Wyndham is closing a handful of legacy resorts - dedicated chart/tracker located in the first post for this unfolding set of events

[Twenty20]

What the heck happens with my 2025 points that I deposited into 2026? I understand I'm not getting my 2026 points, but will those 2025 points remain active and usable for all of next year within CW?

 

[dioxide45]

What might happen to people that may still owe money on a loan for a developer purchase at one of these resorts?

Just a curious thought, I had.

Has Wyndham even been selling individual deeds or UDI at any of these properties for the last 10 years? I would have thought all inventory would be going through Club Wyndham Access now.

 

[chapjim]

True, but the MF is only going to cover through 2025.

This may happen anyway, as this year has a week 53, which may buy a few extra days?!

I was thinking about people who booked through Saturday or Sunday. 2026 points wouldn't be implicated.

 

[amycurl]

It’s the same exact statement Wyndham released mid July on their website. It doesn’t give anything pertinent or helpful.

Yes, I know. But it's 1) the first official thing we'd seen from Wyndham about Shawnee and 2) the fact that it *doesn't* give more information than what was given for FG is quite....odd. Shawnee is a whole different ball of wax than FG; it's more like Edisto in its multiple HOAs, mixture of ownership types, etc. It'll be a lot more complex to unwind that relationship than at FG, and I would have expected a different message to Shawnee owners based on those facts.

acknowledging the closing of Skyline Tower.

There's new and more information here: "around 10 resorts" (not 14 or more) and not only the offer of a possible CWA swap but the possibility to "transfer their current Skyline deed to another property." Well, that's definitely a whole different ball of wax....

 

[Jan M.]

Standing back a ways, it would make some sense for the drop-dead date to be 1/4/2026 -- the Sunday after 12/31. That should soften the blow for people who booked through the weekend.

There would be various employee benefits they'd be paying if the employees worked into the next calendar year.

When my Jim was ready to retire I explained why I thought it would be to our benefit for him to work a month longer into the next year. It proved to be very beneficial. Insurance coverage for a longer time instead of ending immediately at the end of the year. The company's annual contribution to the health savings account. Additional PTO days that were paid in his final check. It seems like there was one more thing but I can't think what it was at the moment.

 

[paxsarah]

There's new and more information here: "around 10 resorts" (not 14 or more) and not only the offer of a possible CWA swap but the possibility to "transfer their current Skyline deed to another property." Well, that's definitely a whole different ball of wax....

I’m not so sure that’s new, so much as it is the original information from Club Wyndham filtered through and paraphrased by the general manager at Skyline.

 

[HitchHiker71]

What the heck happens with my 2025 points that I deposited into 2026? I understand I'm not getting my 2026 points, but will those 2025 points remain active and usable for all of next year within CW?

You will be fine - you already had entitlement and paid for your 2025 points - whether you used them or deposited them doesn’t matter.


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[amycurl]

I don’t recall the offer to swap to a different resort in any of the previous discussion, but I may have missed it. It would offer owners an opportunity to better control their MF costs (could possibly choose a resort with a better MF/pts ratio than CWA does.)


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[paxsarah]

I don’t recall the offer to swap to a different resort in any of the previous discussion, but I may have missed it. It would offer owners an opportunity to better control their MF costs (could possibly choose a resort with a better MF/pts ratio than CWA does.)


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Such an offer wasn’t previously mentioned, but what I’m saying is I don’t think this was a new offer to swap to a different resort, but just a local resort manager slightly misstating Wyndham’s original offer to swap to CWA only.

 

[donno]

There's new and more information here: "around 10 resorts" (not 14 or more) and not only the offer of a possible CWA swap but the possibility to "transfer their current Skyline deed to another property." Well, that's definitely a whole different ball of wax....

The "around 10" resorts to be retired agrees with the current TUG chart of the number of places left after you take out the "consolidation" ones that would not be considered "resorts to be retired".

 

[rapmarks]

We bought a resale in 1991 and our first exchange was to Fairfield Bay.
The next year we traded to Fairfield Glade and we went back for spring break a few times. We went so far as to go into a real estate office that offered resale timeshares to try to buy week 13 there.
Computers were dial up, but I am pretty sure we found tug at that time and tried to contact someone selling that week. We were not successful, but we considered that area for retirement.
Of course it was a long time ago, but we had a nice experience there. Hate to see it close.

 

[HitchHiker71]

The "around 10" resorts to be retired agrees with the current TUG chart of the number of places left after you take out the "consolidation" ones that would not be considered "resorts to be retired".

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[Fido Chuckwagon]

So, I will not be giving my contracts away. I am going to let Wyndham foreclose on me.

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

 

[Fido Chuckwagon]

Should at least be willing to pay or split the closing costs. Because they refuse, I see no difference between them and the vultures at Wyndham. So, I will not be giving my contracts away. I am going to let Wyndham foreclose on me.

Boy, this may be a fascinating case-study if even 50 percent of what this poster is posting is real. In general, we know from reports on TUG that credit hits for unpaid maintenance fee-only foreclosures are rare, and deficiency judgments for them are basically nonexistent. However, just because they are rare and unlikely, doesn't mean they are impossible. Legally, deficiency judgments are possible (depending on the state, etc.), but rarely would it be worth the effort for a developer/HOA to pursue one.

With all that said, we also know that T&L can be vindictive if you really stick it in their eye. Just ask @rickandcindy23 how vindictive they can be when you annoy them, and she didn't really do anything that overt other than running a rental business. In the case of @RENTER, you have a poster who indicates he runs a massive commercial renting enterprise, owns millions of points ($60,000 in annual dues would put it at likely 10 million or more), and further, leads a cabal of perhaps 100 other owners who do the same. This poster is now, publicly, indicating he is going to stick it to Wyndham by stopping payments, and is encouraging his other 100+ followers to do the same. He is doing so on a public forum that Wyndham higher-ups assuredly read, in a thread that they are certainly aware of. If even half of what he is posting is true I could really see Wyndham putting in the effort here to punch back pretty hard. From a pure business-sense standpoint, they would almost have to, to set an example so that others don't attempt to do what this poster is advocating. Deficiency judgments for six figures of unpaid maintenance fees, plus the costs of litigation, etc., could be pretty damaging.

In any event, it will be interesting to watch this play out.

@RENTER, you may want to stop publicly posting these plans and encouraging others to do the same, for your own sake.

 

[Fido Chuckwagon]

What might happen to people that may still owe money on a loan for a developer purchase at one of these resorts?

Just a curious thought, I had.

There probably shouldn't be any, because I don't think Wyndham sold deeds at these properties in recent times. That said, legally, they'd likely still be on the hook for those loans. You'd hope Wyndham would do right by them though if Wyndham holds the note.

 

[northovr]

There probably shouldn't be any, because I don't think Wyndham sold deeds at these properties in recent times. That said, legally, they'd likely still be on the hook for those loans. You'd hope Wyndham would do right by them though if Wyndham holds the note.

At Patriots Place the inventory they foreclosed on got converted to CWA and WorldMark

 

[RENTER]

I was called “dramatic” for recommending that owners with reservations at the likely resorts in 2026 consider making backup plans, and that I had done so myself.

No, you were not. You gave good advice

 

[RENTER]

A vulture? Really? For selecting one of the two possible paths I'm a vulture? In what way am I taking advantage of the difficulties of others?

What a jerk!

If you're done with Wyndham, does that mean you're done with TUG? Please say it is so!

Edit: I didn't pay $1.00 each. I paid $1.00 total for two contracts.

I am not the one bragging how I got a sweetheart deal over the misfortune off others. Now bragging I got it wrong, and you paid $1.00 for 2 contracts and not $2.00.

Then there are the others out there posting the closing of the resorts is creating a great buying opportunity to buy cheap resales.

Someone in a PM told me it is costing her a lot of money to dump her contracts. Vultures only think about themselves which is why they brag about their win with no consideration to the emotional pain off the seller.

Because of them, I will not give them away for nothing. I am always told here that what I pay Wyndham is a drop in the bucket and it will not be missed Then the same should apply to me being foreclosed on.

 

[Fido Chuckwagon]

Because of them, I will not give them away for nothing. I am always told here that what I pay Wyndham is a drop in the bucket and it will not be missed Then the same should apply to me being foreclosed on.

I guess we will find out! Please do update us of what actions, if any, T&L takes against you.

 

[RENTER]

Boy, this may be a fascinating case-study if even 50 percent of what this poster is posting is real. In general, we know from reports on TUG that credit hits for unpaid maintenance fee-only foreclosures are rare, and deficiency judgments for them are basically nonexistent. However, just because they are rare and unlikely, doesn't mean they are impossible. Legally, deficiency judgments are possible (depending on the state, etc.), but rarely would it be worth the effort for a developer/HOA to pursue one.

With all that said, we also know that T&L can be vindictive if you really stick it in their eye. Just ask @rickandcindy23 how vindictive they can be when you annoy them, and she didn't really do anything that overt other than running a rental business. In the case of @RENTER, you have a poster who indicates he runs a massive commercial renting enterprise, owns millions of points ($60,000 in annual dues would put it at likely 10 million or more), and further, leads a cabal of perhaps 100 other owners who do the same. This poster is now, publicly, indicating he is going to stick it to Wyndham by stopping payments, and is encouraging his other 100+ followers to do the same. He is doing so on a public forum that Wyndham higher-ups assuredly read, in a thread that they are certainly aware of. If even half of what he is posting is true I could really see Wyndham putting in the effort here to punch back pretty hard. From a pure business-sense standpoint, they would almost have to, to set an example so that others don't attempt to do what this poster is advocating. Deficiency judgments for six figures of unpaid maintenance fees, plus the costs of litigation, etc., could be pretty damaging.

In any event, it will be interesting to watch this play out.

@RENTER, you may want to stop publicly posting these plans and encouraging others to do the same, for your own sake.

Done on purpose knowing Wyndham would read it. They have to collect and thanks to those commercial letters we had 4 years to prepare for this day. They may decide it is easier to just cancel the contracts

 

[chapjim]

I am not the one bragging how I got a sweetheart deal over the misfortune off others. Now bragging I got it wrong, and you paid $1.00 for 2 contracts and not $2.00.

Then there are the others out there posting the closing of the resorts is creating a great buying opportunity to buy cheap resales.

Someone in a PM told me it is costing her a lot of money to dump her contracts. Vultures only think about themselves which is why they brag about their win with no consideration to the emotional pain off the seller.

So, the value of resale timeshares is in the crapper. That's not news. I bought from a broker -- he wasn't complaining. Don't know the unfortunate souls the broker dealt with.

You haven't answered the most important question. Are you done with TUG? Lots of people would like to see you gone. You are easily in the Top Five Most Obnoxious Posters on the Wyndham Forum.

 

[chapjim]

Boy, this may be a fascinating case-study if even 50 percent of what this poster is posting is real. In general, we know from reports on TUG that credit hits for unpaid maintenance fee-only foreclosures are rare, and deficiency judgments for them are basically nonexistent. However, just because they are rare and unlikely, doesn't mean they are impossible. Legally, deficiency judgments are possible (depending on the state, etc.), but rarely would it be worth the effort for a developer/HOA to pursue one.

With all that said, we also know that T&L can be vindictive if you really stick it in their eye. Just ask @rickandcindy23 how vindictive they can be when you annoy them, and she didn't really do anything that overt other than running a rental business. In the case of @RENTER, you have a poster who indicates he runs a massive commercial renting enterprise, owns millions of points ($60,000 in annual dues would put it at likely 10 million or more), and further, leads a cabal of perhaps 100 other owners who do the same. This poster is now, publicly, indicating he is going to stick it to Wyndham by stopping payments, and is encouraging his other 100+ followers to do the same. He is doing so on a public forum that Wyndham higher-ups assuredly read, in a thread that they are certainly aware of. If even half of what he is posting is true I could really see Wyndham putting in the effort here to punch back pretty hard. From a pure business-sense standpoint, they would almost have to, to set an example so that others don't attempt to do what this poster is advocating. Deficiency judgments for six figures of unpaid maintenance fees, plus the costs of litigation, etc., could be pretty damaging.

In any event, it will be interesting to watch this play out.

@RENTER, you may want to stop publicly posting these plans and encouraging others to do the same, for your own sake.

Should be easy to put a name to @RENTER. Just look for spikes in occupancy at Shawnee and Atlantic City. That is if what @RENTER says is true -- far from a certainty.

 

[CO skier]

Then there are the others out there posting the closing of the resorts is creating a great buying opportunity to buy cheap resales.

The potential closing of the resorts has nothing to do with the selling prices. Contracts at these resorts have been offered for $1.00 on eBay with no bidding interest for more than a decade. The sellers just want to get out from under the maintenance fee payments. Following is the exchange with the broker marketing one of these contracts when I offered to buy it at the $1.00 + closing costs price of the eBay auction that expired without any bidding interest. After the transfer completes, the sellers will be freed from the monthly maintenance fee payments (they are happy) and I will take on all the risk and future maintenance fee payments (seems fair to me).

 

[CO skier]

Should be easy to put a name to @RENTER. Just look for spikes in occupancy at Shawnee and Atlantic City. That is if what @RENTER says is true -- far from a certainty.

On social media, anyone can post their wildest fantasies, because there is no way to fact check the claims. I cannot believe how some people are buying-in to the fakery.

 

[bnoble]

If even half of what he is posting is true

I've had that poster on ignore for a long time---long enough that I no longer even peek. Based on the bits I did read before I bid them adeiu, I doubt that even 10% of it is true.

You are easily in the Top Five Most Obnoxious Posters on the Wyndham Forum.

And that is saying something.