- Joined
- Mar 13, 2006
- Messages
- 7,617
- Reaction score
- 2,669
- Location
- Milwaukee, WI
- Resorts Owned
- After 40+ years of T/S ownership, I am no longer "an owner"
I am the owner of a 77k point contract with Wyndham. Because it was my sister's (since around 2000) and she deeded it over to me (2008) I am considered an owner without the "resale" red flag. So the contract is eligible for their Certified Exit Program.
I first learned of the program at Nashville in January. Last month I was at Old Town Alexandria with more questions, which they really weren't able to answer. So they referred me to their Customer Care Department (talk about an oxymoron!). Anyway, I digress.
The stumbling block for my pulling the trigger on starting the process is the uncertainty regarding my RCI account, which I have had since the early 1980's. The counselor I spoke with on the phone last week kept saying because Wyndham opened the account for me, once the deed back process is complete, it will be closed down. I tried telling her that while I understand the account is being paid for by my monthly program fees, I can't have the account simply closed, because I have my other timeshare tied to the account, with several deposits (TPUs) plus another coming at the end of this year.
She advised that I should make exchanges for everything in the account ASAP so as to not lose them. She did state I could create/open a NEW RCI account, and transfer everything over so that when the Wyndham deed is exited/terminated, I won't lose my current deposits. I understand paying for the annual RCI membership (although I do have paperwork from them stating my account is paid through 10/31/22) . . . but I'm not willing to pay their transfer fees to move MY TPUs from one account that I own, to another. It just feels like a money grab.
The other bit of logistics that is unsettling is that the Wyndham counselor told me the "exit" process could take up to 6 months, so the timing for my RCI account to be deactivated is uncertain. It could be within the first month . . . or the full six months . . . so I'm stuck pondering why pay a bunch of money for/with a new RCI account, if it's not necessary.
Also the Wyndham counselor told me I have to continue paying the monthly program fees (roughly $70/month) through the process. That seems sorta crazy to me . . . although they also told me that I can still use my points for three years after the exit have been completed . . . which seems really crazy to me that they'd allow that after I've stopped paying the fees.
I've tried to search this here on TUG, but frankly there is just too much to try to go through in some very long threads. I'm really hoping there is someone out there reading this who has been through Certified Exit process with Wyndham, who is willing to share their experiences.
If I'm unable to comfortably/safely navigate this process with Wyndham and RCI, I may just try to find someone to give away this 77k contact held in Myrtle Beach.
I first learned of the program at Nashville in January. Last month I was at Old Town Alexandria with more questions, which they really weren't able to answer. So they referred me to their Customer Care Department (talk about an oxymoron!). Anyway, I digress.
The stumbling block for my pulling the trigger on starting the process is the uncertainty regarding my RCI account, which I have had since the early 1980's. The counselor I spoke with on the phone last week kept saying because Wyndham opened the account for me, once the deed back process is complete, it will be closed down. I tried telling her that while I understand the account is being paid for by my monthly program fees, I can't have the account simply closed, because I have my other timeshare tied to the account, with several deposits (TPUs) plus another coming at the end of this year.
She advised that I should make exchanges for everything in the account ASAP so as to not lose them. She did state I could create/open a NEW RCI account, and transfer everything over so that when the Wyndham deed is exited/terminated, I won't lose my current deposits. I understand paying for the annual RCI membership (although I do have paperwork from them stating my account is paid through 10/31/22) . . . but I'm not willing to pay their transfer fees to move MY TPUs from one account that I own, to another. It just feels like a money grab.
The other bit of logistics that is unsettling is that the Wyndham counselor told me the "exit" process could take up to 6 months, so the timing for my RCI account to be deactivated is uncertain. It could be within the first month . . . or the full six months . . . so I'm stuck pondering why pay a bunch of money for/with a new RCI account, if it's not necessary.
Also the Wyndham counselor told me I have to continue paying the monthly program fees (roughly $70/month) through the process. That seems sorta crazy to me . . . although they also told me that I can still use my points for three years after the exit have been completed . . . which seems really crazy to me that they'd allow that after I've stopped paying the fees.
I've tried to search this here on TUG, but frankly there is just too much to try to go through in some very long threads. I'm really hoping there is someone out there reading this who has been through Certified Exit process with Wyndham, who is willing to share their experiences.
If I'm unable to comfortably/safely navigate this process with Wyndham and RCI, I may just try to find someone to give away this 77k contact held in Myrtle Beach.