Do you have a Wyndham timeshare? Do you want to cancel it? You are not alone in this queue. There are so many people who want to stop the contract with Wyndham. If you are hesitant about this issue, we can help you out.
This is a common problem among people when they want to get out of Wyndham timeshare contract, especially when they are beginners. That’s why you have to follow some crucial steps to complete the process.
In this article, we are sharing how to cancel your Wyndham hotels timeshare. We will also share the proper process to sell the timeshare. Make sure you are reading all the details. So, let’s get started.
Step by Step Guide – How to Legally Exit a Wyndham Timeshare
Many timeshare owners feel stuck in their contracts, but legal exit options exist. Here is a step by step guide to successfully cancel your Wyndham timeshare without falling for scams.
1. Check Your Contract for Rescission Rights
- If you recently purchased your timeshare, you may be able to cancel under Wyndham’s rescission policy, which typically lasts between 3-14 days after signing.
- Your contract should outline the exact cancellation period for your state.
Action: Call Wyndham immediately and send a formal cancellation letter via certified mail.
2. Contact Wyndham Directly for Exit Programs
- Wyndham offers an in-house exit program called Certified Exit – backed by Wyndham.
- They may allow you to return your timeshare if your account is in good standing.
Action: Call Wyndham Owner Services at (800) 251-8736 and request a Certified Exit evaluation.
3. Hire a Licensed Timeshare Exit Attorney
- If Wyndham refuses your request, a licensed attorney can review your contract for potential legal options.
- Some contracts contain fraudulent misrepresentation, which may allow for legal cancellation.
Action: Consult an attorney specializing in timeshare cancellations before hiring an exit company.
4. Sell or Transfer Your Timeshare Legally
- If Wyndham will not take it back, consider:
- Listing it on a resale site such as RedWeek or Timeshare Users Group
- Transferring ownership to a family member
- Hiring a licensed broker to find a buyer
Action: Avoid resale scams. Never pay upfront fees to buyers claiming they have an offer.
5. Stop Paying (Last Resort Option)
- If all else fails, some owners choose to stop paying maintenance fees, forcing Wyndham to foreclose.
- This damages your credit but legally ends your obligation after foreclosure.
Action: Speak with a credit specialist before considering this option.
4 Proven Ways to End Your Wyndham Timeshare Contract
Who Owns Wyndham Hotels?
Before we talk about how to cancel the contract, we have to know some basics about Wyndham Hotels. As we mentioned above, this is one of the largest hotel chains in the world. Founded by Trammell Crow, Wyndham Hotels has been serving people since 1981.
The best thing about this company is they have more than 20 brands under their name. Some popular brands of Wyndham Hotels are La Quinta, Howard Johnson, Days Inn, and more.
This company has many hotels and resorts around the world. For example, Wyndham has hotels in over 9,280 locations and over 100 countries worldwide. It had made this company one of the largest hotel chains right now.
The headquarter of this hotel company is located in New Jersey. On the other hand, Michael Brown was selected as the CEO of this company in 2017. Many people are owning their Wyndham timeshare.
During The Rescission Period
The best way to cancel your timeshare is during the rescission period. If you have just purchased the timeshare, you will get a rescission period. That means you can cancel it without paying a cancellation fee.
However, most people don’t cancel the contract during this time. In this case, the process can be a little tricky. Because most companies don’t share every detail with people.
That’s why you can choose other processes. In the following section, we are sharing these methods. Plus, you can also get help from Wyndham Hotels.
How to Sell Wyndham Timeshare
If the rescission period is over, you can sell your timeshare. Hence, this is the best way to cancel your contract. To sell your timeshare, you have to choose a good timeshare exit company. They can help you a lot. Let’s find out how to sell your Wyndham timeshare:
- First, you have to find a good website for listing your timeshare. There are some good sites on the internet.
- The next thing you have to do is list the Wyndham timeshare on that website. Make sure you are filling in all the required details.
- When the process is done, you will get some good offers. Wait for the right one. You can also start negotiating
- After getting the potential buyer for your timeshare, you can sign contracts. In this case, the timeshare listing website can help you out.
- While signing the contracts, you can also do the Right of First Refusal clause. So, you can buy your timeshare back.
How to Get Out of Wyndham Timeshare
If you don’t want to sell your Wyndham timeshare, you can also end the contract. On the other hand, you can also get help from Wyndham care. They can guide you throughout the process.
Common Timeshare Exit Scams and How to Avoid Them
Many timeshare owners fall victim to fraudulent exit companies that promise an easy cancellation but fail to deliver. Here are the most common scams to watch out for.
1. “Guaranteed Exit” Upfront Fee Scams
- Some companies claim they can guarantee your exit but require upfront payments of $3,000-$10,000. Many of these companies disappear after receiving payment.
- How to Avoid: Never pay upfront. Legitimate exit attorneys work on escrow-based payments, meaning your money is only released once the timeshare contract is legally canceled.
2. Fake Resale Buyers Asking for Closing Fees
- Scammers pretend to have a buyer ready but demand a closing cost or processing fee before finalizing the deal. These offers are often fraudulent.
- How to Avoid: Use trusted resale platforms such as RedWeek or Timeshare Users Group.
3. Legal Loophole Phone Calls
- Some scammers cold-call timeshare owners, claiming they have discovered a legal loophole to cancel contracts. These claims are rarely legitimate.
- How to Avoid: Work only with licensed real estate attorneys specializing in timeshare law.
4. “Government Mandate” Exit Claims
- Some companies falsely claim that a new law forces Wyndham to take back timeshares. There is no such mandate.
- How to Avoid: Always verify legal claims with official state or federal sources.
If you suspect a scam, report it to the Federal Trade Commission (FTC) at www.ftc.gov.
Conclusion
Finally, you know how to get out of your Wyndham timeshare contract. We have shared the best ways to get out of it. Still, it can be very tricky if you are not being careful from the beginning.
If you have the rescission period, you can save a lot of money during the cancellation. On the other hand, the company will charge you the cancellation fee. You can also sell or rent your timeshare to save money.
FAQs
Q: How do I cancel my Wyndham contract?
You can cancel your Wyndham contract in various ways. The best way to cancel your timeshare is by selling it. On the other hand, you can also contact their help care.
Q: What happens if I stop paying my Wyndham timeshare?
If you stop paying for the Wyndham timeshare, you can face foreclosure. Your developer can file for non-judicial or judicial foreclosure. After clearing it, you can sell your timeshare.
Q: How much does it cost to get out of a timeshare?
If you are getting out of a timeshare, you need to follow some steps. Well, it can cost around $5,000 to $6,000 to get out of a timeshare.
Q: How do I cancel my Wyndham timeshare within 5 days?
If you have the rescission period with the timeshare, you don’t have to work hard to cancel it. Just follow the steps as per requirement.
