My grandmother owns two Wyndham contracts; one is presidential reserve with a home resort of Bonnet Creek for one million points. The other is a Club Wyndham Access contract with 597,000. The timeshare is not paid for.
She has discussed doing away with the timeshare several times because of the cost. I have always handled the reservations and account on her behalf, so I don't know what to do here. Does she have the option of doing away with one of the contracts? Would she be better off to try to sell it by herself? Could she trade the Access contract back into Wyndham? Or, would it be better to stop making payments, obviously affecting her credit score?
We use the timeshare a lot, especially the Reserve portion. We have rooms booked for next year, and I'm not sure how existing reservations would work if we sold it by ourselves.
Any advice or guidance would be appreciated. Thank you!
She has discussed doing away with the timeshare several times because of the cost. I have always handled the reservations and account on her behalf, so I don't know what to do here. Does she have the option of doing away with one of the contracts? Would she be better off to try to sell it by herself? Could she trade the Access contract back into Wyndham? Or, would it be better to stop making payments, obviously affecting her credit score?
We use the timeshare a lot, especially the Reserve portion. We have rooms booked for next year, and I'm not sure how existing reservations would work if we sold it by ourselves.
Any advice or guidance would be appreciated. Thank you!