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Buying Resale at Sheraton Vistana Resorts - have a few questions...

Dave55123

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Hi all,

Newbie here... great website!

I won an Ebay auction and I thought it was straight forward, but...

The sales agreement reads:
- Floating week #33 Annually Deeded at Sheraton Vistana Fountains Condo.
- Unit Number: Floating number 1330
- Use Week & Season: Floating week #33 (1-52)

I guess I need clarification in:
- Since this is in Foundations, I understand all renovation/special assessements have been paid and almost complete.
- If it is Floating Unit, they can assign me any unit. Fountains only or else where too?
- If it is Floating Week 1 - 52, but has #33 listed, I can call and reserve any week. What does #33 represent?

Since it's resale and I'm not in SVN, am I at a disadvantage reserving a week during the summer?

Personally, I feel floating would best fit my family's needs as it will change as my kid(s) get older/school schedule changes. I assume floating avoids extra admin. fee at an exchange company.

Any feedback would be appreciated. Thanks in advance.
 

DeniseM

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Since this is a Starwood resort, I'm going to move your post to the Starwood Board. Be sure to check out all the resources at the top of the board.

And.....Congrats on your purchase!

I guess I need clarification in:
- Since this is in Foundations, I understand all renovation/special assessements have been paid and almost complete.
I wouldn't assume anything - do you have that in writing? Otherwise you may have to pay the special assessment.

- If it is Floating Unit, they can assign me any unit. Fountains only or else where too?
You should only be assigned to Fountains.
- If it is Floating Week 1 - 52, but has #33 listed, I can call and reserve any week. What does #33 represent?
All timeshares have to have a week assigned for deeding purposes and recording purposes. If this is a true floating week, that's it's only purpose.
Since it's resale and I'm not in SVN, am I at a disadvantage reserving a week during the summer?
No - resale owners have exactly the same opportunity to make a reservation at 12 mos. out - optimally at 8:59 ET.
 
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Dave55123

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Thanks Denise!

Thanks! You are quick.

Well, I won't be able to book anything 12 months out, if this closing goes timely, it'll be about 8 months, so I'm hopeful for late summer in Orlando.

Great website!
 

DeniseM

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Thanks! You are quick.

Well, I won't be able to book anything 12 months out, if this closing goes timely, it'll be about 8 months, so I'm hopeful for late summer in Orlando.

Great website!
Did you know you can ask the current owner to make a Resv. for you, now?
 

Dave55123

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RSVP now

I was going to ask if the current owner booked that week of #33, so we can plan toward that, but if not, I will figure out a time that works well.

Thanks again.
 

DeniseM

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Since week 33 is for deeding purposes only, there is no particular reason that they would have booked that week. You can ask them to make a Resv, for you in your name and they should specify with owner services that they want the Resv. to transfer (not be canceled) with transfer of ownership.
 
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