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Chance of success?

Discussion in 'Hilton Grand Vacations Club / HGVC' started by Robotpedlr, Oct 28, 2014.

  1. Robotpedlr

    Robotpedlr TUG Member

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    Hi

    I am new on here and to TS in general. I have been reading all I can and I think I am ready to make a purchase of a HGVC property in Vegas.

    Wanted to see what others think my chance of success is (pass ROFR) for a $5,000 offer for the Las Vegas strip location for a platinum 1bd (4800 pts).

    My second choice is the flamingo for $3k-4k for a gold (5k points) 2 bd. maint is slightly higher here but would be my preference for actual staying in LV.

    I think ~5k points is all I need.

    Appreciate any feedback.
     
  2. HatTrick

    HatTrick Guest

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    Honestly, it's all been said before--many times.

    Do a TUG search for "Las Vegas" in the Hilton/HGVC forum and all of your questions--and more--will be answered.
     
  3. holdaer

    holdaer TUG Member

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    I've got a 5K gold 2BR at LV Paradise with HGVC waiting to see if it will pass. I offered $3K. My understanding is that I've got a 50/50 chance of it passing.

    I'm hoping that HGVC will pass more contracts towards the end of the year since maintenance fees are coming due. I don't know if that is sound logic or not but I'm going with it.

    Good luck.....
     
  4. itradehilton

    itradehilton TUG Member

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    I prefer the Flamingo location also no ROFR. We own both locations.
     
  5. Robotpedlr

    Robotpedlr TUG Member

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    Ended up making an offer with a higher chance of success at the SeaWorld location. Slightly higher MF at ~$664 but at a lower purchase price of $3,750. Hopefully it will go through.

    This is for a platinum 1bd (4,800pts) through Samuel at www.sellingtimeshares.net
     
    Last edited: Oct 29, 2014
  6. 1Kflyerguy

    1Kflyerguy TUG Review Crew: Rookie TUG Member

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    That is Seth Nock's company, he is pretty highly regarded here on TUG.

    I have not personally used him, but they are definitely on the short list of Brokers i would consider.

    Its my understanding they typically try to price their listings to pass ROFR, so i think you have a good chance of getting this unit.

    Are you buying multiple weeks, or did the Vegas units not work out?
     
  7. brp

    brp TUG Member

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    We just got Flamingo 5000 points for $3750. After doing this, it occurred to me that we might have been better off buying a different Vegas property with lower MFs (even though the difference isn't much). We're unlikely to book far enough out to use our Home Week advantage so, at 9 months (if I understand correctly) points are just points and any points can book into any location.

    Also, our primary use for the points is Bay Club, with Vegas as a secondary use.

    But as we've stayed at Strip and Karen Ave., it will be fun to try Flamingo at some point (our Vegas trip later this month is paid through a really good promotion from Wynn/Encore).

    Cheers.
     
  8. Robotpedlr

    Robotpedlr TUG Member

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    Not buying multiple weeks. After talking to Samuel (and others) it seems the extra cost up front (about $1k-$1.5k extra initial purchase to pass ROFR) at the las vegas strip would take many years to benefit me with it's lower MF. At $100 more a month in FL, it would be a better option for 10-15 years. Plus less up front.
     
    Last edited: Oct 30, 2014
  9. Seth Nock

    Seth Nock Guest

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    Right now the $3,750 for the Sea World will probably pass right of first refusal. About a month ago, it would not. Even thought the Las Vegas Strip has a slightly lower maintenance fee, I would not spend the extra, as Hilton has been buying back many Platinum units at the Las Vegas Strip property.
     

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