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Record Transfer Time 6 weeks one day!!

bendadin

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That rather scares me. I have 2 contracts that I need to get rid of, but they will cancel reservations to award full points to the new owner.

Yeah for lower MF and Outrigger, though! :)
 

Avislo

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Would not suggest attempting to change ownership on stripped contracts.
 

Braindead

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375K Bali Hai received by Wyndham May 25 and in account today!

Total 6 weeks one day!

Also mf’s are $20 per month less than advertised. Surprisingly came with Outrigger club which I thought didn’t happen with resale.
Outrigger Club does come with resales at resorts that qualify. Wyndham actually got it right for you.
 

Braindead

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Would not suggest attempting to change ownership on stripped contracts.
What do you consider a stripped contract ?
If an owner has used all 2018 use year points and sell the contract now that won’t close till November. Are they selling a “stripped contract” ?
 

Jan M.

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Grandview Las Vegas and Discovery Beach Resort - Both in RCI Points
Woodstone and Summit at Massanutten - Both in RCI weeks used as Wyndham PICs
Would not suggest attempting to change ownership on stripped contracts.

This brings up some things of interest that OP might be able to answer.

1. From what OP have said in their posts I thought Wyndham would cancel reservations to make the points available. Of course those reservations could already have been used so that wouldn't be an option. Did someone post that they were given the option of waiting for there to be more points available or paying for/renting the points needed so the deed or contract could be transferred?

2. I thought that Wyndham has been much more careful since the freeze in August 2016 and doesn't allow contracts or deeds to be transferred if there are issues, especially an issue like this.

3. I also thought Wyndham managed to get back the vast majority of those stripped deeds and contracts.

4. Aren't we getting close to the timeframe that those stripped deeds and contracts now or will soon have more points in them? The freeze was in August of 2016 and we are getting close to the 2019 use year given the time it takes to get a deed or contract transferred.
 

bendadin

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So when did your clock start ticking? Is it from purchase or deed recording? And where do you look in Hawaii? I can't even get my developer purchase to read correctly, no less two more resales.
 

harveyhaddixfan

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Let’s see how long mine will take. I got my paperwork from Sumday (recorded deed) yesterday and I’m assuming Wyndham should have theirs soon. I don’t have an account yet, so I won’t know exactly when it’s ready, but hopefully it’s sooner than later so I can make a reservation for next year.
 

dgalati

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I had a 126,000 point deed transfer today. 4 weeks from the time Wyndham received all paper work, resort transfer fee and the recorded deed. Big problem is I now have a negative points balance of 125,500 when I had a 500 point balance yesterday. Spent over 1 hour on phone getting the run around when in the past points balance would be adjusted to 0 while on the phone.
 
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