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How to Get Out of Worldmark Timeshare?

Wondering how to get out of WorldMark timeshare? You’re not alone. Here is what you need to know:

  1. What is the connection between Wyndham and Worldmark?
  2. What are the rescission laws that can help you rescind your Worldmark Timeshare?
  3. Should you hire a reputable exit company to exit your Worldmark Timeshare?
  4. What options you should avoid when canceling your Worldmark Timeshare? 

Continue reading to learn more about how to exit a Worldmark Timeshare. Or you can initiate a Live Chat to learn more through a free personalized consultation. We can help you find the best solution ideal for your timeshare situation.

Does Wyndham Own Worldmark?

Wyndham, Worldmark, Club Wyndham, Worldmark Resorts, well, just who exactly are these guys? To start, Worldmark is one of 20 vacation brands created under the ownership of Wyndham Timeshare Destinations.

Formerly known as Wyndham Worldwide, the company is still one of the world’s largest vacation ownership companies. A network of more than 7,100 properties in over 100 countries backs up this statement. And let’s not forget there are nearly 1 million owners each year taking advantage of this exchange network.

Founded back in 1989, Wyndham created Worldmark to accommodate the lifestyle changes of their timeshare owners. Next came Worldmark credits, a vacation currency owners would purchase to spend annually through their Worldmark account. Overall, the Wyndham family has made it clear they are a premier vacation ownership company.

Rescission Laws To Help You Rescind Your Worldmark Timeshare

If you recently purchased a Worldmark timeshare, then using your right of rescission may be your way out. The rescission laws can help you rescind your Worldmark Timeshare as these laws apply to all timeshare owners under the Truth in Lending Act (TILA).

If you recently purchased a Worldmark timeshare, you must act fast. An average rescission period can last 3-14 days, sometimes even 30 days. But it all depends on the state rescission laws you made your purchase in.

If you’re unsure of the length of your rescission period, our team recommends you look into your state rescission laws. This doesn’t mean the state where you live in!

We mean determining the state rescission laws of the location of your timeshare. Knowing this could save you thousands if you catch it in time! Most resorts require you to mail a written cancellation letter when rescinding your contract.

We recommend purchasing expedited mail to avoid any issues. Spending a few more bucks could potentially save you a fortune in cancellation charges!

You can click here and learn more about rescission.

Options to Avoid When Exiting Your Worldmark Timeshare

There are multiple options to avoid when exiting your Worldmark Timeshare. One option is putting your Worldmark timeshare on the resale market. But the first thing our team recommends you do is contact your resort. Programs like Wyndham Cares or Ovation have customer service teams who can guide you to safety!

Dave Ramsey in a recent episode of the Dave Ramsey Show called Timeshares “The Last Legal Fraud in America.” Despite Dave’s clear disdain for timeshares, he is correct about the abundance of frauds in the sector. This is another reason we recommend contacting your resort first to explore your options.

  • Exploring the resale market can be a dangerous place.
  • If you’re not careful, you could become a victim of a resale scam. This is because finding a buyer to purchase your timeshare can be like finding a needle in a haystack.
  • The reality is most timeshares depreciate instantly once purchased, and Worldmark timeshares are no exception.

If you search for Worldmark timeshares for sale on eBay.com or craigslist.com, you will quickly find that bids are listed as low as $1, just like most timeshares. You’ll soon discover that your timeshare’s worth is negligible or even non-existent. Even though the timeshare developers told you the total opposite when you were signing that contract, it won’t be easy to sell.

This has made tons of timeshares owners desperate to sell their timeshares. And who could hold them accountable? Owning a timeshare can truly become a burden. The issue is resale companies feed off this desperation and lurk throughout the resale market like sharks in the ocean.

If you choose the resale route, ensure a resale company doesn’t charge you high upfront fees. Our team suggests working with a company with no up-front fees to avoid any timeshare exit scam.

Hire A Legitimate Timeshare Exit Company To Eliminate Your Worldmark Timeshare

Selling your Worldmark timeshare can be challenging. And we understand your rescission period is a time-sensitive task. Anyone could miss it if no one explained this to you. So, what’s next?

To learn how to cancel a Worldmark timeshare contract, we always say the best way is always legal. This is why we recommend you hire a legitimate timeshare exit company to eliminate your Worldmark Timeshare that works alongside attorneys.

Reputable timeshare exit companies typically have attorneys who look for misrepresentations or loopholes in your agreement. Normally, they will ask you various questions about what was said to you and how you were treated during the timeshare sales presentation. Other exit companies will charge you up-front, and a few timeshare exit companies offer an escrow payment option.

We suggest hiring a company with no up-front fees and offering an escrow to protect you. The FTC and the BBB have warned timeshare owners against paying up-front to exit their timeshare contracts.

We recommend escrow because this eliminates all upfront fees paid directly to the exit company. Doing this removes all the risk of becoming a victim of a timeshare exit scam. Learn more about why escrow is essential by clicking here.

How to Cancel Worldmark Timeshare Contract

Selling a Worldmark timeshare can be challenging. And we understand your rescission period is a time-sensitive task. Anyone could miss it if no one explained this to you! So, what’s next?

If you want to learn how to cancel a Worldmark timeshare contract, we always say the best way is always legal. This is why we recommend you hire a timeshare exit company that works alongside attorneys.

Reputable timeshare exit companies typically have attorneys that look for misrepresentations or loopholes in your agreement. Normally, they will ask you various questions about what was said to you and how you were treated during the timeshare sales presentation. Other exit companies will charge you up-front, and very few timeshare exit companies offer an escrow payment option.

We suggest hiring a company with no up-front fees and offering an escrow to protect you. The FTC and the BBB have warned timeshare owners against paying up-front to exit their timeshare contracts. We recommend escrow because this eliminates all upfront fees paid directly to the exit company. Doing this removes all the risk of becoming a victim of a timeshare exit scam. Learn more about why escrow is essential by clicking here.

Final Thoughts

To sum up, if you’re pondering over how to get out of a WorldMark timeshare, don’t waste anymore time! Timeshares can be stressful mentally and financially.

If you went on vacation and were unfortunately victimized into signing a timeshare, know you have options. Increasing maintenance fees and monthly costs can genuinely make a timeshare feel like a burden. And let’s not forget the constant phone calls to upgrade your timeshare for more money.

As we explained the multiple options to cancel your timeshare ownership, we always recommend you get everything in writing, primarily if you work with a timeshare exit company that uses attorneys. Having everything in writing will help you stay protected from potential timeshare scams. Read more about timeshare exit scams here.

Numerous timeshare scams take place every year. Contact our team so we can help you determine if a timeshare exit company is legitimate, and we recommend working with timeshare exit companies that offer escrow so you pay no up-front fees. Know your legal rights so you can get rid of your timeshare contract legally. Read over our website, fill out the form on the right, or contact us through Live Chat for a free informational consultation.

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