How do I rescind my Wyndham timeshare?

Posted on by Dominique Stacey

How do I rescind my Wyndham timeshare?

YOU HAVE THE RIGHT TO CANCEL THE CONTRACT WITHIN FIVE (5) DAYS AFTER THE DATE OF THE CONTRACT. CANCELLATION MUST BE IN WRITING AND IF SENT BY MAIL, ADDRESSED TO SELLER, ATTENTION: ACCOUNT CONTROLS AND ADMINISTRATION-RESCISSION DEPARTMENT AT 10750 WEST CHARLESTON BOULEVARD, SUITE 130, LAS VEGAS, NEVADA 89135; OR P.O.

How do you write a letter to cancel a timeshare?

Write Your Timeshare Cancellation Letter

  1. Your name and contact information.
  2. The name of your timeshare company.
  3. The contract number.
  4. The names on the timeshare contract.
  5. The date of purchase.
  6. A statement of cancellation.
  7. The amount you paid, including a request that this amount be returned to you.

Can you cancel a Wyndham timeshare purchase?

If purchased from Wyndham, buyers can cancel a Wyndham timeshare within the first few days of buying it – which is known as the rescission period. State laws generally mandate a recission period in the state in which your Wyndham timeshare was purchased, usually at the resort location.

Can I give back my Wyndham timeshare?

Can I sell my timeshare back to Wyndham? Through Wyndham Cares “Certified Exit – Backed by Wyndham“, owners are able to return their timeshare back to Wyndham if their loan is paid off and all maintenance fees are up-to-date. Contact Wyndham Cares directly to review your options.

How much is my Wyndham timeshare worth?

What’s a New Wyndham Timeshare Worth? For Wyndham, officials have estimated the average price of a timeshare interval to be just over $21,000. Keep in mind that this is the average price when buying directly from Wyndham.

Is RCI owned by Wyndham?

RCI is part of Wyndham Destinations (NYSE:WYND).

Does Wyndham have a buyback program?

The short answer to owners asking “will Wyndham buy back my timeshare” is no, Wyndham does not have an established program where owners can directly petition them to buy back their timeshare.

What to do when timeshare contract is rescinded?

A company or resort will want your contract back once a refund and rescission is made final. Make sure to keep a copy of the contract for your records and when the contract is sent back, attach a letter stating that it is being returned on the condition of rescission.

How to send a timeshare cancellation letter sample?

A sample timeshare rescission letter could look as simple as this: I wish to exercise my right to rescind and cancel my timeshare purchase made on 07/03/2021. My owner number is [x] and my name is [x]. And that’s it. There is usually no reason to hire a timeshare exit company to rescind a timeshare purchase made within the past week or two.

Is there a cooling off period for timeshares?

Even though you have signed a legally binding contract there are protections in place for timeshare buyers that change their minds during the “cooling off” period that follows a sale. An unhappy or misdirected timeshare buyer should be able to file for a rescission of timeshare property purchased given that the following 10 steps are followed:

Can a timeshare resort refund the money you paid?

If you send the letter to the correct address via certified or registered mail within the rescission timeframe of the state in which the timeshare was purchased, the timeshare resort has no choice but to refund you your money. It’s a state law.