jrvaught406
TUG Member
- Joined
- Apr 6, 2017
- Messages
- 9
- Reaction score
- 1
- Points
- 3
Hi all,
I am new here and new to timesharing. I recently stayed at the Villa del Palmar in Cabo, and went through the 90 minute presentation (really 3 hours), which started at 27k for a 1000 points and a week stay yearly, but as I was leaving had gone down to 13k for the same thing. I did know of the resale market, so I thought I would look there and found this site, so I joined.
As I was doing my due diligence, I found that the Villa resorts on the resale market reduce the benefits to the new owner down to the lowest level, as per the contract with the original owner down to the standard. Where the owner is selling the RTU of a 2 bedroom, the new owner only gets a studio and no points.
I have been looking at the Hacienda Del Mar and was wondering if that resort or all the resorts have the same type of clause in the contract. I know about the FROR, and that some resorts pick up their contracts for pennies on the dollar and then sell them for full price during the sales pitch.
Any suggestions of what resort to buy on the resale market and what the benefits would be, such as other properties are in the mix to stay at with that purchase.
thanks in advance,
Jim
I am new here and new to timesharing. I recently stayed at the Villa del Palmar in Cabo, and went through the 90 minute presentation (really 3 hours), which started at 27k for a 1000 points and a week stay yearly, but as I was leaving had gone down to 13k for the same thing. I did know of the resale market, so I thought I would look there and found this site, so I joined.
As I was doing my due diligence, I found that the Villa resorts on the resale market reduce the benefits to the new owner down to the lowest level, as per the contract with the original owner down to the standard. Where the owner is selling the RTU of a 2 bedroom, the new owner only gets a studio and no points.
I have been looking at the Hacienda Del Mar and was wondering if that resort or all the resorts have the same type of clause in the contract. I know about the FROR, and that some resorts pick up their contracts for pennies on the dollar and then sell them for full price during the sales pitch.
Any suggestions of what resort to buy on the resale market and what the benefits would be, such as other properties are in the mix to stay at with that purchase.
thanks in advance,
Jim