skibummer
TUG Member
- Joined
- Aug 18, 2017
- Messages
- 85
- Reaction score
- 39
- Points
- 128
- Location
- Virginia
- Resorts Owned
-
WKV x5 (Scottsdale)
WLR x3 (Cancun)
SVV-Bella x2 (Orlando)
WMH x2 (Palm Springs)
WNORVK (Maui)
Chairman’s Club
All of my Vistana VOIs are mandatory resale (thanks Tug), but we love to ski at Steamboat and looking to buy resale Sheraton Flex for that reason. I am not interested in Westin Riverfront nor can I find a true deeded Steamboat week (very rare) for less than $20,000+. I understand most of the Sheraton Flex resale details, but I still have several questions regarding the resale limitations:
1. I am potentially looking to close on resale Sheraton Flex later in 2019, but I do not have any more time in 2019 to use the Sheraton Flex HOs this year. If the owner (original developer purchase) banks the 2019 HO points before the closing will the HO points convey to me or what happens to them? I don't want to think that the owner banked his HO points and then when the VOI transfers to me the HO points are not there. If the 2019 banked HOs transfer to me will they work as SO or only HO just for the following year the original owner banked the HO points? (I am tried to figure out just for the owner banked points what happens to them and if they can transfer as part of the sale and what limitations that banked points will have for me)
2. Is my understanding correct that once I own Sheraton Flex resale I as a resale owner will not be able to bank HO points at all? Does that mean in subsequent years that if I can't use points from (for example) 2020 in 2021 (even at just the Sheraton Flex resorts)?
1. I am potentially looking to close on resale Sheraton Flex later in 2019, but I do not have any more time in 2019 to use the Sheraton Flex HOs this year. If the owner (original developer purchase) banks the 2019 HO points before the closing will the HO points convey to me or what happens to them? I don't want to think that the owner banked his HO points and then when the VOI transfers to me the HO points are not there. If the 2019 banked HOs transfer to me will they work as SO or only HO just for the following year the original owner banked the HO points? (I am tried to figure out just for the owner banked points what happens to them and if they can transfer as part of the sale and what limitations that banked points will have for me)
2. Is my understanding correct that once I own Sheraton Flex resale I as a resale owner will not be able to bank HO points at all? Does that mean in subsequent years that if I can't use points from (for example) 2020 in 2021 (even at just the Sheraton Flex resorts)?