OP, I'm sorry you are in the position that you are. I think your best bet is to do a real analysis of all the possible solutions and plan a strategy to get out of this predicament. I don't want to sound preachy, but my advice would be to consider keeping the contracts (I don't think it really makes sense to throw away $6,000 at closing just to get out). But I would also advise you to make the tough choices that will get you out of this situation as quickly as possible. That means renting out all your points and using all the proceeds to pay off your loan. In addition, take the money that you would have spent going to Disney and throw that at your loan as well. If this strategy will cost you less in the long run it may be worth considering. The fact of the matter is that the exit strategies when buying direct are almost never positive (in the current marketplace). So no matter which way you slice it, selling is going to have a negative result. The only questions are how negative and when? Good luck with your situation.