[A "Smoking Deal" - NOT!!!], Myrtle Beach, Orange Lake Resort week 25, For Rent/Sale

[MarioElyas]

Hello,
I have a week 25 at the South Beach Resort 3000 South Ocean Boulevard
Myrtle Beach, SC 29577. I am looking to rent or sell my week. I have lost of points left (176,000 times 3) do the math (2010,2011, and soon 2012). My time share is completly paid for I want to sell it beacause franckly I don't use it. Make me an offer I will pay for the closing.

Details;
Two-Bebroom (two seperate bed room) 1,168 square feet
Sleeps up to 6
King zised beds in master and guest room, and pullout sleeper sofa
fully equipped kitchen
TVs in living room and bedroom
DVD player
Over-sized spa tub
Private Porch
Washer & driyer
Gas fire place
Wi-fi Internet

Cheers!

 

[obiomach]

I have a couple of questions....
Are the points listed on the posts, Holiday in vacation Club points or RCI points?

How many points get awarded a year?

What is the yearly MF?

 

[MarioElyas]

They are Holiday Inn Club Points.
I get 176,000 Holiday Inn points, with your membership you have access to the RCI web-site and book hotel via their site. 2 Holiday club points equal 1 RCI point.

Thank you,

 

[Travelclam]

What is the annual maintenance fee, taxes and any other fees?

How many years you can carry forward your Holiday Inn Club points? You said you have points from 2010 upto now, but will you still have all these points when the new year rolls around?

Is the Holiday Inn Club TS already including RCI membership?

B

 

[MarioElyas]

Hello,
MF 745$ Includes a 47 real estate tax due in January.
99$ annual membership fee, includes both RCI weeks membership and Holiday Inn Club points memberships.

It is a fixe week, but you have lots of trading power because of the following (size of the villa you are purchasing, where you purchased, the season you purchased, and the amenities available where you purchased), this is the reason you get 176,000 points. This means that you can book anywhere at Orange Lakes Resorts (and other hotels) as long as you have enough points and room availability. With your membership you also have access to the RCI web-site and book hotels with them. 2 holiday Inn Club points equal 1 RCI point.


Also, when buyer's usage begins? 2012 or 2013?
Your assigned points are alloted on Jan 1st of each year. They expire Dec 31st. This twelve month time frame is referred to as your Use year. If you dont use your points in a given Use year, you can have then (only once) for the following Use year. points will automatically be save into the next Use year.

If you have more questions pls feel free to ask, it will be my pleasure.
Thank you,

 

[aliikai2]

I emailed the seller and here is what I received

Hello,
thank you for the offer.
Here is my asking price 30K, I paid 34K for this.
Thank you,

It is clear that the OP isn't reading Tug if he thinks his timeshare is worth $30,000. I just sold one of these for $1099 plus closing.
jmho,

Greg

 

[Travelclam]

WOW!

I was calculating the 176,000 holiday points = 88,000 RCI points. With RCI points selling at what? 0.01$ each or something like that, and then I was calculating the MF of $745 whether it's worth to pay for 88K RCI points. I couldn't yet come up with the #'s but now knowing this, I will give up my calculation.

thx for the update.

b

 

[DeniseM]

$30K is clearly not a bargain deal - so it doesn't belong on the Bargain Deals Forum.