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Biennial resales

J

jdypsu

TUG Member
Joined
Mar 19, 2008
Messages
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Location
Gambrills MD
I have read on the message board the the ROFR is usually around $1.50 for gold points for an annual resale in Orlando. Is it safe to expect that it would be half of that on a biennial resale? As an example a 5000 pt annual would have to go for $7500 to avoid Hilton ROFR but $3750 for a biennial. Is my logic OK here or am I off? Also, if purchasing on the resale market what do the closing costs look like at around $7500 for the buyer. I know about $250fee for Hilton to register in a new name.
 
Closing costs are often the same for a $1 ts bought on Ebay and a $20,000 TS bought from the developer. The closing costs run between $250 - $500.

The ROFR is even less likely to be used on an EOY contract that an annual contract so I'd shot for less than $3750 for a week worth 5000 EOY gold points
 
Thank you for answering my first question, I have one other question, If purchasing an EOY do I need to use all of the points in that year or can I take some with me into the following year (is that what they mean by rescuing?) This will be my first purchase and I want to make sure I don't out think myself here. I am thinking that if I buy an EOY with at least 5000 pts or more I could use some in one year and then use the rest the following year. I hate crowds so traveling in the silver season to Orlando is very appealing to me. Thanks again.
 
First to anwser your question. YES you can bank and borrow EOY pts. BUT as an "Even" owner you only get pts every even year, you can only bank and borrrow a single year forward or back, into a year you don't have points.

as an example: you own 5000 HGVC pts in 2008 and want to go to hawaii which cost at least 7000 pts. You can't borrow pts from next year because you only pts in '2008 & '2010. So, the only way an "even" year owner can go to Hawaii is to bank the 2008 pts and borrow the 2010 pts and go in 2009. You'll never be able to go in 2008 or 2010 because you'll not be able to bank or borrow across the 2 years between points.

If you were buying 10,000 EOY pts that would be different. But, I'd feel like 5000 EOY pts just isn't enough to make it worthwhile.
 
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