Certified exit / limited option = Are purchased resale CWA/CWS eligible?

[247gonefishin]

Was about to buy a resale CWS deed at an old Fairfield Sands Ocean Resort... and was told by CW it was not eligible for "certified exit" (among other things... thread below)

• Are purchased resales generally eligible or not?
• If so, how do we know resales are eligible before buying? (do we have to call CW prior to buying? https://tugbbs.com/forums/threads/certified-exit-limited-option.336093/)

Help w/ Club Wyndham Plus (CWP) Points Old Fairfield Resort?

Newbie here... Looking at buying resale points that states in the estoppel "Club Wyndham Plus" (not Access) deeded week 35 but no property (original owner was from Fairfield Sands Ocean Club Resort deeded week? possibly a Personal Interval Choice (PIC)?). Hope someone can help w a few advance...

tugbbs.com

 

[tschwa2]

If you aren't the owner, they likely won't talk to you about hypotheticals. If you have an account, they will tell you what does and does not qualify. It is an unpublished list and it can change. In general 90-95% do qualify. The ones that don't typically have the very high MF's or a current special assessment but that might drop off the list after the special assessment period. Associate resorts that aren't in active sales and wyndham either can't or doesn't want to add them to CWA will likely be on the list. The resorts on the list are ones Wyndham either has issues with the HOA that would make it difficult to add to CWA or ones they frankly don't need or want additional inventory for CWA or non CWA that are not in active sales. Sometimes there are specific HOA's within a larger resort and some HOA's qualify while others do not. I believe this is the case in Pagosa, CO. I don't think Wyndham is taking back anything from the Shell club whether it is converted into Wyndham or not.

 

[Timeshare Von]

As I have posted in the main thread (the sticky page) . . . I've been told repeatedly that resale ownership is not eligible for certified exit . . . only the original purchaser of the contract can benefit from this exit strategy.

 

[paxsarah]

As I have posted in the main thread (the sticky page) . . . I've been told repeatedly that resale ownership is not eligible for certified exit . . . only the original purchaser of the contract can benefit from this exit strategy.

This is absolutely incorrect. (Edit: I mean, I guess it’s correct that you were told that. But what you were told is incorrect.) While contracts coded as resale are not eligible for three free years of use under Limited Edition, whether Wyndham will simply take back a contract for free depends solely on whether it’s on the list of resorts/HOAs they’re currently taking. It does seem to be the case that older resorts tend to be among the handful that they’re not taking at any given time, but it doesn’t have anything to do with resale status. And I’ve given back older resort resale contracts (Pagosa, Flagstaff), so that’s not an across the board factor. The only way to know on a particular contract is to call.

 

[Timeshare Von]

This is absolutely incorrect. (Edit: I mean, I guess it’s correct that you were told that. But what you were told is incorrect.) While contracts coded as resale are not eligible for three free years of use under Limited Edition, whether Wyndham will simply take back a contract for free depends solely on whether it’s on the list of resorts/HOAs they’re currently taking. It does seem to be the case that older resorts tend to be among the handful that they’re not taking at any given time, but it doesn’t have anything to do with resale status. And I’ve given back older resort resale contracts (Pagosa, Flagstaff), so that’s not an across the board factor. The only way to know on a particular contract is to call.

Agreed on calling Wyndham . . . which I also stated on my post made earlier this morning on the other thread.

"If you haven't already, I'd suggest you call Wyndham directly to get firsthand information from them regarding what you own and your options via certified exit. The phone number I have for them is 866-434-9046."

 

[PeterS]

This is absolutely incorrect. (Edit: I mean, I guess it’s correct that you were told that. But what you were told is incorrect.) While contracts coded as resale are not eligible for three free years of use under Limited Edition, whether Wyndham will simply take back a contract for free depends solely on whether it’s on the list of resorts/HOAs they’re currently taking. It does seem to be the case that older resorts tend to be among the handful that they’re not taking at any given time, but it doesn’t have anything to do with resale status. And I’ve given back older resort resale contracts (Pagosa, Flagstaff), so that’s not an across the board factor. The only way to know on a particular contract is to call.

I gave back my two resale weeks to Wyndham and got the three years of use under Limited Edition... Can't tell why... Because I paid a token fee to convert them to points? Was it because I did it when the program was still new? Did they need inventory at my resort? I have no reason why they did... but if I didn't ask I would never have known. You can't be sure how your weeks are coded or what they qualify for or which resorts that are accepted.... it seems to change randomly...

If you are looking to buy something with a guaranteed exit policy for years from now... Certified Exit changes constantly... and who knows if the whole program will even be there years from now... Be careful buying anything based on the exit plan... nothing is guaranteed!!

 

[TUGBrian]

I have never seen wyndham reject an owner for certified exit based on the ownership being purchased on the resale market. they take these back all the time.

as mentioned that certainly could change, but its been around for quite some time and I would not consider that risk as a reason NOT to buy resale at the current time.

 

[bnoble]

Can't tell why... Because I paid a token fee to convert them to points?

Potentially, yes. If Wyndham believed you were the original owner of that week, the conversion is considered to be "VIP eligible".

 

[Timeshare Von]

I have never seen wyndham reject an owner for certified exit based on the ownership being purchased on the resale market. they take these back all the time.

as mentioned that certainly could change, but its been around for quite some time and I would not consider that risk as a reason NOT to buy resale at the current time.

I know in my situation, having acquired my 77k points contract from my sister . . . there was some question as to whether or not I could use the certified exit program. They had to discuss with "someone in management" to be sure I wasn't flagged as a resale purchaser. Since we're considered an immediate family transfer and not resale, was the determination made in my situation . . . and this was back in 2021 when I last called and discussed with them by phone.

 

[paxsarah]

I gave back my two resale weeks to Wyndham and got the three years of use under Limited Edition... Can't tell why... Because I paid a token fee to convert them to points? Was it because I did it when the program was still new? Did they need inventory at my resort? I have no reason why they did... but if I didn't ask I would never have known. You can't be sure how your weeks are coded or what they qualify for or which resorts that are accepted.... it seems to change randomly...

If you are looking to buy something with a guaranteed exit policy for years from now... Certified Exit changes constantly... and who knows if the whole program will even be there years from now... Be careful buying anything based on the exit plan... nothing is guaranteed!!

It is exactly your situation that's the reason I used the phrasing "contracts coded as resale are not eligible for three free years of use," thinking that would be enough to prevent you from contradicting me. Apparently not.

 

[PeterS]

It is exactly your situation that's the reason I used the phrasing "contracts coded as resale are not eligible for three free years of use," thinking that would be enough to prevent you from contradicting me. Apparently not.

Sorry if you felt I was contradicting you... I was trying to support your comment and emphasize your point... I was pointing out that you can't trust how your ownership is coded until you ask... Your comment is correct but some may not realize their resale may not be coded as a resale in the Wyndham system..

The original poster was trying to make a decision on whether to buy, based on whether the week qualified for Certified Exit...
My main point was that I would not buy anything based on that because what they accept seems to change by the minute and the program changes constantly.