How to Cancel Wyndham Timeshares and Escape Your Contract

Wyndham is one of the largest companies in the timeshare industry. This Orlando, Florida-based vacation ownership company has not only mastered selling memberships, but it also excels at keeping owners in their timeshare purchase contracts. Once you join, it’s very hard to leave. Many owners find themselves wondering how to cancel Wyndham timeshares. 

The reasons for needing out of timeshare ownership are usually financial; people just can’t afford these overpriced vacations. Maybe you’re tired of paying endless annual maintenance fees, or perhaps you can’t stomach another year of paying for the mandatory “timeshare exchange” membership with Wyndham’s sister company, RCI. 

In this article, we’ll look at how to cancel Wyndham timeshares in various ways, including an evaluation of Wyndham’s own exit program. Whether you’re a long-term customer with a paid-off mortgage or a more recent customer who is wise enough to want out of your timeshare contract now, discover your options for canceling a contract.

Is There a Way to Get Out of a Wyndham Timeshare Contract?

Yes. As a matter of fact, there are several ways to get out of a Wyndham timeshare purchase agreement. If you ask Wyndham, they’ll tout their very own timeshare exit program, called Wyndham Cares. But the truth is that it has a lot of caveats that make it much less valuable than advertised. Plus, not everyone will qualify, and sometimes, it can make your vacation ownership problems worse.

Qualifying for Wyndham Cares

Wyndham Cares isn’t offered to just anyone. The developer has to approve you for its exit program, and this requirement keeps a lot of people out. First, you have to be up to date on all your maintenance fees and all other fees before Wyndham will even consider letting you out. You’ll also have to make sure your mortgage is completely paid off.

Unfortunately, many people are trying to exit timeshares because they can’t pay those amounts. So from the get-go, this program is withheld from the people who probably need it most.

Supposedly, Wyndham offers a hardship exception for customers who’ve suffered personal tragedies that have compromised their ability to pay for their timeshare. Even then, you still have to apply, and you might not be accepted. 

You should also be prepared for Wyndham to invade some very private areas of your life. They tend to request months of your bank statements and pay stubs. They will also likely conduct intrusive and embarrassing background checks. Even after all that, the most you might get for your trouble is a three-month pause on payments or a slightly modified repayment plan.

Assuming you can qualify for the Wyndham Cares program, be aware that Wyndham doesn’t like to let its owners go and will make a final play to keep them. Get ready to sit through another sales pitch (or three) where Wyndham reps try to convince you that leaving is a bad decision. 

Or worse, the timeshare salespeople might try to entice you to purchase more Wyndham points. Owners have reported being told that buying into a new membership tier or getting more points will solve all their problems, but that’s never really true. When you find yourself in a hole, you should stop digging. And when Wyndham sells you more points, it’s just helping you dig deeper.

So you can certainly try to use the Wyndham Cares exit program. If you succeed, then great. But don’t hold your breath, and be ready to pay out even more money — over $2,000 in most cases. Also, even once you are accepted, you’ll be placed on a list with thousands of other owners, while Wyndham only lets out a few hundred each year. In the meantime, you’ll be paying your fees while you wait for that promised exit.

What If You Still Have a Loan Balance on Your Wyndham Timeshare?

If you have a balance on your loan, you won’t qualify for a Wyndham timeshare cancellation through Wyndham Cares. But they might help you find a real estate agent or timeshare resale company or they may offer to list the timeshare for sale themselves. Selling is not a great option because nothing ever sells no matter who is in charge of the resale, and it probably won’t make you any money, even if you manage to find a buyer. 

Choosing this option also means you’ll have to go along with Wyndham’s specific protocols for selling your timeshare on the resale market. That means only working with Wyndham’s select pool of timeshare resellers and following their exact resale process. If you can’t succeed with them, you’re stuck. (Keep in mind also that these resales compete with Wyndham’s own sales of timeshares, so they do not have much motivation to help you sell your interest.)

Even without these hurdles, selling a timeshare is very difficult. A quick look at websites like eBay and Craigslist will reveal a long list of unsold timeshare properties marked at little to no cost. Why? Because the demand for timeshare resales is far lower than the number available. 

Even the most amazing realtor in the world would struggle to make a sale under those circumstances. But it gets even worse. Wyndham Cares forbids you from working with timeshare cancellation companies, so if you work with anyone other than their certified exit specialists, and Wyndham finds out about it, they won’t let you leave.

At this point, you might be thinking that this method of canceling a Wyndham timeshare sounds like a hostage situation. You wouldn’t be wrong. Remember, the main goal of Wyndham Cares is to make sure that Wyndham loses the least amount of money and isn’t exposed for its sneaky tactics.

In reality, Wyndham Cares is just a waiting game. While your property sits on the marketplace, Wyndham is still collecting fees despite their claims to help you escape financial distress. Despite professing to care about timeshare owners, the sad truth is that Wyndham is indifferent to their suffering and will allow it to continue far past the point that owners can afford it.

How to Cancel a Wyndham Timeshare Without Wyndham Cares

If the pitfalls of the Wyndham Cares exit program have you looking for a better option, Centerstone Group can help. We’ve guided thousands of timeshare owners out of contracts with multiple developers, including Wyndham. These successful exits have included Wyndham contract rescissions, timeshare transfers, and pressure campaign negotiations.

After we examine your case, we’ll determine which exit method can get you the best resolution possible. If you’re still within your legal cancellation period, we can guide you (for free) through the rescission process and how to send a cancellation letter.

If your rescission period has passed, we have other options available to help you leave your timeshare behind, including our proprietary pressure campaign to convince Wyndham to take back your unit. We also have a timeshare transfer program and an escrow option for those who qualify.

Then again, maybe you have a serious legal problem, like fraud by the timeshare company. If you need legal advice, we work closely with several expert timeshare lawyers and law firms who will use their skills to help you in or out of the courtroom. And by working with us, you can get preferred rates for their legal fees.

Can I Cancel My Timeshare Myself?

Yes, but going it alone is not the best solution when you are up against as large and sophisticated a developer as Wyndham. The better solution is to have a team of professionals on your side — like Centerstone Group — with the experience and expertise to get you results while protecting your peace of mind.

Get Exit Help From a Team That Truly Cares

Instead of putting yourself through the anguish of researching how to cancel Wyndham timeshares, reach out to the expert team at Centerstone Group. As the premier timeshare exit company, it’s your best bet for seeking contract resolution.

As an A+-rated timeshare exit company by the Better Business Bureau (BBB), Centerstone Group has an excellent track record helping timeshare owners get their lives and their finances back on track. Our customers give us an average rating of 4.78-out-of-5 stars, so our results speak for themselves.

If you try to cancel your timeshare on your own, it can be tricky. You might even make the situation worse. At Centerstone Group, we have the experience and technical expertise for how to cancel Wyndham timeshares. Contact us today for a free consultation and case evaluation.