Advice on buying Hgvc resale

[ppetrillo18]

Hello, rescinded on a 3400 annual points gold at Las palmeras earlier this year. Now looking to buy resale. Probably looking at 5000 points per year. Need to understand next steps on how to buy. I went on redweek and some other resale sites and they are all over the place. One listing is asking $15000. Another with similar points etc is asking $4000.. Why such wide dispersion or am I missing something? They all ask for make offer. Any consultants I should talk to?

 

[TooManyIDs]

Judi Kozlowski

Search the forum for that name to see what others have said. Well established expertise, I bought three HGVC resales with them.

 

[dayooper]

Hello, rescinded on a 3400 annual points gold at Las palmeras earlier this year. Now looking to buy resale. Probably looking at 5000 points per year. Need to understand next steps on how to buy. I went on redweek and some other resale sites and they are all over the place. One listing is asking $15000. Another with similar points etc is asking $4000.. Why such wide dispersion or am I missing something? They all ask for make offer. Any consultants I should talk to?

There are owners that have unrealistic ideas on what they can get for their deeds. Take a peek at rofr.net to see what different deeds have actually sold for. You can contact a broker to help you. You may pay more in upfront cost with them, but you get someone to help you through the process.

As far as points go, I would recommend 7000 points (2 bedroom platinum) to the most of of your membership.

 

[ppetrillo18]

Thank you. If anyone has any trustworthy brokers to recommend please let me know. Thanks

 

[brp]

I also suggest becoming a supporting member of TUG. In addition to helping the community it gives you access to additional forums with timeshare deals that may be of interest.

Cheers.

 

[dayooper]

Thank you. If anyone has any trustworthy brokers to recommend please let me know. Thanks

Judi Kozlowski mentioned above is pretty. Seth Nick does a nice job as well.

I also suggest becoming a supporting member of TUG. In addition to helping the community it gives you access to additional forums with timeshare deals that may be of interest.

Cheers.

This.

 

[Mongoose]

There are several on eBay right now. Check the MF per point ratios before buying unless you have a specific location in mind.

 

[ppetrillo18]

Thanks. ebay is a good place to buy.?

 

[Willywilkes]

Thanks. ebay is a good place to buy.?

We bought on eBay last fall from seller tochoa25. Had no issues - they were super quick to get paperwork submitted - longest part was waiting for HGVC to actually do the transfer. Took about 5 weeks total from winning the bid to having account access.

 

[Mongoose]

Thanks. ebay is a good place to buy.?

I’ve purchased and sold 6 over the past 12 years on eBay with no issues. Look for a seller with good history and using a professional closing company like LT Transfer.

 

[dayooper]

Thanks. ebay is a good place to buy.?

It can be. There have been some issues with sellers, but searching up a seller here in TUG can help. tochoa25 that is mentioned above has a pretty good track record.

 

[ppetrillo18]

Judi Kozlowski mentioned above is pretty. Seth Nick does a nice job as well.



This.

Just became a member. Didn't realize I wasn't a member already and there is an annual membership that's how new I am to this

 

[audirt]

Take a peek at rofr.net to see what different deeds have actually sold for.

I hadn't seen this site before. It's really interesting. I have a question, though: is a price of $0.00 accurate? In other words, HGVC allowed one member to basically give the deed away?

If so, that's really unfortunate. My in-laws own at Tuscany and they're growing really dissatisfied with the maintenance fees, especially in light of what I pay at Elara. Finding out that their Gold deed is basically worthless will be major salt in the wound.

 

[brp]

We bought on eBay last fall from seller tochoa25. Had no issues - they were super quick to get paperwork submitted - longest part was waiting for HGVC to actually do the transfer. Took about 5 weeks total from winning the bid to having account access.

We have bought from, and sold with, Judi's team and they're great. We've gotten a couple from ebay, and one was from tochoa25. As above, this was smooth.

ebay can have problems, so be careful. But there are legit folks out there.

Cheers.

 

[alwysonvac]

Thank you. If anyone has any trustworthy brokers to recommend please let me know. Thanks

The frequently mentioned brokers on TUG
Judi Kozlowski - http://judikoz.com Latest list (link)
Seth Nock - http://www.sellingtimeshares.net/
Diane Nadeau - https://www.timesharebrokersales.com/
Syed Sarmad - https://advantagevacation.com/
Carl Thoms - http://timeshare-resale.com

Frequently mentioned sites for resales

The World's Largest Timeshare Marketplace | RedWeek

Explore timeshares for rent and sale by owner on RedWeek, the world's largest timeshare marketplace. Get resort info, reviews, and join timeshare forums.

www.redweek.com

Timeshare rentals and Resales - Buy, Sell, or Rent a timeshare

Timeshare rentals and resales through My Resort Network. MyResortNetwork.com brings together the community of timeshare owners and vacationers for their mutual benefit.

www.myresortnetwork.com

Free Timeshares

Timeshare ownerships offered completely free by owners! Rehome an unwanted timeshare at no cost! Timeshares listed here must be offered completely free!

tugbbs.com

Timeshare Resales by Owner | Search Discount Timeshares for Sale

Search Thousands of active Timeshare Resales ny owner. Industry Leading Online Marketplace for owners to Sell or Rent a Timeshare!

tug2.com

NOTE: Brokers have listings on multiple sites:
For example, here’s a link to Diane‘s listings on myresortnetwork - https://www.myresortnetwork.com/Resort/ownerforsale.asp?unitid=423535&sorting=price_asc

Thanks. ebay is a good place to buy.?

You can sometimes find rock bottom prices on eBay.
Some are sold by Postcard Companies (PCCs), who charged previous owners thousands of dollars to get rid of their timeshare. Just be careful. Like anything else that is advertised for sale on EBay, Craigslist, Facebook, etc, there are scammers.

The problem with eBay in the past, is that eBay feedback is often given before the transfer has completed. In 2009, TUG created a forum called “ Ratings of Timeshare Related Businesses” (link) to help buyers avoid some sellers (some were scammers, some were taking months/years to process a transfer, some were careless with documentation, etc).

Seller feedback threads can also be found on the TUG “Buying, Selling & Renting Timeshares” forum (link)

Here’s a link to a recent discussion regarding brokers vs ebay

Discussion of Trusted HGVC brokers and buying from Ebay

Received deed this weekend (Dec 3) on a 5k Boulevard vegas property that we bought through Diane Nadeau (Time share Broker sales. The docs were provided by TRS, Inc. Received email this am (Dec 6) with our contract number. 5K points/$1500 price tag/$899.23 MF Total transaction fees prior to...

tugbbs.com

Full disclosure: Over the years, I’ve picked up weeks from TUG frequently mentioned brokers (Judi, Diane, and others), HGVC resale agent (Joanne Peters), eBay and from individual sellers on the TUG marketplace and TUG Bargain Basement.

 

[CalGalTraveler]

If you dont mind taking time to conduct deep research on the timeshares to buy, and investigating EBay seller and risk, then EBay could save you a few bucks.

If you want to ensure you dont get scammed, and just want to get your vacations at a fair price but not wait for the absolutely lowest deal on EBay (which could take a while), then use a broker.

Many Tuggers are experts and do not mind EBay DIY to save money. Brokers offer more service, and for many the cost differential is minimal. Especially considering that you are still paying a fraction of developer prices.

 

[dayooper]

I hadn't seen this site before. It's really interesting. I have a question, though: is a price of $0.00 accurate? In other words, HGVC allowed one member to basically give the deed away?

If so, that's really unfortunate. My in-laws own at Tuscany and they're growing really dissatisfied with the maintenance fees, especially in light of what I pay at Elara. Finding out that their Gold deed is basically worthless will be major salt in the wound.

Yes. The lower season and/or high MF’s can be given away even in normal times. Since Covid hit 2 years ago, HGVC hasn’t really been exercising ROFR at all. I bought a 2 bedroom platinum Boulevard deed for $2500 this past June and there was someone that reported they bought one for $1500. In 2019, HGVC would have grabbed anything in the $6000 range and up. The only resorts exercising ROFR now are the South Carolina properties and they are being very aggressive.

There are also some on there that are $0.00 that weren’t reported as $0.00. Many if the eBay sellers are selling deeds that owners paid several thousands of dollars to “get rid of.” Some people that haven’t found a place like TUG will pay companies to get them out of their timeshare and will pay money to do so (unless it’s a really bad deed, they are paying someone lots of money to do something they can do themselves). The eBay sellers then sell them fir whatever they can. They are also paid to transfer the deeds. All of the money paid in the transaction, including the thousands of dollars the original owners paid is submitted to HGVC in the ROFR paperwork. They new owners never knows how much that is, so they report on rofr.net what they paid.

 

[dayooper]

Just became a member. Didn't realize I wasn't a member already and there is an annual membership that's how new I am to this

Best $15 dollars you can spend timesharing! If you write reviews, you can get your membership free (I still pay for mine even tough I gave write reviews).

 

[Bill4728]

There are owners that have unrealistic ideas on what they can get for their deeds. Take a peek at rofr.net to see what different deeds have actually sold for. You can contact a broker to help you. You may pay more in upfront cost with them, but you get someone to help you through the process.

As far as points go, I would recommend 7000 points (2 bedroom platinum) to the most of of your membership.

I also say look for a 2 bedroom platinum worth 7000

Note also the 5000 1 bd unit and the 4800 2 bd gold unit seem to be the same but the maintenance fees (MFs) will be different. The 4800 2 bd unit costing more since it is 2 bedroom vs 1 bd. MFs are based on unit size not points.

PLEASE NOTE as of Feb 24th HGVC points will be adjusted and a 7000 pt unit will now go up 60% or to 11,200 so sure that you're talking about the same things.

 

[Mongoose]

I hadn't seen this site before. It's really interesting. I have a question, though: is a price of $0.00 accurate? In other words, HGVC allowed one member to basically give the deed away?

If so, that's really unfortunate. My in-laws own at Tuscany and they're growing really dissatisfied with the maintenance fees, especially in light of what I pay at Elara. Finding out that their Gold deed is basically worthless will be major salt in the wound.

I doubt it unless they have a gift program Like Hyatt used to. Typically there was to be a transfer of legal consideration $ to execute a contract. You can get them for $1.

 

[audirt]

I also say look for a 2 bedroom platinum worth 7000

Note also the 5000 1 bd unit and the 4800 2 bd gold unit seem to be the same but the maintenance fees (MFs) will be different. The 4800 2 bd unit costing more since it is 2 bedroom vs 1 bd. MFs are based on unit size not points.

To add to this, some resorts, i.e. Elara, feature "grand" or "deluxe" units that come with 7000 points but are technically 1bd room units (and therefore have the MFs of a 1bd-room). We lucked into one of those units and love it.

 

[BingoBangoBongo]

To add to this, some resorts, i.e. Elara, feature "grand" or "deluxe" units that come with 7000 points but are technically 1bd room units (and therefore have the MFs of a 1bd-room). We lucked into one of those units and love it.

I own one of the 7000 point 1BR's at Elara too. In addition to that I have a EOY 12,600 point 1BR at Kings Land. Both of those have really low MF's.

 

[dayooper]

Our Illustrious Moderator @GT75 has a great spreadsheet that depicts the top MF per point ratios in the system. It’s in this thread that lists the MF’s of the different resorts in the system. The spreadsheet is in the 2nd post in the thread.

 

[Nowaker]

One listing is asking $15000. Another with similar points etc is asking $4000.. Why such wide dispersion

Some people are in denial and won't accept the truth the deed they spent $40k is worth $4k. So they list for $15k and... never sell.

 

[elysium5]

Some people are in denial and won't accept the truth the deed they spent $40k is worth $4k. So they list for $15k and... never sell.

Are all HGVC points made equal? Would a timeshare in Maui cost the same as HGVC resort in Vegas with the same number of points?