Trading to Interval Question

Hi,

I am considering purchasing a 2 bedroom deluxe Harborside unit in Phase 2. It is platinum season. No reservation was made for 2014 and I will be receiving the 2014 star options. Closing probably won't happen until early December.

I am told I can deposit into Interval until the end of the year, but I am confused with how that works if I don't have a week reserved to trade? Please give me some guidance on how, if at all, those 2014 -129K star options can be used at that late date.

Thank you!

With Starwood, you are not permitted to reserve, and deposit a specific week in Interval. Instead, Starwood makes a generic deposit for you, that has a predetermined value that is the average of the season you own - it's not an actual reservation.

If you are very flexible about when and where you go, you may be able to make a Staroption reservation at a Starwood resort in December, but Harborside is virtually sold out for the rest of the year, so it will be nearly impossible to get a reservation there.

One option is to ask the current owner make a Staroption reservation for you now, and then follow up with the title office, to make sure it doesn't get cancelled in the transfer.

Here are all the Starwood resorts: The Maui resorts are also just about sold out for the rest of the year.

This is how I'd handle it:
1. Ask the seller if they are willing to make a Staroption reservation for you.
2. Give them a list of a wide range of available dates between now and the end of the year.
3. Give them a list of a wide range of resorts that are acceptable to you.