful

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Cancel ... DON'T think ... you only have a VERY SMALL window which will be closed in a "SHORT" (days) period.

If you decide to buy from Wyndham directly ... you will know more to get a BETTER deal or the RIGHT ownership for yourself. BONUS points are very common ... like every first time buyer gets. (WHY? so you go to their resorts and you will BUY MORE (developer) points ... as you are still in the "love the kool aid" mode.
 

spackler

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If you're "not sure", you need to rescind immediately. Study this forum for awhile, then make a rational decision on buying retail or resale. Or not become an owner at all.

$17k for 84,000 points is crazy expensive for what you get. You can buy that on eBay for less than 5% of that.
 
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Thank you so much . I'm writing the letter right now to them. We paid in full with a credit card so I'm nervous that they won't refund us but the contract says that we have 10 days to cancel. So I'm going to the post office before they close today, to send the certified letter. We live in ga and bought will we were in Orlando this week
 

Karen G

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Once owned these: FirstFairway@Walden X 2; Lawai Beach; ManhattanClub; PuebloBonitoRose; 4 South Africa--now timeshare-free
Congratulations on finding TUG in time! You are making a very wise decision to rescind now while you still can. Stick around TUG--it's a great place to learn everything there is to know about timesharing plus a lot of other very interesting stuff!
 
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Thank u !! I think we did . My husband is on the way to the post office with the letter right now. I'm so glad we found this site before it was too late . I can't thank u all enough. We really want a timeshare so we're going to buy a resale one. On here or eBay. I'm a little nervous that they r going to try and keep my money since we paid in full.
 

vacationtime1

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If you rescind properly, you will get your deposit back. Don't worry.

But double check your rescission letter; if you followed the format in the advice article, you are fine.

If you still like the idea of timesharing, take your time, research (for a few months, really), and then buy resale.
 
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Here is what we just sent, I wrote this before I read the cancel thread. Do you think this is ok? If not I will send out another letter.

From: & Jennifer Gazaway February 25, 2017
Wyndham Vacation Resorts, Inc.., Attention:Accounting Servicing Operations, Rescission Department

To whom it may concern, This letter is in regards to timeshare for and Jennifer Gazaway, We are formally writing to notify Wyndham Vacation Resorts, Inc. that we would like to rescind our contract for purchase of timeshare points that was made on Thursday, February 23 2017. We have included a copy of the closing disclosure & Receipt for Timeshare documents along with this letter. We would like for our credit card to be refunded in full for this purchase as we are still in our 10 day period. No further contact to us is requested. Please refund our credit card account upon receipt of this letter, we have already notified the credit card company as well. If you need any further assistance or information from us, you can reach at or Jennifer at Please only use these phone numbers for cancellation or refund purposes only. Please no more soliciting.
Thank you,
& Jennifer Gazaway
 
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If you rescind properly, you will get your deposit back. Don't worry.

But double check your rescission letter; if you followed the format in the advice article, you are fine.

If you still like the idea of timesharing, take your time, research (for a few months, really), and then buy resale.
Thanks, I think my letter is ok. I didn't see the thread till after my husband went to the post office because as soon as I seen everyone saying cancel, I cancelled right away. I will write another one if I need to.
 
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Thanks, I think my letter is ok. I didn't see the thread till after my husband went to the post office because as soon as I seen everyone saying cancel, I cancelled right away. I will write another one if I need to.
From: & Jennifer Gazaway February 25, 2017
Wyndham Vacation Resorts, Inc.., Attention:Accounting Servicing Operations, Rescission Department

To whom it may concern, This letter is in regards to timeshare for and Jennifer Gazaway, We are formally writing to notify Wyndham Vacation Resorts, Inc. that we would like to rescind our contract for purchase of timeshare points that was made on Thursday, February 23 2017. We have included a copy of the closing disclosure & Receipt for Timeshare documents along with this letter. We would like for our credit card to be refunded in full for this purchase as we are still in our 10 day period. No further contact to us is requested. Please refund our credit card account upon receipt of this letter, we have already notified the credit card company as well. If you need any further assistance or information from us, you can reach at or Jennifer at . Please only use these phone numbers for cancellation or refund purposes only. Please no more soliciting.
Thank you,
& Jennifer Gazaway
 

Braindead

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There should be a rescission letter and envelope in your packet of paperwork. If you and your husband are listed both of you have to sign. If that's the case you will have to send a second letter with both signatures.
 

frankf3

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Joining the rescind chorus, although it seems the initial responses were already enough to convince you, good decision!

Wyndham may try to contact you to get you to change your mind. Don't.

Wyndham resorts are great, but either buy resale, or if you really want to buy direct from Wyndham, do more research. Worst case you'd get a better deal. Best case, you'll buy resale (as we did) and get a multiple of the points for a small fraction of the cost.
 

LannyPC

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No further contact to us is requested. Please refund our credit card account upon receipt of this letter, we have already notified the credit card company as well. If you need any further assistance or information from us, you can reach at or Jennifer at . Please only use these phone numbers for cancellation or refund purposes only. Please no more soliciting.
Keep in mind that they might ignore such a request to avoid further contact. It is possible that someone will contact you to try to get you to reverse your decision to rescind. He might make the offer more attractive (eg. "Those 84,000 bonus points will be good for three years instead of two, etc.)." Do not answer any suspicious calls while your rescission request is still in progress. They have no need to contact you about your rescission. Once they receive the request within the time frame, they are legally obligated to comply.
 

BellaWyn

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From: & Jennifer Gazaway February 25, 2017
Wyndham Vacation Resorts, Inc.., Attention:Accounting Servicing Operations, Rescission Department

To whom it may concern, This letter is in regards to timeshare for and Jennifer Gazaway, We are formally writing to notify Wyndham Vacation Resorts, Inc. that we would like to rescind our contract for purchase of timeshare points that was made on Thursday, February 23 2017. We have included a copy of the closing disclosure & Receipt for Timeshare documents along with this letter. We would like for our credit card to be refunded in full for this purchase as we are still in our 10 day period. No further contact to us is requested. Please refund our credit card account upon receipt of this letter, we have already notified the credit card company as well. If you need any further assistance or information from us, you can reach at or Jennifer at . Please only use these phone numbers for cancellation or refund purposes only. Please no more soliciting.
Thank you,
& Jennifer Gazaway
If you haven't already posted it, mail it CERTIFIED so you can prove the delivery. it's worth the extra $$ to get your payment refunded. Also, for sure use the recision letters found in your packet like Braindead and Linda suggested.

If everything is done "to the letter" using their rescind documentation, then legally they MUST and WILL refund you. It won't be immediate however. Plan on 3-6 weeks to see a reversal on your CC.

Good job finding TUG and welcome! :hi:

Lots of information here about TSs and Wyndham.
 
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There should be a rescission letter and envelope in your packet of paperwork. If you and your husband are listed both of you have to sign. If that's the case you will have to send a second letter with both signatures.
I did have both our names, he had me take off his name, address and phone numbers from my post because it was public. Thank u for your help.
 
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Thank you. We did mail it cert
If you haven't already posted it, mail it CERTIFIED so you can prove the delivery. it's worth the extra $$ to get your payment refunded. Also, for sure use the recision letters found in your packet like Braindead and Linda suggested.

If everything is done "to the letter" using their rescind documentation, then legally they MUST and WILL refund you. It won't be immediate however. Plan on 3-6 weeks to see a reversal on your CC.

Good job finding TUG and welcome! :hi:

Lots of information here about TSs and Wyndham.
Thank u, we sent it certified, we live in the country so we just called the post office and are changing the letter out to match the one posted here. I'm so glad I found this site. It just saved me $17k
 
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Keep in mind that they might ignore such a request to avoid further contact. It is possible that someone will contact you to try to get you to reverse your decision to rescind. He might make the offer more attractive (eg. "Those 84,000 bonus points will be good for three years instead of two, etc.)." Do not answer any suspicious calls while your rescission request is still in progress. They have no need to contact you about your rescission. Once they receive the request within the time frame, they are legally obligated to comply.
Thank you. I will not answer any in known calls till this is done. We weren't going to put our numbers on there but then we figured they had them anyway so if they're going to call they'll call. Our mind is made up we are not buying it, we didn't have the $17,000 anyways we were putting it on a credit card . I'm so glad I found this site thank you so much
 
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Joining the rescind chorus, although it seems the initial responses were already enough to convince you, good decision!

Wyndham may try to contact you to get you to change your mind. Don't.

Wyndham resorts are great, but either buy resale, or if you really want to buy direct from Wyndham, do more research. Worst case you'd get a better deal. Best case, you'll buy resale (as we did) and get a multiple of the points for a small fraction of the cost.
Thank you!! Thank you!! We do plan to buy resale now!!! So glad I found this site before it was too late
 

BellaWyn

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Thank you. I will not answer any in known calls till this is done. We weren't going to put our numbers on there but then we figured they had them anyway so if they're going to call they'll call. Our mind is made up we are not buying it, we didn't have the $17,000 anyways we were putting it on a credit card . I'm so glad I found this site thank you so much
OK, good job getting it all handled and saving $$!! Now....... BREATHE... pat yourself on the back and go enjoy your vacation.

You just experienced (and escaped to tell about it) a normal type of TS "Vacation Crack" sales event. It happens to some of the most experienced TS owners so you are not alone.

Come back and visit us here in TUG when you get home and are ready to spend some time researching and understanding ownership. There is a learning curve. TUG TS "school" is the best there is -- start with the stickies, take it in small bites. Information overwhelm is a thing! The struggle is REAL but to many, so worth it!
 

nicemann

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OK, good job getting it all handled and saving $$!! Now....... BREATHE... pat yourself on the back and go enjoy your vacation.

You just experienced (and escaped to tell about it) a normal type of TS "Vacation Crack" sales event. It happens to some of the most experienced TS owners so you are not alone.

Come back and visit us here in TUG when you get home and are ready to spend some time researching and understanding ownership. There is a learning curve. TUG TS "school" is the best there is -- start with the stickies, take it in small bites. Information overwhelm is a thing! The struggle is REAL but to many, so worth it!
TUG School can get really addicting also but it nice when you go to your next presentation and you know more then what the sales person in front of you knows.
 
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