TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 25 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG has now saved timeshare owners more than $13,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $13Million dollars
    Dismiss Notice
  4. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  5. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  6. Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
    Dismiss Notice
  7. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  8. TUG has now joined Priceline.com as an affiliate!

    Members and guests who book air travel, rental cars and even Cruise Vacations thru TUG's priceline links will now support TUG in the process!

    Read more here
  9. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

Purchase Price For Orlando or Myrtle Beach?

Discussion in 'Vistana Signature Experiences (formerly Starwood)' started by chcsouthcarolina, Aug 9, 2009.

  1. chcsouthcarolina

    chcsouthcarolina TUG Member

    Joined:
    Aug 9, 2009
    Messages:
    5
    Likes Received:
    0
    Trophy Points:
    0
    My family just got back from a week at the Westin Lagunamar and purchased an every other year, one bedroom platinum plus. The deal we got was sale price of $15,000, 81,000 star options, and 95,000 star points. We already own WSJ platinum 3 bedroom.

    We enjoyed Lagunamar and would return, but we really wanted to get the star options so we can have longer vacations and/or take friends/family with us.

    My question is does anybody know what the price for something similar to what we bought is at the Orlando or Myrtle Beach properties?
     
  2. Bill4728

    Bill4728 Moderator

    Joined:
    Jun 6, 2005
    Messages:
    10,429
    Likes Received:
    106
    Trophy Points:
    699
    Location:
    Lake Tapps, WA
    Rescind Your Purchase If You Can!!

    You can buy resale in the mandatory section of SVV (Sheraton Vistana Villages) for about $3000- $5000. And get staroptions You will not get starpoints, but you'll be saving so much money it shouldn't matter.


     
    Last edited: Aug 9, 2009
  3. calgarygary

    calgarygary TUG Member

    Joined:
    Feb 13, 2007
    Messages:
    1,025
    Likes Received:
    0
    Trophy Points:
    36
    Please tell us that you can still rescind. You are paying a huge premium for those upfront starpoints.
     
  4. stive1

    stive1 TUG Member

    Joined:
    Apr 14, 2009
    Messages:
    161
    Likes Received:
    2
    Trophy Points:
    228
    Location:
    Cincinnati
    I recently purchased a 1 bed at Vistana Resorts for $1 and last month traded into the Westin in Cancun for next spring for a 2 bedroom unit....so I would second the thinking of not making such a big purchase from the developer.
     
  5. Ken555

    Ken555 Tug Review Crew: Rookie TUG Member

    Joined:
    Jun 7, 2005
    Messages:
    9,719
    Likes Received:
    638
    Trophy Points:
    398
    Location:
    Los Angeles
    Resorts Owned:
    Westin Kierland
    Sheraton Desert Oasis
    (Rescind!!)
     
  6. jarta

    jarta TUG Member

    Joined:
    Feb 1, 2008
    Messages:
    2,916
    Likes Received:
    1
    Trophy Points:
    273
    Location:
    Chicago
    If you are not worried about exchanging the Staroptions for Starpoints usable at Starwood hotels, I'd buy a resale of an annual 1-br Premium in Platinum season at a mandatory resort like Kierland (WKV).

    When you go to resell a unit at a mandatory resort, any new owner would get to use the Staroptions anywhere. Not so for a voluntary resort like Lagunamar. A new owner would be limited to exchanging via II or going to Lagunamar in the season owned. The ability to use Staroptions to trade internally in the SVN does not transfer when a unit at a voluntary resort like Lagunamar is resold. So, a unit at a mandatory resort will hold its resale value better.

    Moreover, there is no limit on the use of the Staroptions acquired when you buy a mandatory resale. You keep the same Starwood account and you can combine Staroptions for maximum flexibility.

    You should be able to get an annual 1-br Premium unit in Platinum season at WKV for around $10K. That gets you 81,000 Staroptions usable every year for $3K less than the unit you purchased at Lagunamar. (In other words, you will double your Staroptions and come out even on net price since the 95,000 Starpoints are worth just a little more than $3K.)

    You can always get a pretty cheap flight to Phoenix on SW Air. The yearly MF at Lagunamar and Kierland are quite comparable. I own at both and love vacationing at both. I'll be at Kierland in November and March. I'll be at Lagunamar for 2 weeks straight in February.

    You can do better than you have. Rescind while you can. :) ... eom
     
  7. LisaRex

    LisaRex TUG Member

    Joined:
    Mar 10, 2007
    Messages:
    6,717
    Likes Received:
    220
    Trophy Points:
    348
    Location:
    'burbs of Cincinnati, OH
    Resorts Owned:
    Used to own: WKORV-N; SVV - Bella
    Currently there is a 1 bdrm float (weeks 9-43 and 47) that is listed for $2800 at SBP. There's another 1 bdrm for $10k. 2 bdrms are $3-5k.

    You can pick up SVR for $1 + SA of $2500 right here on Tug.
     
  8. chcsouthcarolina

    chcsouthcarolina TUG Member

    Joined:
    Aug 9, 2009
    Messages:
    5
    Likes Received:
    0
    Trophy Points:
    0
    Will recind first thing in the morning...thanks to all who help guide a newbie through the waters.

    Only bad thing is my wife was right :doh:
     
  9. DeniseM

    DeniseM Moderator

    Joined:
    Jun 6, 2005
    Messages:
    53,231
    Likes Received:
    2,755
    Trophy Points:
    1,499
    Please read this FAQ about rescinding a Starwood purchase.
     
  10. SDKath

    SDKath TUG Member

    Joined:
    Dec 30, 2007
    Messages:
    3,067
    Likes Received:
    0
    Trophy Points:
    246
    Make sure you rescind EXACTLY the way it is outlined including sending via Fed Ex traceable delivery account AND via Fax. If you miss a date or signature, the paperwork is invalid and you are stuck!

    Katherine
     
  11. J&JFamily

    J&JFamily TUG Member

    Joined:
    Jul 9, 2009
    Messages:
    227
    Likes Received:
    2
    Trophy Points:
    229
    Location:
    So Cal
    Rescind, but don't admit to your wife that she was right..... :hysterical:
     
  12. jarta

    jarta TUG Member

    Joined:
    Feb 1, 2008
    Messages:
    2,916
    Likes Received:
    1
    Trophy Points:
    273
    Location:
    Chicago
    chc, ... For example, an annual Platinum 2-br non-lockoff in the mandatory Bella section of SVV (81,000 tradeable Staroptions each year) sold for $4,851 last night on eBay.

    That's doubling your average annual Staroptions for about 1/2 the net price. ... eom
     
  13. SDKath

    SDKath TUG Member

    Joined:
    Dec 30, 2007
    Messages:
    3,067
    Likes Received:
    0
    Trophy Points:
    246
    What are you talking about?? :D We wives have a 6th sense about this sort of thing and ALWAYS know when we are right! This is exactly why we are always right. :wave: Now if you only listened...

    Katherine
     

Share This Page