Why would you want to cancel your Wyndham timeshare?
Did you get into your Wyndham timeshare under a false pretense? Were you led to believe that it was worth much more than it really is? Were you told that it was a “one time deal” and you better act fast – no time to read the contract?
If any of those situations apply to you you just might be able to cancel the contract you made with Wyndham for your timeshare. But, you need expert advice thanks to the many safeguards they put in place to protect themselves as a company.
It is obvious that the main concern for Wyndham is the bottom line – profits for their shareholders. Here’s a recent example: “Board of Directors has determined that a spin-off of the hotel business and the combination of Wyndham Vacation Ownership with RCI is the best structure to unlock shareholder value and enable strong growth across the businesses,” says the CEO of Wyndham Worldwide. (source) This was part of their press release announcing their spinoff of the Wyndham hotels into their own company and the combination of Wyndham Vacation Ownership with RCI. Wyndham made a perfunctory (performed merely as a routine duty; hasty and superficial: perfunctory courtesy. 2. lacking interest, care, or enthusiasm; indifferent or apathetic) tip of the hat to the owners saying it would be a benefit to them in some vague manner.
The first shot you have at cancelling a contract with Wyndham or any other timeshare developer is to notify them in writing within the rescission period. The rescission period could be anywhere from 5 to 10 days depending on the state where you bought it. It is very important to cancel as soon as possible during this period if you want out of the contract hassle free. The basics your letter would need to include all your personal information, date of purchase, contract number, and wording to the effect of: “Per the contract regarding this timeshare, I am contacting you within the rescission period in order to cancel this timeshare contract. I wish to cancel this agreement immediately.”
After this period of time cancelling your timeshare contract does have a fair amount of hassle associated with it. Some choose to enlist the help of an attorney. That is an expensive option to be sure. Yet others get the job done using using timeshare experts who specialize in timeshare cancellation. Timeshare Insiders have succeeded in cancelling thousands of timeshare contracts for the owners. They have your interests in mind and not unseen shareholders for large corporations. That would give you the peace of mind that you have professionals working on making your timeshare contract go away – along with the skyrocketing maintenance fees.
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