For the latest information on the status of Wyndham timeshare resort openings, please click onto our COVID-19 timeshare resort opening updates page
Wyndham vacation ownership is a timeshare powerhouse which brings nearly a million families to their vacation resorts every year. There is no better way to take a vacation than through a timeshare. The wonderful Wyndham timeshares are a great choice for your timeshare purchase because they have the best and most exciting places to visit using their points system. Never miss out on the vacation you want by getting into Wyndham timeshare resales.
Why should you look for a great deal on Wyndham timeshare resales? The answer is simple. Wyndham timeshares are owned and used by 900,000 happy customers. Unlike other timeshares, which force you to choose one spot over and over for your vacations, with a Wyndham timeshare you can accumulate points and spend them on the ones you want most. This means you can buy a timeshare ownership share, go to your “home resort” over and over, and then build up those points into a bank and use them to check out other places around the world. This is a special deal unlike any other timeshare on the market because it gives you both a preferred timeshare and the power to travel where you like.
Timeshare Broker Associates is proud to be a Featured Reseller of Wyndham Vacation Resorts, providing assistance and resources to owners who wish to resell their timeshare interest.
Most timeshares, including those in Club Wyndham Access, are located in beautiful places anyone would want to visit over and over again. Why not soak up the sun with your family in a beautiful resort you otherwise might not be able to afford? There is no reason not to enjoy a resort property or think that vacations are only for other people. That is why timeshares remain one of the most popular ways to vacation. It invests people and gives them a reason to take time out of their busy lives so they can relax, recharge, and enjoy themselves without feeling guilty that they somehow do not deserve the sunshine, the beaches, or any other location their heart desires.
When you see an ad proclaiming for Wyndham timeshare resales, know that if you choose to make that particular purchase, you are buying the perfect vacation spot through one of the most popular timeshare companies. Timeshares allow people to vacation in the spot of their dreams over and over because they have a short-term, annual ownership of it. Plus, they are often in some of the most desirable places for a vacation, so everyone is guaranteed a good time. Finally, you should buy a Wyndham Vacation Club timeshare resales because you can accumulate points at your “home location” and use them to travel the world one timeshare at a time.
FAQ about Wyndham Timeshares
How much does a Wyndham timeshare cost?
The cost of a Wyndham timeshare really depends on how the timeshare is purchased. There are two ways a timeshare can be bought – either through Wyndham or on the timeshare resale market. One method can cost substantially more than the other.
Buying through Wyndham is considered a retail purchase, with the average cost running at about $22,000 for a week of timeshare ownership. Because of the various points programs on the market, some timeshares can cost less and some can be more, depending on the purchase. For example, a two-bedroom timeshare stay would cost more than staying in a studio unit. This average cost is on par with the national average of just under $23,000 per week, plus any interest incurred if the purchase is financed through a mortgage.
On the other hand, Wyndham timeshare resales can cost 50-60% less than buying through Wyndham because you’re buying from an existing owner rather than from the company. Sales commissions and marketing costs are recouped in the Wyndham prices since they need to spend money to get prospective buyers to their resorts and sell them the product. On the resale market, those costs don’t exist since buyers are already looking online for deals.
For example, let us look at the points needed to stay at Wyndham Bonnet Creek resort in Orlando. During Prime Season, you would need 224,000 points for a week in a two-bedroom deluxe unit. Even less for the lower High or Value seasons – as little as 112,000 for Value season. This is an important distinction because owners with more flexibility in their vacation schedules can get more vacations for their points if they can take a trip during off-peaks seasons.
Wyndham Club Access points for sale are available on our resale marketplace for as little as $12,500 for a 400,000-point package. This could get you multiple weeks a year of vacations. Some points packages are even less since owners often go to the resale market to add points to their existing packages as a way to upgrade into larger accommodation or take more frequent trips.
Will Wyndham buy back my timeshare?
Wyndham has a program called Certified Exit – backed by Wyndham where they discuss options with owners looking to transition out of their timeshare ownership. As a Featured Reseller of Wyndham timeshare, we are a part of that program as Wyndham refers owners to us who are looking to sell and get some money back for their timeshare.
The Certified Exit program is primarily designed as a take-back program for long-term owners who are mortgage-free and up to date on their annual fees. In this case, there would be no compensation for the owner if they handed back their timeshare.
Wyndham is not known to buy back timeshares but will refer owners to their preferred resellers to discuss resale options.
Can I sell my club Wyndham timeshare?
Yes, you can sell your Club Wyndham timeshare on the resale market. One look at the Wyndham timeshares for sale on our resale marketplace will show you some of the inventory available for purchase on the secondary market. Points and deeded weeks are both available, so all an owner needs to do is to contact one of our licensed agents by clicking here or phoning 877-624-6889 so we can go over options with you in a no-obligation consultation.
Can you get out of a Wyndham timeshare?
There are a few ways to get out of a Wyndham timeshare. Wyndham has one of the most progressive programs in the industry to facilitate an owner’s choice to transition out of their ownership, but much depends on the current status of the ownership.
The Certified Exit – backed by Wyndham program is designed for owners who are looking to get out of their ownership, but there are conditions. The program is mainly for owners who are paid up without a mortgage and are up to date on their maintenance fees. Even then, Wyndham handles each request on a case-by-case basis and there is no guarantee that they will take back your timeshare. If they did take it back, ownership would be relinquished back to Wyndham with no compensation for the owner.
We are part of the program due to our Preferred Reseller status, which is why Wyndham refers owners to us who are looking to sell. The best way to get the most money for your timeshare would be to sell it on the secondary market, which is where our licensed agents can help.
What happens if I stop paying my Wyndham timeshare?
Owners can face stiff consequences if they stop paying their Wyndham timeshare fees. These payments come in two basic areas – either through a mortgage attached to the ownership or through annual fees associated with the timeshare.
Regarding the mortgage, payment is between the lender and the owner so Wyndham is not really included in this process. Even if you took out the loan at the resort when you bought your timeshare, it is most likely now in the hands of a third-party lender and considered an unsecured loan, similar to a credit card account. Not paying this loan would be handled like any other loan, with customer service follow-up leading to referral to a collection agency. The lender would probably use any legal means necessary to recoup payment – with the case reported to credit bureaus and resulting in a hit to your credit report.
The annual fees, whether in the form of maintenance fees or dues connected to points, would be handled either corporately by Wyndham or through your resort management company. So, a choice to stop paying would result in a similar process – customer service outreach from Wyndham followed by debt collection and possible foreclosure on your ownership. Foreclosure would be a last resort, as Wyndham attempts to get the timeshare back. The case would be reported to the credit bureaus at each step, resulting in a negative impact to your credit score.
Owners usually consider not paying as a last resort. If you are in this position, please reach out to us so one of our licensed agents can discuss your situation with you. There is no cost for a consultation, so feel free to reach us at 877-624-6889 or through our Contact Us page.
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