Club Wyndham Exit

[Hulaboy]

Is anyone else trying to use their exit program? Every time I call the program shrinks. They started out with offering three years of points usage and no maintenance fees to now just a give back. What's next, are they going to charge me like the exit companies on the internet?

 

[TUGBrian]

Sticky - Give back your unwanted wyndham Timeshare - Wyndham Ovations / Wyndham Cares / Certified Exit

Updated this 2/2024 - here is the current link to the wyndham giveback program: https://clubwyndham.wyndhamdestinations.com/us/en/help/certified-exit Just wanted to put this in as a sticky after my experience today with deeding back 3 points intervals using the Ovation program, it was very...

tugbbs.com

 

[Timeshare Von]

Is anyone else trying to use their exit program? Every time I call the program shrinks. They started out with offering three years of points usage and no maintenance fees to now just a give back. What's next, are they going to charge me like the exit companies on the internet?

I'm in the process right now, and that is the deal I've been offered and taking advantage of.

 

[tschwa2]

You never know. HICV started out for free and now charges $1200 per contract and if you start the process later than September, you have to pay the next full year's MF's in addition to the fee. Wyndham has more inventory than they are able to sell and is trying to slow down the deed backs.

 

[HitchHiker71]

Is anyone else trying to use their exit program? Every time I call the program shrinks. They started out with offering three years of points usage and no maintenance fees to now just a give back. What's next, are they going to charge me like the exit companies on the internet?

Exit programs exist entirely at the discretion of the developers and are always subject to change - as the T&Cs clearly indicate. Many timeshare entities don't even have exit programs like CE - so we should be collectively glad that they even exist. There are inventory thresholds for various types of inventory that are in place - so it's not unusual for various contract types and/or resort locations to not be taking back certain contracts at certain points in time. Is your contract resale or retail? What type of contract? Weeks based or UDI? Deeded or trust?

 

[bnoble]

To put it even more clearly:

Exit programs do not exist for the benefit of owners. They exist for the benefit of the developer. That they happen to be helpful to owners is a side effect. If Wyndham needs more inventory for the sales machine, and what you own is particularly useful to them, they will be happy to take back your ownership and may even give you three years' use. If what you own is not useful, they will decline.

This isn't quite the whole story--the developer would prefer not to have to deal with Viking Ship exit scams, etc. because those are expensive to deal with. So, in that sense, this is for the benefit of owners who would otherwise be more likely to fall prey to such scams.

 

[kaljor]

It's a hard truth but as far as I know, the only legitimate and hassle-free way to exit a Wyndham ownership is through whatever program they currently offer. Costs and conditions may not make you happy, but being completely free may well be worth it. If you want out, don't overthink things, just get out as soon as you can. Just one person's advice.

 

[Timeshare Von]

It's a hard truth but as far as I know, the only legitimate and hassle-free way to exit a Wyndham ownership is through whatever program they currently offer. Costs and conditions may not make you happy, but being completely free may well be worth it. If you want out, don't overthink things, just get out as soon as you can. Just one person's advice.

*THIS*
I am very happy with the "deal" I was able to secure to exit my Wyndham ownership. It wasn't that I was dissatisfied or unhappy with my timeshare . . . but rather as I got older and my travel interests have changed . . . ownership in general just didn't fit into my overall retirement plan. I started divesting our timeshare ownership portfolio about 10 years ago . . . holding on to the last two of significant value until the past year.

Getting out when you can is critical, if you know you want to end your ownership interests. With my Wyndham Certified Exit being completed in the very near future, I will be timeshare ownership-less for the first time in over 40 years!

 

[Hulaboy]

Exit programs exist entirely at the discretion of the developers and are always subject to change - as the T&Cs clearly indicate. Many timeshare entities don't even have exit programs like CE - so we should be collectively glad that they even exist. There are inventory thresholds for various types of inventory that are in place - so it's not unusual for various contract types and/or resort locations to not be taking back certain contracts at certain points in time. Is your contract resale or retail? What type of contract? Weeks based or UDI? Deeded or trust?

A little more information. We have 5 contracts, 4 are SVC (Hawaii and Western US) and 1 Club Wyndham. These are all deeded and floating days. Currently we are going to wait until next year to see if their offer improves. I hope they don't get worse.

 

[vacation911]

I think Wyndham will realize sooner or later they can charge fees to get you to exit. I think getting out while its free is advisable. Those that were too late for limited edition, should act now (if they want out) before Wyndham decides to fall in line with Westgate, Capital, and Holiday Inn (horizons) among others. It may be hard to think of giving away for free as a good deal, but when compared to many other systems, it's not bad. You just pay some maintenance for points you can't use and you are done.

 

[ShawnH]

I think Wyndham will realize sooner or later they can charge fees to get you to exit. I think getting out while its free is advisable. Thise that were too late for limited edition, should act now before Wyndham decides to fall in line with Westgate, Capital, and Holiday Inn (horizons) among others. It may be hard to think of giving away for free as a good deal, but when compared to many other systems, it's not bad. You just pay some maintenance for points you cant use and you are done.

Yeah they can charge fees, but what are they going to do when people like me who decide they are done with the timeshare just stop paying for it? Honestly my exit strategy is exactly that if they don’t take it back for free when I’m done. I don’t even care if it’s a credit hit because likely by the time I’m ready to get out of it I’ll be done getting loans anyways.

This is one of the main issues I had when we bought club Wyndham, the ownership in perpetuity. At least DVC has a sunset date. So my wife and I agreed on what exit strategy we were going to do, obviously certified exit is plan A. If they say no certified exit we will simply stop paying the fees. The sales team always gets real jittery when I bring up both exit strategy and the amount of points I “need”. Better they get antsy than me.

 

[vacation911]

Yeah they can charge fees, but what are they going to do when people like me who decide they are done with the timeshare just stop paying for it? Honestly my exit strategy is exactly that if they don’t take it back for free when I’m done. I don’t even care if it’s a credit hit because likely by the time I’m ready to get out of it I’ll be done getting loans anyways.

This is one of the main issues I had when we bought club Wyndham, the ownership in perpetuity. At least DVC has a sunset date. So my wife and I agreed on what exit strategy we were going to do, obviously certified exit is plan A. If they say no certified exit we will simply stop paying the fees. The sales team always gets real jittery when I bring up both exit strategy and the amount of points I “need”. Better they get antsy than me.

I agree but I think what they will do is what they currently do. The HOA's and POA's will account for the loss. That will mean maintenance fee increases to cover the unpaid maintenance. I don't think the Wyndham corporation has much to lose if owners go into arrears. I just think that the more people put it off, the worse the deal will get.

 

[ShawnH]

I agree but I think what they will do is what they currently do. The HOA's and POA's will account for the loss. That will mean maintenance fee increases to cover the unpaid maintenance. I don't think the Wyndham corporation has much to lose if owners go into arrears. I just think that the more people put it off, the worse the deal will get.

I suppose that if the start to charge to do certified exit and only a handfull of people just stop paying the fees its not a big deal, its when a lot of people want out and stop paying the fees is when they have a problem and it will snowball exponentially from there as more and more people fed up with increasing maintainance fees also stop paying. I guess my point is that while they could charge for certified exit im not sure they should. Honestly I could care less if they take away the extra holidays use after certified exit. It might be a nice perk but when im ready to get out im ready to get out. I dont foresee that happening for 15-20 years unless the fees get so lopsided that its no longer a "value".

But for not its paid off and we are enjoying the rooms and trying new places. Not enjoying some resorts concierge desk and pushy sales people but its usually fairly minor. what really helps is when you simply take the room keys provided at check in and when they offer the bracelet I simply say its worth the hassle to use 2 room keys vs the hassle of you badgering me for an update for 30-45 minutes. Ill even pay for parking over letting them harass me for free parking.

But basically it boils down to when im ready to get out, im getting out. Makes no difference to me if they offer an exit program or not.

 

[Breenw]

We are wanting to contact the Exit program. What number do I call and any pointers would be appreciated. We just bought back in September 2024 and have not booked or used any points to date. We still owe $12k on the contract. We were lied to (like most people) about the program and I'm trying to do some research before I contact the Exit folks so I know what to say and do. We were not aware of the "in perpetuity" clause that this would pass to our kids and they would be responsible for fees when we are gone. They also told us that Wyndham locations allowed pets (we have a small senior dog with medical issues so we can't easily leave her with a pet sitter) and we've found out that isn't true. We've also been told that we should have been given a paper that is an Inflation Calculator Sheet estimating what maintenance fees would/could be going forward for the next 30 years. I don't know if that is true or not but I know we were not given that if it is something they are supposed to include. Thanks to anyone in advance that can provide info.

 

[bnoble]

We still owe $12k on the contract.

You will not be eligible for Exit. It must be paid off.

We were not aware of the "in perpetuity" clause that this would pass to our kids and they would be responsible for fees when we are gone.

This is not true. No one is forced to inherit a timeshare (or anything else.)

We've also been told that we should have been given a paper that is an Inflation Calculator Sheet estimating what maintenance fees would/could be going forward for the next 30 years.

I don’t believe this is required, but it may depend on the state in which you bought.

It sounds like you may have talked to a third-party “cancellation” company? If so, know that generally those outfits are frauds. They don’t do anything you couldn’t do yourself, and sometimes they just don’t do anything.

 

[Breenw]

You will not be eligible for Exit. It must be paid off.


This is not true. No one is forced to inherit a timeshare (or anything else.)


I don’t believe this is required, but it may depend on the state in which you bought.

It sounds like you may have talked to a third-party “cancellation” company? If so, know that generally those outfits are frauds. They don’t do anything you couldn’t do yourself, and sometimes they just don’t do anything.

Thank you for that information. We did attend one of those third party cancellation company's presentation but we did not sign up with them. They were the ones that told us about the In perpetuity clause. The rest I mentioned was from the salesman we were assigned when we attended a Wyndham presentation in Myrtle Beach, SC.

 

[Fido Chuckwagon]

We are wanting to contact the Exit program. What number do I call and any pointers would be appreciated. We just bought back in September 2024 and have not booked or used any points to date. We still owe $12k on the contract. We were lied to (like most people) about the program and I'm trying to do some research before I contact the Exit folks so I know what to say and do. We were not aware of the "in perpetuity" clause that this would pass to our kids and they would be responsible for fees when we are gone. They also told us that Wyndham locations allowed pets (we have a small senior dog with medical issues so we can't easily leave her with a pet sitter) and we've found out that isn't true. We've also been told that we should have been given a paper that is an Inflation Calculator Sheet estimating what maintenance fees would/could be going forward for the next 30 years. I don't know if that is true or not but I know we were not given that if it is something they are supposed to include. Thanks to anyone in advance that can provide info.

You can’t use Certified Exit if you owe money on a mortgage. That said, it’s not “in perpetuity.” Your children can disclaim the inheritance, nobody is forced to inherit a timeshare.

 

[Fido Chuckwagon]

Thank you for that information. We did attend one of those third party cancellation company's presentation but we did not sign up with them. They were the ones that told us about the In perpetuity clause. The rest I mentioned was from the salesman we were assigned when we attended a Wyndham presentation in Myrtle Beach, SC.

They lied to you to scare you into paying them money. They are all scams. (The Exit Companies). They take your money and do nothing. You’re not going to be able to exit Wyndham unless you pay it off or default on the loan. If you liked the resort, my advice is to learn how to use it. You will find many happy Wyndham owners in this forum.

 

[ShawnH]

You can’t use Certified Exit if you owe money on a mortgage. That said, it’s not “in perpetuity.” Your children can disclaim the inheritance, nobody is forced to inherit a timeshare.

Thats probably true, but the verbage in my contract does state it is an ownership in perpetuity. Im going to assume that that means there is no sunset clause and the only way "out of" the timeshare is to sell it (give it away), certified exit (give it back), stop paying, or die. They also really push the "your kids will inherit this" pretty hard. I knew right away id never want to saddle my kids with it.

Id rather take care of it at a time of my choosing instead of leave it up to them to figure out. And while im sure they can legally decline to inherit this that doesnt mean club wyndham wont try to bamboozle them into beleiving they have to assume ownership. Ive already told them if something happens to my wife and I to just give the thing back. Luckily ours is paid for so assuming there is an exit system still in place it shouldnt be an issue.

We are wanting to contact the Exit program. What number do I call and any pointers would be appreciated. We just bought back in September 2024 and have not booked or used any points to date. We still owe $12k on the contract. We were lied to (like most people) about the program and I'm trying to do some research before I contact the Exit folks so I know what to say and do. We were not aware of the "in perpetuity" clause that this would pass to our kids and they would be responsible for fees when we are gone. They also told us that Wyndham locations allowed pets (we have a small senior dog with medical issues so we can't easily leave her with a pet sitter) and we've found out that isn't true. We've also been told that we should have been given a paper that is an Inflation Calculator Sheet estimating what maintenance fees would/could be going forward for the next 30 years. I don't know if that is true or not but I know we were not given that if it is something they are supposed to include. Thanks to anyone in advance that can provide info.

Your situation is unfortunate, that they constantly tell people things just to get a signature is horrible. Its highly unlikely youll be able to get out of your timeshare unless you qualify for their hardship program. I doubt it though as ive rarely heard of anyone qualifying. Absolutly do not trust an exit company, they are just as preditory as the ones that sold you your timeshare and they arent going to do anything you cant already do yourself. If there is a way you can figure out how to use your timeshare thats probably the best option since im assuimng youve already paid something on it already. Then there is the simply default route. Youll likely take a credit hit and they will hound you a lot for a couple of years. But youll be out of it and it will be over. As i said on the in perpetuity im pretty sure that verbage simply means there is no end date to the time share, its yours and you, and anyone else on the contract, are responsible for the fees until you sell it, give it back or default. As far as the increase in maintainance fees, we never got a sheet like that either, however I was aware that the fees increase annually and that there is the possibility of a special assesment. I was also aware of the possible increases annually and budgeted accordingly. But I know some people wernt aware of the annual fee increases and felt like they were lied to. Basically the way I see it is if the rooms I get in a year are at least even to the amount of program and maintainance fees Im paying reguardless of the "size" of the room VS a standard hotel stay then I win. Factoring in the size of the rooms with kitchens and living rooms and multiple bathrooms and bed rooms I really win. But eventually the fees will eventually over time start to make it look less appealing.

No matter what I wish you luck. I kinda knew going in what i was getting into. Sounds like you did what a lot of people do and trusted yours sales person to be honest about the program. Luckily our sales lady was pretty upfront and the "closer" was the guy who really lied to us. I was pretty miffed at first but now that I learned about the program and how the points actually work for us im ok with what we have. Still thinking you had one thing only to find out you have something different leaves a sour taste in your mouth for sure.