How to Cancel Your Wyndham Timeshare
If you are thinking of canceling your Wyndham timeshare, you may want to reach out to the Wyndham timeshare lawyers at Boukzam Law to explore your options. It can be challenging to cancel a timeshare outside of the rescission period, but you may still have options and a timeshare lawyer can help you explore them. Your ability to get out of your timeshare will depend on many factors, including how recently you bought your timeshare, whether you have an outstanding balance on your account, and whether you still owe money on your loan.
There are many reasons why people might want to move on from their timeshare. Life changes. Finances change. Travel plans change. While timeshare owners might find exit companies claiming to help them cancel their timeshare for a fee, timeshare owners should use caution. Beware of promises that seem too good to be true. When you hire a timeshare lawyer, you are working with a professional who has an ethical duty to put your best interests first. If we think it’s better you speak to Wyndham directly to explore your options, we’ll let you know. If we think you might have other legal options to cancel your timeshare, we’ll help you explore these solutions. Stopping your payments of maintenance fees and a loan could have consequences to your credit and this can also carry collateral consequences. Before you take big steps with your timeshare, consider speaking to a Wyndham timeshare attorney at Boukzam Law.
If you want to cancel your Wyndham timeshare, what are your options? What steps can you take to cancel your Wyndham timeshare? Let’s explore.
How to Cancel Your Wyndham Timeshare Within the Rescission Period
If you just recently purchased your Wyndham timeshare, you may still be able to cancel your timeshare contract without penalty. Every state has a period where a timeshare purchase can be canceled without penalty, but the period varies from state to state. This is known as a rescission period. In some states the rescission period is as short at 3 days, and in some states you might have well over a week to cancel your timeshare. If you recently purchased your Wyndham timeshare, but are having second thoughts, you may be able to cancel by writing a letter stating that you want to cancel your timeshare within the rescission period.
If you have questions about this process, you might want to speak to the timeshare attorneys at Boukzam Law today. We can guide you. If you want to write a letter to cancel your timeshare within the rescission period, you may need to formally deliver the letter or send the letter through registered mail. The timeshare cancellation lawyers at Boukzam Law may be able to help you. If the rescission period has passed, cancelling your Wyndham timeshare may be more complicated, but you may still have options. The Wyndham timeshare cancellation lawyers at Boukzam Law may be able to help.
Contact Wyndham Directly to Discuss Canceling Your Timeshare
If the rescission period has passed, you may still have options. You may want to try reaching out to Wyndham directly to discuss your options. Wyndham Cares can help timeshare owners explore the options they might have directly with the resort. You can ask if Wyndham has “deed back,” surrender, or buy back options. It is important to have realistic expectations when speaking to your timeshare resort company. You may receive much less than you paid for your timeshare when you participate in these programs and would still need to pay any outstanding fees. If you are behind on your maintenance fees or have an outstanding loan for your timeshare, you may not be eligible for Wyndham programs.
Yet, if these solutions don’t appeal to you, you may still want to speak to a timeshare lawyer to explore any further options you might have. The Wyndham timeshare lawyers at Boukzam Law may be able to help you explore other solutions.
Sell Your Timeshare
If the options provided by the resort don’t appeal to you, you may still have the option of selling your timeshare on the secondary market. Some owners choose to use a real estate agent, or work with resellers through the resort itself. It’s important to keep your expectations realistic, however. You may still only receive a fraction of what you paid for your timeshare and may not be able to sell if you have outstanding loans or fees. When selling your timeshare on the secondary market, you should also beware of timeshare exit scams, companies offering guaranteed sales for a fee, or companies offering to put your timeshare on the resale market for a high fee.
Another option might be to rent your timeshare on the secondary market, but you may need to look at your timeshare contract to see whether rentals are permitted. You may also be able to rent your timeshare to family or friends. Before you take steps to sell your timeshare, you may want to speak to a timeshare lawyer first to explore your options. If you are thinking of getting out of your timeshare, reach out to the timeshare lawyers at Boukzam Law today.
Contact a Timeshare Cancellation Lawyer
If you have a loan or are behind on your fees, getting out of your Wyndham timeshare might be complicated. It may not be impossible, however. Before you stop paying or fall behind on payments, consider reaching out to a Wyndham timeshare cancellation attorney at Boukzam Law to explore your options. Beware of timeshare exit scams or any person promising you an easy way out of your timeshare for a fee. The timeshare lawyers at Boukzam Law can review your situation and help you understand your options.
Being stuck in a timeshare you no longer use can be a stressful situation. You may be worried about falling behind in payments or may have already fallen behind. You may be worried about your children inheriting your timeshare. If you want to explore options for canceling your Wyndham timeshare, reach out to the Wyndham timeshare lawyers at Boukzam Law today. Our timeshare lawyers are here to help.
