First, to offer my input to desert rose's question: Wyndham seems to have a recently revised policy of buying back (at least some) TS contracts. You can call the Title Dept for info at 1.800.251.8736, followed by option 2, followed by option 3.
I am currently in the process of evaluating the risk/reward of "deeding back" my TS to Wyndham. I contacted them via phone two weeks ago, and, without any negotiation at all, they agreed to "take back" our TS in Nashville (Music City - 105,000 pts). The "offered" price is $1.5K and no costs or fees.
I received the paperwork today. Upon trying to read the "legalize", I now have rather serious questions. In attempting to allay my concerns, I called the Legal/Title Dept but only received "blah, blah, blah platitudes" for answers, with no evidentially probative way to check the information. In light of the abysmal reputation of the industry, I wonder if anyone can offer any advice.
My concerns are:
1) the description of the "property" on the proffered deed is different than the language on my original deed,
2) The "owners" on the proffered deed is spelled differently than on the original deed, 3) the "owner's" address on the proffered deed is different than our legal domicile (the address on the new deed is the address of the resort in Nashville).
The condensed version of Wyndham answers was "not to worry, it all means the same as the language in your original". I am seriously considering generating my own version of a Quit Claim Deed and submitting that back to them. What's a poor guy to do (paraphasing Ado Annie in Oklahoma!)