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ROFR Exercised/Passed

Discussion in 'Hilton Grand Vacations Club / HGVC' started by GT75, Oct 26, 2016.

  1. tombanjo

    tombanjo TUG Member

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    I made an offer on the buy it now. It's silver season which is the lowest of the low, but still NYC Midtwon
     
    Smclaugh99 likes this.
  2. dayooper

    dayooper TUG Member

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    Location:
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    HGVC at The Flamingo
    I know that there is no ROFR at The Flamingo, but do you want me to add my 2 bedroom platinum for $4500? I just got my closing papers today.
     
    Panina likes this.
  3. Smclaugh99

    Smclaugh99 Guest

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    I don’t think season or room size matter at HCNY. It’s only points. There are definitely three distinct times of the year in which point values differ but I did not get any sense as a new owner that there is any preference given to platinum versus gold versus silver.

    Sean
     
    Last edited: Sep 13, 2018
  4. Panina

    Panina TUG Review Crew: Elite TUG Member

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    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    I always add the resorts I get even if they have no rofr. It lets others know the recent pricing.
     
    CaliGirl08 and dayooper like this.
  5. CalGalTraveler

    CalGalTraveler TUG Member

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    Your MF per point cost will be higher with silver I.e. you get more bang for your buck with platinum because the MF across a unit type is stable while the # of points increases from silver to gold to plat.
     
  6. SmithOp

    SmithOp TUG Member

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    HGVC King's Land 2BR Premier 14.4K Points.
    Will Silver season points be enough to get a full week during Gold or Platinum?

    I think Tombanjo understands the limitation on Silver and accepts because its NYC midtown so visiting any time of year has value to him.


    Sent from my iPad using Tapatalk Pro
     
  7. Smclaugh99

    Smclaugh99 Guest

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    30B31E2B-C5A4-499C-85BF-11803CA6F417.png
    The HCNY is different from the rest of HGVC in terms of their points/seasons.
    I just looked through the 34 page disclosure sheet with HCNY. They make no mention golf Platinum, Gold, or Silver in terms of giving preferential Home Resort bookings. If you own 5000 points, you own 5000 points - no season difference and no MF differences. The MF for everybody is about 28 cents per point. I will attach the point chart for the different times of the year. But yes, 5000 points would get you a studio for over 1 week during least busy time.

    Sean
     
    Last edited: Sep 14, 2018
  8. Sandy VDH

    Sandy VDH TUG Review Crew: Elite TUG Member

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    NO, a full week of silver will NOT be enough to get a full week in Gold and Platinum in NYC. But if you are talking other locations it might. But as others here have noted that is not a good use of NYC points. You should use NYC points in NYC given there MF per point.
     
  9. tombanjo

    tombanjo TUG Member

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    I plan to use studio size for two or three day visits a few times a year and borrow points from next year to round out. After 5 years, my borrowed week will be up, so I will skip that year. (So 1000 points a years first yr borrow, 2000, second year, etc. )

    I plan on getting a points week for other vacation (different location) days as well, I won’t be bereft of places to go.
     
    CalGalTraveler likes this.
  10. frank808

    frank808 TUG Member

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    Does HCNY have the all inclusive fee structure like residences? Thanks

    Sent from my SM-N950U using Tapatalk
     
  11. Smclaugh99

    Smclaugh99 Guest

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    Bottom line, you got a great price for HCNY and will undoubtedly enjoy your membership, esp because there is less competition with bookings. Congrats!

    Sean
     
  12. tombanjo

    tombanjo TUG Member

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    Yes, I believe it is $290 club fees instead of $170, but that includes free reservations. So multiple short stays are economical from the no housekeeping, no reservation fees point of view.
     
    Smclaugh99 likes this.
  13. frank808

    frank808 TUG Member

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    Would you care to say who you bought this unit from? If I can pay $120 more and save on all my booking fees, I will have to buy a unit there. The west 57th street properties were too expensive for what I need it for. I just want to pay the all inclusive fee and save on the booking fees. Not paying the booking fee every time I make a reservation. It would only take me 8 years to break even on a $7500 purchase cost for this unit.

    What are the MF for the HCNY 1br? Or are the studios even cheaper? Thanks

    Sent from my SM-N950U using Tapatalk
     
  14. VacationMode

    VacationMode Guest

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    Hi All! I’m new to this site, and a (soon to be) proud new owner of a Hilton lagoon tower 2 br OF unit! I just wanted to thank everyone on this site for all the useful info you have all provided me in my research into whether or not to buy a HGVC timeshare. So thank you! For those wondering, I paid 27k for 9600 points.(already updated ROFR.net) I know it’s a bit steep, but we really wanted the oceanfront unit as opposed to the ocean view. Since OV had so many diff units they could put you in but OF had to be one of the 2 front units. Thanks agajn guys!
     
    RX8, GT75, alwysonvac and 2 others like this.
  15. Panina

    Panina TUG Review Crew: Elite TUG Member

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    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    Welcome to official signing in to tug. Congratulations on your purchase. As you did your research and are happy with what you got, you will enjoy. Nothing like guaranteed oceanfront views.
     
    VacationMode likes this.
  16. CalGalTraveler

    CalGalTraveler TUG Member

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    Congrats @VacationMode That's an awesome unit (we have stayed in OF several times). Your price is in the resale ballpark for these units especially given the strength of the economy and how much more the developer would charge.

    Enjoy! You made a terrific purchase that you will enjoy for many years to come.
     
    VacationMode likes this.
  17. dayooper

    dayooper TUG Member

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    Congrats @VacationMode! Enjoy your purchase. Hopefully you will stick around here. One question, though. Who did you buy through?
     
    VacationMode likes this.
  18. VacationMode

    VacationMode Guest

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    I bought thru Diane Nadeau. She’s awesome!
     
    hurnik and dayooper like this.
  19. hurnik

    hurnik TUG Member

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    Yes, I can also add another "kudo" for Diane!
     
  20. Rosa Werden

    Rosa Werden Guest

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    Hi everyone! Thanks for all your info! We just signed on our purchase of HGVC Kings Land10,500 points, 2br floating, annual platinum for $13,800. Just waiting on the owners to sign and we can force ourselves to take an annual vacay! Yay!!
     
    Last edited: Oct 8, 2018
    dayooper and RX8 like this.
  21. dayooper

    dayooper TUG Member

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    Congrats!
     
  22. GT75

    GT75 Moderator

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    Has HGVC waived their rights on ROFR for your purchase already?
     
  23. Rosa Werden

    Rosa Werden Guest

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    Yes they did
     
    GT75 and Panina like this.
  24. Panina

    Panina TUG Review Crew: Elite TUG Member

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    Congratulations, make sure to add it to rofr.net.
     
    Rosa Werden likes this.
  25. GT75

    GT75 Moderator

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