u/newengmama

On the deed to inherit Wyndham points but not CWA- bad?

Hi everyone, first time poster, I’m trying to make sense of the situation me and my sibling find ourselves in. My dad put us on the timeshare deeds with Wyndham about 15 years ago, at the owner update they keep telling us that we really should be in the club Wyndham access option because owning a deed versus a trust is a much higher liability. My father thinks this is just a sales tactic. I understand the general benefits of Club Wyndham access, where I’m having a hard time understanding is my liability of inheriting these deed points/weeks that are NOT CWA/not a trust. Sales claims that Wyndham will not buy them back even if we wanted to just offload, and that we will have a very difficult time trying to sell a deed property resale because it’s no longer the best financial option for ownership. My dad thinks this is them trying to sell us. We do not know how to proceed. He has always managed everything including maintenance fees, we are most concerned about our names being on the deeds after he passes, if we no longer make our long time trip to our home resort

Currently, he uses all 550K for the same week at the same resort across 3 units and has done this for almost 2 decades

Any advice is appreciated

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u/newengmama — 4 days ago